Global Agricultural Adjuvants Market Size (2022-2030) Share, Industry Trends, Growth, Challenges, and Forecast: Custom Market Insights

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.

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The Agricultural Adjuvants Market: Overview

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 water bodies in various nations is caused because of the use of various chemicals in excessive fashion and these chemicals run to the water bodies.

In recent years it has been noted that the groundwater in European nations contains excessive amounts of different types of pesticides. Add 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.

The Agricultural Adjuvants Market: 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.

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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 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.

The Agricultural Adjuvants Market: Key Insights

A) As per the analysis shared by our research analyst, the Agricultural Adjuvants market is estimated to grow annually at a CAGR of around 4.1% over the forecast period (2022-2030).
B) In terms of revenue, the Agricultural Adjuvants market size was valued at around USD 3.4 Billion in 2021 and is projected to reach USD 6.4 Billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
C) The presence of various regulations in different countries of the world which are associated with the registering and manufacturing of agricultural adjuvants makes it extremely difficult for the exporters to maintain their production facilities and comply with the specifications given by the country.
D) Constant research and development in this field have led to the enhancements of the technology which has led to an increased application of adjuvants in the crops. UAVs like drones have gained popularity in recent years due to the increased levels of precision.
E) Many countries like France and Germany how previous companies that are engaged in the manufacturing of agricultural adjuvants but the distribution, production, Linda when it comes to using of various products that are used for protecting the crops constant research and developmental activities will affect these industries to a great extent development and registration of these products is extremely difficult.

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The Agricultural Adjuvants Market: Regional Landscape

The Asia Pacific region will have the largest market share in the coming years and it has dominated the market in the past. It had accounted for a share of about 36% in the past in terms of revenue and it will continue to grow well. There are many factors that have led to the growth of the market in the Asia Pacific region which includes increased population, different types of crops, and the availability of vast stretches of arable land. Another reason that will help in the growth of the market is the increased purchasing power.

Rapid industrialization and urbanization are some of the factors that will lead to the growth of the market as the availability of land reduces. Agrochemicals are used on a large scale in order to increase yield and productivity. In the countries like Japan, China, and India there is a maximum consumption of agricultural adjuvants.

The North American region is also expected to grow well during the forecast period and it will expand at a compound annual growth rate of 2.7% in the coming year. There are many factors that will lead to the growth of the market and one of them is the increase in the agricultural activities of a few nations like Canada and the United States. advanced techniques for agriculture are used and there is the increased use of precision farming which will increase the need for the agrochemical in this region due to which the need for agricultural adjuvants will also continue to grow.

The Agricultural Adjuvants Market: Key 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.

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The Agricultural Adjuvants Market: Segments

By Type

Utility adjuvants
Activator adjuvants

By Application

Insecticides
Fungicides
Herbicides
Others

By Crop

Oilseeds and pulses
Cereals and grains
Fruits and vegetables
Others

The Agricultural Adjuvants Market: Regions

North America

The U.S.
Canada
Mexico

Europe

France
The UK
Spain
Germany
Italy
Rest of Europe

Asia Pacific

China
Japan
India
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

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This release was published on openPR.