The global acaricide market is expected to grow at a compound annual growth rate of 5.74% over the forecast period to reach a market size of US$401.025 million in 2025 from US$286.903 million in 2019. There is an imperative need for the elimination of rodents, pests, and other harmful organisms from the food, agricultural land, industries, and other sectors. There have been significant development and innovation of different types of pesticides, in the past few decades. Acaricides are one of those pesticides that are widely used in the agricultural field, industries, and other related sectors. They are the chemicals, which are used in the elimination of mites and termites. There is another type of pesticide called “Ixodicides”, which are sometimes related to Acaricides, as they are both used in the killing of ticks. There are different types of pesticides that are available in the market. Some of them are carbamates, organophosphorus, pyrethroids formamidines, Fipronil, and others. The synthetic type of pyrethroids is one of the most effective and safest pesticides, which are extensively used in the elimination of ticks. Fipronil is also registering a substantial demand as it is used against pests and ticks. Several methods are used to eliminate ticks from the livestock and other types of animals. The dipping method is widely popular as it is more convenient and easier. People working in the dairy or agricultural field, which also contains livestock animals, usually follow this straightforward and uncomplicated approach of dipping pets and livestock into a pesticide bath. The term is also known as cattle dip when it is used for cattle. But there are limitations of this specific method, as ticks often take refuge and shelter in the ears, inside the toes, or near the tail, and continues to grow and expand their numbers. Then, the spray method is used. Acaricides chemicals can be delivered through motorized or manual sprays, which cover every part of an animal body.
The Acaricides chemicals are mixed with liquid or talc and are deposited or applied directly onto the animal’s coat or fur. There are other innovative solutions to achieve long-lasting effects. Plastic collars are widely used to protect pets and livestock. The collars are incorporated and dipped with Acaricides, which gives effective and long-lasting protection to the animal's skin from ticks and other detrimental organisms. Major companies and institutions have invested a considerable sum of capital into the development of environment-friendly and non-contaminated solutions for pests and ticks control. Dipping and Spray races use chlorinated hydrocarbon and arsenical chemicals, which are often contaminated and leads to various environmental problems. Herbal and other methods are becoming popular, as there have been significant developments happening in the respective field. Although there are various environmental effects of using Contaminated Acaricides, the market will continue to prosper at a substantial rate.
Ticks have become a menace and a major problem for livestock and pet owners.Despite the presence of various types of Acaricides, Ticks continue to pose significant challenges in the animal husbandry industry. There has been a dearth of knowledge and skills regarding the usage of Acaricides Chemicals. Many farmers and livestock owners use substandard tick control methods, which leads to the development of resistance to acaricides chemicals, by different types of parasites. Ticks are responsible for health and nutrients deficiency in an animal. It also leads to the growth of various tick-borne diseases and problems, damage of skin, abortion, and death of valuable cattle or herds. The treatment to remove and cure diseases related to ticks is considered excessive, which develops a difficult economic and financial situation for the farmers or other respective owners. Some of the common diseases developed by the ticks are Babesiosis, Anaplasmosis, and East Coast Fever. ECF is a dangerous disease that spreads into both hybrid and indigenous cattle and leads to the development of tick colonies in those animals. Anaplasmosis is spread by blue ticks and leads to dehydration and high fever in animals. According to the Food and Agriculture Organisation, 80% of the global cattle population has tick infestation and there have substantial economic losses by that. The global impact has been around USD 7.3 per year. The cattle tick causes widespread financial and economic losses in the Brazilian Cattle Industry, which has been around USD 3.24 Billion annually.
There have been substantial and significant developments in the Acaricide Market in the past few years. Some of the developments are:
Segmentation: