Biopesticides Market Insight Report, Growth, Demand, Size and Forecast 2021-2026

According to the latest report by IMARC Group, titled "Biopesticides Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," offers a comprehensive analysis of the industry, which comprises insights on biopesticides market growth. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global biopesticides market reached a value of US$ 3.96 Billion in 2020. Looking forward, the market value is expected to exceed US$ 8.65 Billion by 2026, registering a CAGR of 14% during 2021-2026.

Biopesticides refer to organic pest repellants derived from naturally occurring substances like plants, microbes, and biochemicals. Biopesticides are inherently less toxic than conventional pesticides and often decompose quickly, resulting in lower exposure and less pollution. The increasing awareness about environmental safety, higher crop quality, and production associated with the use of biopesticides is encouraging market players to invest in biopesticide production.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Global Biopesticides Market Trends:

The increasing adoption of organic farming practices and the significant growth in the agriculture industry are the key factors augmenting the demand for biopesticides. The promising growth trajectory of organic agriculture is anticipated to benefit the market with higher demand for natural plant protection products. Additionally, the ban on chemical pesticides in various countries due to deteriorating soil conditions and growing concern regarding residue levels in food products are positively impacting the market growth. In line with this, the increasing product demand from theme and recreational parks and golf courses to control pests is creating favorable growth opportunities for the market.

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Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

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

Market Segmentation:

Our report has categorized the market based on region, product, formulation, source, mode of application and crop type.

Breakup by Product:

Bioherbicides
Bioinsecticides
Biofungicides
Others

Breakup by Formulation:

Liquid
Dry

Breakup by Source:

Microbials
Plant Extract
Biochemicals

Breakup by Mode of Application:

Foliar Spray
Seed Treatment
Soil Treatment
Post-Harvest

Breakup by Crop Type:

Cereals and Grains
Oilseeds and Pulses
Fruits and Vegetables
Others

Breakup by Region:

North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

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