Organic Pesticides Market by Type, by Mechanism, by Application, by Geography - Global Market Size, Share, Development, Growth, and Demand Forecast, 2018 – 2023
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Pesticides used during the cultivation of organic food are termed as organic pesticides. They are found as both natural and synthetic pesticides and are used under the Organic Act administered by the United States Department of Agriculture (USDA). USDA has listed certain organic pesticides, such as oil sprays, sulfur, and copper-based fungicides, for organic food production. They help to produce crops, which are safe and healthy and help conserve natural resources. These pesticides are non-toxic according to the National Organic Standards Board (NOSB) and are easily decomposed.
Organic pesticides are eco-friendly, bio-degradable, and meet stringent organic farming requirements, which drive the global organic pesticides market. These pesticides are competitive in both price and efficiency. Favorable government policies encourage the use of organic pesticides, which further boosts the market growth. In addition to this, there is a surging demand for organic crops and other products produced through organic farming, which is the major driver of the organic pesticides market.
There is a shift in consumer preference towards biodegradable and organic products which provide lucrative opportunities to the market players. Reduction in cultivable land and adoption of genetically modified crops provide more opportunities to synthetic pesticides manufacturing companies. Advancements in pest management procedures and rising concern over negative impacts of chemical pesticides provides ample opportunities to organic pesticides market players.
Lack of profit from niche markets and limited evidence base and practical experience with biologically based technologies is expected to hamper the market growth. Furthermore, lack of skilled labor and high cost associated with the product development is anticipated to restrain the organic pesticides market growth.
The global organic pesticides market has been segmented into five key regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
The North American market accounted for the largest market share in 2017 owing to the surging demand for organic produce and government concerns for organic pesticides in the region. The US is the leading country in the region owing to the presence of leading manufacturing companies. The Asia-Pacific market is projected to register the highest CAGR during the forecast period owing to the growing demand for organic food, increasing awareness regarding organic pesticides, and large consumer base. In this region, India dominated the organic pesticides market in 2017 followed by China, Japan, and Australia & New Zealand, owing to large cultivable lands and increasing developments in pest management.
The European market accounted for a significant market share in 2017 and is expected to continue this trend in the coming years. Germany is the leading country in the region followed by Spain and Switzerland owing to the presence of major manufacturing companies, such as Bayer AG, Andermatt Biocontrol AG, and Futureco Bioscience S.A. The Latin American and the Middle East & Africa markets held a small market share and are projected to grow at a moderate CAGR in the following years.
The global organic pesticides market has been categorized on the basis of type, crop type, mode of application, and region.
Based on type, the global organic pesticides market has been bifurcated into natural and synthetic. The natural segment is further classified into biochemical, microbial, botanical, and mineral. The synthetic segment is further segmented into organochlorines, organophosphates, carbamates, and pyrethroids.
By crop type, the global organic pesticides market has been classified into permanent and arable.
On the basis of mode of application, the global organic pesticides market has been divided into seed treatment, on-farm, and after harvest.
The global organic pesticides market has been studied across five major regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Mark Organics (India), Sikko Industries Limited. (India), Parry America, Inc. (US), Andermatt Biocontrol AG (Switzerland), Certis USA L.L.C. (US), DowDuPont, Inc. (US), Futureco Bioscience S.A. (Spain), Nufarm (Australia), Bayer AG (Germany), Monsanto Company (US), and Arysta LifeScience Corporation. (US) are some of the major players operating in the global organic pesticides market.
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Traders and distributors of organic pesticides
Organic pesticides manufacturers
Production process industries
Raw material suppliers
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