세계의 농축 작물유 시장 - 예측(2024-2029년)

The Crop Oil Concentrates Market is expected to grow at a CAGR of 5.66% from a market size of US$185.05 billion in 2022 to reach US$272.15 billion in 2029.

Crop Oil Concentrate (COC) comprises a blend of a surfactant and a high-quality, non-phytotoxic agricultural spray oil designed for utilization with various post-emergence herbicides, as well as defoliants, desiccants, and other pesticide applications. Adjuvants, like COCs, fall into two main categories: vegetable oil concentrates derived from vegetables and COCs derived from petroleum.

Numerous factors contribute to the COC market's expansion and escalating demand. COCs function as surfactants, effectively reducing the surface tension of water-based herbicide sprays. This property facilitates enhanced penetration of the herbicide solution into the waxy layer of weeds, elevating herbicide efficacy and optimizing weed control outcomes.

Moreover, COCs play a pivotal role in mitigating spray drift, a significant concern for farmers. By curbing the formation of fine droplets, COCs ensure precise delivery of the herbicide to its intended target - the weeds - while concurrently minimizing the risk of off-target exposure to desirable plants or adjacent environments.

Additionally, the augmentation of herbicide effectiveness by COCs potentially allows for reduced overall herbicide application rates, resulting in cost savings and a potential decrease in environmental impact.

Furthermore, the compatibility of COCs with a diverse array of herbicides enables farmers to concoct customized tank mixes tailored to their specific weed control requirements. Certain formulations of COCs even offer a degree of crop safety, mitigating the risk of herbicide damage to desirable plants.

As the prevalence of herbicide-resistant weeds continues to rise, there is a pressing need for more efficacious weed control strategies. COCs emerge as pivotal components in these strategies by bolstering the effectiveness of existing herbicides.

In summary, the COC market is poised for sustained growth owing to its capacity to amplify herbicide efficacy, confer benefits to farmers, and potentially contribute to the advancement of sustainable agricultural practices.

Market Drivers:

• Adoption of Herbicide-Tolerant Crops

The demand for crop oil concentrates has experienced a notable increase, largely due to the widespread adoption of herbicide-tolerant crops. These crops are genetically engineered to withstand certain herbicides, facilitating targeted weed control: the eradication of unwanted plants without harming the desired crop.

This technology enhances crop safety and minimizes the risk of herbicide-related damage. When combined with crop oil concentrates to improve spread and adhesion, these herbicide-tolerant crops become even more effective.

• Increased focus on bio-pesticides is expected to propel the market growth

The market for crop oil concentrate is growing due to rising pesticide use and the need to reduce pesticide use per hectare. The market will also grow as a result of the expansion of precision farming in Europe and North America.

• Increased demand for Sustainable Agriculture

Sustainable agriculture involves farming practices aimed at safeguarding the environment, preserving and enhancing natural resources, and optimizing the utilization of nonrenewable resources. In March 2023, the federal government initiated the application process for six programs under the Sustainable Canadian Agricultural Partnership (SCAP), which marks Canada's latest iteration of its five-year farm policy framework.

These programs, totaling CAD 645 million, form part of the CAD 1 billion federal-only segment within SCAP. Furthermore, additional programs are slated for announcement under the CAD 2.5 billion SCAP component, representing shared federal-provincial expenditure. Farmers will also maintain access to various federal and provincial Business Risk Management programs.

COCs possess the potential to contribute to sustainable agricultural practices by potentially diminishing the overall usage of herbicides. This dovetails effectively with the escalating emphasis on environmentally conscious agricultural techniques. As a result, this trend is anticipated to foster overall market growth.

Market Restraint:

• Price volatility as restraint

Crop oil concentrates are predominantly sourced from vegetable oils such as soybean oil, palm oil, or canola oil. The volatility in the prices of these raw materials can have a considerable effect on the production expenses of crop oil concentrates. Consequently, this may result in market price fluctuations and potentially deter certain farmers from embracing the technology.

Crop oil concentrates market segmentation by concentration type into less than 15%, between 15% and 25%, and more than 25%

By concentration type, the crop oil concentrates market can be segmented as less than 25%, between 15% and 25%, and greater than 25%. Crop oil concentrates with higher surfactant have a better coverage area for pesticides and impart surfactant properties to pesticides. There are no standard rules for the concentration of crop oil concentrate, therefore, greater than 25% surfactant has a major market share.

North America is anticipated to hold a significant share of the crop oil concentrates market.

North America is poised to command a significant portion of the crop oil concentrates market. With its well-developed and technologically advanced agricultural sector, the region exhibits a heightened demand for effective weed control solutions, such as COCs, aimed at maximizing crop yields and bolstering profitability.

According to U.S. Code Title 7, Section 3103, the concept of "sustainable agriculture" encompasses an integrated system of plant and animal production practices tailored to specific sites. These practices are designed to fulfill human food and fiber needs over the long term, maintain the economic viability of farm operations, enhance the quality of life for farmers and society as a whole, and optimize the utilization of nonrenewable resources while integrating natural biological cycles and controls where suitable.

North America benefits from a robust regulatory framework governing agricultural products, including COCs. This framework offers clarity and predictability to manufacturers and farmers alike regarding the utilization and safety of these products.

The rising trend of precision agriculture in North America underscores the importance of targeted input applications to optimize crop yields and resource utilization. In this context, COCs play a pivotal role by facilitating precise herbicide application, potentially leading to a reduction in overall herbicide usage.

In summary, North America's well-established agricultural sector, coupled with its regulatory clarity and emphasis on precision agriculture, positions the region as a key player in the crop oil concentrates market. This drives demand for efficient weed control solutions to enhance agricultural productivity sustainably.

Market Developments:

• January 2024- UPL Ltd., a global provider of sustainable agricultural solutions, announced today the completed acquisition of Corteva Agriscience's solo mancozeb global fungicide business outside of China, Japan, South Korea, and EU member countries.

Through this acquisition, UPL gained ownership of Dithane(R), the original global mancozeb brand known for providing farmers with a dependable disease management solution. Additionally, UPL acquired access to Rainshield(TM) technology, which facilitates crop protection during wet weather conditions.

• July 2022- The Diesel Nut program, which uses peanuts as a sustainable source of diesel fuel, is being developed by Texas A&M AgriLife and Chevron. Peanut oil has a reduced carbon intensity, which measures how much energy is required to make a product and the amount of net carbon added to the environment during that process. The partnership between AgriLife and Chevron will enable researchers to create peanuts with more oil content and those that are better suited to dry climates.

Market Segmentation:

By Crop Type

• Cereals and Grains
• Oilseeds and Pulses
• Fruits and Vegetables

By Concentration Type

• Less than 15%
• Between 15% and 25%
• Greater than 25%

By Application Type

• Herbicides
• Insecticides
• Fungicides

By Geography

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• Germany
• France
• UK
• Italy
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• Others
• Asia Pacific
• China
• Japan
• India
• South Korea
• Indonesia
• Taiwan
• Thailand
• Others

TABLE OF CONTENTS

1. INTRODUCTION

• 1.1. Market Overview
• 1.2. Market Definition
• 1.3. Scope of the Study
• 1.4. Market Segmentation
• 1.5. Currency
• 1.6. Assumptions
• 1.7. Base and Forecast Years Timeline
• 1.8. Key benefits to the stakeholder

2. RESEARCH METHODOLOGY

• 2.1. Research Design
• 2.2. Research Process

3. EXECUTIVE SUMMARY

• 3.1. Key Findings
• 3.2. Analyst View

4. MARKET DYNAMICS

• 4.1. Market Drivers
• 4.2. Market Restraints
• 4.3. Porter's Five Forces Analysis
  • 4.3.1. Bargaining Power of Suppliers
  • 4.3.2. Bargaining Power of Buyers
  • 4.3.3. Threat of New Entrants
  • 4.3.4. Threat of Substitutes
  • 4.3.5. Competitive Rivalry in the Industry
• 4.4. Industry Value Chain Analysis
• 4.5. Analyst View

5. CROP OIL CONCENTRATES MARKET BY CROP TYPE

• 5.1. Introduction
• 5.2. Cereals and Grains
  • 5.2.1. Market opportunities and trends
  • 5.2.2. Growth prospects
  • 5.2.3. Geographic lucrativeness
• 5.3. Oilseeds and Pulses
  • 5.3.1. Market opportunities and trends
  • 5.3.2. Growth prospects
  • 5.3.3. Geographic lucrativeness
• 5.4. Fruits and Vegetables
  • 5.4.1. Market opportunities and trends
  • 5.4.2. Growth prospects
  • 5.4.3. Geographic lucrativeness

6. CROP OIL CONCENTRATES MARKET BY CONCENTRATION TYPE

• 6.1. Introduction
• 6.2. Less than 15%
  • 6.2.1. Market opportunities and trends
  • 6.2.2. Growth prospects
  • 6.2.3. Geographic lucrativeness
• 6.3. Between 15% and 25%
  • 6.3.1. Market opportunities and trends
  • 6.3.2. Growth prospects
  • 6.3.3. Geographic lucrativeness
• 6.4. Greater than 25%
  • 6.4.1. Market opportunities and trends
  • 6.4.2. Growth prospects
  • 6.4.3. Geographic lucrativeness

7. CROP OIL CONCENTRATES MARKET BY APPLICATION TYPE

• 7.1. Introduction
• 7.2. Herbicides
  • 7.2.1. Market opportunities and trends
  • 7.2.2. Growth prospects
  • 7.2.3. Geographic lucrativeness
• 7.3. Insecticides
  • 7.3.1. Market opportunities and trends
  • 7.3.2. Growth prospects
  • 7.3.3. Geographic lucrativeness
• 7.4. Fungicides
  • 7.4.1. Market opportunities and trends
  • 7.4.2. Growth prospects
  • 7.4.3. Geographic lucrativeness

8. CROP OIL CONCENTRATES MARKET BY GEOGRAPHY

• 8.1. Introduction
• 8.2. North America
  • 8.2.1. By Crop Type
  • 8.2.2. By Concentration Type
  • 8.2.3. By Application Type
  • 8.2.4. By Country
    • 8.2.4.1. United States
      • 8.2.4.1.1. Market Trends and Opportunities
      • 8.2.4.1.2. Growth Prospects
    • 8.2.4.2. Canada
      • 8.2.4.2.1. Market Trends and Opportunities
      • 8.2.4.2.2. Growth Prospects
    • 8.2.4.3. Mexico
      • 8.2.4.3.1. Market Trends and Opportunities
      • 8.2.4.3.2. Growth Prospects
• 8.3. South America
  • 8.3.1. By Crop Type
  • 8.3.2. By Concentration Type
  • 8.3.3. By Application Type
  • 8.3.4. By Country
    • 8.3.4.1. Brazil
      • 8.3.4.1.1. Market Trends and Opportunities
      • 8.3.4.1.2. Growth Prospects
    • 8.3.4.2. Argentina
      • 8.3.4.2.1. Market Trends and Opportunities
      • 8.3.4.2.2. Growth Prospects
    • 8.3.4.3. Others
      • 8.3.4.3.1. Market Trends and Opportunities
      • 8.3.4.3.2. Growth Prospects
• 8.4. Europe
  • 8.4.1. By Crop Type
  • 8.4.2. By Concentration Type
  • 8.4.3. By Application Type
  • 8.4.4. By Country
    • 8.4.4.1. Germany
      • 8.4.4.1.1. Market Trends and Opportunities
      • 8.4.4.1.2. Growth Prospects
    • 8.4.4.2. France
      • 8.4.4.2.1. Market Trends and Opportunities
      • 8.4.4.2.2. Growth Prospects
    • 8.4.4.3. UK
      • 8.4.4.3.1. Market Trends and Opportunities
      • 8.4.4.3.2. Growth Prospects
    • 8.4.4.4. Italy
      • 8.4.4.4.1. Market Trends and Opportunities
      • 8.4.4.4.2. Growth Prospects
    • 8.4.4.5. Others
      • 8.4.4.5.1. Market Trends and Opportunities
      • 8.4.4.5.2. Growth Prospects
• 8.5. Middle East and Africa
  • 8.5.1. By Crop Type
  • 8.5.2. By Concentration Type
  • 8.5.3. By Application Type
  • 8.5.4. By Country
    • 8.5.4.1. Saudi Arabia
      • 8.5.4.1.1. Market Trends and Opportunities
      • 8.5.4.1.2. Growth Prospects
    • 8.5.4.2. UAE
      • 8.5.4.2.1. Market Trends and Opportunities
      • 8.5.4.2.2. Growth Prospects
    • 8.5.4.3. Israel
      • 8.5.4.3.1. Market Trends and Opportunities
      • 8.5.4.3.2. Growth Prospects
    • 8.5.4.4. Others
      • 8.5.4.4.1. Market Trends and Opportunities
      • 8.5.4.4.2. Growth Prospects
• 8.6. Asia Pacific
  • 8.6.1. By Crop Type
  • 8.6.2. By Concentration Type
  • 8.6.3. By Application Type
  • 8.6.4. By Country
    • 8.6.4.1. China
      • 8.6.4.1.1. Market Trends and Opportunities
      • 8.6.4.1.2. Growth Prospects
    • 8.6.4.2. Japan
      • 8.6.4.2.1. Market Trends and Opportunities
      • 8.6.4.2.2. Growth Prospects
    • 8.6.4.3. India
      • 8.6.4.3.1. Market Trends and Opportunities
      • 8.6.4.3.2. Growth Prospects
    • 8.6.4.4. South Korea
      • 8.6.4.4.1. Market Trends and Opportunities
      • 8.6.4.4.2. Growth Prospects
    • 8.6.4.5. Indonesia
      • 8.6.4.5.1. Market Trends and Opportunities
      • 8.6.4.5.2. Growth Prospects
    • 8.6.4.6. Taiwan
      • 8.6.4.6.1. Market Trends and Opportunities
      • 8.6.4.6.2. Growth Prospects
    • 8.6.4.7. Thailand
      • 8.6.4.7.1. Market Trends and Opportunities
      • 8.6.4.7.2. Growth Prospects
    • 8.6.4.8. Others
      • 8.6.4.8.1. Market Trends and Opportunities
      • 8.6.4.8.2. Growth Prospects

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

• 9.1. Major Players and Strategy Analysis
• 9.2. Market Share Analysis
• 9.3. Mergers, Acquisition, Agreements, and Collaborations
• 9.4. Competitive Dashboard

10. COMPANY PROFILES

• 10.1. Farmers Business Network, Inc
• 10.2. Harrell's L.L.C.
• 10.3. Plant Health Technologies
• 10.4. Nutrien Ag Solutions
• 10.5. Helena Agri-Enterprises, LLC
• 10.6. Precision Laboratories, L.L.C.
• 10.7. CHS, Inc.
• 10.8. KALO, Inc.
• 10.9. Winfield United
• 10.10. BASF Corporation
• 10.11. Croda International Plc
• 10.12. Invicts Crop Care LLC