Crop Oil Concentrates Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: Jan 2022
  • Pages: 120
  • SKU: IRTNTR71956
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The crop oil concentrates market share is expected to increase by USD 67.66 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.36%.

This crop oil concentrates market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers crop oil concentrates market segmentation by application (herbicides, insecticides, fungicides, and others) and geography (APAC, North America, Europe, South America, and MEA). The crop oil concentrates market report also offers information on several market vendors, including BASF SE, Brandt Inc., CHS Inc., Croda International Plc, Helena Agri-Enterprises LLC, KALO Inc., Land O Lakes Inc., Nnvictis Crop Care LLC, Precision Laboratories LLC, and Wilbur-Ellis Co. Inc. among others.

What will the Crop Oil Concentrates Market Size be During the Forecast Period?

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Crop Oil Concentrates Market: Key Drivers and Challenges

The increased use of herbicides is notably driving the crop oil concentrates market growth, although factors such as challenging regulatory environment may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the crop oil concentrates industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Crop Oil Concentrates Market Driver

Vendors invest heavily in the development of new categories of herbicides that are more effective and environment-friendly. Most of the modern herbicides are formulated to decompose within a short span after application. The shift in consumers' preferences toward fruits and green vegetables, propelled by the rising awareness regarding health and fitness, fuels the use of herbicides in agricultural applications, which, in turn, is boosting the demand for adjuvants such as crop oil concentrates. Many industry players are developing bio-based herbicides, which are a clean and expensive solution for weed control. Moreover, the rising plant resistance toward herbicides is also compelling farmers to use crop oil concentrates to increase herbicide efficiency. Hence these factors are driving the growth of the global crop oil concentrates market during the forecast period. 

Key Crop Oil Concentrates Market Challenge

Companies in the global crop oil concentrate market are required to abide by certain laws and regulations, which are the governance codes for agrochemical businesses. The application of modern methods and the use of a specific class of pesticide products draw the attention of legislative and regulatory bodies, which, in turn, limit the use of products or lead to their withdrawal from the market. Along with organizations involved in the agriculture industry, certain public governing bodies are also involved in aspects such as imports and exports, M&A, and other country-specific regulatory issues. The tax structure also plays a significant role, and market players are required to keep tax authorities updated. Hence, the global crop oil concentrates market needs to comply with numerous regulatory laws and obligations, which are expected to influence the market growth negatively.

This crop oil concentrates market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Crop Oil Concentrates Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • BASF SE
  • Brandt Inc.
  • CHS Inc.
  • Croda International Plc
  • Helena Agri-Enterprises LLC
  • KALO Inc.
  • Land O Lakes Inc.
  • Nnvictis Crop Care LLC
  • Precision Laboratories LLC
  • Wilbur-Ellis Co. Inc.

 

This statistical study of the crop oil concentrates market encompasses successful business strategies deployed by the key vendors. The crop oil concentrates market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The crop oil concentrates market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Crop Oil Concentrates Market?

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62% of the market’s growth will originate from APAC during the forecast period. China and Thailand are the key markets for crop oil concentrate in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The rise in popularity of modern farming procedures and the increased use of agrochemicals will facilitate the crop oil concentrates market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Application Segments in the Crop Oil Concentrates Market?

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The crop oil concentrates market share growth by the herbicides segment will be significant during the forecast period. Crop oil concentrates enhance the performance of herbicides by activating herbicide absorption power in plant tissues. The resistance of plants against herbicides is one of the key challenges, and crop oil concentrates are added to herbicides to reduce plants’ resistance. They increase herbicide effectiveness, which boosts the growth of the global crop oil concentrates market. The increase in agricultural activities in APAC will fuel the demand for herbicides, which will drive the growth of the global crop oil concentrates market during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the crop oil concentrates market size and actionable market insights on post COVID-19 impact on each segment.

 

Crop Oil Concentrates Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.36%

Market growth 2022-2026

$ 67.66 million

Market structure

Fragmented

YoY growth (%)

3.73

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 62%

Key consumer countries

China, US, Argentina, Thailand, and Brazil

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

BASF SE, Brandt Inc., CHS Inc., Croda International Plc, Helena Agri-Enterprises LLC, KALO Inc., Land O Lakes Inc., Nnvictis Crop Care LLC, Precision Laboratories LLC, and Wilbur-Ellis Co. 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

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What are the Key Data Covered in this Crop Oil Concentrates Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive crop oil concentrates market growth during the next five years
  • Precise estimation of the crop oil concentrates market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the crop oil concentrates industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of crop oil concentrates market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Herbicides - Market size and forecast 2021-2026
    • Insecticides - Market size and forecast 2021-2026
    • Fungicides - Market size and forecast 2021-2026
    • Others - Market size and forecast 2021-2026
    • Market opportunity by Application

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2021-2026
      • North America - Market size and forecast 2021-2026
      • Europe - Market size and forecast 2021-2026
      • South America - Market size and forecast 2021-2026
      • MEA - Market size and forecast 2021-2026
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • BASF SE
      • Brandt Inc.
      • CHS Inc.
      • Croda International Plc
      • Helena Agri-Enterprises LLC
      • KALO Inc.
      • Land O Lakes Inc.
      • Nnvictis Crop Care LLC
      • Precision Laboratories LLC
      • Wilbur-Ellis Co. Inc.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The crop oil concentrates market growth will increase by $67.66 million during 2021-2026.
      The crop oil concentrates market is expected to grow at a CAGR of 5.36% during 2021-2026.
      Technavio has segmented the crop oil concentrates market by application (Herbicides, Insecticides, Fungicides, and Others) and geographic (APAC, North America, Europe, South America, and MEA).
      BASF SE, Brandt Inc., CHS Inc., Croda International Plc, Helena Agri-Enterprises LLC, KALO Inc., Land O Lakes Inc., Nnvictis Crop Care LLC, Precision Laboratories LLC, Wilbur-Ellis Co. Inc. are a few of the key vendors in the crop oil concentrates market.
      APAC will register the highest growth rate of 61.66% among the other regions. Therefore, the crop oil concentrates market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      • China
      • US
      • Argentina
      • Thailand
      • Brazil
      The key factors driving the crop oil concentrates market growth are:
      • Increased use of herbicides
      The crop oil concentrates market vendors should focus on grabbing business opportunities from the herbicides segment as it accounted for the largest market share in the base year.
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