U.S. Agrochemicals Market Size & Outlook, 2023-2030
U.S. agrochemicals market, 2018-2030 (US$M)
Related Markets
U.S. agrochemicals market highlights
- The U.S. agrochemicals market generated a revenue of USD 27,232.8 million in 2023 and is expected to reach USD 39,002.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.3% 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 27,232.8 million |
| Market revenue in 2030 | USD 39,002.2 million |
| Growth rate | 5.3% (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, U.S. accounted for 10.0% of the global agrochemicals market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. agrochemicals market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 39,002.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Agrochemicals Market Scope
Agrochemicals Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. agrochemicals market outlook
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 64% in 2023. Horizon Databook has segmented the U.S. 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 U.S. accounted for a 73.1% market share in the North America agrochemicals market in terms of volume. The U.S. spearheading revenue growth due to growth in the animal feed industry. In addition, the adoption of the new agricultural techniques such as precision farming is expected to boost the demand for agrochemicals in the country.
The U.S. is one of the oldest markets for agrochemicals in the world. U.S. is one of the major foods producing countries and also ranks among the top 10 countries by geography. It ranks 3rd among the world’s dominant food producing countries. The U.S. is the largest producer of some of the crops such as maize, sorghum, blueberry, almonds, among others.
In addition, U.S. produces large amount of soybean and is the largest producer of soybean after Brazil. These are the major factors for the market growth in the country. The U.S. accounted for majority of the market share in the North America agrochemicals market. Increasing demand for crops such as maize, sorghum, blueberry, Soybean, among others in the country is driving the agrochemicals market.
Reasons to subscribe to U.S. agrochemicals market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of U.S. agrochemicals market databook
-
Our clientele includes a mix of agrochemicals market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. agrochemicals market , including forecasts for subscribers. This country databook contains high-level insights into U.S. agrochemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. agrochemicals market size, by product, 2018-2030 (US$M)
U.S. Agrochemicals Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
