Agrochemicals Market to Hit $355B by 2034 as Biologicals Rise
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Pune – September 28, 2026 -- The global agrochemicals market was valued at $245.15 billion in 2025 and is projected to reach $355.01 billion by 2034, growing at a 4.2% compound annual rate from 2026, according to a new report from Maximize Market Research.
Pest and disease pressure continues to drive nearly 40% of annual crop losses worldwide
Bayer noted in 2026 that plant diseases and pests can destroy up to 40% of global crops each year, while weeds alone can cut yields by close to 34%. This sustained pressure keeps demand elevated for herbicides, insecticides, fungicides, fertilizers and seed-treatment products across cereal, grain, fruit and vegetable production.