Global Vegetable Pesticides MarketTop 5 Competitors,Posted by marketresearch123 on April 26th, 2021 The vegetable pesticides are defined as the chemicals which are used to control, prevent, and destroy the growth of pests and unwanted plants. Insecticides, fungicides, and herbicides collectively called as vegetable pesticides. They act as growth regulators in plants, desiccant for fleas, and defoliant for trees and plants. Market Drivers Growing demand for bio-pesticides and the increase in adoption of herbicide-resistant crop by framers expected to boost the global vegetable pesticides market growth. The global synthetic vegetable pesticides market has been witnessing tremendous growth from past few years due to the improved efficiency in utilization of pesticides. Furthermore, the rise in demand for food, the increase in demand adoption of genetically modified crops, and bio-pesticides, and growing acceptance of new farming practices are some driving factors expected to propel the demand of vegetable pesticides over the forecast period. The key operating players are focusing on research & development, mergers & acquisitions, and new product launch activities will support the market growth. Market Restraints The rise in research and development cost, lowest per capita use of crop protection chemicals in various developing countries and ban on pesticides in certain regions are major challenging factors, which are expected to hinder the global vegetable pesticides market growth. Also, the COVID-19 pandemic has turned the lives of people upside down across the world, and its impact on the revenue across industries is huge. The increase in COVID-19 pandemic may obstruct the market growth during this forecast timeline. Market Segmentation Global Vegetable Pesticides Market is segmented into origin such as Synthetic, and Bio-based. Further, market is segmented into type such as Herbicide, Fungicides, Insecticides, and Others. Also, Global Vegetable Pesticides Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Market Key Players Some key operating players are listed in global vegetable pesticides market report are BASF SE, Syngenta AG, The Dow Chemical Company, Bayer AG, Corteva Agriscience, UPL Limited, FMC Corporation, Isagro SpA, Nufarm Limited, and Monsanto Company. Market Taxonomy By Origin
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