Global agricultural chemical market size 2019 & 2030
According to the consulting group Next Move Strategy Consulting, the market volume of agrochemicals worldwide amounted to approximately 289 million metric tons in 2020. It is forecast that the global market size of agrochemicals will grow to around 402 million metric tons worldwide in the year 2030.
Agrochemicals, also known as agricultural chemicals, encompass all chemicals that are used to manage agricultural processes, such as chemical fertilizers, as well as insecticides, herbicides, nematicides, and fungicides. Hormones, soil conditioners, acidifying and liming agents, and other relevant chemical products are also included.
Agrochemicals, also known as agricultural chemicals, encompass all chemicals that are used to manage agricultural processes, such as chemical fertilizers, as well as insecticides, herbicides, nematicides, and fungicides. Hormones, soil conditioners, acidifying and liming agents, and other relevant chemical products are also included.
