Turkey Pesticide Market to be dominated by Insecticides type Through 2028
Increasing population
and rising demand for bio-based pesticides are driving the growth of the turkey
pesticide market in the forecast period, 2024-2028.
According to
the TechSci Research report, “Turkey Pesticide Market - By
Region, Competition Forecast & Opportunities, 2018-2028,” Turkey Pesticide Market
is projected to grow at an impressive rate in the forecast period, 2024-2028. The
factors responsible for the growth of the market are the availability of chemical
pesticides, and demand for organic farming. Further, the rising demand for
sophisticated technologies, forthcoming product launches by key market players,
and favorable government initiatives in the agriculture sector are expected to
fuel market expansion.
However,
factors hampering the overall growth of the Turkey Pesticide Market include side
effects of pesticides on humans due to long-term exposure and the ban on
hazardous chemicals present in pesticides.
Browse over
XX market data Figures spread through 70 Pages and an in-depth TOC on the "Turkey Pesticide Market”
The Turkey Pesticide
Market is segmented based on type, form, product type, crop type, source,
region and competitive landscape.
Based on type,
the market is categorized into Herbicides, Insecticides, Fungicides, and Others.
The Insecticides category is expected to register a high CAGR in thein the
forecast period. This is due to rising crop losses due to insect infestation,
and advanced farming practices in the country.
Based on form
the market is categorized into liquid and dry. The liquid segment is expected
to drive the growth of the market throughout the forecast period, 2024-2028.
The factors contributing to the growth of the segment is the availability of
chemical pesticides, high convenience, and low cost as compared to dry
pesticides, and easy storage. Further, the dry segment is expected to support
the growth of the market during the forecast period.
Based on product
type, the market is divided into chemical and organic. The chemical segment is
expected to hold the largest market share in the forecast period, 2024-2028. due
to the availability of a wide range of chemical pesticides, their efficiency in
eradicating insects and other pests, and their superior outcomes to organic
pesticides.
Major
companies operating in the Turkey Pesticide Market are:
- Neufarm GMBH
- Biogreen Agro
- DOGAL AS.
- MSA ILAC VE MAK SAN VE TIC LTD STI-
- Astranova Tarım Ticaret ve Sanayi A.Ş. – Fabrikası
- Hillbatu Foreign
- Menta Pesticide Industry Ltd
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Based on crop type the market is
categorized into oilseeds & pulses, grains & cereals, and fruits &
vegetables. The fruits and vegetables segment is expected to dominate of the
pesticide market in turkey. The factor attributing to the growth of the market are
rising demand and high production of fruits and vegetables in Turkey. Moreover,
the export of fruits and vegetables has increased by 21% compared to 2019.
Further, in particular, the exports of fruits amounted to USD1.7 billion,
vegetables amounted to USD0. 6 billion, and tea accounted for USD 17. 45
million. Moreover, in the exports of fresh fruit, the most demanded categories
are sweet cherries, tomatoes, lemons, mandarins, cherries, and grapes. Turkey
made 51% of all external supplies.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based global management
consulting firm.
“Turkey Pesticide Market By Type (Herbicides,
Insecticides, Fungicides, Others), By Form (Liquid and Dry), By Product Type
(Chemical and Organic), By Crop Type (Oilseeds & Pulses, Grains &
Cereals, Fruits & Vegetables), By Source (Domestic and Import), By Region, Competition Forecast & Opportunities,
2018-2028,”
has evaluated the future growth potential of Turkey Pesticide Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision-makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the Turkey Pesticide Market.”
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