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Sustainable Agrochemicals Market Set for 9.02% CAGR Surge in 2024-30 Outlook

Feb 13, 2024 10:00 AM ET

Sustainable Agrochemicals Market Set for 9.02% CAGR Surge in 2024-30 Outlook

Market Overview: Sustainable Agrochemicals Market

MarkNtel Advisors, leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on Sustainable Agrochemicals Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.

Sustainable Agrochemicals Market Insights 2024-30

The Sustainable Agrochemicals Market is estimated to grow at a CAGR of around 9.02% during the forecast period 2024-30.

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Driving Innovation: Exploring the Sustainable Agrochemicals Market and its Key Drivers
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.

Top Players in the Sustainable Agrochemicals Market:

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 Industry Recent Development:
  • 2023: Syngenta and Biotalys have entered into a strategic partnership in the biological innovation segment to create advanced solutions for sustainable agriculture. The new solution will be based on Biotalys’ AGROBODY technology and will provide broad access to novel technologies to farmers.
  • 2022: Bayer has launched a new SeedGrowth product to treat rice blast (leaf blast) in early-season rice seeds by the name of Routine Start 300FS, in Vietnam. The launch confirms the company’s commitment to promote the sustainable development of Vietnam’s agriculture through breakthrough innovations.

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Segmentation Analysis of Sustainable Agrochemicals Market

Sustainable Agrochemicals Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2024-30, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.

By Crop Type

-Cereals & Grains

–Corn

–Wheat

–Barley

–Rice

–Others (Oats, Rye, Millet, etc.)

-Oilseeds & Pulses

–Soybean

–Rapeseed

–Cottonseed

–Sunflower

–Others (Lentils, Chickpeas, Peanuts, etc.)

-Fruits & Vegetables

–Root & Tuber Vegetables

–Leafy Vegetables

–Pome Fruits

–Berries

–Citrus Fruits

–Other Crop Type (Nuts, Cash Crops, etc..)

By Formulation

-Liquid

-Powder

  • Liquid-based sustainable agrochemicals are expected to capture the major market share during the forecast period.

By Source

-Microbial

-Biochemical

-Beneficial Insects

-Plants

By Product Type

-Biopesticide

–Bioinsecticides

–Biofungicides

–Bionematicides

–Bioherbicides

–Others (Plant Extracts, Essential oils, etc.)

-Organic fertilizers

–Compost

–Manure

–Cover crops

-Biofertilizers

-Biostimulants

By Application

-Seed Treatment

-Soil Treatment

-Foliar Treatment

By Distribution Channel

-Dealer/Distributor

-Retail

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A Comprehensive Geographical Analysis:

By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific

  • The Asia-Pacific region is witnessing a remarkable shift toward sustainability and environmental consciousness, therefore this region is anticipated to hold a sizeable market share in the Global Sustainable Agrochemicals Market in the coming years.
Why Choose Us?

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

Being one of the most efficient market research companies in India, our specialized team of experienced & efficient market research professionals is capable of grasping every minute and valuable information & data of the market to offer our clients with satisfactory details. Our company has served the biggest market research firms in India at leading positions and is proficient in managing all types of market research projects.

About Us 

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others. 

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals. 

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