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Insecticides Market Size, Share, Trends, Growth Outlook

Insecticides Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Type (Pyrethroids, Organophosphates, Carbamates, Chlorinated Hydrocarbons, Botanical, Others), By Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others), Countries and Companies Report

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  • |Published Month : November, 2024
  • |No. of Pages : 190

The global Insecticides Market is poised to register a 5.6% CAGR from $17.6 Billion in 2024 to $24.4 Billion in 2030.

The global Insecticides Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Type (Pyrethroids, Organophosphates, Carbamates, Chlorinated Hydrocarbons, Botanical, Others), By Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others).

An Introduction to Global Insecticides Market in 2024

Insecticides are chemical substances used to control and eliminate insect pests in various agricultural, public health, and industrial settings, preventing crop damage, disease transmission, and property destruction. One key trend shaping the future of insecticides is the development of safer, more effective, and environmentally friendly insecticide formulations and application methods to address emerging pest resistance, minimize non-target effects, and meet regulatory requirements for human health and environmental protection. Pesticide manufacturers and researchers are innovating new insecticide chemistries, such as botanical extracts, microbial pesticides, and biopesticides derived from natural sources, with reduced toxicity to non-target organisms, including beneficial insects, birds, and mammals, while maintaining high efficacy against targeted pests. Additionally, advancements in formulation technologies, such as microencapsulation, nanotechnology, and controlled-release formulations, are improving insecticide delivery, persistence, and efficacy, enabling targeted pest control with reduced application rates and environmental impact compared to conventional insecticides. Moreover, the integration of integrated pest management (IPM) strategies, such as biological control, habitat modification, and pheromone-based monitoring, is promoting sustainable pest control practices and reducing reliance on chemical insecticides, minimizing pesticide residues in food, water, and soil, and preserving ecosystem health and biodiversity. As agriculture and public health sectors seek to transition to safer and more sustainable pest management practices, the market for insecticides is poised for innovation and growth, with opportunities for collaboration, research, and market expansion to meet the evolving needs of growers, pest control professionals, and regulatory authorities.

Insecticides Market- Industry Size, Share, Trends, Growth Outlook

Insecticides Market Competitive Landscape

The market report analyses the leading companies in the industry including AMVAC Chemical Corp, BASF SE, Bayer AG, Bioworks Inc, Corteva Agriscience, FMC Corp, Nufarm Ltd, Syngenta Group AG, UPL Ltd.

Insecticides Market Dynamics

Insecticides Market Trend: Shift towards Biopesticides and Environmentally Friendly Formulations

A prominent trend in the market for insecticides is the shift towards biopesticides and environmentally friendly formulations. With increasing concerns about pesticide residues, environmental pollution, and human health risks associated with conventional chemical insecticides, there is a growing demand for alternative pest control solutions that offer effective control while minimizing adverse effects on non-target organisms and ecosystems. Biopesticides, derived from natural sources such as plants, microbes, and beneficial insects, are gaining popularity as sustainable alternatives to synthetic insecticides. Additionally, there is a trend towards the development of environmentally friendly formulations, including botanical extracts, microbial pesticides, and insect growth regulators, which provide targeted pest control with reduced environmental impact and risk to human health. This is driving the commitment to sustainable agriculture practices and the adoption of safer pest control solutions to address evolving regulatory requirements and consumer preferences.

Insecticides Market Driver: Rising Global Population and Food Security Concerns

A key driver propelling the market for insecticides is the rising global population and food security concerns. With the world population projected to reach 9 billion by 2050, there is increasing pressure on agricultural production to meet growing food demand. Insect pests pose a significant threat to crop yields and food security, causing substantial losses in agricultural productivity worldwide. Insecticides play a crucial role in pest management strategies, protecting crops from damage and minimizing yield losses. The need to sustainably increase agricultural productivity, enhance crop resilience to pest pressures, and ensure food security for a growing population is driving the demand for effective insecticides across diverse cropping systems and regions. Additionally, the expansion of agriculture into new areas, intensification of cropping systems, and climate change-induced shifts in pest dynamics further underscore the importance of insecticides in modern agriculture.

Insecticides Market Opportunity: Development of Target-Specific and Low-Residue Formulations

An opportunity for growth in the market for insecticides lies in the development of target-specific and low-residue formulations. While conventional insecticides provide broad-spectrum control of insect pests, there is a growing demand for insecticides that target specific pests while minimizing residues in crops, soil, water, and the environment. By focusing on the development of insecticides with novel modes of action, selective toxicity to target pests, and rapid degradation in the environment, manufacturers can offer solutions that meet the evolving needs of growers, consumers, and regulatory authorities. Additionally, there is an opportunity to invest in research and innovation to develop integrated pest management (IPM) solutions that combine multiple pest control strategies, including biological control, cultural practices, and chemical control, to optimize pest control efficacy while reducing reliance on synthetic insecticides. By leveraging advancements in formulation technology, regulatory expertise, and market insights, companies can capitalize on the opportunity to deliver sustainable and effective insecticide solutions that support the long-term viability of agriculture and contribute to global food security goals.

Insecticides Market Ecosystem

In the insecticide market, research and development efforts are led by chemical companies including Syngenta Crop Protection AG and BASF SE, along with contributions from government research institutions including the USDA Agricultural Research Service, and biotechnology companies including Valent BioSciences Corporation. These entities focus on discovering new insecticide molecules with high efficacy and target specificity, as well as developing bioinsecticides derived from natural sources. Chemical manufacturers including Dow Chemical Company and Bayer CropScience AG are responsible for producing the core insecticide molecules through various chemical synthesis processes. Formulators, including Nufarm Limited, then develop different insecticide formulations suitable for various application methods including sprays, granules, and dusts.
Manufacturing of formulated insecticide products can be conducted by companies with their facilities or through external manufacturers. Distribution channels include direct sales teams, agricultural supply stores, distributors specializing in pest control products, and online retailers. Regulatory approval and registration with entities including the Environmental Protection Agency (EPA) in the US are necessary before commercialization. End-users of insecticides include farmers for agricultural pest control, public health departments for vector control, and homeowners and gardeners for pest control in residential areas.
 

Insecticides Market Share Analysis: Pyrethroids held the dominant revenue share in 2024

The pyrethroids segment stands as the largest sector in the Insecticides Market, driven by diverse pivotal factors contributing to its dominance. Pyrethroids are synthetic chemical compounds derived from natural pyrethrins, which are extracted from chrysanthemum flowers. They are widely used as insecticides due to their effectiveness, broad-spectrum activity, and relatively low toxicity to mammals. Pyrethroids act by disrupting the nervous system of insects, leading to paralysis and death. One of the primary advantages of pyrethroids is their rapid knockdown effect on insects, making them highly effective in controlling a wide range of pests, including mosquitoes, flies, cockroaches, ants, and agricultural pests such as aphids, caterpillars, and beetles. Additionally, pyrethroids exhibit excellent residual activity, providing long-lasting protection against re-infestations. In addition, pyrethroids are versatile and can be formulated into various formulations such as sprays, dusts, granules, and aerosols, allowing for flexible application methods in different settings, including agricultural, residential, and public health applications. Further, pyrethroids are considered relatively safer for humans and non-target organisms compared to other classes of insecticides, such as organophosphates and carbamates, making them suitable for use in integrated pest management (IPM) programs and in sensitive environments such as homes, schools, and hospitals. Additionally, pyrethroids are effective against insecticide-resistant strains of pests, providing a valuable tool for pest control in areas where resistance is a concern. Further, the growing demand for vector control measures to prevent the spread of vector-borne diseases such as malaria, dengue fever, Zika virus, and West Nile virus, drives the adoption of pyrethroid-based insecticides in public health programs worldwide. As agriculture, public health, and pest control professionals seek effective and safe insecticide solutions, the pyrethroids segment of the insecticides market is expected to maintain its leading position and witness sustained growth in the foreseeable future.

Insecticides Market Share Analysis: Fruits and Vegetables is the fastest growing market segment over the forecast period to 2030

The fruits and vegetables segment is the fastest-growing sector in the Insecticides Market, driven by diverse critical factors propelling its rapid expansion. Fruits and vegetables are highly susceptible to damage and losses caused by a wide range of insect pests, including aphids, thrips, mites, caterpillars, and fruit flies. Insecticides play a crucial role in protecting fruit and vegetable crops from pest infestations and minimizing yield losses. One of the primary reasons for the rapid growth of insecticide usage in the fruits and vegetables segment is the increasing global demand for fresh produce and the expansion of fruit and vegetable cultivation areas to meet this demand. As agriculture intensifies and expands into new regions, the prevalence and severity of pest pressure on fruit and vegetable crops increase, driving the need for effective pest management strategies, including insecticide applications. Additionally, fruits and vegetables are often grown in diverse agroecosystems and cropping systems, where pest management practices must be tailored to specific crop types, growing conditions, and pest complexes. This complexity necessitates the use of a wide range of insecticides with different modes of action and formulations to target various pests effectively. In addition, the growing adoption of integrated pest management (IPM) approaches in fruit and vegetable production systems, which emphasize the use of multiple pest control tactics, including cultural, biological, and chemical control methods, further drives the demand for insecticides. Additionally, the increasing occurrence of invasive pests, emergence of insecticide-resistant pest strains, and climate change-induced shifts in pest distribution and abundance pose challenges to fruit and vegetable growers, necessitating proactive pest management strategies that often include insecticide applications. Further, consumer preferences for high-quality, blemish-free, and pest-free fruits and vegetables drive the demand for effective pest control measures, including the use of insecticides, to ensure product quality and marketability. As fruit and vegetable production expands globally and growers face increasing challenges from pest pressures, the fruits and vegetables segment of the insecticides market is expected to experience robust growth, presenting lucrative opportunities for manufacturers and suppliers of insecticides tailored for fruit and vegetable crop protection.

Insecticides Market Report Scope-

By Type
Pyrethroids
Organophosphates
Carbamates
Chlorinated Hydrocarbons
Botanical
Others
By Application
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others

Insecticides Market Companies Profiled

AMVAC Chemical Corp
BASF SE
Bayer AG
Bioworks Inc
Corteva Agriscience
FMC Corp
Nufarm Ltd
Syngenta Group AG
UPL Ltd
*- List Not Exhaustive

TABLE OF CONTENTS

1 Introduction to 2024 Insecticides Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Insecticides Market Size Outlook, $ Million, 2021 to 2030
3.2 Insecticides Market Outlook by Type, $ Million, 2021 to 2030
3.3 Insecticides Market Outlook by Product, $ Million, 2021 to 2030
3.4 Insecticides Market Outlook by Application, $ Million, 2021 to 2030
3.5 Insecticides Market Outlook by Key Countries, $ Million, 2021 to 2030

4 Market Dynamics
4.1 Key Driving Forces of Insecticides Industry
4.2 Key Market Trends in Insecticides Industry
4.3 Potential Opportunities in Insecticides Industry
4.4 Key Challenges in Insecticides Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Insecticides Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Insecticides Market Outlook by Segments
7.1 Insecticides Market Outlook by Segments, $ Million, 2021- 2030
By Type
Pyrethroids
Organophosphates
Carbamates
Chlorinated Hydrocarbons
Botanical
Others
By Application
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others

8 North America Insecticides Market Analysis and Outlook To 2030
8.1 Introduction to North America Insecticides Markets in 2024
8.2 North America Insecticides Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Insecticides Market size Outlook by Segments, 2021-2030
By Type
Pyrethroids
Organophosphates
Carbamates
Chlorinated Hydrocarbons
Botanical
Others
By Application
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others

9 Europe Insecticides Market Analysis and Outlook To 2030
9.1 Introduction to Europe Insecticides Markets in 2024
9.2 Europe Insecticides Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Insecticides Market Size Outlook by Segments, 2021-2030
By Type
Pyrethroids
Organophosphates
Carbamates
Chlorinated Hydrocarbons
Botanical
Others
By Application
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others

10 Asia Pacific Insecticides Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Insecticides Markets in 2024
10.2 Asia Pacific Insecticides Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Insecticides Market size Outlook by Segments, 2021-2030
By Type
Pyrethroids
Organophosphates
Carbamates
Chlorinated Hydrocarbons
Botanical
Others
By Application
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others

11 South America Insecticides Market Analysis and Outlook To 2030
11.1 Introduction to South America Insecticides Markets in 2024
11.2 South America Insecticides Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Insecticides Market size Outlook by Segments, 2021-2030
By Type
Pyrethroids
Organophosphates
Carbamates
Chlorinated Hydrocarbons
Botanical
Others
By Application
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others

12 Middle East and Africa Insecticides Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Insecticides Markets in 2024
12.2 Middle East and Africa Insecticides Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Insecticides Market size Outlook by Segments, 2021-2030
By Type
Pyrethroids
Organophosphates
Carbamates
Chlorinated Hydrocarbons
Botanical
Others
By Application
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
AMVAC Chemical Corp
BASF SE
Bayer AG
Bioworks Inc
Corteva Agriscience
FMC Corp
Nufarm Ltd
Syngenta Group AG
UPL Ltd

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By Type
Pyrethroids
Organophosphates
Carbamates
Chlorinated Hydrocarbons
Botanical
Others
By Application
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

Frequently Asked Questions