Agrochemicals Market Revenue to Attain USD 305.63 Bn by 2033

01 Apr 2025

Share :

Table of Content

1. Agrochemicals Market Revenue and Trends 2025 to 2033 2. Market Overview 3. Report Highlights 4. Market Trends 5. Regional Insights 6. Agrochemicals Market Coverage 7. Market News 8. Agrochemicals Market Key Players 9. Market Segmentation

Agrochemicals Market Revenue and Trends 2025 to 2033

The global agrochemicals market revenue reached USD 242.49 billion in 2025 and is predicted to attain around USD 305.63 billion by 2033 with a CAGR of 2.90%. The agrochemicals market is driven by growing food requirements worldwide, technological improvements, and the necessity of creating sustainable agricultural practices.

Market Overview

Agrochemicals represent chemical or biological products designed to improve crop yield and quality. This group contains two principal subcategories, namely fertilizers and pesticides. The application of fertilizers enhances crop quality because they supply essential nutrients to crops and soil. Pesticides protect crops from damaging pests and weeds. Agrochemicals prove essential for farmers because they help farmers increase crop yield quality while also increasing quantity.

The agrochemicals market experiences robust expansion because the worldwide food requirements continue expanding, the growing population, and the shifting of communities into urban areas. Agrochemicals result in better harvesting output, pest defense, and bette quality food. The increasing use of agrochemicals is promoted by these key elements, which support continuous market development to meet worldwide food security requirements.

Report Highlights

• By products, the fertilizer segment is estimated to hold a significant agrochemicals market share. The modern agricultural field depends heavily on fertilizers to provide necessary nutrients such as nitrogen, phosphorus, and potassium, which enhance plant development for better yields. The crop protection chemicals segment is projected to grow at a notable CAGR during the forecast period. The growing demand for crop security, new pesticide advancements, and increasing food safety needs drive this rising utilization.
• By application, the cereals and grains segment dominated the global market in 2024. High demand for cereal and grain farming and the need for efficient pest and nutrient control systems have driven the use of agrochemicals. The oilseeds and pulses segment is anticipated to grow at the fastest CAGR over the projected period. Plant protein and vegetable oil market expansion worldwide has driven fast acceptance of agrochemicals, particularly through fertilizers and herbicides.

Market Trends

Rising Demand for Food Security

Food and Agriculture Organization (FAO) reported that the worldwide human population will grow to 9.7 billion in 2050. Food security relies on efficient agrochemical usage because it helps farmers produce more crops while sustaining an expanding population.

Increasing emphasis on Sustainable Agricultural Practices

Natural herbicides, bio-based fertilizers, and organic pesticides provided by agrochemical companies help farmers produce more crops while protecting environmental health as well as wildlife and human health.  According to the World Bank, sustainable agriculture chemicals enable better preservation of farmland health, aquatic systems, and agricultural yield maintenance.

Rising Adoption of Precision Farming Techniques  

Precision agriculture methods lead to increased crop yields and reduce the need for agrochemicals. This approach lowers costs and minimizes the environmental impact of agrochemicals while delivering accurate nutritional needs to plants for growth.

Regional Insights

The Asia Pacific agrochemicals market accounted for the largest global share in 2024. The U.S. and Canada lead the market through their technological farming operations and robust product requirements from organic farming as well as conventional farming sectors. This region uses more agrochemicals because the adoption of precision agriculture techniques and government support of sustainable farming methods is increasing. 
Agrochemical producers operating in the U.S. market decrease national dependence on imported agrochemicals from foreign countries. Organic food trends motivated manufacturers to develop environmentally friendly agrochemical compounds, including organo-modified siloxanes, modified vegetable oils, and methylated seed oil, along with other related products.

• According to USDA data, American farmers use 17 million metric tons of fertilizer annually throughout the year to achieve abundant crop production, particularly concerning corn, soybeans, and wheat. The fertilizer applications enhance soil nutrients while boosting productivity, thus making the U.S. one of the world's major food suppliers.

North America is anticipated to host the fastest-growing agrochemicals market. This region holds a powerful marketplace position because of its numerous agricultural operations in China, India, Japan, and Southeast Asian states. Agrochemical use in the region has increased sharply because of food security needs and rising population numbers, specifically targeting key staples like rice, wheat, and corn.

China emerged as an essential part of the world fertilizer and pesticide markets since it imports and exports these agricultural chemicals while manufacturing them in large quantities. Food grains, as well as agricultural products, require increasing amounts of fertilizers and agrochemicals because the market demand continues to expand.

Agrochemicals Market Coverage

Market News

• In March 2024, Yara India launched ‘Kissan ka Sachcha Yaar’ to offer farmers tools for reaching productive yields sustainably. The FarmCare 2.0 digital application gained simultaneous release with ‘Kissan ka Sachcha Yaar’ as part of this marketing initiative.
• In May 2023, Yara announced its seed treatment biostimulant product NRhizo at the BAW 2023 when the BioAg World Congress took place in Rio de Janeiro. The NRhizo represents the beginning of fifteen premium offerings solutions intended for Brazilian rural producers.

Agrochemicals Market Key Players

• BASF SE
• Adama Agricultural Solutions Ltd.
• Arysta Lifesciences Corporation
• America Vanguard Corporation
• Jiangsu Yangnong Chemical Group Co. Ltd
• The Dow Chemical
• Sumitomo Chemical Co. Ltd
• Bayer Cropscience AG
• Nufarm Limited

Market Segmentation

By Product

• Fertilizers
  
  • Nitrogenous
  • Phosphatic
  • Potassic
  • Secondary Fertilizers (Calcium, Magnesium, and Sulfur Fertilizers)
  • Others
• Crop Protection Chemicals
  
  • Herbicides
  • Insecticides
  • Fungicides
  • Others
• Plant Growth Regulators
• Others

By Application

• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Others

Get this report to explore global market size, share, CAGR, and trends, featuring detailed segmental analysis and an insightful competitive
landscape overview @ https://www.precedenceresearch.com/sample/1596

You can place an order or ask any questions, please feel free to contact at sales@precedenceresearch.com| +1 804 441 9344