Biorational Pesticides MarketAnalysis, Size, Opportunities, Leading Manufacturers, Share, Segmentation, Regional Analysis, and Forecast to 2028

Biorational Pesticides Market by Source (Botanical, Microbial, and Non-organic), Type (Biorational Insecticides, Biorational Fungicides, Biorational Nematicides, and Biorational Herbicides), Mode of Application, Formulation and Region - Global Forecast to 2028
The [https://www.marketsandmarkets.com/ResearchInsight/size-and-share-of-biorational-pesticides-market.asp?utm_source=abnewswire.com&utm_medium=Referral&utm_campaign=biorational-pesticide-market_230824] is expected to expand from USD 7.5 billion in 2023 to USD 15.1 billion by 2028, with a compound annual growth rate (CAGR) of 15.2% during this period. Growing awareness of the harmful impacts of synthetic chemical pesticides on ecosystems, biodiversity, and human health has driven a shift toward more environmentally friendly alternatives. Regulatory authorities are increasingly supporting biorational pesticides due to their lower toxicity and reduced environmental persistence compared to synthetic chemicals, which is fueling market growth.

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Biorational Pesticides Market Drivers [https://www.prnewswire.com/news-releases/biorational-pesticides-market-worth-15-1-billion-by-2028--exclusive-report-by-marketsandmarkets-302004204.html]: Government Initiatives on Chemical Pesticide Bans and Public Awareness Programs

The harmful effects of chemical pesticides on soil, the environment, and water bodies worldwide have led to a growing emphasis on promoting biopesticides in agriculture. This effort includes awareness campaigns and supportive policies that create a conducive environment for private sector participation. Rapid market growth is evident in South America, Asia Pacific, and Europe, fueled by initiatives that encourage the adoption and production of biorational pesticides by both farmers and producers.

In North America, the Environmental Protection Agency (EPA) oversees the markets for bioinsecticides, biofungicides, and bionematicides-key subcategories of biopesticides. The EPA manages their registration and monitors their impact on human health and the environment. The sale and distribution of biopesticides are governed by the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA), which ensures their safety under the Federal Food, Drug, and Cosmetic Act (FFDCA) for residue-free food and feed.

In India, the government has integrated the use of bioinsecticides into its Integrated Pest Management (IPM) strategy, which combines cultural, mechanical, and biological pest control methods. Central Integrated Pest Management Centers (CIPMCs) promote this approach, alongside the careful use of chemical pesticides when necessary, through initiatives such as Farmers Field Schools and training programs. These government initiatives are crucial in advancing the market for biorational pesticides, particularly bioinsecticides, by highlighting the importance of sustainable pest management practices.

Biorational Pesticides Market Opportunities [https://www.marketsandmarkets.com/ResearchInsight/emerging-trends-in-biorational-pesticides-market.asp?utm_source=abnewswire.com&utm_medium=Referral&utm_campaign=biorational-pesticide-market_230824]: Advancements in microbial research undertaken by key players across regions

Companies like Bayer AG (Germany) have made significant advancements in microbial and RNA interference (RNAi) technology, creating promising opportunities in the biorational pesticides market. Major industry players in crop protection have invested heavily in research, leading to the use of biological signals to trigger RNAi-specific genes. This innovation has the potential to enhance disease and pest resistance while improving crop yield and quality. A key development is the focus on creating sprayable RNAi products for biological crop protection. For example, Monsanto Company (before its acquisition by Bayer) received EPA approval in 2017 for a genetic engineering technology that uses RNA interference to combat insect pests. Additionally, Corteva Agriscience (US) secured licenses for two insect traits from Monsanto, including an RNAi rootworm trait. The growing adoption of this technology in the industry offers a novel solution, especially for managing rootworm traits.

What are the key benefits of using microbials in biorational pesticide production?

The growth of the biorational pesticides market is driven by the use of microbials such as bacteria, fungi, viruses, and protozoa to create environmentally sustainable pest control solutions. These microorganisms work through specific modes of action, effectively targeting pests while reducing the impact on the environment and non-target species. They are formulated into various products, including microbial-based insecticides, fungicides, and nematicides.

For example, Bacillus thuringiensis (Bt), a well-known microbial insecticide, highlights the market's commitment to eco-friendly solutions. Bt produces insect-toxic proteins that specifically target certain pests without posing risks to humans, animals, or beneficial insects. Bt-based products, widely used in agriculture and mosquito control programs around the world, illustrate the market's shift toward sustainable pest management practices.

Asia Pacific's Biorational Pesticides Market Expected to Experience the Highest CAGR During the Forecast Period.

The Asia Pacific region is expected to experience the highest Compound Annual Growth Rate (CAGR) in the market from 2023 to 2028, driven by the increasing adoption of eco-friendly pest control solutions. Japan's "Organic Village" initiative, spearheaded by the Ministry of Agriculture, Forestry and Fisheries (MAFF), aims to boost the organic farming share to 25 percent by 2050. This initiative reflects a strategic push toward organic practices, likely fueling the demand for biorational pesticides in the region.

Similarly, China's "14th Five-Year Plan for National Economic and Social Development" underscores a growing focus on organic and sustainable agriculture. The plan highlights efforts to enhance green agricultural standards and strengthen certification for green food, organic products, and geographical indications. This commitment to eco-friendly farming is expected to increase demand for biorational pesticides in China, positively impacting the growth trajectory of the Asia Pacific market.

Top Biorational Pesticides Companies [https://www.marketsandmarkets.com/ResearchInsight/biorational-pesticide-market.asp?utm_source=abnewswire.com&utm_medium=Referral&utm_campaign=biorational-pesticide-market_230824]:

The key players in this include BASF SE (Germany), Bayer AG (Germany), UPL (India), FMC Corporation (US), Syngenta AG (Switzerland), Novozymes A/S (Denmark), Sumitomo Chemical Co., Ltd (Japan), Pro Farm Group Inc (US), Koppert (Netherlands), Valent BioSciences LLC (US), Gowan Company (US), Certis Biologicals (US), Biobest Group (Belgium), BIONEMA (UK), and Vestaron Corporation (US).

BASF SE

BASF SE is a prominent global chemical manufacturer and marketer, operating across six major business segments: chemicals, materials, industrial solutions, surface technologies, nutrition, and care, as well as agricultural solutions. Within the agricultural solutions segment, BASF SE offers a comprehensive portfolio of biological solutions for crop protection, seed treatment, turf and ornamentals, and urban and rural pest control. The crop protection segment focuses on providing foliar and drench-applied biological solutions to growers, assisting in pest and disease control while managing residues and resistance. This encompasses biorational pesticides. In October 2023, BASF SE announced a substantial investment, amounting to a high double-digit million euros, in constructing a new fermentation facility at its Ludwigshafen site. This state-of-the-art plant is set to produce biological and biotechnology-based crop protection products, catering to the needs of farmers with offerings such as biological fungicides and seed treatments.

Part of BASF's strategic plan involves utilizing this facility to manufacture the primary component of Inscalis, an innovative insecticide derived from a fungal strain. The commissioning of this plant is slated for the latter half of 2025 and is expected to create employment opportunities for around 30 individuals engaged in various roles encompassing production, logistics, engineering, and maintenance.

Novozymes A/S

Novozymes A/S is a global biotechnology company that focuses on producing and marketing enzymes, microorganisms, and biopharmaceutical ingredients. It operates through five segments: household care, food & beverages, bioenergy, processing, agriculture, and animal health & nutrition. Novozymes operates globally through its subsidiaries and partnerships with other companies. The major subsidiaries of the company are Novozymes Japan Ltd (Japan), Novozymes Biologicals Inc. (US), Novozymes Biologicals Limited (Canada), Novozymes Australia Pty Ltd (Australia), Novozymes South Asia Pvt. Ltd India), and Novozymes Spain S.A. (Spain). The operations are carried out in a number of countries around the world, including China, India, Brazil, Argentina, the UK, the US, and Canada.

Key Questions Addressed by the Biorational Pesticides Market Report [https://www.marketsandmarkets.com/Market-Reports/biorational-pesticide-market-57324225.html?utm_source=abnewswire.com&utm_medium=Referral&utm_campaign=biorational-pesticide-market_230824]:

Which are the major companies in the biorational pesticides market? What are their major strategies to strengthen their market presence?

What are the drivers and opportunities for the biorational pesticides market?

Which region is expected to hold the highest market share?

Which are the key technology trends prevailing in the biorational pesticides market?

What is the total CAGR expected to be recorded for the biorational pesticides market during 2023-2028?

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