Dublin, March 09, 2021 (GLOBE NEWSWIRE) — The “Microencapsulated Pesticides Market – Forecasts from 2021 to 2026” report has been added to ResearchAndMarkets.com’s offering.
The microencapsulated pesticides market was evaluated at US$421.152 million for the year 2020 growing at a CAGR of 10.93% reaching the market size of US$784.753 million by the year 2026. Microencapsulated Pesticides refers to coated pesticides capsules used for protection against pests in Crops field, agriculture goods warehouse and cattle feed protection in storage from pests. These are better than the liquid spray pesticides as that causes illness when it comes to frequent contact with skin while applying. However, the technique of applying remains same i.e. it is mixed with water and sprinkled on the crop field after which the capsule breaks open and gets active against pests.
As compared to the ordinary liquid pesticides, it has resulted in less odour, optimal quantity as desired, and enhanced safety. The cost of microencapsulation can vary considerably and is largely dependent upon the technique employed. The techniques influence the cost of the microencapsulated capsules. As the agriculture industry grows in size due to the change in consumption pattern demanding more crops for healthy, organic and vegan food, the demand for Microencapsulated Pesticides Market also increases. The market players are adopting the new strategies to turn the markets back to the usual scenario under the lockdown…
