The analysts forecast the global miticides market to grow at a CAGR of 5.32% during the period 2018-2022.
A miticide is a type of pesticide that targets and controls plant mites. Similar to spiders and ticks, mites are small insects that can cause significant damage to the plant or crop health on settling on the host plant. Mites can also transmit viruses and diseases to crops and plants; therefore, they must be treated with miticides to derive enhanced agriculture productivity. The market includes only miticide products and excludes all other pesticide-related products.
The report covers the present scenario and the growth prospects of the global miticides market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
One trend in the market is integrated pest management. Pest control forms a significant share of a farmer's cost production cost, and loss of around 26%-38% was witnessed in 2017, as per PLoS ONE, a scientific journal, published by Public Library of Science.
One driver in the market is shrinking arable land due to urbanization. Globally, the cultivable land is gradually decreasing owing to the fast-paced urban development, population growth, and high energy demand. Agricultural land is being converted to develop infrastructures such as houses, roads, and factories.
The report states that one challenge in the market is increased adoption of GM seeds. GM seeds have been modified at their DNA level using genetic engineering for improving the yield of the resultant crops and resistance to pathogens and pesticides.
- FMC Corporation
Key Topics Covered:
01. Executive Summary
02. Scope Of The Report
03. Research Methodology
04. Market Landscape
05. Market Sizing
06. Five Forces Analysis
07. Market Segmentation By Crop Type
08. Market Segmentation By Source
09. Customer Landscape
10. Regional Landscape
11. Decision Framework
12. Drivers And Challenges
13. Market Trends
14. Vendor Landscape
15. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/rrrgc2/global_miticides?w=4