Agrochemicals Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Agrochemicals Market Report is Segmented by Product Type (Fertilizers, Pesticides, Adjuvants, and Plant Growth Regulators), Application (Crop-Based and Non-Crop-Based), and Geography (North America, Europe, Asia-Pacific, South America, Middle East, and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Agrochemicals Market Size and Share

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Compare market size and growth of Agrochemicals Market with other markets in Agriculture Industry

Agrochemicals Market Analysis by Mordor Intelligence

The agrochemicals market reached USD 251 billion in 2025 and is forecast to rise to USD 297 billion by 2030, translating into a steady 3.39% CAGR. Growth is supported by sustained fertilizer demand in large grain economies, rapid penetration of biological crop-protection products, and wider deployment of precision-agriculture tools that lift input-use efficiency. At the same time, the European Union’s Farm to Fork mandate to halve chemical pesticide use by 2030, China’s periodic fertilizer export curbs, and increasingly stringent residue limits in major import markets are forcing producers to accelerate portfolio shifts toward low-toxicity chemistries and digital advisory services. Biologicals are scaling quickly on the back of pesticide-tax regimes now active in 30 countries and streamlined Brazilian and Indian registration pathways, while premium herbicides with novel modes of action address the costly rise of resistant weeds. Competitive intensity is growing as generics erode margins on mature molecules and new “input-as-a-service” models reward outcome-based pricing over product volume, setting the stage for a decade defined by technology integration and sustainability credentials within the agrochemicals market[1]Source: European Commission, “Farm to Fork Strategy,” ec.europa.eu.

Key Report Takeaways

  • By product type, fertilizers led with a 46.0% revenue share of the agrochemicals market in 2024, and the biological pesticides are projected to expand at a 14.7% CAGR through 2030. 
  • By application, crop-based uses held 83.0% of the agrochemicals market share in 2024, while the non-crop category is advancing at a 9.9% CAGR to 2030. 
  • By geography, Asia-Pacific commanded 48.5% of the agrochemicals market size in 2024; South America posts the fastest CAGR at 4.4% through 2030. 
  • Syngenta Group, Bayer Crop Science, BASF Agricultural Solutions, Corteva Agriscience, and Nutrien collectively controlled 55.6% of 2024 revenue within the agrochemicals market.

Segment Analysis

By Product Type: Biologicals Advance Even as Fertilizers Dominate

Fertilizers accounted for 46.0% of 2024 revenue inside the agrochemicals market, reflecting their indispensable role in macronutrient delivery to grains and oilseeds. Yet volatile natural gas prices inflated ammonia costs, squeezing margins for nitrogen producers and signaling a pivot toward efficiency technologies such as urease inhibitors and controlled-release coatings that reduce application rates by 15-25% without yield loss. The agrochemicals market size for fertilizers is forecast to expand at just 2.3% CAGR, slower than the overall market because of plateauing application rates in developed economies. Producers, therefore, emphasize premium polymer-coated lines and carbon-credit-linked offerings that capture value beyond volume. 

The biological segment, encompassing microbials, botanicals, pheromones, and biochemicals, grew 14.7% in 2024 and is projected to reach USD 25 billion by 2030. Within that total, the agrochemicals market size for bio-insecticides is on track to advance at 15.2% CAGR, buoyed by European residue-limit tightening and Brazilian fast-track registrations. As a result, integrated pest-management programs now mix chemical and biological tools in single-season rotations, enabling suppliers to cross-sell proprietary strains and adjuvants. Major players such as Syngenta Biologicals and FMC pivot aggressively toward this space, accelerating mergers and acquisitions to fill portfolio gaps. Herbicides, fungicides, adjuvants, and plant growth regulators remain critical; and their combined share of the agrochemicals market is projected to decline slightly as biologicals cannibalize volume while fetching higher margins.

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Note: Segment shares of all individual segments available upon report purchase

By Application: Vertical Farming Accelerates Non-Crop Uptake

Crop applications, grains, cereals, pulses, oilseeds, fruit, and vegetables captured 83.0% of revenue in 2024. The segment benefits from robust soybean and corn acreage in Brazil and the United States, together representing more than 40% of global production. Soybean output alone is projected to rise to 235 million metric tons by 2040, entrenching nitrogen-fixing inoculants and pre-emergence herbicides as staples. In China, an additional 50 million metric tons of grain output is targeted by 2030, elevating demand for nutrient-use efficiency products. The agrochemicals market share for crop applications is projected to edge lower to 80.5% by 2030 as indoor farming expands, but it still contributes more than three-quarters of future volume. 

Non-crop uses, turf, ornamentals, and controlled-environment agriculture form a smaller base yet show a 9.9% CAGR through 2030, outpacing traditional agriculture. Vertical farms deliver leafy greens at yields up to 20-fold higher per acre while utilizing sensor-driven fertigation, creating a premium niche for water-soluble specialty fertilizers and biological foliar sprays. Smart-city development projects in the Middle East and Southeast Asia increasingly feature rooftop or container farms, diversifying geographic exposure. Consequently, suppliers develop nutrient packs tailored to hydroponic conductivity and pH parameters, a capability that differentiates technology-enabled incumbents in the agrochemicals market.

Agrochemicals Market: Market Share by Application
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Geography Analysis

Asia-Pacific retained the highest regional revenue in 2024, accounting for 48.5% within the agrochemicals market, supported by intensive cultivation across China and India, and is projected to grow at a 5.0% CAGR by 2030. China manufactures 50% of the worldwide active-ingredient output, yet domestic environmental rules now favor low-toxicity lines, stimulating investment in biopesticide capacity. India’s contract development and manufacturing organizations secure multiyear deals that fill Western pipeline gaps, driving double-digit revenue growth. Japan accelerates the adoption of controlled-release fertilizers to meet emission targets, the Australia balances fertilizer demand with climate-induced drought adjustments. Government subsidy programs promoting digital soil testing and balanced nutrition enhance baseline consumption patterns.

South America is the fastest-growing territory, expanding by 4.4% CAGR through 2030. Brazil’s biological market hit BRL 5 billion (USD 1 billion) in 2024, with uptake concentrated in soybean and cotton. Logistics bottlenecks persist; 62% of Brazilian agricultural roads are below optimal quality, raising costs and encouraging localized formulation plants. Argentina’s no-till acreage exceeds 90%, underpinning demand for residue-compatible herbicides such as Rapidicil. Climate volatility, especially drought, boosts micronutrient and water-efficiency product sales, shaping a resilient business case for adaptive technologies within the agrochemicals market. 

North America and Europe, though mature, remain innovation hubs. The United States contends with tariff proposals on Canadian potash that could raise farmer costs by USD 100 per ton, prompting interest in biological nitrogen replacement and potassium-solubilizing microbes. Canada promotes 4R nutrient-stewardship certification, linking lender incentives to fertilizer best practices. Europe’s Farm to Fork strategy mandates 50% pesticide cuts by 2030, triggering accelerated biological approvals and digital traceability systems. The Middle East and Africa grew 3.4% and 4.1%, respectively, propelled by sovereign food-security investments, hydroponic adoption, and reclaimed desert farming, albeit from smaller bases. Collectively, these dynamics keep the agrochemicals market on a path of gradual volume growth complemented by higher-value product substitution.

Agrochemicals Market CAGR (%), Growth Rate by Region
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Competitive Landscape

Moderate concentration defines the agrochemicals market: the top five suppliers commanded 55.6% of 2024 revenue. Syngenta Group led with 14.5%, yet its 2024 sales slipped 10% to USD 28.8 billion amid channel destocking and adverse weather. Bayer Crop Science followed at 13.0%, while BASF Agricultural Solutions, Corteva Agriscience, and Nutrien rounded out the group. All five allocate 7-10% of sales to research & development, focusing on biologicals and digital platforms to defend their share from generic competition. BASF’s filing for a heteroaryl insecticide (EP 4389210 A1) shows continued synthetic chemistry innovation alongside biological workstreams[4]Source: European Patent Office, “EP 4389210 A1 – Heteroaryl Compounds for Controlling Invertebrate Pests,” epo.org.

Emerging specialists challenge incumbents. RovensaNext concentrates solely on biologicals, leveraging rapid field-trial data to secure local approvals ahead of larger rivals. Indian and Chinese producers expand off-patent portfolios, capitalizing on cost advantages to win tenders in Africa and Southeast Asia. To protect margins, multinationals pursue outcome-based pricing and bundled digital services, illustrated by Corteva’s 2025 partnership with NEVONEX that merges in-cab software with proprietary actives for variable-rate spraying. 

Strategic transactions reshape the landscape. Syngenta divested its FarMore seed-treatment platform to Gowan to streamline focus, while BASF joined forces with Agmatix for AI nematode diagnostics. Sumitomo Chemical acquired Romanian distributor Naturevo, widening its European footprint in specialty fertilizers. Mergers and Acquisitions intensity is highest in biologicals, where technology diversification is imperative to meet regulatory trajectories. The competitive race will ultimately reward those who align digital agronomy, sustainable chemistries, and reliable supply within the evolving the agrochemicals market.

Agrochemicals Industry Leaders

  1. Syngenta Group

  2. Bayer Crop Science AG

  3. BASF Agricultural Solutions

  4. Corteva Agriscience

  5. Nutrien Ltd

  6. *Disclaimer: Major Players sorted in no particular order
Agrochemical Industry Concentration
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Recent Industry Developments

  • May 2025: Corteva Agriscience and NEVONEX launched a collaboration to deliver digitally enabled crop-protection prescriptions that integrate on-farm data analytics.
  • April 2025: FMC Corporation gained its first commercial registration for Dodhylex in Peru, targeting resistant grassy weeds with commercial sales projected by August 2025.
  • March 2025: FMC and Bayer agreed to co-commercialize Isoflex herbicide technology in Europe, with regulatory approval anticipated during 2025.
  • March 2025: Syngenta Group reported 2024 revenue of USD 28.8 billion and highlighted strong uptake for PLINAZOLIN and ADEPIDYN platforms despite weather-related headwinds.

Table of Contents for Agrochemicals Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Escalating herbicide-resistant weeds spur premium herbicide demand
    • 4.2.2 Convergence of AI-enabled Input-as-a-service business models
    • 4.2.3 Surge in biologicals pushed by pesticide-tax regimes
    • 4.2.4 Carbon-credit monetization of nitrogen-efficiency products
    • 4.2.5 Mainstream expansion of controlled-release fertilizers
    • 4.2.6 Crop diversification in vertical and indoor farms
  • 4.3 Market Restraints
    • 4.3.1 Accelerating phase-outs of high-toxicity actives in EU, Brazil and China
    • 4.3.2 Volatile glyphosate pricing squeezes formulator margins
    • 4.3.3 Rising Regulatory data-package costs
    • 4.3.4 Chronic activist litigation risk in North America
  • 4.4 Regulatory Landscape
  • 4.5 Technological Outlook
  • 4.6 Porter's Five Forces Analysis
    • 4.6.1 Bargaining Power of Suppliers
    • 4.6.2 Bargaining Power of Buyers
    • 4.6.3 Threat of New Entrants
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Intensity of Competitive Rivalry

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Product Type
    • 5.1.1 Fertilizers
    • 5.1.1.1 Nitrogenous
    • 5.1.1.2 Phosphatic
    • 5.1.1.3 Potassic
    • 5.1.2 Pesticides
    • 5.1.2.1 Herbicides
    • 5.1.2.2 Insecticides
    • 5.1.2.3 Fungicides
    • 5.1.2.4 Bio-pesticides
    • 5.1.3 Adjuvants
    • 5.1.4 Plant Growth Regulators
  • 5.2 By Application
    • 5.2.1 Crop-based
    • 5.2.1.1 Grains and Cereals
    • 5.2.1.2 Pulses and Oilseeds
    • 5.2.1.3 Fruits and Vegetables
    • 5.2.2 Non-crop-based
    • 5.2.2.1 Turf and Ornamental Grass
    • 5.2.2.2 Other Non-crop-based
  • 5.3 By Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
    • 5.3.1.4 Rest of North America
    • 5.3.2 Europe
    • 5.3.2.1 Germany
    • 5.3.2.2 France
    • 5.3.2.3 United Kingdom
    • 5.3.2.4 Italy
    • 5.3.2.5 Spain
    • 5.3.2.6 Russia
    • 5.3.2.7 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 India
    • 5.3.3.3 Japan
    • 5.3.3.4 Australia
    • 5.3.3.5 Rest of Asia-Pacific
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle East
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 United Arab Emirates
    • 5.3.5.3 Rest of Middle East
    • 5.3.6 Africa
    • 5.3.6.1 South Africa
    • 5.3.6.2 Egypt
    • 5.3.6.3 Rest of Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Syngenta Group
    • 6.4.2 Bayer Crop Science AG
    • 6.4.3 BASF Agricultural Solutions
    • 6.4.4 Corteva Agriscience
    • 6.4.5 Nutrien Ltd
    • 6.4.6 Yara International ASA
    • 6.4.7 Mosaic Company
    • 6.4.8 CF Industries Holdings
    • 6.4.9 UPL Ltd
    • 6.4.10 FMC Corporation
    • 6.4.11 Sumitomo Chemical AgroSolutions
    • 6.4.12 Nufarm Ltd
    • 6.4.13 K+S AG
    • 6.4.14 ICL Group
    • 6.4.15 OCP Group
    • 6.4.16 Albaugh LLC
    • 6.4.17 OCI Global
    • 6.4.18 RovensaNext
    • 6.4.19 Bharat Rasayan Ltd
    • 6.4.20 Helm AG

7. Market Opportunities and Future Outlook

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Global Agrochemicals Market Report Scope

Agrochemicals are used to prevent the deterioration of crops from insects and pest infestation and disease. The agrochemicals market report offers the latest trends, growth factors, industry competitiveness, investment opportunities, and a detailed profile of the top players in the market.

The agrochemicals market is segmented by product type (fertilizers, pesticides, adjuvants, and plant growth regulators ), application (crop-based and non-crop-based), and geography (North America, Europe, Asia-Pacific, South America, and Africa). The report offers market size and forecasts for the market in terms of value in USD for all the above segments.

By Product Type Fertilizers Nitrogenous
Phosphatic
Potassic
Pesticides Herbicides
Insecticides
Fungicides
Bio-pesticides
Adjuvants
Plant Growth Regulators
By Application Crop-based Grains and Cereals
Pulses and Oilseeds
Fruits and Vegetables
Non-crop-based Turf and Ornamental Grass
Other Non-crop-based
By Geography North America United States
Canada
Mexico
Rest of North America
Europe Germany
France
United Kingdom
Italy
Spain
Russia
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East Saudi Arabia
United Arab Emirates
Rest of Middle East
Africa South Africa
Egypt
Rest of Africa
By Product Type
Fertilizers Nitrogenous
Phosphatic
Potassic
Pesticides Herbicides
Insecticides
Fungicides
Bio-pesticides
Adjuvants
Plant Growth Regulators
By Application
Crop-based Grains and Cereals
Pulses and Oilseeds
Fruits and Vegetables
Non-crop-based Turf and Ornamental Grass
Other Non-crop-based
By Geography
North America United States
Canada
Mexico
Rest of North America
Europe Germany
France
United Kingdom
Italy
Spain
Russia
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East Saudi Arabia
United Arab Emirates
Rest of Middle East
Africa South Africa
Egypt
Rest of Africa
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Key Questions Answered in the Report

What is the projected value of the agrochemicals market by 2030?

The market is projected to reach USD 297 billion by 2030, growing at a 3.39% CAGR.

Which product category is expanding fastest?

Biological pesticides lead with a forecast of 14.7% CAGR thanks to regulatory support and farmer adoption of integrated pest-management programs.

Why are controlled-release fertilizers gaining traction?

They reduce nutrient losses by up to 30% and often qualify for carbon-credit programs, improving both environmental and economic performance.

Which region is growing the quickest?

South America posts the fastest CAGR at 4.4%, driven by Brazil’s large-scale adoption of biologicals and expanding crop acreage.

How concentrated is the competitive landscape?

The top five players control around 55.6% of revenue, signaling moderate concentration with significant scope for challengers.

What digital trends are influencing agrochemicals?

Input-as-a-service models that pair AI analytics with variable-rate applications are lowering chemical volumes while opening recurring revenue streams.

Page last updated on: July 8, 2025