1. Global Natural Pyrethrin Market Size and Future Growth
The global Natural Pyrethrin market is projected to reach a revenue of 94.46 million USD in 2024. This market is expected to grow at a Compound Annual Growth Rate (CAGR) of 3.59% from 2024 to 2033.
Natural Pyrethrin is an insecticidal active ingredient extracted from the flowers of the Chrysanthemum cinerariaefolium plant. It is renowned for its unique mechanism of action, characterized by rapid killing and broad-spectrum efficacy, while also being low in toxicity. This natural insecticide has gained widespread use in various fields such as agricultural pest control, environmental sanitation, and the food industry. Its popularity stems from its environmentally friendly nature, as it is a biological pesticide that does not pose significant harm to humans or the environment when used as directed.
Figure Global Natural Pyrethrin Market Size (M USD) and CAGR (2024-2033)
2. Driving Factors and Limiting Factors of Natural Pyrethrin Market
The growth of the Natural Pyrethrin market is propelled by several key factors. Firstly, there is a rising global awareness of environmental protection, which has led to an increased demand for eco-friendly products like Natural Pyrethrin. Secondly, advancements in cultivation and processing technologies have improved the efficiency and reduced the cost of production, making Natural Pyrethrin more economically viable. Additionally, policies restricting the use of chemical pesticides have created a favorable market environment for Natural Pyrethrin, as it serves as a viable alternative.
However, the market also faces challenges. The instability of Natural Pyrethrin, which makes it susceptible to decomposition by sunlight, air, and high temperatures, is a significant drawback. This instability leads to a shorter effective period and higher application costs compared to synthetic alternatives. Furthermore, the fluctuation in raw material prices, which are derived from natural plants, adds to the production risks and costs. Despite these limitations, the market’s growth prospects remain positive due to the increasing demand for sustainable and effective pest control solutions.
3. Natural Pyrethrin Market Technology Innovation
Innovation plays a crucial role in the Natural Pyrethrin market. Companies are continuously investing in research and development to improve the cultivation methods of the Chrysanthemum cinerariaefolium plant and enhance the processing techniques of Natural Pyrethrin. These innovations aim to increase the yield, improve the stability, and reduce the cost of the final product. Technological advancements are also focused on developing new formulations and delivery systems that can extend the effective period of Natural Pyrethrin and make it more user-friendly.
4. Downstream Fields of Natural Pyrethrin
The household sector is a significant consumer of natural pyrethrin. It is used for controlling a wide range of insects such as mosquitoes, bedbugs, flies, cockroaches, ants, moths, and fleas. In 2024, the market revenue for the household sector is forecasted to be 42.40 M USD. This sector has a substantial market share due to the widespread use of natural pyrethrin in domestic settings for pest control.
In the agricultural domain, natural pyrethrin serves as a powerful insecticide and repellent. It is used to protect plants and seeds from phytopathogenic fungi and insect damage. The market revenue for crop protection in 2024 is estimated at 18.89 M USD. This sector is crucial as it ensures the health and productivity of crops.
The commercial and industrial sector utilizes natural pyrethrin for pest control in various settings such as food manufacturing plants, warehouses, and other commercial buildings. The market revenue for this sector in 2024 is projected to be 11.93 M USD. This sector benefits from the use of natural pyrethrin due to its safety and effectiveness in controlling pests in sensitive environments.
Natural pyrethrin is also used in the animal health sector for deworming and killing parasites in animals such as horses, cats, and dogs. The market revenue for animal health in 2024 is estimated at 5.89 M USD. This sector is essential for maintaining the health and well-being of animals.
The public health sector is a major consumer of natural pyrethrin due to its relative safety to humans. It is used for controlling insects in public spaces such as parks, schools, and hospitals. The market revenue for public health in 2024 is forecasted to be 15.37 M USD. This sector plays a critical role in maintaining public health and preventing the spread of vector-borne diseases.
Table Global Natural Pyrethrin Market Size by Downstream Fields in 2024
Downstream Fields | Market Size (M USD) 2024 |
Household | 42.40 |
Crop Protection | 18.89 |
Commercial and Industrial | 11.93 |
Animal Health | 5.89 |
Public Health | 15.37 |
Total | 94.46 |
5. Applications of Natural Pyrethrin Market
Lepidoptera refers to the order of insects that includes butterflies and moths. Natural pyrethrin is used to control these insects in various settings. The market revenue for Lepidoptera in 2024 is forecasted to be 12.80 M USD. This application has a moderate market share and a steady growth rate, driven by the need to control these insects in agricultural and domestic settings.
Coleoptera encompasses beetles and weevils, representing the largest order of insects. Natural pyrethrin is used to manage these insects due to its effectiveness. The market revenue for Coleoptera in 2024 is estimated at 11.27 M USD. This application has a significant market share and a moderate growth rate, influenced by the increasing demand for pest control in agricultural and industrial sectors.
Diptera is a large order containing an estimated 1,000,000 species, including horse-flies, crane flies, hoverflies, and others. Natural pyrethrin is used to control these insects in various environments. The market revenue for Diptera in 2024 is projected to be 36.57 M USD. This application has the largest market share among all applications, attributed to the widespread presence and impact of Diptera insects.
Acarina refers to small or very small arachnids, most of which have a short, unsegmented abdomen. Natural pyrethrin is used to control these arachnids in various applications. The market revenue for Acarina in 2024 is estimated at 18.45 M USD. This application has a significant market share and a moderate growth rate, influenced by the increasing awareness of the impact of Acarina on human health and the environment.
Table Global Natural Pyrethrin Market Size by Application in 2024
Application | Market Size (M USD) 2024 |
Lepidoptera | 12.80 |
Coleoptera | 11.27 |
Diptera | 36.57 |
Acarina | 18.45 |
Others | 15.38 |
Total | 94.46 |
6. Global Natural Pyrethrin Market Size by Region
In 2024, the global Natural Pyrethrin market revenue was distributed across various regions, each contributing differently to the overall market value. North America led the market with a revenue of 113.2 million USD, accounting for 42% of the global market share. This region’s dominance can be attributed to its strong downstream demand for Natural Pyrethrin, high consumption levels, and being the world’s largest importer of Natural Pyrethrin products.
Europe followed closely with a revenue of 90.3 million USD, holding a 32% market share. The European market is driven by a strong awareness of environmental protection and strict supervision of chemical products. The region’s developed economy and relatively high consumption level also contribute to its significant market share.
China, with a revenue of 14.5 million USD and a market share of 4%, showed a steady growth trend. China’s rapid economic development and increased consumption level of residents have contributed to the growth of the Natural Pyrethrin market.
Japan, the fourth largest market, had a revenue of 18.7 million USD, representing 5.68% of the global market. Japan’s mature industrial technology, developed economy, and strong environmental awareness support the market’s growth.
The Middle East and Africa region had a revenue of 15.1 million USD, with a market share of 4.24%. This region presents a potential market for Natural Pyrethrin, with continuous economic development and technical level improvement.
India, with a revenue of 11.5 million USD and a market share of 3.28%, is a growing market. The country’s rapid economic development, increased disposable income, and growing awareness of environmental protection contribute to the market’s expansion.
South America, with a revenue of 5.4 million USD and a market share of 1.71%, faces challenges such as a lack of consumption power and limited development of Natural Pyrethrin.
Figure Global Natural Pyrethrin Market Size by Region in 2024
7. Global Natural Pyrethrin Market Analysis by Major Players
7.1 Botanical Resources of Australia
Introduction and Business Overview: Botanical Resources of Australia is a global leader in the supply of natural insecticide active ingredient, Pyrethrins, extracted from Australian grown pyrethrum daisies. The company has been established since 1996 and operates worldwide from its headquarters in Australia.
Products Offered: The company offers a unique lower concentration pyrethrins active ingredient for specialized use in aerosol formulation, known as PY-T-20. This product is formulated for ready dilution with a wide range of solvents typically used in aerosol end-use products.
Sales Revenue in 2022: The company’s sales revenue in 2022 was 62.97 million USD, with a market share of 68.59%.
7.2 Horizon Sopyrwa
Introduction and Business Overview: Horizon SOPYRWA is a private company established in 2008 in Rwanda. It engages in the production, processing, and marketing of pyrethrum, a natural plant product that protects people, crops, and animals against insect damage.
Products Offered: The company’s main product is pyrethrum, which contains pyrethrins, natural properties capable of insect control.
Sales Revenue in 2022: The company’s sales revenue in 2022 was 7.59 million USD, with a market share of 8.26%.
7.3 Yunnan Nanbao Biotechnology Co., Ltd.
Introduction and Business Overview: Established in 2001, Yunnan Nanbao Biotechnology Co., Ltd. is a national high-tech enterprise integrating pyrethrum planting, production and processing, scientific research, and sales. The company is headquartered in China and mainly operates in America, Europe, and Asia.
Products Offered: The company’s main products include original medicine series, insecticide series, fungicide series, microbial inoculum series, household hygiene, and deworming series products. The company also offers pyrethrins in various concentrations, packaged in HDPE plastic drums.
Sales Revenue in 2022: The company’s sales revenue in 2022 was 4.72 million USD, with a market share of 5.14%.