Mar 18, 2020   SOURCE: BusinessWire

Global Insecticides Market (2020 to 2025) - CAGR of 5.1% Expected During the Forecast Period - ResearchAndMarkets.com

The "Insecticides Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

The insecticides market is projected to register a CAGR of 5.1% during the forecast period, 2020-2025.

The number of pests in different crops, across the world, is rising, and there is a tremendous increase in the number of insecticide-resistant pests.

Insecticides can be used to control a variety of pests; however, over time, they lose their effectiveness, as pests develop resistance, a significant decrease in sensitivity to a pesticide, which reduces the field performance of pesticides. Reliance on insecticide-based pest management of insect pests often leads to the development of insecticide resistance.

Key Market Trends

Increasing Food Demand and Need for Increased Agricultural Productivity

According to FAO, the food demand in the United States is expected to increase by 50% to 90% by 2050. The world population is expected to grow by over a third, or 2.3 billion people, between 2009 and 2050. Many factors, from climate change to outbreak of pests and lack of investment, make it challenging to produce enough food. The demand for food is expected to increase in the near future due to the increasing population, as well as rising income of individuals, in the United States. The percentage of arable land area is falling in the United States, which indicates the need to increase agricultural productivity to meet the increasing demand of the US population, as well as of the countries that import from the United States. Owing to these trends, the market demand for food is expected to increase, thereby, increasing the demand for insecticides, globally.

Increasing Insecticide Consumption in the Asia-Pacific Region

Rise in the number of resistant pests, increasing food demand, and need for increased agricultural productivity are the major factors driving the insecticides market in the Asia-Pacific region. Farmers will need to increase production by increasing productivity and using pesticides to control the damage caused by pests. Without the use of crop protection products, such as insecticides, the overall food production may decline, as due to climate changes and pests, farmers are facing yield fluctuations by about 30%. Owing to the above reasons, Asia-Pacific is the largest market in terms of insecticide consumption.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.3 Market Restraints

4.4 Porter's Five Forces Analysis

4.4.1 Bargaining Power of Suppliers

4.4.2 Bargaining Power of Buyers

4.4.3 Threat of New Entrants

4.4.4 Threat from Substitute Products

4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

5.1 Origin

5.1.1 Synthetic Insecticides

5.1.2 Bio-insecticides

5.2 Insect Pest Type

5.2.1 Sucking Pest Insecticides

5.2.2 Biting and Chewing Pest Insecticides

5.3 Application

5.3.1 Grains and Cereals

5.3.2 Pulses and Oilseeds

5.3.3 Commercial Crops

5.3.4 Fruits and Vegetables

5.3.5 Other Applications

5.4 Geography

5.4.1 North America

5.4.1.1 United States

5.4.1.2 Canada

5.4.1.3 Mexico

5.4.1.4 Rest of North America

5.4.2 Europe

5.4.2.1 Germany

5.4.2.2 United Kingdom

5.4.2.3 France

5.4.2.4 Spain

5.4.2.5 Italy

5.4.2.6 Russia

5.4.2.7 Rest of Europe

5.4.3 Asia-Pacific

5.4.3.1 China

5.4.3.2 Japan

5.4.3.3 India

5.4.3.4 Australia

5.4.3.5 Rest of Asia-Pacific

5.4.4 South America

5.4.4.1 Brazil

5.4.4.2 Argentina

5.4.4.3 Rest of South America

5.4.5 Africa

5.4.5.1 South Africa

5.4.5.2 Rest of Africa

6 COMPETITIVE LANDSCAPE

6.1 Most Adopted Strategies

6.2 Market Share Analysis

6.3 Company Profiles

6.3.1 Adama Agricultural Solutions

6.3.2 American Vanguard Corporation

6.3.3 BASF SE

6.3.4 Bayer CropScience AG

6.3.5 Corteva Agriscience

6.3.6 FMC Corporation

6.3.7 Isagro SpA

6.3.8 NuFarm Limited

6.3.9 Syngenta International AG

6.3.10 Sumitomo Chemical Co., Ltd.

6.3.11 UPL Limited

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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