The Future of Agrochemicals: A Billion-Dollar Market on the Rise
Agrochemical Industry Overview
The agrochemicals industry is poised for significant growth, projected to reach USD 282.2 billion by 2028, rising fromUSD 235.2 billion in 2023, at a CAGR of 3.7% during the forecast period. This steady expansion reflects the increasing global demand for food production and agricultural sustainability. Agrochemicals, encompassing fertilizers, pesticides, adjuvants,...
New technologies with environmental compliance are expected to promote the market growth for agrochemicals
The global agrochemicals market has grown exponentially in the last few years and its growth is expected to continue due to the increasing area under irrigation system and greenhouse crop production. Factors such as the increasing cost of agricultural production, ease of application, innovative production practices, new product offerings, increased availability, and the advent of micro irrigation and...
Agrochemicals Market Steadily Driven by Rising Demand & Soil Degradation
Agrochemicals are certain types of chemicals, which are specially designed to increase the yield of various types of crops. These products include a broad range of chemicals including pesticides, nematicides, insecticides, fungicides, herbicides, and such other products. Different types of synthetic fertilizers, hormones and growth agents are also a part of the group of agrochemicals. The global agrochemicals...