The Developments In Organophosphate Pesticides Market And Its Future Opportunities To Key Stakeholders

Precision Business Insights (PBI) in its report titled organophosphate pesticides market: Market Estimation, Dynamics, Regional Share, Trends, Forecast

Precision Business Insights (PBI) in its report titled organophosphate pesticides market: Market Estimation, Dynamics, Regional Share, Trends, Organophosphate Pesticides Market was valued at USD 5.7 Billion in 2020 and is poised to grow at a CAGR of 6.2% during the forecast period 2021-2027 The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.   

Organophosphate pesticides are widely used pesticides. These pesticides have wide applications and low cost, used for various kinds of crops. The factors anticipated to drive the Organophosphate pesticides market includes increase in the demand for crop protection for better yields, increase in global population coupled with surge in demand for food, and increase in the use of organophosphate pesticides due to rise in prevalence of crop infections. Moreover, development in farming practices, shrinkage in arable land, and innovation and launching of newer products into the organophosphate pesticides market are expected to propel the Organophosphate pesticides market growth. However, technological advancements in seeds, use of genetically modified crops, high R&D costs, and lack of awareness about the crop infections in farmers might hamper the growth of organophosphate pesticides market.

The global organophosphate pesticides market is divided into following categories:

  1. Product type
  • Organophosphate Insecticides
  • Organophosphate Herbicides
  • Organophosphate Fungicides
  1. Crop type 
  • Grains and Cereals
  • Turf and Ornamental Plants
  • Pulses and Oilseeds
  • Fruits and Vegetables
  1. Region
  • Latin America
  • Europe
  • Asia Pacific
  • North America
  • The Middle East  and Africa

North America has a significant share due to increase in awareness about organic farming, rise in adoption towards eco-friendly farming techniques, increase in the demand for healthy food products, and rise in government support for organophosphate pesticides are anticipated to fuel the organophosphate pesticides market. In Europe, increase in use of organophosphate pesticides, high quality fruits and vegetable cultivation, and rise in research and development activities for innovation of newer organophosphate pesticides are expected to upsurge the revenue of Europe organophosphate pesticides market. However, Asia Pacific has a significant growth attributed to increase in population depending on the farming majorly in India and China, rise in adoption of organic farming practices, and increase in the demand for high quality and quantity yields are expected to propel the organophosphate pesticides market.

Key Questions Answered

  • What is the current and future organophosphate pesticides market outlook worldwide? What trends are affecting the global market?
  • What is the competitive landscape and market share of major players in the organophosphate pesticides globally?
  • What are the key, high growth markets that organophosphate pesticides manufacturers should expand into? Which market segments are growing the fastest?
  • What are the unmet needs with the organophosphate pesticides currently on the market? How will emerging technologies fulfil these unmet needs?
  • What is physician perception and market outlook of organophosphate pesticides?
  • What are the challenges and barriers that have hindered widespread adoption of organophosphate pesticides?

Reasons to buy organophosphate pesticides market Report:

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
  • Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter's Five Forces Analyses
  • A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

Some of the players in organophosphate pesticides market are DuPont (U.S.), Monsanto Company (U.S.), Momentive Performance Materials (U.S), Syngenta AG (Switzerland), Akzonoble N.V. (Netherlands), Bayer CropScience AG (Germany), Brandt Consolidated (U.S.), Croda Chemicals (India).