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  • Agricultural Miticide market To Reach US$ 3.1 Billion By 2028; The advent of biological miticides have driven the market.

Agricultural Miticide market To Reach US$ 3.1 Billion By 2028; The advent of biological miticides have driven the market.

“Agricultural Miticide market, Size, Share, Opportunities analysis, By Crop type (Fruits & Vegetables, Cereals & Grains, Oilseeds & Pulses, Others), By Formulation (Liquid, Dry), By Source (Chemical, Biological), and By Region regional forecast, 2020-2028.”

The global Agricultural Miticide market is anticipated to expand at a CAGR of 6.52 % between 2020 and 2027 and earn around US$ 3.1 billion by 2028. The increase in the incidences of insect attack and crop damages, coupled with the surge in farming activities around the world have driven the market

The increased awareness to improve the yield, and increase in the rate of consumption of vegetables, fruits etc. have positively impacted the market growth

Key trends of global Agricultural Miticide market

  • Asia Pacific have held the majority of the share in the regional market owing to the growth in the agricultural activities in the countries like China, India, Indonesia, and the Philippines.
  • North America have held a remarkable share in the regional market due to the availability of technologically advanced products, and rise in the agricultural expenditure in the region.
  • Among Crop type, Fruits & vegetable segment is held the highest share in the market owing to the increased demand for Fruits & vegetables around the world.
  • Based on the Formulation, liquid segment has held the lucrative growth as liquid miticides are easy for application on crops.
  • Based on Source, Chemical source segment has obtained the lucrative share due to the easy availability of chemical mitcicides.

The vendor landscape of the global Agricultural Miticide market is expected to stay moderately fragmented as a number of players are competing against each other. New Product Launches, making advances in the product, and acquisition are the key strategies of the competitors. BASF SE, FMC Corporation, Gowan Company, Valent BioSciences, OHP, Inc., Certis USA, Meerut Agro Chemical Industries Ltd., Osho Chemical Industries Limited, Crop Care Pesticides (India) Pvt. Ltd., and Zhejiang Well-done Chemical Co. Ltd., are key players of the global Agricultural Miticide market.

Table of Segmentation:

Study Period   2019-2028
Unit   Value (USD Billion)
Market scope By Crop Type

·       Fruits & Vegetables

·       Cereals & Grains

·       Oilseeds & Pulses

·       Others

By Formulation

·       Liquid

·       Dry

By Source

·       Chemical

·       Biological

By Region

·       North America (U.S., Canada, and Mexico)

·       Europe (U.K., France, Italy, Spain, Germany, Russia, and the Rest of Europe)

·       Asia-Pacific (China, India, Japan, Australia, and the Rest of Asia- Pacific)

·       South America, Middle East & Africa (Brazil, South Africa, UAE, and the Rest of the region)