Agricultural Adjuvants Market by Type (Activator Adjuvants (Surfactants and Oil Adjuvants) and Utility Adjuvants), by Application (Herbicide Adjuvants, Insecticide Adjuvants, Fungicide Adjuvants, and Others), by Crops (Cereals, Oilseeds, Fruits & Vegetables, Others), by Formulations (Suspensions, and Emulsifiable Concentrates), and Geography (North America, Europe, Asia Pacific, Latin America, and MEA) and forecast to 2029.

Agricultural Adjuvants Market was valued at USD 3,645.5 million in 2022 and is expected to grow at a 4.9% CAGR from 2023 to 2029. Agricultural adjuvants are additives added to agricultural chemical products to alter their physiological properties and improve their efficiency. The harmful effect of chemical adjuvants in pesticides on human and animal health is expected to increase the demand for green adjuvants and organic processed foods over the forecast period. Growing production of fruits and vegetables and increasing demand for agrochemicals is expected to drive the growth of the agricultural adjuvants market. For instance, in 2021, according to International Fertilizers Association a France-based non-profit organization, Nitrogen demand extended from 4.3 Mt to 110.0 Mt from 2020 to 2021, accounting for more than half of the global fertilizer use. Thus, the increasing demand for agrochemicals is enhancing market growth. However, the strict government regulations regarding agricultural adjuvants and increasing concern regarding the usage of petroleum-based oil-based adjuvants are expected to restrain the growth of the agricultural adjuvants market over the forecast period. For instance, in Brazil, the guidelines for adjuvants were the same as those for agrichemicals, for example, In 2017, the Ministry of Agriculture, Livestock, and Supply (MAPA) addressed agricultural adjuvants in Brazil. Moreover, the market key players are increasingly adopting strategies such as the launch of newer products, acquisitions, mergers, and long-term alliances to improve market revenue share and which is expected to provide opportunities to the market players in the growth of the agricultural adjuvants market. For instance, in 2021, Attune Agriculture announced its partnership with Nufarm Grupo to develop an Ampersand adjuvant in Mexico. 

The Agricultural Adjuvants Market Key Developments:

• In March 2022, Helena Enterprises LLC (US) introduced a new pest management technology at the 2022 Commodity Classic in New Orleans, Louisiana. The exclusive Protecta method promises to build fungicides and insecticides differently, relying on diligent design, expert analysis, and verified results.
• In May 2021, Yara International announced the launch of a global business named Agoro Carbon Alliance that helps farmers to adopt positive climate farming practices and increase crop yield.