Organic Pesticides Market size is forecast to reach $8.22 billion by 2025, after growing at a CAGR of 15% during 2020-2025. The Organic Pesticides market is driven by its high usage in conventional agriculture farming as secondary sources for pest control. Governmental policies are encouraging the agriculture sector to use organic pesticides which will upsurge its demand during the forecast period.
Milky Spore in an all natural organic insecticide that use bacterial spores to target the larvae of pests. Safe and effective Milky Spore harms only the pests, not the plants. The Japanese beetle and its larvae can be a widespread threat to the health of your garden. The chrysanthemum plant produces a natural chemical called “pyrethrin” which is usually developed and incorporated in many forms of insecticides. The chrysanthemum species that contain the highest pyrethrin content is the Chrysanthemum cinerariaefolium. The chrysanthemum flower tea contain a potent plant chemical known as pyrethrum. This chemical works wonders as a pesticide by immobilizing the insects through damage to their nervous system.
Download Report Sample @ https://www.industryarc.com/pdfdownload.php?id=501539
Report Coverage
The report: “Organic Pesticides Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Organic Pesticides Industry.
Key Takeaways
- In terms of value, the natural segment accounted for significant share of the global organic pesticides market in 2019.
- Asia-Pacific is anticipated to gain maximum share by the end of the forecast period, due to high rate of adoption of organic pesticides.
- India is expected to witness the highest growth rate in the Asia-Pacific market over the forecast period.
Type - Segment Analysis
Natural organic pesticides held the largest share in the market in 2019. The increase in natural organic pesticides market is mainly attributed to the increase in awareness about the benefits of using organic pesticides across the globe. Natural Organic pesticides are derived from natural sources such as mineral or plant. Every year North American homes uses approximately 136 million pounds of pesticides in lawns and gardens. The natural pesticides prevents the contamination of soil and surface water so that it does not harm the wild life further. The best way to grow solid, vigorous plants is by using natural composting methods, mulching and top-dressing your soil with compost or natural fertilizer
Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=501539
Crop Type – Segment Analysis
Arable segment held a dominant position in 2019 and will continue to maintain the lead over the forecast period. The segment is expected to penetrate at the CAGR of 10% over the forecast period from 2020 to 2025. Arable land includes land under temporary crops such as cereals, temporary mowing or grazing meadows, land under market or kitchen gardens, and temporary fallow land. The arable segment is expected to hold the largest market share in 2019, with the highest growth rate anticipated over the forecast period. The governmental policies are encouraging the use of organic pesticides which is expected to boost its demand during the forecast period.
Application - Segment Analysis
On-Farm has been the primary market for Organic Pesticides. With the growing interest in organic farming particularly in the nations of Europe and North America, the demand for crop protection chemicals is set to take an upsurge. The rise in focus on Integrated Pest Management (IPM) in the European Union’s agricultural policy will further lead to innovations in the regulations of pesticides. The new insecticides, herbicides and fungicides and their formulations are being introduced with greater level of activity, however, with conscious efforts for minimizing the hazards to the human beings and the environment.
Geography - Segment Analysis
North America dominated the Organic Pesticides market with a share of more than 37%, followed by Europe and Asia Pacific. The U.S accounts for the largest share of the market in the region. The growing health concern, vegan population, stricter regulations, and rise in demand for organic food products will upsurge the demand for organic pesticides. The Asia region is a decisive component in the global food chain, accounting for 19% of total global food and agriculture exports and 31% of total food and agriculture import. Furthermore, China, Japan and India hold the most regional share for Crop Protection Chemicals in APAC. The factor causing such rapid growth is the huge investments and government policies in agriculture throughout APAC region.
Schedule a Call @ https://connect.industryarc.com/lite/schedule-a-call-with-our-sales-expert
Drivers – Organic Pesticides Market
· Product demand for Organic Pesticides.
Factors that affect demand for organic products in the long run are income growth, relative prices, environmental consciousness and food scares. In developing countries, local markets for certified organic agriculture are emerging, especially through specialized shops in large cities. Although these markets are still very small and have not been tested, they can grow rapidly. Through income growth and increased environmental awareness, local organic markets tend to increase.
Challenges – Organic Pesticides Market
· Absence of supportive policy, loss of crop yield, and low quality of products.
The farmers adopting organic farming face difficulty to survive and market their end products. The most important constraint felt in the progress of organic farming is the inability of the government to take a firm decision to promote organic agriculture. The other most concerning factor is farmers adopting conventional organic farming face huge losses as they does not get proper yield of the crop. As well as time required for crop sustainability under organic farming is unknown resulting in high cultivation cost.
Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Organic Pesticides market. In 2019, the market of Organic Pesticides has been consolidated by the top five players accounting for xx% of the share. Major players in the Organic Pesticides Market are Toray Industries, Inc., E. I. du Pont de Nemours and Company, Lenzing AG, Indorama Corporation, Mitsubishi Chemical Holdings Corporation, Reliance Industries Limited, and China Petroleum Corporation, among others.
Acquisitions/Technology Launches
- In August 2019, Orkin an Atlanta based company acquired Organic Pest Management Inc., to expand its product portfolio. The acquisition will strengthen the presence of Orkin into organic pesticide business across North America.
For more Chemical and Materials related reports, please click here
