Global Organic Pesticides Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Organic Pesticides Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global organic pesticides market report has been segmented on the basis of product, crop type, application, and region.
Global Organic Pesticides Market: Overview
Organic pesticides for plants are made from various natural ingredients that are free from chemicals. The wide range of organic pesticides includes different types of microbial, botanical or mineral based, and biochemical products. Organic pesticides help in producing foods and vegetables that are safe and healthy to consume and in additions, aids in conserving natural resources. The organic pesticides allow farmers to maintain all the beneficial insect in their fields that helps in maintaining the good environment of soil and reducing the dependency of farmers on usage of conventional chemical pesticides for crops.
Global Organic Pesticides Market: Dynamics
Rising concern for increasing adverse impact of synthetic pesticides on agricultural land is a key factors expected to drive the revenue growth of the global market over forecoming years. In addition, increasing research and development activates regarding pesticides, growing population, increasing awareness about use and advantages of using organic pesticides, and governmental policies encouraging the use of organic pesticides are some of the factors driving the growth of the global organic pesticides market. Furthermore, increasing public funded programs and rising investors interest for funding research activates of organic pesticide, which in turn is expected to support the growth of the global organic pesticides market.
However, limited evidence as well as practical experience for organic pesticides and high cost of the product as compared to conventional pesticides are some factor expected to hamper the growth of the target market to a certain extent.
Global Organic Pesticides Market: Segment Analysis
On the basis of product segment, natural segment is expected to register fastest CAGR and is expected to maintain its high growth over the forecast years. This is primarily due to rising disposable income level and inclination towards naturals products. On the basis of crop type, permanent segment is expected to account for high revenue growth owing to permanent land is being used for five or more years for forage, including cultivated crops and natural. On the basis of application, seed treatment is expected to account for highest market share, owing to high usage of organic pesticides for seed treatment procedures.
Global Organic Pesticides Market: Trends
The prominent players in the target market are focuses modernized organic pesticides manufacturing technologies in order to cater the growing demand as well as reduce the cost of the product, is a key trend witnessed in the global organic pesticide market.
Global Organic Pesticides Market: Regional Analysis
In 2018, the markets in North America is expected to account for largest market share in the target market. This is primarily attributed to rising awareness about the uses and benefits of organic pesticides in countries in the region. The market in Asia Pacific is expected to register fastest growth rate, due to high rate of adoption of organic pesticides in countries in the region. In addition, the government of various countries such as Indonesia, China, India are taking several initiatives to increase the adoption of organic pesticides and phase out toxic chemical pesticides, thus creating lucrative market opportunities for manufacturers of organic pesticides in the region over the forecoming years.
Global Organic Pesticides Market Segmentation:
Segmentation by product:
Segmentation by crop type:
Segmentation by application:
- Seed Treatment
- On Farm
- After Harvest
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Estimated Year 2020 Actual Year 2021 Forecast Period 2021–2030 Revenue in US$
- Bayer Cropscience AG
- Sikko Industries Ltd.
- Monsanto Company
- Arysta LifeScience Corporation
- Andermatt Biocontrol Ag
- I. du Pont de Nemours and Company
- Certis USA LLC
- Andermatt Biocontrol AG
- Valent BioSciences Corporation
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