Crop Oil Concentrates Market to Grow with a CAGR of 4.25% through 2029
Supportive regulatory environment and Increasing preference for sustainable
products are the major drivers for the Global Crop Oil Concentrates Market during the forecast period 2025-2029
According to TechSci Research report, “Crop Oil
Concentrates Market – Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2029”, the Global Crop Oil Concentrates
Market was valued at USD 225.45 million in 2023 & will see an impressive
growth in the forecast period at a CAGR of 4.25% to 2025-2029. This can be
attributed to the awareness among individuals regarding Crop Oil Concentrates
which has led to favorable market.
Technological innovations, such as
GPS-guided tractors and drones, enable precision agriculture. Crop Oil
Concentrates are used in conjunction with these technologies to enhance the
precision of herbicide applications. This results in targeted and efficient
weed control, contributing to the demand for these adjuvants. Technological
advancements in the development of biopesticides and organic farming practices
contribute to sustainable agriculture. Crop Oil Concentrates, while commonly
associated with conventional herbicides, can also be part of formulations
compatible with biopesticides, aligning with the evolving trends in organic and
sustainable farming.
The development of sophisticated
application equipment, including precision sprayers and nozzles, allows farmers
to apply herbicides with greater accuracy. Crop Oil Concentrates are compatible
with modern equipment, facilitating optimal coverage and absorption of
herbicides on plant surfaces. Remote sensing technologies, satellite imagery,
and sensor-based monitoring systems provide farmers with real-time data on crop
health and weed infestations. Crop Oil Concentrates can be integrated into weed
management strategies guided by these technologies, contributing to the demand
for precise and effective weed control. Advances in biotechnology have led to
the development of genetically modified (GM) crops with traits such as
herbicide tolerance. Crop Oil Concentrates are often used in combination with
herbicides designed for GM crops, enhancing the efficacy of weed control while
minimizing the impact on the crop itself.
Browse over XX market data Figures
spread through XX Pages and an in-depth TOC on "Global Crop Oil Concentrates Market”
Climate change can alter temperature and
precipitation patterns, influencing the distribution and behaviour of pests and
weeds. Changes in pest and weed dynamics may require adjustments in the
formulation and use of Crop Oil Concentrates to effectively manage emerging
challenges. Climate change can create more favourable conditions for certain
pests and weeds, leading to increased infestations in agricultural areas. The
higher prevalence of pests and weeds may necessitate a greater reliance on crop
protection products, including Crop Oil Concentrates. Changes in temperature
and precipitation can impact growing seasons, affecting the timing of planting,
flowering, and harvesting. Crop Oil Concentrates may need to be adapted to
accommodate shifts in agricultural practices and ensure optimal performance under
altered climatic conditions. The increased frequency and intensity of
extreme weather events, such as floods, droughts, and storms, can disrupt
agricultural operations. Crop Oil Concentrates, like other agrochemicals, may
be affected by extreme weather events, leading to challenges in application and
effectiveness.
The Global Crop Oil Concentrates Market is segmented
into crop type, application, regional distribution, and company.
Based on its Application, Global Crop Oil Concentrates
Market is segmented into Herbicides, Insecticides, Fungicides, Others. Fungicides are
chemical substances or biological agents used to control and manage fungal
diseases in plants. These diseases can impact various crops, including fruits,
vegetables, cereals, and ornamental plants. Fungicides are a key component of
integrated pest management (IPM) strategies aimed at preventing or mitigating
the damaging effects of fungal infections. The primary purpose of fungicides
is to prevent, inhibit, or eradicate fungal infections in crops. Fungi can
cause diseases that affect leaves, stems, roots, fruits, and other plant parts,
leading to reduced crop yields, lower quality produce, and sometimes plant
death. Fungicides work through various modes of action, depending on their
chemical or biological nature. Common modes of action include disrupting fungal
cell membranes, inhibiting cell wall synthesis, interfering with energy
production, and affecting key metabolic processes. Some fungicides are
classified based on their specific target sites within the fungal cells.
Based on region, North America is dominating the
market. The economic strength of North America's agricultural sector, supported
by robust infrastructure and investment, may contribute to the dominance of the
region in the global Crop Oil Concentrates market. The diverse climate
conditions in North America, along with various pest and weed challenges, may
drive the need for effective crop protection solutions. Crop Oil Concentrates,
as part of integrated pest management strategies, can play a crucial role in addressing
these challenges. Strong trade relationships and export capabilities of North
American agricultural products may facilitate the global distribution of Crop
Oil Concentrates produced in the region.
Major companies operating in Global Crop Oil
Concentrates Market are:
- Kemin Industries, Inc.
- Wilbur-Ellis Holdings, Inc.
- CHS Inc.
- Roda International Plc
- BASF SE
- Helena Agri-Enterprises, LLC
- WinField United.
- Nutrients Ag Solutions, Inc.
- Precision Laboratories, LLC
- Simplot Grower Solutions.
Download Free Sample Report
Customers can also request for 10%
free customization on this report
“Crop Oil Concentrates market plays a pivotal role in
modern agriculture by enhancing the effectiveness of herbicides and
contributing to efficient weed management practices. As highlighted by emerging
trends and challenges, the market for Crop Oil Concentrates continues to evolve
to meet the dynamic needs of the agricultural sector," said Mr. Karan
Chechi, Research Director with TechSci Research.
“Crop Oil Concentrates Market - Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029 Segmented By
Crop Type (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables,
Others), Application (Herbicides, Insecticides, Fungicides, Others), By Region,
and By Competition”, has evaluated the future growth potential of Global
Crop Oil Concentrates Market and provides statistics & information on
market size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in Global Crop Oil Concentrates Market.
Contact
TechSci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +1-332-258-6602
Email: [email protected]
Website: www.techsciresearch.com