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Top Factor Driving Agricultural Algaecides Market Growth in 2025: Rising Agricultural Sector Fuels Growth In The Agricultural Algaecides Market

02-21-2025 08:17 AM CET | Food & Beverage

Press release from: The Business Research Company

Agricultural Algaecides Market

Agricultural Algaecides Market

What industry-specific factors are fueling the growth of the agricultural algaecides market?
The agricultural algaecides market is witnessing growth due to the expansion of the agricultural sector. This sector comprises enterprises mainly involved in the cultivation of crops, animal rearing, and fishery, which occurs in farms, ranches, and their natural habitats. By applying algaecides, the sector boosts agricultural yield by managing weeds and insect pests outside of agricultural buildings, nurseries, greenhouses, and similar operations. Increased agricultural activity translates into increased use of algaecides to enhance crop yield and quality. As an example, the U. S. Department of Agriculture (USDA) reported in September 2023 that the cumulative contribution of agriculture, food, and related sectors to the United States' GDP reached approximately $1.264 trillion in 2021, accounting for 5.4%. The economic output produced by American farms amounted to $164.7 billion, which equates to about 0. 7% of the country's GDP. Consequently, the growth of the agricultural sector is a significant factor driving the agricultural algaecides market expansion.

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What Is the projected market size and growth rate for the agricultural algaecides market?
The size of the agricultural algaecides market has seen a robust growth in the past years. It is projected to rise from $3.61 billion in 2024 to $3.86 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.8%. Factors contributing to the growth during the historic period include increasing worries over water quality, growth of the aquaculture industry, conventional agricultural approaches, and crop protection.

The size of the agricultural algaecides market is forecasted to witness significant expansion in the upcoming years, projected to escalate to $5.29 billion by 2029 with a compound annual growth rate (CAGR) of 8.2%. The anticipated development for the forecast period hinges on an increasing global population, effects of climate change, burgeoning awareness about sustainable farming, and emerging markets. The period in focus will also see prime trends like a heightened focus on bio-based algaecides, adoption of precision farming, fostering collaborations and partnerships, increased emphasis on research and development, implementation of digital farming methods, and enlargement of the global market.

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What new trends are reshaping the agricultural algaecides market and its opportunities?
Key players in the agricultural algaecide market are pioneering non-copper-based algaecides as new product offerings with the aim of reaching a broader clientele, improving sales and escalating their income. These algaecides, devoid of the copper-based active constituents, are chemicals or combinations designed to tackle or eradicate algal proliferation in diverse environments, like water bodies. For example, in May 2022, a US-based firm specializing in aquatic flora control, Lake Restoration, introduced Cape Furl - an algaecide and fungicide specifically designed for habitats containing live fish and plants. Notably, Cape Furl, devoid of any copper components, offers a swift and potent remedy for the annihilation of algae, mold, or moss. It is an EPA-approved algaecide incorporating sodium carbonate peroxyhydrate (SCP). It provides a powerful solution to curb algae in ponds while safeguarding delicate fish species like trout, koi, and channel catfish which can be negatively impacted by copper-based algaecides. This product can be administered by evenly spreading the powdered granules over the alga-infested regions or by liquefying the granules in water and evaporating them onto the algal covers.

What major market segments define the scope and growth of the agricultural algaecides market?
The agricultural algaecides market market covered in this report is segmented -

1) By Type: Copper Sulphate, Chelated Copper, Peroxyacetic Acid, Hydrogen Dioxide, Dyes, Colorants, Other Types
2) By Mode Of Action: Selective, Non-Selective
3) By Category: Synthetic Algaecides, Natural Algaecides
4) By Form: Solid, Liquid

Subsegments:
1) By Copper Sulphate: Crystals, Liquid Form
2) By Chelated Copper: EDTA Chelates, DTPA Chelates, Others
3) By Peroxyacetic Acid: Industrial Grade, Food Grade
4) By Hydrogen Dioxide: Stabilized Solutions, Concentrated Solutions
5) By Dyes: Food Dyes, Industrial Dyes
6) By Colorants: Natural Colorants, Synthetic Colorants
7) By Other Types: Biocontrol Agents, Enzymatic Algaecides, Natural Extracts

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Which region dominates the agricultural algaecides market?
North America was the largest region in the agricultural algaecides market in 2024. The regions covered in the agricultural algaecides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Which key market leaders are driving the agricultural algaecides industry growth?
Major companies operating in the agricultural algaecides market market include Dow Inc, Nufarm Agriculture Inc., Bioguard Organics Ltd., Bayer AG, Lonza Group Ltd., United Phosphorus Limited, Oreq Corporation, Waterco Limited, Syngenta Group Co. Ltd, BioSafe Systems LLC, Airmax Inc., Sepro Corporation, FMC Corporation, SIPCAM-OXON GROUP, Origin Enterprises PLC, Certis USA LLC, Vanson HaloSource Inc., Brandt Consolidated Inc., Gowan Company LLC, Helena Agri-Enterprises LLC, Isagro S. p. A., Marrone Bio Innovations Inc., Valent BioSciences LLC, Wilbur-Ellis Company

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What Is Covered In The Agricultural Algaecides Global Market Report?

•Market Size Forecast: Examine the agricultural algaecides market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the agricultural algaecides market for a structured understanding.
•Key Players Overview: Analyze major players in the agricultural algaecides market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the agricultural algaecides market.
•Segment Contributions: Evaluate how different segments drive overall growth in the agricultural algaecides market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the agricultural algaecides market.
•Industry Challenges: Identify potential risks and obstacles affecting the agricultural algaecides market.
•Competitive Landscape: Review strategic developments in the agricultural algaecides market, including expansions, agreements, and new product launches.

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