Australia Agrochemicals Market Introduction and Overview
According to SPER Market Research, the Australia Agrochemicals Market is estimated to reach USD 3.64 billion by 2033 with a CAGR of 4.21%.
The report includes an in-depth analysis of the Australia Agrochemicals Market, including market size and trends, product mix, distribution channels, and supplier analysis. Agrochemicals are an essential part of the agricultural sector because they give farmers the tools they need to increase crop yields while protecting crops from pests and diseases. Chemical products known as "agrochemicals" are used in agriculture to increase crop productivity and shield plants from weeds, pests, and diseases. Herbicides, insecticides, fungicides, and other chemicals for soil treatment, plant growth, and improved fertility are sold under the category of agrochemicals. They boost crop growth by eliminating pests. Agrochemicals are used in all farming sectors, including dairy farming, poultry farming, horticulture, and commercial planting.
- 2022: AUSVEG joined forces with Syngenta to help growers get more out of their crops while keeping workers safe and farms profitable. Syngenta's support enables AUSVEG to continue important work in agri-political advocacy and representation on behalf of vegetable and potato growers.
- 2022: Incetic Pivot Fertilizers collaborated with Yara Nipro Liquid Fertilizers to provide farmers on Australia's east coast with liquid fertilizer options and increased supply security.
Market Opportunities and Challenges
Opportunities: Growing Interest in Organic Products Eco-friendly and organic agrochemicals can be developed and promoted thanks to the growing consumer preference for sustainable and organic agricultural products. Biopesticides and biostimulants, which come from natural sources and have less of an adverse effect on the environment, are in greater demand. Creating and advertising these goods may create new market niches. The use of precision agriculture tools like sensors, drones, and data analytics makes it possible to use agrochemicals more effectively and selectively, which lowers waste and its negative effects on the environment.
Challenges: Environmental Issues Concerns about agrochemical use's effects on non-target organisms, soil deterioration, and water pollution have been brought up. Increased demand for environmentally friendly substitutes and stricter regulations could potentially limit market growth. Farmers, employees, and consumers may be at risk for health problems if agrochemicals are handled improperly or misused. Market restraints may come from strict laws and the requirement for appropriate handling practices training and education. The overuse and prolonged application of agrochemicals can cause weeds, diseases, and pests to become resistant. This resistance lowers the effectiveness of agrochemicals and makes it more difficult for farmers to properly manage crop protection.
Market Competitive Landscape
The Australia Agrochemicals Market is extremely competitive, with both domestic and international players present. Multinational agrochemical companies, as well as local manufacturers, distributors, and suppliers, are key market participants. Product quality, brand reputation, pricing, distribution networks, and customer service are all factors that influence competition. The major players in the market are Bayer CropScience; BASF SE; Corteva Agricsience; Nufarm Ltd; Syngenta AG and Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product type, By Application
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| Regions covered | Central Region, Southern Region, Northern Region.
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| Companies Covered | Bayer CropScience; BASF SE; Corteva Agricsience; Nufarm Ltd; Syngenta AG
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COVID-19 Impact on Australia Agrochemicals Market
The COVID-19 pandemic had an impact on the agrochemicals market in Australia. Lockdowns around the world, supply chain disruptions, and fluctuating raw material supplies forced manufacturers to shut down production, resulting in an unfortunate decline in market growth. However, as announced by the federal minister of agriculture and by the launch of vaccines to combat the Covid-19 pandemic, Australia's food production and supply chain is expected to contribute to market growth over the forecast period.
Key Target Audience:
- Agrochemical Manufacturers
- Agrochemical Distributors and Suppliers
- Agricultural Research Institutions
- Farm Cooperatives
- Farmers and Agricultural Producers
- Government and Regulatory Bodies
- Industry Associations
Our in-depth analysis of the Australia Agrochemicals Market includes the following segments:
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By Product type: |
Adjuvants
Fertilizers
Pesticides
Plant Growth Regulators
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By Application: |
Commercial Crops
Fruits & Vegetables
Grains & Cereals
Pulses & Oilseeds
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By Region:
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Central Region
Southern Region
Northern Region
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Key Topics Covered in the Report:
- Australia Agrochemicals Market Size (FY’2023-FY’2033)
- Overview of Australia Agrochemicals Market
- Segmentation of Australia Agrochemicals Market By Product type (Adjuvants, Fertilizers, Pesticides, Plant Growth Regulators)
- Segmentation of Australia Agrochemicals Market By Application (Commercial Crops, Fruits & Vegetables, Grains & Cereals, Pulses & Oilseeds and Others,)
- Statistical Snap of Australia Agrochemicals Market
- Expansion Analysis of Australia Agrochemicals Market
- Problems and Obstacles in Australia Agrochemicals Market
- Competitive Landscape in the Australia Agrochemicals Market
- Impact of COVID-19 and Demonetization on Australia Agrochemicals Market
- Details on Current Investment in Australia Agrochemicals Market
- Competitive Analysis of Australia Agrochemicals Market
- Prominent Players in the Australia Agrochemicals Market
- SWOT Analysis of Australia Agrochemicals Market
- Australia Agrochemicals Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Australia Agrochemicals Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Australia Agrochemicals Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Australia Agrochemicals Market
7. Australia Agrochemicals Market, By Product type (USD Million)
7.1. Australia Agrochemicals Market Value Share and Forecast, By Product type, 2023-2033
7.2. Adjuvants
7.3. Fertilizers
7.4. Pesticides
7.5. Plant Growth Regulators
8. Australia Agrochemicals Market, By Application (USD Million)
8.1. Australia Agrochemicals Market Value Share and Forecast, By Application 2023-2033
8.2. Commercial Crops
8.3. Fruits & Vegetables
8.4. Grains & Cereals
8.5. Others
8.6. Pulses & Oilseeds
9. Australia Agrochemicals Market Forecast, 2019-2033 (USD Million)
9.1. Australia Agrochemicals Market Size and Market Share
10. Australia Agrochemicals Market, By Product type, 2019-2033 (USD Million)
10.1. Australia Agrochemicals Market Size and Market Share By Product type (2019-2026)
10.2. Australia Agrochemicals Market Size and Market Share By Product type (2027-2033)
11. Australia Agrochemicals Market, By Application, 2019-2033 (USD Million)
11.1. Australia Agrochemicals Market Size and Market Share By Application (2019-2026)
11.2. Australia Agrochemicals Market Size and Market Share By Application (2027-2033)
12. Australia Agrochemicals Market, By Region, 2019-2033 (USD Million)
12.1. Australia Agrochemicals Market Size and Market Share By Region (2019-2026)
12.2. Australia Agrochemicals Market Size and Market Share By Region (2027-2033)
12.3. Central Region
12.4. Southern Region
12.5. Northern Region
13. Company Profile
13.1. Bayer CropScience
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. BASF SE
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Corteva Agriscience
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Nufarm Ltd
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Syngenta AG
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
