Global Agricultural Adjuvants Market 2024 – Opportunity Analysis, Industry Trends, Business Segmentation And Forecast To 2033

The Agricultural Adjuvants by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Agricultural Adjuvants, The agricultural adjuvants market size has grown rapidly in recent years. It will grow from $4.14 billion in 2023 to $4.62 billion in 2024 at a compound annual growth rate (CAGR) of 11.7%.  The  growth in the historic period can be attributed to increased demand for agrochemicals, a rise in crop damage, and a rise in the adoption of agricultural adjuvants in organic farming.

The agricultural adjuvants market size is expected to see rapid growth in the next few years. It will grow to $7 billion in 2028 at a compound annual growth rate (CAGR) of 10.9%.  The growth in the forecast period can be attributed to reducing farming lands, increasing food demand, and rising precision farming practices. Major trends in the forecast period include  technological advancements, the launch of new innovative products, unmanned aerial vehicle (uav) spraying-based agricultural adjuvants, and partnerships and collaborations.

Reducing farming lands is expected to boost the agricultural adjuvants market during the forecast period. Available agricultural land is decreasing day by day, which is, in turn, increasing the burden of farmers to produce high yields under limited land resources. Adjuvants are mixed with pesticides to increase their efficacy and penetration to improve crop yield. For example, in 2022, the UK reported a decrease of 2.2% of the total utilized agricultural area. Additionally, according to the statistics released by the Australia Bureau Of Statistics, an Australia-based independent statutory agency, the total agricultural land in Australia was 369 million hectares in 2021-22, a decrease of 5% from 2020-21. Furthermore, according to the 2022 Farm and Land in Farms report released by the United States Department of Agriculture (USDA), a US-based federal agency responsible for forestry, ranching, and agriculture, in 2021, the farmland in the USA decreased by 1.3 million acres. Therefore, reducing farming lands is expected to drive the agricultural adjuvants market.

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The agricultural adjuvants market covered in this report is segmented –

1) By Type: Activator Adjuvants, Utility Adjuvants

2) By Formulation Type: Suspension Concentrates, Emulsifiable Concentrators

3) By Crop Type: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Other Crop Types

4) By Application: Herbicides, Insecticides, Fungicides, Other Applications

Top Major Players
Marubeni
Evonik Industries
Solvay Inc.
Nufarm Limited
The Dow Chemical Company

Companies in the agricultural adjuvants market are introducing new technological products to address farmer needs and improve product efficiency. For instance, in 2021, BASF, a Germany-based chemical company, launched Sentris buffering technology, a liquid buffering agent that increases and stabilizes the solution PH (potential of hydrogen) when added to herbicides and pesticide spray solutions, while it also reduces the risk of tank contamination by assisting with spray system cleaning and hygiene.

The agricultural adjuvants market report table of contents includes:
1. Executive Summary
2. Agricultural Adjuvants Market Characteristics
3. Agricultural Adjuvants Market Trends And Strategies
4. Agricultural Adjuvants Market – Macro Economic Scenario
5. Global Agricultural Adjuvants Market Size and Growth
……………………….
32. Global Agricultural Adjuvants Market Competitive Benchmarking
33. Global Agricultural Adjuvants Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Agricultural Adjuvants Market
35. Agricultural Adjuvants Market Future Outlook and Potential Analysis
36. Appendix

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