Biopesticides Market to Reflect Impressive Growth Rate During 2024 - 2031 | Valent BioSciences Corporation, Certis (US)

Market Overview:

The global biopesticides market size is expected to witness potential gains in the future, and register a significant CAGR of 15.92% over the forecast period (2019 - 2027). The market was valued at US$ 2.9 billion in 2018, and is expected to reach US$ 6.5 billion by 2027.

Market Dynamics:

Stringent regulations on conventional chemical pesticides and growing organic food industry are major drivers expected to contribute to growth of the global biopesticides market during the forecast period. Farmers are shifting towards biopesticides to follow stringent regulations framed by regulatory bodies on the use of chemical pesticides. The growth of organic food industry worldwide is also contributing to increasing demand for biopesticides. Further, the preference for organic food among health conscious consumers is adding to market growth. Additionally, increasing awareness about hazards of chemical pesticides and benefits of biopesticides are fueling the market growth.

💎 Sample Copy of the Report @ https://www.coherentmarketinsights.com/insight/request-sample/2722

Major Driver: Growing Concerns for Environmental Safety Leading to Increased Demand for Eco-Friendly Biopesticides

With the rising awareness regarding the harmful impacts of chemical pesticides on the environment as well as human health, consumers are increasingly preferring eco-friendly alternatives. Pesticides derived from natural sources such as plant extracts, bacteria, fungi, and certain minerals have negligible toxicity to humans, pets and wildlife as compared to conventional synthetic pesticides. They decompose quickly and do not leave harmful residues. The fact that biopesticides pose significantly lower risks makes them an attractive proposition for farmers as well as for commercial and household users interested in greener options. Growing consumer preference for organic produce also boosts the market potential for biopesticides. Several government regulations worldwide have imposed restrictions on highly toxic chemical pesticides whereas biopesticides are exempted, which encourages farmers to switch to safer and eco-friendly alternatives. Overall growing environmental concerns and stringent regulations will continue driving the demand for biopesticides in the coming years.

Significant Opportunity: Expanding Applications in Non-Agricultural Sectors

While agricultural applications form the mainstream market presently, ongoing research and development is expanding the scope of biopesticide usage to several non-farm sectors as well. Growing demand for eco-friendly pest control methods from public health, residential, commercial, industrial and infrastructure development sectors present lucrative opportunities. Low risks of biopesticides make them suitable for application in sensitive areas like schools, hospitals, food stores, hotels and indoor spaces where conventional chemicals cannot be used. They are gaining acceptance for controlling mosquitoes, termites, cockroaches, stored grain pests and seasonal insects attracted to outdoor lighting. Advances are being made in developing biopesticides effective against certain wood-destroying organisms and microbes deteriorating infrastructure. With increasing awareness about hazards of chemical alternatives, demand from non-agricultural commercial and government entities offers significant potential for future market gains. Continuous product innovations expanding the range of target pests beyond agricultural crops will unlock new opportunities.

💎 You Can Purchase Complete Report @ https://www.coherentmarketinsights.com/insight/buy-now/2722

Top Companies Featured in This Report:

★ Valent BioSciences Corporation
★ Certis (US)
★ Marrone Bio Innovations
★ Bioworks
★ FMC Corporation
★ Stockton Group
★ UPL
★ Bayer CropScience
★ BASF
★ Syngenta
★ Isagro
★ Koppert.

Key Regions/Countries Classified as Follows:

» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

Key Insights from the Global Biopesticides Market Market Analysis:

Market Size Evaluation: Assessing the value and sales volume of the Biopesticides Market market spanning from 2024 to 2031.
Market Trends and Dynamics: Analyzing the drivers, opportunities, challenges, and risks influencing the Biopesticides Market market.
Macro-economic and Regional Impacts: Exploring how global inflation and geopolitical events affect the Biopesticides Market market.
Segment Analysis: Examining the market value and sales volume of Biopesticides Market by type and application from 2024 to 2031.
Regional Market Overview: Assessing the current situations and future prospects of the Biopesticides Market market in different regions.
Country-level Studies: Providing insights into revenue and sales volume for major countries within each region.
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.

In summary, whether you're engaged in manufacturing, distribution, or investment within the Biopesticides Market sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.

💎 Request For Customization at: @ https://www.coherentmarketinsights.com/insight/request-customization/2722

Author Bio:

Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.

(LinkedIn: https://www.linkedin.com/in/alice-mutum-3b247b137 )

Contact Us

Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Australia: +61-2-4786-0457
India: +91-848-285-0837

About Us

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

This release was published on openPR.