An influential Biopesticides Market report consists of an extensive study of diverse market segments and regions, emerging trends along with major drivers, challenges, and opportunities in the market. Market segmentation is a significant parameter that categorizes the market depending upon application, vertical, deployment model, end-user, and geography etc. This business research report also provides CAGR value fluctuation in percentage during the forecast period of 2022-2029 for the market. Additionally, Biopesticides Market report has been structured by keeping in mind all the foremost aspects of the market research that put forth market landscape simply into focus.
An international Biopesticides Market report presents intelligent solutions to the multifaceted business challenges and instigates an effortless decision-making process. Such a great report has been prepared by a team of enthusiastic analysts, skilled researchers, and experienced forecasters who work meticulously for the same.
Global Biopesticides Market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 15.2% in the forecast period of 2021 to 2028 and is expected to reach USD 4, 805.42 million by 2028. The demand for biopesticides is increasing due to its potential applications.
Market Overview
Biopesticides are type of pesticides which are derived from natural materials such as plants, animals, bacteria and certain minerals. For instance, canola oil and baking soda have pesticidal applications and they are considered as a biopesticides. There are three major categories of the biopesticides, namely, biochemical pesticides, microbial pesticides and plant-incorporated-protectants (PIPs). These biopesticides are usually less toxic than chemical pesticides and affect only the target pest and closely related organisms. Biopesticides offer various advantages such as helps reducing the environmental pollution, soil contamination and also reduces the toxic traces from the food chain. They decompose easily in comparison to chemical pesticides and also help in increasing the yield of the crop. They are often used as the component of integrated pest management (IPM) programs to get the most efficient results.
Some of the major players operating in this market are Syngenta Crop Protection AG, Bionema, Vegalab SA, STK bio-ag technologies, Andermatt Biocontrol AG, Koppert Biological Systems, Corteva, Bayer AG, Biobest Group NV, Certis USA L.L.C., Valent BioSciences LLC, Novozymes, BASF SE, IPL Biologicals Limited, Terramera Inc., Khandelwal Bio Fertilizer, Isagro, Gowan Company, Parry America, Inc., Barrix Agro Sciences Pvt Ltd, BioWorks Inc., Marrone Bio Innovations, FMC Corporation, UPL, Nufarm, Bioline AgriSciences ltd, Biofa GmbH, BioConsortia, Inc., McLaughlin Gormley King Company, W. Neudorff GmbH KG and among others
Explore Further Details about This Research Biopesticides Market Report
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Global Biopesticides Market Scope and Market Size
Global biopesticides market is segmented into six notable segments which are based on type, source, form, application, category and crops. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
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- On the basis of type, the biopesticides market is segmented into bioinsecticides, biofungisides, bionematicides, bioherbicides and others. In 2021, bioinsecticides segment has the largest market share owing to the factor such as increasing demand for natural and environmentally friendly pesticides which also have a wide range of pathogenic action.
- On the basis of source, the biopesticides market is segmented into microbials, biochemical and insects. In 2021, microbials segment has the largest market share owing to the factors such as rising concern for human health and the environment among farmers and increasing demand for biologically based pesticides to reduce the pollution and toxic residue level from the environment.
- On the basis of form, the biopesticides market is segmented into dry and liquid. In 2021, liquid segment has the largest market share owing to the benefits that the biopesticides form can be used to protect crops from a wide range of plant pathogens in various cultivated environments such as fields, nurseries and protected cultivation systems.
- On the basis of application, the biopesticides market is segmented into foliar application, fertigation, soil treatment, seed treatment and other. In 2021, foliar application segment has the largest market share as it requires less soil interaction. Moreover, foliar application is the preferred method of application as it avoids potential tie up of nutrients.
- On the basis of category, the biopesticides market is segmented into agriculture and horticulture. In 2021, agriculture segment has the largest market share as the farmers are shifting the focus towards the organic type of farming by avoiding synthetic chemical usage in the farming practices.
- On the basis of crops, the biopesticides market is segmented into fruits & vegetables, cereals & grains, oilseeds & pulses, turf & ornamentals and other crops. In 2021, fruits & vegetables segment has the largest market share due to rising demand of these products among health-conscious consumers. Moreover, the market is further expected to grow due to the rise in vegan consumers.
Analysis on the market gives us these points Biopesticides Market
- To gain insights about the major regional insights in which the Biopesticides Market is flourishing.
- To strategically profile key players and comprehensively analyze their Biopesticides Market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
- Product Development/Innovation: Detailed insights on the product approvals, R&D activities, and product launches in the Biopesticides Market Recent industry trends and developments
- To describe and forecast the Biopesticides Market , in terms of value, by process, product type, and industry.
- Potential and niche segments/regions exhibiting promising growth
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