Pyrethrin Market Report 2024, Industry Trends, Growth, Size and Forecast Till 2032

The latest report by IMARC Group, titled “Pyrethrin Market Report by Type (Pyrethrin I, Pyrethrin II), Pest Type (Lepidoptera, Sucking Pests, Coleoptera, Diptera, Mites, and Others), Application (Agricultural Insecticides, Household Insecticides, Commercial and Industrial, Animal Healthcare, and Others), and Region 2024-2032“, The global pyrethrin market size reached US$ 63.5 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 115.2 Million by 2032, exhibiting a growth rate (CAGR) of 6.6% during 2024-2032.

Pyrethrin is a naturally occurring insecticide derived from chrysanthemum flowers. It is renowned for its effectiveness in controlling a wide spectrum of pests while being relatively safe for humans and animals when used as directed. Pyrethrin works by targeting the nervous systems of insects, causing paralysis and eventual death. This characteristic makes it a valuable tool in integrated pest management strategies. Due to its biodegradability and low residual activity, pyrethrin is commonly used in agricultural, residential, and commercial settings. Its rapid breakdown in sunlight and air helps minimize environmental impact.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/pyrethrin-market/requestsample

Pyrethrin Market Trends and Drivers:

The growing demand for organic and eco-friendly pest control solutions has significantly bolstered the adoption of pyrethrin. As consumers increasingly prioritize safer alternatives, pyrethrin’s natural origin and biodegradability align with these preferences. Additionally, the rising emphasis on sustainable practices throughout the agriculture sector, has led to increased utilization of pyrethrin in integrated pest management (IPM) programs. Farmers are seeking effective pest control methods that minimize environmental impact, and pyrethrin’s inherent characteristics fulfill these requirements. The rising need for enhanced crop yields due to increasing global population has spurred the demand for efficient pest management solutions, further boosting the pyrethrin market. Besides this, stringent regulations governing the usage of synthetic pesticides have prompted a shift towards bio-based alternatives like pyrethrin. The push for reduced chemical residues in food products has prompted growers to explore safer options, driving the adoption of pyrethrin across various crops. Furthermore, the expansion of urban green spaces and a rise in home gardening have contributed to the demand for residential pyrethrin-based products. Consumers are increasingly seeking solutions that ensure pest-free environments without compromising on safety.

Report Segmentation:

The report has segmented the market into the following categories:

Type Insights:

  • Pyrethrin I
  • Pyrethrin II

Pest Type Insights:

  • Lepidoptera
  • Sucking Pests
  • Coleoptera
  • Diptera
  • Mites
  • Others

Application Insights:

  • Agricultural Insecticides
  • Household Insecticides
  • Commercial and Industrial
  • Animal Healthcare
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player: 

  • China Xi’an Nutrendhealth Biotechnology Co. Ltd.
  • Kapi Limited, Pestech Australia Pty Ltd
  • Scintex Australia
  • Sumitomo Chemical Co.Ltd.
  • W. Neudorff GmbH KG
  • Zhejiang Rayfull Chemicals Co. Ltd.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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