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The agrochemicals market size is expected to grow steadily, reaching an estimated value of USD 282.2 billion by 2028, up from USD 235.2 billion in 2023, at a compound annual growth rate (CAGR) of 3.7% during the forecast period. This growth is fueled by the rising global population, increased food demand, and agricultural intensification. Agrochemicals, encompassing fertilizers, pesticides, adjuvants, and plant regulators, play a pivotal role in safeguarding crops, enhancing yields, and maintaining food quality.
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