According to the research report “Botanical Pesticides Market: By Active Substance (Nicotine, Pyrethrin, Rotenone, Matrine, Azadirachtin); By Crop Type (Vegetables & Fruits, Oilseeds & Pulses, Turfs & Ornamentals); By Type (Insecticides, Herbicides, Fungicides) & By Geography – Forecast (2016-2021)”, published by IndustryARC, estimates rapid gain due to increasing demand for a crop for forecast of 2021.
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Botanical pesticides are naturally occurring chemicals extracted or derived from plants or minerals. These pesticides are also called natural insecticides. The crop growers use organic pesticides in some cases, over synthetic organic materials.
Growing crops need lots of patience and hard work. Plant pest protection is an essential issue for the agro community, important in the protection against predators and microbial pathogens and interactions of plants with other organisms. Botanical pesticides in agriculture segment are a part of broader biological crop protection market. The insecticides are natural composites with insecticidal possessions and their use in crop defense is as old as agricultural practice. Although the study states they have been in use for over hundred years, the dawn of pesticides has unfortunately displaced their use today.
Scope & Regional Forecast of the Botanical Pesticides Market
Fast action, low cost, easy application and efficiency against a wide range of harmful species, synthetic insecticides have become an important part of pest management in modern agriculture systems. However, after few decades, there were some kind of negative side effects were found such as toxicity to human and animals, environmental contamination, and toxicity to non-target insects had become apparent and interest in less hazardous alternatives of pest control. The organic plant pest control organization took further steps in remaking it, adding new properties in organic insecticides that would cause no harm to humans.
Plant species with known insecticidal actions are being promoted and research is being conducted to find new find new sources of botanical insecticides. The most important botanical insecticides are pyrethrin, Azardirachtin, Matrine, Rotenone, Nicotine and Others. These extracts are essentially based for oils, rotenone, quassia, ryania and sabadilla. They have various chemical properties and modes of action. However, some of the general characteristics include fast degradation in sunlight, air and moisture, and selectivity to non-target insects.
Botanical Pesticides Market management is growing in economic and ecological worldwide due to human and environmental needs. Identification of new effective insecticidal compounds is essential to combat increasing resistance rates. Botanical pesticides have long been touted as attractive alternatives to biological pesticides for pest management because botanicals reputedly pose environmentally sustainable agrochemicals and rise in Integrated Pest Management (IPM) practices. North America and Europe have been dominating end users due to the growing inclination towards organic farming and strengthening IPM practices in agriculture community.
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Segmentations & Key Players Involved in the Botanical Pesticides Market
The Botanical Pesticides Market can be broken down into various segmentations on the basis of –
Type: Insecticides, Herbicides, Fungicides and Others
Active Substance: Azardirachtin, Matrine, Pyrethrins, Rotenone, Nicotine and Others
Crop Type: Vegetables & Fruits, Oilseeds & Pulses, Cereals & Grains, Turfs & Ornamentals and Others
Geography: North America, Europe, Asia-Pacific and Rest of the World
Some of the key players involved in the Botanical Pesticides Market are as follows:
BASF SE (Germany)
Bayer CropScience AG (Switzerland)
DOW Chemical Company (Brazil)
Monsanto Company (U.S.)
Isagro SPA (Italy)
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* The overall market has been consolidated from the perspective of different geographic locations and key economies for this market.
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* The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.
* The study includes the demand of this particular market on a global and regional scale for a five year period of 2016 – 2021, to assess how the market will develop.
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