Global Agrochemicals Market Is Growing at CAGR of 3.67% During Period 2015 to 2022
The Global Agrochemicals Market accounted for $211.5 billion in 2014 and is expected to reach $282.3 billion growing at a Compound Annual Growth Rate (CAGR) of 3.67% during forecast period 2014 to 2022. The main drivers of the market include increase in population, Demand for food and Soil degradation. Whereas factors such as increase in ecological concerns and availability of Eco-friendly alternatives are hindering the market growth.
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