Agricultural Acaricides Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2024-2030

Report Code: AGR 80494 Report Format: PDF + Excel

Agricultural Acaricides Market Overview

Agricultural Acaricides Market is forecast to reach $340.9 million by 2030, after growing at a CAGR of 4.1% during 2024-2030. Acaricide or miticides are pesticides that help to maintain the health of the animals and crops and protect them from diseases across agriculture and animal husbandry. Globally, some of the key drivers of the rising demand for Acaricide are the need to feed an ever-growing population, declining arable land, and increasing demand for sustainable agricultural practices. Also, often the term ixodicides are referred to as Acaricide that are used against ticks. Furthermore, with the increasing agriculture productivity in various regions, the global Acaricide industry is anticipated to create new growth opportunities in the forecast period.

One of the primary drivers of the agricultural acaricides market is the growing global demand for food. As the world population continues to rise, there is a corresponding need to enhance agricultural productivity. Acaricides, which are chemicals used to control mites and ticks, play a crucial role in protecting crops and livestock from these pests, ensuring higher yields and better-quality produce. This demand is particularly strong in emerging economies where agriculture is a significant part of the economy.

Agricultural Acaricides Market Impact of Covid-19

The COVID-19 pandemic and the subsequent halt in manufacturing activities had impacted the supply availability of various pesticides in the year 2020. Furthermore, disruptions in trade had gravely affected the availability of Acaricide in import-dependent countries. Consequently, this led to a decline in the Agricultural Acaricides Market growth.

Report Coverage

The report: “Agricultural Acaricides Market Report – Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Agricultural Acaricides Market.

                                           

By Type: Organophosphorus Compounds, Carbamate, Arsenicals, Natural Sources, and Others
By Application: Crop Protection, Livestock Protection
By Form: Liquid, Solid, Aerosol
By Mode of Action: Contact Acaricides, Systemic Acaricides, Ingestive Acaricides
By Geography: North America (U.S, Canada, and Mexico), Europe (U.K., Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), APAC (China, Japan, India, South Korea, Australia, Taiwan, Indonesia, Malaysia, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa)

Key Takeaways

• The growing need to improve crop productivity and the growing crop protection industry will drive demand growth for the market for agricultural Acaricide over the forecast period.
• Mites are important pests in agriculture, not only because of the damage they cause to crops themselves but also because of their role as vectors of viral diseases. Acaricide are crop protection chemicals that are used to control mites.
• The advent of precision agriculture and smart farming technologies is revolutionizing the use of acaricides. Drones, sensors, and GPS-enabled equipment allow for precise application of acaricides, targeting only affected areas and reducing overall chemical usage.

Agricultural Acaricides Market Segment Analysis - By Type

Organophosphorus Compounds held the largest share in the Agricultural Acaricides Market in 2023. Organophosphorus compounds are organic compounds that contain phosphorus. They are primarily used in pest control as an alternative to chlorinated hydrocarbons that persist in the environment. Some of the organophosphorus compounds are highly effective insecticides. These chemicals account for a large proportion of all insecticides used in different countries, including those used in food crops. Organophosphate insecticides (such as diazinon) are one type of pesticide that works by damaging an enzyme called acetylcholinesterase in the body of the pest. This enzyme is critical for the control of nerve signals in the body, thus, damage to the enzyme kills the pests. Thus, due to such properties, the growing demand for Organophosphorus will raise the market demand for Acaricide in the forecast period.

Agricultural Acaricides Market Segment Analysis - By Application

In the livestock protection segment, the agricultural acaricides market is seeing significant advancements due to the rising awareness about animal health and productivity. There is an increasing shift towards integrated pest management (IPM) practices that combine chemical and biological acaricides to effectively control tick and mite infestations. Innovations in formulation technology, such as long-acting pour-on and injectable solutions, are enhancing the convenience and efficacy of treatments. Additionally, the trend towards sustainable and eco-friendly acaricides is gaining momentum, with the development of products that minimize residues in animal products and the environment. Regulatory changes and stringent safety standards are further driving the adoption of safer, more effective acaricides in the livestock sector.

Agricultural Acaricides Market Segment Analysis - By Mode of Action

Systemic acaricides are gaining popularity due to their ability to provide long-lasting protection against mites and ticks by being absorbed and circulated through the plant or animal’s system thus leading to the segment growing at 4.8% CAGR through 2030. Major trends in this segment include the development of novel active ingredients that enhance the efficacy and reduce resistance. Advances in delivery systems, such as slow-release formulations, are improving the durability and effectiveness of systemic acaricides. There is also a growing focus on selective toxicity to target pests while minimizing harm to beneficial organisms and the environment. Furthermore, the integration of systemic acaricides with digital farming technologies enables precise application, optimizing pest control and minimizing chemical use. 

Agricultural Acaricides Market Segment Analysis - By Geography

North America held the largest share in Agricultural Acaricides Market in 2023. The demand for Acaricide in the region is majorly driven by the growing demand for pesticides in emerging economies, like the U.S., Canada, and Mexico. The market in North America is growing at an impressive rate, especially in agriculture, due to the increasing usage of crop protection chemicals to control the spread of tick and mite-borne diseases. The development of the crop protection industry and the increase in demand for crops and animal feed are the key growth drivers of this sector. North America region is one of the largest consumers of Acaricide, in terms of volume. It is also one of the fastest-growing markets, with agriculture being one of the largest applications in terms of demand for Acaricide nationwide. The demand is therefore anticipated to increase in the forecast period because of these properties.

                                            
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Agricultural Acaricides Market Drivers

Need For Increasing Crop Productivity

Some of the main drivers of rising demand for Acaricide or miticides are the need to feed an ever-growing population, decreasing arable land, and increasing demand for sustainable agricultural practices. Over the next few years, crop production is likely to double in order to meet demand from the growing population, which in turn would increase the use of Acaricide. Certainly, it is expected that technology will play a major role in the production of Acaricide products. Increased urbanization and less access to arable land are motivating farmers to adopt effective techniques for protecting crops. Pesticides can have devastating results that can significantly reduce or even destroy future crops. Thus, farmers around the world are constantly using Acaricide as a control measure to eliminate unwanted impacts. According to the United Nations Food and Agriculture Organization, if farmers avoid adopting methods of crop defence, they will lose about 40 percent of the crop immediately because of pests and plant diseases. Thus, with the increasing crop productivity, it is necessary to protect the crops from such pests and plant diseases as well. Due to which the demand for Acaricide is estimated to rise in the forecast period.

Productive Farming Techniques

Modern agricultural techniques are being adopted by farmers worldwide to improve productivity per hectare, driving pesticide demand. Intensive farming is a method for intensifying and mechanizing agriculture aimed at optimizing yields from the land available by means such as heavy use of Acaricide or miticides. These strategies help to meet the increasing food demand from the rising population and to avoid food shortages. The market for Acaricide is driven by intensive agricultural techniques, such as monoculture. Monoculture is the practice of intensively growing one form of the crop over a wide area, depleting the soil's nutrients and making it highly dependent on pesticides such as Acaricide.

Agricultural Acaricides Market Challenges 

Various Effects of Acaricide will Affect the Market Growth

Unfortunately, when a pesticide such as an Acaricide is applied to the surface, it travels outside its intended area of use by air, soil, or water. This can contribute to decreased control of pests, surface water and groundwater pollution, and damage to non-target organisms, including humans. Acaricide may also cause adverse health effects, known as acute effects, in the short term, as well as chronic adverse effects that may occur months or years after exposure. Stinging eyes, blindness, blisters, nausea, rashes, dizziness, diarrhea, and death are all examples of acute health effects. The various harmful effects of Acaricide on humans and the environment will therefore further create obstacles for the Agricultural Acaricides Market growth.

Agricultural Acaricides Market Industry Outlook

Product launches, acquisitions and R&D activities are key strategies adopted by players in the Agricultural Acaricides Market. The key players in the Agricultural Acaricides Market include
  1. Bayer AG
  2. Syngenta
  3. BASF SE
  4. Corteva
  5. FMC Corporation
  6. UPL
  7. Nissan Chemical Industries Ltd.
  8. Adama Agricultural Solutions Ltd.
  9. Nufarm
  10. Indofil Industries Limited

Recent Developments

• In August 2023, Syngenta revolutionized the Agricultural Acaricides Market with VERDAVIS® and SPONTA®. These innovations, driven by PLINAZOLIN® Technology, promise efficient shock control for soybeans and corn and heightened control against pests in cotton. This recent breakthrough reshapes the Agricultural Acaricides Market, offering optimized operations and effective pest management.

For more Agriculture Market reports, please click here
1. Agricultural Acaricides Market - Market Overview
    1.1 Definitions and Scope
2. Agricultural Acaricides Market- Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key Trends by Type
    2.3 Key Trends by End-Use
    2.4 Key Trends by Geography
3. Agricultural Acaricides Market - Landscape
    3.1 Comparative analysis
        3.1.1 Market Share Analysis- Major Companies
        3.1.2 Product Benchmarking- Major Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Major Companies
        3.1.5 Pricing Analysis (ASPs will be provided)
4. Agricultural Acaricides Market - Startup companies Scenario Premium 
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Agricultural Acaricides Market – Industry Market Entry Scenario Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index 
    5.3 Successful Venture Profiles
    5.4 Customer Analysis - Major Companies
6. Agricultural Acaricides Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of substitutes
7. Agricultural Acaricides Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Product/Market life cycle
    7.4 Distributors Analysis - Major Companies
8. Agricultural Acaricides Market – By Type (Market Size -$Million)
    8.1 Organophosphorus Compounds
    8.2 Carbamate
    8.3 Arsenicals
    8.4 Natural Sources
    8.5 Others
9. Agricultural Acaricides Market – By Application (Market Size -$Million)
    9.1 Crop Protection
    9.2 Livestock Productivity
10. Agricultural Acaricides Market – By Mode of Action (Market Size -$Million)
    10.1 Contact Acaricides
    10.2 Systemic Acaricides
    10.3 Ingestive Acaricides
11. Agricultural Acaricides Market – By Form (Market Size -$Million)
    11.1 Liquid
    11.2 Solid
    11.3 Aerosol
12. Agricultural Acaricides Market - By Geography (Market Size -$Million)
    12.1 North America
        12.1.1 U.S.
        12.1.2 Canada
        12.1.3 Mexico
    12.2 South America
        12.2.1 Brazil
        12.2.2 Argentina
        12.2.3 Colombia
        12.2.4 Chile
        12.2.5 Rest of South America
    12.3 Europe
        12.3.1 U.K
        12.3.2 Germany
        12.3.3 Italy
        12.3.4 France
        12.3.5 Spain
        12.3.6 Netherlands
        12.3.7 Russia
        12.3.8 Belgium
        12.3.9 Rest of Europe
    13.4 Asia Pacific
        13.4.1 China
        13.4.2 India
        13.4.3 Japan
        13.4.4 South Korea
        13.4.5 Australia
        13.4.6 Taiwan
        13.4.7 Indonesia
        13.4.8 Malaysia
        13.4.9 Rest of Asia Pacific
    13.5 ROW
        13.5.1 Middle East
            13.5.1.1 Saudi Arabia
            13.5.1.2 UAE
            13.5.1.3 Israel
            13.5.1.4 Rest of Middle East
        13.5.2 Africa
            13.5.2.1 South Africa
            13.5.2.2 Nigeria
            13.5.2.3 Rest of South Africa
14. Agricultural Acaricides Market - Entropy
    14.1 New Product Launches
    14.2 M&A’s, Collaborations, JVs and Partnerships
15. Market Share Analysis Premium
    15.1 Market Share at Global Level- Major companies
    15.2 Market Share by Key Region- Major companies
    15.3 Market Share by Key Country- Major companies
    15.4 Market Share by Key Application - Major companies
    15.5 Market Share by Key Product Type/Product category- Major companies
16. Agricultural Acaricides Market - Key Company List by Country Premium
17. Agricultural Acaricides Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
    17.1 Bayer AG
    17.2 Syngenta
    17.3 BASF SE
    17.4 Corteva
    17.5 FMC Corporation
    17.6 UPL
    17.7 Nissan Chemical Industries Ltd.
    17.8 Adama Agricultural Solutions Ltd.
    17.9 Nufarm
    17.10 Indofil Industries Limited

"*Financials would be provided on a best-efforts basis for private companies"

LIST OF TABLES

1.Global Market Segmentation Market 2023-2030 ($M)
1.1 By Type Market 2023-2030 ($M) - Global Industry Research
1.1.1 Organophosphates Market 2023-2030 ($M)
1.1.2 Carbamates Market 2023-2030 ($M)
1.1.3 Organochlorines Market 2023-2030 ($M)
1.1.4 Pyrethrins Market 2023-2030 ($M)
1.1.5 Pyrethroids. Market 2023-2030 ($M)
1.2 By Application Market 2023-2030 ($M) - Global Industry Research
1.2.1 Spray Market 2023-2030 ($M)
1.2.2 Dipping Vat Market 2023-2030 ($M)
1.2.3 Hand dressing Market 2023-2030 ($M)
2.Global Competitive Landscape Market 2023-2030 ($M)
2.1 Most Adopted Strategies Market 2023-2030 ($M) - Global Industry Research
2.2 Most Active Companies Market 2023-2030 ($M) - Global Industry Research
3.Global Market Segmentation Market 2023-2030 (Volume/Units)
3.1 By Type Market 2023-2030 (Volume/Units) - Global Industry Research
3.1.1 Organophosphates Market 2023-2030 (Volume/Units)
3.1.2 Carbamates Market 2023-2030 (Volume/Units)
3.1.3 Organochlorines Market 2023-2030 (Volume/Units)
3.1.4 Pyrethrins Market 2023-2030 (Volume/Units)
3.1.5 Pyrethroids. Market 2023-2030 (Volume/Units)
3.2 By Application Market 2023-2030 (Volume/Units) - Global Industry Research
3.2.1 Spray Market 2023-2030 (Volume/Units)
3.2.2 Dipping Vat Market 2023-2030 (Volume/Units)
3.2.3 Hand dressing Market 2023-2030 (Volume/Units)
4.Global Competitive Landscape Market 2023-2030 (Volume/Units)
4.1 Most Adopted Strategies Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Most Active Companies Market 2023-2030 (Volume/Units) - Global Industry Research
5.North America Market Segmentation Market 2023-2030 ($M)
5.1 By Type Market 2023-2030 ($M) - Regional Industry Research
5.1.1 Organophosphates Market 2023-2030 ($M)
5.1.2 Carbamates Market 2023-2030 ($M)
5.1.3 Organochlorines Market 2023-2030 ($M)
5.1.4 Pyrethrins Market 2023-2030 ($M)
5.1.5 Pyrethroids. Market 2023-2030 ($M)
5.2 By Application Market 2023-2030 ($M) - Regional Industry Research
5.2.1 Spray Market 2023-2030 ($M)
5.2.2 Dipping Vat Market 2023-2030 ($M)
5.2.3 Hand dressing Market 2023-2030 ($M)
6.North America Competitive Landscape Market 2023-2030 ($M)
6.1 Most Adopted Strategies Market 2023-2030 ($M) - Regional Industry Research
6.2 Most Active Companies Market 2023-2030 ($M) - Regional Industry Research
7.South America Market Segmentation Market 2023-2030 ($M)
7.1 By Type Market 2023-2030 ($M) - Regional Industry Research
7.1.1 Organophosphates Market 2023-2030 ($M)
7.1.2 Carbamates Market 2023-2030 ($M)
7.1.3 Organochlorines Market 2023-2030 ($M)
7.1.4 Pyrethrins Market 2023-2030 ($M)
7.1.5 Pyrethroids. Market 2023-2030 ($M)
7.2 By Application Market 2023-2030 ($M) - Regional Industry Research
7.2.1 Spray Market 2023-2030 ($M)
7.2.2 Dipping Vat Market 2023-2030 ($M)
7.2.3 Hand dressing Market 2023-2030 ($M)
8.South America Competitive Landscape Market 2023-2030 ($M)
8.1 Most Adopted Strategies Market 2023-2030 ($M) - Regional Industry Research
8.2 Most Active Companies Market 2023-2030 ($M) - Regional Industry Research
9.Europe Market Segmentation Market 2023-2030 ($M)
9.1 By Type Market 2023-2030 ($M) - Regional Industry Research
9.1.1 Organophosphates Market 2023-2030 ($M)
9.1.2 Carbamates Market 2023-2030 ($M)
9.1.3 Organochlorines Market 2023-2030 ($M)
9.1.4 Pyrethrins Market 2023-2030 ($M)
9.1.5 Pyrethroids. Market 2023-2030 ($M)
9.2 By Application Market 2023-2030 ($M) - Regional Industry Research
9.2.1 Spray Market 2023-2030 ($M)
9.2.2 Dipping Vat Market 2023-2030 ($M)
9.2.3 Hand dressing Market 2023-2030 ($M)
10.Europe Competitive Landscape Market 2023-2030 ($M)
10.1 Most Adopted Strategies Market 2023-2030 ($M) - Regional Industry Research
10.2 Most Active Companies Market 2023-2030 ($M) - Regional Industry Research
11.APAC Market Segmentation Market 2023-2030 ($M)
11.1 By Type Market 2023-2030 ($M) - Regional Industry Research
11.1.1 Organophosphates Market 2023-2030 ($M)
11.1.2 Carbamates Market 2023-2030 ($M)
11.1.3 Organochlorines Market 2023-2030 ($M)
11.1.4 Pyrethrins Market 2023-2030 ($M)
11.1.5 Pyrethroids. Market 2023-2030 ($M)
11.2 By Application Market 2023-2030 ($M) - Regional Industry Research
11.2.1 Spray Market 2023-2030 ($M)
11.2.2 Dipping Vat Market 2023-2030 ($M)
11.2.3 Hand dressing Market 2023-2030 ($M)
12.APAC Competitive Landscape Market 2023-2030 ($M)
12.1 Most Adopted Strategies Market 2023-2030 ($M) - Regional Industry Research
12.2 Most Active Companies Market 2023-2030 ($M) - Regional Industry Research
13.MENA Market Segmentation Market 2023-2030 ($M)
13.1 By Type Market 2023-2030 ($M) - Regional Industry Research
13.1.1 Organophosphates Market 2023-2030 ($M)
13.1.2 Carbamates Market 2023-2030 ($M)
13.1.3 Organochlorines Market 2023-2030 ($M)
13.1.4 Pyrethrins Market 2023-2030 ($M)
13.1.5 Pyrethroids. Market 2023-2030 ($M)
13.2 By Application Market 2023-2030 ($M) - Regional Industry Research
13.2.1 Spray Market 2023-2030 ($M)
13.2.2 Dipping Vat Market 2023-2030 ($M)
13.2.3 Hand dressing Market 2023-2030 ($M)
14.MENA Competitive Landscape Market 2023-2030 ($M)
14.1 Most Adopted Strategies Market 2023-2030 ($M) - Regional Industry Research
14.2 Most Active Companies Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Agricultural Acaricides Market Revenue, 2023-2030 ($M)
2.Canada Agricultural Acaricides Market Revenue, 2023-2030 ($M)
3.Mexico Agricultural Acaricides Market Revenue, 2023-2030 ($M)
4.Brazil Agricultural Acaricides Market Revenue, 2023-2030 ($M)
5.Argentina Agricultural Acaricides Market Revenue, 2023-2030 ($M)
6.Peru Agricultural Acaricides Market Revenue, 2023-2030 ($M)
7.Colombia Agricultural Acaricides Market Revenue, 2023-2030 ($M)
8.Chile Agricultural Acaricides Market Revenue, 2023-2030 ($M)
9.Rest of South America Agricultural Acaricides Market Revenue, 2023-2030 ($M)
10.UK Agricultural Acaricides Market Revenue, 2023-2030 ($M)
11.Germany Agricultural Acaricides Market Revenue, 2023-2030 ($M)
12.France Agricultural Acaricides Market Revenue, 2023-2030 ($M)
13.Italy Agricultural Acaricides Market Revenue, 2023-2030 ($M)
14.Spain Agricultural Acaricides Market Revenue, 2023-2030 ($M)
15.Rest of Europe Agricultural Acaricides Market Revenue, 2023-2030 ($M)
16.China Agricultural Acaricides Market Revenue, 2023-2030 ($M)
17.India Agricultural Acaricides Market Revenue, 2023-2030 ($M)
18.Japan Agricultural Acaricides Market Revenue, 2023-2030 ($M)
19.South Korea Agricultural Acaricides Market Revenue, 2023-2030 ($M)
20.South Africa Agricultural Acaricides Market Revenue, 2023-2030 ($M)
21.North America Agricultural Acaricides By Application
22.South America Agricultural Acaricides By Application
23.Europe Agricultural Acaricides By Application
24.APAC Agricultural Acaricides By Application
25.MENA Agricultural Acaricides By Application
26.Arysta Life Science, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Bayer AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Dow AgroSciences, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Nissan Chemical Industries Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Syngenta AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Indofil Industrie Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)