North America Crop Oil Concentrates Market (2024-2030) | Value, Outlook, Companies, Analysis, Size, Forecast, Trends, Industry, Growth, Revenue & Share

Topics Covered in North America Crop Oil Concentrates Market Report

North America Crop Oil Concentrates Market report thoroughly covers the market by countries, application and crop type. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

North America Crop Oil Concentrates Market Synopsis

North America crop oil concentrates market is expected to witness steady growth in the future. This can be attributed to the increasing demand for sustainable and efficient agricultural practices, as well as the rising adoption of precision farming techniques in the region. Additionally, the growing trend of organic farming and the need for reducing chemical usage in crop production are also driving the market growth.

According to 6Wresearch, North America Crop Oil Concentrates Market size is expected to grow at a significant CAGR of 5.2% during 2024-2030. One of the major drivers for this market is the growing concerns regarding soil health and environmental impact of traditional chemical pesticides and fertilizers. Crop oil concentrates are considered to be eco-friendly alternatives, reducing the risk of contamination in soil and water bodies. This has led to a rise in demand for these products among farmers and agricultural organizations.

To further support the adoption of crop oil concentrates, many governments in North America are implementing initiatives and providing subsidies to encourage sustainable farming practices. For instance, the United States Department of Agriculture (USDA) offers funding for research and development of biopesticides, including crop oil concentrates, under their Organic Agriculture Research and Extension Initiative (OREI).

However, there are also challenges faced by this market, such as the high costs associated with crop oil concentrates compared to conventional pesticides and fertilizers. Limited awareness and availability of these products in certain regions also pose a challenge for market growth.

North America Crop Oil Concentrates Industry: Leading Players

Some of the key players in the North America crop oil concentrates market include BASF SE, Wilbur-Ellis Holdings Inc., Nutrien Ltd., WinField United, and The Andersons Inc. These companies are investing in research and development to introduce innovative products and expand their product portfolios to cater to the growing demand.

Crop Oil Concentrates Market in North America: Government Initiatives

Government initiatives promoting sustainable agriculture practices are also expected to drive the market growth in North America. For instance, the US Department of Agriculture’s (USDA) Conservation Reserve Program (CRP) offers incentives for farmers who adopt sustainable practices, including the use of crop oil concentrates. This will not only drive market growth but also contribute to the overall goal of promoting sustainable agriculture and reducing environmental impact.

Future Insights of the Market

Crop oil concentrates are gaining popularity in North America due to their numerous benefits for both farmers and the environment. As the demand for sustainable and organic food continues to rise, the market for these products is expected to grow even further in the coming years. This presents a great opportunity for companies operating in this market to expand their product portfolio and contribute towards promoting sustainable agriculture practices in the region. Moreover, with increasing support from government initiatives and growing awareness among consumers, the future looks bright for the North America crop oil concentrates market.

Market Segmentation by Countries

According to Ravi Bhandari, Research Head, 6Wresearch, as one of the largest producers and exporters of agricultural products in the world, the United States has a significant demand for crop oil concentrates. The country's vast farmlands and high-tech farming practices have contributed to its dominance in the market. Additionally, government initiatives promoting sustainable agriculture have also led to an increase in demand for environmentally friendly crop protection products like crop oil concentrates.

Market Segmentation by Application

Herbicides are expected to dominate the market due to their wide usage in weed control. Herbicides help farmers control unwanted plants that compete with crops for nutrients, light, and space. With the rising adoption of modern farming techniques and increasing concern towards sustainable agriculture practices, the demand for herbicides is expected to remain high.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• North America Crop Oil Concentrates Market Outlook
• Market Size of North America Crop Oil Concentrates Market, 2023
• Forecast of North America Crop Oil Concentrates Market, 2030
• Historical Data and Forecast of North America Crop Oil Concentrates Revenues & Volume for the Period 2020 - 2030
• North America Crop Oil Concentrates Market Trend Evolution
• North America Crop Oil Concentrates Market Drivers and Challenges
• North America Crop Oil Concentrates Price Trends
• North America Crop Oil Concentrates Porter's Five Forces
• North America Crop Oil Concentrates Industry Life Cycle
• Historical Data and Forecast of North America Crop Oil Concentrates Market Revenues & Volume By Application for the Period 2020 - 2030
• Historical Data and Forecast of North America Crop Oil Concentrates Market Revenues & Volume By Herbicides for the Period 2020 - 2030
• Historical Data and Forecast of North America Crop Oil Concentrates Market Revenues & Volume By Insecticides for the Period 2020 - 2030
• Historical Data and Forecast of North America Crop Oil Concentrates Market Revenues & Volume By Fungicides for the Period 2020 - 2030
• Historical Data and Forecast of United States Crop Oil Concentrates Market Revenues & Volume By Application for the Period 2020 - 2030
• Historical Data and Forecast of United States Crop Oil Concentrates Market Revenues & Volume By Herbicides for the Period 2020 - 2030
• Historical Data and Forecast of United States Crop Oil Concentrates Market Revenues & Volume By Insecticides for the Period 2020 - 2030
• Historical Data and Forecast of United States Crop Oil Concentrates Market Revenues & Volume By Fungicides for the Period 2020 - 2030
• Historical Data and Forecast of Canada Crop Oil Concentrates Market Revenues & Volume By Application for the Period 2020 - 2030
• Historical Data and Forecast of Canada Crop Oil Concentrates Market Revenues & Volume By Herbicides for the Period 2020 - 2030
• Historical Data and Forecast of Canada Crop Oil Concentrates Market Revenues & Volume By Insecticides for the Period 2020 - 2030
• Historical Data and Forecast of Canada Crop Oil Concentrates Market Revenues & Volume By Fungicides for the Period 2020 - 2030
• Historical Data and Forecast of North America Crop Oil Concentrates Market Revenues & Volume By Crop Type for the Period 2020 - 2030
• Historical Data and Forecast of North America Crop Oil Concentrates Market Revenues & Volume By Cereals & grains for the Period 2020 - 2030
• Historical Data and Forecast of North America Crop Oil Concentrates Market Revenues & Volume By Oilseeds & Pulses for the Period 2020 - 2030
• Historical Data and Forecast of North America Crop Oil Concentrates Market Revenues & Volume By Fruits & Vegetables for the Period 2020 - 2030
• Historical Data and Forecast of United States Crop Oil Concentrates Market Revenues & Volume By Crop Type for the Period 2020 - 2030
• Historical Data and Forecast of United States Crop Oil Concentrates Market Revenues & Volume By Cereals & grains for the Period 2020 - 2030
• Historical Data and Forecast of United States Crop Oil Concentrates Market Revenues & Volume By Oilseeds & Pulses for the Period 2020 - 2030
• Historical Data and Forecast of United States Crop Oil Concentrates Market Revenues & Volume By Fruits & Vegetables for the Period 2020 - 2030
• Historical Data and Forecast of Canada Crop Oil Concentrates Market Revenues & Volume By Crop Type for the Period 2020 - 2030
• Historical Data and Forecast of Canada Crop Oil Concentrates Market Revenues & Volume By Cereals & grains for the Period 2020 - 2030
• Historical Data and Forecast of Canada Crop Oil Concentrates Market Revenues & Volume By Oilseeds & Pulses for the Period 2020 - 2030
• Historical Data and Forecast of Canada Crop Oil Concentrates Market Revenues & Volume By Fruits & Vegetables for the Period 2020 - 2030
• North America Crop Oil Concentrates Market - Key Performance Indicators
• North America Crop Oil Concentrates Market - Import Export Trade Statistics
• North America Crop Oil Concentrates Market - Opportunity Assessment By Countries
• North America Crop Oil Concentrates Market - Opportunity Assessment By Application
• North America Crop Oil Concentrates Market - Opportunity Assessment By Crop Type
• North America Crop Oil Concentrates Market - Top Companies Market Share
• North America Crop Oil Concentrates Market - Top Companies Profiles
• North America Crop Oil Concentrates Market - Comparison of Players in Technical and Operating Parameters
• North America Crop Oil Concentrates Market - Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Countries

• United States
• Canada

By Application

• Herbicides
• Insecticides
• Fungicides

By Crop Type

• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables