Miticides For Fruits and Vegetables Market Anticipated to Undergo Strong Growth Through 2029
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What Is the Forecasted Market Size of the Miticides For Fruits and Vegetables Market by 2029?
The miticides for fruits and vegetables market size has grown steadily in recent years. It will grow from $1.08 billion in 2024 to $1.13 billion in 2025 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to growing awareness of environmental impact, integrated pest management (ipm) adoption, market demand for quality produce, advancements in crop protection techniques, global expansion of agriculture.
The miticides for fruits and vegetables market size is expected to see strong growth in the next few years. It will grow to $1.45 billion in 2029 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to climate change impact on pest dynamics, shift in consumer preferences, global expansion of agriculture, stringent regulatory requirements, rising pest resistance. Major trends in the forecast period include growing demand for organic produce, resurgence of integrated pest management (ipm), rise in global pest pressure, regulatory changes and compliance, focus on residue management.
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What Are the Key Growth Factors Supporting the Miticides For Fruits and Vegetables Market Expansion?
The increasing production of fruits and vegetables is expected to propel the growth of the miticides for fruits and vegetables market going forward. The production of fruits and vegetables refers to the process of growing and harvesting edible plants that are consumed for their nutritional and culinary value. The miticides for fruits and vegetables help in the production of fruits and vegetables by disrupting the nervous system or metabolism of mites and preventing them from feeding and reproducing. It is also used to prevent infections in all crops, including thrips, mites, and sucking bites. For instance, in February 2023, according to Statistics Canada, a Canada-based government agency commissioned with producing statistics, farm-gate sales of fruits and vegetables increased by 13.1% in 2022 to $3 billion from 2021 to 2022. Fruit and vegetable farm gate sales climbed by 15.3% and 11.2%, respectively, as all main commodities did as well. In 2022, the nation’s overall production of fruits and vegetables increased by 6.1% to 3.5 billion kg. Therefore, the increasing production of fruits and vegetables is driving the growth of the miticides for fruits and vegetables market.
Which Segment Holds the Largest Share in the Miticides For Fruits and Vegetables Market?
The miticides for fruits and vegetablesmarket covered in this report is segmented —
1) By Crop Type: Fruits And Vegetables, Cereals And Grains, Oilseeds And Pulses
2) By Form: Dry, Liquid
3) By Source: Biological, Chemical
4) By Mode of Application: Foliar Spray, Soil Treatment
Subsegments:
1) By Fruits And Vegetables: Apples, Grapes, Tomatoes, Potatoes, Citrus Fruits, Berries, Other Fruits And Vegetables
2) By Cereals And Grains: Wheat, Rice, Corn, Barley, Oats, Other Cereals And Grains
3) By Oilseeds And Pulses: Soybeans, Sunflower, Canola, Peas, Lentils, Other Oilseeds and Pulses
What Are the Key Industry Trends Transforming the Miticides For Fruits and Vegetables Market?
Technological advancements are a key trend gaining popularity in the miticides for fruits and vegetables market. Major companies operating in the miticides for fruits and vegetables market are adopting new technologies to sustain their position in the market. For instance, in March 2023, BASF SE, a Germany-based chemical manufacturing company launched Danisaraba miticide, an innovative new miticide to assist horticultural farmers with spider mite problems. This miticide is specifically designed for horticultural purposes and is effective against a wide variety of spider mite species. It is a miticide that has long-term effectiveness, a high level of control, and protects fruits and vegetables from two spot miticides. This miticide is effective for ornamental plants, citrus orchards, fruiting vegetables, strawberries, and grapevines.
Who Are the Leading Players in the Miticides For Fruits and Vegetables Market?
Major companies operating in the miticides for fruits and vegetables market include Farbenfabriken Bayer AG, Gowan India Private Limited, Nihon Nohyaku Co Ltd, Syngenta AG, Certis USA LLC, Corteva Inc., ADAMA Ltd., Food Machinery and Chemical Corporation, Valent Biosciences, DuPont Ltd., Dow Jones Industrial Average, Mantis Plant Protection, Nissan Chemical Corporation, Kemin Industries Inc, Olympic Horticultural Products, United Phosphorus Limited, Isagro S.p.A., Nufarm Ltd., Koppert Biological Systems, Arysta LifeScience Corporation, Cheminova A/S, Chemtura Corporation, Sumitomo Chemical Co. Ltd., Marrone Bio Innovations, Seipasa Ltd., Bioworks Inc., Stockton Group
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What Are the Regional Insights for the Miticides For Fruits and Vegetables Market Forecast?
Asia-Pacific was the largest region in the miticides for fruits and vegetable market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global miticides for fruits and vegetables market report during the forecast period. The regions covered in the miticides for fruits and vegetables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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