Agricultural Adjuvant Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, India, France, Brazil - Size and Forecast 2024-2028

Agricultural Adjuvant Market Forecast 2024-2028

The Global Agricultural Adjuvant market is projected to reach a value of USD 1.22 billion with a CAGR of 5.66% between 2023 and 2028. The market growth relies on several factors, notably the heightened utilization of herbicides and a surge in demand for agricultural adjuvants across developing nations. Simultaneously, the diminishing availability of arable land poses a significant challenge, prompting the agricultural sector to explore innovative solutions for sustainable farming practices. This confluence of factors underscores the necessity for ongoing advancements in agricultural technologies and practices to ensure the efficient and effective utilization of resources amid evolving environmental and economic landscapes, thereby driving the trajectory of the agricultural adjuvants market.

What will be the Size of the Market During the Forecast Period?

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The market is witnessing significant growth driven by various factors such as the increased use of pesticide spray and the adoption of NatSurFact, a Rhamnolipid-based line of bio-surfactants, to mitigate environmental and health risks. Stringent regulatory guidelines enforced by the EPA are shaping the market landscape, driving farmers to integrate advanced agricultural technologies like soil testing, crop scouting, and yield monitoring into their farming operations. Additionally, the market is influenced by factors like spray-mix incompatibilities, the emergence of GMO crops, and the shift towards sustainable pest management practices. As the agricultural sector embraces biotechnology and seeks solutions from fertilizer companies, adherence to regulations and considerations of crop quality remain pivotal in the utilization of adjuvants and other crop protection chemicals for promoting sustainable agriculture and enhancing farming practices.

Market Dynamics and Customer Landscape

The implementation of field georeferencing techniques and the utilization of insecticides and PGR to enhance crop yields. Farmers are increasingly mindful of the properties of pesticides and the associated environmental and health risks, prompting a shift towards more sustainable agricultural practices. Adjuvants, alongside chemical preservatives and crop protection chemicals, play a vital role in ensuring the efficacy and safety of pesticide applications while promoting sustainable agriculture. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

Increased use of herbicides is notably driving the global agricultural adjuvants market growth. Herbicides are more effective when they are evenly distributed, adhere to weed surfaces, and penetrate plant tissues effectively. Agricultural adjuvants such as surfactants and wetting agents, can enhance these aspects, resulting in improved weed control. Herbicide drift can occur when herbicide droplets are carried by the wind to unintended areas, potentially causing damage to non-target plants and the environment. The applications of herbicides are spread across different types of crops, including cereals, grains, fruits, vegetables, oilseeds, and pulses.

However, the shift in consumer preferences toward fruits and green vegetables, propelled by the rising awareness regarding health and fitness, fuels the use of herbicides in agricultural applications. Thus, the increasing adoption of herbicides is expected to boost the market growth and trends during the forecast period.

Major Market Trends

Growing emphasis on sustainable agriculture is an emerging trend shaping the market growth. Sustainable agriculture aims to minimize the use of synthetic chemicals, including pesticides and herbicides. Agricultural adjuvants can improve the efficacy of these chemicals, allowing farmers to achieve the same level of pest and weed control with lower chemical usage. Sustainable farming practices prioritize environmental protection. Adjuvants that reduce chemical drift, runoff, and the overall environmental footprint of agricultural chemical applications are in demand. Sustainable agriculture seeks to optimize resource use, including water and energy. 

In addition to that, sustainable agriculture places a premium on maintaining crop health and preventing yield loss. Adjuvants improve the coverage, adhesion, and penetration of pesticides and fungicides, leading to more effective crop protection. Sustainable farming often involves precision agriculture technologies, and adjuvants are used to optimize chemical applications within precision agriculture systems. Thus, a growing emphasis on sustainable agriculture will drive the growth of the market during the forecast period. 

Significant Market Challenge

Growing concerns related to health risks is a significant challenge hindering the market growth. Farmers and their families are prone to diseases due to exposure to synthetic fertilizers, pesticides, and other agrochemicals. Some of these risks are increased chances of cardiovascular diseases by 40%, leukemia and lymphoma by 80%, and prostate cancer in male farmers by 136%. Children who are exposed to pesticides are twice as likely to develop brain cancer than others. Another study suggests that healthy American farmers face higher chances of developing leukemia, Hodgkin disease, non-Hodgkin lymphoma, and other forms of cancer.  

Moreover, pesticide exposure is a common way of acquiring MCS, which leads to symptoms such as dizziness, cardiovascular problems, and muscle and joint pains. Thus, rising concerns over the impact of using synthetic agrochemicals on the health of farmers are also expected to impede the growth of the market during the forecast period. 

Customer Landscape

The market growth analysis report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market research and growth report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

 Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

BASF SE - The company offers agricultural adjuvants such as Agnique BL 3095 and Dash HC

The market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

• Bayer AG
• BRANDT Inc.
• Clariant International Ltd.
• Corteva Inc.
• Croda International Plc
• GarrCo Products Inc.
• Huntsman International LLC
• Interagro UK Ltd.
• Lamberti SpA
• Land O Lakes Inc.
• Marubeni Corp.
• Nouryon Chemicals Holding BV
• Nufarm Ltd.
• Precision Laboratories LLC
• RAG Stiftung
• Simplot Grower Solutions
• Solvay SA
• Stepan Co.
• Wilbur Ellis Holdings Inc.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Our market forecasting report includes data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Segmentation

The advancements in precision farming techniques like field georeferencing and smart irrigation, which optimize resource utilization. Tank mixture formulations incorporating bio-based adjuvants enhance pesticide effectiveness while minimizing pesticide waste. Additionally, the adoption of organic adjuvants aligns with the trend towards sustainable agriculture and the demand for organic food products. Concerns over environmental and health risks prompt the exploration of alternatives such as the Rhamnolipid-based line of bio-surfactants like NatSurFact, reducing reliance on traditional petroleum-oil-based adjuvants. With a focus on enhancing agrochemical efficiency and mitigating environmental issues, the market continues to evolve to meet the demands of modern farming practices and address global food production challenges.

By Type

The activator adjuvants segment is estimated to witness significant growth during the forecast period. Activator adjuvants are used in agriculture to enhance the effectiveness of herbicides and improve weed control. These adjuvants are added to herbicide formulations or tank mixes to increase herbicide performance by promoting better absorption, translocation, and overall efficacy. 

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The activator adjuvants segment was the largest segment and was valued at  USD 2.39 billion in 2018. activator adjuvants are chosen based on their compatibility with the specific herbicides being used. Properly selected adjuvants ensure that the herbicide and adjuvant mixture remains stable and effective during use. Activator adjuvants can help reduce drift during herbicide application, minimizing the risk of off-target damage to nearby crops, vegetation, or sensitive areas. Thus, these factors will promote the growth of the activator adjuvant segment, which will boost the market in focus during the forecast period.

Regional Analysis

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North America is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market is expected to grow in the region during the forecast period. The need for effective crop protection solutions to combat pests, diseases, and weeds continues to grow as North American farmers aim to maximize crop yields. Agricultural adjuvants play a vital role in optimizing the performance of these crop protection products. North American farmers are increasingly adopting sustainable and environmentally friendly farming practices. Agricultural adjuvants can help reduce the overall number of pesticides and herbicides needed, aligning with sustainability goals.

In addition, the North American market includes diverse agricultural sectors, including specialty crops such as fruits, vegetables, and high-value crops. These crops often require specialized pest and disease management, creating opportunities for adjuvant use. Changing weather patterns and climate variability can affect pest and disease pressure in North American agriculture. Adjuvants can assist in adapting to these changes by optimizing chemical applications. Thus, these factors will drive the growth of the market focus during the forecast period.

Market Analyst Overview

The Global Agricultural Adjuvants Industry, integral to crop protection chemicals, drives market revenue with innovations addressing environmental concerns. As PAN Europe focuses on European freshwater systems and groundwater stations, the industry confronts challenges related to endocrine-disrupting pesticides. Adjuvants, including drift retardants, wetter-spreaders, stickers, buffers, and foam retardants, play a vital role. Research studies underscore their importance, especially in post-emergence herbicide applications. The market navigates the delicate balance between enhancing agricultural efficiency and environmental responsibility, safeguarding trade secrets while addressing evolving concerns about water bodies and their impact on ecosystems.

The utilization of aerial spraying and variable rate application techniques for precise crop management. These innovations cater to diverse agricultural needs, particularly in cereal & grain crops, where agrochemical properties and effective pest management play pivotal roles in ensuring optimal grain quantity and quality. Furthermore, the market addresses challenges such as pesticide wastage issues through the development of water-based sprays and specialized spreaders, while incorporating organic goods to meet consumer demand for enhanced nutritional value and sustainable farming practices. With the advent of technologies like UAVs for UAV pesticide application, and a focus on soil quality, the agricultural adjuvant market continues to evolve to meet the demands of modern agriculture.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

• Type Outlook
  • Activator adjuvants
  • Utility adjuvants

• Application Outlook 
  • Herbicide
  • Fungicide
  • Insecticide
  • Others

• Region Outlook
  • North America
    • The U.S.
    • Canada
  • South America
    • Chile 
    • Brazil
    • Argentina
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa

Market Scope
Report Coverage	Details
Page number	172
Base year	2023
Historic period	2018 - 2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 5.66%
Market Growth 2024-2028	USD 1.22 billion
Market structure	Fragmented
YoY growth 2023-2024(%)	5.15
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 37%
Key countries	US, China, India, France, and Brazil
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	BASF SE, Bayer AG, BRANDT Inc., Clariant International Ltd., Corteva Inc., Croda International Plc, GarrCo Products Inc., Huntsman International LLC, Interagro UK Ltd., Lamberti SpA, Land O Lakes Inc., Marubeni Corp., Nouryon Chemicals Holding BV, Nufarm Ltd., Precision Laboratories LLC, RAG Stiftung, Simplot Grower Solutions, Solvay SA, Stepan Co., and Wilbur Ellis Holdings Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.
Customization purview	If our market trends and analysis report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research and Growth Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the market between 2024 and 2028
• Precise estimation of the market  size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behaviour
• Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of market companies

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