Market Overview:
The global microencapsulated pesticide market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for microencapsulated pesticides in agricultural and non-agricultural applications. In terms of type, the herbicides segment is projected to lead the global microencapsulated pesticide market during the forecast period. This can be attributed to factors such as rising demand for food security and increase in awareness about benefits of using herbicides over other types of pesticides.
Product Definition:
A pesticide that is encapsulated in a material that prevents it from being released until it reaches the target pest. Microencapsulation can prolong the effectiveness of a pesticide and help protect non-target organisms.
By Type:
By type, it's usage and growth factor in microencapsulated pesticide market is classified into Powder Type, Liquid Type and Solid Type. By application the market is segmented into Field Crops & Turf (FCT), Pest Control & Vermin Protection (PCV) and Woodland & Forest (WFT). By geography it's divided in five regions namely Asia Pacific, North America, Europe, Middle East Africa.
Herbicides:
Herbicides are chemicals used to kill unwanted plants. They can be selective or non-selective, depending on the type of plant they are intended for. Herbicides can be classified as contact, systemic and non-systemic herbicides. Contact herbicides get absorbed into the leaves and stem tissues of a plant and damage the ability of that particular part of the plant to carry out photosynthesis; thus ultimately killing it.
Application Insights:
The agricultural application segment led the global microencapsulated pesticide market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The use of microencapsulated pesticides in agriculture has been gaining traction owing to their ability to provide targeted pest control with higher efficacy, less labor, and reduced environmental impact as compared to conventional methods such as tillage or non-targeted spray techniques.
Microencapsulation is considered an advanced form of delivery system for pesticides that meets the specific needs of plants without exposing them directly to toxicants. It offers several advantages including targeted delivery into plant tissues, protection from external influences such as temperature & light which increases stability & shelf life along with ease in handling & application due to its smaller size. These advantages are likely drive their demand in agricultural applications over other segments during the forecast period.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a revenue share of over 35%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing demand from developing countries such as India, China, and Japan. Asia Pacific is also anticipated to register significant growth owing to rising product demand from end-use industries such as pharmaceuticals, food & beverages, and others.
The agriculture sector in Europe plays an important role in shaping economic development through various macroeconomic channels including trade balance with other regions along with domestic income generation through farming activities. However, challenges faced by European farmers including low productivity due to adverse weather conditions are likely hampering the industry growth at a national level thus affecting overall regional market performance during the forecast period.
Growth Factors:
- Increasing demand for organic food products: The global market for organic food is projected to grow at a CAGR of more than 14% from 2016 to 2021. This growth is driven by the increasing awareness about the benefits of organic food, such as its nutritional value, environmental sustainability, and health benefits.
- Rising demand for convenience foods: The growing trend of busy lifestyles has led to an increase in demand for convenience foods. Microencapsulated pesticides offer an easy and convenient way to protect crops from pests without having any negative impact on human health or the environment.
- Growing population and rising income levels in developing countries: The global population is expected to reach 9 billion by 2050, creating increased demand for food products. Additionally, rising income levels in developing countries are leading to an increase in consumption of processed foods, which drives the need for microencapsulated pesticides.
- Stringent regulations on pesticide use: Stringent regulations on pesticide use are being implemented across various regions globally due to concerns about their harmful effects on human health and the environment . This is driving the need for safer alternatives such as microencapsulated pesticides .
Scope Of The Report
Report Attributes
Report Details
Report Title
Microencapsulated Pesticide Market Research Report
By Type
By Type, Herbicides, Insecticides, Fungicides, Rodenticides, Others, By Technology, Physical, Physico-chemical, Chemical
By Application
Agricultural, Non-agricultural
By Companies
BASF, Bayer AG, Monsanto, Syngenta, ADAMA, FMC Corporation, Arysta Lifescience, GAT Microencapsulation, Botanocap, Mclaughlin Gormley King Company, Belchim, Reed Pacific
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Microencapsulated Pesticide Market Report Segments:
The global Microencapsulated Pesticide market is segmented on the basis of:
Types
By Type, Herbicides, Insecticides, Fungicides, Rodenticides, Others, By Technology, Physical, Physico-chemical, Chemical
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agricultural, Non-agricultural
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Bayer AG
- Monsanto
- Syngenta
- ADAMA
- FMC Corporation
- Arysta Lifescience
- GAT Microencapsulation
- Botanocap
- Mclaughlin Gormley King Company
- Belchim
- Reed Pacific
Highlights of The Microencapsulated Pesticide Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- By Type
- Herbicides
- Insecticides
- Fungicides
- Rodenticides
- Others
- By Technology
- Physical
- Physico-chemical
- Chemical
- By Application:
- Agricultural
- Non-agricultural
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Microencapsulated Pesticide Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Microencapsulated pesticides are small, water-soluble pellets that are coated with a pesticide. When the pellets are sprayed on plants, the pesticide is released slowly over time. This allows the pellets to reach and kill pests more effectively than traditional sprays.
Some of the major players in the microencapsulated pesticide market are BASF, Bayer AG, Monsanto, Syngenta, ADAMA, FMC Corporation, Arysta Lifescience, GAT Microencapsulation, Botanocap, Mclaughlin Gormley King Company, Belchim, Reed Pacific.
The microencapsulated pesticide market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Microencapsulated Pesticide Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Microencapsulated Pesticide Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Microencapsulated Pesticide Market - Supply Chain
4.5. Global Microencapsulated Pesticide Market Forecast
4.5.1. Microencapsulated Pesticide Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Microencapsulated Pesticide Market Size (000 Units) and Y-o-Y Growth
4.5.3. Microencapsulated Pesticide Market Absolute $ Opportunity
5. Global Microencapsulated Pesticide Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Microencapsulated Pesticide Market Size and Volume Forecast by Type
5.3.1. By Type
5.3.2. Herbicides
5.3.3. Insecticides
5.3.4. Fungicides
5.3.5. Rodenticides
5.3.6. Others
5.3.7. By Technology
5.3.8. Physical
5.3.9. Physico-chemical
5.3.10. Chemical
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Microencapsulated Pesticide Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Microencapsulated Pesticide Market Size and Volume Forecast by Application
6.3.1. Agricultural
6.3.2. Non-agricultural
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Microencapsulated Pesticide Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Microencapsulated Pesticide Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Microencapsulated Pesticide Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Microencapsulated Pesticide Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Microencapsulated Pesticide Demand Share Forecast, 2019-2029
9. North America Microencapsulated Pesticide Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Microencapsulated Pesticide Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Microencapsulated Pesticide Market Size and Volume Forecast by Application
9.4.1. Agricultural
9.4.2. Non-agricultural
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Microencapsulated Pesticide Market Size and Volume Forecast by Type
9.7.1. By Type
9.7.2. Herbicides
9.7.3. Insecticides
9.7.4. Fungicides
9.7.5. Rodenticides
9.7.6. Others
9.7.7. By Technology
9.7.8. Physical
9.7.9. Physico-chemical
9.7.10. Chemical
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Microencapsulated Pesticide Demand Share Forecast, 2019-2029
10. Latin America Microencapsulated Pesticide Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Microencapsulated Pesticide Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Microencapsulated Pesticide Market Size and Volume Forecast by Application
10.4.1. Agricultural
10.4.2. Non-agricultural
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Microencapsulated Pesticide Market Size and Volume Forecast by Type
10.7.1. By Type
10.7.2. Herbicides
10.7.3. Insecticides
10.7.4. Fungicides
10.7.5. Rodenticides
10.7.6. Others
10.7.7. By Technology
10.7.8. Physical
10.7.9. Physico-chemical
10.7.10. Chemical
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Microencapsulated Pesticide Demand Share Forecast, 2019-2029
11. Europe Microencapsulated Pesticide Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Microencapsulated Pesticide Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Microencapsulated Pesticide Market Size and Volume Forecast by Application
11.4.1. Agricultural
11.4.2. Non-agricultural
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Microencapsulated Pesticide Market Size and Volume Forecast by Type
11.7.1. By Type
11.7.2. Herbicides
11.7.3. Insecticides
11.7.4. Fungicides
11.7.5. Rodenticides
11.7.. Others
11.7.7. By Technology
11.7.8. Physical
11.7.9. Physico-chemical
11.7.10. Chemical
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Microencapsulated Pesticide Demand Share, 2019-2029
12. Asia Pacific Microencapsulated Pesticide Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Microencapsulated Pesticide Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Microencapsulated Pesticide Market Size and Volume Forecast by Application
12.4.1. Agricultural
12.4.2. Non-agricultural
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Microencapsulated Pesticide Market Size and Volume Forecast by Type
12.7.1. By Type
12.7.2. Herbicides
12.7.3. Insecticides
12.7.4. Fungicides
12.7.5. Rodenticides
12.7.6. Others
12.7.7. By Technology
12.7.8. Physical
12.7.9. Physico-chemical
12.7.10. Chemical
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Microencapsulated Pesticide Demand Share, 2019-2029
13. Middle East & Africa Microencapsulated Pesticide Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Microencapsulated Pesticide Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Microencapsulated Pesticide Market Size and Volume Forecast by Application
13.4.1. Agricultural
13.4.2. Non-agricultural
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Microencapsulated Pesticide Market Size and Volume Forecast by Type
13.7.1. By Type
13.7.2. Herbicides
13.7.3. Insecticides
13.7.4. Fungicides
13.7.5. Rodenticides
13.7.6. Others
13.7.7. By Technology
13.7.8. Physical
13.7.9. Physico-chemical
13.7.10. Chemical
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Microencapsulated Pesticide Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Microencapsulated Pesticide Market: Market Share Analysis
14.2. Microencapsulated Pesticide Distributors and Customers
14.3. Microencapsulated Pesticide Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bayer AG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Monsanto
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Syngenta
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ADAMA
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. FMC Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Arysta Lifescience
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. GAT Microencapsulation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Botanocap
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mclaughlin Gormley King Company
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Belchim
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Reed Pacific
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
