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Agrochemicals Market in South America 2021
Agrochemicals (also called agricultural chemicals) defines a wide range of specifically engineered chemicals, such as pesticides, insecticides, fungicides, and others that effectively enhance the crop productivity by increasing soil fertility and protecting the crops against pests and weeds. They play a crucial role in agriculture, as they improve crop performance, increase crop yields, and control pests and weeds that impede plant growth. The agrochemicals market in South America in terms of revenue is set to grow by US$ 8 billion during 2021-2027, growing at a compound annual growth rate (CAGR) of 4.6% during the forecast period, according to data and analytics company StrategyHelix. The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the agrochemicals market to help drive informed decision making for industry executives, policy makers, academic, and analysts.