Buprofezin Market by Formulation, Pest, Crop Type

List of Tables

The Buprofezin Market was valued at USD 725.10 million in 2023, expected to reach USD 762.59 million in 2024, and is projected to grow at a CAGR of 5.28%, to USD 1,039.58 million by 2030.

Buprofezin, an insecticide used primarily for controlling pests in crops such as rice, cotton, and fruits, plays a crucial role in agriculture. Its main utility is in inhibiting the development of insects by interfering with chitin synthesis, essential for their exoskeleton formation. The necessity of buprofezin arises from the growing demand for effective pest management solutions that ensure crop protection and enhance yield quality. Its application extends across various agricultural domains, mainly in humid and sub-tropical regions plagued by pest infestations. The end-use scope primarily includes the agriculture sector, especially in the cultivation of grain, fruits, and vegetables.

KEY MARKET STATISTICS
Base Year [2023]	USD 725.10 million
Estimated Year [2024]	USD 762.59 million
Forecast Year [2030]	USD 1,039.58 million
CAGR (%)	5.28%

Market insights suggest that the increasing global food demand, coupled with a decrease in arable land, pressures farmers to maximize their output, thereby driving the demand for buprofezin. Additionally, the rising awareness and adoption of integrated pest management practices underscore the importance of efficient insect control solutions, presenting significant opportunities for market growth. Regulatory frameworks encouraging sustainable farming further amplify its use. However, challenges such as stringent environmental regulations, potential development of resistant pest strains, and competition from other pest control alternatives may hinder market progress. These challenges necessitate innovation in formulation techniques and application methods to enhance efficacy and sustainability.

Opportunities lie in exploring novel formulations that increase residue effectiveness, reduce environmental impact, and expand its application spectrum to other crops. Research efforts could focus on synergistic combinations with other biopesticides to extend efficacy and the exploration of controlled-release formulations. Additionally, digital farming and precision agriculture offer avenues to improve application accuracy and efficiency. As the market continues to evolve, stakeholders should focus on diversification strategies, partnerships, and investments in research and development to adapt to emerging trends and overcome market constraints. This approach will be critical for tapping into the evolving agricultural landscape and achieving sustained growth.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Buprofezin Market

The Buprofezin Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Increasing need for higher crop yields to meet growing food demand
- Growing regulatory emphasis on environmentally sustainable pest control methods
Market Restraints
- Environmental concerns with the usage of buprofezin
Market Opportunities
- Continuous R&D activities for enhancing buprofezin formulations
- Growing shift towards integrated pest management (IPM) practices and precision agriculture
Market Challenges
- Regulatory constraints and the growing resistance of pests to conventional insecticides

Porter's Five Forces: A Strategic Tool for Navigating the Buprofezin Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Buprofezin Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Buprofezin Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Buprofezin Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Buprofezin Market

A detailed market share analysis in the Buprofezin Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Buprofezin Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Buprofezin Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Buprofezin Market

A strategic analysis of the Buprofezin Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Buprofezin Market, highlighting leading vendors and their innovative profiles. These include Albaugh LLC, Anmol Biotech Private Limited, Aristo Bio-tech And Lifescience Limited, Bayer AG, Bharat Group, Biostadt India Limited, Canary Agro Chemicals Private Limited, Croda International PLC, Dhanuka Agritech Limited, Hebei Enge Biotech Co., Ltd., Insecticides (India) Limited, Jaffer Group, Jaivik Crop Care LLP, Kenvos AG, King Quenson Group, Merck KGaA, Nihon Nohyaku Co., Ltd., Nova Agritech Limited, Paras Crops Limited, Parijat Industries India Pvt. Ltd., Rallis India Limited by Tata Chemicals Limited, Sumitomo Chemical Co., Ltd.., Thermo Fisher Scientific Inc., UPL Ltd., and Zagro.

Market Segmentation & Coverage

This research report categorizes the Buprofezin Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Formulation, market is studied across Drift Less Formulation, Emulsifiable Concentrate, Suspension Concentrate, Water Dispersible Granules, and Wettable Powder.
Based on Pest, market is studied across Planthoppers, Psyllids, Scale Insects, and Whiteflies.
Based on Crop Type, market is studied across Cereals & Grains and Fruits & Vegetables.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-2B4B2861EC8B

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing need for higher crop yields to meet growing food demand
  - 5.1.1.2. Growing regulatory emphasis on environmentally sustainable pest control methods
- 5.1.2. Restraints
  - 5.1.2.1. Environmental concerns with the usage of buprofezin
- 5.1.3. Opportunities
  - 5.1.3.1. Continuous R&D activities for enhancing buprofezin formulations
  - 5.1.3.2. Growing shift towards integrated pest management (IPM) practices and precision agriculture
- 5.1.4. Challenges
  - 5.1.4.1. Regulatory constraints and the growing resistance of pests to conventional insecticides
5.2. Market Segmentation Analysis
- 5.2.1. Formulation: Growing usage of suspension concentrate formulations to reduce the potential for off-target movement
- 5.2.2. Crop Type: High potential of buprofezin for growing fruits & vegetable crops to sustain the quality and yield
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Buprofezin Market, by Formulation

6.1. Introduction
6.2. Drift Less Formulation
6.3. Emulsifiable Concentrate
6.4. Suspension Concentrate
6.5. Water Dispersible Granules
6.6. Wettable Powder

7. Buprofezin Market, by Pest

7.1. Introduction
7.2. Planthoppers
7.3. Psyllids
7.4. Scale Insects
7.5. Whiteflies

8. Buprofezin Market, by Crop Type

8.1. Introduction
8.2. Cereals & Grains
8.3. Fruits & Vegetables

9. Americas Buprofezin Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Buprofezin Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Buprofezin Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. Nichino America and Sipcam Signed Another Cross-License Agreement, Which will Increase the Market Share of Fenpyroximate and Buprofezin in the United States
- 12.3.2. Insecticides India To Expand Capacity In Rajasthan, Gujarat, Will Invest INR 150 Crore
12.4. Strategy Analysis & Recommendation

Companies Mentioned

1. Albaugh LLC
2. Anmol Biotech Private Limited
3. Aristo Bio-tech And Lifescience Limited
4. Bayer AG
5. Bharat Group
6. Biostadt India Limited
7. Canary Agro Chemicals Private Limited
8. Croda International PLC
9. Dhanuka Agritech Limited
10. Hebei Enge Biotech Co., Ltd.
11. Insecticides (India) Limited
12. Jaffer Group
13. Jaivik Crop Care LLP
14. Kenvos AG
15. King Quenson Group
16. Merck KGaA
17. Nihon Nohyaku Co., Ltd.
18. Nova Agritech Limited
19. Paras Crops Limited
20. Parijat Industries India Pvt. Ltd.
21. Rallis India Limited by Tata Chemicals Limited
22. Sumitomo Chemical Co., Ltd..
23. Thermo Fisher Scientific Inc.
24. UPL Ltd.
25. Zagro