Demand for Bio-Pesticides Coupled with European Food Security to Boost Azadirachtin Industry-Ken Research

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According to the study “Europe Azadirachtin Industry Situation and Prospects Research Report”, Europe is focussed, encouraging as well as supporting bio-pesticides development to avoid harmful consequences with the use of chemical pesticides. This trend has stabiled European azadirachtin market with a positive growth over the past few years. It was observed that there are many registered manufacturers who are promoting azadirachtin in Europe. Yu Rong Chang, Green Gold, Agro, Ozone Biotech, Vanashree, Yash Chemicals, and The Himalaya Drug Company are the leading players in Europe’s azadirachtin market. Azadirachtin is extracted using various methods such as solvent extraction, supercritical fluid extraction and microwave extraction. Other than agricultural needs, azadirachtin is also used in personal care products, deworming products and others.

Azadirachtin is a botanical pesticide or bio-pesticide that is safe for humans and other mammals living on Earth. It is a secondary metabolite present in neem tree seeds. Azadirachtin is a yellowish powder extracted from the neem seed kernels and is used for management of agriculturally important pests, after extracting neem oil. Pesticide azadirachtin belongs to tetracyclic triterpenoid compounds and is recognized worldwide as a broad-spectrum insecticide. The pesticide has high efficiency, low toxicity, easy bio-degradation and fewer residues. Azadirachtin is used to prevent more than 400 pests of 10 orders in agriculture, forestry, warehousing and health. Due of its special effect on lepidoptera and coleoptera there is no harm to humans, animals and environment.

Azadirachtin is a naturally occurring substance that belongs to an organic molecule class called tetranortriterpenoids. It controls the process of insect metamorphosis in agricultural farms by stopping insect’s or pests life cycle. Residual of azadirachtin insecticide is evident on crops for 7 to 10 days or longer. Azadirachtin is used to control whiteflies, aphids, thrips, fungus gnats, caterpillars, beetles, mushroom flies, mealy bugs, leaf miners, gypsy moths and others on food, greenhouse crops, ornamentals and turf. Azadirachtin is harmless to spiders, butterflies, and insects such as bees that pollinate crops and trees, ladybugs that consume aphids and wasps that act as parasites on various agricultural crops.

Europe azadirachtin industry is witnessing a double digit growth over the past years due to more consumption in agricultural sector. The affordability of azadirachtin bio-pesticide and increasing sales within Europe’s azadirachtin market has witnessed a continuing growth. There is an increasing demand for natural and organic bio pesticides in European agricultural sector due to the rise in awareness about the use of chemical-free and less toxic pesticides. There is a huge demand for efficient bio pesticides and the increase in stringent regulations on the use of toxic chemical-based pesticides is driving the azadirachtin industry. Moreover, it was observed that there is an increasing demand for food security with the availability of agricultural land that propels the growth of azadirachtin industry. Europe accounts for a major share in azadirachtin industry. Rise in investments in R&D activities are expected to pose lucrative opportunities in European azadirachtin industry over the next few years.

To know more, click on the link below:-

https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/europe-azadirachtin-industry-situation-and-prospects-research-report/145858-101.html

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Richa Sharma

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Ken Research provides bespoke industry intelligence, equity research reports and business consulting services on gamut of sectors across the globe.

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