Acaricide Market Size To Reach USD 399.8 Million By 2032 | New Opportunities Planning By FMI

The Global Acaricide Market is forecast to be worth US$ 399.8 million by 2032, up from US$ 262.4 million in 2022 and the forecast period achieve a CAGR of 4.3%. In agriculture and livestock, acaricides and acaricides are practical pesticides to prevent disease and protect livestock and crops.

A growing population, shrinking arable land and a drive towards environmentally responsible agriculture are all contributing to the increase in the use of miticides worldwide. Acaricides are pesticides that kill ticks and mites and help animals gain immunity against various infectious diseases. Acaricides work by interfering with the nerves, muscles, respiration and growth of mites and ticks.

Cattle farmers need to use acaricides to prevent tick infestation and injury to animals. Losses due to tick infestations can be considerable and ticks cause paralysis and physical damage to cattle. Some acaricides might be toxic to fishes and other wildlife and have to be applied cautiously to prevent damage to ecosystem.

Download Sample Copy of Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-1535

A large variety of diseases are transmitted by ticks that severely affect the livestock. Major diseases transmitted by ticks include theileriosis, heartwater, anaplasmosis, and babesiosis.  In order to stop the transmission of diseases, the ticks need to be killed before they feed on vulnerable animals and transmit diseases to other organism.

Use of chemical acaricides is the most common and effective method of killing ticks. Emerging economies such as Asia pacific, Latin America and Eastern Europe represent major markets for acaricides due to high cattle farming in these regions.

Rising population is triggering high demand for agricultural output and meat consumption globally. Growth in crop and meat consumption is further expected to boost the global acaricides market over the forecast period of 2016-2026.

Drivers and Restraints 

Emerging markets such as Brazil, India and China, with rapidly growing populations and faster economic growth, have steadily increased their meat as well as crop/ grain consumption. The increase in consumption of meat is expected to be major driver for acaricides market growth globally.

The rising demand for dairy products and new developments in crop industry are also among key driving factors for the acaricides market.

However, certain species of ticks and mites have developed resistance to acaricides, which pose certain limitations to acaricides market growth. High raw material cost and various stringent government regulations are also expected to hamper the growth of acaricides market over the forecast period.

Regional Outlook 

Regionally, the acaricides market is segmented into seven key regions namely- North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East & Africa and Japan. Emerging economies of Asia Pacific, Latin America and Eastern Europe are expected to represent fastest growth in global acaricides market.

China and India are major consumers of acaricides due to intensive cattle farming. The use of acaricides to the control ticks growth has improved the viability of cattle farming in these countries. In contrast, demand for acaricides in North America, Western Europe, Japan, and South Korea will be moderate due to market maturity and already high use rates.

Contact Sales for Further Assistance in Purchasing this Report@
https://www.futuremarketinsights.com/checkout/1535

Market Players 

Some of the key players included in this study of global acaricides market are Bayer AG, Syngenta, Monsanto, DuPont, BASF SE, The Dow Chemical Company, Makhteshim, Nufarm, Sumitomo Chemicals and Arysta Lifescience.

Acaricide Market Segmentation 

Acaricides market is segmented on the basis of type, application, mode of application and region.

On the basis of type, the acaricides market is segmented into the following segments:

  • Natural
  • Arsenicals
  • Chlorinated  hydrocarbons
  • Organo-phosphorous compounds
  • Others

On the basis of application, the acaricides market is segmented into the following segments:

  • Animal husbandry
  • Agriculture
  • Others

On the basis of mode of application, the acaricides market is segmented into the following segments:

  • Dipping vat
  • Spray
  • Spray race or Spray dip machine
  • Hand dressing
  • Others

Before Buying, Visit for Customization @
https://www.futuremarketinsights.com/customization-available/rep-gb-1535

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Explore FMI’s Extensive ongoing Coverage on Chemicals & Materials Domain

Rodent Control Pesticides Market:  Newly released Rodent Control Pesticides Market analysis report by Future Market Insights shows that global sales of Rodent Control Pesticides Market in 2021 was held at US$ 5.6 Bn.

Organophosphate Pesticides Market: The organophosphate pesticides market is projected to register a CAGR of 5.2% during the forecast period, up from US$ 8.54 Bn in 2021 to reach a valuation of US$ 14 Bn by 2032.

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/category/chemicals-and-materials
LinkedInTwitterBlogs

Leave a comment

Your email address will not be published. Required fields are marked *