Australia Agrochemicals Market Size & Outlook, 2023-2030
Australia agrochemicals market, 2018-2030 (US$M)
Related Markets
Australia agrochemicals market highlights
- The Australia agrochemicals market generated a revenue of USD 4,361.1 million in 2023 and is expected to reach USD 6,713.0 million by 2030.
- The Australia market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, fertilizers was the largest revenue generating product in 2023.
- Crop Protection Chemicals is the most lucrative product segment registering the fastest growth during the forecast period.
Agrochemicals market data book summary
| Market revenue in 2023 | USD 4,361.1 million |
| Market revenue in 2030 | USD 6,713.0 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Fertilizers |
| Fastest growing segment | Crop Protection Chemicals |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fertilizers, Crop Protection Chemicals, Plant Growth Regulators, Other Products |
| Key market players worldwide | Clariant AG, Basf SE, Huntsman Corp, Bayer AG, Dow Inc, Solvay SA, Nufarm Ltd, Evonik Industries AG, Croda International PLC, Helena Laboratories, Ashland Inc, FMC Corp, ADAMA Agricultural Solutions, Stepan Co |
Other key industry trends
- In terms of revenue, Australia accounted for 1.6% of the global agrochemicals market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China agrochemicals market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 51,291.0 million by 2030.
Fertilizers was the largest segment with a revenue share of 73.54% in 2023. Horizon Databook has segmented the Australia agrochemicals market based on fertilizers, crop protection chemicals, plant growth regulators, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Australia accounted for 2.8% of the Asia Pacific agrochemicals market in 2020 in terms of volume. The agrochemicals market in Australia is expected to grow at a significant rate owing to the increasing consumption of crop protection chemicals in the country.
According to FAO, the consumption of pesticides in Australia was recorded at 42.1 thousand tons in 2010, by 2019 the consumption increased to 63.4 thousand tons.
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Agrochemicals Market Scope
Agrochemicals Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia agrochemicals market size, by product, 2018-2030 (US$M)
Australia Agrochemicals Market Outlook Share, 2023 & 2030 (US$M)
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