Nitin Sharma19 Dec, 2024Business
In 2024, the global agrochemicals market was valued at USD 297.7 billion. According to IMARC Group, the market is projected to reach USD 394.8 billion by 2033, growing at a CAGR of 3.2% during 2025-2033. The Asia Pacific region currently leads the market with a share exceeding 43.2% in 2024. This dominance is attributed to the region's expanding agricultural activities, rising food demand, and increasing adoption of advanced farming techniques to boost productivity.
 
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