The global acaricides market is expected to grow in the forecast period of 2025-2034 at a CAGR of 5.00%.
The Asia-Pacific region is one of the flourishing markets for acaricides. This is due to the expansion of agriculture and animal husbandry and the wide application in domestic spaces. Countries such as China, Indonesia, Japan, India, and South Korea are rapidly increasing the use of acaricides, further offering high growth opportunities to the market. Moreover, variant mutilated species found in these regions are further boosting the market. The rise of the crop protection industry is rising significantly in North America due to advances in farming practices and technology; this is also boosting the market growth for acaricides.
The rapid urbanisation has not only reduced the availability of arable land but also increased the market for several organic food products. As the population in several countries such as India and China grow almost exponentially, the crop protection market witnesses an upsurge in order to meet the demand for food across the globe. The Food and Agricultural Organisation (FAO) also reiterated that the effective control of diseases and the prevention of their spread were essential in improving agriculture and in increasing production. Additionally, major technological and scientific advances in the pesticides market are also contributing to the market growth for acaricides.
The Asia-Pacific Region to Emerge as a Major Market of Acaricides
The rise of the population across the world has been significant to major developments and innovations and has increased the demand for food and high yield of crops in smaller areas. It has also led to a surge in the agricultural sector due to increasing food demand. Crop protection, enhancement and increased productivity are the key focus of the agricultural industry. As a result, there has been an increase in the use of fertilisers and pesticides. Acaricides are significant as they kill the ticks and mites and keep the animals and crops healthy and disease free. Mites are one of the most significant invertebrate organisms that usually feed on plants and animals. They attack several crops such as canola, pulses, and legumes, among others and can cause distorted leaves and cracked stems. Acaricides not only kill mites but also prevents the plants from various communicable diseases; their function has significantly aided the market growth.The Asia-Pacific region is one of the flourishing markets for acaricides. This is due to the expansion of agriculture and animal husbandry and the wide application in domestic spaces. Countries such as China, Indonesia, Japan, India, and South Korea are rapidly increasing the use of acaricides, further offering high growth opportunities to the market. Moreover, variant mutilated species found in these regions are further boosting the market. The rise of the crop protection industry is rising significantly in North America due to advances in farming practices and technology; this is also boosting the market growth for acaricides.
Acaricides: Market Segmentation
Acaricides are pesticides and includes antibiotic acaricides, carbamate acaricides, and formamidine acaricides, among others. They kill ticks and mites and provide economic control of pests. They are used to control the spread of arthropod pests, which results in huge damages to the industry.The major chemical types of acaricides are:
- Organophosphates
- Carbamates
- Organochlorines
- Pyrethrins
- Pyrethroids
- Others
The market can be broadly categorised on the basis of its mode of action into:
- Spray
- Dipping
- Hand Dressing
- Others
Based on the applications, the market can be segmented into:
- Agriculture
- Animal Husbandry
- Industrial
- Others
Market Breakup by Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Increasing Demand for Organic Food to Bolster the Market Growth
The growth of the organic food industry due to the increasing health consciousness and awareness about rapid climate change is accelerating the market growth. Moreover, various companies are focusing on research and development (R&D) as well as launching new innovative products for the industry growth. The rising demand for dairy products is also raising the market growth. The surging demand for sustainable developments further aids the industry growth. The United Nations also recommends sustainable agriculture and increasing productivity to combat major issues such as global poverty. The development of a resilient agriculture sector is also driving the growth of the industry.The rapid urbanisation has not only reduced the availability of arable land but also increased the market for several organic food products. As the population in several countries such as India and China grow almost exponentially, the crop protection market witnesses an upsurge in order to meet the demand for food across the globe. The Food and Agricultural Organisation (FAO) also reiterated that the effective control of diseases and the prevention of their spread were essential in improving agriculture and in increasing production. Additionally, major technological and scientific advances in the pesticides market are also contributing to the market growth for acaricides.
Key Industry Players in the Global Acaricides Market
The report presents a detailed analysis of the following key players in the global acaricides market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:- Syngenta Crop Protection AG
- Bayer AG
- UPL Europe Limited
- Corteva Agriscience
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Acaricides Market Analysis
6 North America Acaricides Market Analysis
7 Europe Acaricides Market Analysis
8 Asia-Pacific Acaricides Market Analysis
9 Latin America Acaricides Market Analysis
10 Middle East and Africa Acaricides Market Analysis
11 Market Dynamics
13 Price Analysis
14 Competitive Landscape
Companies Mentioned
The key companies featured in this Acaricides market report include:- Syngenta Crop Protection AG
- Bayer AG
- UPL Europe Limited
- Corteva Agriscience