Biopesticides Market size was valued at US$ 4.30 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 14.8% through 2021 to 2027, reaching nearly US$ 11.30 Bn.
Pesticides made from natural substances such as animals, plants, microbes, and minerals are known as biopesticides. Pesticidal properties of canola oil and baking soda, for example, make them biopesticides. Biopesticides are currently used to control invertebrate pests, plant diseases, and weeds. Microorganisms used include bacteria, yeasts, fungi, and viruses. Biopesticides can directly or indirectly kill dangerous organisms by disrupting reproduction or simply deterring pests with compounds they don't like.
Introduction of Biopesticides market:
Each and every insight presented in the report was published by an expert group of Stellar Market Research, which is derived from primary interviews with top officials from leading companies in the domain concerned. The report’s secondary data research methodology includes deep online and offline research and discussion with expert professionals and analysts in the Biopesticides industry. In the report, Biopesticides market reports, industry trends have been explained on the macro level, which is expected to help to find an outline market landscape and probable future issues.
Biopesticides Market Overview:
The SMR Biopesticides Market report examines the upstream, midstream, and downstream industries' historical and projected growth. The market study goes into detail about the overall market size, overall revenue, and market segmentation. The SMR research thoroughly considers a variety of factors, including current market competition, potential growth barriers, and profiles of key manufacturers, as well as production and consumption by relevant areas.
Biopesticides Market Key players:
BASF SE (Germany)
Syngenta AG (Switzerland)
Bayer AG (Germany)
Marrone Bio Innovation (US)
Novozymes A/S (Denmark)
Nufarm (Australia)
UPL Ltd (India)
Koppert Biological Systems (Netherlands)
Vegalab S.A (US)
Biobest Group NV (Belgium)
FMC Corporation (US)
STK Bio-ag (Israel)
Bionema (US)
International Panaacea Ltd (India)
Som Phytopharma India Ltd (India)
BioWorks, Inc. (US)
Valent Biosciences LLC (US)
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Biopesticides Market Drivers:
Growing global demand for organic food and organic agriculture drives up demand for biological pesticides, propelling the Biopesticides Market forward. Customers are supporting chemical-free production methods as they become more aware of the chemicals used in food production and the potential dangers of chemical residue on food, pushing growers toward organic farming and thus increasing demand for biopesticides.
Biopesticides Market Segmentation:
Because of growing awareness of the benefits of coated fertilizers and growing government support in the form of subsidies and policy changes, coated fertilizers are becoming more widely used. Government policies and regulations like these help to drive market growth on a global scale. These are the factors expected to drive the growth of the Coated and Encapsulated segment in the Biopesticides market between 2021 and 2027.
Prime Reasons to purchase a Biopesticides Market report:
The goal of the Biopesticides market report is to help consumers to gain more information and a clearer understanding of the industry. The Biopesticides market growth analysis includes development trends, competitive landscape analysis, investment plan, business strategy, opportunity, and key regions development status for international markets.
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Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business.
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Mar 03, 2023
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