North America Potassium Soap Insecticides Market Size & Outlook
North America potassium soap insecticides market, 2018-2030 (US$K)
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North America potassium soap insecticides market highlights
- The North America potassium soap insecticides market generated a revenue of USD 815.2 thousand in 2022.
- The market is expected to grow at a CAGR of 9.3% from 2023 to 2030.
- In terms of segment, horticulture was the largest revenue generating application in 2022.
- Outdoor Gardening is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 815.2 thousand |
| Market revenue in 2030 | USD 1,656.8 thousand |
| Growth rate | 9.3% (CAGR from 2022 to 2030) |
| Largest segment | Horticulture |
| Fastest growing segment | Outdoor Gardening |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD thousand |
| Market segmentation | Horticulture, Indoor Gardening, Outdoor Gardening, Field Crops |
Other key industry trends
- In terms of revenue, North America region accounted for 9.8% of the global potassium soap insecticides market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 1,656.8 thousand by 2030.
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Potassium Soap Insecticides Market Scope
Potassium Soap Insecticides Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America potassium soap insecticides market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to potassium soap insecticides market will help companies and investors design strategic landscapes.
Horticulture was the largest segment with a revenue share of 78.9% in 2022. Horizon Databook has segmented the North America potassium soap insecticides market based on horticulture, indoor gardening, outdoor gardening, field crops covering the revenue growth of each sub-segment from 2018 to 2030.
Organic farming is a growing trend in North America, and potassium soap insecticide is a common ingredient in organic pest control products. This is driving the demand for potassium soap insecticide as more farmers transition toward organic farming practices.
According to the 2023 Organic Industry Survey, in 2022, organic food sales in the U.S. surged past the USD 60 billion mark, marking a historic milestone and underscoring the robust growth of organic industry.
The overall organic sector, encompassing both organic food and non-food products, reached an all-time high of USD 67.6 billion in sales. This significant increase reflects the enduring consumer demand for organic goods driven by health and sustainability concerns and showcases the sector's ongoing strength and resilience in the market.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America potassium soap insecticides market , including forecasts for subscribers. This continent databook contains high-level insights into North America potassium soap insecticides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America potassium soap insecticides market outlook size, by country, 2018-2030 (US$K)
North America Potassium Soap Insecticides Market Outlook Share, 2022 & 2030 (US$K)
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