Organic Pesticides Market- Recent Study Including Growth Factors, Regional Analysis and Forecast till 2023 by Key Players
Organic Pesticides Market Research Report — by Type (Natural, Synthetic), Crop Type (Permanent and Arable), Mode of Application (Seed Treatment, On-farm, After Harvest), and Region (Asia-Pacific, North America, Latin America) — Global Forecast to 2023
Pune, India – June 24, 2019 /MarketersMedia/ —
Organic Pesticides Market Segmentation:
Organic Pesticides Market has been categorized on the basis of type, crop type, mode of application, and region.
Based on type, the global organic pesticides market has been bifurcated into natural and synthetic. The natural segment is further classified into biochemical, microbial, botanical, and mineral. The synthetic segment is further segmented into organochlorines, organophosphates, carbamates, and pyrethroids.
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By crop type, the global organic pesticides market has been classified into permanent and arable.
On the basis of mode of application, the global organic pesticides market has been divided into seed treatment, on-farm, and after harvest.
The global organic pesticides market has been studied across five major regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Key players:
Mark Organics (India), Sikko Industries Limited. (India), Parry America, Inc. (US), Andermatt Biocontrol AG (Switzerland), Certis USA L.L.C. (US), DowDuPont, Inc. (US), Futureco Bioscience S.A. (Spain), Nufarm (Australia), Bayer AG (Germany), Monsanto Company (US), and Arysta LifeScience Corporation. (US) are some of the major players operating in the global organic pesticides market.
Region Segmentation:
Global Organic Pesticides Market: Growing demand for organic pesticides in North America is expected to drive the market during the forecast period.
Geographically, the global organic pesticides market has been segmented into five major regions, including Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.
The North American market held the largest market share in 2017 and is expected to maintain this trend during the forecast period owing to the surging demand for organic crops, government support, and stringent regulations on consumption of chemical pesticides. In 2017, the US dominated the organic pesticides market in the region due to the presence of leading manufacturing companies, such as Certis USA L.L.C., DowDuPont, Inc., and Monsanto Company.
The Asia-Pacific market is projected to be the fastest-growing in the coming years owing to the increasing technological developments, growing consumer awareness, large consumer base, and surging agri-business. India is the leading country in the region due to the increasing population with surging demand for organic crops and the presence of strong manufacturing companies, such as Mark Organics and Sikko Industries Limited. Thailand and China are other emerging economies contributing to the regional market growth.
The European market is projected to account for a remarkable share in the following years and is expected to grow at a strong CAGR during the forecast period. In 2017, Germany dominated the regional organic pesticides market followed by Spain and France, owing to stringent regulations on chemical pesticides and growing health concerns for natural food.
The Latin American market accounted a small market share in 2017 and is expected to grow at a moderate CAGR in the coming years due to less awareness regarding organic pesticides among farmers. Brazil and Mexico are the prominent contributors of organic pesticides market in the region.
The Middle East & Africa market is projected to register a sluggish growth during the review period owing to less availability of cultivable lands, and weak research and development base. UAE and Egypt are the prominent countries in the region owing to increasing arable lands and government investments in the region.
Market Overview:
Organic pesticides are environmentally- friendly, bio-degradable, and are used to cultivate organic crops. They help in producing safe, healthy, and non-toxic food crops. These pesticides help in maintaining beneficial insect and pest population in their fields and reduces farmer’s dependency on conventional chemical pesticides. Organic pesticides are used to limit the chemical pesticide consumption to maintain naturally- derived organic produce.
The global organic pesticides market has been segmented on the basis of type, crop type, mode of application, and region. Based on type, the global organic pesticides market has been bifurcated into natural and synthetic. Under these segments, the natural pesticides segment dominated the market in 2017 owing to the rising awareness regarding the benefits of natural pesticides. The synthetic pesticides segment is projected to be the fastest growing segment during the forecast period owing to the reduction of farmlands and growing demand for genetically modified crops.
By crop type, the global organic pesticides market has been bifurcated into permanent and arable. The arable land segment held the largest market share in 2017 and is expected to grow at the highest CAGR during the assessment period owing to its increased fertility due to crop rotation, pasture land, and land temporarily kept fallow. The permanent land segment accounted for a substantial market share in 2017 and is projected to grow at a moderate CAGR in the coming years owing to the reduced fertility of land for cultivation of same crops for more than five years.
On the basis of mode of application, the global organic pesticides market has been classified into seed treatment, on-farm, and after harvest. Under these segments, the on-farm segment is projected to register the largest market share and is expected to grow at a high CAGR during the forecast period owing to easy application, less time-consumption, and maximization of the amount of water and soil nutrients on the farm. The seed treatment segment held a significant market share in 2017 owing to increased efficiency and good-quality crops.
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