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(MoneyNewsWire.Net, February 06, 2018 ) Global Garden Pesticides Market was worth USD xx billion in 2017 and estimated to be growing at a CAGR of xx%, to reach USD XX billion by 2022. 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.
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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.
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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