The Botanical Pesticides Market deals with the development and manufacture of plants extracts which have the ability to kill insects and diseases. Several minerals as well as plants exhibit properties of serving as botanical insecticides in an effective manner. They occur naturally.
The products produced by the Botanical Pesticides Market are extremely popular among organic gardeners. In some instances, botanical pesticides are even preferred over their synthetic cousins. This is due to the fact that botanical they have a much more immediate effect, degrade swiftly and largely safe when they come into contact with mammals.
One of the most popularly used botanical pesticides in agriculture is neem oil, which is derived from neem trees. It contains a chemical which serves as an effective deterrent for feeding and helps control growth. As the demand for higher yields per hectare keeps rising, the race is on to make natural pesticides a key part in pest management as well as crop protection.
Scope & Regional Forecast of the Botanical Pesticides Market:
Modern agriculture is changing at a rapid pace. Pest control products have to be more eco-friendly, and cultivation practices are required to use only sustainable products. Another growth driver for the Botanical Pesticides Market is the concern surrounding natural pollinators. The growing popularity of organic farming, especially in developed economies, is also driving demand for natural pesticides. While neem and pyrethrum are already quite popular, other variants of botanical pesticides are primed to break through into the limelight once industry-wide standardization takes place.
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So far, the Botanical Pesticides Market has been dominated by North America and Europe due to greater awareness among farmers regarding the benefits of botanical pesticide usage. The growing popularity of organic farming and integration of pest control management is expected to transform the Asia-Pacific region into a key future growth driver.
Segmentations & Key Players Involved in the Botanical Pesticides Market:
The Botanical Pesticides Market can be broken down into various segmentations on the basis of –
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- Type: Insecticides, Herbicides, Fungicides and Others.
- Active Substance: Azardirachtin, Matrine, Pyrethrins, Rotenone, Nicotine and Others.
- Crop Type: Vegetables & Fruits, Oilseeds & Pulses, Cereals & Grains, Turfs & Ornamentals and Others.
- Geographical Location: North America, Europe, Asia-Pacific and Rest of the World.
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Some of the key players involved in the Botanical Pesticides Market are as follows:
- Isagro SPA (Italy)
- Bioworks Inc. (U.S.)
- Sumitomo Chemical Co. Ltd. (Japan)
- Arysta Lifescience Limited (Japan)
- Koppert B.V. (The Netherlands)