How much is the agrochemical industry worth?

How much is the agrochemical industry worth?

The global agrochemicals market size was valued at $231.0 billion in 2020, and is projected to reach $315.3 billion by 2030, growing at a CAGR of 2.9% from 2021 to 2030.

Who is the largest producer of agrochemical in the world?

Top 10 Largest Pesticide Companies in the World 2020

RankCompany2019 Revenue ($ billion)
1Syngenta (ChemChina)10.4
2Bayer Crop Science8.16
3BASF6.76
4Dow AgroScinces4.66

What is agrochemical market?

COVID-19 impact on the agrochemicals market The crop protection sector is in huge demand in recent years, with its increasing importance on the growth. Agrochemicals, such as pesticides and fertilizers, play an important role, as they have been able to serve as an important solution for farmers across the globe.

How big is the pesticide market?

In 2019, the agrochemical market worldwide was worth approximately 234.2 billion U.S. dollars. This is expected to increase to more than 300 billion U.S. dollars in 2025….

CharacteristicMarket value in billion U.S. dollars

How big is the fertilizer industry?

The market size, measured by revenue, of the Fertilizer Manufacturing industry is $19.3bn in 2021. What is the growth rate of the Fertilizer Manufacturing industry in the US in 2021? The market size of the Fertilizer Manufacturing industry is expected to increase 7.2% in 2021.

Which pesticide company is best?

Top Pesticides Companies in India

  • DHANUKA AGRITECH LTD: Dhanuka Agritech is a leading player in the Agri Inputs sector in India.
  • COROMANDEL INTERNATIONAL LTD:
  • INDOGULF CROP SCIENCES LTD:
  • RALLIS INDIA:
  • UPL LTD:
  • BAYER CROP SCIENCES:
  • BHARAT RASAYAN LTD:
  • SUMITOMO CHEMICAL INDIA LTD:

Are Agro Chemicals?

The term agrochemical or agrichemical is used as a generic term for the chemical products or pesticides used in agriculture. These include herbicides, fungicides and insecticides but also synthetic fertilizers, hormones and soil conditioning agents.

What is pesticide industry?

PESTICIDE INDUSTRY Page 3  INTRODUCTION- Pesticides are defined as the substance or mixture of substances used to prevent, destroy, repel, attract, sterilise, mitigate any insects. Generally pesticides are used in three sectors viz. agriculture, public health and consumer use.

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