According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Sustainable Agrochemicals Market - Industry Trends and Forecast to 2030 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.
Global Sustainable Agrochemicals Market Analysis and Size
Global Sustainable Agrochemicals Market size is estimated to grow at a CAGR of around 9.02% during the forecast period, i.e., (2024-30).
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Some of the major players operating in the Sustainable Agrochemicals Market are 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.
Sustainable Agrochemicals Market Growth 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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Market Segment and Geographical Analysis
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
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
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
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