Interest in DIY Boosts Sales for the U.S. Consumer Pesticides and Fertilizers Market

When consumers encountered problems with rodents or insects in their homes and gardens in the past, their first thought was to contact the local pest controller or garden service. But over time, with greater retail product availability, consumers have made the switch to conducting treatments at home by themselves. This allows for quicker, easier treatments and, most importantly, greater savings for consumers who don’t have to worry about labor costs. In 2019, sales for consumer pesticides and fertilizers were estimated at almost USD 6 billion, an increase of nearly a billion dollars in three years, as reported in Kline’s Consumer Pesticides and Fertilizers Market: U.S. Market Analysis and Opportunities.

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Leading Distributors to Face a Challenging Road Ahead

Crop protection distributor sales volumes in 2019 are estimated to be down by approximately 3.8%, with margins down by about 1%. Volumes are based on the cost of sales level and percent change compared to estimated 2018 sales. Wet weather in much of the row crop markets resulted in nearly 6% less planted acres, or 15.8 million fewer acres treated. Factors that drove the 2019 crop protection market at the distributor level include the trade war with China, which impacted commodity prices and influenced farmer selection of crops to plant; new technology that influences seed selection; and a decrease of major planted crop acreage.

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Deciphering the Short- and Long-Term Impacts of COVID-19 on the Agricultural Industry

“These are crazy times!” This is the most common response given by everyone in the agricultural supply chain when asked for opinions on the impact of the COVID-19 pandemic. The easy-to-spread virus has changed the working conditions for many different industries, and the agricultural industry is no different. Increased food demand, especially in grain and cereal products, highlighted the importance of a good agricultural supply. Now, more than ever it is clear that Agriculture is an essential industry.

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Key Growth Forces for the Latin America Biopesticides Market: An Outlook to 2024

The development of biological technologies for pest control in Latin American markets has been growing at an impressive rate over the last few years. As demand for healthier foods increases, so does organic farming, and the government actively supports the use of biological pesticides by purchasing from suppliers and selling to farmers at a lower price. On a global scale, the United States remains the leading participant in the global biopesticide market, with 35% of total sales, being followed by China at a distance with just over 11%. Argentina, Brazil, Chile, and Mexico are enjoying a steady growth rate, reaching ranges of between 2% and 3% of total global sales. Overall, the global biopesticides market is projected to grow at a CAGR of just under 10% over the next five years, reaching nearly USD 3 billion by 2024. However, the COVID-19 outbreak is a new potential source of volatility and a threat to the macroeconomic stability of Latin America and the Caribbean, but it is still too early to fully understand its impact on growth in these countries.

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Biopesticides Market in Italy Set For Rapid Rate Growth in the Next 10 Years

The Italian market of biological pesticides was estimated at approximately USD 160 million in 2019. The industry continues its period of positive growth, with an expected rapid growth through to 2029. Besides seed treatment products, which are estimated to grow the fastest across all crop categories, non-crop for professional usage is forecast to grow at double-digit rates, driven by increasing demand for biopesticides to treat turfs in public and private areas. Continue reading

Mosquito control market active ingredients

Dengue Outbreak in Southeast Asia Set to Increase Mosquito Control Insecticide Sales

Mosquitoes are notorious for being a nuisance pest generally during the summer season. However, control of mosquitoes extends beyond just personal care, and is an integral aspect of global public health safety, as these small insects are vectors of many deadly diseases. The 2015 outbreak of the Zika virus in South America, Central America, and the United States galvanized countries to increase vector control measures to quickly reduce mosquito populations. In 2019, another disease outbreak is anticipated, as many Southeast Asian countries have reported a higher incidence of Dengue fever. India, Thailand, Malaysia, and Indonesia are all increasing protection measures. Insecticide sales for mosquito control are evaluated to be USD 200 million from seven major countries, including these four in Southeast Asia, as profiled in Kline’s just published Mosquito Control study.  To learn about key marketing insights, REGISTER for our complimentary webinar, taking place on October 30, 2019.Continue reading

Relieving Vector-Borne Diseases, Mosquito Control Insecticides Sales Increase at a CAGR of 5.6% in India

India’s population suffers from a significant death rate, partly because of vector-borne diseases transmitted by mosquitoes. Infectious diseases like malaria, filariasis, kala-azar, Japanese encephalitis, chikungunya, and dengue are present in the country. According to WHO’s World Malaria report, India accounts for 4% of the global malaria burden in 2017. To prevent the proliferation of mosquito-borne diseases and to improve the quality of public health, mosquito control is essential in the country.Continue reading

What Drives a Triple-Digit Growth of the Nematicides Market in China?

The nematicides market in China registers a triple-digit growth in 2018 from 2016. This exceptional growth is primarily driven by an increased demand for nematicides, which is the result of the growing awareness of nematode issues among peasants in China. Moreover, this growth is supported by a pesticide management policy issued in 2017 which is beneficial to the legitimate nematicides companies and drives the price increase of the pesticides that offer good quality, such as the low-toxic and environmentally friendly nematicides.Continue reading