Agricultural Adjuvants Market Will Hit Big Revenues In Future

The global agricultural adjuvants market size is projected to reach USD 4.4 billion by 2026, growing at a CAGR of 6.1% from 2020. The growth of the agricultural adjuvants market is driven by factors such as the growing demand for agrochemicals and the adoption of protected agriculture technologies.

Key players in the agricultural adjuvants market include Solvay (Belgium), Evonik Industries (Germany), Nufarm (Australia), and Croda International (UK), Corteva Inc. (US), and BASF (Germany). Product innovation, expansions & investments, mergers & acquisitions, joint ventures, and agreements, collaborations, joint ventures, disinvestments, and partnerships were some of the core strengths of the leading players in the agricultural adjuvants market. These strategies were adopted by the key players to increase their market presence. It also helped them diversify their businesses geographically, strengthen their distribution networks, and enhance their product portfolios. Some of the other leading players in the agricultural adjuvants include Miller Chemical and Fertilizer, LLC (US), Precision Laboratories (US), CHS Inc (US), Winfield United (US), Kalo Inc. (US), Nouryon (Netherlands), Huntsman Corporation (US), Clariant (US), Helena Agri-Enterprises (US), Stepan Company (US), Wilbur-Ellis Company (US), Brandt (US), Plant Health Technologies (US), and Innvictis Crop Care (US).

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Evonik Industries (Germany) is one of the leading specialty chemical companies. The company operates through business segments that include nutrition & care, performance materials, resource efficiency, services (technology and infrastructure), and corporate. The nutrition & care segment offers specialty chemicals that include amphoteric surfactants, ceramides, phytosphingosine, oleochemical quaternary derivatives, organically modified silicones, superabsorbents, amino acids and amino acid derivatives, synthesis products, pharmaceutical polymers, and DL-methionine. The company has a major presence in Europe, especially Germany, and other regions such as Asia Pacific, North America, and Central & South America.

Solvay (Belgium) is a chemical and advanced materials company and is involved in delivering innovative sustainable products and solutions. The company offers its products & services to diversified markets, which include agro, feed & food, automotive & aerospace, building & construction, consumer goods & healthcare, electrical & electronics, resources & environment, and industrial applications. It offers surfactants under its agro, feed, and food segment. The company has offices across 58 countries at 139 locations, along with 21 major research and innovation centers across North America, Europe, Asia Pacific, and Latin America; this enables it to have a significant global market presence.

Corteva Agriscience operates as a standalone agriculture company with industry expertise in seed technologies, crop protection, and digital agriculture. Globally, the company operates through eight segments—agriculture, performance materials & coatings, industrial intermediate & infrastructure, packaging & specialty plastics, electronics & imaging, nutrition & biosciences, transportation & advanced polymers, and safety & construction. The agriculture segment has a diverse network worldwide, which markets the brands of the company and distributes its products to customers globally. The company ranks fourth in terms of market revenues in the agricultural adjuvants market in 2018, as per the MarketsandMarkets analysis. Adjuvants, particularly surfactants, are offered by the company under its industrial intermediates and infrastructure business segment, in its crop defense chemicals line. Being one of the leaders in crop protection chemicals, the company has a large consumer base for agricultural adjuvant products, and is hence, one of the global market leaders.

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Asia Pacific comprises of developing countries with vast agricultural lands; the per capita income of the region depends on agricultural activities. Agricultural technologies are widely accepted and practiced in this region. In Asia Pacific, the total area under agriculture is shrinking due to the high rate of industrialization and urbanization. As a result, farmers opt for practices such as the use of chemical pesticides, which help to increase the yield or productivity of crops. 

Recent Developments:

• In April 2020, Corteva entered in a joint venture with the MercyOne Healthcare Organisation, to meet the urgent need for the processing of COVID-19 samples with an initial focus on Iowa area.
• In April 2020, Solvay entered into a partnership with Boeing, who is a face shield manufacturer, wherein the company would supply high-performance, medical-grade transparent film. The strategy was a response to the rising demands for personal protective equipment amongst healthcare professionals.
• In October 2019, Nufarm initiated a state of art crop protection segment facility in Greenville, Mississippi, which will help broaden the companies production in their facilities in Chicago to North American based platforms.

Herbicides Market Projected to Garner Significant Revenues by 2022

The report “Herbicides Market by Type (Glyphosate, 2, 4-D, Diquat), Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), Mode of Action (Non-selective, Selective), and Region – Global Forecast to 2022″, The global herbicides market is estimated at USD 27.21 Billion in 2016 and is projected to reach USD 39.15 Billion by 2022, at a CAGR of 6.25% during the forecast period. The market is driven by factors such as adoption of better farming practices and rise in production of cereals & grains, especially in the Asia-Pacific region.

Objectives of the report:

• To define, segment, and measure the herbicides market in both quantitative and qualitative terms
• To provide an analysis of opportunities in the market for stakeholders through the identification of high-growth segments
• To strategically analyze the micromarkets with respect to individual growth trends, future prospects, and contribution to the total market
• To understand the industry trends of the herbicides market along with a value chain and supply chain analysis
• To provide a strategic profiling of key players in the herbicides market and a comprehensive analysis of their core competencies
• To analyze the strategies of key players and developments, such as new product launches & product approvals, mergers & acquisitions and strategic alliances, agreements and collaborations, and investments & expansions

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Herbicides are one of the major crop protection chemicals used for weed control. The herbicides market is segmented on the basis of herbicides type, mode of action, crop type, and region. On the basis of type, the herbicides market was dominated by the glyphosate segment and was followed by diquat and 2,4-D segments in 2015. With increasing use of glyphosate-based products in various forms, such as gel and powder across countries, glyphosate is projected to remain a leading segment. Diquat herbicide accounted for the second largest market share in 2015. Diquat is considered as a substitute for paraquat as both are non-selective contact herbicides and have almost similar chemical properties. Hence, the usage of diquat has increased, particularly in China and other developing economies, after declaring paraquat a restricted use pesticide (RUP) by environmental protection agencies in more than 30 countries.

The herbicides market, based on mode of action, is segmented into non-selective and selective. The non-selective herbicide segment has the largest market share in 2015. As non-selective herbicide is formulated for both, broadleaf and grass weeds, it finds application in most of the vegetation types and is a preferred alternative to selective herbicides. Additionally, with the introduction of GM crops that have herbicide tolerance, the demand for non-selective herbicides is projected to increase during the forecast period

The South American region dominated the herbicides market in 2015. This is due to the emergence of South American countries as agricultural powerhouses, growing above the global growth average. Growth in this region is significantly contributed to by the growth in Brazil and Argentina. Economic growth in South America has been supported by democratization and economic reforms. Availability of arable land and expansion of farmlands, especially in Brazil and Argentina, are driving the growth in this market.

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Additionally, the regulatory framework in South America is less stringent as compared to North America and Europe. The Pesticide Action Network (South America) handles regulatory control in the region. T Herbicide products can be registered with minimum resistance from other regulatory agencies in the South American region.

This report includes a study of development strategies, along with the product portfolios of the leading companies in the herbicides market. The key companies profiled are BASF SE (Germany), The Dow Chemical Company (U.S.), E.I. du Pont de Nemours & Company (U.S.), Monsanto Company (U.S.), and Syngenta AG (Switzerland), FMC Corporation (U.S.), Platform Specialty Products Corporation (U.S.), Nufarm Ltd. (Australia), Nissan Chemical Industries Ltd. (Japan), and Drexel Chemical Co. (U.S.).

Upcoming Growth Trends in the Glufosinate Market

The glufosinate market is estimated to be valued at USD 1.37 Billion in 2016, and is projected to grow at a CAGR of 9.25% from 2016 to 2022. Glufosinate are widely accepted in agricultural and non-agricultural applications and play a vital role in weed controlling. Its usage is growing in recent years because it is considered as a suitable substitute for glyphosate and paraquat. The proportion of glyphosate-resistant weeds has been growing over the past few years because of its extensive usage. Farmers consider glufosinate as a better alternative in the non-selective herbicides market to protect and maintain crop yield. Furthermore, the USFDA considers glufosinate as a safer option compared to other herbicides available in the U.S. market such as paraquat. Hence, glufosinate should be viewed as a business opportunity in the next five years.

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On the basis of crop type, the global market is segmented into genetically modified crops and conventional crops. The genetically modified crops dominated the market owing to its major use in the production of various products and wider availability. Genetic modified techniques are widely used to make crops herbicide-resistant.

The global glufosinate market, on the basis of application, is segmented into agricultural and non-agricultural applications. The demand for glufosinate is expected to increase in the next few years due to the growing yield of agricultural crops such as corn, soybean, beans, canola, sugar beets, sugar cane, and sweet potato that are genetically modified to tolerate glufosinate. The grains & cereals segment accounted for the largest market share in 2015.

The forms of glufosinate considered for the study are liquid and dry. Liquid formulation of glufosinate is widely used as it has low temperature stability as compared to dry formulations, which has a long process of usage.

In 2015, the North American region accounted for the largest share of the global glufosinate market in terms of value and volume. The glufosinate market in North America is also projected to grow at a significant CAGR during the forecast period. This region comprises developed economies such as U.S. and Canada, where the U.S. is a key producer of various agricultural applications. There is growing awareness observed in the U.S. with regard to glufosinate products. Glufosinate is registered for use in crops such as almonds, apples, bananas, berries, canola, corn, cotton, grapes, potatoes, rice, soybean, and tree nuts in the U.S. which has resulted in the growth of the market in this region.

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This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as Bayer AG (Germany), The Dow Chemical Company (U.S.), E. I. du Pont de Nemours and Company (U.S.), Syngenta AG (Switzerland), and UPL (India).

Target Audience:

• Pesticide manufacturers
• Pesticide importers and exporters
• Pesticide traders, distributors, and suppliers
• Consumers (including farmers)
• Government and research organizations
• Legislative and regulatory bodies
• Associations and industry bodies

Latest Regulatory Trends Impacting the Microbiological Testing of Water Market

The global microbiological testing of water market has grown exponentially in the last few years. The market size is projected to reach USD 1.59 Billion by 2022, growing at a CAGR of around 7.0% from 2017 to 2022. Emerging countries such as India, China, Japan, Brazil, and Argentina are the primary targets of the industry. Factors such as increase in microbial contamination in water reservoirs due to increased urban waste, stringent regulatory environment, the emergence of new technologies, and upgradation of equipment are the major driving factors for this market. Moreover, advanced technologies and rapid test methods helped to drive the microbiological testing of water industry.

The microbiological testing of water market, based on pathogen type, is segmented into Legionella, Coliform, Salmonella, Clostridium, Vibrio, and others which include other bacteria, protozoa, and viruses. Number of tests for Salmonella dominated the market with the largest share in 2016 due to increasing Salmonella outbreaks in the European and North American regions. This is followed by Coliform tests, which acts as an indicator bacteria for other bacterial analysis and plays a critical role in microbial water testing.

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The global market, based on type, is segmented into instruments and test kits & reagents. The instruments segment accounted for largest share of the microbiological testing of water market in 2016. The test kits & reagents segment is projected to grow at the highest CAGR from 2017 to 2022. Rapid testing methods ensure the analysis of a larger sample size, thereby reducing the time required for sample testing which will lead to the growth of test kits over the next five years.

The global market, based on industry, is segmented into pharmaceutical, clinical, food, energy, chemicals & material, and environmental. The pharmaceutical segment dominated the market with the largest share in 2016. Whereas, the food testing segment is projected to grow at the highest CAGR due increase in food safety awareness among consumers and growth in labeling mandates in various regions. Based on water type, the market is segmented into drinking & bottled water and industrial water. The industrial water segment dominated the market with the largest market share in 2016, and it is projected to grow at the highest CAGR due to increase in industrial applications and growth in regulatory compliance.

The decrease in availability of drinkable water in this region has led to a significant increase in the demand for water processing. The region is emerging as a huge market for microbiological testing of water due to rise in awareness of microbial water contaminants and their impact on health. This market is fueled by the economic development in countries such as China and India. The rise in incidences of waterborne illnesses, increase in industrialization, and growth in awareness for safe water are the key factors that drive the microbiological testing of water market growth in the Asia-Pacific region.

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This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such Bio-Rad Laboratories, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Shimadzu Corporation(Japan), Sigma-Aldrich Corporation(U.S.), and 3M Company (U.S.).

Target Audience:

• R&D institutes
• Technology providers
• Microbial water testing solution manufacturers/suppliers
• Intermediary suppliers
• Wholesalers
• Consumers
• End users
• Retailers

Seed Treatment Fungicides Market to Showcase Continued Growth in the Coming Years

 The seed treatment fungicides market is projected to grow at a CAGR of 9.24% from 2017, to reach a projected value of USD 1.88 Billion by 2022. Increasing usage of seed treatment solutions on expensive GM seeds, growth in the area under GM crops, increasing crop demand for biofuel and feed, and the use of fungicides as a low-cost crop protection solution are enhancing the market for seed treatment fungicides, globally. The growth in the fungicide seed treatment market is also driven by advanced farming technologies which ensure safe and reliable application of seed treatment formulas.

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The market for cereals & grains is projected to grow at the highest rate due to the rise in demand for agricultural production. Increasing demand from downstream markets in the food & beverage and feed industries has boosted the overall demand for seed treatment fungicides across the globe.

The seed dressing segment accounted for more than half of the total application technique market in 2016. Since it a low-cost technique compared to other techniques (such as coating and pelleting), it is economical to use on low-cost cereals and grains, such as wheat and corn, which are the major crop types dominating the seed treatment fungicides market.

The biological seed treatment market is expected to have a high CAGR during the forecast period, since it is an eco-friendly method for crop protection; consumers also show a preference for these fungicides as they are obtained from natural resources.

South America is one of the largest contributors to the global seed treatment fungicides due to the increase in use of seed treatment fungicides through advanced agricultural techniques and rise in need for food security in the South American countries. Brazil and Argentina constituted the largest country-level markets in the South American region in 2016. High market penetration by the leading seed treatment fungicides companies, for enhancing the agricultural growth and productivity, and the decrease in arable land are the main factors influencing the growth of the seed treatment fungicides market in South America.

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This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. These companies include BASF SE (Germany), The Dow Chemical Company (U.S.), Sumitomo Chemical Co., Ltd (Japan), and Bayer CropScience AG (Germany); these are well-established and financially stable players that have been operating in the industry for several years. Other players include Syngenta AG (Switzerland), Monsanto Company (U.S.), and Nufarm Ltd. (Australia).

Targeted Audience:

• Seed treatment fungicide manufacturers
• Seed treatment fungicide importers and exporters
• Seed treatment fungicide traders, distributors, and suppliers
• Government and research organizations
• Commercial research & development (R&D) institutions and financial institutions

Wheat Protein Market to Witness Unprecedented Growth in Coming Years

The global wheat protein market is estimated at USD 2.04 Billion in 2017 and is projected to reach USD 2.58 Billion by 2022, at a CAGR of 4.8% from 2017. The wheat protein market has been largely driven by the growing demand for bakery products, the increasing popularity of plant-based foods, wheat protein being a suitable alternative for non-animal protein among vegans coupled with nutritional benefits for lactose-intolerant consumers. 

The wheat gluten segment is estimated to account for the largest share of the wheat protein market in 2017

Based on product, the wheat protein market has been segmented into wheat gluten, wheat protein isolate, textured wheat protein, and hydrolyzed wheat protein. The wheat gluten segment is estimated to account for the largest share of the wheat protein market in 2017. It is used in a variety of applications such as bakery products, meat products, pasta, and pet foods. In bakery, the strength of gluten is a key factor in bread baking. It plays an important role as it contributes to the ability of the dough to rise and maintain texture.

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The dry form is estimated to account for the largest share of the wheat protein market in 2017

The dry segment is estimated to account for the largest share of the wheat protein market in 2017. They are the most popular forms of wheat protein preferred by manufacturers due to their several benefits, including better stability and ease of handling & better storage conditions.

The bakery & snacks segment, by application, is estimated to accounted for the largest share of the wheat protein market in 2017

The bakery & snacks segment, by application, is estimated to account for the largest share of the wheat protein market in 2017. Presence of major players offering a wide variety of wheat products having applications in bakery is one of the key drivers for the bakery & snacks segment. This shift in consumer preference toward ready-to-eat products has increased the demand for bakery products. In Europe, rise in the aging population and growing health concerns have urged consumers to opt for healthier alternatives such as value-added baked goods.

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Europe is estimated to account for the largest share of the wheat protein market in 2017

In 2017, Europe is estimated to account for the largest share of the wheat protein market. Factors such as the growing investments by major players in the bakery industry, growing trend of vegan diets, and abundant availability raw materials such as wheat in this region have boosted the demand for wheat protein products in the European market. Furthermore, increased demand for bakery items such as cakes, pastries, and cookies will also drive the demand for wheat protein in the region.

This report includes a study of the marketing and development strategies, along with the product portfolios of the leading companies. It includes the profiles of leading companies such as ADM (US), Cargill (US), Agrana (Austria), MGP Ingredients (US), and Manildra Group (Australia). Other players include Roquette (France), Glico Nutrition (Japan), Crespel & Deiters (Germany), Kröner-Stärke (Germany), Tereos Syral (Germany), CropEnergies (Germany), and Gluten y Almidones Industriales (Mexico).

Target Audience:

• Wheat protein producers, suppliers, distributors, importers, and exporters
• Food & beverage manufacturers, manufacturers of animal feed products, food ingredient manufacturers, and researcher organizations
• Related government authorities, commercial research & development (R&D) institutions, and other regulatory bodies
• Trade associations and industry bodies such as International Wheat Gluten Association (IWGA), and Food and Agriculture Organization (FAO)

Pet Food Extrusion Market to Record Steady Growth by 2022

 The report "Pet Food Extrusion Market by Extruded Pet Food Products (Type (Complete Diets and Treats), Animal Type (Dogs, Cats, Fish, and Birds), and Ingredient), by Pet Food Extruder Equipment (Type (Single and Twin Screw)), and Region - Global Forecast to 2022", The global pet food extrusion market is estimated to be valued at USD 55.21 Billion in 2017, and expected to grow at a CAGR of 5.6% to reach USD 72.64 Billion by 2022. The market for pet food extrusion is showing significant growth with a rise in the popularity of pet adoption, pet humanization, and rapid urbanization in developing economies such as China, India, Argentina, and Mexico. The growing pet population across the globe is one of the leading factors that contribute to the demand for extruded pet food products, worldwide. The need to fulfil the growing demand for pet food is simultaneously fueling the growth of the pet food equipment manufacturing industry.

Objectives of the study are as follows:

• To define, segment, and project the global extruded pet food products market size based on type, ingredient, animal type, and region
• To define, segment, and project the global pet food extrusion equipment market size based on type, process, and region
• To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
• To analyze the opportunities in the market for stakeholders and provide the competitive landscape of the market leaders
• To project the size of the market and its submarkets, in terms of value and volume, with respect to the regions (along with the key countries)
• To strategically profile key players and comprehensively analyze their market position and core competencies
• To analyze the competitive developments such as expansions, acquisitions, collaborations, rebranding, and new product developments in the pet food extrusion market

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The increasing demand for extruded pet food has fueled the demand for pet food extrusion equipment as these equipment enhance the quality of pet food along with the shaping and sizing benefits, which helps meet the demand for premium and super premium food products for pets with a long shelf life and high bacterial safety. Thus, manufacturers are expanding their capabilities to meet the increasing demand for pet food. The type of extrusion equipment required depends on the extrusion process, type of pet food, ingredient type, amount, and cooking time in relation to the desired maximum capacity.

Based on type, the global market has been segmented into complete diets and treats and other complementary products. The complete diets segment dominated the global extruded pet food products market, and this trend is expected to continue through the forecast period. Complete diets include dry expanded and semi-moist extruded pet food products, which are highly consumed owing to the increase in the demand for premium and super premium pet food products.

Based on animal type, the pet food extrusion market has been segmented into dogs, cats, fish, birds, and others (rabbits and reptiles). The dog and cat segments dominated the global extruded pet food products market, with a majority of share. The dog segment is also projected to grow at the highest CAGR in terms of both, value and volume, during the forecast period. The growing pet adoption rate coupled with increasing disposable income of pet owners is expected to drive the demand for extruded pet food products.

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The South American market is projected to grow at the highest CAGR during the forecast period followed by Asia Pacific region in both the markets. Countries such as Argentina, India, and China are expected to be the major emerging markets for extruded pet food products as well as pet food extrusion equipment. The growth in the number of distribution channels such as e-commerce and rising demand for premium and super premium products coupled with the trend of pet humanization are expected to drive the market growth in these regions.

The market for pet food extrusion equipment is dominated by key players such as Andritz (Austria), Buhler (Switzerland), Clextral (France), Pavan (Italy), Diamond America (US), Lindquist Machine (US), The Bonnot (US), Kahl Group (Germany), Baker Perkins (UK), Coperion (Germany), Doering Systems (US), Brabender (Germany), and American Extrusion International (US) while the market for extruded pet food products is dominated by Mars (US), Nestle (Denmark), and The J.M. Smucker Company (US).

Target Audience:

• Extrusion machinery, technology, and equipment manufacturers and suppliers
• Extruded pet food product manufacturers, suppliers, and distributors
• Extrusion machinery spare part suppliers and distributors
• Regulatory and research organizations
• Food and agriculture organizations such as the FAO and USDA
• Associations and industry bodies such as the Pet Food Manufacturers Association (PFMA), and The Europe Pet Food Industry (FEDIAF), The Brazilian Association of Pet Products Industry (ABINPET), The Pet Food Industry Association of Australia (PFIAA), The Pet Food Manufacturers Association (PFMA), Russia, and The Europe Pet Food Industry (FEDIAF)
• Government agencies and NGOs
• Food safety agencies