Biopesticides Market is expected to undergo a CAGR of 8.91% during the forecast period 2021 to 2028.
Market Analysis and Insights Biopesticides Market
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.
The demand for the biopesticides are increasing with the rising concerns for environmental as well as human health which is the reason why farmers are more inclined to opt for more natural and biological based pesticides. Also, the increasing number of approvals and registration of biopesticides under various governmental bodies such as EPA is encouraging manufacturers to launch more new biopesticides products to fulfil the growing demand of consumers as well as farmers. Also, increase in the knowledge regarding the benefits of using biopesticides to human health and environment is increasing the demand for biopesticides products worldwide.
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.
·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.
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Biopesticides Market Country Level Analysis
The countries covered in the global biopesticides market report are U.S., Canada, Mexico in North America, Germany, France, Spain, Turkey, U.K., Netherlands, Russia, Switzerland, Belgium, Luxemburg, Italy and rest of Europe in Europe, China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, Indonesia, Philippines and rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina and rest of South America in South America, South Africa, Saudi Arabia, Egypt, UAE, Israel and rest of Middle East and Africa (MEA) in Middle East and Africa (MEA).
Competitive Landscape and Biopesticides Market Share Analysis
The Biopesticides Market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Biopesticides Market.
Key Players Biopesticides Market
- Syngenta Crop Protection AG
- Vegalab SA
- STK bio-ag technologies
- Andermatt Biocontrol AG
- Koppert Biological Systems
- Bayer AG
- Biobest Group NV
- Certis USA L.L.C.
- Valent BioSciences LLC
- 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
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Global Biopesticides Market by Product & Procedure type
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