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Global Agrochemicals Market - By Type, Application and Geography - Market Share, Trends and Forecasts (2017 - 2022)

Global Agrochemicals Market - By Type, Application and Geography - Market Share, Trends and Forecasts (2017 - 2022)

Market Insights

The global agrochemicals market is estimated to grow at a CAGR of 3.7% during the forecast period of 2016-2021 and is projected to reach a market size of USD 260.1 billion by the year 2021.

Agrochemicals widely involve fertilizers, pesticides, hormones, and plant growth regulators (PGR) that enable plant and soil protection, improve the yield, maintain and improve the growth process of plants. Given the large operational area and the never ending need of agrochemical industry, many market players, and companies have entered this industry, which is concentrated within six major manufacturers covering 70-75% of market share; Bayer AG is the largest agrochemical producer in the world. Some of the key players include Yara International ASA, BASF, Bayer Crop Science, Makhteshim Agan Industries Ltd, Dow Agro Sciences, Monsanto, Syngenta, Agrium, etc. The key strategies followed by companies in the agrochemicals market include new product registrations and mergers and acquisitions to enter new markets.

Market Dynamics

In 2015, the total revenue of global agrochemicals industry was recorded at USD 212.7 billion. One of the main reasons for the growth in consumption is the increased pressure on dwindling farmlands, as a result of growing population and urbanization. The ambitious project of global food security is expected to generate a steady demand for the chemicals. The market is also expected to foresee innovations in improving the product performance and reducing production cost and also that of the final product. While the benefits of agrochemicals are commendable, and people are becoming aware of them, the toxicity of synthetic products acts as a major challenge for the industry.

Market Segmentation

The agrochemicals market is segmented by product, crop type, and geography. In the product segment, nitrogenous fertilizers form the largest share of the fertilizer market. The increased awareness among the farming community, need for high global production combined with the economic growth in countries, are helping in more fertilizer applications in the field. The demand for pesticides is growing at a high rate, given the increased occurrence of various pests and diseases. Pesticides market is currently lead by herbicides products (covering 41.5%), followed by fungicides and insecticides. Further, the market is segmented by crop and non-crop; grains and cereals tend to consume most of the agrochemical products, followed by oilseed crops. Plant growth regulators provide a more natural way of managing and enhancing the growth process of agricultural plants. The increasing popularity of GM crops and the high regulatory constraints regarding the usage of agrochemicals act as major constraints for the industry.

China, France, Germany, India, Japan, and the US represent the largest agrochemicals markets. Markets in Western Europe and North America are the established consumption points for agrochemicals and are expected to show below average growth, due to market maturity and regulatory constraints. Currently, China is leading the market with its developing agricultural sector, along with the need for its ever-growing population. Globally, China is not only the largest producer but also the largest consumer of fertilizers. South America, particularly Brazil, is the world leader in pesticide consumption. Africa also registers a good potential in the agrochemicals market.

Major companies in the sector include:

Bayer Crop Science

BASF

Agrium

CF Industries Holdings

Potash Corporation of Saskatchewan

The Mosaic Company

Yara International

Bunge (BG)

Monsanto Company

E.I. Du Pont De Nemours & Company

Dow AgroSciences LLC

Syngenta AG.

Sumitomo Chemical

Adama Agricultural Solutions

Converted Organics

Intrepid Potash

Indian Farmers Fertilizer Cooperative

Nufarm Ltd.

Israel Chemicals Ltd.

Haifa Group

Sociedad Quimica Y Minera De Chile Sa

Recent Industry Insights

“In September 2016, Bayer and Monsanto declared their agreement on merger to create global agrochemical leader.”

Key Deliverables in the Study

Market analysis for the global agrochemicals market with competition analysis.

Market overview and identification and analysis of the macro and micro factors that affect the global agrochemicals market.

Extensively researched competitive landscape section with profiles of major companies and their market share, along with an analysis of their current strategic interests and financial information and strategies adopted by them to sustain and grow in the studied market.

The report holds importance for the following stakeholders-

Producers and manufacturers

Agricultural input companies

Enterprises operating in the industry

Traders and stakeholders operating in the sector

Investors/research institutions interested in the market

Customization Options:

Supply chain analysis

Regulatory framework

Trade analysis

Trend analysis


1. INTRODUCTION
1.1 Research Methodology
1.2 Definition of the Market
1.3 Assumptions
2. KEY FINDINGS OF THE STUDY
3. MARKET OVERVIEW
4. MARKET DYNAMICS
4.1 Drivers
4.1.1 Food Safety and Security Issue
4.1.2 Need for Increased Land Productivity
4.1.3 Soil Health Improvement
4.2 Constraints
4.2.1 Environmental and Regulatory Constraints
4.2.2 Popularity of Natural and Eco-Friendly Alternatives
4.2.3 Conflict on the Use of GM Crops
4.3 Opportunities
4.3.1 Development of Safe Products
4.3.2 Integrated Farming Practices
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Fertilizers Market
5.1.1.1 Nitrogenous
 5.1.1.1.1 Urea
 5.1.1.1.2 Calcium Ammonium Nitrate (CAN)
 5.1.1.1.3 Ammonium Nitrate
 5.1.1.1.4 Ammonium Sulfate
 5.1.1.1.5 Ammonia
 5.1.1.1.6 Other Nitrogenous Fertilizers
5.1.1.2 Phosphate
 5.1.1.2.1 Mono-Ammonium Phosphate (MAP)
 5.1.1.2.2 Di-Ammonium Phosphate (DAP)
 5.1.1.2.3 Triple Superphosphate (TSP)
 5.1.1.2.4 Other Phosphatic Fertilizers
5.1.1.3 Potassic
5.1.1.4 Micronutrient-Based Fertilizers
5.1.2 Pesticides Market
5.1.2.1 By Type
 5.1.2.1.1 Herbicides
 5.1.2.1.1.1 Synthetic Herbicides
 5.1.2.1.1.2 Bio Herbicides
 5.1.2.1.2 Insecticides
 5.1.2.1.2.1 Synthetic Insecticides
 5.1.2.1.2.2 Bio Insecticides
 5.1.2.1.3 Fungicides
 5.1.2.1.3.1 Synthetic Fungicides
 5.1.2.1.3.2 Bio Fungicides
 5.1.2.1.4 Others
 5.1.2.1.4.1 Synthetic Other Crop Protection Chemicals
 5.1.2.1.4.2 Bio-Based Other Crop Protection Chemicals
5.1.3 Adjuvants Market
5.1.3.1 Activator Adjuvants
 5.1.3.1.1 Surfactants
 5.1.3.1.2 Oil Adjuvants
5.1.3.2 Utility Adjuvants
5.1.4 Plant Growth Regulators Market
5.1.4.1 Cytokinins
5.1.4.2 Auxins
5.1.4.3 Others (Mepiquate Chloride, Gibberellins, etc.)
5.2 By Application
5.2.1 Crop-Based
5.2.1.1 Grains & Cereals
5.2.1.2 Oil Seeds
5.2.1.3 Fruits & Vegetables
5.2.2 Non-Crop-Based
5.2.2.1 Turf & Ornamental Grass
5.2.2.2 Others
5.3 Market Segmentation by Geography
5.3.1 North America
5.3.1.1 U.S.
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Others
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 U.K.
5.3.2.3 France
5.3.2.4 Spain
5.3.2.5 Italy
5.3.2.6 Others
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 Others
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Other
5.3.5 Africa
5.3.5.1 Egypt
5.3.5.2 South Africa
5.3.5.3 Others
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Most Active Companies in The Past Five Years
6.3 Market Share Analysis
7. COMPANY PROFILE
7. Bayer Crop Science
7.1 BASF
7.2 Agrium
7.3 CF Industries Holdings
8. Potash Corporation of Saskatchewan
8.1 The Mosaic Company
8.2 Yara International
8.3 Bunge (BG)
8.4 Monsanto Company
8.5 E.I. Du Pont De Nemours & Company
8.6 Dow AgroSciences LLC
8.7 Syngenta AG.
8.8 Sumitomo Chemical
8.9 Adama Agricultural Solutions
8.10 Converted Organics
8.11 Intrepid Potash
8.12 Indian Farmers Fertilizer Cooperative
8.13 Nufarm Ltd.
8.14 Israel Chemicals Ltd.
8.15 Haifa Group
8.16 Sociedad Quimica Y Minera De Chile Sa
8. ABBREVIATIONS
9. DISCLAIMER
LIST OF TABLES
1. Agrochemicals market Revenue, by Region, 2012-2021 ($Million)
2. North America Agrochemicals market Revenues, by Country, 2012-2021 ($Million)
3. Europe Agrochemicals market Revenues, by Country 2012-2021 ($Million)
4. Asia Pacific: Agrochemicals market Revenues, by Country 2012-2021($Million)
5. Latin America: Agrochemicals market Revenues, by Country 2012-2021 ($Million)
6. RoW: Agrochemicals market Revenues, by Country 2012-2021 ($Million)
7. U.S.: Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
8. Canada: Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
9. Mexico: Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
10. Others: Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
11. Spain: Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
12. U.K.: Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
13. France: Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
14. Germany: Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
15. Italy: Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
16. Others: Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
17. China: Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
18. India: Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
19. Japan: Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
20. Australia: Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
21. Others: Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
22. Brazil: Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
23. Argentina: Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
24. Others: Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
25. South Africa: Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
26. Egypt: Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
27. Others: Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
28. Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
29. Fertilizer market Revenue, by Type, 2012-2021 ($Million)
30. Fertilizer market Revenue, by Region, 2012-2021 ($Million)
31. Pesticide market Revenue, by Type, 2012-2021 ($Million)
32. Synthetic Pesticide market Revenue, by Type, 2012-2021 ($Million)
33. Biopesticide market Revenue, by Type, 2012-2021 ($Million)
34. Pesticide market Revenue, by Region, 2012-2021 ($Million)
35. Adjuvants market Revenue, by Type, 2012-2021 ($Million)
36. Adjuvants market Revenue, by Region, 2012-2021 ($Million)
37. PGR Market Revenue, by Type, 2012-2021 ($Million)
38. PGR Market Revenue, by Region, 2012-2021 ($Million)
39. Other Agrochemicals market Revenue, by Type, 2012-2021 ($Million)
40. Agrochemicals market Revenue, by Crop Type, 2012-2021 ($Million)
41. North America Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
42. Europe Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
43. Asia-Pacific Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
44. Latin America Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
45. RoW Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
46. US Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
47. Canada Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
48. Mexico Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
49. Others Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
50. Spain Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
51. UK Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
52. France Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
53. Germany Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
54. Italy Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
55. Others Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
56. China Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
57. India Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
58. Japan Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
59. Australia Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
60. Others Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
61. Brazil Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
62. Argentina Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
63. Others Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
64. South Africa Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
65. Egypt Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)
66. Others Agrochemicals market Revenues, by Crop Type, 2012-2021 ($Million)

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