PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1401346
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1401346
Global Agricultural Adjuvants Market is valued at approximately USD 3.65 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.7% over the forecast period 2023-2030. Agricultural Adjuvants are the additional additives in fertilizers and pesticides for healthy crop production and improve overall performance. The Agricultural Adjuvants Market is expanding because of factors such as an increase in the popularity of crop protection products and a rise in demand for high agricultural yield. However, a rise in the cost of agricultural plantations and strict laws associated with agricultural adjuvants tend to hinder market growth.
An increase in the popularity of crop protection products leads to growth in the Agriculture Adjuvants Market as this market also helps in healthy crop production according to Statista 2023, crop protection products were worth about USD 78.72 billion in 2022 which lead to increase in agriculture adjuvants market. According to OECD (Organization for Economic Co-operation and Development) total food consumption is expected to rise by 1.3 % per annum to 2032, indicating an increase in the share of agricultural commodities used as food this rapid increase in agriculture commodities leads to a rise in the crop protection market. The introduction of innovative crop protection products and collaboration between key players are opportunities for Agriculture Adjuvants Market to grow. For Example, In 2021, Attune Agriculture a agricultural adjuvant company partnered with Nufarm Grupo and manufactured Ampersand adjuvant in Mexico. This production resulted as a opportunity for the company as well as the market.
The key regions considered for the Global Agricultural Adjuvants Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 as it is the largest producer of the agriculture sector. Rising demand for staple food and other food products has pushed the need for high crop yield. Moreover, the support from governmental and private organizations to support agricultural production has led this market to grow in this region. Europe is expected to grow significantly over the forecast period, owing to factors such as that some European countries have resulted in growth in the production of crops additionally growing population in this region is a factor leading this market in this region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of tables and figures and dummy in nature, final lists may vary in the final deliverable