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Biorational Global Market Size, Share, By Source, By Mode Of Application, By Formulation, By Crop Type, By Region And Segment Forecasts, 2023-2032 | Isagro SpA, Summit Chemical Company, Gowan Company LLC, BASF SE, Suterra LLC
Biorational Market
Biorational Market Size, Growth Rate, And Forecast
The global biorational market size grew from $3.28 billion in 2022 to $3.82 billion in 2023 at a compound annual growth rate (CAGR) of 16.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The biorational market size is expected to grow to $6.59 billion in 2027 at a CAGR of 14.6%.
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Biorational Market Drivers
Increasing adoption of integrated pest management is driving the demand for biorational products going forward. Integrated Pest Management is a system of managing pests that has been designed to be sustainable.
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Biorational Market Segments
• By Product Type: Botanicals, Semiochemicals, Other Product Types
• By Formulation: Liquid, Dry
• By Crop Type: Cereals and Grains, Fruits and Vegetables, Other Crop Types
• By Application: Agriculture, Aquaculture, Structural Pest Control, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Biorational market.
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Biorational Market Key Players
Major competitors in the Biorational market include Isagro SpA, Summit Chemical Company, Gowan Company LLC, BASF SE, Suterra LLC, McLaughlin Gormley King, Marrone Bio Innovations, Biological Control Products, Russell IPM Ltd., Valent BioSciences LLC, and Sumitomo Chemical.
The Business Research Company's "Global Biorational Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table of Content for The Biorational Market Include:
1. Executive Summary
2. Biorational Market Characteristics
3. Biorational Market Trends And Strategies
4. Biorational Market - Macro Economic Scenario
5. Biorational Market Size And Growth
.....
26. Africa Biorational Market
27. Biorational Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Biorational Market
29. Biorational Market Future Outlook and Potential Analysis
30. Appendix
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