Global Living Insecticide Market Overview:
Insects are alive organisms that harm plants, humans, animals. It even harms pets. Insecticides are also called as pesticides, it is a chemical used for killing insects. The type of insecticides are microbial pesticides, plant pesticides and biochemical pesticides. Insecticides are popular way to make garden and home pest free. Insecticide are used in homes, gardens, farms and offices. Due to Increasing urbanization, Increase demand of household insecticides will boost the Global living insecticide market. Robust growth of living insecticides will assist in maintaining crop yield and will act as opportunity in the Global living insecticide market.
As per latest study released by AMA Research, the Global Living Insecticide market is expected to see growth rate of 6.84%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Use Of Naturally Occurring Insecticides, Low Cost Insecticides and Awareness about Health and Fitness
Market Growth Drivers:
Rising Profit for Farmers, Due to Increasing urbanization Increase Demand of Household Insecticides and Increasing Crop Production
Challenges:
Government Strict Regulations
Restraints:
Increasing Use of Man-made and Synthetic Products, Increasing Problem of Bio Accumulation and Biological Magnification, Production of Toxic Chemicals and Increasing Number of Pest-Born Diseases
Opportunities:
Robust the growth of living insecticides which assist in maintaining crop yield and Growing Agriculture will help to Rise Economy in Emerging Nations.
Competitive Landscape:
The global market is highly competitive and consists of a limited number of providers competing. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Some of the key players profiled in the report are Dow AgroSciences (United States), Valent Biosciences Corp (United States), Arysta LifeSciences (United States), Becker Underwood Inc (United States), Syngenta Crop Protections, LLC (United States), Novozymes A/S (Denmark), Bayer CropScience AG (Germany), BASF SE (Germany), AgBiTech Pty Ltd. (Australia) and Andermatt Biocontrol (Switzerland). Analyst at AMA Research see United States Vendors to retain maximum share of Global Living Insecticide market by 2030.
Latest Market Insights:
In December 2022, FMC Corporation announced the acquisition of Cheminova Agro A/S, a leading provider of biological insecticides and fungicides. This acquisition expands FMC's portfolio of sustainable pest control solutions.
In December 2023, Syngenta launched Serenade Prime, a new biofungicide for control of diseases in fruits, vegetables, and ornamentals. Serenade Prime is based on a naturally occurring strain of Bacillus subtilis bacteria.
The FFDCA of 1938 has been amended several times in its history. It is administered by the Food and Drug Administration (FDA) of the Department of Health and Human Welfare. Pesticide residues on agricultural commodities are regulated under both FIFRA and FFDCA. FIFRA regulates residues by forbidding the use of a pesticide in a manner inconsistent with its label and by denying registration to pesticides found to cause unreasonable adverse effects to people or the environment
What Can be Explored with the Living Insecticide Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Living Insecticide Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Living Insecticide
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Living Insecticide market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Living Insecticide market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Living Insecticides Manufactures, Distributors, Government Research Organisations, Private Research Organisations and Government Regulatory Bodies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.