Agrochemicals Market - Forecasts from 2017 to 2022 - Analysis By Type, Crop Type & Geography - Research and Markets

The "Agrochemicals Market - Forecasts from 2017 to 2022" report has been added to Research and Markets' offering.

The agrochemicals market is projected to grow at a CAGR of 3.77% over the forecast period to reach US$300.548 billion by 2022, from US$249.745 billion in 2017. Agrochemicals are witnessing high demand on account of factors such as rising demand for pesticides, an increase in popularity of genetically modified crops and the pressure on farmers to reduce the cost of crop cultivation by using highly efficient agriculture products.

Agrochemicals are majorly used in agriculture, horticulture, and floriculture including a broad range of hormones, pesticides, synthetic fertilizers and chemical growth agents. Major benefits of agrochemicals include modifying the need of the crop to suit the changing weather pattern and increasing crop production by optimal use of scarce resources.

By crop type, the cereals segment accounted for the substantial market share in 2016. Multinational cereals players, such as General Mills, and Kellogg with their aggressive advertisements and branding strategies are boosting the demand for cereal, which in turn is augmenting the segment's growth. Moreover, the demand for crop protection chemicals such as pesticides and fungicides is high for this segment, as these are prone to frequent attacks from pests and insects.

Companies Mentioned

  • BASF
  • The Dow Chemical Company
  • Yara International
  • Monsanto
  • The Mosaic Company
  • Syngenta
  • Bayer CropScience
  • Israel Chemicals Limited
  • Agrium Inc.
  • Gharda Chemicals Limited

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Global Agrochemicals Market Forecast by Type (US$ billion)

6. Global Agrochemicals Market Forecast by Crop Type (US$ billion)

7. Global Agrochemicals Market Forecast by Geography (US$ billion)

8. Competitive Intelligence

9. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/brtmjh/agrochemicals