Global Miticides for Fruits and Vegetables Market Size, Trends, and Growth Opportunity, By Source (Chemical, Biological), Formulation (Dry, Liquid), Crop Type (Berries, Pome Fruits, Citrus Fruits, Root, and Tuber Vegetables, Others), Mode of Application (Foliar Spray, Soil Treatment, Others) By Region and forecast till 2030.
Global Miticides for Fruits and Vegetable Market
Global Miticides for Fruits and Vegetables Market was valued at USD 8.14 billion in 2022 and is slated to reach USD 12.32 billion by 2030 at a CAGR of 5.42 % from 2023-2030.
Any chemical substance used to control mites or ticks, particularly those species that harm ornamental or food plants, is known as a miticide. Miticides like azobenzene, over, dicofol, and tetradifon are frequently used. Various miticides kill adult animals as well as eggs and larval stages. Acaricide is another name for miticides.
Market Drivers
Growing demand for liquid formulation-based miticides is anticipated during the forecast period due to the widespread use of these products in the production of fruits and vegetables. Due to the smaller particle size, the liquid form is simple to transport, handle, and store while still being highly effective. As a result, the market expansion is anticipated to pick up during the forecast period. The application of miticides directly to fruit and vegetable crops that are afflicted by ticks and mites is effective when done using the foliar spray technique. Because of their rapid growth and difficulty in detection, mites are among the pests that are most difficult to eradicate. When miticides are applied to crops via foliar spray, they stunt the mites' growth and obliterate their immune system. Miticides that come into direct contact with mites quickly kill them. Thus, it is anticipated that the growing use of the foliar spray technique will fuel market expansion.
Market Restraints
By eliminating mites and ticks, miticides are frequently used to increase the productivity of fruit and vegetable crops, but their detrimental effects on human health are limiting market expansion. Numerous illnesses, including atherosclerosis, inflammation, anxiety, metabolic syndrome, malnutrition, memory loss, cancer, weakness, and kidney failure, can be brought on by miticide exposure. Government policies on the use of organophosphate compounds, such as the National Mission of Sustainable Agriculture (NMSA), Paramparagat Krishi Vikas Yojana (PKVY), and National Project on Organic Farming (NPOF), are preventing the market for miticides from expanding.
Impact of COVID-19
There is no question that, in addition to harming public health, the coronavirus and the blockade that was implemented as of March 2020 to stop its spread had a significant negative economic impact on all facets of the economy. Farmers' markets are no exception. Food markets have been significantly impacted by the spread of the novel coronavirus disease, even though food is a commodity that, in theory, is not subject to movement restrictions. Supply and call shocks were how the impact was felt. The closure of hotels, restaurants, and other businesses added to the employment and income shocks that caused a significant drop in calls. The rise of online transactions and home delivery services, which have displaced in-person purchases and dining establishments, has also changed the way that consumers buy products. Distributors and producers are compelled to switch from restaurant to retail channels for their products. There are labor and logistical restrictions on the supply side and throughout the value chain.
Recent Developments
Farmers may suffer significant losses as a result of mite infestations, but different products are required to manage these pests at different stages of their life cycles. A Japanese miticide product is introduced by Insecticides India.
One of India's leading agrochemical formulation companies, Dhanuka Agritech, announced new pesticides for rice, cotton, and chili crops in Ludhiana.
Market Segmentation
Global Miticides for Fruits and Vegetables Market is segmented By Source, Formulation, Crop Type, and Mode of Application. By Sources such as Chemical, Biological. By Formulation such as Dry, Liquid. By Crop Types such as Berries, Pome Fruits, Citrus Fruits, Root and Tuber Vegetables, and Others. By Mode of Application such as Foliar Spray, Soil Treatment, and Others.
Regional Analysis
Global Miticides for Fruits and Vegetables Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Due to rising public awareness and rapid technological advancement in this region, Asia-Pacific dominates the market for miticides for fruits and vegetables in terms of revenue and market share. Due to rising food demand and the region's expanding agricultural sector, North America is anticipated to experience the fastest growth in the miticides for fruits and vegetable market during the forecast period of 2023–2030.
Key Players
This report includes a list of numerous Key Players, namely BASF SE (Germany), Bayer AG (Germany), Syngenta (Switzerland), Certis USA LLC (U.S.), Corteva (U.S.), ADAMA (Israel), Mantis Plant Protection (U.S.), Nissan Chemical Corporation (Japan), Gowan Company (U.S.), NIHON NOHYAKU CO., LTD (Japan).
Market Taxonomy
By Source
• Chemical
• Biological
By Crop Type
• Berries
• Pome Fruits
• Citrus Fruits
• Root and Tuber Vegetables
• Others
By Formulation
• Dry
• Liquid
By Mode of Application
• Foliar Spray
• Soil Treatment
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Miticides for Fruits and Vegetables Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Miticides for Fruits and Vegetables Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Miticides for Fruits and Vegetables Market, By Source
5.1 Y-o-Y Growth Comparison, By Source
5.2 Global Miticides for Fruits and Vegetables Market Share Analysis, By Source
5.3 Global Miticides for Fruits and Vegetables Market Size and Forecast, By Source
5.3.1 Chemical
5.3.2 Biological
6 Global Miticides for Fruits and Vegetables Market, By Crop Type
6.1 Y-o-Y Growth Comparison, By Crop Type
6.2 Global Miticides for Fruits and Vegetables Market Share Analysis, By Crop Type
6.3 Global Miticides for Fruits and Vegetables Market Size and Forecast, By Crop Type
6.3.1 Berries
6.3.2 Pome Fruits
6.3.3 Citrus Fruits
6.3.4 Root and Tuber Vegetables
6.3.5 Others
7 Global Miticides for Fruits and Vegetables Market, By Formulation
7.1 Y-o-Y Growth Comparison, By Formulation
7.2 Global Miticides for Fruits and Vegetables Market Share Analysis, By Formulation
7.3 Global Miticides for Fruits and Vegetables Market Size and Forecast, By Formulation
7.3.1 Dry
7.3.2 Liquid
8 Global Miticides for Fruits and Vegetables Market, By Mode of Application
8.1 Y-O-Y Growth Comparison, By Mode of Application
8.2 Global Miticides for Fruits and Vegetables Market Share Analysis, By Mode of Application
8.3 Global Miticides for Fruits and Vegetables Market Size and Forecast, By Mode of Application
8.3.1 Foliar Spray
8.3.2 Soil Treatment
8.3.3 Others
9 Global Miticides for Fruits and Vegetables Market, By Region
9.1 Global Miticides for Fruits and Vegetables Market Share Analysis, By Region
9.2 Global Miticides for Fruits and Vegetables Market Share Analysis, By Region
9.3 Global Miticides for Fruits and Vegetables Market Size and Forecast, By Region
10 North America Miticides for Fruits and Vegetables Market Analysis and Forecast (2022-2030)
10.1 Introduction
10.2 North America Miticides for Fruits and Vegetables Market Share Analysis, By Source
10.3 North America Miticides for Fruits and Vegetables Market Size and Forecast, By Crop Type
10.4 North America Miticides for Fruits and Vegetables Market Size and Forecast, By Formulation
10.5 North America Miticides for Fruits and Vegetables Market Size and Forecast, By Mode of Application
10.6 North America Miticides for Fruits and Vegetables Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Miticides for Fruits and Vegetables Market Analysis and Forecast (2022-2030)
11.1 Introduction
11.2 Europe Miticides for Fruits and Vegetables Market Share Analysis, By Source
11.3 Europe Miticides for Fruits and Vegetables Market Size and Forecast, By Crop Type
11.4 Europe Miticides for Fruits and Vegetables Market Size and Forecast, By Formulation
11.5 Europe Miticides for Fruits and Vegetables Market Size and Forecast, By Mode of Application
11.6 Europe Miticides for Fruits and Vegetables Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4. Rest of Europe
12Asia Pacific Miticides for Fruits and Vegetables Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Asia Pacific Miticides for Fruits and Vegetables Market Share Analysis, By Source
12.3 Asia Pacific Miticides for Fruits and Vegetables Market Size and Forecast, By Crop Type
12.4 Asia Pacific Miticides for Fruits and Vegetables Market Size and Forecast, By Formulation
12.5 Asia Pacific Miticides for Fruits and Vegetables Market Size and Forecast, By Mode of Application
12.6 Asia Pacific Miticides for Fruits and Vegetables Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13Latin America Miticides for Fruits and Vegetables Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Latin America Miticides for Fruits and Vegetables Market Share Analysis, By Source
13.3 Latin America Miticides for Fruits and Vegetables Market Size and Forecast, By Crop Type
13.4 Latin America Miticides for Fruits and Vegetables Market Size and Forecast, By Formulation
13.5 Latin America Miticides for Fruits and Vegetables Market Size and Forecast, By Mode of Application
14.6 Latin America Miticides for Fruits and Vegetables Market Size and Forecast, By Country
14.6.1. Brazil
14.6.2.Rest of Latin America
15Middle East Miticides for Fruits and Vegetables Market Analysis and Forecast (2022-2030)
15.1 Introduction
15.2 Middle East Miticides for Fruits and Vegetables Market Share Analysis, By Source
15.3 Middle East Miticides for Fruits and Vegetables Market Size and Forecast, By Crop Type
15.4 Middle East Miticides for Fruits and Vegetables Market Size and Forecast, By Formulation
15.5 Middle East Miticides for Fruits and Vegetables Market Size and Forecast, By Mode of Application
15.6 Middle East Miticides for Fruits and Vegetables Market Size and Forecast, By Country
15.6.1. Saudi Arabia
15.6.2. UAE
15.6.3. Egypt
15.6.4. Kuwait
15.6.5. South Africa
16Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17Company Profiles
17.1 BASF SE (Germany)
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2 Bayer AG (Germany)
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3 Syngenta (Switzerland)
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4 Certis USA LLC (U.S.)
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.5 Key Market Developments
17.4.6 Key Strategies
17.5 Corteva (U.S.)
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6 ADAMA (Israel)
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7 Mantis Plant Protection (U.S.)
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies
17.8 Nissan Chemical Corporation (Japan)
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies
17.9 Gowan Company (U.S.)
17.9.1 Overview
17.9.2 Offerings
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies
17.10 NIHON NOHYAKU CO., LTD (Japan).
17.10.1 Overview
17.10.2 Offerings
17.10.3 Key Financials
17.10.4 Business Segment & Geographic Overview
17.10.5 Key Market Developments
17.10.6 Key Strategies
