Agrochemicals Market - Global Outlook and Forecast 2020-2028
Added: (Wed Feb 09 2022)
Pressbox (Press Release) -
According to Stratistics MRC, Agrochemicals Market Value is expected to reach $323.98 billion by 2028 growing at a CAGR of 5.4% during the forecast period.
Agrochemicals are the chemical substances which are used in the agricultural farmland to increase the deficiency of nutrient in the field or crop. Agrochemicals are used for preventing the deterioration of crops from insects and pest infestation and disease. Agrochemicals improve the quantity and the quality of farm products.
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By geography, Asia Pacific is going to have high growth during the forecast period due to the urbanization, rapid income growth, and increasing need for food crops in the region has fueled the use of pesticides to enhance crop yield. The use of pesticides is becoming a common practice in India, China, and other less-developed countries in the region, leading to growth in areas where there had previously been very little or no pesticide usage.
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Some of the key players profiled in the Agrochemicals Market include Yara International, UPL, Syngenta, Sumitomo Chemical, Nufarm, K+S Group, ICL Group Ltd, Compass Minerals, Bayer, BASF, and Adama Ltd.
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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