What is Global Insecticides in Agriculture Market?
The Global Insecticides in Agriculture Market is a vast and dynamic sector that plays a crucial role in ensuring food security worldwide. Insecticides are substances used to kill insects and are an integral part of the agricultural industry. They are used to control a variety of pests that can cause damage to crops and reduce yield. The market encompasses a wide range of products, from synthetic chemicals to biological agents, all designed to control or eliminate pests that threaten agricultural productivity. The global market for these products is driven by the need to increase crop yield and quality, the growing demand for food due to the increasing global population, and the need to combat the rising incidence of pest-related diseases. The market is also influenced by factors such as technological advancements in insecticide production, changes in farming practices, and government regulations related to pesticide use.
Weed Control, Control of Insects and Other Pests, Disease Control, Others in the Global Insecticides in Agriculture Market:
Weed control, control of insects and other pests, disease control, and others are some of the key applications of insecticides in the agriculture market. Weed control involves the use of insecticides to eliminate unwanted plants that compete with crops for nutrients, water, and sunlight. Insect control involves the use of insecticides to kill or repel pests that can cause significant damage to crops. Disease control involves the use of insecticides to prevent or reduce the incidence of plant diseases caused by various pathogens. Other applications of insecticides in agriculture include soil treatment, seed treatment, post-harvest treatment, and more. Each of these applications plays a crucial role in ensuring the health and productivity of crops, thereby contributing to the overall growth and profitability of the agriculture industry.
Household Use, Public Health, Nurseries and Ornamental Crops, Industrial Weeding, Forestry, Lawn, Wood Treatment, Animal Health in the Global Insecticides in Agriculture Market:
The Global Insecticides in Agriculture Market is not limited to agricultural fields; it also finds usage in various other areas such as household use, public health, nurseries and ornamental crops, industrial weeding, forestry, lawn, wood treatment, and animal health. In households, insecticides are used to control pests like mosquitoes, flies, and cockroaches that can cause diseases. In public health, they are used to control vectors of diseases like malaria and dengue. Nurseries and ornamental crops also use insecticides to maintain the health and aesthetics of the plants. Industrial weeding uses insecticides to control weeds that can hinder industrial operations. In forestry, they are used to protect trees from harmful insects. Lawns and wood treatments also require insecticides to maintain their health and longevity. In animal health, insecticides are used to control pests that can cause diseases in animals.
Global Insecticides in Agriculture Market Outlook:
Looking at the market outlook, the global pharmaceutical market, which includes the Global Insecticides in Agriculture Market, is projected to reach a value of 1475 billion USD in 2022. This represents a compound annual growth rate (CAGR) of 5% over the next six years. This growth is driven by various factors such as increasing global population, rising food demand, and the need to combat pest-related diseases. On the other hand, the chemical drug market, a subset of the pharmaceutical market, is expected to grow from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. This growth is driven by the increasing demand for chemical drugs in various sectors, including agriculture.
Report Metric | Details |
Report Name | Insecticides in Agriculture Market |
CAGR | 5% |
Segment by Type |
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Segment by Application |
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Production by Region |
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Consumption by Region |
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By Company | Adama, AMVAC, Arysta LifeScience, BASF, Bayer, Dow, DuPont, FMC, Gowan, Isagro Group, Meiji Seika Pharma, Mitsui Chemicals, Nihon Nohyaku, Nissan Chemical, Nufarm, Oxitec, PBI Gordon, S. C. Johnson & Son, Scotts Miracle-Gro, Sumitomo Chemical, Syngenta, Valent BioSciences Corporation |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |