North America Acaricides Market - Growth, Trends and Forecasts (2017 - 2022)
Acaricides are a particular kind of pesticides that are used to control the mites and ticks species to help the animals and crops grow healthier and faster, while developing immunity against various infectious diseases. North America is a niche and growing market for acaricides application; the regional market of North America is slated to grow at a CAGR of 5.4% in 2015-2020.
A growing industry of crop protection products throughout North America would help the market for acaricides in a big way. The other factor driving the market is agricultural and animal productivity requirements. Stringent regulations may provide threat for the market growth; natural and bioactive acaricide products are a possible solution for this.
The market is further explained on the basis of product type, application category,geographical reach etc. Acaricide application in the region is particularly more popular in case of animal husbandry sector due to the increasing occurrence of tick and mite-borne diseases among animals. Cattle, when treated with acaricides, are less susceptible to the above diseases and it results in increasing milk and other products yield.
United States and Canada are the major nations employing more than 70% of the total regional demand. The highly industrialized and sophisticated animal based industry and a large-scale agriculture sector make the United States a favorite destination for global companies operating in the segment; the nation holds significance both from the production and consumption point of view. While US is the largest market in the region, Mexico would grow at a significant rate during the next five years, backed by a growing crop protection market.
Intensive focus on research and development activities in order to provide new and innovative products in the market is the major strategy followed by companies worldwide for the growth of this segment. Major companies active in global place are Bayer AG, BASF, Syngenta, Arysta Lifesciences etc.
Market definition for the specified topic along with identification of key drivers and restraints for the market
Analysis for the North American acaricides market, with region specific assessments and competition analysis on a regional scale
Segment-level analysis in terms of application and end-user demand
Forecasts and estimations for the sub-segment level market
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies, which can influence the market on a regional scale
Identification and analysis of the exogenous and endogenous factors such as macro and microeconomic variables that affect the North American acaricides market on a regional scale
Extensively researched competitive landscape section with profiles of key players along with their share of markets
A comprehensive analysis of recent organic and inorganic developments in the market by the major companies, and strategic benchmarking of developments
Scope of the Study:
Comprehensive overview of the acaricides market
Competitive intelligence regarding the major players in this industry and the strategies adopted by them
Insights about the major countries/regions in which this industry is blooming and identification of the regions which are untapped