Global Agricultural Adjuvants Market 2024 – 2033

Reports Description

According to Research Study published by Custom Market Insights (CMI), The global Agricultural Adjuvants market size was estimated at USD 3.4 billion in 2021 and is expected to hit around USD 6.4 billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 4.1% from 2022 to 2030.

As there has been an increase in the need for protection of the crops with the use of chemicals the debate for agricultural adjuvants is expected to grow well in the coming years. As there has been an increase in awareness regarding the potential effects of excessive use of pesticides on the environment will lead to the growth of the market in the coming years.

The revenue of the agricultural adjuvant has increased in recent years due to a growing concern about the excessive use of pesticides. Large-scale contamination of the water bodies in various nations is caused because of the use of various chemicals in had excessive fashion and these chemicals run to the water bodies. In recent years it has been noted that the groundwater in the European nations contains excessive amounts of different types of pesticides. Add the Shelby another factor that will help in the growth of the market and major adoption of agricultural adjuvants in the European nations during the forecast period.

Excessive use of pesticides has also had a negative impact on aquatic life as these pesticides enter freshwater bodies. Even though many nations across the globe have built policies that have led to increased use of agricultural adjuvants but the formulations are somewhat similar to the pesticides and there are very slight changes as these rules and regulations are not very strict.

Growth Factors

One of the major factors that will lead to the growth of the agricultural adjuvants market is the increasing population of various nations across the world. The increasing population creates more demand for food and this shall lead to an increase in the demand for agricultural adjuvants in the forecast period. In the previous ten decades, the population of the world has increased fourfold and it will soon grow to 9.2 billion by the year 2050.

The production of food grains is increasing in many countries. In the previous years, about 305.45 million tons of food grains were produced in India. As the population of various nations is increasing supplying food to these nations has increased. The availability of farmland which could be calculated per family will continue to reduce in the coming years. And this shall be another factor that will help in the growth of the market during the forecast period. Crop pests are making these conditions worse as these pests cause infestation and lead to the loss of crops which is about 10 to 16% every year. Crop protection becomes one of the most crucial factors that will be considered by the farmers in the coming years in order to reduce the wastage of crops. This is possible with the increased use of agricultural adjuvants as they are better as compared to the pesticides on the market.

In order to improve the efficiency in protecting the crops with the help of chemicals even in various conditions, the demand for agricultural adjuvants is expected to grow and there shall be an increase in the number of innovations made due to which the market is expected to grow well during the forecast. Agricultural adjuvants help in increasing the efficiency of the crops and they are seen as secondary products. Adjuvants can be helpful when used along with fungicides, herbicides and insecticides. Adjuvants are used in agricultural functions as they help in ensuring that though chemicals used on the crops spread on them in a proper manner.

Farmers will continue to make use of the adjuvants as they help in bringing out better crops and they also help in increasing the amount of productivity. In the coming years, major opportunities will be provided in the market due to an increased need for green adjuvants. Green adjuvants will have a greater demand during the forecast period as the consumers have become aware of their wellness as well as their health. As there has been an increase in the trade for the consumption of organic products especially in the divisions like the United States the demand for agricultural adjuvants will continue to grow. Manufacturers have also changed their focus on the manufacturing of eco-friendly products in order to meet the demands of the market.

Segmental insights

Agricultural adjuvants market segment on the basis of the Type

On the basis of type, the segment of activator adjuvant has emerged as the largest global market pertaining to the huge number of shares it holds according to the global economy and the increasing demand among the potential consumers all over the world who emerged to be the major driving force for the growth of this particular segment under this category. The use of activator adjuvants has been observed in the agrochemical industry as the cost price of these products is quite low as compared to the other options available in the market such as utility adjuvants.

The raw material of activator element is readily available in the global market and hence it makes it quite easier for the manufacturers to produce this particular product without any hassle. The most common adjuvant which has been used is that of surfactant which is mainly utilized for herbicides which are categorized into water-soluble and systemic types herbicides.

In this segment of the utility type of adjuvants is foreseen to grow what would the period of time pertaining to the rising demand which has been experienced from the global market mainly for utilizing it in the form of pesticides for protecting the crops from weeds. Numerous types of adjuvants are available in the market according to the application for which it needs to be used. The major utility adjuvants that are available in the market on a regular basis include buffering agents drift control agents, water conditioning agents and compatibility agents.

Agricultural adjuvants market segment on the basis of Application

On the basis of application, the segment of insecticide has emerged as the largest global market pertaining to the increasing use of insecticides in the agricultural industry for farming which helps to prevent the infestation of crops with insects and pests and in turn, helps to increase the total produce obtained from the fields.

The huge demand which has been experienced in the global market for different crops like vegetables, fruits, grains and cereals has boosted the demand for high-quality pesticides and insecticides that have a better effect on insect infestation and at the same time protect the crops from unwanted diseases which hampers the total yield of the crop. They also help to prevent the various unwanted varieties of weeds that develop and the crops and hence protect the plants from undernutrition.

The total amount of insecticides that have been used all over the world is gradually increasing over the period of time pertaining to the increasing demand for food products among the people. Increasing shift two vegan diet insert of animal food products has also emerged as a major driving force for the growth of the insecticide market. The use of better quality insecticides has helped to avoid the germination of pests to great extent.

Agricultural adjuvants market segment on the basis of Crop

On the basis of crop, the segment of cereal and grains has emerged as the largest global market pertaining to the rapid consumption of these products among people all over the world which has emerged as a major driving force for this particular segment which is expected to grow further in a similar fashion. Grains and cereals have been considered the primary grow up that has been consumed all over the world and have also been utilized in multiple formats to make different food products.

The region of Asia Pacific has been observed to be the largest consumer of cereals and grains pertaining to the huge number of people who depend upon a vegan diet. Grains and cereals such as rice, Khan, oats, rye, wheat, barley and sorghum have emerged as the major products that have helped to make this segment a leading market player for training to the increasing demand for these products among the people. Agrochemicals along with the non-ionic type of surfactants are mostly utilized for grains and cereals which has helped the market to record a considerable revenue over the period of time.

The consumption of vegetables and fruits has increased over period of time pertaining to the rising awareness regarding health among people all over the world. This has emerged as a major driving force for increasing the consumption of such products among the people. The high demand for fresh fruits and vegetables all over the world is helping the segment to record considerable revenue over the period of time.

Report Scope

Regional Insights

On the basis of geography, the region of Asia Pacific has emerged as the largest global market Pertaining to the high demand for agricultural products among the people as it forms the primary food for most of the people belonging to this region. High demand for high-quality crops among the people has also emerged as a major driving force for the market. The presence of huge lands in this region has also been a major factor in boosting the demand for agricultural products among the farmers in order to prevent the crops from getting destroyed by pests and insects.

Agrochemicals have been utilized by the farmers in this region on a large scale with a view to increasing the total yield that has been obtained from the farms which have helped to boost the revenue over the period of time. The rapidly increasing demand for better quality products among potential consumers has emerged as a major driving force for the growth of the agricultural adjuvants market which is expected to increase further in the future as well. The region of North America has also contributed significantly to the growth of this particular market pertaining to the rapid technological development which has been observed in this region. The focus on agricultural products has increased to a great extent over a period of time which is the result of the increasing awareness among the people.

Key Market Players

• Aerzener Maschinenfabrik GmbH
• Atlas Copco AB
• Berkshire Hathaway
• Ciasons Industrial
• Desran Compressor
• Doosan Corporation
• Ebara Corporation
• Elgi Equipments Limited
• Gardner Denver Holdings
• Hitachi, Ltd.
• Indo-Air Compressors Pvt. Ltd.
• Ingersoll-Rand plc
• Kirloskar Pneumatic Company Limited
• Kobe Steel, Ltd.
• Mitsubishi Heavy Industries Ltd.
• NINGBO XINDA GROUP CO.
•  Stanley Black & Decker Corporation
• Suzler Ltd
• VMAC Global Technology Inc.

Recent developments

• February 2021 – a fermentation plant in the region of Louisiana was taken over by Stepan company with a view to complement the biosurfactant technology which was rhamnolipid based, which was taken over by Stepan from logos technology in the year 2020.

Segments covered in the report

By Type

• Utility adjuvants
• Activator adjuvantas

By Application

• Insecticides
• Fungicides
• Herbicides
• Others

By Crop

• Oilseeds and pulses
• Cereals and grains
• Fruits and vegetables
• Others

On the basis of Geography

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America