Organic Pesticides Market Size, Share, Growth Analysis, By Product Type(Biomedical, Microbial, Botanical, Mineral), By Application(Gardening, Fruits and Vegetables, Cereals and Pulses, Nursery), By Type(Insecticide, Fungicide, Herbicide, Others), By Form(Liquid, Powder), By Region - Industry Forecast 2024-2031

Report ID: SQMIG15A2370 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 147 | Figures: 68

Organic Pesticides Market News

April 2022: The agency accredited the merger among Liberty Pesticides and Fertilizers Limited (LPFL) and Coromandel SQM (India) Private Limited (CSQM) (utterly-owned subsidiaries), which came into effect on April 01, 2021. This merger is predicted to enlarge the business enterprise's product portfolio, together with its biopesticides, ultimately.

January 2022: The organization announced the merger of Andermatt Biocontrol AG with Andermatt Group AG. After the merger, all corporations registered at once to Andermatt Group AG, growing the effectiveness of the control and simplifying the business enterprise's shape.

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Global Organic Pesticides Market size was valued at USD 3.0 billion in 2022 and is poised to grow from USD 3.29 billion in 2023 to USD 6.90 billion by 2031, growing at a CAGR of 9.7% in the forecast period (2024-2031).

The competitive environment of the global Organic Pesticides market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry. 'Andermatt Biocontrol Ag', 'Certis USA L.L.C.', 'Futureco Bioscience S.A.', 'Jaivik Crop Care', 'Mark Organics', 'Nufarm', 'Parry America Inc.', 'Sikko Industries Ltd.', 'UPL LIMITED', 'Vision Mark Biotech'

Over the past few years, awareness concerning the bad implications of chemical pesticides use has multiplied notably amongst Indian farmers and consumers. This factor has provoked farmers to seek other surroundings-friendly alternatives and condense the reliance on traditional insecticides. Furthermore, chemical insecticides have extensively dwindled the fine of crops cultivated in Asian nations. Moreover, plants with high and poisonous chemical residues can't clean the export excellent requirements in positive nations, in particular in the European Union. This thing has considerably extended the demand for eco-friendly agricultural merchandise throughout India.

India is one of the fastest-growing economies globally due to the rise in industrialization and urbanization in recent years. With the rise in disposable profits of the population, the call for excellent food merchandise is growing rapidly inside the region. This boom in demand for meals merchandise has resulted in expanded utility of crop protection, along with biological pesticides answers to improve the crop yield in step with hectare. This in addition fuels the demand for superior crop protection answers within the location. Furthermore, the agrochemical enterprise in India has been gazing at structural adjustments, because of the growing call for crop protection chemicals, heavier delivery from China, and sizable possibilities to discover because of increasing variety of pesticide merchandise going off-patent.

North America dominates the market for organic pesticides. Increasing demand for organic products, growing awareness about the benefits of organic farming are driving the organic pesticides market in North America. The growth of the regional market can be attributed to the growing public awareness on the benefits of organic pesticides. Another important trend in the local market throughout the forecast period is projected to be increasing use of organic pesticides due to the development of new methods

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