Global Agrochemical Market: Size & Forecast with Impact Analysis of COVID-19 (2020-2024)
Scope of the Report
The report titled “Global Agrochemical Market: Size & Forecast with Impact Analysis of COVID-19 (2020-2024)”, provides an in-depth analysis of the global agrochemical market with description of market sizing and growth. The analysis includes market by value, by product, by application, by country consumption, and by region. Furthermore, the report also provides detailed product, application and regional analysis.
Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and would be driving the growth of the industry. Growth of the overall global agrochemical market has also been forecasted for the years 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The global agrochemical market is highly fragmented due to the presence of large number of medium and small players competing with each other. Some of the key players operating in the global agrochemical market, whose company profiling has been done in the report are Syngenta AG, Bayer AG, BASF SE, and Corteva Inc. In this segment of the report, business overview, financial overview and business strategies of the respective companies are provided.
Region Coverage
Agriculture chemicals commonly known as agrochemicals can be defined as substances that are used in agriculture to protect the crop from pests & insects and enhance crop yields. Agrochemicals are considered as an important component of the agriculture ecosystem. Agrochemicals not only provide protection to the crops but also enhance the nutritive value of the soil. These chemicals are extensively used by farmers to raise crop production in order to meet the increasing demand for food globally.
Agrochemicals are broadly categorized into two segments: fertilizers and pesticides. Pesticides are further classified into insecticides, fungicides, and herbicides. Furthermore, acidifying agents, soil conditioners, and chemicals used in animal husbandry such as antibiotics and hormones are also come under agrochemical category.
Fertilizers are chemical substances that contain essential nutrients required by plants such as nitrogen, potassium, and phosphorus. These chemicals are used to increase nutrition value of the soil. Pesticides are primarily used by farmers to protect the crops from pests and weeds.
The global agrochemical market has increased at a steady pace over the years and the market is further expected to propel at a progressively rate over the forecasted period i.e. 2020 to 2024. The market would propel owing to different growth drivers such as increasing global population, rising food security, shrinking arable land, growing agriculture industry etc.
However, the market faces some challenges which are hindering the growth of the market. Some of the major challenges faced by the industry are: adverse weather conditions, stringent regulations, and adverse impact on environment. Though, the growth of market would be further supported by various market trends like emergence of eco-friendly bio agrochemicals, consolidation among major players, development of insect control traits etc.
The report titled “Global Agrochemical Market: Size & Forecast with Impact Analysis of COVID-19 (2020-2024)”, provides an in-depth analysis of the global agrochemical market with description of market sizing and growth. The analysis includes market by value, by product, by application, by country consumption, and by region. Furthermore, the report also provides detailed product, application and regional analysis.
Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and would be driving the growth of the industry. Growth of the overall global agrochemical market has also been forecasted for the years 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The global agrochemical market is highly fragmented due to the presence of large number of medium and small players competing with each other. Some of the key players operating in the global agrochemical market, whose company profiling has been done in the report are Syngenta AG, Bayer AG, BASF SE, and Corteva Inc. In this segment of the report, business overview, financial overview and business strategies of the respective companies are provided.
Region Coverage
- US
- Europe
- China
- Japan
- India
- Syngenta AG
- Bayer AG
- BASF SE
- Corteva Inc.
Agriculture chemicals commonly known as agrochemicals can be defined as substances that are used in agriculture to protect the crop from pests & insects and enhance crop yields. Agrochemicals are considered as an important component of the agriculture ecosystem. Agrochemicals not only provide protection to the crops but also enhance the nutritive value of the soil. These chemicals are extensively used by farmers to raise crop production in order to meet the increasing demand for food globally.
Agrochemicals are broadly categorized into two segments: fertilizers and pesticides. Pesticides are further classified into insecticides, fungicides, and herbicides. Furthermore, acidifying agents, soil conditioners, and chemicals used in animal husbandry such as antibiotics and hormones are also come under agrochemical category.
Fertilizers are chemical substances that contain essential nutrients required by plants such as nitrogen, potassium, and phosphorus. These chemicals are used to increase nutrition value of the soil. Pesticides are primarily used by farmers to protect the crops from pests and weeds.
The global agrochemical market has increased at a steady pace over the years and the market is further expected to propel at a progressively rate over the forecasted period i.e. 2020 to 2024. The market would propel owing to different growth drivers such as increasing global population, rising food security, shrinking arable land, growing agriculture industry etc.
However, the market faces some challenges which are hindering the growth of the market. Some of the major challenges faced by the industry are: adverse weather conditions, stringent regulations, and adverse impact on environment. Though, the growth of market would be further supported by various market trends like emergence of eco-friendly bio agrochemicals, consolidation among major players, development of insect control traits etc.
1. EXECUTIVE SUMMARY
2. INTRODUCTION
2.1 Agrochemical: An Overview
2.1.1 Introduction
2.1.2 Rationale for Agrochemical Use
2.1.3 Agrochemical Advantages and Disadvantages
2.2 Agrochemical Segmentation
2.2.1 Agrochemical Segmentation on the Basis of Type
2.2.2 Agrochemical Segmentation on the Basis of Crop
3. GLOBAL MARKET ANALYSIS
3.1 Global Agrochemical Market: An Analysis
3.1.1 Global Agrochemical Market by Value
3.1.2 Global Agrochemical Market by Product (Fertilizers and Pesticides)
3.1.3 Global Agrochemical Market by Application (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses and Others)
3.1.4 Global Agrochemical Market by Region (Asia Pacific, North America, Europe, and ROW)
3.1.5 Global Agrochemical Market by Regional Consumption
3.1.6 Global Agrochemical Market Opportunity by Crops
3.2 Global Agrochemical Market: Product Analysis
3.2.1 Global Fertilizer Market by Value
3.2.2 Global Pesticide Market by Value
3.3 Global Agrochemical Market: Application Analysis
3.3.1 Global Cereals & Grains Agrochemical Market by Value
3.3.2 Global Fruits & Vegetables Agrochemical Market by Value
3.3.3 Global Oilseeds & Pulses Agrochemical Market by Value
4. REGIONAL MARKET ANALYSIS
4.1 Asia Pacific Agrochemical Market: An Analysis
4.1.1 Asia Pacific Agrochemical Market by Value
4.1.2 Asia Pacific Agrochemical Market by Country
4.1.3 China Agrochemical Market by Value
4.1.4 Japan Agrochemical Market by Value
4.1.5 India Agrochemical Market by Value
4.2 North America Agrochemical Market: An Analysis
4.2.1 North America Agrochemical Market by Value
4.2.2 North America Agrochemical Market by Country
4.2.3 The US Agrochemical Market by Value
4.3 Europe Agrochemical Market: An Analysis
4.3.1 Europe Agrochemical Market by Value
5. COVID-19
5.1 Impact of Covid-19
5.2 Impact on GDP
5.3 Regional Impact of COVID-19
6. MARKET DYNAMICS
6.1 Growth Drivers
6.1.1 Decline in Arable Land
6.1.2 Inclining Population and Food Security
6.1.3 Increasing Agricultural Production
6.1.4 Spike in Demand for Plant-based Proteins
6.2 Challenges
6.2.1 Adverse Weather Conditions
6.2.2 Strict Regulations
6.2.3 Rising Popularity of Pest-Resistant Crops
6.2.4 Adverse Impact on Environment
6.3 Market Trends
6.3.1 Emergence of Eco-Friendly Bio Agrochemicals
6.3.2 Research and Development
6.3.3 Development of Insect-Control Traits
6.3.4 Consolidation among Major Players
7. COMPETITIVE LANDSCAPE
7.1 Global Agrochemical Market by Players
7.2 Global Agrochemical Market Players by Sales
8. COMPANY PROFILES
8.1 Syngenta AG
8.1.1 Business Overview
8.1.2 Financial Overview
8.1.3 Business Strategy
8.2 Bayer AG
8.2.1 Business Overview
8.2.2 Financial Overview
8.2.3 Business Strategy
8.3 BASF SE
8.3.1 Business Overview
8.3.2 Financial Overview
8.3.3 Business Strategy
8.4 Corteva Inc.
8.4.1 Business Overview
8.4.2 Financial Overview
8.4.3 Business Strategy
2. INTRODUCTION
2.1 Agrochemical: An Overview
2.1.1 Introduction
2.1.2 Rationale for Agrochemical Use
2.1.3 Agrochemical Advantages and Disadvantages
2.2 Agrochemical Segmentation
2.2.1 Agrochemical Segmentation on the Basis of Type
2.2.2 Agrochemical Segmentation on the Basis of Crop
3. GLOBAL MARKET ANALYSIS
3.1 Global Agrochemical Market: An Analysis
3.1.1 Global Agrochemical Market by Value
3.1.2 Global Agrochemical Market by Product (Fertilizers and Pesticides)
3.1.3 Global Agrochemical Market by Application (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses and Others)
3.1.4 Global Agrochemical Market by Region (Asia Pacific, North America, Europe, and ROW)
3.1.5 Global Agrochemical Market by Regional Consumption
3.1.6 Global Agrochemical Market Opportunity by Crops
3.2 Global Agrochemical Market: Product Analysis
3.2.1 Global Fertilizer Market by Value
3.2.2 Global Pesticide Market by Value
3.3 Global Agrochemical Market: Application Analysis
3.3.1 Global Cereals & Grains Agrochemical Market by Value
3.3.2 Global Fruits & Vegetables Agrochemical Market by Value
3.3.3 Global Oilseeds & Pulses Agrochemical Market by Value
4. REGIONAL MARKET ANALYSIS
4.1 Asia Pacific Agrochemical Market: An Analysis
4.1.1 Asia Pacific Agrochemical Market by Value
4.1.2 Asia Pacific Agrochemical Market by Country
4.1.3 China Agrochemical Market by Value
4.1.4 Japan Agrochemical Market by Value
4.1.5 India Agrochemical Market by Value
4.2 North America Agrochemical Market: An Analysis
4.2.1 North America Agrochemical Market by Value
4.2.2 North America Agrochemical Market by Country
4.2.3 The US Agrochemical Market by Value
4.3 Europe Agrochemical Market: An Analysis
4.3.1 Europe Agrochemical Market by Value
5. COVID-19
5.1 Impact of Covid-19
5.2 Impact on GDP
5.3 Regional Impact of COVID-19
6. MARKET DYNAMICS
6.1 Growth Drivers
6.1.1 Decline in Arable Land
6.1.2 Inclining Population and Food Security
6.1.3 Increasing Agricultural Production
6.1.4 Spike in Demand for Plant-based Proteins
6.2 Challenges
6.2.1 Adverse Weather Conditions
6.2.2 Strict Regulations
6.2.3 Rising Popularity of Pest-Resistant Crops
6.2.4 Adverse Impact on Environment
6.3 Market Trends
6.3.1 Emergence of Eco-Friendly Bio Agrochemicals
6.3.2 Research and Development
6.3.3 Development of Insect-Control Traits
6.3.4 Consolidation among Major Players
7. COMPETITIVE LANDSCAPE
7.1 Global Agrochemical Market by Players
7.2 Global Agrochemical Market Players by Sales
8. COMPANY PROFILES
8.1 Syngenta AG
8.1.1 Business Overview
8.1.2 Financial Overview
8.1.3 Business Strategy
8.2 Bayer AG
8.2.1 Business Overview
8.2.2 Financial Overview
8.2.3 Business Strategy
8.3 BASF SE
8.3.1 Business Overview
8.3.2 Financial Overview
8.3.3 Business Strategy
8.4 Corteva Inc.
8.4.1 Business Overview
8.4.2 Financial Overview
8.4.3 Business Strategy
LIST OF FIGURES
Figure 1: Rationale for Agrochemical Use
Figure 2: Agrochemical Advantages and Disadvantages
Figure 3: Agrochemical Segmentation on the Basis of Type
Figure 4: Types of Pesticides and its Primary Uses
Figure 5: Agrochemical Segmentation on the Basis of Crop
Figure 6: Global Agrochemical Market by Value; 2015-2019 (US$ Billion)
Figure 7: Global Agrochemical Market by Value; 2020-2024E (US$ Billion)
Figure 8: Global Agrochemical Market by Product; 2019 (Percentage, %)
Figure 9: Global Agrochemical Market by Application; 2019 (Percentage, %)
Figure 10: Global Agrochemical Market by Region; 2019 (Percentage, %)
Figure 11: Global Agrochemical Market by Regional Consumption; (Per kg/Hectare); 2019
Figure 12: Global Fertilizer Market by Value; 2015-2019 (US$ Billion)
Figure 13: Global Fertilizer Market by Value; 2020-2024E (US$ Billion
Figure 14: Global Pesticide Market by Value; 2015-2019 (US$ Billion)
Figure 15: Global Pesticide Market by Value; 2020-2024E (US$ Billion)
Figure 16: Global Cereals & Grains Agrochemical Market by Value; 2016-2019 (US$ Billion)
Figure 17: Global Cereals & Grains Agrochemical Market by Value; 2020-2024E (US$ Billion)
Figure 18: Global Fruits & Vegetables Agrochemical Market by Value; 2016-2019 (US$ Billion)
Figure 19: Global Fruits & Vegetables Agrochemical Market by Value; 2020-2024E (US$ Billion)
Figure 20: Global Oilseeds & Pulses Agrochemical Market by Value; 2016-2019 (US$ Billion)
Figure 21: Global Oilseeds & Pulses Agrochemical Market by Value; 2020-2024E(US$ Billion)
Figure 22: Asia Pacific Agrochemical Market by Value; 2015-2019 (US$ Billion)
Figure 23: Asia Pacific Agrochemical Market by Value; 2020-2024E (US$ Billion)
Figure 24: Asia Pacific Agrochemical Market by Country; 2019 (Percentage, %)
Figure 25: China Agrochemical Market by Value; 2015-2019 (US$ Billion)
Figure 26: China Agrochemical Market by Value; 2020-2024E (US$ Billion)
Figure 27: Japan Agrochemical Market by Value; 2015-2019 (US$ Billion)
Figure 28: Japan Agrochemical Market by Value; 2020-2024E (US$ Billion)
Figure 29: India Agrochemical Market by Value; 2015-2019 (US$ Billion)
Figure 30: India Agrochemical Market by Value; 2020-2024E (US$ Billion)
Figure 31: North America Agrochemical Market by Value; 2015-2019 (US$ Billion)
Figure 32: North America Agrochemical Market by Value; 2020-2024E (US$ Billion)
Figure 33: North America Agrochemical Market by Country; 2019 (Percentage, %)
Figure 34: The US Agrochemical Market by Value; 2015-2019(US$ Billion)
Figure 35: The US Agrochemical Market by Value; 2020-2024E (US$ Billion)
Figure 36: Europe Agrochemical Market by Value; 2015-2019 (US$ Billion)
Figure 37: Europe Agrochemical Market by Value; 2020-2024E (US$ Billion)
Figure 38: Global GDP Growth Rate; 2017-2020 (Percentage, %)
Figure 39: Global Per capita Arable Land (Land/Hectare)
Figure 40: Global Population; 2000-2025E (Billon)
Figure 41: Global Agricultural Production; 2016-2020 (Billion Tonnes)
Figure 42: Global Demand for Plant-based Proteins; 2000-2030 (Million Tonnes)
Figure 43: Global Bio Pesticides Market by Value; 2017-2025E (US$ Billion)
Figure 44: Global Agrochemical Market by Players; 2019
Figure 45: Syngenta AG Net Sales; 2015-2019 (US$ Billion)
Figure 46: Syngenta Net Sales by Segments; 2019 (Percentage, %)
Figure 47: Syngenta AG Net Sales by Region; 2019 (Percentage, %)
Figure 48: Bayer AG Net Sales; 2015-2019 (US$ Billion)
Figure 49: Bayer AG Net Sales by Segments; 2019 (Percentage, %)
Figure 50: Bayer AG Net Sales by Geography; 2019
Figure 51: BASF SE Net Sales; 2015-2019 (US$ Billion)
Figure 52: BASF SE Net Sales by Segment; 2019 (Percentage, %)
Figure 53: BASF SE Net Sales by Geography; 2019 (Percentage, %)
Figure 54: Corteva Net Sales; 2015-2019 (US$ Billion)
Figure 55: Corteva Inc. Net Sales by Segments; 2019 (Percentage, %)
Figure 56: Corteva Inc. Net Sales by Region; 2019 (Percentage, %)
Table 1: Global Agrochemical Market Opportunity by Crops; 2020
Table 2: Sales of Top 10 Agrochemical Players; 2018
Table 3: List of Crop Protection Products
Figure 1: Rationale for Agrochemical Use
Figure 2: Agrochemical Advantages and Disadvantages
Figure 3: Agrochemical Segmentation on the Basis of Type
Figure 4: Types of Pesticides and its Primary Uses
Figure 5: Agrochemical Segmentation on the Basis of Crop
Figure 6: Global Agrochemical Market by Value; 2015-2019 (US$ Billion)
Figure 7: Global Agrochemical Market by Value; 2020-2024E (US$ Billion)
Figure 8: Global Agrochemical Market by Product; 2019 (Percentage, %)
Figure 9: Global Agrochemical Market by Application; 2019 (Percentage, %)
Figure 10: Global Agrochemical Market by Region; 2019 (Percentage, %)
Figure 11: Global Agrochemical Market by Regional Consumption; (Per kg/Hectare); 2019
Figure 12: Global Fertilizer Market by Value; 2015-2019 (US$ Billion)
Figure 13: Global Fertilizer Market by Value; 2020-2024E (US$ Billion
Figure 14: Global Pesticide Market by Value; 2015-2019 (US$ Billion)
Figure 15: Global Pesticide Market by Value; 2020-2024E (US$ Billion)
Figure 16: Global Cereals & Grains Agrochemical Market by Value; 2016-2019 (US$ Billion)
Figure 17: Global Cereals & Grains Agrochemical Market by Value; 2020-2024E (US$ Billion)
Figure 18: Global Fruits & Vegetables Agrochemical Market by Value; 2016-2019 (US$ Billion)
Figure 19: Global Fruits & Vegetables Agrochemical Market by Value; 2020-2024E (US$ Billion)
Figure 20: Global Oilseeds & Pulses Agrochemical Market by Value; 2016-2019 (US$ Billion)
Figure 21: Global Oilseeds & Pulses Agrochemical Market by Value; 2020-2024E(US$ Billion)
Figure 22: Asia Pacific Agrochemical Market by Value; 2015-2019 (US$ Billion)
Figure 23: Asia Pacific Agrochemical Market by Value; 2020-2024E (US$ Billion)
Figure 24: Asia Pacific Agrochemical Market by Country; 2019 (Percentage, %)
Figure 25: China Agrochemical Market by Value; 2015-2019 (US$ Billion)
Figure 26: China Agrochemical Market by Value; 2020-2024E (US$ Billion)
Figure 27: Japan Agrochemical Market by Value; 2015-2019 (US$ Billion)
Figure 28: Japan Agrochemical Market by Value; 2020-2024E (US$ Billion)
Figure 29: India Agrochemical Market by Value; 2015-2019 (US$ Billion)
Figure 30: India Agrochemical Market by Value; 2020-2024E (US$ Billion)
Figure 31: North America Agrochemical Market by Value; 2015-2019 (US$ Billion)
Figure 32: North America Agrochemical Market by Value; 2020-2024E (US$ Billion)
Figure 33: North America Agrochemical Market by Country; 2019 (Percentage, %)
Figure 34: The US Agrochemical Market by Value; 2015-2019(US$ Billion)
Figure 35: The US Agrochemical Market by Value; 2020-2024E (US$ Billion)
Figure 36: Europe Agrochemical Market by Value; 2015-2019 (US$ Billion)
Figure 37: Europe Agrochemical Market by Value; 2020-2024E (US$ Billion)
Figure 38: Global GDP Growth Rate; 2017-2020 (Percentage, %)
Figure 39: Global Per capita Arable Land (Land/Hectare)
Figure 40: Global Population; 2000-2025E (Billon)
Figure 41: Global Agricultural Production; 2016-2020 (Billion Tonnes)
Figure 42: Global Demand for Plant-based Proteins; 2000-2030 (Million Tonnes)
Figure 43: Global Bio Pesticides Market by Value; 2017-2025E (US$ Billion)
Figure 44: Global Agrochemical Market by Players; 2019
Figure 45: Syngenta AG Net Sales; 2015-2019 (US$ Billion)
Figure 46: Syngenta Net Sales by Segments; 2019 (Percentage, %)
Figure 47: Syngenta AG Net Sales by Region; 2019 (Percentage, %)
Figure 48: Bayer AG Net Sales; 2015-2019 (US$ Billion)
Figure 49: Bayer AG Net Sales by Segments; 2019 (Percentage, %)
Figure 50: Bayer AG Net Sales by Geography; 2019
Figure 51: BASF SE Net Sales; 2015-2019 (US$ Billion)
Figure 52: BASF SE Net Sales by Segment; 2019 (Percentage, %)
Figure 53: BASF SE Net Sales by Geography; 2019 (Percentage, %)
Figure 54: Corteva Net Sales; 2015-2019 (US$ Billion)
Figure 55: Corteva Inc. Net Sales by Segments; 2019 (Percentage, %)
Figure 56: Corteva Inc. Net Sales by Region; 2019 (Percentage, %)
Table 1: Global Agrochemical Market Opportunity by Crops; 2020
Table 2: Sales of Top 10 Agrochemical Players; 2018
Table 3: List of Crop Protection Products
