The global demand for Biopesticides Market is presumed to reach the valuation of nearly USD XXX MN by 2026 from USD XXX MN in 2019 with a CAGR of X.XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XXX KT in 2019 and foreseen to touch XXX KT by 2026 with a CAGR of X.X% during 2020-2026.
Biopesticides are an organic pest control that is produced by using organic or naturally occurring substance, for instance plants, biochemical and microbes. The most commonly used products are boherbicides, bioinsecticides and bio fungicides. These pesticides help in controlling the growth of pest and insects on crop and are generally used through foliar spray or directly mix with the soil for the treatment of crops. These pesticides are less toxic and highly efficient over traditionally used synthetic pesticides.
Market Dynamics
Noteworthy growth in the agriculture sector coupled with rising trend of organic farming practices, act as a key factor driving the market growth. Moreover, rising consumer awareness about adverse effect on environment of using synthetic pesticides and other agricultural additives is also providing a boost to the market growth. In addition to this, shifting consumer preference towards organic food is creating positive impact on the market growth. Apart from this, innovations in the agricultural sciences and the favourable government policies to promote sustainable farming practices, are anticipated to drive the market in the upcoming years.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of biopesticides.
Market Segmentation
The entire biopesticides market has been sub-categorized into product, source, application, crop type. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product
- Bioherbicides
- Bioinsecticides
- Biofungicides
- Others
By Source
- Microbials
- Plant Extract
- Biochemicals
By Application
- Foliar Spray
- Seed Treatment
- Soil Treatment
- Post-Harvest
By Crop Type
- Cereals and Grains
- Oilseeds and Pulses
- Fruits and Vegetables
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for biopesticides market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Biopesticides Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the biopesticides market include BASF, Bayer Cropscience, Certis USA LLC, FMC Corporation, Isagro, Koppert B.V., Marrone Bio Innovations, Novozymes Biologicals, Stockton (Israel) Ltd., Syngenta, The Dow Chemical Company, Valent BioSciences Corporation. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
METHODOLOGY:
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.