The Global Sustainable Agrochemicals Market size is estimated to grow at a CAGR of around 9.02% during the forecast period, i.e., (2024-30). According to MarkNtel Advisors Study.
Global Sustainable Agrochemicals Market Driver:
Prohibition of Chemical Pesticides & Government Awareness Programs to Drive the Market – In recent times, there has been a significant global shift where many farmers are switching to eco-friendly biological agrochemicals as a consideration for environmental sustainability. This shift is part of a larger move toward sustainable and environmentally friendly farming practices. Two key factors, which include the ban on chemical pesticides as well as proactive awareness programs launched by governments worldwide, have resulted in this remarkable growth. Major regions such as North America, Europe, and Asia-Pacific are actively engaged in such activities to ensure sustainable farming practices in the region, thus supporting the growth of sustainable agrochemical products. For instance,
In 2021, the Environmental Protection Agency (EPA) operative in the United Sates banned the usage of chlorpyrifos for all food uses, as stated by Earthjustice.
As a result of these combined efforts, the demand for bio-based agrochemicals has been on an upward trajectory. Farmers, driven by both regulatory pressures and consumer preferences, are increasingly turning to sustainable pest control and crop management solutions, thereby supporting the revenue growth of the market.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Sustainable Agrochemicals Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- By Crop Type
- Cereals & Grains- Market Size & Forecast 2019-2030, Thousand Tons
- Corn- Market Size & Forecast 2019-2030, Thousand Tons
- Wheat- Market Size & Forecast 2019-2030, Thousand Tons
- Barley- Market Size & Forecast 2019-2030, Thousand Tons
- Rice- Market Size & Forecast 2019-2030, Thousand Tons
- Others (Oats, Rye, Millet, etc.)- Market Size & Forecast 2019-2030, Thousand Tons
- Oilseeds & Pulses- Market Size & Forecast 2019-2030, Thousand Tons
- Soybean- Market Size & Forecast 2019-2030, Thousand Tons
- Rapeseed- Market Size & Forecast 2019-2030, Thousand Tons
- Cottonseed- Market Size & Forecast 2019-2030, Thousand Tons
- Sunflower- Market Size & Forecast 2019-2030, Thousand Tons
- Others (Lentils, Chickpeas, Peanuts, etc.)- Market Size & Forecast 2019-2030, Thousand Tons
- Fruits & Vegetables- Market Size & Forecast 2019-2030, Thousand Tons
- Root & Tuber Vegetables- Market Size & Forecast 2019-2030, Thousand Tons
- Leafy Vegetables- Market Size & Forecast 2019-2030, Thousand Tons
- Pome Fruits- Market Size & Forecast 2019-2030, Thousand Tons
- Berries- Market Size & Forecast 2019-2030, Thousand Tons
- Citrus Fruits- Market Size & Forecast 2019-2030, Thousand Tons
- Other Crop Type (Nuts, Cash Crops, etc..)- Market Size & Forecast 2019-2030, Thousand Tons
- Cereals & Grains- Market Size & Forecast 2019-2030, Thousand Tons
- By Formulation
- Liquid- Market Size & Forecast 2019-2030, Thousand Tons
- Powder- Market Size & Forecast 2019-2030, Thousand Tons
- By Source
- Microbial- Market Size & Forecast 2019-2030, Thousand Tons
- Biochemical- Market Size & Forecast 2019-2030, Thousand Tons
- Beneficial Insects- Market Size & Forecast 2019-2030, Thousand Tons
- Plants- Market Size & Forecast 2019-2030, Thousand Tons
- By Product Type
- Biopesticide- Market Size & Forecast 2019-2030, Thousand Tons
- Bioinsecticides- Market Size & Forecast 2019-2030, Thousand Tons
- Biofungicides- Market Size & Forecast 2019-2030, Thousand Tons
- Bionematicides- Market Size & Forecast 2019-2030, Thousand Tons
- Bioherbicides- Market Size & Forecast 2019-2030, Thousand Tons
- Others (Plant Extracts, Essential oils, etc.)- Market Size & Forecast 2019-2030, Thousand Tons
- Organic fertilizers- Market Size & Forecast 2019-2030, Thousand Tons
- Compost- Market Size & Forecast 2019-2030, Thousand Tons
- Manure- Market Size & Forecast 2019-2030, Thousand Tons
- Cover crops- Market Size & Forecast 2019-2030, Thousand Tons
- Biofertilizers- Market Size & Forecast 2019-2030, Thousand Tons
- Biostimulants- Market Size & Forecast 2019-2030, Thousand Tons
- Biopesticide- Market Size & Forecast 2019-2030, Thousand Tons
- By Application
- Seed Treatment- Market Size & Forecast 2019-2030, Thousand Tons
- Soil Treatment- Market Size & Forecast 2019-2030, Thousand Tons
- Foliar Treatment- Market Size & Forecast 2019-2030, Thousand Tons
- By Distribution Channel
- Dealer/Distributor- Market Size & Forecast 2019-2030, Thousand Tons
- Retail- Market Size & Forecast 2019-2030, Thousand Tons
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Bayer CropScience, Syngenta, BASF SE, Marrone Bio Innovations, Certis USA, Koppert Biological Systems, Novozymes, Valent BioSciences, AgBiome Innovations, NewLeaf Symbiotics, Verdesian Life Sciences, Holganix, Andermatt Group AG, Bioline AgroSciences Ltd., Vestaron Corporation, and others are looking forward to strengthening their market positions.
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