The apparel market is Estimated to reach USD 8,33,199.16 Million by 2030, With CAGR of 10.33% By 2022-2030

The cassava market is projected to reach USD 254.28 billion by the end of 2032

Agriculture surfactants are additives used to provide effective protection for crops. These substrates are added to pesticide formulations such as insecticides, herbicides, foliar nutrients, fungicides, and plant growth regulators. With the evolving farming techniques & products, the consumption of these surfactants is increasing dramatically over the past few years.

Resultantly, the global agriculture surfactants market overview is registering significant growth accruals years by year. Also, the rapidly growing agricultural industry and technological advances transpired in the field of farming are key tailwinds behind the success of this market. Moreover, factors such as the rising global demand for food led by the ever-increasing population and the pressure for higher yields are escalating the market growth to furthered heights.

According to Market Research Future (MRFR), Agricultural Surfactants Market Size Estimated to Reach at a USD 1928.6 Million at a CAGR of 5.7% by 2022–2030. Rising uptake of modern agricultural practices and technologies such as "agriculture 4.0," a kind of precision farming, are expected to be significant growth drivers for the market growth.

Additionally, the ongoing third green revolution is anticipated to provide a huge impetus to the growth of the market, increasing the production of the crops, and introducing high-yielding varieties. Also, the growing global food security concern is another major factor that would drive the global agricultural surfactants market during the forecast period. Effective application of agricultural surfactants ensures a fruitful harvest, which, in turn, is fostering the market demand.

On the other hand, the adoption of genetically modified seeds that ensure increased yield and reduced use of agrochemicals & pesticides acts as a major growth restraining factor for the market. Also, the growing emphasis on sustainable farming is likely to prove a threat to the market growth during the forecast period, slowing down the use of agrochemicals. Furthermore, the regulations imposed on the use of synthetic agricultural surfactants are expected to hurdle the growth of the market.

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Nevertheless, the emergence of bio-based agricultural products and increasing consumption of pesticides to increase product yield would aid the market growth throughout the review period. Also, the advantages of agricultural surfactants, such as the lesser requirement of agrochemicals to be used due to the increased retention, penetration, and spreading ability, would benefit the growth of the market hugely

Global Agricultural Surfactants Market – Segmentation

The report has been segmented into five major dynamics.

By Product Type : Non-Ionic, Anionic, Amphoteric, Cationic, and others.

By Substrate Type : Synthetic, Bio-Based, and others.

By Crop Type : Cereal & Grain, Fruit & Vegetable, and others.

By Application : Herbicide, Fungicide, Insecticides, Plant Growth Regulators, and others.

By Regions : Europe, Americas, Asia Pacific, Middle East & Africa, and Rest-of-the-World.

Global Agricultural Surfactants Market – Regional Analysis

North America is projected to remain the largest agricultural surfactants market globally. Factors such as the vast consumption of these surfactants in the well- established agrarian industry, strong emphasis on advanced farming techniques & products, and high agriculture expenditure act as key tailwinds for the regional market growth. The market witnesses a massive demand for bio-based agricultural surfactants. Led by the growing need for sustainable solutions is expected to fuel the market demand in the region.

Europe is another prominent market for agricultural surfactants following the North American market closely. Rising awareness for sustainability concerns, well-developed agriculture industry, and a strong emphasis on R&D innovations & technologically advanced products are the major growth drivers of the regional market. The European agricultural surfactants market is hugely diverse and includes many primary product manufacturing industries and segments.

The agricultural surfactants market in the Asia Pacific region is estimated to grow dramatically. Tremendous agrarian growth due to the expanding population, availability of ample fertile & arable land, and lucrative government schemes are some of the key factors impacting the market growth positively. Besides, substantial funding for increasing numbers of agriculture-related R&D and farming techniques are fueling the growth of the APAC agricultural surfactants market.

Global Agricultural Surfactants Market – Competitive Analysis

Highly competitive, the agricultural surfactants market appears to be fragmented due to the presence of a large number of players. The supply industry consists of several manufacturers that produce raw materials required for the production of these surfactants. Major players are adopting strategic initiatives such as mergers & acquisitions, contract, expansion, investment, joint venture, partnership, product launch, and innovations to sustain in the competition. They make substantial R&D investments for the development of new products & technologies and to strengthen their market presence.

Major Players:

Players leading the global agricultural surfactants market research include Nufarm Limited (Australia), Stepan Company (U.S.), Croda International Plc (U.K.), Monsanto Company (U.S.), DowDuPont, Inc. (U.S.), Loveland Products, Inc. (U.S.), BASF SE (Germany), Evonik Industries AG (Germany), AkzoNobel N.V. (Netherlands), Solvay SA (Belgium), Huntsman International LLC. (U.S.), Wilbur-Ellis Company LLC (U.S.), Clariant International AG (Switzerland), CEFIC (Belgium), and Helena Agri-Enterprises, LLC (U.S.), among others.

Industry/ Innovation/ Related News:

February 13, 2020 ----- Bogor Agricultural Institute (IPB _ Indonesia), announced that it has set records of the largest number of palm oil based researches and academic articles published internationally. These researches on the downstream segment of palm oil are concentrated on the innovation of surfactants for import substitutes to support the enhanced oil recovery (EOR) technology. The integration of the upstream & downstream segments of research based on palm oil holds significance for ensuring the sustainability of the palm oil sector in Indonesia that is contributing significantly to the country's income.

Key Players are:

Nufarm Limited (Australia), Croda International Plc (U.K.), Stepan Company (U.S.), Monsanto Company (U.S.), Loveland Products Inc. (U.S.), DowDuPont, Inc. (U.S.), BASF SE (Germany), AkzoNobel N.V. (Netherlands), Evonik Industries AG (Germany), Solvay SA (Belgium), Wilbur-Ellis Company LLC (U.S.), Huntsman International LLC. (U.S.), Clariant International AG (Switzerland), Helena Agri-Enterprises, LLC (U.S.), and CEFIC (Belgium).

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Market Overview

The agricultural micronutrients market encompasses a wide range of essential elements, including zinc, iron, manganese, copper, boron, molybdenum, and others. These micronutrients are primarily used as soil additives or foliar sprays to correct nutrient imbalances and improve plant health. They play a crucial role in various physiological processes, such as photosynthesis, enzyme activation, and nutrient uptake, leading to improved crop yield and quality.

The Agricultural Micronutrients Market Insight plays a vital role in enhancing the overall productivity and nutritional value of crops. Micronutrients are essential elements required in small quantities for plant growth and development. Although they are needed in trace amounts, their absence or deficiency can severely impact crop yield and quality. In recent years, the agricultural micronutrients market has witnessed significant growth due to the rising demand for high-quality food, increasing awareness about balanced plant nutrition, and the need to address nutrient deficiencies in soil.

Agricultural Micronutrients Market to USD 9.6 Billion By 2030, CAGR) Of 8.4% By 2023 – 2030, Owing to Cereals & Grains Are the Most Extensively Cultivated Crops Worldwide

Market Insights and Outlook

The agricultural micronutrients market has experienced steady growth over the past decade, and this trend is expected to continue in the foreseeable future. The increasing global population and changing dietary preferences have put significant pressure on agriculture to produce more nutritious food. Consequently, farmers are increasingly adopting agricultural micronutrients to address soil deficiencies and achieve optimal crop yields.

Additionally, the shift towards sustainable farming practices and the promotion of precision agriculture have further driven the demand for micronutrients. As farmers aim to minimize environmental impacts and optimize resource usage, micronutrient application becomes an essential component of their agricultural strategies.

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Scope of the Market

Zinc: Zinc is one of the most widely used agricultural micronutrients and is essential for plant enzyme activation and protein synthesis.

Iron: Iron is crucial for chlorophyll formation, enabling plants to perform photosynthesis efficiently.

Manganese: Manganese plays a vital role in nitrogen metabolism and assists in the synthesis of enzymes.

Copper: Copper is involved in several plant processes, such as lignin formation and reproductive development.

Boron: Boron is essential for cell wall formation and aids in pollination and seed production.

Molybdenum: Molybdenum is required for nitrogen fixation and influences plant metabolism.

The market scope also extends to the application method, including soil application, foliar spraying, and fertigation.

Segmental Analysis

The agricultural micronutrients market can be segmented based on crop type, including:

Cereals & Grains: This segment includes crops like wheat, rice, corn, and barley, which are the staple food for a significant portion of the global population.

Fruits & Vegetables: Fruits and vegetables require a balanced supply of micronutrients to ensure optimal growth and nutritional value.

Pulses & Oilseeds: Pulses and oilseeds play a crucial role in providing protein and oil sources, making micronutrient application vital for their productivity.

Others: This segment covers various other crops, such as sugarcane, cotton, and tobacco, where agricultural micronutrients are used to enhance yield and quality.

Regional Overview

The Agricultural Micronutrients Market Outlook exhibits a diverse regional landscape:

North America: The region has a well-established agriculture industry with a strong focus on precision farming practices, driving the adoption of agricultural micronutrients.

Europe: European countries emphasize sustainable farming, leading to increased usage of micronutrients in agriculture.

Asia-Pacific: The Asia-Pacific region is witnessing rapid growth in agricultural micronutrient adoption due to the rising demand for food and improving agricultural practices.

Latin America: Countries in this region heavily rely on agriculture, and micronutrient usage is becoming a crucial component of modern farming techniques.

Middle East & Africa: With arid and nutrient-deficient soils, the region presents significant opportunities for the agricultural micronutrients market to address agricultural challenges.

Key Players

BASF SE (Germany), AkzoNobel (Netherlands), Nutrien Ltd. (Canada), Yara International ASA (Norway), The Mosaic Company (US), Compass Minerals International (US), Valagro (Italy), Nufarm (Australia), Coromandel International Ltd. (India), Helena Chemical Company (US), Zuari Agrochemicals Ltd (India)

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Market Overview

Market Research Future (MRFR) findings on the Global Agricultural Inoculants Market 2020 reveal different factors that can impact the market across the review period 2023 – 2030. The Global Agricultural Inoculants Market can thrive at 10.13% CAGR in the forecast period. The preference for organic foods is rising significantly, influencing their demand.

This is anticipated to drive the agriculture inoculant market research report in the years to come. In addition, high investment in the identification of organic molecules and the development of cost-effective right formulation to enhance plant metabolism performance in a short span can support the expansion of the agricultural inoculants market across the study period.

The high traction of agricultural inoculants due to their benefits, such as better crop yield, improved nutrient efficiency by minimizing loss and refining nutrient uptake can support the expansion of the agriculture inoculant market across the analysis period.

Market Segment Analysis

The segment assessment of the Agricultural inoculants market is done by crop type, source, and application.

The type-based segments of the agriculture inoculants market are oilseed & pulses, cereals & grains, and fruits & vegetables among others. The surge in demand cereals and grains can drive their cultivation across developing and developed economies. This is expected to support the expansion of the agriculture inoculant market through the review period. The cereals and grains segment can earn high turnover for the global market in the years to come.

The source-based segment of the agriculture inoculants market are bacterial, and fungal among others. Bacterial inoculants can significantly boost agronomic efficiency as they are likely to curb environmental pollution. This is accepted to support the market. The affordable production costs of bacterial inoculants can also impact the expansion of the market in the years to come. The hazardous effect of chemical fertilizers can be made negligible by efficient inoculants.

The application-based segments of the agriculture inoculants market are soil inoculation, and seed inoculation among others. The soil inoculation segment can earn high profits for the global market.

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Regional Analysis

The agricultural inoculants market trends are studied across North America, EU, and APAC. North America agriculture inoculants market can experience gradual surge in its value across the study period, states MRFR regional findings. The agricultural inoculants market expansion is attributed to the expansion of population base, resulting in escalation of demand for enhanced agricultural products. There are different players that are actively focused on research & developments projects of enhance agricultural solutions. These are creating the need for agricultural inoculants across the analysis period. The presence of North American regulations conforming of agricultural inoculants practise can also support the regional market. The EU agricultural inoculant market is observed to hold a huge growth potential and can thrive in the years to come. The rise in the agricultural inoculant market can be driven due to an increase in per hectare yield as the regional population surges, leading to a rise in demand for food. In Asia Pacific, the increase in the consumption of grains and cereals across the rising populace can impact the expansion of the regional market. In addition, the surge of the e-commerce business can support the expansion of the agriculture inoculant market in the years to come.

Key Agricultural Inoculants Market Players:

Corteva Inc (U.S.)
BASF SE(Germany)
Bayer AG (Germany)
Novozymes A/S (Denmark)
Brettyoung (Canada)
Rizobacter Argentina S.A. (Argentina)
Italpollina S.p.A. (Italy)
Advanced Biological Marketing Inc. (U.S.)
Soil Technologies Corporation (U.S.)
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