Key words of the passage: agricultural adjuvants; market; outlook; impact

The agricultural adjuvants market is expected to grow from $3,298.6 million in the year 2021 to $4,786.5 million by 2027 at a CAGR of 6.43% from 2022 to 2027.

The growth in the global agricultural adjuvants market is expected to be driven by increasing demand for adjuvants in precision farming and the growing need to limit pesticide waste.

The agricultural adjuvants market is in the development phase. Increased research and development activities are underway to develop green agricultural adjuvants-based products, which are expected to increase due to the shift in consumer preference for organic food consumption.

Impact 

With an increased crop protection chemicals and the growing need to limit pesticide waste creating the market opportunity for agricultural adjuvants manufacturers. As adjuvants enhance the efficacy of herbicides, fungicides, and insecticides, farmers are adopting adjuvant technology in their farming practices. Also, Europe focuses on green agricultural adjuvants, and the shift to eco-friendly, sustainable green products brings significant sales and financing opportunities to the Europe market.

Furthermore, agricultural adjuvants consume in fertilizers and Plant Growth Regulators (PGR) in developed countries. Likewise, enormously precision farming techniques use the adjuvants in farming drive the agricultural adjuvants market during 2022-2027.

Market Segmentation 

By Application (Insecticide, Herbicide, Fungicide, Others): The global agricultural adjuvants market in the application segment is expected to be dominated by herbicide applications. This is due to, agricultural adjuvants improve the performance of herbicides, including better mixing and handling, increased effectiveness and safety, better distribution, and drift reduction in farms.

By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others): The global agricultural adjuvants market in the crop type segment is expected to be dominated by cereals & grains. All these crops are mass-produced and are of primary importance to the food and agricultural adjuvants are commonly used with crop protection chemicals.

By Function (Activator Modifiers, Utility Modifiers, Others): The global agricultural adjuvants market is dominated by the activator modifiers segment. This is due to the wide variety of products that can be manufactured, resulting in its higher adoption and usage by the end-users worldwide.

By Formulation (Suspension Concentrate, Emulsifiable Concentrate): The suspension concentrate product segment dominates the global agricultural adjuvants market due to the higher adoption of products in cereals & grains, and fruits & vegetables crops.

Source: Research and Markets