Biorational Pesticides Market Share is growing with the CAGR of 4.49% during forecast period of 2021 to 2028 and is expected to reach USD 555.97 billion by 2028. Biorational pesticides are pest control materials that are less toxic and harmful to humans, animals, and environment. The products are mostly considered natural and are permitted to be used in organic farming. The increasing awareness regarding environmental sustainability and consumer shift to organic food are the major market drivers. The market has high potential in developing countries. However, the lack of basic infrastructure, along with low shelf life of these products, is restraining the growth of the market. The major players are focusing on innovation and geographical diversification to expand in the market.
The global biorational pesticides market has been segmented based on source, mode of application, type, crop type, and region.
By source, the global biorational pesticides market has been classified as botanical, microbials, minerals, and others.
On the basis of mode of application, the global biorational pesticides foliar spray, soil treatment, trunk injection, and others.
The global biorational pesticides market has also been segregated, on the basis of type, into biorational insecticides, biorational fungicides, biorational nematicides, and others.
On the basis of crop type, the global biorational pesticides fruits & vegetables, cereals & grains, oilseeds & pulses, and others.
The global biorational pesticides market has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.
The North American biorational pesticides market has further been segmented into the US, Canada, and Mexico. The European biorational pesticides market has been classified as Germany, France, Italy, Spain, the UK, and rest of Europe. The biorational pesticides market in Asia-Pacific has been divided into China, India, Japan, Australia & New Zealand, and rest of Asia-Pacific. The biorational pesticides market in the rest of the world has been segmented into South America, the Middle East, and Africa.
Key Players
Bayer AG (Germany), Syngenta AG (Switzerland), Monsanto Bioag (US), BASF SE (Germany), Dowdupont (US), Valent Biosciences (Canada), Isagro SAP (Italy), Koppert (The Netherlands), Marrone Bio Innovations (US), and Russell IPM (UK) are some of the key players in the global biorational pesticides market.
Global Biorational Pesticides Market Share (%), by Region, 2020
Source: Secondary Sources and MRFR Analysis
North America is expected to dominate the market for biorational pesticides during the forecast period owing to the increasing demand for organic products in the region. However, the market in Asia-Pacific is projected to register the highest CAGR during the forecast period with China and India being the largest country-level markets for biorational pesticides in the region. Increasing environmental concerns, awareness regarding the benefits of biorational pesticides, and growing cultivation of fruits & vegetables in the region are major drivers boosting the demand for biorational pesticides.
Intended Audience
Frequently Asked Questions (FAQ) :
biorational pesticides market includes players like Syngenta AG (Switzerland), Bayer AG (Germany), BASF SE (Germany), Monsanto Bioag (US), Valent Biosciences (Canada), Isagro SAP (Italy), Dowdupont (US), Marrone Bio Innovations (US), Koppert (The Netherlands), and Russell IPM (UK)
biorational pesticides market report includes types like biorational fungicides, biorational nematicides, biorational insecticides, and others.
biorational pesticides market report includes crop types like cereals & grains, oilseeds & pulses, fruits & vegetables, and others.
biorational pesticides market report includes applications like soil treatment, trunk injection, biorational pesticides foliar spray, and others.
biorational pesticides market may find growth difficult with lack of infrastructure and low shelf life.
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