High demand for bio-pesticides and adoption of herbicide-resistant crop by farmers drives the Vegetable Pesticides Market

Future Market Insights

Vegetable pesticides are chemicals that are used to control, destroy, and prevent the growth of pests and unwanted plants. Herbicides, insecticides, and fungicides are collectively known as vegetable pesticides. Vegetable pesticides act as growth regulators in plants, defoliant for trees and plants, and desiccant for fleas. Additionally, they prevent thinning and premature falling of fruits. Vegetable pesticides are applied to vegetable before or after harvest to protect them from deterioration during storage and transport. Application of vegetable pesticides improves farm yield and storage and distribution of obtained output.

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Global Vegetable Pesticides Market: Trends & Developments

High demand for bio-pesticides and adoption of herbicide-resistant crop by farmers drives the vegetable pesticides market. The global synthetic vegetable pesticides market has been witnessing extraordinary changes during the last decade due to the improved efficiency in utilization of pesticides. Increasing demand for food, decreasing cultivable land, rising adoption of genetically modified (GM) crops and bio-pesticides, and acceptance of new farming practices are some factors driving the usage of synthetic pesticides. However, Increasing environmental concerns and availability of eco-friendly alternatives such as bio-pesticides is anticipated to restraint the vegetable pesticides market during the forecast period.

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Global Vegetable Pesticides Market: Segmentation

In terms of type, the vegetable pesticides market can be segmented into insecticides, herbicides, fungicides, and others. Insecticides kill insects by entering their body where they then act as poison. Insecticides are applied in different formulations such as sprays, gels, or baits. Insecticide is a controlled release application that provides long-lasting residual control of a broad spectrum of insects that plague livestock and poultry production facilities. Herbicides are used to kill unwanted vegetation. Herbicides limit the growth of unwanted weeds. Fungicides are used to control a disease during the establishment and development of a crop. They are used to increase the productivity of a crop and reduce blemishes.

Global Vegetable Pesticides Market: Regional Outlook

Based on region, the global vegetable pesticides market can be classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is a leading region of the global vegetable pesticides market. Increase in government initiatives toward integrated pest management practices and rise in awareness about the benefits of vegetable pesticides are anticipated to drive the demand for vegetable pesticides in Europe. North America and Asia Pacific are major consumers of vegetable pesticides. Asia Pacific is a prominent producer of rice, wheat, and vegetables. Hence, the requirement for vegetable pesticides is high in the region, and vegetable-based pesticides are expected to drive the vegetable pesticides market in the region.

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Global Vegetable Pesticides Market: Key Players

Key players operating in the global vegetable pesticides market include Syngenta AG, Bayer AG, The Dow Chemical Company, BASF SE, and Monsanto Company.

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