Executive Summary
Market Performance
North America is the third largest agrochemicals market in the world with the largest contribution from the US market in terms of revenue and volume. Canada has extreme weather conditions that restrict the crop production; while US is facing another set of challenges such as drought and reducing arable land that has created the need for agrochemicals such as pesticides to save crops and increase production in the limited area.
Pesticides and fertilizers and the two major segments of the agrochemicals industry of which fertilizers account for almost 70% of the market.
In North America, Corn, Soyabean, Cotton and Wheat are the major crops produced however in 2019 due to the climatic conditions and the US – China trade war, production of the crops declined.
Demand for organic farming is rising worldwide and so as in North America. Rising health concerns, application of harmful chemicals in synthetic pesticides has given birth to organic farming. Rising awareness of enhanced farming practices and the US being one of the largest exporter of certain category of crops it becomes crucial to grow better quality of crops.
Scope of the Study
The synopsis presented has been derived from the report titled “North America Crop Protection Chemicals Market Analysis Outlook to 2026” published by Makreo Research and Consulting. The report provides a holistic perspective of past, present and future market performance. The report provides a comprehensive analysis of the US, Canada and Mexico crop production and application of crop protection chemicals. Report also decodes market by products (herbicides, insecticides, fungicides, and others), market by geographies (the US, Canada, Mexico), market segmentation by synthetic and bio-based pesticides. The report assesses future market performance and assess players performance during the review period.
Key Players covered
The key players covered in this report are:
Key Questions Answered
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