Agricultural Colorants Market Report Predicts impressive growth by 2024 just published

Research Reports

Jan 21, 2021

Market Overview

Global Agricultural Colorants Market estimated to be USD 750 million in 2019 and is expected to register a CAGR of 4.3% during the forecast period of 2019 to 2024. Agricultural colorants are used to impart color to seeds and fertilizers, turf and ornamental plants, lakes and ponds, and dried flowers, among others. They also find application in leak detection and water tracing. Agricultural colorants offer monitoring consistency, help in distinguishing between different products, and uniformity of product.

Competitive Analysis

Some of the prominent players operating in the Global Agricultural Colorants Market are Sensient Technologies Corporation (US), Bayer AG (Germany), Clariant (Switzerland), Aakash Chemicals (US), Keystone Inc. (US), Germains Seed Technology (UK), Chromatech Incorporated (US), BASF SE (Germany), Lanxess (Germany), Organic Dyes and Pigments (US), Sun Chemical (US), and Milliken Chemical (US).

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Market Segment

Based on application, the global Agricultural Colorants Market has been segregated into fertilizers, seed treatment, turf and ornamental plants, ponds and lakes, and crop protection products. The turf and ornamental plants segment are projected to be the largest market during the assessment period owing to the widespread use of agricultural colorants in lawns, athletic fields, and recreational parks. Colorants enhance aesthetic value as they help make turf look fresh and green all year round. The ponds and lakes segment are expected to be the fastest-growing market in the coming years due to the increased use of agricultural colorants in minimizing algae growth in ponds. Blue colorants are used to impart color to make lakes look clean. The fertilizers and seed treatment segments are expected to register moderate growth due to the increased use of colorants in fertilizers to avoid errors.

Market Segmentation

Global Agricultural Colorants Market has been segmented based on product type, application, and region.

Based on product type, the global agricultural colorants market has been segregated into dyes and pigments.

The global agricultural colorant market has been analyzed for five key regions—Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.

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Regional Analysis

The North American market is projected to be the largest during the review period owing to the use of advanced farming techniques. The market in Asia-Pacific is projected to register the highest CAGR during the forecast period due to the presence of several agrarian economies in the region.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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