UK Agrochemicals Market Size & Outlook, 2023-2030
The agrochemicals market in UK is expected to reach a projected revenue of US$ 3,279.3 million by 2030. A compound annual growth rate of 5.8% is expected of UK agrochemicals market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,217.2
Forecast, 2030 (US$M)
$3,279.3
CAGR, 2024 - 2030
5.8%
Report Coverage
UK
Related Markets
UK agrochemicals market highlights
- The UK agrochemicals market generated a revenue of USD 2,217.2 million in 2023 and is expected to reach USD 3,279.3 million by 2030.
- The UK market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, fertilizers was the largest revenue generating product in 2023.
- Fertilizers is the most lucrative product segment registering the fastest growth during the forecast period.
Agrochemicals market data book summary
| Market revenue in 2023 | USD 2,217.2 million |
| Market revenue in 2030 | USD 3,279.3 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Fertilizers |
| Fastest growing segment | Fertilizers |
| 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, UK accounted for 0.8% 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 74.91% in 2023. Horizon Databook has segmented the UK 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.
The UK agrochemical market is expected to register positive growth during the forecast period owing to the steady demand for fertilizers in the country. The UK accounted for a 10.8% market share in the European agrochemicals market.
The demand for agrochemicals in the country is expected to be positive during the forecast period owing to the increasing focus on the agricultural sector in the country.
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Agrochemicals Market Scope
Agrochemicals market segmentation & scope
Agrochemicals Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ADAMA Agricultural Solutions | View profile | 1001-5000 | Tel Aviv, Tel Aviv, Israel, Asia | http://www.adama.com/en |
| Stepan Co | View profile | 2453 | 1101 Skokie Boulevard, Suite 500, Northbrook, IL, United States, 60062 | https://www.stepan.com |
| Helena Laboratories | View profile | 501-1000 | Beaumont, Texas, United States, North America | https://www.helena.com/ |
| Nufarm Ltd | View profile | 3059 | 103-105 Pipe Road, Laverton North, Melbourne, VIC, Australia, 3026 | https://www.nufarm.com |
| Croda International PLC | View profile | 5852 | Cowick Hall, Snaith, Goole, East Yorkshire, United Kingdom, DN14 9AA | https://www.croda.com |
| Clariant AG | View profile | 10481 | Rothausstrasse 61, Muttenz, Switzerland, 4132 | http://www.clariant.com |
| Solvay SA | View profile | 9000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | https://www.solvay.com |
| Ashland Inc | View profile | 3800 | 8145 Blazer Drive, Wilmington, DE, United States, 19808 | http://www.ashland.com |
| Bayer AG | View profile | 99723 | Kaiser-Wilhelm-Allee 1, Leverkusen, NW, Germany, 51368 | https://www.bayer.com |
| Huntsman Corp | View profile | 6000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | https://www.huntsman.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| FMC Corp | View profile | 6600 | 2929 Walnut Street, Philadelphia, PA, United States, 19104 | https://www.fmc.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
UK agrochemicals market size, by product, 2018-2030 (US$M)
UK Agrochemicals Market Outlook Share, 2023 & 2030 (US$M)
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