PUBLISHER: The Business Research Company | PRODUCT CODE: 1641453
PUBLISHER: The Business Research Company | PRODUCT CODE: 1641453
Agricultural algaecides are chemical substances used to eradicate and inhibit the growth of algae and cyanobacteria. These substances are employed to mitigate or reduce extensive algal blooms and eliminate phytoplankton. One widely used algaecide is copper sulfate, which is highly soluble in water. When dissolved in water and applied through injection or spraying, copper sulfate induces immediate senescence in algae.
The primary types of agricultural algaecides available on the market include copper sulfate, chelated copper, peroxyacetic acid, hydrogen peroxide, dyes and colorants, and others. Copper sulfate finds applications in both agricultural and non-agricultural settings, serving various purposes such as fungicides, algaecides, root killers, and herbicides. This chemical compound, denoted as CuSO4 and known by names like blue vitriol, the vitriol of copper, and bluestone, operates through different modes of action, including selective and non-selective. The categories of algaecides encompass both synthetic and natural options, available in solid and liquid forms.
The agricultural algaecides market research report is one of a series of new reports from The Business Research Company that provides agricultural algaecides market statistics, including global market size, regional shares, competitors with agricultural algaecides market share, detailed agricultural algaecides market segments, market trends, and opportunities, and any further data you may need to thrive in the agricultural algaecides industry. This agricultural algaecide market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The agricultural algaecides market size has grown strongly in recent years. It will grow from $3.61 billion in 2024 to $3.86 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to growing concerns about water quality, expansion of aquaculture industry, traditional agricultural practices, crop protection.
The agricultural algaecides market size is expected to see strong growth in the next few years. It will grow to $5.29 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to global population growth, climate change impact, rising awareness of sustainable agriculture, emerging markets. Major trends in the forecast period include increasing emphasis on bio-based algaecides, precision agriculture adoption, collaborations and partnerships, focus on research and development, digital farming solutions, global market expansion.
The progressive expansion of the agricultural sector is serving as a catalyst for the upswing in the agricultural algaecides market. Within the agricultural domain, encompassing crop production, livestock breeding, and the harvesting of fish and other animals, the application of algaecides plays a pivotal role in enhancing agricultural output. Algaecides contribute to weed and insect control in areas outside farm structures, nurseries, greenhouses, and other cultivation operations. The augmentation of the agriculture industry correlates directly with an increased utilization of algaecides to optimize production and enhance crop quality. In September 2023, the U. S. Department of Agriculture (USDA) reported that the collective contribution of agriculture, food, and related sectors to the United States' gross domestic product (GDP) in 2021 amounted to approximately $1. 264 trillion, representing a 5. 4% share. American farms alone contributed $164. 7 billion to this figure, constituting around 0. 7% of the nation's GDP. Consequently, the expansion of the agricultural sector is steering the growth of the agricultural algaecides market.
Anticipated expansion in the aquaculture industry is set to drive the growth of the agricultural algaecide market. The aquaculture sector, synonymous with aquafarming or fish farming, involves the controlled cultivation, breeding, and harvesting of aquatic organisms like fish, shellfish, and aquatic plants. Algaecides play a crucial role in managing and controlling algae growth in aquaculture systems, ensuring the health and productivity of fish and shellfish and, consequently, fueling the demand for effective algaecides. A report by the U. S. Department of Agriculture (USDA) in February 2022 projected the total fish production to reach approximately 2. 2 million metric tons (MMT) in 2021, with aquaculture contributing 1. 7 MMT. Egypt, aiming to achieve 3 MMT in fish production by 2025, anticipates a surge in fish feed demand, estimated at around 650,000 metric tons. Hence, the expansion of the aquaculture industry is propelling the growth of the agricultural algaecides market.
Key players in the agricultural algaecide market are actively developing innovative products, such as non-copper-based algaecides, to cater to broader customer bases, drive increased sales, and boost overall revenue. Non-copper-based algaecides are chemical formulations designed to control or eliminate algae growth in diverse environments, including water bodies, without containing copper-based active ingredients. Lake Restoration, a U. S. -based aquatic plant management company, exemplified this trend by introducing Cape Furl in May 2022, an algaecide and fungicide suitable for application in aquatic environments with live fish and plants. Notably, Cape Furl distinguishes itself as a user-friendly, copper-free algaecide, offering a swift and effective solution for eradicating algae, mold, or moss. Approved by the Environmental Protection Agency (EPA), Cape Furl contains sodium carbonate peroxyhydrate (SCP) and provides a safe and efficient remedy for eliminating algae in ponds, ensuring the well-being of sensitive fish species like trout, koi, and channel catfish that may be negatively impacted by copper-based algaecides. Application methods include broadcasting the granular powder directly over algae-affected areas or dissolving the granules in water and subsequently spraying them onto algae mats.
In July 2023, De Sangosse, a France-based company specializing in crop protection, plant nutrition, and pest control products, acquired AlgaEnergy for an undisclosed amount. This acquisition aims to strengthen De Sangosse's position in the agricultural biosolutions market by utilizing AlgaEnergy's expertise in micro-algae technologies to enhance sustainable farming practices and accelerate global growth in biostimulants, biofertilizers, and biocontrol products. AlgaEnergy is a Spain-based microalgae biotechnology company that includes algaecides among its product offerings.
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
North America was the largest region in the agricultural algaecides market in 2024. The regions covered in the agricultural algaecides market market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the agricultural algaecides market market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The agricultural algaecides market consists of sales of natural algaecides, synthetic algaecides, quaternary algaecides, and polyquats algaecides. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The market value includes the value of related goods sold by the service provider or included within the service offering.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Agricultural Algaecides Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on agricultural algaecides market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for agricultural algaecides ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The agricultural algaecides market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.