Organic Pesticides Market Overview:
The Global Organic Pesticides Market size was $99,200 million in 2016 and is expected to reach $279,195 million by 2023, registering a CAGR of 14.9% during the forecast period. Organic pesticides are of two types-natural and synthetic. Natural pesticides are obtained from natural sources such as animals, bacteria, minerals, and plants. Synthetic pesticides, on the other hand, are man-made and composed of chemicals and other poisons. They are usually made from synthetic materials that either directly kill the pest or render it inactive.
According to industry sources, above 80% of organic pesticides are used in conventional agricultural programs as secondary sources for pest control. Governmental policies that encourage the use of organic pesticides are expected to boost its demand during the forecast period. Organic pesticides help produce foods that are safe and healthy to eat and also helps conserve our natural resources. The organic pesticides also allow farmers to maintain beneficial insect populations in their fields, reducing the dependency of farmers on conventional chemical pesticides
The global organic pesticides market is segmented based on type, crop type, mode of application, and region. Based on type, the market is bifurcated into natural and synthetic. Based on the crop type, the market is classified into permanent and arable. Based on mode of application, the market is classified into seed treatment, on farm, and after harvest. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
North America held a significant market share of 32.0% in 2016 and is expected to reach 27.0% by the end of forecast period. Asia-Pacific is anticipated to dominate the market by the end of 2023. This is attributed to the rise in awareness about the uses and benefits of organic pesticides in this region.
Based on type, the global organic pesticides market is bifurcated as natural organic pesticides and synthetic organic pesticides. The natural segment is anticipated to witness the highest growth during the forecast period. This is mainly attributed to the increase in awareness about the benefits of using organic products across the globe.
Permanent pasture is the land used for five or more years for forage, including natural and cultivated crops. Arable land includes land under temporary crops such as cereals, temporary meadows for mowing or for pasture, land under market or kitchen gardens, and land temporarily fallow. The arable segment is expected to hold the largest market share in 2016 and is expected to witness the highest growth rate during the forecast period.
The prominent players in the global organic pesticides market have strategically focused on product launches as their key strategy to gain significant share in the market.
The Key Players profiled in the Report are
- Mark Organics
- Bayer Cropscience
- Sikko Industries Ltd.
- PARRY AMERICA
- Arysta LifeScience
- Andermatt Biocontrol Ag
- Dow AgroSciences
- Certis USA LLC
Key Benefits for Stakeholders
- This report provides an extensive analysis of the current trends and emerging estimations in the global organic pesticides industry.
- In-depth analysis of the industry is conducted through market estimations of key segments for the period 2017 to 2023.
- Competitive intelligence of leading manufacturers and distributors of organic pesticides helps understand the competitive scenario across geographies.
- Comprehensive analysis of factors that drive and restrain the growth is provided in the report.
- Extensive analysis of the industry is conducted by following key product positioning and monitoring the top competitors within the market framework.
- The key players are profiled along with their strategies to determine the competitive outlook of the market.
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