Press release
Microbial Pesticides Market Outlook: Natural Solutions for Crop Protection Lucrative Growth US$ 2.1Bn By 2030 | Most Leading Companies - Becker Underwood, Valent Biosciences Corporation, Certis USA LLC, Ecogen, Koppert Biological System
The Global Microbial Pesticides Market reached US$ 1.3 billion in 2022 and is projected to witness lucrative growth by reaching up to US$ 2.1 billion by 2030. The market is growing at a CAGR of 6.3% during the forecast period 2024-2031Microbial Pesticides Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Microbial pesticides are a type of biopesticide that use microorganisms such as bacteria, fungi, viruses, or protozoans to target and control harmful agricultural pests. These eco-friendly alternatives to chemical pesticides are valued for their specificity, safety, and reduced environmental impact.
List of the Key Players in the Microbial Pesticides Market:
Becker Underwood, Valent Biosciences Corporation, Certis USA LLC, Ecogen, Koppert Biological System, Agri Life, AgraQuest, Marrone Bio Innovations, Novozyme Biological, and Bayer CropScience AG.
Industry Development:
On January 26, 2022, Syngenta Crop Protection strategically acquired two cutting-edge bioinsecticides-NemaTrident and UniSpore. These acquisitions aim to tackle the increasing issue of insect and pest resistance across multiple sectors, including horticulture, ornamentals, turf management, and forestry.
Growth Forecast Projected:
The Global Microbial Pesticides Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Microbial Pesticides Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Microbial Pesticides Market:
By Ingredient Type: Bacteria-Based Pesticides, Fungi-Based Pesticides, Virus-Based Pesticides, Others
By Product Type: Microbial Fungicide, Microbial Insecticide, Others
By Application: Grains & Cereals, Pulses & Oilseeds, Fruits & Vegetables, Others
Regional Analysis for Microbial Pesticides Market:
The regional analysis of the Microbial Pesticides Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Microbial Pesticides market?
➠ Who are the leading manufacturers in the global Microbial Pesticides industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Microbial Pesticides industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Microbial Pesticides market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
Browse More Reports: https://www.datamintelligence.com/research-report/microbial-pesticides-market
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