Australia Biopesticides Market Industry Trends and Forecast, 2022-2031

𝐁𝐢𝐨𝐩𝐞𝐬𝐭𝐢𝐜𝐢𝐝𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝟐𝟎𝟑𝟏

The strong global biopesticides market was valued over US$ 10.4 Bn in 2021
It is estimated to grow at a CAGR of 14.2% from 2022 to 2031
The global biopesticides market is expected to exceed value of US$ 34.5 Bn by the end of 2031

𝐑𝐞𝐚𝐝 𝐫𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 - https://www.transparencymarketresearch.com/biopesticides-market.html

𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 𝐨𝐟 𝐁𝐢𝐨𝐩𝐞𝐬𝐭𝐢𝐜𝐢𝐝𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

Biopesticides, also known as biological pesticides, are pesticides derived from natural materials such as animals, plants, bacteria, and certain minerals. Typically, biopesticides have unique modes of action and are considered reduced-risk pesticides. Most are selective, leave little or no toxic residue, and have significantly lower development costs than traditional synthetic chemical pesticides. Biopesticides possess various appealing properties that make them valuable components of integrated pest management (IPM). Many biopesticides are suitable for small-scale production and can be applied using farmers' existing spray equipment. The use of biopesticides in integrated pest management (IPM) systems can significantly reduce the usage of chemical pesticides. It allows the use of multiple management approaches and technologies. This is driving research on biopesticides in many institutions and companies.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=116

𝐑𝐢𝐬𝐞 𝐢𝐧 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐁𝐢𝐨-𝐛𝐚𝐬𝐞𝐝 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐈𝐧𝐩𝐮𝐭 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐭𝐨 𝐅𝐢𝐠𝐡𝐭 𝐏𝐞𝐬𝐭𝐬 𝐚𝐧𝐝 𝐃𝐢𝐬𝐞𝐚𝐬𝐞𝐬

Biopesticides contain natural materials, which are less toxic and harmless to the environment. They are pivotal for the development of sustainable agricultural products. Biopesticides offer excellent performance efficiency in terms of pest prevention against a wide range of pests and pathogens. Additionally, they can be easily adopted in integrated pest management (IPM) programs. Hence, biopesticides are effective alternatives to chemical-based pesticides. Population growth is driving the demand for food, while the yield and production of crops are declining. Producers are depending more on chemical pesticides, which in the long run can have negative effects on the environment, humans, and animals. Infrastructure for storage and distribution of food grains and edible agricultural produce is lacking in developing and underdeveloped countries. Advanced agrochemicals such as biopesticides need to be used to maintain the balance between the environment and the rising demand for food. However, excessive use of conventional agrochemicals can harm the environment. Agro-product innovations, such as plant extract-based solutions, help combat diseases. They can improve the efficacy of biopesticides for integrated pest management (IPM) programs for a diverse range of crops across the globe.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 -https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=116

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐨𝐟 𝐆𝐥𝐨𝐛𝐚𝐥 𝐁𝐢𝐨𝐩𝐞𝐬𝐭𝐢𝐜𝐢𝐝𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

Biopesticides market in North America is expected to account for largest share in the global market during the forecast period. The North America held the largest value share of 38.2% of the global market in 2021. The rise in awareness about the harmful effects of chemical-based agro products and an increase in demand for organic food are major factors that are expected to drive market revenue growth during the forecast period.

Europe and the Asia Pacific are also major consumers of biopesticides. These regions accounted for 33.0% and 13.2% value share, respectively, of the global market in 2021. The rise in demand for high-quality crops to maintain export quality, regulatory bans on key active ingredients and the emergence of pests and diseases as a result of climate change are all paving the way for the use of biopesticides in Europe.

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐆𝐥𝐨𝐛𝐚𝐥 𝐁𝐢𝐨𝐩𝐞𝐬𝐭𝐢𝐜𝐢𝐝𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

The global biopesticides market is consolidated, with a small number of large-scale vendors controlling the majority of the share. Several companies are investing significantly in comprehensive research & development, primarily to develop environment-friendly products. Expansion of product portfolios and mergers and acquisitions are the key strategies adopted by key players. Some of the prominent entities operating in the market are Nufarm Ltd, FMC Corporation, Syngenta International AG, Novozymes A/S, AGRICHEM, and Gujarat State Fertilizers and Chemicals Ltd.

𝐌𝐚𝐤𝐞 𝐚𝐧 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 -https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=116

Each of these players has been profiled in the biopesticides market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

Nikhil Sawlani
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