#Agriculture Adjuvants Market Size

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Agriculture Adjuvants Market Size, Share, Trends, Leading Players, Industry Outlook, and Forecast

The agriculture adjuvants industry is projected to grow from USD 3.8 billion in 2023 to USD 4.8 billion by 2028, growing at a CAGR of 4.7% during the forecast period. The agricultural adjuvants industry is growing because of the growing demand for sustainable pest management of farming operations. Additionally, the increased focus on food security is projected to fuel the development of agricultural adjuvants.

Agriculture Adjuvants Market Trends

The agriculture adjuvants market is expected to see continued growth in the coming years, driven by several key trends:

Increasing demand for food: A growing global population with rising incomes will put pressure on food production. Adjuvants can help farmers improve crop yields to meet this demand.

Focus on sustainable agriculture: There’s a growing emphasis on environmentally friendly farming practices. Adjuvants can help by increasing the effectiveness of pesticides, allowing farmers to use less of them.

Precision agriculture: Advancements in agricultural technologies like precision farming are creating a need for more targeted and efficient crop protection strategies. Adjuvants can play a role here by improving the application and efficacy of crop protection products.

Agriculture Adjuvants Market Opportunities: Precision farming techniques to boost the application of adjuvants

Precision farming techniques, including aerial spraying, smart irrigation, and variable rate application, are becoming increasingly popular worldwide. Agriculture adjuvants enhance the effectiveness of these methods by improving the coverage, absorption, and penetration of agrochemicals. This optimization creates significant opportunities for adjuvant manufacturers.

Based on application, the herbicides segment accounted for the largest share of the agriculture adjuvants market.

Herbicides are widely used in agriculture for weed control. Weeds compete with crops for resources such as nutrients, sunlight, and water, leading to reduced crop yields. The rise of herbicide-resistant weeds is a significant concern in agriculture. Herbicide-resistant weed populations have been increasing globally, making weed control more challenging. To manage these challenges, agricultural adjuvants are increasingly being used.

Based on crop type, cereal & grain accounted for the fastest market share of the agriculture adjuvants market.

Cereal and grain crops, such as wheat, corn, rice, barley, and oats, are staple food crops cultivated extensively worldwide. Cereal and grain crops have high commercial value due to their widespread consumption as food, animal feed, and raw materials for various industries. The large-scale cultivation of these crops leads to significant demand for crop protection products, including adjuvants, to ensure optimal yield and quality.

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The North American market is projected to contribute the largest share of the agricultural adjuvants market.

The demand for agriculture adjuvants in North America is experiencing notable growth due to the increasing use of precision farming in the region. This creates a favorable business environment for adjuvants manufacturers and consumers in the region. North America has the presence of major agricultural adjuvants companies, that offer a wide range of products catering to different crop types and application requirements.

Agriculture Adjuvants Companies

The key players in the agriculture adjuvants market include Corteva Agriscience (US), Evonik Industries AG (Germany), Croda International Plc (UK), Nufarm Limited (Australia), Solvay SA (Belgium), BASF SE (Germany), Huntsman International LLC. (US), Clariant AG (Switzerland), Helena Agri-Enterprises, LLC (US), WILBUR-ELLIS AGRIBUSINESS (US), Precision Laboratories, LLC (US), and CHS Inc. (US). A primary focus was given to new product development to meet the growing demand from farmers. Additionally, acquisitions and deals were other key strategies adopted by these players to expand their presence in the agricultural adjuvants space.

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Agriculture Adjuvants Market Innovations, Growth Drivers, and Future Prospects

The agriculture adjuvants market size is projected to grow from USD 3.8 billion in 2023 to USD 4.8 billion by 2028 growing at a CAGR of 4.7% during the forecast period. The agricultural adjuvants industry is growing because of the growing demand for sustainable pest management of farming operations. Additionally, the increased focus on food security is projected to fuel the development of agricultural adjuvants.

Agriculture Adjuvants Market Driver: Increase in the use of natural & sustainable adjuvants

Awareness of the environmental and health risks posed by chemically derived adjuvants has been increasing. Consequently, government authorities and adjuvant manufacturers are now prioritizing renewable and sustainable products. Companies are actively addressing the demand for natural adjuvants. For example, in March 2020, Stepan Company acquired Logos Technologies LLC's NatSurFact business, which offers a line of bio-surfactants based on rhamnolipids sourced from renewable materials.

Agriculture Adjuvants Market Opportunities: Precision farming techniques to boost the application of adjuvants

Precision farming techniques, such as aerial spraying, smart irrigation, and variable rate application, are gaining popularity worldwide. Agriculture adjuvants optimize the performance of these techniques by ensuring better coverage, absorption, and penetration of agrochemicals, thereby creating opportunities for adjuvant manufacturers.

The cereals & grains crop type segment held the largest market share in the agricultural adjuvants market in 2022

Agricultural adjuvants play an essential role in agriculture’s cereal and grain segment. According to FAO, in 2022/23, global cereal production stood at 2,786.6 million tons, with wheat contributing 800.9 million tons and rice 516.9 million tons of production. With the growing production and demand for cereals & grains, the utilization of agricultural adjuvants is growing. Celeral & grains are consumed as a staple food in most countries worldwide, and protecting these crops from weather, pests, and weeds requires agricultural adjuvants. This is increasing the demand for agricultural adjuvants in cereals & grains.

North America held the largest share of the agricultural adjuvants market in 2022

The demand for agricultural adjuvants in North America is experiencing substantial growth due to several key factors. The increased cultivation of industrial crops such as corn and soybean is a major driver of this market expansion. According to reports from the United States Department of Agriculture (USDA), the US produced 13.7 billion bushels of corn and 4.28 billion bushels of soybean in 2022. Despite a decline in the production of these crops in 2021, the use of agricultural adjuvants in the region is rapidly increasing.

Top Companies in the Agriculture Adjuvants Market

The key players in the agriculture adjuvants market include Corteva Agriscience (US), Evonik Industries AG (Germany), Croda International Plc (UK), Nufarm Limited (Australia), Solvay SA (Belgium), BASF SE (Germany), Huntsman International LLC. (US), Clariant AG (Switzerland), Helena Agri-Enterprises, LLC (US), and CHS Inc. (US).

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Agricultural Adjuvants Market Outlook On The Basis Of Product, Application, Source, Formulation, Type By Crop, Region And Forecast to 2030: Grand View Research Inc.

San Francisco, 17 Nov 2023: The Report Agricultural Adjuvants Market Size, Share & Trends Analysis Report By Product, By Application, By Source, By Formulation, By Type by Crop, By Region, And Segment Forecasts, 2023 – 2030 The global agricultural adjuvants market size is expected to reach USD 5.25 billion by 2030, registering a CAGR of 4.7% from 2023 to 2030, according to a new report by Grand…

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The Role of Agrochemicals in Feeding a Growing Global Population

Agrochemicals are chemical products used in agriculture to enhance crop yield and protect crops from pests, diseases, and weeds. They include fertilizers, pesticides (such as herbicides, insecticides, and fungicides), plant growth regulators, adjuvants, and others. The primary goal of agrochemicals is to improve the productivity and quality of crops.

Agrochemicals Market Growth Drivers

Increasing Food Demand: With a growing global population, there is a rising demand for food production, driving the need for agrochemicals to enhance crop yield.

Technological Advancements: Innovations in agrochemical formulations and delivery methods, such as controlled-release fertilizers and bio-based pesticides, are contributing to market growth.

Government Support: Many governments worldwide support agricultural practices and provide subsidies for agrochemical use to ensure food security.

Rising Awareness of Crop Protection: Increased awareness of the benefits of using pesticides and fertilizers to protect crops from diseases and pests.

Agrochemicals Market Analysis

The agrochemicals market has been growing steadily due to the rising demand for food, population growth, and the need for higher agricultural productivity. The agrochemicals market has been influenced by some of the macroeconomic and microeconomic factors occurring in some of the key countries around the globe. This would prove potential enough to drive the market significantly in terms of value sales during the forecast period. The agrochemicals market size is estimated to be valued at USD 235.2 billion in 2023. It is projected to reach USD 282.2 billion by 2028, recording a CAGR of 3.7% during the forecast period. With the rise in demand and preference for organic food products, agrochemical manufacturers have been strategizing to develop organic farm-friendly natural plant growth promoters. These products are supervised and certified by regulatory bodies, such as the US Department of Agriculture (USDA) and the European Food Safety Authority, among others, in respective regions.

How do the principles of the 4Rs (right source, right rate, right time, right place) enhance the integration of agrochemicals in precision farming?

Various precision agriculture tools help farmers assess and manage the nutrient requirements of their crops. These tools include the 4Rs principle—right source, right rate, right time, and right place—along with soil sensors, variable rate prescriptions, yield maps, decision support software, soil mapping, multispectral imaging, auto-guidance systems, and leaf color charts. Precision farming also integrates data analytics, artificial intelligence (AI), and sensor systems to accurately determine the specific amounts of fertilizer and water needed by crops at any given moment. Autonomous vehicles are then used to apply these nutrients in precise quantities and locations.

Know about the assumptions considered for the study

While applying fertilizers is essential for enhancing soil productivity, excessive use can severely harm soil health. To address this, researchers at Imperial College London developed a predictive testing kit in 2022. This kit enables farmers to measure current levels of ammonia and nitrate in the soil and predict future levels based on climatic conditions. This innovation allows for more customized and efficient fertilizer application, tailored to the specific needs of each soil type and crop.

Global Quest for Higher Crop Yields Accelerates Agrochemicals Market Expansion

Ongoing advancements in agricultural technology have transformed farming practices. As agricultural commodities are increasingly exported and imported across diverse regions, particularly in developing areas, new harmful organisms have emerged, heightening the demand for innovative active ingredients to protect crops. The globalization of the agrochemical industry has a significant impact on the crop protection markets in Asia. With the highest population growth rate, rising food production needs, and robust economic development, there is a growing demand for various agrochemicals, including herbicides and pesticides.

Cereals & Grains Hold a Significant Agrochemicals Market Share

The consumption of cereals and grains is essential to meet the dietary needs of an expanding global population. To keep up with this increasing demand, it is necessary to boost the yield of cereals and grains. The use of agrochemicals plays a significant role in achieving this by enhancing crop productivity. According to FAO reports, global cereal utilization is expected to rise in 2023/24 compared to previous years, with higher global cereal stocks projected by 2024. This indicates a stable supply of cereals to satisfy demand. The rising demand for cereals underscores the need to improve agricultural productivity, which may drive increased use of agrochemicals to maximize yields and meet global food requirements.

Innovative Breakthroughs: What’s New in the Global Agrochemicals Market?

In August 2023, Bayer AG invested USD 231.3 million in the construction and development of a new R&D facility at its Monheim site. This was the largest single financial investment in crop protection made in Germany within the past forty years. The R&D facility was meant to accommodate some 200 employees. Bayer was well on the way to developing the next generation of safe and sustainable crop protection products, with a number of advanced safety measures, including early safety screens and artificial intelligence.

In April 2024, UPL announced the completion of the acquisition of Corteva Agriscience's global Mancozeb fungicide business ex-China, Japan, South Korea, the UK, Switzerland, and the countries in the EU. Mancozeb is a highly effective fungicide used for preventing plant diseases across various crops and was part of the acquired business.

ADAMA announced the launch of Avastel, Maganic, Maxentis, and Forapro fungicides in April 2024. This expansion broadened ADAMA's product portfolio.

Agrochemicals Industry Trends

Bio-based Agrochemicals: There is a growing trend towards organic farming and sustainable agricultural practices, leading to increased demand for bio-based agrochemicals.

Precision Agriculture: The adoption of precision farming techniques is boosting the demand for efficient and targeted agrochemical application.

Integrated Pest Management (IPM): IPM strategies are gaining popularity as they combine biological, mechanical, and chemical methods to control pests, reducing the excessive use of chemical pesticides.

Digital Agriculture: The use of digital tools and platforms for monitoring and managing crops and agrochemical usage is an emerging trend.

South America's Agrochemical Market Set to Reach USD 73.2 Billion: The Role of Brazil and Argentina

Growth in South America is largely driven by Brazil and Argentina, two of the world's leading agricultural producers, whose expansion is expected to surpass the regional average. Both countries are major soybean producers, making significant contributions to global oilseed production. Favorable trade policies in South America have further supported the growth of oilseeds. According to FAOSTAT's 2022 report, Brazil ranks among the top four largest agricultural producers due to its vast land and labor resources, with Argentina following closely. The region's growth is also fueled by increased adoption of agrochemicals and advancements in farming techniques, supported by global agrochemical companies establishing robust distribution networks in Brazil and Argentina.

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Agricultural Adjuvants Market To Reach $5.25 Billion By 2030

August 2024 | Report Format: Electronic (PDF) Agricultural Adjuvants Market Growth & Trends The global agricultural adjuvants market size is expected to reach USD 5.25 billion by 2030, registering a CAGR of 4.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Industry growth is majorly driven by the increasing demand for crop protection chemicals for improving the…

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Agricultural Surfactants Market Size, Revenue Share, Drivers & Trends Analysis, 2024–2030

The Global Agricultural Surfactants Market is projected to witness substantial growth over the coming years, driven by the increasing adoption of sustainable farming practices and advancements in agricultural technology. The agricultural surfactants market is expected to grow significantly over the forecast period due to the rising need for crop protection and improved productivity. Agriculture surfactants have ability to lower spray droplet surface tension, which improves plant surface adhesion and coverage. Surfactants are used to increase agrochemical penetration and their efficacy. By mitigating the evaporation of spray droplets, these surfactants extend the duration it takes for agrochemicals to reach their intended targets, thereby optimizing their performance.

Agricultural surfactants are a kind of adjuvants used to enhance a pesticide spray mixture's absorbing, spreading, penetrating, sticking, and dispersing/emulsifying qualities. Surfactants increase the compatibility of different agrochemicals, which improves their performance and efficacy. This result may lessen the need for effort in the process of effective crop management that ultimately leads to increased crop yields and better quality.

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Key Drivers of Market Growth

Sustainable Agriculture and Environmental Concerns: The demand for sustainable agricultural practices is on the rise as farmers and agricultural companies strive to meet regulatory standards and consumer expectations for environmentally friendly products. Agricultural surfactants, which aid in the efficient application of agrochemicals, play a crucial role in minimizing the use of chemicals and promoting sustainable farming.

Technological Advancements: Innovations in surfactant formulations and the development of bio-based surfactants are significant growth drivers. These advancements not only enhance the performance of agrochemicals but also address the growing concerns over the environmental impact of traditional surfactants.

Increasing Agricultural Productivity: With the global population steadily increasing, the pressure to boost agricultural productivity is immense. Surfactants help in maximizing the efficacy of herbicides, insecticides, and fungicides, leading to higher crop yields and improved food security.

Expansion of Organic Farming: The rise of organic farming, which often relies on natural and less harmful chemicals, is creating opportunities for the development and use of bio-based surfactants. These products are gaining traction for their compatibility with organic farming principles.

Market Segmentation

The agricultural surfactants market is segmented based on type, application, substrate, and region.

By Type: Non-ionic, anionic, cationic, and amphoteric surfactants.

By Application: Herbicides, fungicides, insecticides, and others.

By Substrate: Synthetic and bio-based surfactants.

By Region: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

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Key Market Players

Leading companies in the agricultural surfactants market are investing in research and development to create more effective and environmentally friendly products. Key players include BASF SE, DowDuPont Inc., Evonik Industries AG, Huntsman Corporation, and Clariant International Ltd.

Future Outlook

The future of the agricultural surfactants market looks promising, with continuous advancements in technology and an increasing focus on sustainability. The development of innovative surfactant formulations and bio-based alternatives is expected to drive market growth, providing farmers with effective tools to enhance crop productivity while adhering to environmental standards.

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Agrochemicals Products: Understanding Size, Share, and Growth Trajectories

The global agrochemicals market size is anticipated to reach USD 390.17 billion by 2030, growing at a CAGR of 5.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The demand for agrochemicals is projected to be driven by a surging need for fertilizers and crop protection products in the agricultural sector on a global scale. The growing usage of fertilizers by farmers around the world to supply essential nutrients to crops and boost their productivity stands as a significant driver for the agrochemicals demand.

Agrochemicals Market Report Highlights

Based on product, the crop protection chemicals segment is expected to witness the highest CAGR of 5.7% from 2024 to 2030. Crop protection chemicals include insecticides, fungicides, herbicides, and other products like rodenticides and bactericides. The increased utilization of these products in the agricultural sector, aimed at enhancing crop yields by safeguarding crops against pests and weed incursions, is a key driver of the market.

Based on application, the fruits & vegetables segment is likely to grow at the highest CAGR of 6.0% from 2024 to 2030. This is mainly due to the increasing consumption of vegetarian foods globally. Additionally, the growing demand for fresh fruits and vegetables due to increasing health consciousness among consumers is a key driving factor.

Asia Pacific is expected to witness the fastest growth of 6.1% from 2024 to 2030. The robust regional growth can be attributed to factors such as the expanding population, driving a heightened demand for nutritious food, as well as the increasing production of agricultural commodities in countries such as India, China, Japan, and Australia. Furthermore, India and China, both being agrarian and most populous economies with ample arable land, experience substantial demand for fertilizers.

In October 2023, Bayer launched a bio-fungicide product, SERENADE SC,  that boosts crop quality and yield, thereby offering an effective, safe, and eco-friendly crop protection solution for Vietnamese farmers.

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Due to the rapid population growth, farmers are facing the challenge of producing greater amounts of food grains within a limited timeframe. Additionally, the availability of arable lands has decreased due to urbanization, industrialization, and population growth, placing additional pressure on farmers to maximize crop yields within limited land resources. This is a significant concern for economies heavily reliant on agriculture, such as India. Consequently, farmers are compelled to use fertilizers, crop protection chemicals, and other agrochemicals to enhance their yields, thus boosting the product demand.

However, synthetic agrochemicals, including fertilizers, pesticides, and plant growth regulators, are commonly used in agriculture, but they can be harmful. Strict regulations, especially in Europe and North America, limit their use. Some countries, like Germany and the UK, support organic alternatives such as biofertilizers and biopesticides. Thus, regulatory bodies like REACH and the EPA hamper industry growth.

As the agrochemical market is influenced by a rise in regulations, there has been a robust demand for environment friendly products. This trend has led manufacturers to focus on developing bio-based agricultural products. For example, Marrone Bio Innovations uses naturally occurring microorganisms and plants to create high-performance, eco-friendly agricultural products that promote crop health and manage pests, weeds, and crop diseases.

List of major companies in the Agrochemicals Market

Royal Dutch Shell plc

OCP Group

SABIC

PhosAgro

Yara International

Rashtriya Chemical Fertilizer Ltd.

Adjuvants Plus Inc.

Merck KGaA

Praxair Technology, Inc.

Southern Agricultural Insecticides, Inc

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Adjuvants Market Size to be Worth USD 7.9 billion by 2031

The global adjuvants market is estimated to flourish at a CAGR of 6.7% from 2022 to 2031. According to Transparency Market Research, sales of adjuvants are slated to total US$ 7.9 billion by the end of the aforementioned period of assessment.

Emerging agricultural practices demanding reduced chemical usage have fueled the demand for adjuvants, amplifying their role in optimizing pesticide and herbicide effectiveness. The rise in precision farming techniques, coupled with a growing emphasis on sustainable agriculture, has prompted increased adjuvant use to enhance the performance of crop protection products.

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Key Findings of the Market Report

Microbial products show promising growth, leading the adjuvants market with innovative formulations and sustainable solutions for agriculture.

Insecticides lead in the adjuvants market, fostering efficient formulations to enhance insecticide efficacy in agricultural practices.

North America spearheads the adjuvants market, displaying significant growth due to technological advancements and the adoption of innovative agricultural practices.

Adjuvants Market Growth Drivers & Trends

Incorporating blockchain for tracking and ensuring the authenticity of adjuvant ingredients and formulations.

Adjuvant solutions are designed to work with remote sensing technologies for real-time crop health monitoring and treatment.

Supporting crops combating non-living stressors like salinity, drought, and extreme temperatures.

Tailoring adjuvants per specific crop needs, geographic regions, and farming practices.

Formulations designed to improve seed treatment effectiveness, ensuring better germination rates and early-stage plant protection.

Global Adjuvants Market: Regional Profile

North America remains at the forefront, driven by technological advancements and a robust focus on sustainable agricultural practices. The region's emphasis on precision farming fuels the demand for adjuvants, optimizing crop protection. Stringent regulatory norms emphasizing reduced chemical usage elevate the significance of adjuvants in enhancing the effectiveness of pesticides and herbicides.

In Europe, a growing environmental consciousness propels the development of eco-friendly adjuvants derived from natural sources. This shift aligns with the region's commitment to sustainable agriculture, fostering innovations that cater to environmentally conscious farming practices.

The Asia Pacific region demonstrates promising growth potential fueled by increased agricultural activities and modernization. Adopting advanced farming methods and rising demand for high-quality crops drive the need for adjuvants, leading to market expansion and technological innovations to meet evolving agricultural demands.

Adjuvants Market: Competitive Landscape

The adjuvants market boasts a competitive landscape with critical players striving for innovation and market dominance. Industry giants such as BASF SE, Dow Chemical Company, and Adama Agricultural Solutions are pivotal in shaping market dynamics through extensive R&D investments, product diversification, and strategic collaborations.

Intensifying competition compels companies to prioritize sustainable formulations, capitalize on technological advancements, and expand their global footprint, driving a dynamic landscape characterized by innovation and strategic maneuvers to meet evolving industry demands. Some prominent manufacturers are as follows:

SPI Pharma

Biostadt India Limited

Clariant

Peptech Bioscience

Croda International

Ora Agri Europe S.A

Aphios Corporation

Seppic

Mukta Industries

Global Adjuvant Company

Adjuvatis

Ingevity

Adjuvants Market: Key Segments

By Type

Oil Emulsions

Mineral Salts

Microbial Products

Cytokines

Saponins

Others

By Application

Herbicides

Insecticides

Fungicides

Human Vaccine

Veterinary Vaccine

Others

By Region

North America

Latin America

Europe

Asia Pacific

Middle East & Africa

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The agriculture adjuvants market size is projected to grow from USD 3.8 billion in 2023 to USD 4.8 billion by 2028, growing at a CAGR of 4.7% during the forecast period. The agricultural adjuvants industry is growing because of the growing demand for sustainable pest management of farming operations.

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The Global Agricultural Adjuvants Market: Analysis and Forecasts

The global agricultural adjuvants market size is expected to reach USD 6.58 billion by 2030, growing at a CAGR of 6.53% during the forecast period (2022–2030). Agricultural adjuvants play a crucial role in enhancing the efficacy of agrochemicals, thereby improving crop performance and yields. This article explores the current landscape, key drivers, emerging trends, and future prospects of the…

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The Agricultural Activator Adjuvants Market refers to the industry involved in the production, distribution, and utilization of adjuvants in agriculture. Adjuvants are substances or chemicals added to pesticides, herbicides, and other agrochemicals to enhance their performance and effectiveness.