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According to the latest research, the global Pyrethrum market size was valued at USD 64.99 million in 2022 and is expected to expand at a CAGR of 5.31% during the forecast period, reaching USD 88.66 million by 2028.
Pyrethrum is a dicotyledonous plant, a perennial plant of the Compositae, a semi-small shrub or a semi-shrub. Leaves alternate, pinnate or 2-pinnately divided, long long-slit, fork-branched or glabrous.
Pyrethrum is also the name of the crude extract obtained from flowers of this plant. Pyrethrin refers to a more refined extract of pyrethrum. Pyrethrin is naturally found in chrysanthemums. When it is not combined with piperonyl butoxide or other synthetic additives, it is usually considered an organic pesticide. Their insecticidal and repellent properties have been known and used for thousands of years. Pyrethrin are gradually replacing organic phosphates and organic chlorides as the preferred insecticides, because the latter compounds have been shown to have significant and long-lasting toxic effects on humans.
The impact of COVID-19 on the pyrethrum market.
The COVID-19 outbreak has caused most countries around the world to issue foot bans and work stoppage orders. The production stoppage of the factory resulted in a reduction in the production of pyrethrum. The lower reaches of pyrethrum are mainly used in industry and agriculture, but due to the COVID-19 outbreak caused work stoppage, the demand for pyrethrum has also decreased. In addition, the outbreak of COVID-19 has caused residents to stay at home and lose their financial resources, which has weakened residents' purchasing power. All these have had a negative impact on the pyrethrum market.
The impact of COVID-19 on the pyrethrum industry chain.
In the current market economy, the upstream and downstream industrial chains have never been so closely linked. The COVID-19 pandemic has caused a large number of factories to stop production, isolate employees from work, and obstruct transportation. The production of the pyrethrum industry has also been affected by COVID-19. If the supply of raw materials is blocked, the production of pyrethrum will also be affected. At the same time, pyrethrum and downstream markets will also be affected in many ways. The reduction in downstream agricultural production will lead to a reduction in the demand for pyrethrum, which will further adversely affect pyrethrum. Therefore, dealing with the impact of COVID-19 on the supply chain is also one of the important issues that pyrethrum manufacturers need to deal with.
The characteristics and advantages of pyrethrum.
Because pyrethrums are biodegradable and have minimal impact on human health and the environment, they are more popular than traditional pesticides such as organic chlorides and organic phosphates. Pyrethrum has many characteristics, but the most important ones are the raid effect, very low toxicity to mammals, low insect immunity, extensive activity, lack of persistence and rapid degradation by ultraviolet rays in the sun, which can be very effective in repelling insects. Farmers can use pyrethrins as pesticides for fruit and vegetable crops. Pyrethrum compounds are easily degraded by oxygen, light and temperature, are environmentally friendly and compatible with organic agriculture.
Market Challenges
For manufacturers, the supply of pyrethrum is a challenge. Pyrethrum is a plant and is only available in a few countries such as Australia, Kenya, and Tanzania. The problem of insufficient supply of the raw material pyrethrum chrysanthemum will make it difficult for manufacturers in the industry to expand. Solving the supply of raw materials and expanding the market is a huge challenge for manufacturers.
In addition, in addition to natural pyrethrum, the market for synthetic pyrethrum is constantly developing, which is expected to have an impact on the natural pyrethrum market. Reducing the impact of synthetic pyrethrum on the market is one of the most important issues that manufacturers of natural pyrethrum need to solve, and it is an opportunity and a challenge.
Market Restraints
The lack of awareness of the benefits of pyrethrin and pyrethrum by farmers in some developing or underdeveloped countries may hinder market growth, such as Africa, Asia, South America and some countries. Because these regions contribute a lot to global agricultural production. The supply of pyrethrum is concentrated in a few countries such as Australia and Kenya, which has led to restrictions on the industry. In addition, the extraction and related costs of pyrethrum are high, resulting in higher prices for pyrethrum products. Due to the high replacement costs and the limited supply of pyrethrins on the market, farmers in these areas rely on traditional pesticides and insecticides.
Region Overview:
Geographically, North America held the largest market share – 55.22% in 2022.
Company Overview:
Botanical Resources Australia (Sumitomo Chemical Co., Ltd) is one of the major players operating in the Pyrethrum market, holding a share of 73.94% in 2023.
Botanical Resources Australia (Sumitomo Chemical Co., Ltd)
Botanical Resources Australia is the world's leading supplier of pyrethrin, the active ingredient of natural insecticides, which is extracted from pyrethrum daisy grown in Australia. Their growers’ farms are mainly located in northwest Tasmania, where they provide ideal growing conditions for special pyrethrum daisies and countless other high-value specialty crops. In addition to their core business, their business has expanded to dairy feed production, green waste biofuels, commercial seed treatment and the cultivation of high-value crops from the Tasmanian base in Australia.
Horizon Sopyrwa
Horizon SOPYRWA (Horizon Sopyrwa) is a private company that engages in the production, processing and marketing of pyrethrum; a natural botanical insecticide derived from the chrysanthemum flower, Essential Oils and Greenhouse Products. Horizon SOPYRWA is located in Musanze, northern Rwanda, where the volcanic soil, high altitude and good rainfall distribution are conducive to the cultivation of pyrethrum.
Horizon SOPYRWA is a subsidiary of Horizon Group.
Segmentation Overview:
As for product types, the 50% Pyrethrin segment held the largest market share in 2022.
Application Overview:
The market's largest segment by application is the segment Agricultural/Corp Protection, with a market share of 81.7% in 2022.
Agricultural/Corp Protection
Pyrethrum is an organic natural pesticide. The use of natural pesticides may lead to organic farming, and the advantages of organic farming are more beneficial to biodiversity and the environment. Of course, organic agricultural products reduce dietary exposure to pesticides. Organic farmers can use pyrethrins as pesticides for fruit and vegetable crops. Pyrethrum compounds are easily degraded by oxygen, light and temperature, are environmentally friendly and compatible with organic agriculture. Pyrethrum can also be used in corporate office buildings to repel insects.
Home & Garden
Pyrethrum is often used in homes and gardens to control mosquitoes, fleas, flies, moths, ants and other pests.
Public Health
Public health promotes and protects the health of people and the communities where they live, learn, work and play. Pyrethrum is also used for deworming in public areas, such as schools, communities, hospitals, sports fields, playgrounds, etc.
This report elaborates on the market size, market characteristics, and market growth of the Pyrethrum industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Pyrethrum. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Pyrethrum Market Report Include:
Market Size Estimates: Pyrethrum market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Pyrethrum market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Pyrethrum market
Segment Market Analysis: Pyrethrum market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Pyrethrum market situations and prospects in major and top regions and countries
Pyrethrum Market
Pyrethrum Industry Chain: Pyrethrum market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Pyrethrum Industry News, Policies by regions
Pyrethrum Industry Porters Five Forces Analysis
Key players in the global Pyrethrum market are covered in Chapter 2:
Horizon Sopyrwa
PCT
Botanical Resources Australia (Sumitomo Chemical Co., Ltd)
Honghe senju biology co., ltd.
Africhem Botanicals
In Chapter 6 and Chapter 9, on the basis of types, the Pyrethrum market from 2018 to 2028 is primarily split into:
50% Pyrethrin
20% Pyrethrin
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Pyrethrum market from 2018 to 2028 covers:
Agricultural/Corp Protection
Home & Garden
Public Health
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Pyrethrum market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Pyrethrum industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Pyrethrum market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Pyrethrum industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Pyrethrum market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Pyrethrum market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Pyrethrum market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Pyrethrum is a dicotyledonous plant, a perennial plant of the Compositae, a semi-small shrub or a semi-shrub. Leaves alternate, pinnate or 2-pinnately divided, long long-slit, fork-branched or glabrous.
Pyrethrum is also the name of the crude extract obtained from flowers of this plant. Pyrethrin refers to a more refined extract of pyrethrum. Pyrethrin is naturally found in chrysanthemums. When it is not combined with piperonyl butoxide or other synthetic additives, it is usually considered an organic pesticide. Their insecticidal and repellent properties have been known and used for thousands of years. Pyrethrin are gradually replacing organic phosphates and organic chlorides as the preferred insecticides, because the latter compounds have been shown to have significant and long-lasting toxic effects on humans.
The impact of COVID-19 on the pyrethrum market.
The COVID-19 outbreak has caused most countries around the world to issue foot bans and work stoppage orders. The production stoppage of the factory resulted in a reduction in the production of pyrethrum. The lower reaches of pyrethrum are mainly used in industry and agriculture, but due to the COVID-19 outbreak caused work stoppage, the demand for pyrethrum has also decreased. In addition, the outbreak of COVID-19 has caused residents to stay at home and lose their financial resources, which has weakened residents' purchasing power. All these have had a negative impact on the pyrethrum market.
The impact of COVID-19 on the pyrethrum industry chain.
In the current market economy, the upstream and downstream industrial chains have never been so closely linked. The COVID-19 pandemic has caused a large number of factories to stop production, isolate employees from work, and obstruct transportation. The production of the pyrethrum industry has also been affected by COVID-19. If the supply of raw materials is blocked, the production of pyrethrum will also be affected. At the same time, pyrethrum and downstream markets will also be affected in many ways. The reduction in downstream agricultural production will lead to a reduction in the demand for pyrethrum, which will further adversely affect pyrethrum. Therefore, dealing with the impact of COVID-19 on the supply chain is also one of the important issues that pyrethrum manufacturers need to deal with.
The characteristics and advantages of pyrethrum.
Because pyrethrums are biodegradable and have minimal impact on human health and the environment, they are more popular than traditional pesticides such as organic chlorides and organic phosphates. Pyrethrum has many characteristics, but the most important ones are the raid effect, very low toxicity to mammals, low insect immunity, extensive activity, lack of persistence and rapid degradation by ultraviolet rays in the sun, which can be very effective in repelling insects. Farmers can use pyrethrins as pesticides for fruit and vegetable crops. Pyrethrum compounds are easily degraded by oxygen, light and temperature, are environmentally friendly and compatible with organic agriculture.
Market Challenges
For manufacturers, the supply of pyrethrum is a challenge. Pyrethrum is a plant and is only available in a few countries such as Australia, Kenya, and Tanzania. The problem of insufficient supply of the raw material pyrethrum chrysanthemum will make it difficult for manufacturers in the industry to expand. Solving the supply of raw materials and expanding the market is a huge challenge for manufacturers.
In addition, in addition to natural pyrethrum, the market for synthetic pyrethrum is constantly developing, which is expected to have an impact on the natural pyrethrum market. Reducing the impact of synthetic pyrethrum on the market is one of the most important issues that manufacturers of natural pyrethrum need to solve, and it is an opportunity and a challenge.
Market Restraints
The lack of awareness of the benefits of pyrethrin and pyrethrum by farmers in some developing or underdeveloped countries may hinder market growth, such as Africa, Asia, South America and some countries. Because these regions contribute a lot to global agricultural production. The supply of pyrethrum is concentrated in a few countries such as Australia and Kenya, which has led to restrictions on the industry. In addition, the extraction and related costs of pyrethrum are high, resulting in higher prices for pyrethrum products. Due to the high replacement costs and the limited supply of pyrethrins on the market, farmers in these areas rely on traditional pesticides and insecticides.
Region Overview:
Geographically, North America held the largest market share – 55.22% in 2022.
Company Overview:
Botanical Resources Australia (Sumitomo Chemical Co., Ltd) is one of the major players operating in the Pyrethrum market, holding a share of 73.94% in 2023.
Botanical Resources Australia (Sumitomo Chemical Co., Ltd)
Botanical Resources Australia is the world's leading supplier of pyrethrin, the active ingredient of natural insecticides, which is extracted from pyrethrum daisy grown in Australia. Their growers’ farms are mainly located in northwest Tasmania, where they provide ideal growing conditions for special pyrethrum daisies and countless other high-value specialty crops. In addition to their core business, their business has expanded to dairy feed production, green waste biofuels, commercial seed treatment and the cultivation of high-value crops from the Tasmanian base in Australia.
Horizon Sopyrwa
Horizon SOPYRWA (Horizon Sopyrwa) is a private company that engages in the production, processing and marketing of pyrethrum; a natural botanical insecticide derived from the chrysanthemum flower, Essential Oils and Greenhouse Products. Horizon SOPYRWA is located in Musanze, northern Rwanda, where the volcanic soil, high altitude and good rainfall distribution are conducive to the cultivation of pyrethrum.
Horizon SOPYRWA is a subsidiary of Horizon Group.
Segmentation Overview:
As for product types, the 50% Pyrethrin segment held the largest market share in 2022.
Application Overview:
The market's largest segment by application is the segment Agricultural/Corp Protection, with a market share of 81.7% in 2022.
Agricultural/Corp Protection
Pyrethrum is an organic natural pesticide. The use of natural pesticides may lead to organic farming, and the advantages of organic farming are more beneficial to biodiversity and the environment. Of course, organic agricultural products reduce dietary exposure to pesticides. Organic farmers can use pyrethrins as pesticides for fruit and vegetable crops. Pyrethrum compounds are easily degraded by oxygen, light and temperature, are environmentally friendly and compatible with organic agriculture. Pyrethrum can also be used in corporate office buildings to repel insects.
Home & Garden
Pyrethrum is often used in homes and gardens to control mosquitoes, fleas, flies, moths, ants and other pests.
Public Health
Public health promotes and protects the health of people and the communities where they live, learn, work and play. Pyrethrum is also used for deworming in public areas, such as schools, communities, hospitals, sports fields, playgrounds, etc.
This report elaborates on the market size, market characteristics, and market growth of the Pyrethrum industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Pyrethrum. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Pyrethrum Market Report Include:
Market Size Estimates: Pyrethrum market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Pyrethrum market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Pyrethrum market
Segment Market Analysis: Pyrethrum market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Pyrethrum market situations and prospects in major and top regions and countries
Pyrethrum Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Pyrethrum Industry Chain: Pyrethrum market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Pyrethrum Industry News, Policies by regions
Pyrethrum Industry Porters Five Forces Analysis
Key players in the global Pyrethrum market are covered in Chapter 2:
Horizon Sopyrwa
PCT
Botanical Resources Australia (Sumitomo Chemical Co., Ltd)
Honghe senju biology co., ltd.
Africhem Botanicals
In Chapter 6 and Chapter 9, on the basis of types, the Pyrethrum market from 2018 to 2028 is primarily split into:
50% Pyrethrin
20% Pyrethrin
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Pyrethrum market from 2018 to 2028 covers:
Agricultural/Corp Protection
Home & Garden
Public Health
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Pyrethrum market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Pyrethrum industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Pyrethrum market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Pyrethrum industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Pyrethrum market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Pyrethrum market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Pyrethrum market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
