- Miticides are chemical pesticides that are specifically manufactured to kill rodents, mice and ticks. Also known as acaricide, miticides are utilised in a wide range of applications such as soil treatment and foliar spray.
- Growing public and private expenditure for agro- genomics research capacities, rising production of cereals and food grains, and increased adoption of integrated pest management (IPM) especially in the developing economies will emerge as the major factors fostering the growth of the market.
- Asia-Pacific is expected to dominate the Global Miticides Market with a 35% share, driven by rapid urbanization, rising disposable incomes, and growing demand for processed, convenience, and clean-label food products across emerging economies.
- North America is forecasted to be the fastest-growing region with a CAGR of 5.1%, driven by consumer demand for clean-label, functional food products, and innovations in miticide blends enhancing food stability.
- Fruits and vegetables dominate the miticides market with a 46% share due to their high susceptibility to mite infestations, strict export quality standards, intensive pest management needs, and growing global demand for fresh, high-quality horticultural produce, especially in Asia-Pacific and Latin American regions.
