The Global Insecticides Market Report by The Business Research Company covers insecticides market drivers and restraints, insecticides market size, major players, and the impact of COVID-19 on the insecticides market.
The insecticides market consists of sales of insecticides. Insecticides are substances that are used to kill insects, including ovicides and larvicides used for insect eggs and larvae respectively in order to control pests that affect the cultivated crops.
The world population is growing and is expected to reach 10 billion by 2050 and is expected to significantly boost the insecticides market. Increase in population creates more demand for food.
The global insecticides market is expected to grow from $16.68 billion in 2020 to $17.63 billion in 2021 at a compound annual growth rate (CAGR) of 5.7%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $22.86 billion in 2025 at a CAGR of 7%.
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Some insecticides market trends include new product launches. Companies in the insecticides industry are developing new products and improving product composition to make them safer for workers, farmers, plants, and the soil. Every year, companies globally introduce new products or brands to cater to different sets of audiences, insects, and industries. This translates to changes in the base solution, mode of application, and residue formation of the insecticide.
Global insecticides market segments include:
1) By Type: Synthetic Insecticides, Bio-insecticides.
2) By Application: Cereals and Grains, Oilseeds & Pulses, Fruits & Vegetables, Others.
3) By Form: Sprays, Baits, Strips.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Insecticides Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides insecticides market overviews, analyzes and forecasts market size, share, insecticides market players, insecticides market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The insecticides market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Insecticides Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Adama Agricultural Solutions Ltd, American Vanguard Corporation, BASF SE, Bayer CropScience AG, FMC Corporation, NuFarm Limited, Syngenta International AG, Sumitomo Chemical Co., Ltd., Monsanto Company,, Arysta Lifescience.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Insecticides Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Insecticides Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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