The global agrochemicals market size was valued at USD 224.9 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 3.2% from 2022 to 2030. The growth is attributed to the increasing demand for fertilizers and crop protection products in the field of agriculture across the globe. The increasing use of chemical fertilizers by farmers to supply nutrients to the crops and enhance their yield is a key factor driving the agrochemicals demand.