The Global Organic Pesticides Market is expected to register a CAGR of 7.6% and reach USD 8,217.0 Million by 2025. Organic farming is a method of crop cultivation that prohibits the use of chemical pesticides, fertilizers, genetically modified organisms, antibiotics, and growth promotors, among others. Organic pesticides are crop protection products which are used during organic farming to control crop losses due to pest attacks. These are natural and synthetic pesticides that need to be used in accordance with the guidelines provided by the US Department of Agriculture’s Organic Foods Production Act (OFPA).
The Global Natural Pesticides Industry has been segmented on the basis of type, crop type, mode of application, and region.
Based on type, the market has been bifurcated into natural and synthetic. The natural segment accounted for a larger market share in 2018. The rise in safety concerns regarding the use of pesticides is fueling the adoption of natural organic pesticides, which are considered safe. Therefore, the segment is anticipated to expand at a faster growth rate during the forecast period.
Based on mode of application, the market has been classified as foliar, soil treatment, seeds treatment, and others. The foliar segment is expected to dominate the market as foliar reduces the costs associated with labor owing to the ease in application and helps save time. Seed treatment helps prevent wastage of injured and diseased seed, as they can be used after proper treatment. Therefore, the segment is expected to register the highest CAGR of 7.8% during the forecast period.
Market Research Future recognizes Andermatt Biocontrol AG (Switzerland), Parry America, Inc. (US), Certis USA L.L.C. (US), Futureco Bioscience SA (Spain), Nufarm (Australia), Bayer AG (Germany), BASF SE (Germany), Sikko Industries Ltd. (India), Vision Mark Biotech (India), and UPL LIMITED (India) as the key players in the global organic pesticides market.
By region, the global organic pesticides market has been segregated into North America, Europe, Asia-Pacific, and the rest of the world. As per MRFR analysis, North America dominated the global market, accounting for the largest share in 2018. The rise in demand for organic food and food products has increased the need for biopesticides. This, in turn, fuels the growth of the organic pesticides market. However, the market in Asia-Pacific is expected to register the highest CAGR of 7.9% during the assessment period.
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