South Africa Crop Protection Chemicals Market Share, Revenue, Trends, Growth Drivers, Demand, Key Players, Future Strategies and Competitive Analysis 2024-2033

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South Africa Crop Protection Chemicals Market Share, Revenue, Trends, Growth Drivers, Demand, Key Players, Future Strategies and Competitive Analysis 2024-2033: SPER Market Research


 Category : Agriculture

 Published: Jun-2024
 Author: SPER Analyst


South Africa Agrochemicals Market is projected to be worth USD 1.8 billion by 2033 and is anticipated to surge at a CAGR of 4.15%.

Agrochemicals are chemical or biological compositions that have been engineered to improve agricultural output and quality. Pesticides and fertilisers are two distinct types of agrochemicals. Unlike pesticides, which protect crops by killing or eliminating pests and weeds that could harm them, fertilisers increase crop quality by providing critical nutrients to both the crop and the soil. Given the current demographic crisis, increasing agricultural productivity on available arable land is critical to feeding the world's population. Agrochemicals are important in agriculture because they assist farmers improve the quality and quantity of their crops. Agrochemicals are fertilisers, insecticides, herbicides, and other chemicals used to increase agricultural yields and protect crops from pests. and diseases.

South Africa Agrochemicals Market Driving Factors and Challenges

Driving Factors- Growing worldwide population demands more food production, which in turn drives the need for improved crop yields to fulfil this demand, and these and other factors have been driving the agrochemicals market's steady growth over the years. Developments in agriculture, such as the creation of genetically modified crops with increased resistance to pests and diseases, have a technological impact on the market. Crop protection agents including fungicides, insecticides, and herbicides are in higher demand as a result of this.


Challenges- The organic fertiliser sector has grown alongside the organic food industry in emerging countries, with increased awareness of health, environmental protection, food safety, and animal welfare reforms. The market for organic food items is expanding, and the Organic Trade Association estimates that roughly 81% of American families have purchased organic food products at least once. Growing market demand for safe and healthy food items, as well as rising per capita income, are expected to continue pushing the organic food business and increasing the use of biofertilizers, which will have an impact on the consumption of chemical fertilisers.

Impact of COVID-19 on South Africa Agrochemicals Market
The COVID-19 epidemic has had both beneficial and negative effects on the agrochemicals business. The epidemic has boosted food demand due to panic buying and stockpiling, increasing the need for agrochemicals. Farmers have continued to employ agrochemicals to protect crops from diseases and pests while improving crop yields in order to meet this demand. However, the outbreak has affected the agrochemical supply chain, posing issues in logistics, workforce shortages, and production and shipping. As a result, the supply chain is now limited, and prices for some agrochemical goods have risen.

South Africa Agrochemicals Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as Bayer CropScience AG, BASF SE, Nutrien Ltd, CF Industries Holdings, UPL Limited, Sociedad Química y Minera de Chile (SQM), Yara International ASA, Archer-Daniels-Midland (ADM), Cargill Incorporated, Belaruskali, OCP Group, Land O' Lakes (Villa Crop Protection (Pty) Ltd, among Others.


South Africa Agrochemicals Market Segmentation:

By Type: Based on the Type, South Africa Agrochemicals Market is segmented as; Fertilizers, Pesticides, Adjuvants, Plant Growth Regulators.

By Application: Based on the Application, South Africa Agrochemicals Market is segmented as; Crop-based, Non-crop-based, other major crop.

By Region: This research also includes data for Cape, Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Limpopo, Mpumalanga, North West South Africa, Northern South Africa, Western South Africa.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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