Europe Pyrethrin Market

Europe Pyrethrin Market Size (2024 to 2032)

The European pyrethrin market was expected to ba valued at USD 19.04 billion in 2023 and is anticipated to reach USD 20.12 billion in 2024 from USD 31.30 billion by 2029, growing at a CAGR of 5.68% from 2024 to 2032.

The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development of the fertilizer industry. Pyrethrins are a bunch of naturally found insecticides that are obtained from dried flowers of pyrethrum daisy. As pyrethrins are decomposable and have less impact on human health and the environment, they are used over conventional insecticides like organochlorides and organophosphates. Pyrethrums, the raw material used to get pyrethrins, are found in countries like Kenya, Rwanda, Tanzania, Papua New Guinea, Italy, Brazil, Morocco, and Tunisia. Other than agricultural use, pyrethrins are found to be of major use in veterinary pharmaceuticals, domestic pest control, animal nutrition, timber protection, and disease control.

The key factors propelling the Europe pyrethrin market are the increasing demand for hygienic products by households, combined with the rising Europe population and changing lifestyle. Moreover, owing to its natural origin, pyrethrin is highly demanded in the industrial as well as household sectors. As pyrethrin is found naturally in nature, there is a major constraint for manufacturers, which poses a key restraint on the European market. Also, pyrethrin is very sensitive to sunlight, heat, and moisture, which limits its use in the farming sector.

This research report on the European pyrethrin market is segmented and sub-segmented into the following categories.

Europe Pyrethrin Market Analysis By Type

• Pyrethrin 1
• Pyrethrin 2

Europe Pyrethrin Market Analysis By Pest Type

• Lepidoptera
• Sucking Pests
• Coleoptera
• Diptera
• mites
• Others

Europe Pyrethrin Market Analysis By Application

• Household
• Crop protection
• Commercial and Industrial
• Animal Health
• Public health applications

COUNTRY ANALYSIS

• UK
• France
• Spain
• Germany
• Italy
• Russia
• Sweden
• Denmark
• Switzerland
• Netherlands
• Turkey
• Czech Republic
• Rest of Europe

The Europe Pyrethrin is projected to show significant growth during the forecast period due to increased focus on R & D.

KEY PLAYERS IN THE EUROPE PYRETHRIN MARKET

Sinclair Animal & Household Care Ltd (Gainsborough, U.K.), Botanical Resources of Australia (Tasmania, Australia), Horizon Sopyrwa (Rwanda, Africa), Beaphar UK (Haverhill, U.K.), Elanco (Indiana, U.S.). These are the market players that are dominating the Europe pyrethrin market.