Zion Market Research Agrochemicals Market, 2016–2024 | Page 2

Agrochemicals Market
Global Agrochemicals Market: Overview
Agrochemicals are chemical products that are used on a wide range in the fields of horticulture, agriculture, and floriculture. The agrochemical products include fertilizers, pesticides, hormones and many other chemical growth agents. These are mainly used to protect the crops from insects, pests and also enhance their further growth and development.
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Global Agrochemicals Market: Growth Factors
The global agrochemicals market is driven by the increasing awareness among the farmers in the developing nations and also the new technological farming practices. The increasing population demand for food grains and the declining cultivable land due to industrialization and urbanization is also one of the main factors driving the global market growth. The crops such as fruits and vegetables, and cereals and grains, which are of high value, along with the protected crops have been gaining more return in investments, which help boost the global agrochemicals market. The demand for agricultural products from greenhouse system has resulted in the further growth in the market. The global agrochemicals market is driven by the increasing demand for pest-free crops and the various research and intellectual property rights along with shifting R & D investments are escalating the global agrochemical market growth. The market