Biopesticides Market Research Report

 

Biopesticides Market

Biopesticides Market is projected to witness a promising CAGR of 15.10% over the forecast period. Biopesticides are procured from organic materials such as animals, bacteria, and other minerals and have replaced some synthetic chemical pesticides. With the growing concern about the pollution caused by synthetic chemicals, consumers are looking for chemical-free products.

Request For a FREE Sample Report on Biopesticides Market

 

Growing use of microbial seed treatment in fields and growing demand for organic products are the two major factors propelling the biopesticides market growth. Biopesticides in sustainable agriculture tackle environmental and social concerns, thereby offering innovative opportunities to consumers. Strategic government norms and increasing demand for natural products have thus driven the market size. Also, as per the Biopesticides Market analysis, due to the evolving need for food safety, biopesticides have gained immense popularity over their synthetic counterparts.

By type, bioinsecticides segment is anticipated to capture the highest share over the forecast period, owing to the growing use of insecticides in the fruits and vegetables. Also, the surge in demand for natural products and rising emphasis on the prevention of insect-borne diseases will bolster the global Biopesticides market growth.

By mode, Dry formulation is predicted to witness a faster CAGR over the forecast period as they are easy to handle, user-friendly, and quick to apply.

By end-use, the Fruits and vegetable segment is forecast to grow at a higher CAGR during the forecast period. The demand is attributed to the growing demand for fruits and vegetables and the rising inclination towards organic products.

By region, North America is likely to lead the market over the coming years. Strategic government policies and regulations, growing awareness about the use of pesticides, and rising prices of chemical pesticides have driven the Biopesticides Market share.

Asia-Pacific region is anticipated to capture the largest share during the forecast period owing to the intensified investments by leading market players. Also, rising research and development activities to produce technologically sophisticated products will fuel the Biopesticides Market size.

Biopesticides Market Segmentation:

Biopesticides Market by Type
  • Bioinsecticide
  • Biofungicide
  • Bioherbicide & Bionematicide
  • Others
Biopesticides Market by Mode of Application
  • Dry Formulation
  • Wet Formulation
Biopesticides Market by End-Use
  • Fruits & Vegetables
  • Cereals & Row Crops
  • Seed Treatment
  • Non-Crops
Biopesticides Market by Region:
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com


Comments

Post a Comment

Popular posts from this blog

Managed Print Services Market Size, Share, & Growth Analysis - 2020-2027

Image
  Managed Print Services Market The Managed Print Services Market is estimated to reach USD 70 billion by 2027, growing at a CAGR of 8.2% over the forecast period (2020-2027). The factors driving the growth of Managed Print Services Market includes digital transformation across the industry verticals such as Banking, Financial Services, and Insurance (BFSI), Healthcare and Telecommunication, emerging need to reduce paper wastage and growing trend of Bring Your-Own Device (BYOD). According to the report published by Environmental Paper Network, the consumption of paper worldwide has drastically increased by 400% over the last four decades, on an average a citizen in the United States uses more than 700 pounds of paper every year, which will boost the Managed Print Services Market Growth in the approaching years. Moreover, the growing adoption of Cloud Computing and Big Data Analytics by the major organizations, increasing investments by the leading players on research and development
Read more

Crypto Asset Management Market size, share & Trends Forecast 2028

Image
  The Crypto Asset Management Market was estimated around USD 315 million in 2020 and is predicted to grow at a CAGR of 21.1%, over the forecast period (2021-2028). The factors driving growth of the market includes rise in the number of institutional investors and wealth managers investing first time in crypto currency, surge in the volumes of online transactions around the world, emerging need to secure cryptocurrency assets, Government initiatives promoting digitalization and improvements in the living standards. Cryptocurrency asset management platforms allow investors to manage different wallets in one spot, simplifies the management of the developing crypto asset for seasoned traders, and helps users to increase their portfolio, are some of the features pushing the Crypto Asset Management Market size . Moreover, increasing adoption of cryptocurrency across industry verticals such as Healthcare, Retail and Commerce, BSFI, advancements in Internet of Things (IoT) and Artificial Inte
Read more

Liquefied petroleum gas Market Size, Share, Growth 2027

Image
  Liquefied Petroleum Gas Market The Liquefied Petroleum Gas Market is expected to grow at a faster CAGR over the forecast period (2020-2027). The factors driving the growth of Liquefied Petroleum Gas Market includes increasing use of liquefied petroleum gas as a substitute to fossil fuels, growing demand for natural gas and oil around the world and rising awareness amongst consumers about the benefits of liquefied petroleum gas. According to the report published by Statista, the Global Oil and Gas Storage Market was estimated around USD 929 million in 2019 and is expected to reach more than USD 1 billion by the end of 2026, which will boost the Global Liquefied Petroleum Gas Market in the approaching years. Moreover, growing emphasis on using cleaner sources of energy, increasing application of liquefied petroleum gas in households and restaurants for cooking and heating food and strict regulations imposed by Government reduce the carbon emission levels, are some of the additional fa
Read more