Agricultural Surfactants Market Trends

Growth Drivers

• Elevating Demand for Food – The agricultural surfactants increased the efficiency of the soil and improves the water penetration into the land, which in turn improves the allover production of food. The increasing population across the world is rising the shortage of farming land, thereby elevating the demand for food. It is estimated that global demand for food will reach 60%-100% by 2050.

• Scarcity of Agricultural Land – The scarcity of land has been increasing, therefore to improve the fertility of leftover land is important. The number of lands for agriculture in the U.S reached 2,012,050 farms in 2021, with a decrease of 6,950 farms from 2020 as per the estimations.

• Increase of Various Crop Diseases – surfactants are used as a microbial and pathogen elimination in plants and increase the availability of nutrient for them. As per the Food and Agriculture Organization of the United Nations, 20-40% of the crop across the world is lost to pests each year.

• Offers Low Toxicity to Plants – Agricultural surfactants have low concentrations of toxicity, that preserve the nutrients of plants, and are not harmful to humans and animals on consumption. Bio-surfactants are proved to be safe at concentrations equal to or less than 0.25 mg/ml.

• Increasing Production of Bio-Surfactants – The rising production of bio-surfactants is likely to boost the market growth. The sales of bio-surfactants in 2018 were USD 2 billion with about 440 thousand tons and are estimated to reach USD 3 billion in 2023.

Challenges

• Limited Use of Chemicals and Pesticides- on using chemicals for a longer period, it gets accumulated in the body of the consumer. The exposure to these chemicals can cause fertility defects, skin problems, genetic changes, blood disorder, and in some cases, even death. Therefore, the harmful effects of these chemical usages are likely to hamper the market growth.
• Use of Genetically Modified Seeds
• High Demand for Green Solutions