Global Organic Pesticides Market Research Report Forecast to 2025
Posted by Sonika on December 16th, 2019
Market analysis
Generally, as seen, the promotion of organic farming by various mandate authorities and unions and high demand for organic products are driving the growth of the organic pesticides market. Increasing adoption of organic farming procedures in developing and emerging economies have created opportunities for organic pesticide manufacturers. Though, rigorous guidelines for organic farming and high cost of organic pesticides are expected to restrain the growth of the market during the review period. Also, the call for organic food & beverages and personal care, nutraceutical, and pharmaceutical products is growing, which, in turn, is increasing the implementation of organic farming.
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Organic pesticides allow the dairy farmer to control pest and diseases in plants with no resort to typical pesticides. These insecticides can be much more easily decayed by the natural environment as compared to chemical pesticides. Surge in requirement for organic manufacture and other products produced by means of organic farming drives the market expansion. Consumers are willing to pay a premium price for healthy food products. This is propelling the adoption of organic farming to meet the growing demand. Growing preference of farmers toward organic farming owing to the above-stated factors has contributed to the growth of the market. However, the prevalent adoption of traditional farming practices is a major challenge constraining the adoption of organic farming and organic pesticides.
The report mainly focuses on the natural Organic Pesticides market, and the Synthetic Organic Pesticides is analyzed in brief.
Market segmentation
The Global organic pesticides market is segmented based on material type, crop type, mode of application, and region respectively. The global organic pesticides market is expected to see considerable growth during the predicted period. By crop type, the organic pesticides market is classified as cereals and grains, oilseed and pulses, fruits and vegetables, and others. The fruits and vegetables segment settled for the largest market share of 50.32% in 2018 and is projected to expand at the highest CAGR during the forecast period. Increase in the requirement for organic fruits and vegetables drives the growth of this segment. Based on type, the market has been divided into natural and synthetic. The natural segment overshadowed the market in 2018 and is projected to expand at the highest CAGR. Stable pasture is the land employed for five or more years for forage, including natural and cultivated crops. Arable land includes land under temporary crops such as cereals, short-term meadows for mowing or for pasture, land under market or kitchen gardens, and land briefly fallow.
The arable segment is projected to hold on the biggest market share in 2016 and is likely to witness the highest growth rate during the forecast period. The report gives a view for: competitive information of leading companies and suppliers of organic pesticides helps understand the competitive scenario across topographies, comprehensive assessment of factors that drive and inhibit the growth is offered in the report, widespread analysis of the industry is conducted by following key product placing and monitoring the top participants within the market agenda. The leading players in the global organic insecticides market have deliberately focused on product releases as their key approach to gain considerable share in the market. Natural organic pesticides comprise bioinsecticides, bio fungicides, bioherbicides, neem oil, and others obtained from natural sources. In terms of mode of application, the market has been isolated into foliar, soil treatment, seed treatment, and others. The foliar portion settled for the largest market share in 2018. However, the seed treatment segment is anticipated to expand at the highest CAGR.
Regional analysis
Geographically the Global organic pesticides market is split in regions like North & South America, Europe, Asia-Pacific, Middle east and Africa and Rest of the world. The US settled for the largest share of the market in the region. Quickly growing veggie populace and increasing demand for organic food products have considerably impacted to the development of the market. China, India, and Australia & New Zealand are major countries contributing to the growth of the market in the region. The market in Asia-Pacific is projected to reach the highest CAGR during the forecast period. The rising adoption of organic farming due to high demand for organic food and growing concerns regarding the use of poisonous pesticides are pushing the growth of the organic pesticides market in Asia-Pacific. North America controlled the organic pesticides market and settled for a share of around 36.05% in year 2018. This geography is thus credited to the rise in consciousness about the uses and advantages of organic pesticides in the world.
Major players
The proposed spectators in the Global organic pesticides market are manufacturers, Retailers, distributors, wholesalers, Investors and trade experts, Governments, associations, industrial bodies, etc. The major companies functioning in the Global organic pesticides market are concentrating on firming their global ways by entering into untouched markets. The projected onlookers in the Global organic pesticides market are companies like Nufarm (Australia), Parry America, Inc. (US), Certis USA L.L.C. (US), Futureco Bioscience SA (Spain), Bayer AG (Germany), Andermatt Biocontrol AG (Switzerland), Sikko Industries Ltd. (India), Vision Mark Biotech (India), UPL LIMITED (India) and BASF SE (Germany). The international players are expanding their presence worldwide through strategic product releases, collaborations, mergers & acquisitions, and enlargements.
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