(MoneyNewsWire.Net, November 07, 2017 ) Global Garden Pesticides Market was worth USD xx billion in 2016 and estimated to be growing at a CAGR of xx%, to reach USD XX billion by 2021. Pesticides are the chemical substances that are used to meant control pests or weeds. Mostly pesticides are used as plant protection products which protect plants from fungi, insects or weeds. Pesticides can be used as defoliant, desiccant, a plant growth regulator, or agent for thinning fruit or preventing the premature fall of fruit. It is also applied to crops before or after harvest to protect the commodity from deterioration during the transport and storage.
Pesticides includes Herbicide, Insecticide, Fungicide, Other Pesticides. Other pesticides include avicide, termiticide, bactericide, antimicrobial, molluscicide, piscicide, rodenticide, predacide, disinfectant, nematicide, insect repellent, animal repellent, fungicide, and sanitizer. Target pests can include plant pathogens, insects, birds, mammals, weeds, molluscs, fish, nematodes, and microbes that destroy property, or spread disease, or cause nuisance, or are disease vectors.
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Healthy growth in household applications, increased awareness of pest-borne diseases, and various problems with aggressive insects such as bed bugs and red imported fire ants are driving the global garden pesticides market. In addition, increase in disposable income, increased availability of less toxic and naturally derived pesticides, technology advancements in the equipment for spraying, increased spending on lawn and garden maintenance, public health and environmental concerns are also driving the growth of the market. However, majority of households already use at least one pesticide product, limited number of professionals and many are aware of potential health hazards associated with pesticides are hampering the growth of the market.
The Global Garden Pesticides Market are segmented by the product type, application and region. Depending on the product type, the market can be segmented into Herbicide, Insecticide, Fungicide and Other Pesticides.
Insecticides are expected to have the largest market in the global market. On the basis of application, the market is segmented into Household i.e., Insect Control, Insect Repellents, Lawn and garden i.e., Public and Private and others. Lawn and garden pesticide have the largest share due to the fact that many communities put a great deal of emphasis on having well-groomed yards that require proper pest management in gardens, lawns, and other outdoor areas. Household applications are growing at a highest rate because of many consumers are motivated by the health concerns posed by household pests such as rodents, mosquitoes, and other insects. Distribution channels segmented into home centres, garden centres, mass merchandisers, online and others.
Key points from TOC:
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Market Leaders' Analysis
Market Outlook and Investment Opportunities
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The market has also been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. North America followed by the Europe has the largest share in the global market due to the public health and environmental concerns, producer innovation and no adverse environmental effects, including impacts on air, water and soil. Asia-Pacific is growing at a fastest rate due to the emerging economies and increase in disposable income.
Scope of the report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and 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 the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, 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
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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Key players in the Global Garden Pesticides Market are Scotts Miracle-Gro, Syngenta AG, Spectrum Brands, Bayer AG, SC Johnson & Son, BASF SE, Sumitomo Chemical, Andersons, DuPont and Monsanto.
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