Miticides Market, Size, Share, Opportunities and Forecast, 2020-2027

SKU: DAG220 | Last Updated On: Feb 17 2021 | No. of Pages: 180 | Available Formats

> Global Miticides Market Expected to reach a high CAGR of 4.9% By 2027: DataM Intelligence

Global Miticides Market is segmented By Source (Biological, Chemical), By Crop Type (Fruit and Vegetables, Cereals and Grains, Oilseeds and Pulses, Others (turf & ornamentals and cash crops)), By Application (Foliar Spray, Soil Treatment), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2020-2027

 

Market Overview

The Global Miticides Market is expected to grow at a CAGR of 4.9% during the forecasting period (2020-2027).

Insects are one of the most diverse species living on our planet. Most insects are beneficial to the environment; some insects pose a threat to countries and regions. Herbivorous insects are known to destroy one-fifth of the world’s total annual crop production. Mites are small insects belonging to the class of Arachnida. These are plant parasites that feed on the leaves of the plants. Mites also affect the fruit of the trees by changing the flavor and skin of the fruit. A large number of mites infestation/attack can result in the death of the crop. Some of the harmful insects or bugs are Spider Mits, Aphids, Caterpillars, Colorado potato beetle, etc.  Protections are to be taken to prevent and to kill off these kinds of insects may propel the demand for miticides.  Miticides are chemical pesticides effective against these kinds of mites, posing a threat to the plants. These chemicals help to reduce the loss in plant productivity, generally caused due to mite infestation.

Market Dynamics

The global miticides market growth is mainly driven by increasing concern for food security and better crop efficiency. Besides, the presence of favorable government reforms to expand the agricultural sector further boosts the market growth.

High efficiency of miticides & rising concern for food security
A surge in food security concerns across the globe and increasing awareness among people to protect their food crops from mites and pests significantly drive the product demand. According to the US Department of Agriculture, in 2019, 89.5% (around 116.0 million) of US households were food secure throughout the year. The remaining 10.5% (approximately 13.7 million)of households were food insecure at some point of the year, including 6.4 percent (about 8.3 million) of U.S. households had low food security throughout 2019. Moreover, between 2016 and 2018, 5.6% of the UK population were expected to have witnessed food insecurity based on FAO’s globally set threshold for food insecurity. Thus, the growing concern for food security and rising food demand catering to the ever-growing population has counseled the farmers to use miticides for higher agricultural yield. Furthermore, the United Nations “Zero Hunger Vision by 2030” mission focuses on end hunger and double the agricultural productivity and incomes of small-scale food producers are expected to propel the demand for miticides. 

Growing government initiatives to improve the agricultural sector by providing subsidies
The government bodies of various countries focus and spend heavily on agriculture as it is an effective way to enhance agricultural productivity. For instance, in 2016, as per China’s Ministry of Agriculture, more than 1,300 Chinese enterprises had overseas investments in forestry, agriculture, and fisheries valued at USD 26 billion. Moreover, in April 2020, the Ontario and Canadian governments invested significantly up to USD 2.5 million to boost the agri-food sector. Thus, on account of various initiatives carried out by the government, agricultural production is increasing in various countries. Thus, with the ramping up of crop production, the demand for miticides increases the crop yield, which acts as a key driver for the miticides market.

Harmful effects of miticides on humans and increasing adoption of organic farming
Though miticides are majorly used to increase crop productivity by eliminating ticks and mites, their harmful effect on human health is hampering the market growth. High exposure to miticides is likely to cause many diseases, such as malnutrition, cancer, metabolic syndrome, inflammation, anxiety, atherosclerosis, weakness, memory loss, and kidney failure. Moreover, government restrictions on the use of organophosphate compounds and policies such as the National Mission of Sustainable Agriculture (NMSA), Paramparagat Krishi Vikas Yojana (PKVY), and National Project on Organic Farming (NPOF) for enhancing organic farming is hindering the product demand. According to the Research Institute of Organic Agriculture (RIOC), the organic arable land in Asia increased by 25 percent in 2017 and reached around 6.1 million hectares, considerably affecting the market growth.

COVID-19 Impact Analysis
Food distribution channels of almost all countries worldwide have been substantially disrupted due to the COVID-19 pandemic. The disruption of the supply chain resulted in considerable losses to the farmers. World Trade Organization (WTO) estimated that global trade would fall by between 13% and 32% in 2020 as the coronavirus pandemic disrupted regular economic activity and life worldwide. Additionally, India’s fruits and vegetable export reduced by 16% and reached USD 1 billion between April 2019 and January 2020, from USD 1.19 billion from the same period in the previous year. Thus, a decline in the growth of the agricultural sector restrains miticides market growth.

Market Segment Analysis

Based on crop type, the global miticides market has been categorized into fruits & vegetables, cereals & grains, oilseeds & pulses, and others (turf & ornamentals and cash crops). 

The fruits & vegetable segment will dominate the global miticides market.
The fruits & vegetable segment held the largest market share due to rising health-consciousness among consumers and increasing purchasing power, resulting in increased consumption of a broad variety of products, particularly vegetables & fruits. Emerging countries in the Asia Pacific provide ample opportunities for the miticides market players, owing to the large fruit-growing industries in key countries such as China, India, and Southeast Asian countries. 

Based on the source, the global miticides market has been bifurcated into biological and chemical.

The chemical segment witnessed the largest share in the global miticides market.
The chemical source garnered the largest market share due to its effectiveness and ability to destroy mites and ticks faster. The use of synthetic chemical miticides for crop and plant protection is substantially growing. Many specific miticides have been introduced that are relatively less toxic to predaceous mites than phytophagous mites and help control the population of phytophagous mites. Chemicals affect mite's essential biological processes or systems such as metabolic energy production, growth, or the nervous system, which leads to the disruption or change in development, metabolic, and other physiological functioning within the mites and results in the death of ticks and mites.

Geographical Analysis

The Asia Pacific is estimated to dominate the global miticides market.
The Asia Pacific is estimated to hold the largest share in the global miticides market. This is mainly ascribed to the rising awareness about miticides and continuous technological developments. Additionally, the increasing demand for crops and growing cultivation in the emerging countries of Asia Pacific have forced agribusiness companies to boost their supplier and manufacturing base in the region. For instance, in 2018, United Phosphorus Ltd expanded its product portfolio by launching new insecticides in India. Also, significant growth in population in China and India creates a considerable pressure on crop production, thus to cater to the rising demand for crops, there is a substantial growth of miticides market across the region.

Competitive Landscape 

The miticides market is highly competitive with the presence of domestic as well as global companies.  Some of the key players which are contributing to the growth of the market include BASF SE, Bayer AG., Syngenta, Nihon Nohyaku Co., Ltd., Gowan Company, LLC, DuPont, ADAMA, Arysta Lifescience, FMC Corporation, Shanghai Sinogreatland Industrial Co., Ltd., Shijiazhuang Ageruo-Biotech Co., Ltd., Shijiazhuang Ageruo-Biotech Co., Ltd., Wuhan UNIOASIS Biological Technology Co., Ltd., Shenzhen Horizon Industry Co., Ltd., among others. Key product manufacturers have their presence in the North American and European countries. 

BASF SE 
Overview: BASF SE was founded in the year 1865. It is a German multinational company with over 117,000 employees in the BASF Group working in almost all sectors worldwide. The company primarily operates under six segments: materials, chemicals, industrial solutions, nutrition & care, surface technologies, and agricultural solutions. BASF generated sales of USD 59 billion in 2019. Nealta miticide brand provides a uniform mode of action for control of all spider mite life stages.
Product Portfolio: The Company’s portfolio comprises products and services in surface technologies, chemicals, nutrition & care, industrial solutions, materials, and agricultural solutions.

Why Purchase the Report?

  • Visualize the composition of the miticides market segmentation by source, crop type, application, and region, highlighting the key commercial assets and players.
  • Identify commercial opportunities in the miticides market by analyzing the latest trends and co-development deals across the globe. 
  • Market datasheet in excel with thousands of data points of the miticides market is demonstrated with 3 level segmentation.
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  • Product mapping for the key products and competitive benchmarking of all crucial market players in excel.

Target Audience

  • Service Providers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Agriculture companies
  • Research Professionals
  • Emerging Companies
  • Manufacturers

Related Topic's

Soil Active Herbicides Market

Foliar Spray Market

 

Table of Contents

  1. Miticides Market Methodology and Scope

    1. Research Methodology
    2. Research Objective and Scope of the Report
  2. Miticides Market – Market Definition and Overview

  3. Miticides Market – Executive Summary

    1. Market Snippet by Source
    2. Market Snippet by Crop Type
    3. Market Snippet by Application
    4. Market Snippet by Region
  4. Miticides Market-Market Dynamics

    1. Market Impacting Factors
      1. Drivers
        1. High efficiency of miticides & rising concern for food security
        2. Growing government initiatives to improve the agricultural sector by providing subsidies
      2. Restraints:
        1. Harmful effects of miticides on humans and consider adoption of organic farming
      3. Opportunity
      4. Impact Analysis
  5. Miticides Market – Industry Analysis

    1. Porter's Five Forces Analysis
    2. Supply Chain Analysis
    3. Value Chain Analysis
    4. PEST Analysis
    5. Pricing Analysis
    6. Regulatory Analysis
    7. Reimbursement Analysis
    8. Unmet Needs
    9. Patent Trends
  6. Miticides Market – COVID-19 Analysis

    1. Analysis of Covid-19 on the Market
      1. Before COVID-19 Market Scenario
      2. Present COVID-19 Market Scenario
      3. After COVID-19 or Future Scenario
    2. Pricing Dynamics Amid Covid-19
    3. Demand-Supply Spectrum
    4. Government Initiatives Related to the Market During Pandemic
    5. Manufacturers Strategic Initiatives
    6. Conclusion 
  7. Miticides Market – By Source

    1. Introduction
    2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Source Segment
    3. Market Attractiveness Index, By Source Segment
      1. Biological*
        1. Introduction
        2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
      2. Chemical
  8. Miticides Market – By Crop Type

    1. Introduction
    2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Crop Type Segment.
    3. Market Attractiveness Index, By Crop Type Segment
      1. Fruit and vegetables*
        1. Introduction
        2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
      2. Cereals and grains
      3. Oilseeds and pulses
      4. Others (turf & ornamentals and cash crops)
  9. Miticides Market – By Application

    1. Introduction
    2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application Segment
    3. Market Attractiveness Index, By Application Segment
      1. Foliar Spray*
        1. Introduction
        2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
      2. Soil Treatment
  10. Miticides Market – By Region

    1. Introduction
    2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
    3. Market Attractiveness Index, By Region
    4. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Source
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Crop Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. The U.S.
        2. Canada
        3. Mexico
    5. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Source
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Crop Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. The U.K.
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    6. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Source
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Crop Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    7. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Source
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Crop Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia Pacific
    8. The Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Source
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Crop Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Saudi Arabia
        2. UAE
        3. South Africa
        4. Rest of the Middle East and Africa
  11. Miticides Market – Competitive Landscape

    1. Competitive Scenario
    2. Market Positioning/Share Analysis
    3. Mergers and Acquisitions Analysis
  12. Global Miticides Market- Company Profiles

    1. BASF SE*
      1. Company Overview
      2. Product Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Bayer AG.
    3. Syngenta
    4. Nihon Nohyaku Co., Ltd.
    5. Gowan Company, LLC
    6. DuPont
    7. ADAMA
    8. Arysta Lifescience
    9. FMC Corporation
    10. Shanghai Sinogreatland Industrial Co., Ltd.,
    11. Shijiazhuang Ageruo-Biotech Co., Ltd.,
    12. Shijiazhuang Ageruo-Biotech Co., Ltd.,
    13. Wuhan UNIOASIS Biological Technology Co., Ltd.,
    14. Shenzhen Horizon Industry Co., Ltd.(*LIST NOT EXHAUSTIVE)
  13. Global Miticides Market – Premium Insights

  14. Global Miticides Market – DataM Intelligence

    1. Appendix
    2. About Us and Services
    3. Contact Us

List of Tables & Figures

List of Tables
Table 1 Global Miticides Market Value, By Source, 2019, 2023 & 2027 (US$ Million)    
Table 2 Global Miticides Market Value, By Crop Type, 2019, 2023 & 2027 (US$ Million)    
Table 3 Global Miticides Market Value, By Application, 2019, 2023 & 2027 (US$ Million)
Table 4 Global Miticides Market Value, By Region, 2019, 2023 & 2027 (US$ Million)    
Table 5 North America Miticides Market Value, By Source, 2019, 2023 & 2027 (US$ Million)    
Table 6 North America Miticides Market Value, By Crop Type, 2019, 2023 & 2027 (US$ Million)    
Table 7 North America Miticides Market Value, By Country, 2018-2027 (US$ Million)    
Table 8 South America Miticides Market Value, By Source, 2019, 2023 & 2027 (US$ Million)    
Table 9 South America Miticides Market Value, By Crop Type, 2019, 2023 & 2027 (US$ Million)    
Table 10 South America Miticides Market Value, By Application, 2019, 2023 & 2027 (US$ Million)
Table 11 South America Miticides Market Value, By Country, 2018-2027 (US$ Million)    
Table 12 Europe Miticides Market Value, By Source, 2019, 2023 & 2027 (US$ Million)    
Table 13 Europe Miticides Market Value, By Crop Type, 2019, 2023 & 2027 (US$ Million)    
Table 14 Europe Miticides Market Value, By Application, 2019, 2023 & 2027 (US$ Million)
Table 15 Europe Miticides Market Value, By Country, 2018-2027 (US$ Million)    
Table 16 Asia Pacific Miticides Market Value, By Source, 2019, 2023 & 2027 (US$ Million)    
Table 17 Asia Pacific Miticides Market Value, By Crop Type, 2019, 2023 & 2027 (US$ Million)    
Table 18 Asia Pacific Miticides Market Value, By Application, 2019, 2023 & 2027 (US$ Million)
Table 19 Asia Pacific Miticides Market Value, By Country, 2019, 2023 & 2027 (US$ Million)
Table 20 The Middle East & Africa Miticides Market Value, By Source, 2019, 2023 & 2027 (US$ Million)    
Table 21 The Middle East & Africa Miticides Market Value, By Crop Type, 2019, 2023 & 2027 (US$ Million)
Table 22 The Middle East & Africa Miticides Market Value, By Application, 2019, 2023 & 2027 (US$ Million)
Table 23 The Middle East & Africa Miticides Market Value, By Country, 2019, 2023 & 2027 (US$ Million)
Table 24 BASF SE: Overview
Table 25 BASF SE: Product Portfolio 
Table 26 BASF SE: Key Development 
Table 27 Bayer AG.: Overview
Table 28 Bayer AG.: Product Portfolio
Table 29 Bayer AG.: Key Development
Table 30 Syngenta: Overview
Table 31 Syngenta: Product Portfolio
Table 32 Syngenta: Key Development
Table 33 Nihon Nohyaku Co., Ltd.: Overview
Table 34 Nihon Nohyaku Co., Ltd.: Product Portfolio
Table 35 Nihon Nohyaku Co., Ltd.: Key Development
Table 36 Gowan Company, LLC: Overview
Table 37 Gowan Company, LLC: Product Portfolio
Table 38 Gowan Company, LLC: Key Development
Table 39 DuPont: Overview
Table 40 DuPont: Product Portfolio
Table 41 DuPont: Key Development
Table 42 ADAMA: Overview
Table 43 ADAMA: Product Portfolio
Table 44 ADAMA: Key Development
Table 45 Arysta Lifescience: Overview
Table 46 Arysta Lifescience: Product Portfolio
Table 47 Arysta Lifescience: Key Development
Table 48 FMC Corporation: Overview 
Table 49 FMC Corporation: Product Portfolio 
Table 50 FMC Corporation: Key Development
Table 51 Shanghai Sinogreatland Industrial Co., Ltd.: Overview 
Table 52 Shanghai Sinogreatland Industrial Co., Ltd.: Product Portfolio 
Table 53 Shanghai Sinogreatland Industrial Co., Ltd.: Key Development
Table 54 Shijiazhuang Ageruo-Biotech Co., Ltd.: Overview 
Table 55 Shijiazhuang Ageruo-Biotech Co., Ltd.: Product Portfolio 
Table 56 Shijiazhuang Ageruo-Biotech Co., Ltd.: Key Development 
Table 57 Wuhan UNIOASIS Biological Technology Co., Ltd.: Overview 
Table 58 Wuhan UNIOASIS Biological Technology Co., Ltd.: Product Portfolio
Table 59 Wuhan UNIOASIS Biological Technology Co., Ltd.: Key Development
Table 60 Shenzhen Horizon Industry Co., Ltd.: Overview
Table 61 Shenzhen Horizon Industry Co., Ltd.: Product Portfolio
Table 62 Shenzhen Horizon Industry Co., Ltd.: Key Development

List of Figures
Figure 1 Global Miticides Market Share, By Source, 2019 & 2027 (%)
Figure 2 Global Miticides Market Share, By Crop Type, 2019 & 2027 (%)
Figure 3 Global Miticides Market Share, By Application, 2019 & 2027 (%)
Figure 4 Global Miticides Market Share, By Region, 2019 & 2027 (%)
Figure 5 Global Miticides Market Value, 2018-2027 (US$ Million)
Figure 6 Global Miticides Market Y-o-Y Growth, By Source, 2018-2027 (%)
Figure 7 Biological: Global Miticides Market Value, 2018-2027 (US$ Million)
Figure 8 Chemical: Global Miticides Market Value, 2018-2027 (US$ Million)
Figure 9 Global Miticides Market Y-o-Y Growth, By Crop Type, 2018-2027 (%)
Figure 10 Fruit and Vegetables: Global Miticides Market Value, 2018-2027 (US$ Million)
Figure 11 kinds of cereal and Grains: Global Miticides Market Value, 2018-2027 (US$ Million)
Figure 12 Oilseeds and Pulses: Global Miticides Market Value, 2018-2027 (US$ Million)
Figure 13 Others: Global Miticides Market Value, 2018-2027 (US$ Million)
Figure 14 Global Miticides Market Y-o-Y Growth, By Application, 2018-2027 (%)
Figure 15 Foliar Spray: Global Miticides Market Value, 2018-2027 (US$ Million)
Figure 16 Soil Treatment: Global Miticides Market Value, 2018-2027 (US$ Million)
Figure 17 Global Miticides Market Y-o-Y Growth, By Region, 2018-2027 (%)
Figure 18 North America Miticides Market Value, 2018-2027 (US$ Million)
Figure 19 North America Miticides Market Share, By Source, 2019 & 2027 (%)
Figure 20 North America Miticides Market Share, By Crop Type, 2019 & 2027 (%)
Figure 21 North America Miticides Market Share, By Application, 2019 & 2027 (%)
Figure 22 North America Miticides Market Share, By Country, 2019 & 2027 (%)
Figure 23 South America Miticides Market Value, 2018-2027 (US$ Million)
Figure 24 South America Miticides Market Share, By Source, 2019 & 2027 (%)
Figure 25 South America Miticides Market Share, By Crop Type, 2019 & 2027 (%)
Figure 26 South America Miticides Market Share, By Application, 2019 & 2027 (%)
Figure 27 South America Miticides Market Share, By Country, 2019 & 2027 (%)
Figure 28 Europe Miticides Market Value, 2018-2027 (US$ Million)
Figure 29 Europe Miticides Market Share, By Source, 2019 & 2027 (%)
Figure 30 Europe Miticides Market Share, By Crop Type, 2019 & 2027 (%)
Figure 31 Europe Miticides Market Share, By Application, 2019 & 2027 (%)
Figure 32 Europe Miticides Market Share, By Country, 2019 & 2027 (%)
Figure 33 Asia-Pacific Miticides Market Value, 2018-2027 (US$ Million)
Figure 34 Asia-Pacific Miticides Market Share, By Source, 2019 & 2027 (%)
Figure 35 Asia-Pacific Miticides Market Share, By Crop Type, 2019 & 2027 (%)
Figure 36 Asia-Pacific Miticides Market Share, By Application, 2019 & 2027 (%)
Figure 37 Asia-Pacific Miticides Market Share, By Country, 2019 & 2027 (%)
Figure 38 The Middle East & Africa Miticides Market Value, 2018-2027 (US$ Million)
Figure 39 The Middle East & Africa Miticides Market Share, By Source, 2019 & 2027 (%)
Figure 40 The Middle East & Africa Miticides Market Share, By Crop Type, 2019 & 2027 (%)
Figure 41 The Middle East & Africa Miticides Market Share, By Application, 2019 & 2027 (%)
Figure 42 The Middle East & Africa Miticides Market Share, By Country, 2019 & 2027 (%)
Figure 43 BASF SE: Financials
Figure 44 Bayer AG: Financials
Figure 45 Syngenta: Financials
Figure 46 Nihon Nohyaku Co., Ltd.: Financials
Figure 47 Gowan Company, LLC: Financials
Figure 48 DuPont: Financials
Figure 49 ADAMA: Financials
Figure 50 Arysta Lifescience: Financials
Figure 51 FMC Corporation: Financials 
Figure 52 Shanghai Sinogreatland Industrial Co., Ltd.: Financials 
Figure 53 Shijiazhuang Ageruo-Biotech Co., Ltd.: Financials 
Figure 54 Wuhan UNIOASIS Biological Technology Co., Ltd.: Financials
Figure 55 Shenzhen Horizon Industry Co., Ltd.: Financials

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