PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1403765
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1403765
Australia Agrochemicals Market Introduction and Overview
According to SPER Market Research, Australia Agrochemicals Market Size By Product type, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Australia Agrochemicals Market is predicted to reach USD 3.64 billion by 2033 with a CAGR of 4.21%.
Agrochemicals are chemical or biological mixtures that are specifically designed to increase crop yield and quality. Agrochemicals are classified into two types: fertilizers and insecticides. While pesticides protect crops by controlling, eliminating, or repelling weeds and pests that could harm them, fertilizers improve crop quality by providing soil and crops with the nutrients they require. Given the current state of the world's population, increasing crop productivity on remaining arable land is critical in order to feed everyone on the planet.
The COVID-19 pandemic has had both beneficial and negative effects on the Australian agrochemicals market. On the plus side, the pandemic has highlighted the significance of agriculture and food security, leading to a rise in government funding and assistance for the sector. However, labour shortages, travel restrictions, and disruptions in global supply chains pose challenges for agrochemical producers and distributors.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2033
Base year considered 2022
Forecast period 2023-2033
Segments covered By Product type, By Application
Regions covered
Central Region, Southern Region, Northern Region.
Companies Covered Bayer CropScience; BASF SE; Corteva Agricsience; Nufarm Ltd; Syngenta AG
Australia Agrochemicals Market Segmentation
By Product type: Based on the Product type, Australia Agrochemicals Market is segmented as; Adjuvants, Fertilizers, Pesticides, Plant Growth Regulators.
By Application: Based on the Application, Australia Agrochemicals Market is segmented as; Commercial Crops, Fruits & Vegetables, Grains & Cereals, Pulses & Oilseeds and Others.
By Region: This research also includes data for Central Region, Southern Region, Northern Region.