Global Natural Pyrethrin Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Natural Pyrethrin Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Natural pyrethrin is an insecticidal active ingredient extracted from Chryaanthemum cinerariaefotiumvis. Its mechanism of action is unique, and it has the characteristics of fast killing and killing insects, broad spectrum and low toxicity. This natural insecticide has been widely used in agricultural pest control, environmental sanitation, food industry and other fields.

Market Overview:

The latest research study on the global Natural Pyrethrin market finds that the global Natural Pyrethrin market reached a value of USD 92.94 million in 2022. It’s expected that the market will achieve USD 113.24 million by 2028, exhibiting a CAGR of 3.35% during the forecast period.

Affected by COVID-19, consumers' spending behavior has been restricted and their willingness to spend has declined. The Natural Pyrethrin market is in a downturn.

Fewer competitors can survive

COVID-19 continues to spread. Affected by this, the Natural Pyrethrin industry is in a downturn. Small and medium-sized pesticide enterprises face severe challenges in the capital chain, falling into the predicament of stagnant downstream demand and production shutdown. The epidemic will accelerate the reshuffle and integration of the Natural Pyrethrin industry. After the epidemic, the market is bound to recover. For those strong and competitive companies, the competitive environment in the Natural Pyrethrin industry will be greatly improved by then, and the market space freed up by fallen companies will provide growth opportunities for surviving companies. If companies that are not resilient to risk go down, there will be fewer competitors.

Supply chain interruption

Since 2020, the new crown epidemic has broken out successively around the world. In order to cut off the source of infection, governments around the world have introduced relevant measures to restrict the flow of people and logistics, making Natural Pyrethrin enterprises face increased difficulty in recruiting employees, raw material transportation and product sales logistics during the epidemic. smooth and other issues. If the epidemic continues to spread and cannot be effectively controlled, or other public emergencies occur in the future, it may adversely affect the production and operation of Natural Pyrethrin.

Environmentally friendly compared to pyrethroids

With the continuous improvement of people's health and environmental awareness, Natural Pyrethrin extracted from Pyrethrum plants has attracted people's attention again for its high efficiency, broad spectrum and environmental friendliness. By comparing Natural Pyrethrin and currently widely used synthetic pyrethroids, the chemical structure, scope of action, insecticidal efficacy, resistance, ecotoxicity, stability, etc. were analyzed, and it was found that pyrethroids were gradually exposed during the application process. However, Natural Pyrethrin is an environmentally friendly biological pesticide. This feature of environmental friendliness drives the growth of the Natural Pyrethrin market.

Raw material prices fluctuate

The raw materials of Natural Pyrethrin are natural plants, not standardized industrial products. Therefore, there are certain differences in properties between plants in different regions and between different batches of natural plants in the same region, which affect production efficiency to varying degrees. In addition, there are differences in the growth cycle, geographical distribution and quality of natural plants. The purchase price shows a certain volatility. Therefore, with the market factors Constantly changing, Natural Pyrethrin raw material prices are subject to fluctuation risks.

Region Overview:


Geographically, North America held the largest market share - 41.8% in 2021.

Company Overview:

Botanical Resources of Australia is one of the major players operating in the Natural Pyrethrin market, holding a share of 68.59% in 2022.

Botanical Resources of Australia

Botanical Resources Australia is a global leader in the supply of the natural insecticide active ingredient, Pyrethrins, extracted from Australian grown pyrethrum daisies.

Horizon Sopyrwa

Horizon SOPYRWA is a private company that engages in the production, processing and marketing of pyrethrum.

Segmentation Overview:


By type, Diptera segment accounted for the largest share of market in 2021.

Lepidoptera

Lepidoptera is an order of insects that includes butterflies and moths.

Coleoptera

Coleoptera, any member of the insect order Coleoptera, consisting of beetles and weevils. It is the largest order of insects, representing about 40 percent of the known insect species.

Diptera

Diptera is a large order containing an estimated 1,000,000 species including horse-flies, crane flies, hoverflies and others.

Acarina

Acarina Order of small or very small arachnids most of which have a short, unsegmented abdomen. The body comprises the capitulum and a prosoma. In most forms, the prosoma is covered by a single carapace. The respiratory organs are tracheae.

Application Overview:

By application, the Household segment occupied the biggest share from 2017 to 2022.

Household

Pyrethrin is very effective for control of Mosquito, Bedbugs, Flies, Cockroaches, ants, moths, flies, fleas and many other insects. Natural Pyrethrin can be used in houses, gardens, lawns, etc.

Crop Protection

Natural Pyrethrin is a powerful insecticide and, in lower concentrations, also a repellent. This compound is also suitable for protecting plants or seeds from phytopathogenic fungi.

Commercial and Industrial

Natural Pyrethrin is a pesticide available for commercial and industrial use, such as Natural Pyrethrin is one of the safest pesticides to use in food manufacturing plants.

Animal Health

Natural Pyrethrin can be used to deworm and kill animals. Can be used for horses, cats, dogs, etc.

Public Health

Natural Pyrethrin is widely used for insecticides in public health because of its relative safety to humans.

Key Companies in the global Natural Pyrethrin market covered in Chapter 3:

Horizon Sopyrwa
Yunnan Nanbao Biotechnology Co., Ltd.
Zhengzhou Delong Chemical Co.
Botanical Resources of Australia
China Xi'an Nutrendhealth Biotechnology Co, Ltd

In Chapter 4 and Chapter 14.2, on the basis of types, the Natural Pyrethrin market from 2018 to 2029 is primarily split into:

Lepidoptera
Sucking Pests
Coleoptera
Diptera
Mites
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Natural Pyrethrin market from 2018 to 2029 covers:

Household
Crop Protection
Commercial and Industrial
Animal Health
Public Health

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)