Global Buprofezin Market Size By Type (Planthoppers, Nephotettix & Nilaparvata & Thrips), By Application (Cereals & Grains, Fruits & Vegetables), By Region, And Segment Forecasts, 2023 to 2032
Report Id: 11054 | Published Date: Feb 2023 | No. of Pages: | Base Year for Estimate: Feb 2023 | Format:
The Global Buprofezin Market was valued at USD 213.4 million in 2023 and is projected to reach USD 381.7 million by 2031, expanding at a CAGR of 7.4% during the forecast period (2023–2031). Buprofezin is a widely used insect growth regulator (IGR) that plays a crucial role in controlling pests, particularly in crops such as rice, cotton, and fruits. Its effectiveness in inhibiting chitin synthesis in insects, minimal environmental impact, and selective toxicity towards target pests contribute to its growing adoption globally.
Increasing food demand, integrated pest
management practices, and government efforts to reduce traditional pesticide
usage are fueling the growth of this market. The demand is especially rising in
countries with intense agricultural activities and pest-related crop losses.
Drivers:
1. Rising Demand for High-Efficiency Crop
Protection Solutions:
Farmers are seeking alternatives to
conventional pesticides that are effective yet less harmful to the environment.
Buprofezin, known for its pest-selective action and low toxicity to beneficial
insects, is gaining popularity.
2. Growth in Agricultural Activities in
Emerging Economies:
Countries like India, Brazil, and China are
experiencing increasing agricultural production, which requires robust pest
control strategies—creating strong demand for buprofezin.
3. Shift Toward Integrated Pest Management
(IPM):
With regulatory push and awareness among
farmers, IPM systems that use buprofezin as a core component are witnessing
significant adoption.
Restraints:
1. Stringent Regulatory Approvals:
Pesticide products including buprofezin
face strict regulatory scrutiny due to their impact on ecosystems. Delays in
registration and compliance processes can hinder market expansion.
2. Rise in Organic Farming Trends:
As consumers increasingly demand organic
produce, reliance on synthetic chemical pesticides—including buprofezin—can see
resistance in specific regions.
Opportunity:
1. Product Innovation and Formulation
Advancements:
New formulations with better delivery
mechanisms (e.g., slow-release or combination formulations) can enhance the
efficacy of buprofezin and open new avenues for market penetration.
2. Expansion in High-Value Crop
Applications:
Beyond staple crops like rice, there's a
growing opportunity to use buprofezin in fruit orchards, tea plantations, and
protected farming systems such as greenhouses.
Market
by System Type Insights:
The Wettable Powder (WP) segment accounted
for the largest market share in 2023, owing to its affordability and ease of
application in field conditions. However, the Suspension Concentrate (SC)
segment is expected to witness the highest growth due to improved efficacy,
longer shelf life, and reduced drift during spraying.
Market
by End-use Insights:
Cereals & Grains dominated the market
in 2023, especially rice cultivation in Asia-Pacific regions. However, Fruits
& Vegetables are emerging as a fast-growing segment, supported by
increasing incidences of whiteflies and scale insects in high-value
horticultural crops.
Market
by Regional Insights:
Asia-Pacific led the global buprofezin
market in 2023, driven by widespread rice and cotton cultivation, particularly
in China, India, and Vietnam. Latin America is projected to be the
fastest-growing region during the forecast period due to rising agricultural
exports and the need for efficient pest control solutions.
Competitive
Scenario:
Major players in the Global Buprofezin
Market include:
Bayer CropScience AG
Nufarm Limited
Jiangsu Fengshan Group
Syngenta AG
Nihon Nohyaku Co., Ltd.
Shandong Sino-Agri United Biotechnology
Co., Ltd.
Hubei Xianlong Chemical Industry Co., Ltd.
Gujarat Pesticides
Rudong Zhongyi Chemical Co., Ltd.
Changzhou Wujin Xinyi Agrochemical Co.,
Ltd.
These companies focus on expanding
distribution networks, developing eco-friendly formulations, and forging
partnerships with agro-input distributors to sustain market competitiveness.
Scope
of Work – Global Buprofezin Market
|
Report
Metric |
Details |
|
Market Size (2023) |
USD 213.4 million |
|
Projected Market Size (2031) |
USD 381.7 million |
|
CAGR (2023–2031) |
7.4% |
|
Market Segments |
By System Type (WP, SC, EC), By End-use
(Cereals & Grains, Fruits & Vegetables, Others), By Region |
|
Growth Drivers |
Rising demand for pest-specific IGRs,
Expansion in emerging agricultural markets |
|
Opportunities |
Product innovation, Expansion into
high-value crops |
Key
Market Developments:
2023: Syngenta launched a buprofezin-based
formulation targeting whiteflies in tomato and cucumber crops in Southeast
Asia.
2024: Bayer announced strategic trials
combining buprofezin with bio-stimulants to increase crop yield and resilience.
2025: Nufarm expanded its production
facility in India to enhance its manufacturing capacity for buprofezin-based
products, aiming to meet growing domestic and export demand.
FAQs:
1) What is the current market size of the
Global Buprofezin Market?
The Global Buprofezin Market was valued at
USD 213.4 million in 2023.
2) What is the major growth driver of the
Global Buprofezin Market?
The key driver is the rising demand for
targeted, low-toxicity pest control solutions in agriculture.
3) Which is the largest region during the
forecast period in the Global Buprofezin Market?
Asia-Pacific is the largest and most
dominant region throughout the forecast period.
4) Which segment accounted for the largest
market share in Global Buprofezin Market?
The Wettable Powder (WP) segment led the
market in 2023, followed closely by Suspension Concentrate (SC).
5) Who are the key market players in the
Global Buprofezin Market?
Key players include Bayer CropScience,
Syngenta AG, Nufarm, Jiangsu Fengshan Group, and Nihon Nohyaku Co., Ltd.
Let me know if you'd like this report in a downloadable
format or visual summary.
Speak with an analyst to get exclusive insights tailored to your needs
Related Reports
Global Ethephon Market Size By Type (Solid, Lquid), By Application (Agriculture, Forestry), By Regio...
lobal Ethephon Market Report DescriptionThe Global Ethephon Market was valued at USD 425.6 million...
Read More
Global Andouille Market Size By Type (Pork Andouille, Beef Andouille), By Application (Home, Restaur...
The Global Andouille Market was valued at USD 1.3 billion in 2023 and is projected to surpass USD 2...
Read More
Global Zooid Pesticide Market Size By Type (Animal Toxin, Insect Hormone), By Application (Agricultu...
lobal Zooid Pesticide Market Report DescriptionThe Global Zooid Pesticide Market was valued at USD...
Read More
Global Waffle Mix Market Size By Type (Boxes-packed, Bags-packed), By Application (Bakery, Restauran...
The Global Waffle Mix Market was valued at USD 950 million in 2023 and is projected to reach USD 1....
Read More
Global Plant Pesticide Market Size By Type (Phytotoxin, Phytogenous Insect Hormone), By Application...
lobal Plant Pesticide Market Report DescriptionThe Global Plant Pesticide Market was valued at USD...
Read More
Global Yoghurt Fruit Preparations Market Size By Type (Single Species, Mixed), By Application (Cater...
lobal Yoghurt Fruit Preparations Market Report DescriptionThe Global Yoghurt Fruit Preparations Ma...
Read More
Global Botanical Pesticide Market Size By Type (Phytotoxin, Phytogenous Insect Hormone), By Applicat...
The Global Botanical Pesticide Market was valued at USD 4.2 billion in 2023 and is projected to rea...
Read More
Global Dairy Fruit Preparations Market Size By Type (Single Species, Mixed), By Application (Caterin...
lobal Dairy Fruit Preparations Market Report DescriptionThe Global Dairy Fruit Preparations Market...
Read More
Global Biogenic Pesticide Market Size By Type (Microbial Pesticides, Biochemical Pesticides), By App...
lobal Biogenic Pesticide Market Report DescriptionThe Global Biogenic Pesticide Market was valued...
Read More
Global Fruit Preparations for Bakery Products Market Size By Type (Single Species, Mixed), By Applic...
The Global Fruit Preparations for Bakery Products Market was valued at USD 5.1 billion in 2023 and...
Read More.png)