Crop Oil Concentrates Market : Market Dynamics

1. MarketsandMarketsPresents Crop Oil Concentrates Market : Market Dynamics

2. Introduction The report "Crop Oil Concentrates Market by Application (Herbicides, Insecticides, and Fungicides), Crop Type (Cereals & grains, Oilseeds & Pulses, and Fruits & Vegetables), Surfactant Concentration, and Region - Global Forecast to 2025" The crop oil concentrates market is projected to reach USD 254 million by 2025, from USD 199 million in 2019, recording a CAGR of 4.1% during the forecast period. Due to the increasing need for improving the efficiency of agrochemicals, the emergence of high surfactant oil concentrate (HSCOC), and growing adoption of herbicide-tolerant crops, the crop oil concentrates market is projected to witness significant growth during the forecast period. The global market was dominated by North America in 2018, in terms of value and volume, due to the high presence of COC manufacturers and adoption of modern agricultural technology such as precision farming and plant biotechnology. However, the demand for COCs in developing regions, such as South America has significantly increased. This is mainly due to the growing adoption of agrochemicals, advancements in farming techniques in Brazil and Argentina, and establishment of distribution channels by global agrochemical players. In addition, the consumption of herbicides is quite high in the region, according to FAOSTAT. Due to these factors, the market in South America is projected to record the highest growth during the forecast period. Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=37560923

4. Report Objectives • To determine and forecast the size of the global market, by application, crop type, surfactant concentration, and region • To strategically analyze the demand-side factors on the basis of the following: • Impact of macro- and microeconomic factors on the market • Shifts in demand patterns across different subsegments and regions • To identify the key drivers and restraints that have an impact on the global market • To strategically profile the key players and comprehensively analyze their market positions in terms of core competencies, along with detailing the competitive landscape for market leaders • To provide insights on the key investments in product innovations and patent registrations • To analyze the supply chain and regulatory frameworks across regions and their impact on prominent market players

5.  Market Dynamics  • Drivers: • High Acceptance Due to Its Major Role in Improving the Efficiency of Agrochemicals • Growing Market for Generic Pesticides • Increasing Adoption of Herbicide-Tolerant Crops • Restraints: • Fluctuations in Raw Material Prices • Growing Competition From Vegetable-Derived Oil Concentrates

6. Opportunities: • Advent of Precision Farming Can Create Opportunities for Tank Mix Formulations • Challenges: • Growing Environmental and Human Health Concerns

7. Target Audience • Supply-side: Adjuvant manufacturers, suppliers, distributors, importers, and exporters • Traders and suppliers of raw materials such as petrochemical distillers • Demand-side: Pesticide manufacturers, farmers, farmer organizations, and contract farmers • Regulatory side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies • Associations and industry bodies: Food and Agriculture Organization (FAO), International Society for Agrochemical Adjuvants (ISAA), US Department of Agriculture (USDA), and Pesticide Action Network (PAN)

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