PUBLISHER: QYResearch | PRODUCT CODE: 1862243
PUBLISHER: QYResearch | PRODUCT CODE: 1862243
The global market for Agrochemicals was estimated to be worth US$ 209025 million in 2024 and is forecast to a readjusted size of US$ 249923 million by 2031 with a CAGR of 2.6% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Agrochemicals cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Agrochemicals are chemical substances developed to enhance agricultural productivity by controlling pests, diseases, and weeds, as well as improving soil fertility. They include categories such as insecticides, fungicides, herbicides, and fertilizers. In 2024, the global consumption of pesticides alone surpassed 3 million tons (active ingredient equivalent), of which insecticides accounted for 23.30% and fungicides for 24.91%. These products play a vital role in ensuring food security and sustaining modern agriculture, particularly under the pressure of rising global population and changing climate conditions. Major international corporations such as Syngenta, Bayer Crop Science, BASF, Corteva Agriscience, and UPL Limited dominate the agrochemical sector, offering a wide portfolio of crop protection products and investing heavily in innovation for more sustainable formulations.
The upstream supply chain of agrochemicals primarily involves petrochemical and specialty chemical producers, who provide raw materials such as intermediates, solvents, surfactants, and catalysts. Agrochemical manufacturers process these into technical-grade active ingredients and formulate them into market-ready products. On the downstream side, the user base is highly diversified and fragmented across regions. Large-scale users include global agribusinesses and cooperatives such as Cargill, ADM, and COFCO, who procure in bulk with emphasis on cost-efficiency and crop-specific performance. Medium and small farmers, often aggregated through distributors and rural cooperatives, focus on flexible pack sizes, affordability, and ease of application. Multinational seed and agro-service providers, including Monsanto (now part of Bayer) and Syngenta, integrate crop protection chemicals with seed technologies, offering bundled solutions. Overall, downstream purchasing behavior is shaped by crop type, regional pest pressure, regulatory requirements, and farmers' sensitivity to cost-performance ratios.
The global agrochemical market is undergoing a shift driven by sustainability, digitalization, and regulatory scrutiny. Increasing resistance to traditional pesticides is accelerating demand for novel modes of action, bio-based crop protection products, and integrated pest management (IPM) strategies. Governments in Europe and North America are tightening regulations on chemical residues and environmental impact, leading to higher R&D costs and pushing companies toward safer, low-toxicity formulations. At the same time, Asia-Pacific and Latin America remain the fastest-growing markets due to their large agricultural bases and rising adoption of modern farming techniques. Digital agriculture tools, such as precision spraying and data-driven crop monitoring, are reshaping consumption patterns by optimizing chemical use. Leading companies like Bayer, Syngenta, BASF, Corteva, and UPL are strategically investing in biologicals, digital platforms, and partnerships with local distributors to strengthen their positions. Overall, while global demand continues to expand, growth is expected to be increasingly tied to innovation, regulatory compliance, and sustainable agriculture practices.
This report aims to provide a comprehensive presentation of the global market for Agrochemicals, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Agrochemicals by region & country, by Type, and by Application.
The Agrochemicals market size, estimations, and forecasts are provided in terms of sales volume (MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Agrochemicals.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Agrochemicals manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Agrochemicals in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Agrochemicals in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.