Global Pyrethrum Extract Market Outlook
Revenue, 2024
$512M
Forecast, 2034
$960M
CAGR, 2025 - 2034
6.5%
The Pyrethrum Extract industry revenue is expected to be around $544.9 million in 2025 and expected to showcase growth with 6.5% CAGR between 2025 and 2034. The strong growth seen in the Pyrethrum Extract industry can be attributed to a number of factors that are driving it forward significantly. One of the reasons for this is the growing global awareness about health and the increasing demand for natural ingredients in various sectors. Pyrethrum Extract comes from the Chrysanthemum cinerariifolium plant. has become popular due to its natural properties and effectiveness as a powerful biopesticide. Given the increasing understanding of the impacts of synthetic pesticides its importance, in today's market should not only be underestimated. The broad application of this product, in farming activities and its healing benefits highlight its importance today. The promising opportunities it holds for the future.
The Pyrethrum Extract is known for its ingredients and lack of harmful synthetic chemicals. It is widely used in pest control due, to its insect killing abilities.
Market Key Insights
- The Pyrethrum Extract market is projected to grow from $511.6 million in 2024 to $960 million in 2034. This represents a CAGR of 6.5%, reflecting rising demand across Pest Control & Management, Personal Care and Agriculture & Horticulture.
- Botanical Solution Inc., Horizon Sopyrwa Ltd., KAPI are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Pyrethrum Extract market and are expected to observe the growth CAGR of 4.2% to 6.2% between 2024 and 2030.
- Emerging markets including Nigeria, Vietnam and Colombia are expected to observe highest growth with CAGR ranging between 7.5% to 9.0%.
- Transition like Expansion into organic farming has greater influence in U.S. and China market's value chain; and is expected to add $23 million of additional value to Pyrethrum Extract industry revenue by 2030.
- The Pyrethrum Extract market is set to add $449 million between 2024 and 2034, with manufacturer targeting Agricultural Use & Pharmaceutical Application projected to gain a larger market share.
- With Rising demand in pest control applications, and Integration in crop protection practices, Pyrethrum Extract market to expand 88% between 2024 and 2034.
Opportunities in the Pyrethrum Extract
Incorporating natural ingredients is also gaining popularity in emerging markets like those found in developing countries, across Asia.
Growth Opportunities in North America and Asia Pacific
North America is a market for Pyrethrum Extract led by the United States due to its strong agricultural industry presence in the region. The demand for this insecticide is being fueled by industries such as pharmaceuticals, cosmetics and animal health looking for eco friendly alternatives, to synthetic chemicals. Having a established market offers various opportunities for major players to enter, with existing supply chains and distribution networks making it easier to reach consumers. Despite the competition in the region because of many well known producers of pyrethrum extract existing there already. The continuous advancements and creativity, in agricultural technology help to keep the regions growth going strong.
The Pyrethrum Extract market in the Asia Pacific region is set to experience growth due to the increasing need for natural insecticides in countries like China and India with thriving economies and a strong focus on agriculture going towards organic farming practices leading to a rise in demand for Pyrethrum Extract products alongside the growing awareness among consumers, about the harmful impacts of synthetic insecticides driving market growth. The region is brimming with chances. Contends fiercely with local and regional competitors who grasp the desired product features and pricing preferences well.
Market Dynamics and Supply Chain
01
Driver: Rising Demand in Pest Control Applications, and Inclusion in Personal Care Products
The use of Pyrethrum Extract has also seen an increase in the field of pest control lately due to its powerful insect killing capabilities and eco friendly nature as a compound derived from organic sources It offers a greener option compared to harsh chemical pesticides The rise in demand for natural alternatives fueled by the growing environmental awareness has also led to a booming market, for Pyrethrum Extract products. Recognizing the antibacterial and antifungal characteristics of Pyrethrum Extract has also led to its growing use in personal care and beauty products. The rising popularity of ingredients in the cosmetics sector has also fueled a surge in demand for Pyrethrum Extract and is also playing a key role, in the markets growth.
Pyrethrum Extract has also become increasingly important in the Agtech sector due to its role in crop protection methods used by farmers seeking farming practices and healthy crops growth. Thanks to the rise in agriculture and the demand for efficient crop protection solutions the market for Pyrethrum Extract is also, on the rise.
02
Restraint: Regulatory Challenges
The Pyrethrum Extract market is heavily regulated on a scale with strict standards that govern various stages of production and distribution of the extract across different regions worldwide. Companies in the market are faced with the task of adapting to diverse requirements which vary from one location to another. This variability poses challenges for businesses aiming to streamline their processes and products to meet these standards efficiently. Adherence to regulations typically results in increased expenses and time investments that may act as barriers for new players and small businesses, with constrained resources. Nevertheless these criteria also highlight the importance of maintaining uniformity in the quality safety and dependability of products a factor that might discourage buyers and subsequently decrease the demand, in the market overall.
03
Opportunity: Leveraging Pyrethrum Extract in Natural Pesticides and Pyrethrum Extract Use in Veterinary Sector
Given the growing worries over the effects of artificial pesticides there seems to be a promising market opportunity for using pyrethrum extract as a natural pesticide alternative. Crafted from the petals of particular chrysanthemum plants this extract has shown its prowess in warding off and eradicating different pests particularly when mixed with other natural elements. The worldwide trend towards agriculture and environmentally friendly methods might lead to significant market expansion for pyrethrum extract, in this capacity.
The field of medicine also offers a promising opportunity for utilizing this extract effectively in the treatment and management of external parasites in pets using pyrethrum extract as a natural remedy. This approach offers environmentally friendly solutions for animal care practices. Given the rising popularity of remedies in pet healthcare and the growing market demand there is potential, for pyrethrum extract to expand its market presence significantly.
04
Challenge: High Production Cost
The production of Pyrethrum Extract involves an intricate extraction process that requires a significant amount of both funds and labor efforts. This considerable production cost directly affects the pricing of the product and diminishes its competitiveness when compared to the synthetic alternatives offered in the market.
Supply Chain Landscape
1
Cultivation & Harvesting
McLaughlin Gormley King CompanyAgro Africa Limited
2
Extraction & Purification
Botanical Resources AustraliaHorizon Sopyrwa
3
Product Formulation
Bayer Crop ScienceSumitomo Chemical
4
Distribution & Sale
JaquarRentokil Initial
1
Cultivation & Harvesting
McLaughlin Gormley King CompanyAgro Africa Limited
2
Extraction & Purification
Botanical Resources AustraliaHorizon Sopyrwa
3
Product Formulation
Bayer Crop ScienceSumitomo Chemical
4
Distribution & Sale
JaquarRentokil Initial
Applications of Pyrethrum Extract in Pest Control & Management, Personal Care & Agriculture & Horticulture
Pest Control & Management : Pyrethrum Extract is commonly used in the pest control industry because of its safe properties. This ingredient is found in household insecticides and is known for its fast action against insects key players, in this field are FMC Corporation and Bayer who have utilized the benefits of Pyrethrum Extract to create effective pest control products that are environmentally friendly. these industry leaders maintain their dominance through innovative approaches and utilizing Pyrethrum Extract effectively in their formulations and strategies.
Agriculture & Horticulture : In the field of farming and gardening Pyrethrum Extract is considered a weapon against a wide range of pests. It is commonly used in creating insecticides derived from Pyrethrum to protect crops from insect harm that can significantly reduce yields. Major companies like BASF and Syngenta have effectively integrated this blend into their pest control methods utilizing its insect killing qualities to offer an eco friendly secure, and effective substitute, for conventional insecticides.
Personal Care : Pyrethrum Extract is also used in the personal care sector because of its insecticide properties that can be found in items, like lice shampoos or mosquito repellents.
Recent Developments
October 2024 : Zhejiang New Rise Biochemicals Co., a supplier of natural plant extracts has broadened its range of offerings to feature a more potent Pyrethrum Extract creating new possibilities for its use, in the field of pest control.
August 2024 : Endura Naturals introduced a method, for extracting Pyrethrum Extract that enhances the yield and upholds strict purity standards in the industry.
June 2024 : In a move to expand its market reach to consumers Dabur India Ltd., a prominent player, in global wellness and Ayurvedic products industry introduced Pyrethrum Extract in its latest line of natural pest control solutions.
In times there has been a growing demand for Pyrethrum Extract due to its various uses in pest control applications. The extract is being recognized for its eco nature and efficiency in tackling pests. This surge, in market interest has led to focus on exploring its chemical characteristics and refining the extraction processes.
Impact of Industry Transitions on the Pyrethrum Extract Market
As a core segment of the Agrochemicals industry,
the Pyrethrum Extract market develops in line with broader industry shifts.
Over recent years, transitions such as Expansion into organic farming and Biomedical Applications Exploration have redefined priorities
across the Agrochemicals sector,
influencing how the Pyrethrum Extract market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Expansion into organic farming
The use of Pyrethrum Extract is on the rise in the farming community because of its proven effectiveness in controlling pests without posing harm to humans and beneficial insects making it a popular option for those looking for natural pest control solutions. This shift is having an impact on the organic agriculture sector as it provides a dependable and environmentally friendly substitute, for artificial pesticides. Utilizing it not only enhances crop yields but also aligns with the core principles of organic farming thereby justifying the higher prices associated with organic products. This industry transition is expected to add $23 million in the industry revenue between 2024 and 2030.
02
Biomedical Applications Exploration
Pyrethrum Extract is undergoing a shift towards biomedical research as well. Showing promise in fighting malaria and cancer treatments alike! Its anti malarial uses are making waves in pharmaceuticals, for developing treatment options while its potential anti cancer qualities are being harnessed by the cosmetics industry to create innovative skincare products and expand the popularity of Pyrethrum Extract.