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Biopesticides Market by Type, Source, Mode of Application, Formulation, Crop Application And Region - Global Forecast to 2025

Biopesticides Market by Type, Source, Mode of Application, Formulation, Crop Application And Region - Global Forecast to 2025

  • June 2020
  • 250 pages
  • ID: 4364825
  • Format: PDF
  • MarketsandMarkets

Summary

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The bioinsecticides market dominated the global biopesticides market during the forecast period.
The global biopesticides market size is projected to grow at a CAGR of 14.7% from an estimated value of USD 4.3billion in 2020 to reach USD 8.5billion by 2025.The market has been gaining wide importance among farmers to produce residue-free food products with the usage of microbial-based bioinsecticides.
Biological solutions have proved to be an effective alternative to conventional chemicals and even work optimally when applied in combination.Increasing biotic and abiotic stress has resulted in the emergence of invasive pests,which has resulted in reduced crop yields.

Most of the bioinsecticides have been commercialized and produced at a large scale, such as Bacillus thuringiensis, which has proved to be effective against controlling insect pests.
The growth inorganic farming and increasing acceptance of organic crops has led to the implementation of Integrated Pest Management (IPM) solutions. Poor knowledge of the application of biologicals, storage issues, and other technological constraints are expected to restrain the growth of the market.

The liquid formulation market to be the larger and faster-growing among formulations segment for the forecast period.
Liquid formulations are estimated to account for the faster-growing market share in the forecast period.The ease of application and transportation are the key drivers for the growth of the liquid formulations segment.

With advancements in technology, precision irrigation technologies such as drip irrigation and sprinkler irrigation, the liquid formulation is gaining huge market share.

In the biopesticides market, Europe is estimated to be the fastest-growing market in the forecast period.
The increase in the infestation of pests, pest resistance and resurgence, and the ban on key active ingredients are driving the growth of the biopesticides market. With the increased demand for organic food crops and the harmful effects of chemical-based farming, farmers have started to adopt biopesticides.
The government also imposed stringent regulations on the use of chemical pesticides to conserve beneficial insects and reduce the toxic levels across the food chain.Farmers in these regions are adopting the usage of microbials, along with beneficial insects, to control invasive pests in protected cultivation.

These are some of the drivers leading to an increase in the market for biopesticides.
The biopesticides market is segmented market-wise, with a detailed analysis of each market by studying the individual competitive landscapes.

Breakdown of the profile of primary participants is as follows:
• By Company Type: Tier - 60%, Tier - 30%, and Tier - 10%
• By Designation: C-level -40%,D-level -30%, and Others*-30%
• By Region: Asia Pacific -35%, Europe -30%, North America -20%, and RoW-15%
*Others include sales managers, marketing managers, and product managers.

Leading players profiled in this report
• BASF SE (Germany)
• Syngenta AG (Switzerland)
• Bayer AG (Germany)
• Marrone Bio Innovation (US)
• Novozymes A/S (Denmark)
• Nufarm (Australia)
• UPL Ltd (India)
• Koppert Biological Systems (Netherlands)
• Vegalab S.A (US)
• Biobest Group NV (Belgium)
• FMC Corporation (US)
• STK Bio-ag (Israel)
• Bionema (US)
• International Panaacea Ltd (India)
• Som Phytopharma India Ltd (India)
• BioWorks, Inc. (US)
• Valent Biosciences LLC (US)
• Andermatt Biocontrol AG (Switzerland)
• Isagro S.p.A (Italy)
• Certis US L.L.C (US)

Research Coverage
This report segments the biopesticides market on the basis of key trends. In terms of insights, this research report focuses on various levels of analyses—competitive landscape, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the biopesticides industry, the high-growth regions, countries, government initiatives, market disruption, drivers, restraints, opportunities, and challenges.

Reasons to buy this report
• To get a comprehensive overview of the biopesticides market
• To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
• To gain insights about the major countries/regions, in which the biopesticides market is flourishing

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