Agricultural Adjuvants Market trends, share, industry size, growth, opportunities and forecast by 2030
An influential Agrigenomics Market report consists of an extensive study of diverse market segments and regions, emerging trends along with major drivers, challenges, and opportunities in the market. Market segmentation is a significant parameter that categorizes the market depending upon application, vertical, deployment model, end-user, and geography etc. This business research report also provides CAGR value fluctuation in percentage during the forecast period of 2022-2029 for the market. Additionally, Agrigenomics Market report has been structured by keeping in mind all the foremost aspects of the market research that put forth market landscape simply into focus.
An international Agrigenomics Market
report presents intelligent solutions to the multifaceted business challenges
and instigates an effortless decision-making process. Such a great report has
been prepared by a team of enthusiastic analysts, skilled researchers, and
experienced forecasters who work meticulously for the same.
Data Bridge Market Research analyses
that the agricultural adjuvants market is expected to reach USD 5.94 billion by
2030, which is USD 3.70 billion in 2022, registering a CAGR of 6.10% during the
forecast period of 2023 to 2030.
Market Overview:
An
agricultural adjuvant is any substance that enhances the efficiency of
pesticides, including herbicides, fungicides, insecticides, and many other
agents that eliminate or control unsolicited pests. Like medical adjuvant,
agriculture adjuvant is not directly responsible for eliminating or controlling
pests. These additives instead allow the pesticides to target, protect or
penetrate the organism by transforming a particular property of the spray
solution.
Some of the major players operating
in the agricultural adjuvants market are:
· Clariant AG (Switzerland)
· Solvay (Belgium)
· Corteva (U.S.)
· Dow (U.S.)
· Huntsman International LLC (U.S.)
· Evonik Industries AG (Germany)
· Ingevity (U.S.)
· Nufarm Canada (Canada)
· Croda International Plc (U.K.)
· BASF SE (Germany)
· Stepan Company (U.S.)
· Miller Chemical & Fertilizer,
LLC (U.S.)
· Lamberti S.p.A., (Italy)
· Momentive (U.S.)
· Syngenta (Switzerland)
· Nouryon (Netherland)
· Loveland Products, Inc. (U.S.)
Explore Further Details about This
Research Agrigenomics Market Report
https://www.databridgemarketresearch.com/reports/global-agrigenomics-market
Global Agricultural Adjuvants Market Dynamics
Drivers
· Growing
production of fresh fruits and vegetables
The increasing production of fresh
fruits and vegetables globally because of growing consumer health consciousness
will likely drive the market's growth. As per the Horticultural Statistic at A
Glance 2018, the production of fruits augmented from 74.9 to 97.4 million tons
from 2010-11 to 2017-18. Also, vegetable production increased from 133.7 to
184.4 million tons from 2010-11 to 2017-18. Hence the growing production of
fresh fruits and vegetables boosts the market growth.
· Increasing
demand for agrochemicals
Growing demand for agrochemicals is
likely to propel the growth of the agricultural adjuvants market. Agrochemicals
are those chemical products composed of pesticides, fertilizers, and
plant-growth hormones used in agriculture. An agricultural adjuvant is an
auxiliary that surges the effectiveness of an agrochemical. For instance, in
2021, according to the International Fertilizer Association, a France-based
non-profit organization, Nitrogen demand augmented by 4.3 Mt to 110.0 Mt from 2020 to 2021, accounting
for more than half of the global fertilizer use. Thus, the rising demand for
agrochemicals is boosting market growth.
Opportunities
· Growing
demand for green adjuvant
The growing demand for green
adjuvant is expected to create lucrative opportunities for market growth in
upcoming years. A growing focus on wellness and health among consumers is one
of the major factors for the growth of the demand for green adjuvants.
Consumers are progressively inclined toward organically produced foods. Hence, companies
are focusing on developing eco-friendly and bio-based adjuvants such as
modified vegetable oils, organo-modified siloxanes, and methylated seed oil.
· Increasing
partnerships between market players
The increasing partnership between
market players in the global agricultural adjuvants market will likely generate
ample opportunities within the market. For instance, in 2021, Attune
Agriculture announced its partnership with Nufarm Grupo to develop an Ampersand
adjuvant in Mexico. Ampersand adjuvant works more contrarily than normal
surfactants. At the same time, most spreaders or stickers rely on droplet
spread for leaf coverage. This partnership will help the company strengthen its
global market position.
Analysis on the market gives us
these points Agrigenomics Market
- To gain insights about the major regional insights in
which the Agrigenomics Market is flourishing.
- To strategically profile key players and comprehensively
analyze their Agrigenomics Market position in terms of ranking
and core competencies, and detail the competitive landscape for market
leaders
- Product Development/Innovation: Detailed insights on
the product approvals, R&D activities, and product launches in
the Agrigenomics Market Recent industry trends and developments
- To describe and forecast the Agrigenomics Market
, in terms of value, by process, product type, and industry.
- Potential and niche segments/regions exhibiting
promising growth
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