Title: Agrochemicals Market - Forecast(2022 - 2027)
1Agrochemicals MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022 - 2027
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- The residential and commercial gardens are also
affected by the resultant economic loss. As a
result, they incorporate agrichemical sprays and
fertilizers to eradicate pest issues along with
promoting plant growth and crop yields
significantly. - The global agrochemical market revenue crossed
220 billion as of 2018 and will continue to
leverage a better economy in the forecasted
period. APAC is a massively populated region,
therefore, it relies on farming and cultivation
practices to balance the increasing food
consumption rate. - he rise in infested agricultural fields is a
major limitation to the regional agricultural
economy. Ricepedia reports that Asia, alone,
produces and consumes 90 of rice in the world.
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Key Takeaways Frequent incidences of new pests,
pathogens, and weeds in farming, plantation, and
residential gardening discovered in the past
decade. Significantly, there is a huge
requirement of effective agrochemicals for
reducing economic and crop loss. Also, the
application of chemical growth agents such as
adjuvants and hormones help in healthy crop
yields. Consequently, the global agrochemical
market experiences huge demand thereby gaining a
lucrative economy.
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- By Distribution Channel- Segment Analysis
- Associated toxic effects of synthetic
agrochemicals are making space for the biological
agrochemicals to enter into modern agriculture in
recent years. - Biopesticides such as canola oil and baking soda
is largely used by farmers to inhibit pest growth
without any ecological adversity. - Additionally, advancement in modern agronomy has
led to the innovation of agrochemicals from
several soil-borne pathogens, fungi, and bacteria
to promote natural growth and high productivity
in plants.
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- Agrochemicals Market Industry Outlook
- Syngenta
- Bayer CropScience
- BASF
- Dow Agrosciences
- DuPont and others
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- Agrochemicals Market - Forecast(2021 - 2026)
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