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).

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.

The U.S. Agrochemics market will grow at a CAGR of 3.2% and is anticipated to reach USD 46.07 Billion by 2032

In US Agrochemicals Market is projected to grow from USD 255 billion in 2025 to USD 338 billion by 2031, registering a CAGR of 4.7%

The South America Agrochemicals Market Report is Segmented by Product Type (Fertilizers, Pesticides, and More), by Application (Crop-Based and Non-Crop-Based), and Geography (Brazil, Argentina, and Rest of South America). The Market Forecasts are Provided in Terms of Value (USD).

The U.S. Agrochemicals Market, valued at $34.03 billion, exhibits a promising growth trajectory with a CAGR of 1.9%. This growth is attributed to several key factors, including the increasing use of hybrid seeds, supportive government initiatives, escalating food security concerns, and continuous technological advancements. Hybrid seeds offer enhanced yield, disease resistance, and adaptability, leading to their widespread adoption by farmers. Furthermore, government initiatives aimed at promoting sustainable farming practices and increasing agricultural productivity contribute to market expansion. The market caters to diverse applications, including cereals and grains, oilseeds and pulses, and fruits and vegetables. Recent developments include: In June 2023, Bayer's Crop Science Innovation Summit showcased the journey toward regenerative agriculture. , According to Bloomberg, as of October 2023, FMC ranked first in the agricultural chemicals industry for performance on material ESG issues , In February 2021, Bayer has launched a multi-faceted insecticide called Vayego 200SC, which works against caterpillars and addresses the diverse protectional needs of modern farmers. , FMC Corporation, renewed its multi-year contracts with Corteva Agriscience in December 2021. The agreements ensure the continued provision of Rynaxypyr and Cyazypyr actives for Corteva's seed treatment products, extending the ongoing worldwide partnership between the two firms. , In June 2021, FMC Corporation obtained registration from the U.S. Environmental Protection Agency (EPA) for Fluindapyr, a new broad-spectrum succinate dehydrogenase inhibitor (SDHI) fungicide. .

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.

The report covers US Agricultural Pesticides Nematicides Market, Size, Shares, Growth Analysis.

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).

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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

The North America agrochemicals market is experiencing robust growth, projected to reach $37.91 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 4.10% from 2025 to 2033. This expansion is driven by several key factors. Increasing global food demand, coupled with a growing population and changing dietary habits, necessitates higher crop yields. This fuels the demand for advanced agrochemicals, including herbicides, insecticides, fungicides, and fertilizers, to enhance crop productivity and protect against pests and diseases. Furthermore, technological advancements in agrochemical formulation and application methods contribute to market growth. Precision agriculture techniques, such as drone-based spraying and targeted application, optimize chemical usage, minimizing environmental impact and improving efficiency. Favorable government regulations and initiatives supporting sustainable agricultural practices also play a significant role. However, challenges such as stringent environmental regulations, concerns regarding the potential negative impacts of agrochemicals on human health and the ecosystem, and increasing focus on bio-pesticides and organic farming methods act as restraints on market expansion. Major players like FMC Corporation, Bayer Cropscience AG, and Syngenta AG are strategically investing in research and development to introduce innovative and sustainable agrochemical solutions, further shaping the market landscape. The competitive landscape is characterized by the presence of both large multinational corporations and smaller specialized companies. These companies are actively engaged in mergers and acquisitions, strategic partnerships, and the development of novel products to gain a competitive edge. Future growth will depend on adapting to evolving consumer preferences, strengthening sustainability initiatives, and effectively managing the regulatory environment. The market segmentation within North America will likely see continued growth in high-value crops like fruits and vegetables, demanding more sophisticated and specialized agrochemical solutions. This will create opportunities for companies offering tailored products and services focused on specific crop needs and regional challenges. The market’s growth trajectory signifies a promising outlook for companies operating within the North American agrochemicals sector, but navigating the challenges associated with sustainability and regulatory compliance will be critical for long-term success. Key drivers for this market are: Increasing Legalization of Cannabis, Growing Focus on Health Benefits of Cannabis. Potential restraints include: Lack of Data on Dosages and Results, Lack of Access to Financial Assistance. Notable trends are: Rapid Adoption of Bio-based Agrochemicals.

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.

In US Agrochemicals Market, Bayer has announced intentions to deploy seven new insecticides in the next three years.

Agrochemicals Market size is expected to be worth around USD 289.9 Billion by 2034, from USD 183.3 Billion in 2024, at a CAGR of 4.8%

The North America Agrochemicals Market size was valued at USD 37.91 Million in 2023 and is projected to reach USD 50.22 Million by 2032, exhibiting a CAGR of 4.10 % during the forecasts periods. The North America agrochemicals market is expanding rapidly, driven by the adoption of hybrid seeds, government incentives, increasing food security concerns, and technological breakthroughs. Hybrid seeds provide superior yields, disease resistance, and environmental adaptability. Government programs support sustainable agricultural practices, including agrochemical use, to enhance productivity. Growing population and increasing demand for food have raised concerns about food security, fueling demand for agrochemicals to boost crop output. Technological advancements, such as precision agriculture and data analytics, optimize agrochemical usage, minimizing environmental impact and increasing efficiency. Major players in the hybrid seeds market include Bayer Cropscience, Syngenta, and Corteva Agriscience. Key drivers for this market are: Increasing Legalization of Cannabis, Growing Focus on Health Benefits of Cannabis. Potential restraints include: Lack of Data on Dosages and Results, Lack of Access to Financial Assistance. Notable trends are: Rapid Adoption of Bio-based Agrochemicals.

North America Agrochemicals Market size was valued at USD 25.00 Billion in 2024 and is projected to reach USD 36.94 Billion by 2032, growing at a CAGR of 5% from 2026 to 2032.

Key Market Drivers: Increasing Demand for Food Production: The North America agrochemicals market is rising food demand, which is being driven by population increase and changing dietary trends. The United Nations Food and Agriculture Organization (FAO) predicts that global food demand will increase by 70% by 2050 as the world’s population grows. Farmers in North America are resorting to agrochemicals like fertilizers and insecticides to increase crop yields and satisfy rising food demand, particularly for main commodities such as corn, wheat, and soybeans.

North America agrochemicals market valued at USD 38 billion, driven by food demand, precision agriculture, and sustainable practices, with growth in fertilizers and pesticides segments.

The US Crop Protection Chemicals Market report segments the industry into Function (Fungicide, Herbicide, Insecticide, Molluscicide, Nematicide), Application Mode (Chemigation, Foliar, Fumigation, Seed Treatment, Soil Treatment), and Crop Type (Commercial Crops, Fruits & Vegetables, Grains & Cereals, Pulses & Oilseeds, Turf & Ornamental). Get five years of historical data alongside five-year market forecasts.

The statistic shows the estimated value of the agrochemicals market in Latin America in 2018 and 2023. In 2018, the value was estimated at ***** billion U.S. dollars and it is expected to rise to ***** billion U.S. dollars by 2023.

The global agrochemicals market, valued at $266.26 billion in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 4.9% from 2025 to 2033. This expansion is fueled by several key factors. Increasing global population necessitates higher agricultural yields, driving demand for fertilizers, crop protection chemicals, and plant growth regulators to enhance crop productivity and combat pest infestations. Furthermore, changing climate patterns and the growing prevalence of crop diseases are creating a need for more sophisticated and effective agrochemical solutions. The market is segmented by type (fertilizers, crop protection chemicals, plant growth regulators, and others) and application (cereals & grains, oilseeds & pulses, fruits & vegetables, and others), offering diverse opportunities for growth within specific niches. The leading players, including Syngenta, Bayer AG, BASF, and Corteva, are actively investing in research and development to introduce innovative products, expand their market reach, and cater to the evolving needs of farmers worldwide. This competitive landscape is further characterized by mergers, acquisitions, and strategic partnerships aimed at strengthening market positions and expanding product portfolios.
Despite the positive outlook, challenges remain. Stringent environmental regulations concerning the use of agrochemicals are increasingly impacting market growth. Concerns about the potential negative impacts on human health and the environment necessitate the development and adoption of sustainable and eco-friendly alternatives. Fluctuations in raw material prices and geopolitical instability also pose risks to market stability. However, the long-term prospects for the agrochemicals market remain positive, driven by the continuous need to enhance food security and address the challenges associated with sustainable agriculture. The market's future success hinges on the ability of industry players to adapt to regulatory changes, invest in sustainable solutions, and address the evolving needs of a growing global population.