Europe Agricultural miticide market was valued at USD 0.44 billion in 2023 and is anticipated to reach USD 0.47 billion in 2024 from USD 0.72 billion by 2032, growing at a CAGR of 5.57%, from 2024 to 2032.
Miticides are chemical substances used to kill mites in the field or garden areas. Mites are tiny arthropods that are closely related to spiders and ticks. They are very difficult to control. Mites population increases with an increase in temperature and a decrease in humidity. In addition, mites can infect plants with viruses and diseases.
There are many types of miticides available in the market. Choosing a particular one is a difficult task. So, before using it read the label carefully. Begin with miticide sprays having the least toxic option. There are different types of mites that can affect both outdoor and indoor plants and it is difficult to recognize them. One of the easiest mite to recognize are spider mites because they produce fine webbing and will feed from a wide variety of plants. Other mites target specific plants such as the spruce mite or honey locust spider mite.
The major factor driving the European agriculture Miticide market is an increase in the practice of gardening and farming. In addition, rising awareness about pest control, weather conditions, new innovative products for better yield, increase in disposable income, government reimbursement policies for agriculture and technology advancements are also driving the growth of the market. However, a limited number of professionals and a lack of awareness in rural areas are hampering the growth of the market.
Abamectin is expected to have the largest revenue due to its popularity and widely used around the world.
Farmland has the largest share but the Orchard and Nurseries are expected to have fastest growing rate.
In Europe, Germany leads the Agriculture miticide market, followed by France and U.K. The market in this region is projected to grow strongly during the forecast period due to various factors such as growing awareness, financial strength to procure expensive equipment, and favourable reimbursement policies.
BASF Ornamentals, FMC Corporation, Adama Agricultural Solutions, Dow, Bayer Crop Science, Gowan Company, Syngenta AG, Valent Biosciences, Sumitomo Chemical, OHP, Inc, Rotam Europe, Certis USA, Osho Chemical Industries, Meerut Agro Chemical Industries. These are the market players that are dominating the Europe agriculture miticides market.
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