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Crop Oil Concentrates Market Trends

  • Report ID: GMI7801
  • Published Date: Jan 2024
  • Report Format: PDF

Crop Oil Concentrates Market Trends

There is a rising awareness among farmers about the benefits of adjuvants, driving an increased adoption of precision farming practices. Farmers are increasingly recognizing the role of crop oil concentrates in optimizing the performance of herbicides, insecticides, and fungicides, thereby enhancing overall crop yield and quality. One key product trend is the increasing demand for environmentally friendly formulations, reflecting a broader shift towards sustainable agriculture. Consumers and farmers alike are placing greater emphasis on products that minimize environmental impact while maintaining high efficacy in crop protection. Additionally, there is a growing trend towards the development of specialized formulations tailored to specific crops, enabling more targeted and efficient application. The market is also experiencing the influx of new technologies, particularly in formulation processes. Advancements in formulation technologies are contributing to the creation of more stable mixtures with improved compatibility, leading to enhanced coverage on plant surfaces.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market size for crop oil concentrates was valued at USD 215 million in 2023 and is anticipated to register over 4.5% CAGR between 2024 and 2032 attributed to the increasing adoption of precision farming practices, where farmers seek to optimize input usage and maximize crop yield.

Conventional COCs segment held a revenue share worth USD 96.27 million in 2023 and will grow significantly through 2032 due to their established use and familiarity among farmers.

Asia Pacific Crop Oil Concentrates Industry was valued at over USD 95 million in 2023 and will witness substantial growth through 2032 as it is a pivotal contributor to the global agricultural sector, with extensive cultivation of various crops.

BASF SE, Wilbur-Ellis, Innvictus, Kalo, Militello Farm Supply, UPL Ltd, CHS, Nutrien Horticulture, Helena Agri-Enterprises, Winfield United, BRANDT Co., and Precision Laboratories.

Crop Oil Concentrates Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 241
  • Countries covered: 18
  • Pages: 300
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