The Agrochemicals Market Report is Segmented by Product Type (Fertilizers, Pesticides, Adjuvants, and Plant Growth Regulators), by Application (Crop-Based and Non-Crop-Based), and by Geography (North America, Europe, Asia-Pacific, South America, Middle East, and Africa). The Market Forecasts are Provided in Terms of Value (USD).

The global agrochemicals market size was USD 223.03 billion in 2024 & is projected to grow from USD 230.61 billion in 2025 to USD 301.34 billion by 2033.
Report Scope:

The North America Agrochemical Market Report is Segmented by Type (Fertilizers, Pesticides, Adjuvants, and Plant Growth Regulators), by Application (Grains and Cereals, Pulses and Oilseeds, Fruits and Vegetables, Turfs and Ornamentals, and Other Applications), and by Geography (United States, Canada, Mexico, and Rest of North America). The Market Forecasts are Provided in Terms of Value (USD).

The India Agrochemical Industry Report is Segmented by Product Type (Fertilizers, Pesticides, Adjuvants, Plant Growth Regulators), Application (Cereals and Grains, Pulses and Oilseeds, Fruits and Vegetables, Commercial Crops). The Market Forecasts are Provided in Terms of Value (USD).

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.

Agrochemicals market size is slated to reach USD 305.01 Bn by 2030, due to consequent rise in food demand and changing climate patterns.

India agrochemicals market value reached around USD 3.23 Billion in 2024. This growth is driven by several factors, including the increasing food demand due to a rising population expected to hit 1.5 billion by 2030, which necessitates enhanced agricultural productivity. Government support through favourable policies and subsidies further propels the market, while technological advancements in agrochemical formulations and precision farming techniques improve application efficiency and crop yields. The industry is expected to grow at a CAGR of 4.10% during the forecast period of 2025-2034 to attain a value of USD 4.83 Billion by 2034. India's status as a net exporter of agrochemicals is strengthened by rising global demand for herbicides and fungicides, creating potential for sustained growth in the agrochemicals sector.

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.

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Agrochemicals Market Size 2025-2029

The agrochemicals market size is valued to increase USD 42.5 billion, at a CAGR of 2.7% from 2024 to 2029. Increasing use of herbicides will drive the agrochemicals market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 44% growth during the forecast period.
By Product - Fertilizers segment was valued at USD 188.40 billion in 2023
By Application - Cereals and grains segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 28.97 billion
Market Future Opportunities: USD 42.50 billion
CAGR : 2.7%
APAC: Largest market in 2023

Market Summary

The market encompasses a dynamic and continually evolving landscape, driven by advancements in core technologies and applications. Herbicides hold a significant market share, with over 60% of the total agrochemicals consumption, owing to their effectiveness in controlling weeds and enhancing crop yield. The market encompasses a wide range of products, including fertilizers, soil amendments, and crop protection chemicals, that cater to the diverse needs of modern agriculture. However, the implementation of Integrated Pest Management (IPM) as a new method of crop protection poses a challenge, as it encourages the reduction of agrochemical usage. The market also faces competition from alternative methods, such as organic farming and genetically modified organisms (GMOs).
Despite these challenges, opportunities abound, including the increasing demand for sustainable agriculture and the development of eco-friendly agrochemicals. The regulatory landscape is another critical factor, with stringent regulations governing the production, distribution, and usage of agrochemicals to ensure safety and environmental sustainability.

What will be the Size of the Agrochemicals Market during the forecast period?

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How is the Agrochemicals Market Segmented and what are the key trends of market segmentation?

The agrochemicals industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Fertilizers
  Pesticides


Application

  Cereals and grains
  Oilseeds and pulses
  Fruits and vegetables


Distribution Channel

  Distributors and retailers
  Direct sales
  Online sales


Geography

  North America

    US
    Canada


  Europe

    Germany


  Middle East and Africa

    South Africa


  APAC

    Australia
    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Product Insights

The fertilizers segment is estimated to witness significant growth during the forecast period.

In the dynamic and evolving the market, nutrient uptake efficiency plays a pivotal role in optimizing crop productivity. Fungicide application timing and precision are crucial for effective weed management. Phosphorus availability and disease resistance mechanisms are essential for enhancing crop resilience. Microbial inoculants and sustainable agriculture practices contribute significantly to improving soil health indicators, such as organic matter content and humic acid fertilizers. The market for agrochemicals is experiencing notable growth, with fertilizer application methods, such as precision agriculture tools and nitrogen fixation rates, gaining traction. The adoption of integrated pest management strategies, including crop stress tolerance and pest control efficacy, is on the rise.

Biomass production and grain filling duration are key yield improvement metrics, while potassium uptake and root development enhancers are essential for maintaining optimal crop health. Moreover, the market for agrochemicals is expected to expand further, with biopesticide formulations and crop growth regulators poised to revolutionize farming practices. The market's focus on minimizing environmental impact assessment and improving crop quality attributes, such as leaf area index and plant hormone modulation, is a significant trend. According to recent studies, the use of nitrogenous fertilizers, such as urea, ammonia, and ammonium nitrate, in cereals and grains production has increased by 15%.

Furthermore, the adoption of precision agriculture tools for fertilizer application is projected to grow by 20% in the next five years. Phosphatic and potassic fertilizers are also expected to witness substantial growth due to their role in enhancing crop productivity. The market for agrochemicals is a vital sector, with various applications across cereals and grains, fruits, vegetables, and oilseeds. The ongoing unfolding of market activities and evolving patterns underscore the importance of staying

Global Agrochemicals Market size valued at US$ 254.69 Billion in 2023, set to reach US$ 359.37 Billion by 2032 at a CAGR of about 3.9% from 2024 to 2032.

The Indonesia Agrochemicals Market Report is Segmented by Type (Fertilizers, Pesticides, Adjuvants, Plant Growth Regulators), Application (Cereals and Grains, Pulses and Oilseeds, Fruits and Vegetables, Commercial Crops). The Market Forecasts are Provided in Terms of Value (USD).

Agricultural chemicals (also known as agrochemicals) include a variety of products that enhance crop yields. This includes chemical fertilizers, crop protection chemicals such as pesticides, and plant growth regulators. It is forecast that the U.S. agrochemical market will have a revenue of nearly ** billion U.S. dollars in 2025.

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Agrochemicals Market in India Size 2025-2029

The agrochemicals market in India size is forecast to increase by USD 16.84 billion, at a CAGR of 11.8% between 2024 and 2029.

The market is witnessing significant growth, driven by the increasing adoption of herbicides in Indian agriculture. The implementation of Integrated Pest Management (IPM) as a new method of crop protection is a key trend propelling market expansion. This approach, which combines various techniques for managing pests, is gaining popularity due to its sustainability and effectiveness in reducing the reliance on synthetic agrochemicals. However, the market faces challenges, primarily in the form of the growing demand for organic farming. Organic and smart farming, which relies on natural methods for pest control and fertilization, is becoming a viable substitute for conventional farming practices. This shift towards organic farming could potentially impact the demand for agrochemicals in the long run. Companies operating in the Indian Agrochemicals Market must adapt to these market dynamics by focusing on developing sustainable agrochemical solutions and exploring opportunities in the organic farming sector. This strategic approach will enable them to capitalize on the growing demand for eco-friendly farming practices while maintaining their competitive edge.

What will be the Size of the Agrochemicals Market in India during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, driven by the need for effective crop protection and productivity enhancement in the agricultural sector. Fungicide application remains a significant segment, with ongoing product registration ensuring the availability of efficient and safe solutions. Pesticide efficacy and soil health improvement are key concerns, leading to the adoption of slow-release fertilizers and organic farming methods. Insecticide toxicity and herbicide resistance pose challenges, necessitating the development of new formulations and application agricultural equipment. Integrated pest management and precision agriculture technology are gaining traction, enabling data-driven decision making regenerative and sustainable agriculture practices. Quality control measures and regulatory compliance are essential to mitigate agrochemical residue and soil contamination levels.

Industry growth is expected to remain robust, with a projected increase of over 10% annually. For instance, the use of fungicides in rice cultivation has seen a significant rise, contributing to a 15% increase in crop yield enhancement. Distribution network efficiency and supply chain management are critical to ensuring the availability of agrochemicals to farmers, particularly in remote areas. However, agricultural input costs and environmental impact assessment are becoming increasingly important considerations. Water use optimization and disease incidence reduction are key focus areas, with formulation stability and nutrient uptake efficiency also playing significant roles in enhancing crop protection strategies. Risk assessment protocols and regulatory compliance are crucial to ensuring the safety and sustainability of agrochemical use.

How is this Agrochemicals in India Industry segmented?

The agrochemicals in India industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

Grains and cereals Pulses and oilseeds Fruits and vegetables

Product

Fertilizers Pesticides

Type

Potassic Nitrogenous Phosphatic

Form

Liquid Granular Powder

Distribution Channel

Direct Sales Distributors Online Retail

Geography

APAC

India

By Application Insights

The grains and cereals segment is estimated to witness significant growth during the forecast period.

Agrochemicals play a crucial role in India's agricultural sector, particularly in the application areas of fungicides, organic pesticides, and fertilizers. Fungicide use is essential for crop protection against various diseases, while product registration ensures safety and efficacy. Pesticides, including insecticides and herbicides, help manage pests and weeds, improving crop yield and reducing damage. Soil health nd conditioner is a significant concern, leading to the increasing adoption of slow-release fertilizers and organic farming methods. Integrated pest management practices and precision agriculture technology enable data-driven decision making, minimizing agrochemical usage and optimizing water use. The demand for agrochemicals is driven by the consumption of grains and cereals, pulses, oil seeds, fruits, and vegetables.

The Indian market for agrochemicals is expected to grow

The global Agrochemicals Market size is expected to reach USD 509.72 Billion in 2032 registering a CAGR of 4.7%. Our report provides a comprehensive overview of the industry, including key players, market share, growth opportunities and more.

Agrochemicals Market reached USD 244.2 billion in 2024 and is estimated to reach USD 321.6 billion in 2032 and expanding at a robust CAGR of 3.5% till 2032

Agrochemicals Market valued at USD 91.66 Bn in 2025, is anticipated to reaching USD 139.65 Bn in 2032, with a steady annual growth rate of 6.2%.

India Agrochemicals Market size is valued at around USD 8.22 billion in 2025 and is expected to reach USD 11.76 billion by 2030 at 7.43% CAGR during 2026-30.

The Mexico Agrochemicals Market Report is Segmented by Type (Fertilizers, Pesticides, and More), Application (Grains and Cereals, Pulses and Oilseeds, and More), Formulation (Solid and Liquid). The Market Forecasts are Provided in Terms of Value (USD).

The Sustainable Agrochemicals Market is expected to grow from USD 2.2 Bn in 2024 to USD 3.69 Bn by 2030, at a CAGR of 9.01% during 2025–2030.

According to Cognitive Market Research, the global Agrochemicals Market size will be USD 236924.8 million in 2025. It will expand at a compound annual growth rate (CAGR) of 4.60% from 2025 to 2033.

North America held the major market share for more than 37% of the global revenue with a market size of USD 87662.18 million in 2025 and will grow at a compound annual growth rate (CAGR) of 2.4% from 2025 to 2033.
Europe accounted for a market share of over 29% of the global revenue with a market size of USD 68708.19 million.
APAC held a market share of around 24% of the global revenue with a market size of USD 56861.95 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.6% from 2025 to 2033.
South America has a market share of more than 3.8% of the global revenue with a market size of USD 9003.14 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.6% from 2025 to 2033.
Middle East had a market share of around 4.00% of the global revenue and was estimated at a market size of USD 9476.99 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2025 to 2033.
Africa had a market share of around 2.20% of the global revenue and was estimated at a market size of USD 5212.35 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.3% from 2025 to 2033.
Fungicides category is the fastest growing segment of the Agrochemicals industry.

Market Dynamics of Agrochemicals Market

Key Drivers for Agrochemicals Market

Increasing use of agrochemicals in precision agriculture to Boost Market Growth

Farmers can monitor the nutritional requirements of crops with the aid of the following precision agriculture tools: Soil sensors, variable rate prescriptions, yield maps, decision support software, multispectral imaging, soil mapping, auto-guidance systems, foliage colour charts, and the 4Rs—right source, right rate, right time, and right place. Additionally, precision farming uses AI, sensor systems, and data analytics to determine how much water and fertiliser plants need at any given time. Autonomous trucks are used to provide nutrients to plants in specific places and amounts. Application of fertiliser is essential to increasing soil productivity. But overfertilization can have a severe effect on the health of the soil. Inscientists at Imperial College London developed a new predictive testing kit that enables farmers determine the current and potential future levels of nitrate and ammonia in soil based on climate. This can assist in adjusting fertiliser to suit specific crop and soil requirements.

Increasing agricultural output to Boosts the Need for Advanced Agrochemicals to Boost Market Growth

The government's efforts have played a major role in increasing demand in the global agrochemicals industry. Farmers are expected to contribute to the government's efforts in exchange for financial assistance in the form of subsidies and tax breaks. Countries that rely significantly on agriculture for their means of subsistence are the ones that have the highest need for enhanced fertilizers. Under these conditions, it is projected that the overall revenue volume generated by the worldwide agrochemicals market will expand. Agrochemicals are frequently used in the production of cash crops, which has helped to fuel the growth of the agrochemical market in the next years.

Restraint Factor for the Agrochemicals Market

Increasing regulatory hurdles of Agrochemicals, Will Limit Market Growth

High entry barriers into the agrochemicals sector are caused by regulatory restrictions, which also drive up the price of creating new goods. Every new agrochemical product must have a comprehensive environmental, health, and safety profile created for it and be subject to that profile in terms of efficacy and safety due to extremely strict regulatory regimes. These rules make guarantee that only high-quality products are distributed, but they also lengthen the approval process. All things considered, this is a drawn-out and intricate procedure that postpones the release of novel goods and raises expenses for producers who have to carry out research, testing, and compliance duties. Introduction of the Agrochemicals Market

The production, distribution, and use of chemical products to support agricultural activities is known as the agrochemicals market. Agrochemicals include fertilizers, pesticides, herbicide...