Market revenue in 2023 | USD 46,058.7 million |
Market revenue in 2030 | USD 64,358.2 million |
Growth rate | 4.9% (CAGR from 2023 to 2030) |
Largest segment | Fertilizers |
Fastest growing segment | Crop Protection Chemicals |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to agrochemicals market will help companies and investors design strategic landscapes.
Fertilizers was the largest segment with a revenue share of 57.55% in 2023. Horizon Databook has segmented the Latin America 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.
Central & South America is considered to be one of the prominent market for agricultural products in the world. This region comprises some of the emerging countries including Brazil, Argentina, Colombia, and Chile. The market in this region was dominated by Brazil in 2020. Central & South America accounted for 23.9% of the global agrochemicals market volume in 2020.
Fertilizers accounted for the majority share in the agrochemicals market in Central & South America in 2020. The region has witnessed a flourishing agriculture sector with improved irrigation facilities and mechanization. Biofertilizers and organic fertilizers are expected to drive the fertilizer industry in this region over the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America agrochemicals market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America agrochemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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