Agrochemicals Market Qualitative Analysis and Development Trends by 2031Posted by Aparna P on September 5th, 2022  The increasing demand for the food products around the world is likely to bring tremendous growth opportunities for the agrochemicals market. The agrochemicals market has been projected to reach the valuation of US$ 246.1 Bn and grow at a CAGR of 3.4% in the foreseeable years from 2020 to 2030.
Agrochemicals include fertilizers, pesticides, liming and acidifying agents, herbicides, and soil conditioners. They help to sustain the agricultural ecosystem and thus play a crucial role in the food chain. The agrochemicals help to bring about a good crop by preserving the quality of food and soil and improving the crop supplies.
The developing nations of Asia Pacific are likely to show a steady rate of increase in their consumption of agrochemicals. China, Japan, and India are expected to hold large shares in the global agrochemicals market over the coming years.
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Global Agrochemicals Market: Companies Mentioned in the Report
Key players in the global agrochemicals market so far, have included Yara International ASA, Haifa Group, Bayer CropScience AG, Dow AgroSciences LLC, Zuari Agro Chemicals Ltd., Gharda Chemicals Limited, Syngenta AG, and BASF SE.
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