(Food-Beverage-News.Com, October 17, 2017 ) According to the report “Middle East and Africa Insecticides Market by Type (Pyrethroids, Organophosphorus, Carbamates, Organochlorine, Botanicals and Others), by Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses and others), by Mode of Application (Foliar Spray, Seed Treatment, Soil Treatment, and Post-harvest), by Form (Sprays, strips and Baits), and by Region - Industry Analysis, Share, Size, Growth, Trends, and Forecasts (2016-2021)” published by Market Data Forecast, the Middle East and Africa Insecticides market is estimated to reach USD 1.89 billion by 2021 from a market value of USD 1.54 billion in 2016 at a CAGR of 4.1%.
Insecticides are a kind of Pesticides formulated to kill, Repel or harm insects which reduces crop yield. They can be used in various forms like Sprays, gels, Dust etc. Insecticides are mainly of two types. They are Systematic Insecticides and Contact Insecticides. Systematic Insecticides are type of pesticides which have long term residual activity while Contact Insecticides have no residual activity.
Rising concerns of Insect transferrable diseases, Rising Commercial Pest management services, rising demand for food grains owing to the increasing population, increasing Crop losses due to pests, advancements in agricultural practices or techniques and fall in per capita farm land are some of the major factors driving the market. However, some of the factors like improper handling of insecticides, and its toxic properties are slowing down the growth of the market.
Middle East and Africa Insecticides Market is segmented based on Type, Crop Type, Mode of Application and Form. Based on Type, market is segmented into Pyrethroids, Organophosphorus, Carbamates, Organochlorine, Botanicals and Others. Based on Crop Type, market is segmented into Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses and others. Based on Mode of Application, market is segmented into Foliar Spray, Seed Treatment, Soil Treatment, and Post-harvest. Based on Form, market is segmented into Sprays, strips and Baits. Organophosphorus segment commanded the market with highest share as it is cheaper than its alternatives. Bait segment is estimated to be the fastest growing segment owing to its easy to use properties. Geographically, market is further segmented into Middle East and Africa.
Some of the Major Players in the market are E.I. DuPont De Nemours & Company, Cheminova As, Nufarm Limited, Syngenta AG, BASF SE, Bayer Crop science AG, Dow Chemical Company, Makhteshim Agan Industries, Sumitomo Chemical Company Ltd., and FMC Corporation.
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