Organic Pesticides Market 2019 Industry Analysis, Size, Share, Growth, Future Trends and Forecast to 2023

Organic Pesticides Market Insights

Organic pesticides are environmentally-friendly, bio-degradable, and are used to cultivate organic crops. They help in producing safe, healthy, and non-toxic food crops. These pesticides help in maintaining beneficial insect and pest population in their fields and reduces farmer’s dependency on conventional chemical pesticides. Organic pesticides are used to limit the chemical pesticide consumption to maintain naturally-derived organic produce.

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The Global Organic Pesticides Market has been segmented 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. Under these segments, the natural pesticides segment dominated the market in 2017 owing to the rising awareness regarding the benefits of natural pesticides. The synthetic pesticides segment is projected to be the fastest growing segment during the forecast period owing to the reduction of farmlands and growing demand for genetically modified crops.

Competitive Analysis

Key Players

• 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)
• Arysta LifeScience Corporation. (US)

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Market Analysis

By crop type, the global organic pesticides market has been bifurcated into permanent and arable. The arable land segment held the largest market share in 2017 and is expected to grow at the highest CAGR during the assessment period owing to its increased fertility due to crop rotation, pasture land, and land temporarily kept fallow. The permanent land segment accounted for a substantial market share in 2017 and is projected to grow at a moderate CAGR in the coming years owing to the reduced fertility of land for cultivation of same crops for more than five years.

On the basis of mode of application, the global organic pesticides market has been classified into seed treatment, on-farm, and after harvest. Under these segments, the on-farm segment is projected to register the largest market share and is expected to grow at a high CAGR during the forecast period owing to easy application, less time-consumption, and maximization of the amount of water and soil nutrients on the farm. The seed treatment segment held a significant market share in 2017 owing to increased efficiency and good-quality crops.

Regional Analysis

The global organic pesticides market is studied for five major regions, namely, Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.

The North American market dominated the organic pesticides market in 2017 and is expected to continue its dominance in the following years owing to the product meets stringent organic farming requirements. The US is the leading country in the region owing to the presence of leading manufacturing companies such as Parry America, Inc., and Arysta LifeScience Corporation. The Asia-Pacific market is projected to be the fastest growing during the forecast period owing to the large consumer base and rising awareness about organic food crops. India was the leading country in the region in 2017 owing to the presence of manufacturing companies such as Mark Organics and Sikko Industries Limited. China and Australia & New Zealand are other regions contributing to the regional market growth.

Market Segmentation

The global organic pesticides market has been classified based on type, crop type, mode of application, and region.

By type, the global organic pesticides market has been categorized into natural and synthetic. The natural segment is further segmented into biochemical, microbial, botanical, and mineral. The synthetic segment is further divided into organochlorines, organophosphates, carbamates, and pyrethroids.

On the basis of crop type, the global organic pesticides market has been bifurcated into permanent and arable.

Based on mode of application, the global organic pesticides market has been classified into seed treatment, on-farm, and after harvest.

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This release was published on openPR.