The global nanopesticides market size was estimated at USD 0.5 billion in 2022 and is expected to reach around USD 1.67 billion by 2032 with a registered CAGR of 12.9% from 2023 to 2032.
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Nanopesticides are pesticides whose composition incorporates nanotechnology to improve their properties. Nanopesticides, which have use characteristics comparable to pesticides, comprise nanoparticles that preferably surpass the 100nm size limit specified for regulatory purposes by various governmental agencies. Polymer-based formulations have garnered the most attention in the continual evaluation of research gaps and future goals in nanopesticides, followed by formulations including inorganic nanoparticles as well as nanoemulsions.
To achieve maximum benefit, nano-pesticides are used because they provide sustained release kinetics with high stability, efficient solubility, and enhanced permeability. They also help to promote pest control effectiveness for a longer period of time and prevent degradation of the encapsulated molecules that are in challenging environmental conditions.
The usage of nanopesticides implies a large reduction in the environmental effect of plant protection product active ingredients, as well as an improvement in crop quality and quantity. Although much of the research in nanopesticides is still in its early stages, the product's future is linked to the balance of its advantages in terms of improving effectiveness and minimizing the use and effect of plant protection products, combined with its disadvantages related to nanoparticle contamination by people and the environment.
Nanopesticides are used in a variety of crop protection applications, including seed treatment, preservation of fresh produce and vegetables, crops, feeds and fodder, and so on.
The COVID-19 epidemic harmed the food and agriculture industries. COVID-19 has impacted food and agricultural productivity, including nutrition, as well as farmer livelihoods, as a result of social alienation. However, because to the health advantages associated with fruits and vegetables, population intake rose throughout the pandemic. Nanopesticides are used in the packing of fruits and vegetables to preserve the freshness of these perishable foods. These also boost the chemical content of vegetables and fruits such as beta carotene, naringenin, as well as chlorogenic acid, while also providing a nutritious source of fibre, which aids in weight management by reducing constipation, lowering cholesterol, regulating blood sugar levels, and lowering blood sugar levels. Nanopesticides are also commonly employed in food packaging, which contains nanoparticles with antimicrobial properties that improve the shelf life and freshness of packaged food. As a result, the increased consumption of fruits and vegetables, as well as an increase in demand for food packaging, are expected to boost the nanopesticide market over the forecast period.
Farmers worldwide are embracing intensive agricultural practises to enhance production per hectare, raising pesticide consumption. Intensive farming is an agricultural intensification and automation strategy that uses pesticides and chemical fertilisers to increase yields from available land. These strategies aid in meeting the expanding population's need for food and preventing food shortages. Pesticide demand is driven by intensive agricultural practises such as monoculture. Monoculture is the practise of extensively producing one type of crop across a vast region, depleting soil nutrients and increasing reliance on pesticides. As a result, the market for nano insecticides will expand in the future to boost production.
Report Scope of the Nanopesticides Market
|Market Size in 2023||
USD 0.56 Billion
|Market Size by 2032||
USD 1.67 Billion
|Growth Rate from 2023 to 2032||CAGR of 12.9%|
|Forecast Period||2023 to 2032|
|Segments Covered||Type, Application, Utility, Target Organism, End-user, and Geography|
|Companies Mentioned||Marrone Bio Innovations, Bioworks, Valent Biosciences, Andermatt Biocontrol, Stockton, Bayer, Camson Bio Technologies, Corteva|
Key Market Drivers
Key Market Challenges
Key Market Opportunities
In 2022, insecticides were the most important product type category, accounting for more than 41% of total revenue generated by this business. Over the projected period, insecticides are expected to continue their dominance in the worldwide nano pesticides market.
The need for nano pesticides is primarily driven by the growing demand for crop protection agents with smaller environmental footprints and controlled release features.
The nano pesticides market is divided into four primary segments: harvesting, production, protection, and packaging. Nano pesticides are in high demand in agriculture due to their superior pest control characteristics over regular pesticides. Pesticides with encapsulation are also becoming increasingly popular in various end-user areas such as food processing, storage, and packaging.
Nanopesticides are in high demand in the agricultural market due to their superior pest control qualities when compared to regular pesticides. Furthermore, insecticides with encapsulation are becoming increasingly popular in various end-user applications including food processing, storage, and packaging. According to FAO, approximately 40% of losses occur at the post-harvest and processing stages in underdeveloped countries, whereas more than 40% occur at the retail and consumer levels in industrialised countries.
Nanopesticides Market Share, By Region, 2022 (%)
|Regions||Revenue Share in 2022 (%)|
Europe is in the forefront of nano pesticide usage, accounting for more than 34% of yearly revenue creation in 2022. Due to the most arable acreage and increased acceptance of innovative crop protection technology, Asia Pacific was the second biggest market. Furthermore, it is predicted to expand fast during the projection period. In 2021, North America retained a sizable market share. However, the Middle East and Africa are extremely tiny markets that are likely to develop at a slower CAGR in the next years.
Segments Covered in the Report
By Target Organism
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