Precision Agriculture Chemicals Market To Reach $13,109.8 Million By 2033

Precision Agriculture Chemicals Market Growth & Trends

The global precision agriculture chemicals market size is anticipated to reach USD 13,109.8 million by 2033, growing at a CAGR of 3.4% from 2025 to 2033, according to a new report by Grand View Research, Inc. The growth is driven by increasing climate variability and the growing need for resilience in crop production systems. Unpredictable rainfall patterns, rising temperatures, and higher frequency of droughts and floods are forcing farmers to adopt more controlled and adaptive input strategies. Precision-formulated fertilizers, targeted crop protection chemicals, and stress-mitigating biostimulants help farmers maintain productivity under variable climatic conditions by ensuring crops receive optimized nutrient and protection levels tailored to real-time field conditions.

Another important driver is the rising pressure on agricultural profitability due to increasing input costs and labor constraints. With fertilizers, pesticides, and water becoming more expensive, farmers are shifting toward precision chemical solutions that improve input efficiency and reduce wastage. At the same time, rural labor shortages, especially in developed regions, are accelerating the adoption of automated and precision-based application methods, which further support demand for chemicals that are compatible with modern application technologies such as drones, autonomous sprayers, and smart irrigation systems.

Precision Plant Growth Regulators chemicals based segment is anticipated to grow the fastest at a CAGR of 9.9% from 2025 to 2033. This market is driven by the increasing need to control crop development under variable climate conditions and intensive farming practices. These products help regulate plant height, flowering, fruit set, and stress tolerance, making them critical inputs for high-value and yield-sensitive crops. Their adoption is rising due to the expansion of protected cultivation, greenhouse farming, and vertical agriculture systems, where precise control of plant growth cycles is essential for consistent output and quality. Additionally, as growers look to maximize returns per hectare and manage climatic stress factors such as heat and drought, demand for precision PGRs continues to strengthen

The fruits & vegetables segment is anticipated to grow the fastest at a CAGR of 6.3% from 2025 to 2033. The market is driven by rising consumer demand for high-quality, residue-controlled, and visually uniform produce across both domestic and export markets. Since this crop category offers higher economic returns per hectare, growers are more willing to invest in precision chemicals that improve crop quality, shelf life, and yield consistency. The expansion of greenhouse farming, hydroponics, and urban agriculture is further boosting demand for precision crop inputs that enable optimized nutrient and growth management across different growth stages.

North America accounted for the largest revenue share of 29.0% in 2024. This is driven by high levels of mechanization, digital agriculture adoption, and a strong focus on operational efficiency. Large commercial farms extensively use GPS-enabled machinery, variable rate technology, and data-driven decision tools, which require precision-compatible fertilizers and crop inputs. Additionally, increasing labor shortages, rising input costs, and strict environmental regulations regarding nutrient management and pesticide use are encouraging farmers to shift toward more targeted and efficient chemical applications.

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Precision Agriculture Chemicals Market Report Highlights

• Based on product, the precision fertilizers chemicals segment accounted for the largest revenue share of 39.3% in 2024, driven by increasing fertilizer cost pressures and stricter environmental regulations related to nutrient runoff and soil degradation. These fertilizers enable targeted nutrient delivery based on soil nutrient status and crop growth requirements, minimizing losses and improving fertilizer use efficiency. The growing adoption of variable rate application technologies, soil testing services, and digital nutrient management platforms is further strengthening demand, as farmers seek to reduce input wastage while maintaining or improving crop yields.

• Based on applications, the cereals & grains industry segment accounted for the largest revenue share of 37.9% in 2024, driven by the need to enhance productivity in large-scale staple crop production systems, where yield volatility and nutrient inefficiency significantly impact farm economics. With pressure to improve food security and reduce excessive fertilizer usage, farmers are adopting precision fertilizers and site-specific application methods to optimize nutrient delivery across large cultivated areas. Government support programs promoting balanced nutrient management and sustainable farming practices are also contributing to increased adoption in major cereal-growing regions.

• Asia Pacific is expected to grow the fastest with a CAGR of 6.7% during the forecast period. This is fueled by the rapid modernization of the agricultural sector, rising food demand due to population growth, and increasing government initiatives promoting smart farming practices. Countries such as China and India are actively encouraging the use of soil testing, precision fertilizers, and controlled input application to reduce excessive agrochemical use. The expansion of high-value crop cultivation, greenhouse farming, and digital advisory services across the region is also significantly boosting demand for precision agriculture chemicals.

Precision Agriculture Chemicals Market Segmentation

Grand View Research has segmented the global precision agriculture chemicals market based on product, applications, and region:

Precision Agriculture Chemicals Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2033)

• Precision Fertilizers

• Precision Crop Protection Chemicals

• Precision Plant Growth Regulators

• Precision Soil Conditioner

• Microbial & Biostimulant-Based Inputs

• Other Products

Precision Agriculture Chemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2033)

• Cereals & Grains

• Oilseeds & Pulses

• Fruits & Vegetables

• Commercial Crops

• Turf & Specialty Crop

Precision Agriculture Chemicals Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

• Latin America

  • Brazil

  • Argentina

• Middle East & Africa

  • Saudi Arabia

  • South Africa

List of Key Players in the Precision Agriculture Chemicals Market

• BASF SE

• Dow

• DuPont

• SABIC

• Evonik Industries AG

• Huntsman Corporation

• Covestro AG

• Wacker Chemie AG

• Eastman Chemical Company

• Syngenta AG

• Mitsubishi Chemical Corporation

• LANXESS AG

• Solvay S.A.

• Albermarle Corporation

• AkzoNobel N.V.