The global demand for Biorational Pesticides Market is presumed to reach the market size of nearly USD 17.49 BN by 2030 from USD 6.37 BN in 2022 with a CAGR of 13.46% under the study period 2023 - 2030.
Biorational pesticides are pesticides that are derived from natural sources and are considered to be less harmful to the environment and non-target organisms than traditional chemical pesticides. These pesticides are designed to be effective against pests, along with being less damaging to the environment, including humans, wildlife, and beneficial insects. These are often highly specific in their mode of action and target only the pest species they are intended to control, leaving other beneficial insects unharmed.
Market Dynamics
Consumers are becoming more health-conscious and are increasingly demanding organic and pesticide-free food products. This supports the growth of biorational pesticides, which are safe to use and are more environmentally friendly than conventional chemical pesticides. Many governments are coming forward and introducing stricter regulations on the use of conventional chemical pesticides to protect human health and the environment, thereby supporting the use of these pesticides. The overuse of chemical pesticides has led to the development of resistance in many pest species. These products offer an alternative solution which is less likely to lead to resistance. Integrated pest management (IPM) is a comprehensive strategy for managing pests that integrates various pest control methods, including the use of biorational pesticides. The adoption of IPM practices is increasing globally, which is scaling up the demand for these markets. The agriculture and horticulture industries are growing rapidly, driven by increasing demand for food and population growth. Moreover, there is growing awareness among consumers and farmers about the environmental impact of conventional chemical pesticides, including their negative effects on pollinators, soil health, and water quality. This is adding to the demand for biorational pesticides.
The research 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 an inclusive assessment of each segment in the global market of biorational pesticides. The growth and trends of biorational pesticides industry provide a holistic approach to this study.
Market Segmentation
This section of the biorational pesticides market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Insecticides
- Fungicides
- Nematicides
By Source
- Botanical
- Microbial
- Non-Organic
By Mode Of Application
- Foliar Spray
- Soil Treatment
- Trunk Injection
By Crop Type
- Fruits & Vegetables
- Cereals & Grains
- Oilseeds & Pulses
By Formulation
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Biorational Pesticides market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Biorational Pesticides Market Share by Region (Representative Graph)
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 biorational pesticides market include Valent Biosciences (US), Bayer (Germany), Monsanto BioAg (Germany), BASF (Germany), DowDuPont (US), and Syngenta (Switzerland). This section consists of 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.
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