About Agricultural Insecticide
Insecticides are used to kill insects. Generally, they used primarily in agriculture to control pests. Many insecticides are toxic to humans or animals. The presence of these chemicals in both aquatic and terrestrial ecosystems has become an important issue across the globe. Insecticide can’t use legally for any purpose other than the purpose mention on the approved label. Application and timing are important aspects to maximize the effectiveness of insecticides and reduce impacts on non-target organisms. Safeguard should be taken properly when transporting, mixing and applying insecticides.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global Agriculture Insecticides market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Agricultural Insecticide market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Syngenta (Switzerland), Bayer CropScience (India), BASF (Germany), DowDupont (United States), Chemchina (China), Monsanto (United States), Adama Agricultural Solutions (China), FMC Corporation (United States), Sumitomo Chemical (Japan) and UPL (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Nufarm (Australia), Arysta LifeScience (United States), Nutrichem (Canada), Shandong Weifang Rainbow Chemical (China), Nanjing Redsun (China), Kumiai Chemical Industry Co., Ltd. (Japan) and Nissan Chemical Industries (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Agricultural Insecticide market by Type (Inorganic Insecticides (Systematic Insecticides, Contact Insecticides, Ingested Insecticides, Herbicides) and Organic Insecticides (Insecticidal Soap, Nicotine)), Application (Grains & Cereals, Oil Seeds, Fruits & Vegetables, Turf & Ornamental Grass and Others) and Region.
On the basis of geography, the market of Agricultural Insecticide has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online Stores will boost the Agricultural Insecticide market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Use of Naturally Occurring Insecticides, Low-Cost Insecticides and Awareness about Health and Fitness
Market Growth Drivers:
Increasing Number of Malaria Patients in Africa, Growing Population Growth across the Globe and Increase Demand for Good Quality Crops
Challenges:
Changing Weather Conditions and Intensifying Pressure from Invasive Pest Species Can Affect the Effectiveness of Insecticides and Increasing Number of Pest-Born Diseases
Restraints:
Less Life Cycle As Compare To Conventional Pesticides and Lose Their Productivity Rapidly If Unshielded To Heat and Ultraviolet Radiation
Opportunities:
Robust Growth of Biological Insecticide Which Assists In Maintaining Crop Yield and Growing Agriculture Will Help to Raise the Economy in Emerging Nations
Market Leaders and their expansionary development strategies
In January 2022. Syngenta Crop Protection had announced the acquisition of two bio-insecticides from Bionema. In order to address rising resistance and a variety of insects and pests in horticulture and ornamentals, turf amenity, and forestry, Syngenta Crop Protection has purchased two next-generation bio-insecticides, NemaTrident and UniSpore, providing clients even more options. The NemaTrident and UniSpore patents, trademarks, and registration dossier are being purchased by Syngenta Crop Protection, which will also get complete worldwide development and commercialization rights for the assets.
In November 2021 Syngenta Crop Protection had announced the launch of PLINAZOLIN technology. PLINAZOLIN technology leads the industry of performance, particularly against pests that are no longer effectively controlled by existing products. This new technology is the result of the company's ongoing commitment to long-term development of innovative and effective solutions that increase crop productivity in an environmentally sustainable and responsible manner. It will be commercialized in over 40 countries and over 40 crops, including soybeans, corn, rice, coffee, cotton, and a variety of fruits and vegetables. The technology could also be used in forestry and professional pest management programmes, as well as for seed treatment.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Agriculture Insecticides Manufacturers, Suppliers and Distributors, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.