Growing Environmental and Human Health Concerns Drives the Agricultural Adjuvants Market

The agricultural adjuvants market is estimated at USD 3.13 billion in 2018 and is projected to reach USD 4.04 billion by 2023, at a CAGR of 5.24% during the forecast period. The agricultural and environmental benefits associated with these adjuvant solutions are the major factors contributing to the growth of this market, globally. Due to the growing demand for agrochemicals and the adoption of effective protective measures for crop cultivation, the market for adjuvants is projected to grow in the coming years.

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The agricultural adjuvants market is a relatively small sector in the crop protection chemicals industry; however, the market has been growing at a significant rate due to the increasing need for sustainable pest management in agricultural operations in developed countries. Strong research funding by key manufacturers for product development such as drift control and anti-foam agents is expected to drive the growth of the market over the next five years.

North America is estimated to lead the market in 2018; followed by Europe, owing to the high adoption of adjuvants to complement pesticide consumption in countries such as Germany, France, the US, and Canada. Increasing growth of industrial and high-value crops and rising awareness among farmers about the benefits of adjuvants are expected to provide more scope for market expansion. Moreover, ongoing research & development activities on better and efficient adjuvant solutions also render scope for growth of the market.

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The major factors restraining the growth of agricultural adjuvants are the inconsistent regulatory procedures for adjuvant products across the globe and increased production costs for end-use farmers. Also, the increasing number of bans on a few pesticide classes in European and North American countries due to the growing environmental concerns caused by higher application of pesticides in agriculture—have also impacted the market to a huge extent.

The global market for agricultural adjuvants is dominated by large players such as DowDuPont (US), Solvay (Belgium), Evonik Industries (Germany), Nufarm (Australia), and Croda International (UK). Some emerging players in the agricultural adjuvants market include BASF (Germany), Akzonobel (Netherlands), Huntsman Corporation (US), Helena Agri-Enterprises (US), Wilbur-Ellis (US), Stepan Company (US), Clariant (Switzerland), and BRANDT (US).

Target Audience:

The stakeholders for the report are as follows:

• Key manufacturers of pesticides, fertilizers, and other crop inputs
• Key companies in the agricultural biologicals market
• Surfactant and biosurfactant manufacturers
• Traders, distributors, and suppliers in the agricultural adjuvants/surfactants market
• Traders, distributors, and suppliers in the agricultural pesticides market
• Adjuvant manufacturers specific to the agricultural industry
• Farmer’s cooperatives, organizations, and associations
• Traders and suppliers of raw materials such as petrochemical distillers and vegetable oil processors
• Concerned government authorities, commercial R&D institutions, and other regulatory bodies

Rice Seeds Market: Trends, Top Key Players, Industry Overview and Global Forecast to 2023

The rice seeds market is estimated to account for USD 5.47 billion in 2018 and is projected to reach USD 7.62 billion by 2023, at a CAGR of 6.85% during the forecast period. The benefits associated with the adoption of commercial rice seeds is a major factor contributing to the growth of this market globally. The economic growth of the in developing countries and the increased R&D expenses in the agriculture industry drives the growth of this market.

According to the International Seed Federation (ISF), rice accounted for nearly 5% of the global commercial seeds market in 2014. The major seed manufacturing companies have been expanding their product portfolio in the Asian countries. Strong support from the government in terms of subsidies for hybrid seeds has encouraged farmers to adopt this technology in developing countries as well. The decline in prices of hybrid seeds, to bridge the difference between hybrids and OPV seeds, has also encouraged key players to invest in the market.

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The advent of genetically modified rice seeds was projected to boost the rice seeds market, after the success of Bt cotton. Majority of the key players have also invested in the development and support of GM rice projects. The Golden Rice Project supported by Syngenta and the development of GM rice seeds by Mahyco was scheduled to be commercialized in the past few years. However, the stringent regulations against GM technology for edible crops have hindered the commercialization of this technology, and multiple projects got shelved due to the regulatory policies.

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Asia Pacific accounted for the largest share in the rice seeds market in 2017, followed by North America due to the high adoption of commercial open-pollinated varieties and hybrid rice seeds over farm-saved seeds to increase rice yield in countries such as China, India, Thailand, and the US. Development of improved hybrid seeds and the subsidy benefits provided by the government to encourage adoption of hybrid seeds over farm-saved or OPV seeds have contributed to the growth for this market. The major factors restraining the adoption of hybrid seeds are their high cost as compared to OPV seeds and the lack of awareness about the advantages of hybrids on crop yield and profit margins. Also, lack of skilled professionals and infrastructural facilities in the developing countries for hybridization techniques is projected to hinder the growth potential of this market.

The global market for rice seeds is dominated by key players such as Bayer (Germany), DowDuPont (US), Syngenta (Switzerland), Advanta Seeds (UPL) (India), and Nuziveedu Seeds (India). Some of the emerging players in the rice seeds market include Mahyco (India), BASF (Germany), Kaveri Seeds (India), SL Agritech (Philippines), Rasi seeds (India), Rallis (India), JK Seeds (India), Hefei Fengle (China), LongPing (China), Guard Agri (Pakistan), and National Seeds Corporation (India).

Target Audience:

The stakeholders for the report are as follows:

• Biotechnological companies
• Genetic solution providers
• Plant & livestock breeders
• Public and private research institutions, agencies, and laboratories
• Commercial seed manufacturers (including both GM and non-GM seed manufacturers)
• Concerned government authorities and seed and plant breeding associations