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Global Agriculture Insecticide Market

Published Jun 15, 2024
Length 154 Pages
SKU # NEXA20337478

Description

MARKET SCOPE:

The global agriculture insecticide market is projected to grow significantly, registering a CAGR of 5.3% during the forecast period (2024–2032).

The scope of the Agriculture Insecticide Market is defined by two primary parameters: the type of insecticides and their respective applications within the agricultural sector. In terms of types, the market encompasses systemic insecticides and contact insecticides. Systemic insecticides are characterized by their ability to be absorbed and translocated within plants, providing enduring protection against a variety of pests. On the other hand, contact insecticides exert their effect upon direct contact with pests and are particularly effective against insects present on the surfaces of leaves, stems, and other plant parts.

In terms of applications, the market is segmented into fruits and vegetables, cereals and pulses, and a broader category labeled as ""Other."" Fruits and vegetables include insecticides tailored for fruit-bearing plants and various types of vegetables, crucial for ensuring high-quality and marketable produce. Cereals and pulses encompass insecticides applied to grains and staple crops essential in global food production. The ""Other"" category extends the scope to insecticides used in specialty crops, ornamental plants, and diverse agricultural contexts beyond the specified categories. This comprehensive classification provides a nuanced understanding of the Agriculture Insecticide Market, aiding stakeholders in tailoring pest management strategies to specific crop types and fostering informed decision-making within the dynamic agricultural landscape.

MARKET OVERVIEW:

Driver: Increasing global demand for food production to sustain a growing population is driving the market growth.

The Agriculture Insecticide Market is currently witnessing dynamic growth driven by a confluence of factors. The primary driver behind the market's expansion is the increasing global demand for food production to sustain a growing population. As farmers strive to enhance crop yields, the need for effective pest control measures becomes paramount, thereby fueling the demand for insecticides. Additionally, the market is benefitting from advancements in agricultural technology, with the development of more efficient and targeted insecticides that minimize environmental impact. This technological evolution has led to the introduction of innovative formulations and application methods, contributing to the market's growth.

Opportunities: Technological advancements in the field of agriculture have opened doors for innovative insecticide formulations and application methods.

Technological advancements in the field of agriculture have also opened doors for innovative insecticide formulations and application methods. Opportunities abound for companies that invest in research and development to create more efficient, environmentally friendly, and targeted insecticides. The market rewards those who can provide solutions that not only effectively control pests but also minimize adverse impacts on ecosystems and non-target organisms. Additionally, the growing awareness and emphasis on sustainable agricultural practices present a notable opportunity. There is an increasing preference among farmers and consumers for insecticides that are ecologically sound and have minimal environmental impact. Companies that can align their offerings with sustainable and eco-friendly practices stand to capture a growing segment of the market.

Moreover, the Agriculture Insecticide Market offers opportunities for expansion into diverse agricultural sectors, including fruits and vegetables, cereals and pulses, and specialty crops. Tailoring insecticides to the specific needs of different crops and providing comprehensive pest management solutions for various agricultural contexts can be a strategic advantage.

COVID IMPACT:

Agriculture Insecticide Market is navigating a landscape shaped by both drivers and challenges. The increasing need for food security and technological advancements present significant growth opportunities, while the ongoing repercussions of the COVID-19 pandemic underscore the importance of resilience and adaptability within the industry. As the market continues to evolve, stakeholders are compelled to strike a balance between innovation, sustainability, and resilience to ensure the continued effectiveness and relevance of insecticides in modern agriculture.

SEGMENTATION ANALYSIS:

The segmentation by type is anticipated to grow significantly during the forecast period

In the Agriculture Insecticide Market, the dominant segments are characterized by the types of insecticides employed, with systemic insecticides and contact insecticides playing pivotal roles. Systemic insecticides, known for their capacity to be absorbed and translocated within plants, emerge as a dominant force in the market. These insecticides provide long-lasting protection, making them particularly suitable for crops with extended growth periods and those requiring continuous defense against a diverse range of pests. Systemic insecticides, by virtue of their systemic action, are well-positioned to address the nuanced challenges presented by various fruit-bearing plants and vegetables, offering sustained protection throughout the lifecycle of these crops.

Furthermore, the application segmentation within the Agriculture Insecticide Market reveals nuanced dominance across different crops. In the fruits and vegetables segment, systemic insecticides take the lead, catering to the demand for high-quality produce and prolonged protection against pests. In cereals and pulses, the dominance of either systemic or contact insecticides depends on the specific needs of different crops within this category. Meanwhile, the ""Other Crops"" segment, encompassing specialty crops, ornamental plants, and diverse agricultural contexts, sees a dynamic mix of both systemic and contact insecticides. The dominance in this segment hinges on the tailored solutions required for unique pest profiles and cultivation practices associated with these crops.

REGIONAL ANALYSIS:

The Asia-Pacific Region stands out as a dominant force in the global Agriculture Insecticide Market, wielding significant influence over the industry's dynamics.

Asia-Pacific boasts an expansive and diverse agricultural landscape, encompassing a multitude of crops ranging from staple grains to cash crops and horticultural produce. The sheer scale of agricultural operations in countries like China, India, Indonesia, and others contributes substantially to the overall demand for insecticides. The region's agricultural diversity requires a broad spectrum of insecticides tailored to the pest challenges specific to each crop type. The Asia-Pacific region is home to a significant portion of the world's population, and the demand for food is consequently immense. To ensure food security and meet the nutritional needs of their populations, countries in this region heavily rely on robust agricultural practices. Insecticides play a crucial role in protecting crops from pests and diseases, thereby enhancing yields and contributing to food security. The scale of agricultural production in Asia-Pacific necessitates substantial insecticide usage to safeguard crops and ensure a consistent food supply.

The varied climates across Asia-Pacific create diverse ecosystems, each presenting its own set of challenges in terms of pest profiles. From tropical regions to temperate climates, farmers encounter a wide array of pests that can adversely impact crop yields. This diversity necessitates a versatile range of insecticides to address the specific challenges posed by different pests across the region. Agriculture remains a cornerstone of many economies in the Asia-Pacific region. The livelihoods of a significant portion of the population are directly linked to agriculture, making it a critical economic sector. As a result, there is a strong economic incentive to invest in technologies and products, such as insecticides, that can protect and enhance agricultural productivity.

COMPETITIVE ANALYSIS

The global Agriculture Insecticide market is reasonably competitive with mergers, acquisitions, and application launches. See some of the major key players in the market.

Bayer Crop Science

In a significant development for the agricultural sector in the UAE, Silal, a key player in the region, and Bayer, a global leader in life sciences, have joined forces in a strategic partnership. This collaboration, announced on December 4, 2023, is poised to reshape the agricultural landscape in the UAE by introducing best-in-class practices, conducting capacity building programs, and undertaking extensive trials for vegetable seed varieties. The primary focus of this partnership is to elevate agricultural practices in the UAE, introducing innovative approaches and technologies that align with Bayer's overarching mission of ""Health for All, Hunger for None."" The collaboration will not only emphasize the adoption of sustainable and efficient farming methods but will also contribute to the broader goal of ensuring food security and enhancing agricultural innovation in the region.

As part of the partnership's initiatives, comprehensive vegetable seed trials will be conducted, aiming to identify and promote varieties that thrive in the unique climatic conditions of the UAE. This approach aligns seamlessly with Silal's commitment to bolstering the country's agricultural innovation landscape, fostering resilience, and driving sustainable growth in the sector. Both Silal and Bayer bring a wealth of expertise to this collaboration, combining local insights with global best practices. The strategic partnership marks a significant step towards creating a more robust and technologically advanced agricultural ecosystem in the UAE. The shared vision of Silal and Bayer is poised to not only address immediate agricultural challenges but also to contribute to the long-term sustainability and prosperity of the UAE's agricultural sector.

This collaboration comes at a pivotal time when the global call for innovative and sustainable agriculture practices is growing louder. The joint efforts of Silal and Bayer are expected to serve as a beacon for the broader industry, inspiring advancements that can elevate agricultural standards and contribute to the vision of a more food-secure and innovative future for the UAE.

Valent BioSciences

Certis USA

Syngenta

Koppert

BASF

Andermatt Biocontrol

Corteva Agriscience

FMC Corporation

Isagro

Marrone Bio Innovations

Chengdu New Sun

Som Phytopharma India

Novozymes

Coromandel

SCOPE OF THE REPORT

By Type

Systemic Insecticides

Contact Insecticides

By Application

Fruits and Vegetables

Cereals and Pulses

Other

By Region

North America (the United States & Canada)

Europe (Germany, UK, France, Spain, Italy, and the Rest of Europe)

Asia Pacific (China, Japan, India, and Rest of Asia Pacific)

Rest of the World (the Middle East & Africa, and Latin America)

KEY REASONS TO PURCHASE THIS REPORT

It provides a technological development map over time to understand the industry’s growth rate and indicates how the Agriculture Insecticide Market is evolving.

The report offers a dynamic method to various factors that drive or restrain the growth of the market and specifies which Agriculture Insecticide submarket will be the main driver of the overall market from 2024 to 2032.

It renders a definite analysis of changing competitive dynamics and stipulates the leading players and what are their prospects over the forecast period.

It builds a nine-year estimate based on how the market is predicted to grow and shows what will market shares of the global region change by 2032 and which country will lead the market in 2032.

Table of Contents

154 Pages
1. Executive Summary
1.1. Market Snapshot
1.2. Regional Analysis
1.3. Segment Analysis
2. Overview And Scope
2.1. Market Vision
2.1.1. Market Definition
2.2. Market Segmentation
3. Global Agriculture Insecticide Market Overview By Region: 2019 Vs 2023 Vs 2032
3.1. Global Agriculture Insecticide Market Size By Region (2019-2023) (Usd Million)
3.1.1. North America Agriculture Insecticide Market Size By Country (2019-2023) (Usd Million)
3.1.2. Europe Agriculture Insecticide Market Size By Country (2019-2023) (Usd Million)
3.1.3. Asia Pacific America Agriculture Insecticide Market Size By Country (2019-2023) (Usd Million)
3.1.4. Rest Of The World Agriculture Insecticide Market Size By Country (2019-2023) (Usd Million)
3.2. Global Agriculture Insecticide Market Size By Region (2024-2032) (Usd Million)
3.2.1. North America Agriculture Insecticide Market Size By Country (2024-2032) (Usd Million)
3.2.2. Europe Agriculture Insecticide Market Size By Country (2024-2032) (Usd Million)
3.2.3. Asia Pacific Agriculture Insecticide Market Size By Country (2024-2032) (Usd Million)
3.2.4. Rest Of The World Agriculture Insecticide Market Size By Country (2024-2032) (Usd Million)
4. Global Agriculture Insecticide Market Dynamics
4.1. Market Overview
4.1.1. Market Drivers
4.1.2. Market Restraints/ Challenges Analysis
4.1.3. Market Opportunities
4.2. Pestle Analysis
4.3. Porter’s Five Forces Model
4.3.1. Bargaining Power Of Suppliers
4.3.2. Bargaining Power Of Buyers
4.3.3. The Threat Of New Entrants
4.3.4. Threat Of Substitutes
4.3.5. Intensity Of Rivalry
4.4. Value Chain Analysis/Supply Chain Analysis
4.5. Covid-19 Impact Analysis On Global Agriculture Insecticide Market
** In – Depth Qualitative Analysis Will Be Provided In The Final Report Subject To Market
5. Global Agriculture Insecticide Market, By Type
5.1. Overview
5.2. Key Findings For Agriculture Insecticide Market - By Type
5.2.1. Systemic Insecticides
5.2.2. Contact Insecticides
6. Global Agriculture Insecticide Market, By Application
6.1. Overview
6.2. Key Findings For Agriculture Insecticide Market - By Application
6.2.1. Fruits And Vegetables
6.2.2. Cereals And Pulses
6.2.3. Others
7. Global Agriculture Insecticide Market, By Region
7.1. Overview
7.2. Key Findings For Agriculture Insecticide Market- By Region
7.3. Global Agriculture Insecticide Market, By Type
7.4. Global Agriculture Insecticide Market, By Application
8. Global Agriculture Insecticide Market- North America
8.1. Overview
8.2. North America Agriculture Insecticide Market Size (2019 - 2032) (Usd Million)
8.3. North America Agriculture Insecticide Market, By Application
8.4. North America Agriculture Insecticide Market, By Type
8.5. North America Agriculture Insecticide Market Size By Countries
8.5.1. United States
8.5.2. Canada
9. Global Agriculture Insecticide Market- Europe
9.1. Overview
9.2. Europe Agriculture Insecticide Market Size (2019 - 2032) (Usd Million)
9.3. Europe Agriculture Insecticide Market, By Application
9.4. Europe Agriculture Insecticide Market, By Type
9.5. Europe Agriculture Insecticide Market Size By Countries
9.5.1. Germany
9.5.2. Uk
9.5.3. France
9.5.4. Spain
9.5.5. Italy
9.5.6. Rest Of Europe
10. Global Agriculture Insecticide Market - Asia Pacific
10.1. Overview
10.2. Asia Pacific Agriculture Insecticide Market Size (2019 - 2032) (Usd Million)
10.3. Asia Pacific Agriculture Insecticide Market, By Type
10.4. Asia Pacific Agriculture Insecticide Market, By Application
10.5. Asia Pacific Agriculture Insecticide Market Size By Countries
10.5.1. China
10.5.2. Japan
10.5.3. India
10.5.4. Rest Of Asia Pacific
11. Global Agriculture Insecticide Market- Rest Of World
11.1. Overview
11.2. Rest Of World Agriculture Insecticide Market Size (2019 - 2032) (Usd Million)
11.3. Rest Of World Agriculture Insecticide Market, By Type
11.4. Rest Of World Agriculture Insecticide Market, By Application
11.5. Rest Of World Agriculture Insecticide Market Size By Region
11.5.1. Middle East & Africa
11.5.2. Latin America
12. Global Agriculture Insecticide Market- Competitive Landscape
12.1. Key Strategies Adopted By The Leading Players
12.2. Recent Developments
12.2.1. Investments & Expansions
12.2.2. New End-user Launches
12.2.3. Mergers & Acquisitions
12.2.4. Agreements, Joint Ventures, And Partnerships
13. Global Agriculture Insecticide Market- Company Profiles
13.1. Bayer
13.1.1. Company Overview
13.1.2. Financial Overview
13.1.3. Application Offered
13.1.4. Key Developments
13.2. Valent Biosciences
13.3. Certis Usa
13.4. Syngenta
13.5. Koppert
13.6. Basf
13.7. Andermatt Biocontrol
13.8. Corteva Agriscience
13.9. Fmc Corporation
13.10. Isagro
13.11. Marrone Bio Innovations
13.12. Chengdu New Sun
13.13. Som Phytopharma India
13.14. Novozymes
13.15. Coromandel
14. Our Research Methodology
14.1. Data Triangulation
14.2. Data Sources
14.2.1. Secondary Sources
14.2.2. Primary Sources
14.3. Assumptions/ Limitations For The Study
14.4. Research & Forecasting Methodology
15. Appendix
15.1. Disclaimer
15.2. Contact Us
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