Global Miticides for Fruits and Vegetables Market – Industry Trends and Forecast to 2030

Global Miticides for Fruits and Vegetables Market, By Source (Chemical, Biological), Crop Type (Berries, Pome Fruits, Citrus Fruits, Root and Tuber Vegetables, Others), Formulation (Dry, Liquid), Mode of Application (Foliar Spray, Soil Treatment, Others) – Industry Trends and Forecast to 2030.

Miticides for Fruits and Vegetables Market Analysis and Size

The global miticides for fruits and vegetables market is expected to witness significant growth duing the forecast period due to increasing concerns over fruits and vegetables crop protection from the mites and pests. The increasing adoption of advanced farming practices and growing increasing awareness about modern techniques are anticipated to enhance growth of the miticides industry. Moreover, the innovations in miticides leading to cost-efficiency and usage on wide-ranging crop spectrum are projected to boost the growth of miticides market.

Data Bridge Market Research analyses that the miticides for fruits and vegetables market is expected to reach USD 11.91 billion by 2030, which is USD 7.94 billion in 2022, registering a CAGR of 5.20% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Miticides for Fruits and Vegetables Market Scope and Segmentation

Market Definition

Miticide is any chemical substance which is used to control mites or ticks especially those species which damage ornamental or food plants. Azobenzene, ovex, dicofol, and tetradifon are generally used miticides. Various miticides kill eggs and larval stages an also adult animals. Miticides is also well-known as acaricide.

Miticides for Fruits and Vegetables Market Dynamics

Drivers

• Rising usage of liquid formulation based miticides for fruits and vegetables

Liquid formulation based miticides is widely used for the production of fruits and vegetables which is expected to drive the market growth over the forecast period. Liquid form are easy to transport, handle, and store and provide high effectiveness because of smaller particle size. As a result of this, the growth of the market is expected to grow during the forecast period.

• Increasing usage of foliar spray technique

Foliar spray technique is an effective technique of applying miticides directly on the fruit and vegetable crop which is affected by ticks and mites. Mites are considered as one of the most problematic pests to control because they grow quickly and are very difficult to detect. Once miticides are sprayed by foliar spray onto the crops, they decrease the growth of the mites and also destroys their immune system. Direct contact of miticides with mites destroys them faster. Thus, increasing usage of foliar spray technique is expected to drive the market growth.

Opportunities

• Surging product launches by market players

The surging product launches and other innovations by key players is expected to offer numerous opportunities for the market growth. For instance, Kemin Crop Technologies has launched TetraCURB Organic In December 2018, which is a repellent and foliar spray miticide for use on all type of fruit and vegetable crops. TetraCURB Organic rapidly removes spider mites with numerous modes of action, which mainly contribute to the management of pesticide resistance growth.

• Growing government initiatives to expand agriculture sector

The government of many nations is spending heavily in agriculture sector because it is an effective method to promote agricultural productivity. For instance, as per the China’s Ministry of Agriculture, in 2016, over 1,300 Chinese enterprises overseas investments in forestry, agriculture, and fisheries valued at $26 billion.  Moreover, the governments of Canada and Ontario has invested up to $2.5 million in April 2020 for the development of the agri-food sector. Therefore, owing to the numerous government initiatives, agricultural production is growing in the various regions which will create lucrative opportunities for the growth of miticides for fruits and vegetables market.

Restraints/ Challenges

• Harmful effects of miticides on the human health

miticides are widely used to increase the  productivity of fruits and vegetables crops by removing mites and ticks, but its harmful effect on the human health which is restraining the market growth. Exposure to miticides may cause numerous diseases such as atherosclerosis, inflammation, anxiety, metabolic syndrome, malnutrition loss of memory, cancer, weakness, and kidney failure.

• Increasing adoption of organic farming

Government policies on the usage of organophosphate compounds such as National Mission of Sustainable Agriculture (NMSA), Paramparagat Krishi Vikas Yojana (PKVY) and National Project on Organic Farming (NPOF) for boosting organic farming which is hindering the growth of the miticides market.

This miticides for fruits and vegetables market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the miticides for fruits and vegetables market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Miticides for Fruits and Vegetables Market Scope

The miticides for fruits and vegetables market is segmented on the basis of source, crop type, formulation and mode of application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Source

• Chemical
• Biological

Crop Type

• Berries
• Pome Fruits
• Citrus Fruits
• Root and Tuber Vegetables
• Others

Formulation

• Dry
• Liquid

Mode of Application

• Foliar Spray
• Soil Treatment
• Others

Miticides for Fruits and Vegetables Market Regional Analysis/Insights

The miticides for fruits and vegetables market is analyzed and market size insights and trends are provided by country, source, crop type, formulation and mode of application as referenced above.

The countries covered in the miticides for fruits and vegetables market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Global (APAC) in the Global (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the miticides for fruits and vegetables market in terms of revenue and market share because of increasing awareness among the people coupled with increasing number of technological advancement in this region, 

North America is anticipated to be the fastest growing region in miticides for fruits and vegetables market during the forecast period of 2023-2030 owing to the increasing demand for food and expansion of the agricultural industry in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Miticides for Fruits and Vegetables Market Share Analysis

The miticides for fruits and vegetables market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to miticides for fruits and vegetables market.

Some of the major players operating in the miticides for fruits and vegetables market are:

• BASF SE (Germany)
• Bayer AG (Germany)
• Syngenta (Switzerland)
• Certis USA LLC (U.S.)
• Corteva (U.S.)
• ADAMA (Israel)
• FMC Corporation (U.S.)
• Valent Biosciences (U.S.)
• DuPont (U.S.)
• Dow (U.S.)
• Mantis Plant Protection (U.S.)
• Nissan Chemical Corporation (Japan)
• Gowan Company (U.S.)
• NIHON NOHYAKU CO.,LTD (Japan)
• Kemin Industries Inc. (U.S.)
• OHP Inc. (U.S.)