The market for insecticides based on pyrethroids in France has shown a consistent declining trend from 2013 through 2023. In 2023, the sold production stood at 36.107 million Euros. The most significant year-on-year variation occurred in 2016 with a decline of 23.37%, and the last two years saw negative variations of 6.13% in 2022 and 6.39% in 2023. From 2019 to 2023, the compound annual growth rate (CAGR) has been -5.91%, indicating a consistent annual decline. Forecasted data suggests an ongoing decrease with a forecasted 5-year CAGR of -7.01%, projecting the market to reduce by approximately 30.47% by 2028.
Future trends to watch for include:
• Environmental regulations tightening, which could further impact production.
• Market shift towards sustainable and eco-friendly alternatives to pyrethroids.
• Technological advancements potentially introducing more effective, low-toxicity substitutes.
• Fluctuations in agricultural practices and pest resistance trends affecting demand.
