The global Biological Pesticide market was valued at US$ 1671 million in 2020 and it is expected to reach US$ 3174.5 million by the end of 2027, growing at a CAGR of 9.1% during 2021-2027.
Biopesticides or biological pesticides are used for controlling various insects and against pathogens that cause diseases. The various forms of biopesticides include bioinsecticides, biofungisides and bionematicides. The benefits derived from the usage of biopesticides in agriculture and in public health, programs are considerable. The global consumption of biopesticides over chemical pesticides is increasing due to its ecofriendly nature. As biopesticides are target-specific they are considered to be relatively safer to non-target organisms including humans. Registration of biopesticides is very easy hence; most of the countries have switched from chemical pesticides to biopesticides.
The main drivers for the biopesticide market include the switch from other crops to organic crops, which requires the use of biopesticides. The global consumer demand for biopesticides is increasing continually. The chemical pesticide market is declining continually due to the stringent regulations passed against its use due to the damage caused to the environment. These regulations occur specifically in Europe and America where the use of biopesticides as a substitute is widely accepted.
Global Biological Pesticide Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Biological Pesticide Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Bayer, Syngenta, Basf, Monsanto, Dow, Dupont, Adama, Fmc, Nufarm, Arysta, Upl, Mitsui Chemicals, Cheminova, Sumitomo chemical and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-biological-pesticide-market-outlook
Segment by Type
- Botanical Pesticide
- Zooid Pesticide
Segment by Application
Table of Content:
1 Biological Pesticide Market Overview
2 Biological Pesticide Market Competition by Manufacturers
3 Biological Pesticide Retrospective Market Scenario by Region
4 Global Biological Pesticide Historic Market Analysis by Type
5 Global Biological Pesticide Historic Market Analysis by Application
6 Key Companies Profiled
7 Biological Pesticide Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Biological Pesticide Market Dynamics
10 Global Biological Pesticide Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.