Miticides Market Size, Share & Industry Analysis, By Source (Biological and Chemical), By Mode of Application (Foliar Spray and Soil Treatment), By Crop Type (Fruits and Vegetables, Cereals and Grains, Oilseeds and Pulses, and Others), and Regional Forecast, 2024-2032

Climate change, globalization of trade, and monoculture farming practices are all contributing to an increase in mite populations globally. Mites can infest a wide range of crops, causing significant damage and reducing yield. According to the National Library of Medicine, the feeding of insects and mites on maize crops causes upto 30% of maize yield losses. Farmers are becoming increasingly aware of the economic losses caused by mite infestations. Therefore, the rising concerns related to crop protection against mites have led farmers to seek new formulations of miticides without causing adverse effects on the environment to increase crop yield.

Nowadays, consumers are demanding high-quality fruits and vegetables that are free from blemishes and damage. Mites can cause cosmetic damage to crops, making them less appealing to consumers and potentially reducing their market value, further putting pressure on farmers to implement effective mite control strategies.

Technological advancements in the miticides market have been further fueling the growth of the market. For instance, in January 2023, Gowan Company LLC., a family-owned agricultural solutions business, launched Magister SC miticide for the Canadian horticulture market. The new product is a flowable formulation containing the active ingredient Fenazaquin, which offers rapid action against certain species of mites in both Eriophyidae and Tetranychidae families. It offers control of powdery mildew in pome fruit, cucurbits, stone fruits, and small fruit climbing vines.

Key Insights

The report covers the following key insights:

• Overview of the Miticides Market


• Supply Chain and Regulatory Analysis


• Drivers, Restraints, and Opportunities


• Key Developments

Segmentation

Analysis by Source

By source, the market is bifurcated into biological and chemical. The chemical segment is expected to hold a major share of the global market. Chemical miticides are generally known for their broad-spectrum efficacy, meaning they can effectively kill a wide range of mite species. Additionally, they often provide a quick knockdown effect, rapidly reducing existing mite populations and preventing further damage to crops.

The biological segment is expected to grow significantly over the forecast period. The popularity of organic farming practices is increasing, which restricts the use of synthetic chemicals. Biological miticides, derived from natural sources, offer a viable alternative for organic farmers to control mite populations.

Analysis by Mode of Application

By mode of application, the market is segregated into foliar spray and soil treatment. The foliar spray segment holds the largest share of the global miticides market. Foliar sprays offer a quicker response time compared to soil treatments. Additionally, foliar sprays ensure better coverage across the entire plant canopy, ensuring mites hiding on the underside of leaves are also targeted. Foliar sprays are generally easier and less labor-intensive to apply compared to soil treatments, leading to lower application costs for farmers.

The soil treatment segment is also expected to grow at a high CAGR over the forecast period. Soil treatment method offers a targeted approach to controlling mites by acting on them before they reach the plant surface. This can be particularly beneficial for the mites that spend part of their life cycle in the soil. Soil application allows preventive control of mites, preventing infestations before they cause significant damage to crops.

Analysis by Crop Type

By crop type, the market is segmented into fruits and vegetables, cereals and grains, oilseeds and pulses, and others. The fruits and vegetables segment is expected to hold a major share of the global market. Fruits and vegetables are generally more delicate and have thinner skin compared to cereals, making them more susceptible to damage caused by mite feeding, which can damage the leaves and fruits, stunt growth, and reduce yields significantly. Moreover, fruits and vegetables often have a higher market value compared to other crops. Thus, a minor mite infestation can cause significant economic losses for farmers due to reduced quality and quantity of products. Manufacturers are also launching effective and innovative products for such horticultural crops and help farmers with the losses.

For instance, in March 2023, BASF SE, a European multinational company, launched a new miticide for Australian growers, the Danisaraba miticide. The new product is approved by the Australian Pesticides and Veterinary Medicines Authority (APVMA) for use in almond orchards and a variety of fruit and fruiting vegetable crops and to solve the issues of spider mites.

The cereals and grains segment is expected to grow significantly over the forecast period. Cereal grains such as wheat, rice, corn, and others are staple food for a large portion of the world’s population. This translates to high economic value for farmers, who are more likely to invest in protecting their crops from yield-reducing pests, such as mites.

Regional Analysis

To gain extensive insights into the market, Request for Customization

The global market is geographically segmented into North America, Europe, Asia Pacific, South America, and the Middle East and Africa. North America holds the largest share of the miticides market. North America boasts a long history of well-developed agricultural practices and significant production of crops such as fruits, vegetables, and oilseeds. The farmers in the region prioritize protecting their crops from pests to ensure high yields and profitability. Miticides play a crucial role in achieving this goal. The major players operating in the region are adopting various strategies, such as new product launches, partnerships, and others, in order to remain competitive in the market and boost market growth. For instance, in October 2023, BioWorks Inc., a U.S.-based provider of integrated plant health management products and programs, launched EpiShield, a miticide and insecticide. The new product is formulated for grower ease of use, delivers strong efficacy, and is labeled for aphids, mites, thrips, mealybugs, and whiteflies.

Asia Pacific is expected to grow significantly over the forecast period. The region is a powerhouse in agriculture, with countries such as China and India being the major producers of various crops. This vast agricultural landscape creates a significant demand for miticides to protect the crops from mites.

Key Players Covered

The report includes the profiles of the following key players, including BASF SE, Bayer AG, Syngenta AG, Bioworks Inc., Gowan Company, LLC, Valent Biosciences, Certis LLC., Arysta Lifescience, Central Life Sciences, and Nissan Chemicals.

Key Industry Developments

• In March 2024, Central Life Sciences, a manufacturer and marketer of recognized professional and consumer brands in the veterinary, animal health, specialty pest control, and public health/vector control markets, launched ClearLeaf insecticide/miticide to their greenhouse product portfolio.


• In March 2024, BASF SE received a new label registration for its Velifer bioinsecticide/miticide. The registration allows greenhouse growers to use the product in soil-directed sprays, dips, and drench applications for efficient integrated pest management programs.