Adjuvants Market Size (2023 - 2030)

The global Adjuvants Market size is projected to reach USD 4.6 billion by 2030 from USD 3.7 billion in 2022. The market is growing with a CAGR of 6.3% from 2023 - 2030.

Modern agriculture makes use of adjuvants commonly. Adjuvants in agriculture help in fixing the productivity of pesticides and accordingly escalate the yield and performance of the crop. Adjuvants in the agricultural sector include oils, ammonium, fertilizers, and surfactants.

COVID-19 Impact on Adjuvants Market

With the quick spread of the novel coronavirus (COVID-19), the governments have shut down borders and economies to avoid the virus spread. The Food and Agriculture Organization (FAO) has recognized the COVID-19 spread is sagging in certain countries and regions globally.  Some countries are depending on global imports and facing hard circumstances. During the first half of 2022, the adjuvants market has experienced an adverse impact as the market depends on raw materials like petroleum and vegetable oil for their production. This factor causes an imbalance between the demand and supply quantities. Enormously the cost of the commodities has led to the increase in adjuvant prices.

MARKET DRIVERS

Factors like increase in population volume with brisk urbanization along with accelerating issues to decrease the supply-demand among food consumption and production. These factors help in accumulating the adjuvant's market growth. The easy availability of economical and organically adequate adjuvants augments the growing market demand. The market growth is generated by increasing demand in agrochemical and growing significance for perfect farming. The demand for better crop yield is due to the decrease of agricultural lands. Also, the demand for fresh and better food is garnering quick growth in the adjuvants market growth throughout the forecasted period.

Moreover, the demand for food grains is stimulating ascribed to many existing countries from lower to middle-income economies.

MARKET RETRAINTS

However, the attention on inherently modified seeds and environmental validity are key factors restraining the adjuvants market.

ADJUVANTS MARKET REPORT COVERAGE

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Segmentation Analysis

The global adjuvants market is segmented and sub-segmented as follows:

Adjuvants Market – By Source

• Adjuvant Emulsions
• Pathogen Components
• • Monophosphoryl Lipid A
  • Poly(I:C)
  • CpG DNA Adjuvants
• Particulate Adjuvants
• • CytoKines
  • Virosomes
  • Alum

• Combination Adjuvants

Adjuvants Market  – By Category

• Agricultural Adjuvants
  • By Type
    • Activator Adjuvants
      • Surfactants
      • Ionic
      • Non-Ionic
      • Amphoteric
      • Oil Adjuvants
      • Vegetable Oil
      • Petroleum Oil

• • • Utility Adjuvants
      • Compatibility Agents
      • Buffers/Acidifiers
      • Antifoam Agents
      • Water Conditioners
      • Drift Control Agents
      • Others

• • By Application Insights
    • Herbicides
    • Insecticides
    • Fungicides
    • Others

• • By Crop Type
• • • Grains & Cereals
    • Oil Seeds and Pulses
    • Fruits & Vegetables
    • Others

• Vaccine Adjuvants
  • By Route of Administration
    • Oral Intramuscular
    • Intranasal
    • Subcutaneous
    • Intradermal

• • By Disease
    • Cancer
    • Infectious Diseases

Adjuvants Market - By Application

• Farming
• Veterinary Medicine
• Medical and Pharmacy
• Research and Education
• Commercial Applications
• Others

Regional Analysis

With the largest share in the adjuvants market, North America is believed to grow with the majority of the share. It is the largest market for advanced crop protection technologies. The use of adjuvants is at a high level. In the U.S., farmers are more educated and have more knowledge about pesticides that are appropriate for their crop growth, and the rise in population led to the export of food grains from the developed economies. The U.S Environmental Protection Agency (EPA) alters adjuvant formulations.

Europe is said to have a promising growth in the adjuvants market over the agricultural sector. As per the PAN Europe, 7% of the groundwater stations in the European countries believed that massive levels for one or more pesticides.

However, Asia-Pacific is expected to grow with speedy growth with the highest CAGR growth during the forecast period. The appearance of quickly developing countries like India and China boom the adjuvants market growth. In Asia-Pacific, agrochemicals adoption is on the hike, surging farm expenditure, and favorable government initiatives like fundings and incentive schemes fuel the market growth. In some Asian countries, the production of cereals and grains urge the herbicides segment in the adjuvants market.

Latin American market for adjuvants is estimated to observe strong and healthy growth from 2023 - 2030. The region's growth owes to the rising crop protection chemicals market with the growing strong adoption inclination for developed technologies in cultivation crops.

The Middle East and African adjuvants market has generated generous growth with USD 125 million by 2030 during the historical period. Many governments across different countries are upgrading efficient and superior farming methods. In MEA, utility adjuvants are used as it helps in the finer application of products over the desired product.

Key Market Players

1. Corteva (US)
2. Evonik Industries (Germany)
3. Nufarm (Australia)
4. Croda International (UK)
5. Solvay (Belgium)

6. Adjuvants Market - Forecast (2021 - 2026)

   Chapter 1. Adjuvants Market  – Scope & Methodology

   1.1. Market Segmentation

   1.2. Assumptions

   1.3. Research Methodology

   1.4. Primary Sources

   1.5. Secondary Sources

   Chapter 2. Adjuvants Market  – Executive Summary

   2.1. Market Size & Forecast – (2021 – 2026) ($M/$Bn)

   2.2. Key Trends & Insights

      2.3. COVID-19 Impact Analysis

                   2.3.1. Impact during 2021 - 2026

                   2.3.2. Impact on Supply – Demand

                   2.3.3. Impact on Production Cost

                   2.3.4. Impact on Supply Chain

   Chapter 3. Adjuvants Market  – Competition Scenario

   3.1. Market Share Analysis

   3.2. Product Benchmarking

   3.3. Competitive Strategy & Development Scenario

   3.4. Competitive Pricing Analysis

   3.5. Supplier - Distributor Analysis

   Chapter 4. Adjuvants Market  Entry Scenario

   4.1. Case Studies – Start-up/Thriving Companies

   4.2. Regulatory Scenario - By Region

   4.3  Customer Analysis

   4.4. Porters Five Force Model

                   4.4.1. Bargaining Power of Suppliers

                   4.4.2. Bargaining Powers of Customers

                   4.4.3. Threat of New Entrants

                   4.4.4. Rivalry among Existing Players

                   4.4.5. Threat of Substitutes

   Chapter 5. Adjuvants Market  - Landscape

   5.1. Value Chain Analysis – Key Stakeholders Impact Analysis

   5.2. Market Drivers

   5.3. Market Restraints/Challenges

   5.4. Market Opportunities

   Chapter 6. Adjuvants Market – By Source

   6.1. Adjuvant Emulsions

   6.2. Pathogen Components

                   6.2.1. Monophosphoryl Lipid A

                   6.2.2. Poly(I:C)

                   6.2.3. CpG DNA Adjuvants

   6.3. Particulate Adjuvants

                   6.3.1. CytoKines

                   6.3.2. Virosomes

                   6.3.3. Alum

   6.4. Combination Adjuvants

   Chapter 7 . Adjuvants Market  – By Category

   7.1. Agricultural Adjuvants

                   7.1.1. By Type

                     7.1.1.1. Activator Adjuvants

                                                   7.1.1.1.1. Surfactants

                                                   7.1.1.1.1.1. Ionic

                                                   7.1.1.1.1.2. Non-Ionic

                                                   7.1.1.1.1.3. Amphoteric

                                                   7.1.1.1.2. Oil Adjuvants

                                                   7.1.1.1.2.1. Vegetable Oil

                                                   7.1.1.1.2.2. Petroleum Oil

                     7.1.1.2. Utility Adjuvants

                                                   7.1.1.2.1. Compatibility Agents

                                                   7.1.1.2.2. Buffers/Acidifiers

                                                   7.1.1.2.3. Antifoam Agents         

                                   7.1.1.2.4. Water Conditioners

                                                   7.1.1.2.5. Drift Control Agents

                                                   7.1.1.2.6. Others

                   7.1.2. By Application Insights

                                   7.1.2.1. Herbicides

                                   7.1.2.2. Insecticides

                                   7.1.2.3. Fungicides

                                   7.1.2.4. Others

                   7.1.3. By Crop Type

                                   7.1.3.1. Grains & Cereals

                                   7.1.3.2. Oil Seeds and Pulses

                                   7.1.3.3. Fruits & Vegetables

                                   7.1.3.4. Others

   7.2. Vaccine Adjuvants

                   7.2.1. By Route of Administration

                                   7.2.1.1. Oral Intramuscular

                                   7.2.1.2. Intranasal

                                   7.2.1.3. Subcutaneous

                                   7.2.1.4. Intradermal

                   7.2.2. By Disease

                                   7.2.2.1. Cancer

                                   7.2.2.2. Infectious Diseases

   Chapter 8 . Adjuvants Market  – By Application

   8.1. Farming

   8.2. Veterinary Medicine

   8.3. Medical and Pharmacy

   8.4. Research and Education

   8.5. Commercial Applications

   8.6. Others

   Chapter 9. Adjuvants Market , By Geography – Market Size, Forecast, Trends & Insights

   9.1. North America

                   9.1.1. U.S.A

                   9.1.2. Canada

                   9.1.3. Mexico

   9.2. Europe

                   9.2.1. Italy

                   9.2.2. Spain

                   9.2.3. Russia

                   9.2.4. Germany

                   9.2.5. UK

                   9.2.6. France

                   9.2.7. Rest of Europe

   9.3. Asia Pacific

              9.3.1. Japan

              9.3.2. South Korea

              9.3.3. China

             9.3.4. India

             9.3.5. Australia & New Zealand

             9.3.6. Rest of Asia-Pacific

   9.4. Rest of the World

                   9.4.1. Middle East

                   9.4.2. Africa

                   9.4.3. South America

   Chapter 10. Adjuvants Market  – Company Profiles – (Overview, Product Portfolio, Financials, Developments)

   10.1. Company 1

   10.2. Company 2

   10.3. Company 3

   10.4. Company 4

   10.5. Company 5

   10.6. Company 6

   10.7. Company 7

   10.8. Company 8

   10.9. Company 9

   10.10. Company 10