Agrochemicals Market – Forecasts from 2017 to 2022 – Analysis By Type, Crop Type & Geography – Research and Markets

DUBLIN–(BUSINESS WIRE)–The “Agrochemicals
Market – Forecasts from 2017 to 2022” report has been added to Research
and Markets’ offering.

The agrochemicals market is projected to grow at a CAGR of 3.77% over
the forecast period to reach US$300.548 billion by 2022, from US$249.745
billion in 2017. Agrochemicals are witnessing high demand on account of
factors such as rising demand for pesticides, an increase in popularity
of genetically modified crops and the pressure on farmers to reduce the
cost of crop cultivation by using highly efficient agriculture products.

Agrochemicals are majorly used in agriculture, horticulture, and
floriculture including a broad range of hormones, pesticides, synthetic
fertilizers and chemical growth agents. Major benefits of agrochemicals
include modifying the need of the crop to suit the changing weather
pattern and increasing crop production by optimal use of scarce
resources.

By crop type, the cereals segment accounted for the substantial market
share in 2016. Multinational cereals players, such as General Mills, and
Kellogg with their aggressive advertisements and branding strategies are
boosting the demand for cereal, which in turn is augmenting the
segment’s growth. Moreover, the demand for crop protection chemicals
such as pesticides and fungicides is high for this segment, as these are
prone to frequent attacks from pests and insects.

Companies Mentioned

• BASF
• The Dow Chemical Company
• Yara International
• Monsanto
• The Mosaic Company
• Syngenta
• Bayer CropScience
• Israel Chemicals Limited
• Agrium Inc.
• Gharda Chemicals Limited

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Global Agrochemicals Market Forecast by Type (US$ billion)

6. Global Agrochemicals Market Forecast by Crop Type (US$ billion)

7. Global Agrochemicals Market Forecast by Geography (US$ billion)

8. Competitive Intelligence

9. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/brtmjh/agrochemicals

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Related
Topics: Agrochemicals
and Fertilizers