Garden Pesticides Market Report 2020 | Top Players Scotts, Syngenta AG, Bayer AG, DowDuPont, Andersons, BASF SE

Garden Pesticides are substances meant for attracting, seducing, and then destroying any pest in the garden, which in general protect plants from damaging influences such as weeds, fungi, or insects. Garden pesticides include herbicides (which kill plants), insecticides (which kill insects), fungicides (which kill fungi) and other pesticides.

Market Segment by Manufacturers, this report covers:

Scotts, Syngenta AG, Bayer AG, DowDuPont, Andersons, BASF SE, Monsanto, Nufarm, Sumitomo Chemical, FMC, SC Johnson, Bonide Products, Efekto, Espoma Company, Organic Laboratories, Red Sun, Nissan Chemical, ChemChina

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Scope of the Report:

Pesticides constitute the largest category within the market for crop protection chemicals, with biopesticides accounting for a comparatively minute share. However, growing environmental concerns regarding the use of synthetic pesticides that are primarily produced using petrochemical or inorganic raw materials have resulted in increasing demand for eco-friendly biopesticides.

Biopesticides, on the other hand, are manufactured with renewable resources and are free of synthetic active ingredients. Being organic, free of chemical residues and eco-friendly products, biopesticides have been witnessing faster growth in demand compared to their synthetic counterparts.

The US Garden Pesticides market has been growing slower in recent years; the manufacturers are facing the fierce competition in the market. So, they are concerning more on their innovation R&D of new materials and technology.

Factors driving the markets for Garden pesticides include decreasing arable land, increasing population, the requirement of improving crop yields and adoption of GM technology, specifically herbicide-resistant crops. On the other hand, regulatory authorities such as the EPA (Environment Protection Agency) frequently come up with stringent laws related to curbing pesticide use for alleviating environmental damage and increasing consumer awareness about pesticide consumption, which is expected to be instrumental in slowing down growth in demand for synthetic pesticides.

The worldwide market for Garden Pesticides is expected to grow at a CAGR of roughly 2.0% over the next five years, will reach 840 million US$ in 2024, from 750 million US$ in 2019, according to a new GIR (Global Info Research) study.

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Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Herbicide
Insecticide
Fungicide
Other

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This release was published on openPR.