Italy Agrochemicals Market Size & Outlook, 2023-2030
Italy agrochemicals market, 2018-2030 (US$M)
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Italy agrochemicals market highlights
- The Italy agrochemicals market generated a revenue of USD 3,604.3 million in 2023 and is expected to reach USD 4,439.8 million by 2030.
- The Italy market is expected to grow at a CAGR of 3% 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 3,604.3 million |
| Market revenue in 2030 | USD 4,439.8 million |
| Growth rate | 3% (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, Italy accounted for 1.3% of the global agrochemicals market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, France agrochemicals market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 3,279.3 million by 2030.
Fertilizers was the largest segment with a revenue share of 65.25% in 2023. Horizon Databook has segmented the Italy 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.
Italy agrochemicals market accounted for a market share of about 6.3% in 2020 in terms of volume. Increasing focus on the agricultural sector in the country is the key driver for the market growth. In the European countries Italy had relatively high employment rates in agriculture.
The agricultural sector is expected to grow at a significant rate in Italy. People in the country are focusing on the agricultural sector. The total capital inputs in the EU-28 agricultural sector were estimated around USD 350 billion. Among these inputs, the highest inputs were recorded in France, Germany and Italy.
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Agrochemicals Market Scope
Agrochemicals Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy agrochemicals market size, by product, 2018-2030 (US$M)
Italy Agrochemicals Market Outlook Share, 2023 & 2030 (US$M)
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