(Food-Beverage-News.Com, September 12, 2019 ) Market Dynamics: • Integrated Pest Management focuses on long-term prevention of pests or their damage. Pests cost billions of dollars each year due to damage to human health as well as crops & livestock. Insects are responsible for many deadly diseases. There were more than 216 million cases of malaria in 2016. Over one million people worldwide die from mosquito-borne diseases every year. Pests are also major threats to crop. Without preventive protection with pesticides, 70% of crops could have been lost to pests. Pesticides serve to destroy such unwanted agents as fungi, weeds, and insects that might otherwise destroy crops or reduce their output. In Commercial applications, clear roadways of weeds and shrubs, to kill invasive plants, or to control algae growth in bodies of water. • Despite all this, Pesticides have seen slower growth in recent years due to the emphasis on the less generous use of pesticides due to their toxicity. Non-toxic and least toxic control products are a major growth area, and new products are increasingly available in the marketplace. Presence of residue in fruits & vegetables is causing rapid adoption of non-toxic alternatives. Due to ecological consequences products which kill target pests only instead of broad-spectrum action are becoming more popular. Also, the pesticide compounds which take decades to break down are being discouraged heavily. • Due to its biocidal effects & potential damage for the human health market is heavily regulated which restricts the number of players. Patents further contribute to the concentration of the market.
Market Segmentation • Pesticides Integrated Pest Management market is segmented by Type, control type, and application.. By Type, the market is segmented into Herbicide, Insecticide, Fungicide, Others. Herbicides account for largest share of the market due to the large range of crop protection products. • By control type, the market is divided into Physical, Chemical, Biological. Physical pest control refers to the use of physical methods such as directly killing them as well as nets, traps or mineral oils to control pests. The chemical segment consists of natural chemicals which are toxic to the pest as well highly toxic proprietary chemicals used to kill harmful pests. Chemical pesticides dominate the market despite toxicity due to fast action. As part of Integrated Pest Management, use of chemical pesticides is discouraged. Biological pesticide makes use of certain organisms which have a predator-prey relationship with pest or certain bacteria or fungi which are toxic to pests. Due to regulations against chemical pesticides, biological pesticides are expected to grow at faster pace during the forecast period. • Pesticides are mainly used for agricultural purposes as crop protection products. Non-agricultural use includes residential & industrial applications for hygiene maintenance. By product type, pesticides products are divided into Patent, Proprietary off-patent, Post patent. Post patent products are dominating the market in the last few years due to a large number of patented pesticides going off-patent. The post-patent segment is very competitive & will continue to dominate due to many pesticides going off-patent during the forecast period. By status, pesticides are segmented into regular & organic-certified pesticides. Market share of organic-certified pesticides is expected to increase due to the increase in organic farming & launch of many organic-certified pesticides. In October 2018, OmniLytics, Inc. announced that the EPA had approved two new bacteriophage products, AgriPhage™-Fire Blight and AgriPhage™-Citrus Canker which are approved by National Organic Program for use in organic agriculture. Key market segments covered By Type • Herbicide • Insecticide • Fungicide • Others (Rodenticides) By Control Type • Physical • Chemical • Biological By Application • Agriculture • Non-agriculture By Product Type • Patent • Proprietary off-patent • Post patent By Status • Regular • Organic-Certified By Region • Asia Pacific • Europe • North America • South America • Rest of the World
Geographical Analysis: • By region, Pesticides Integrated Pest Management market is divided into Asia Pacific, Europe, North America, South America, and Rest of the World. China is the largest consumer of pesticides due to owing to extensive agriculture & its status as the Industrial giant. The United States was the second largest consumer of pesticides.
Competitive Analysis Few global players dominate pesticides Integrated Pest Management market due to strong regulatory hurdles & patent laws. The most prominent players in the Pesticides Integrated Pest Management market are Syngenta, Bayer, DowDuPont, BASF, ADAMA Agricultural Solutions, Nufarm Limited, FMC, Sumitomo Chemical, United Phosphorus Ltd, and Arysta Lifescience.
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