The agrochemical market worldwide was provisionally valued approximately 82.85 million U.S. dollars in 2023. This is represents an increase from 2013 where the global agrochemical market was valued at approximately 65.29 million U.S. dollars. Agricultural chemicals and their uses Agricultural chemicals (also known as agrochemicals) are chemical agents that are used to protect crops from harmful things such as disease and pests. Additionally, they are used to improve or increase the growth and fertility of plants. Herbicides are used to kill weeds, fungicides are used to kill fungi, and insecticides are used to kill insects. Although the functions fulfilled by these products are very important, the use of agricultural chemicals such as pesticides is heavily criticized. Long term exposure to pesticides has been linked to diseases such as Parkinson’s, asthma, and leukemia. On an immediate basis, however, the health effects of pesticides include nose and throat irritation. Leading agrochemical companies The leading agrochemical company worldwide in 2020 based on sales was Chinese-owned company Syngenta. Based on market capitalization, Canadian fertilizer company Nutrien (the result of a merger between PotashCorp and Agrium) was one of the world’s leading agrochemical companies as of 2019. Monsanto was previously one of the largest and most well-known agrochemical/biotechnology companies in the world. As of June 2018, Bayer finalized a deal to take Monsanto over.

North America Agricultural Chemicals market size is USD 92861.68 million in 2024 and will expand at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.

According to the consulting group Next Move Strategy Consulting, the market volume of agrochemicals worldwide amounted to approximately 275.4 million metric tons in 2021. It is forecast that the global market size of agrochemicals will grow to around 296.6 million metric tons worldwide in the year 2030.

Agrochemicals, also known as agricultural chemicals, encompass all chemicals that are used to manage agricultural processes, such as chemical fertilizers, as well as insecticides, herbicides, nematicides, and fungicides. Hormones, soil conditioners, acidifying and liming agents, and other relevant chemical products are also included.

Check Market Research Intellect's Pesticide And Other Agricultural Chemicals Market Report, pegged at USD 80.5 billion in 2024 and projected to reach USD 105.2 billion by 2033, advancing with a CAGR of 4.0% (2026-2033).Explore factors such as rising applications, technological shifts, and industry leaders.

This statistic shows the market value of the global agricultural chemicals industry by type (crop vs. non-crop) from 2006 to 2019. In 2019, the global agrochemical market for crop protection was worth some 59.8 billion U.S. dollars.

Agricultural chemicals often refer to a wide range of pesticides, insecticides, herbicides, and fungicides. Many of these chemicals can be toxic and can be a significant risk to both the human population and the environment.

According to Cognitive Market Research, the global Agricultural Chemicals market size is USD 232154.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.30%from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 92861.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 69646.26 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 53395.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 11607.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of3.7% from 2024 to 2031.
Middle East and Africa held the major market ofaround 2% of the global revenue with a market size of USD 4643.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.
The Cereals & Grains held the highest Agricultural Chemicals market revenue share in 2024.

Market Dynamics of

Agricultural Chemicals Market

Key Drivers for

Agricultural Chemicals Market

Increasing Global Food Demand: The growing global population is exerting significant pressure on agricultural productivity, which requires increased crop yields. Agricultural chemicals, including fertilizers and pesticides, are essential in enhancing crop production by supplying vital nutrients and safeguarding plants against pests and diseases. This demand is especially pronounced in developing areas where agricultural growth is vital for ensuring food security.

Technological Advancements in Agrochemicals: Innovations in chemical formulations, such as bio-based and eco-friendly agrochemicals, are propelling market expansion. Precision farming methods, including drone-assisted spraying and intelligent sensors, are optimizing the use of chemicals, minimizing waste, and enhancing efficiency. These developments are rendering agrochemicals more effective and sustainable, promoting their adoption among farmers.

Government Subsidies and Support Programs: Numerous governments, particularly in Asia and Latin America, are encouraging the utilization of agrochemicals through subsidies and educational programs aimed at increasing agricultural productivity. Policies focused on modernizing farming techniques and boosting exports are further stimulating market growth. Such initiatives enable small-scale farmers to access high-quality inputs, thereby fostering overall market development.

Key Restraints for

Agricultural Chemicals Market

Stringent Environmental Regulations: Heightened concerns regarding chemical runoff, soil degradation, and water pollution have resulted in more stringent regulations governing the use of agrochemicals. Prohibitions on specific pesticides and fertilizers within the EU and North America are constraining market expansion. Adhering to these regulations raises production expenses, compelling manufacturers to invest in safer, albeit often pricier, alternatives.

Growing Popularity of Organic Farming: The transition towards organic and sustainable agricultural practices is diminishing dependence on synthetic agrochemicals. There is a growing consumer demand for pesticide-free products, encouraging farmers to implement natural alternatives. This movement is particularly pronounced in developed markets, presenting a long-term challenge for traditional agrochemical manufacturers.

Health Risks Associated with Agrochemicals: Extended exposure to pesticides and fertilizers has been associated with health problems among farmers and consumers, resulting in adverse perceptions. Increasing awareness of these health risks is driving regulatory agencies to enforce stricter safety regulations, which could impede market growth. Legal actions and prohibitions on harmful chemicals further obstruct industry development.

Key Trends for

Agricultural Chemicals Market

The Rise of Bio-Based and Organic Agrochemicals: In light of growing environmental concerns, companies are channeling investments into bio-pesticides, bio-fertilizers, and various organic alternatives. These products provide effective management of pests and nutrients while reducing ecological damag...

Agricultural Chemicals Market was valued at USD 243.90 Billion in 2023 and is projected to reach USD 303.31 Billion by 2030, growing at a CAGR of 3.8% during the forecast period 2024-2030.

Global Agricultural Chemicals Market Drivers

Growing World Population: In order to meet the growing demand for food, agricultural output must be raised. Fertilizers and insecticides are examples of agricultural chemicals that are essential to increasing crop yields.

Higher Crop Yields Are Needed: The use of agricultural chemicals is driven by the need for higher crop yields to meet the demands of an expanding population and assure food security. Crop productivity is maximized with the use of fertilizers and plant protection products.

Innovations in Agriculture Technology: Modern agricultural chemicals are adopted with the help of ongoing technological developments, such as precision farming and the application of biotechnology, which increase productivity and lessen environmental effect.

A Transition to Sustainable Agriculture: The use of agricultural chemicals that are biobased and ecologically benign is encouraged by the focus on sustainable agriculture techniques. Biopesticides and organic fertilizers fall under this category.

Increase in Genetically Modified (GM) Crop Adoption: The use of GM crops, which are engineered to be resistant to pests and diseases, has led to a rise in the market for agricultural chemicals, such as herbicides and insecticides specifically formulated for GM crops.

Changing Dynamics of Pests and Climate Patterns: Agriculture has difficulties due to changes in insect dynamics and climate change. Chemicals used in agriculture aid in the control of illnesses, pests, and other environmental elements that affect crop health.

Policies and Assistance from the Government: Farmers are encouraged to embrace modern farming techniques by supportive government regulations, subsidies, and incentives for agricultural practices, including the use of agricultural pesticides. These measures have an impact on market dynamics.

The necessity of effective resource and water management: Water and resource management is made easier by agricultural chemicals like soil conditioners and water-soluble fertilizers, which help with issues like nutrient depletion and water scarcity.

Precision Agriculture's Growth: By combining data-driven decision-making with precision agriculture, it is possible to maximize the influence of agricultural chemicals on crop output through focused and efficient application.

Agriculture's Globalization: The need for agricultural chemicals is driven by the globalization of agriculture and the interconnection of agricultural markets, as farmers strive to achieve international quality standards and increase their competitiveness.

Knowledge of Crop Protection: The market for agricultural chemicals is expanding as farmers become more conscious of the value of crop protection and the financial advantages of utilizing pesticides to reduce yield losses.

Explore insights from Market Research Intellect's Agricultural Chemicals Market Report, valued at USD 270 billion in 2024, expected to reach USD 360 billion by 2033 with a CAGR of 4.0% during 2026-2033.Uncover opportunities across demand patterns, technological innovations, and market leaders.

Discover growth stimulants, challenges, and expansion opportunities in the Agricultural Chemicals market with our detailed analysis report. Stay ahead in the industry!

Europe Agricultural Chemicals market size is USD 69646.26 million in 2024 and will expand at a compound annual growth rate (CAGR) of 2.8% from 2024 to 2031.

The global agrochemicals market is booming, projected to reach $[estimated 2033 market size] billion by 2033, with a 4.9% CAGR. Discover key trends, leading companies, and regional insights in this comprehensive market analysis. Learn about the drivers, restraints, and segmentation of this vital industry.

Explore the dynamic global market for pesticides and agricultural chemicals, driven by rising food demand and crop protection needs. Discover market size, CAGR, key trends, and regional insights for 2025-2033.

Agriculture Chemical Market Outlook

The global agriculture chemical market size was estimated at USD 240 billion in 2023 and is projected to reach USD 355 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.5% over the forecast period. The robust growth in this sector is primarily driven by the increasing demand for food due to the growing global population, coupled with advancements in agricultural practices and technology. These factors are collectively fostering an environment that supports the sustained growth of the agriculture chemical industry.

One of the significant growth factors contributing to the expansion of the agriculture chemical market is the escalating global population, which necessitates higher agricultural productivity to meet food demands. Innovations in biotechnology, such as genetically modified crops, have made it possible for farmers to achieve higher yields, which in turn drives the demand for agricultural chemicals like herbicides, insecticides, fungicides, and fertilizers. Additionally, the modernization of farming practices, including precision agriculture, is compelling farmers to use more specialized and efficient agrochemicals to maximize crop output and minimize waste.

Another critical driver is the increasing awareness and adoption of sustainable farming practices. As consumers grow more concerned about the environmental impact of traditional farming methods, there is a rising inclination towards the use of bio-based and organic agriculture chemicals. These eco-friendly products are designed to reduce harmful residues in food crops and minimize the overall environmental footprint of agricultural activities. Government regulations and support for sustainable agriculture further amplify this trend, promoting the development and use of safe and effective agricultural chemicals.

The global climate change scenario also plays a pivotal role in shaping the agriculture chemical market. Unpredictable weather patterns and the prevalence of pests and diseases have led to significant agricultural losses. To mitigate these risks, farmers are increasingly relying on chemical solutions to protect their crops and enhance soil health. The need for crop protection against the adverse impacts of climate change has become a vital determinant of market growth, driving the demand for innovative and resilient agricultural chemicals.

Agrochemical Active Ingredients play a crucial role in the agriculture chemical market, serving as the primary components in the formulation of various agricultural chemicals such as herbicides, insecticides, and fungicides. These active ingredients are responsible for the chemical's effectiveness in controlling pests, diseases, and weeds, thereby enhancing crop protection and productivity. The ongoing research and development in this field aim to create more efficient and environmentally friendly active ingredients that can address the challenges posed by climate change and evolving pest resistance. As the demand for sustainable and efficient farming solutions grows, the innovation in agrochemical active ingredients becomes increasingly important, ensuring that farmers have access to advanced tools for crop management.

Regionally, the Asia Pacific region holds a dominant position in the agriculture chemical market, driven by countries like China and India, which are significant agricultural producers. The rapid urbanization and industrialization in these countries are leading to considerable agricultural transformations, requiring advanced agricultural chemicals to maintain productivity. North America and Europe also represent substantial markets due to their highly mechanized farming sectors and stringent regulatory frameworks that promote the use of high-quality and environmentally safe agrochemicals. Meanwhile, Latin America and the Middle East & Africa are emerging markets with significant growth potential due to their expanding agricultural activities and increasing adoption of modern farming practices.

Product Type Analysis

The agriculture chemical market is segmented by product type, which includes herbicides, insecticides, fungicides, fertilizers, and others. Herbicides, particularly, hold a significant share of the market due to their widespread use in controlling unwanted vegetation that competes with crops for nutrients, water, and sunlight. The application of herbicides is essential for ensuring higher crop yields and quality, making them indispensa

The size of the Pesticide And Other Agricultural Chemicals market was valued at USD XXX million in 2023 and is projected to reach USD XXX million by 2032, with an expected CAGR of XX% during the forecast period.

The Agriculture Chemical Packaging Market Report is Segmented by Material Type (Plastic, Metal, Paper and Paperboard, and Composite), Product Type (Bags and Pouches, Bottles and Containers, Drums and IBCs, and Caps and Closures), Chemical (Fertilizer, Pesticide, Biologicals, and Adjuvants and Surfactants), and Geography (North America, South America, Europe, and More). The Market Forecasts are Provided in Terms of Value (USD).

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Latin America Crop Protection Chemicals Market Size 2024-2028

The Latin America crop protection chemicals market size is forecast to increase by USD 6.41 billion at a CAGR of 5% between 2023 and 2028. In Latin America, the crop protection chemicals market is driven by the need to enhance crop production systems in response to rising food demand and the pursuit of higher agricultural productivity. Crop yields are a significant concern for farmers in the region, leading to an increase in the use of herbicides, and agrochemicals, and the implementation of integrated pest management (IPM) as a new method of crop protection. Additionally, there is a growing trend towards sustainable agricultural practices, including the use of micronutrients and precision farming techniques, to minimize the environmental impact of chemical use. Organic farming is also gaining popularity as a substitute for traditional crop protection methods. These trends are expected to drive market growth in the coming years.

Market Analysis

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The market plays a crucial role in safeguarding agricultural productivity against various pests and climatic conditions. The region's agricultural sector faces numerous challenges, including pest infestations from insects, fungi, and weeds, which can significantly impact crop yields and food security. Herbicides, insecticides, and fungicides are essential components of the Crop Protection Chemicals market, as they help mitigate the negative effects of pests on crops. Climate change and monoculture farming practices have led to an increased incidence of pest resistance, necessitating the development and adoption of advanced crop protection products.

Furthermore, the market in Latin America is expected to grow due to the rising food demand and the need to maintain agricultural yield. Fungal diseases, such as late blight and rust, pose significant threats to crops like potatoes and coffee, respectively. Chemical usage in agriculture is essential to combat these diseases and ensure healthy crops. Integrated Pest Management (IPM) practices have gained popularity in recent years as a sustainable solution to pest control. IPM combines the use of chemical pesticides with other methods, such as biologicals, micronutrients, and precision farming techniques, to minimize the reliance on chemicals and reduce the risk of resistance.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Herbicides
  Insecticides
  Fungicides
  Adjuvant


Crop Type

  Cereals and grains
  Oilseeds and pulses
  Fruits and vegetables
  Others


Geography

  Latin America

By Type Insights

The Herbicides segment is estimated to witness significant growth during the forecast period. Crop protection chemicals, including herbicides, insecticides, and fungicides, play a crucial role in mitigating pest infestations and enhancing agricultural productivity in Latin America. Herbicides, specifically, are categorized based on the type of herb they target. Both synthetic and bio-based herbicides are utilized in this segment. The herbicide market in Latin America is experiencing significant growth, particularly in developing countries such as Brazil, Argentina, and Chile. This expansion can be attributed to the increasing demand for agricultural productivity and the maturity of the global herbicides industry, as indicated by the clear segmentation of end-user industries and product groups and the relatively stable nature of products and brands.

Furthermore, Brazil is currently experiencing the fastest growth rate among developing countries in Latin America, with Argentina, Chile, and Uruguay following closely behind. The agriculture sector is the primary driver of the herbicides market in Latin America, as farmers rely on these chemicals to protect their crops from various pests and diseases. In summary, the herbicides segment is poised for substantial growth in Latin America, with Brazil leading the charge. The maturity of the global herbicides industry, coupled with the agriculture sector's increasing demand for crop protection, underpins this market trend.

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The herbicides segment was valued at USD 10.01 billion in 2018 and showed a gradual increase during the forecast period.

Our market researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Market Driver

Increasing use of herbicides is the key driver of the market. In Latin America, the crop protection chemicals market encompasses a wide range of products and

In 2023, the global agrochemical market was estimated to be valued at around 82.85 billion U.S. dollars. Of this total value, crop protection accounted for nearly 75 billion U.S. dollars that year.

The North America Agricultural Chemical Packaging Market Report is Segmented by Material Type (Plastic, Paper and Paperboard, and More), Product Type (Bags and Pouches, Containers and Cans, and More), Application Type (Fertilizers, Pesticides, and More), Capacity Range (≤ 20 L, 21 – 200 L, > 200 L), and Geography (United States, Canada, and Mexico). The Market Forecasts are Provided in Terms of Value (USD).

The global crop protection chemicals market, valued at $136.15 billion in 2025, is projected to experience steady growth, driven by a compound annual growth rate (CAGR) of 3.21% from 2025 to 2033. This growth is fueled by several key factors. Increasing global population necessitates higher agricultural output, demanding greater reliance on crop protection chemicals to enhance yields and mitigate crop losses due to pests, diseases, and weeds. Furthermore, the rising prevalence of climate change impacts, including unpredictable weather patterns and the emergence of new pest and disease strains, intensifies the need for effective crop protection solutions. Technological advancements in the development of more targeted and sustainable crop protection chemicals, alongside government initiatives promoting agricultural productivity, are further bolstering market expansion. The market is segmented by application (cereals & grains, oilseeds & pulses, fruits & vegetables, turfs, and others), type (herbicides, insecticides, fungicides, rodenticides, and others), and geography, with North America, Europe, and Asia Pacific representing major market segments. Competition is intense, with numerous multinational and regional players vying for market share through product innovation, strategic partnerships, and mergers and acquisitions. However, the market also faces certain restraints. Growing concerns regarding the environmental impact of chemical pesticides, including their potential effects on biodiversity and human health, are driving stricter regulatory frameworks and consumer demand for more sustainable agricultural practices. The rising cost of raw materials and manufacturing, coupled with fluctuating commodity prices, can impact profitability and market growth. The development and adoption of biopesticides and other environmentally friendly alternatives pose a challenge to conventional chemical pesticide producers, necessitating adaptation and innovation to maintain competitiveness. Further complicating matters are geopolitical factors and trade policies, which can influence the availability and pricing of crop protection chemicals across different regions. Despite these challenges, the overall outlook for the crop protection chemicals market remains positive, driven by the fundamental need for food security and sustainable agricultural practices.

Irrigated Agriculture Chemicals Market Outlook

According to our latest research, the global irrigated agriculture chemicals market size reached USD 54.3 billion in 2024, driven by rising demand for crop yield enhancement and sustainable farming practices. The market is expected to grow at a CAGR of 5.8% from 2025 to 2033, with the total market size projected to reach USD 90.2 billion by 2033. This robust growth is attributed to increasing adoption of advanced irrigation methods, expanding global population, and the corresponding need for food security, which are collectively fueling the demand for efficient agrochemical solutions in irrigated agriculture.

One of the primary growth factors for the irrigated agriculture chemicals market is the intensification of agricultural activities to meet the food requirements of a rapidly growing global population. With arable land per capita decreasing and climate variability affecting traditional farming, farmers are increasingly turning to irrigation-supported agriculture to stabilize and boost yields. The use of fertilizers, pesticides, herbicides, and fungicides in conjunction with irrigation systems allows for precise application, improved nutrient uptake, and effective pest management, resulting in higher productivity. This trend is further encouraged by government initiatives promoting sustainable agriculture and by the introduction of precision farming technologies, which are optimizing the use of chemicals and water resources, thereby enhancing both crop quality and quantity.

Technological advancements are another significant driver shaping the irrigated agriculture chemicals market. The integration of smart irrigation systems with agriculture chemicals, such as fertigation and chemigation, has revolutionized how chemicals are delivered to crops. These systems enable the controlled and uniform distribution of agrochemicals directly to plant roots, reducing wastage and environmental impact while maximizing efficacy. Moreover, the development of eco-friendly and bio-based agrochemicals is gaining momentum, driven by increasing regulatory scrutiny and consumer demand for safer food products. Companies are investing heavily in research and development to create innovative formulations that are compatible with modern irrigation systems and comply with stringent environmental standards.

A further growth catalyst is the rising global awareness regarding the adverse impacts of improper chemical usage and water scarcity. As water resources become increasingly limited, the adoption of efficient irrigation methods such as drip and sprinkler systems is surging, particularly in regions facing acute water stress. These methods not only conserve water but also improve the efficiency of agrochemical application, enhancing returns on investment for farmers. The synergy between advanced irrigation and targeted chemical usage is being recognized as a sustainable solution to boost agricultural productivity while minimizing environmental footprint. This paradigm shift is expected to continue driving market growth over the forecast period.

Regionally, the Asia Pacific dominates the irrigated agriculture chemicals market, accounting for the largest share in 2024, followed by North America and Europe. The dominance of Asia Pacific is underpinned by large-scale irrigated farming in countries like China and India, where government policies and subsidies are fostering the adoption of modern irrigation and agrochemical technologies. North America and Europe are characterized by high technological adoption and stringent regulatory frameworks, pushing the market towards the development and use of environmentally friendly products. Meanwhile, Latin America and the Middle East & Africa are emerging as high-growth regions, driven by expanding irrigated acreage and increasing investments in agricultural infrastructure. This regional diversity underscores the global nature of the irrigated agriculture chemicals market and highlights the varying growth trajectories across different geographies.

Product Type Analysis

The product type segment of the irrigated agriculture chemicals market encompasses fertilizers, pesticides, herbicides, insecticides, fungicides, and others, each playing a distinct role in modern agricultural practices. Fertilizers remain the largest sub-segment, commanding a significant share of the market in 2024 due to their critical role in replenishing soil nutrients