Biopesticides Market to Reach $33.64 Billion by 2031 (CAGR 13.9%) pen_spark
Biopesticides Market
Microbial & Biochemical Solutions Gain Traction; Regulations Favor Biopesticides
WILMINGTON,NEW CASTLE, DELAWARE, UNITED STATES, June 17, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, โBiopesticides Market," The biopesticides market was valued at $7,012.70 million in 2020, and is estimated to reach $33,638.90 million by 2031, growing at a CAGR of 13.9% from 2022 to 2031.
๐๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐ ๐ ๐จ๐ซ ๐๐ง๐ฌ๐ญ๐๐ง๐ญ ๐๐๐ : https://www.alliedmarketresearch.com/request-sample/538
๐ก๐๐ฑ๐๐ข๐ญ๐ข๐ง๐ ๐๐๐๐๐ซ ๐๐ฅ๐๐ซ๐ญ! ๐ ๐๐๐ญ ๐ ๐๐๐ฌ๐ฌ๐ข๐ฏ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐๐จ๐ฎ๐ซ ๐๐๐ฑ๐ญ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐! ๐๐ฎ๐ฒ ๐ง๐จ๐ฐ ๐๐ง๐ ๐ญ๐๐ค๐ ๐๐๐ฏ๐๐ง๐ญ๐๐ ๐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ฅ๐ข๐ฆ๐ข๐ญ๐๐-๐ญ๐ข๐ฆ๐ ๐จ๐๐๐๐ซ. ๐๏ธ
Biopesticides are essential microbial toxins that can be defined as a biological poison derived from a microorganism, such as a bacterium or a fungus. Pathogenesis by microbial entomopathogens occurs by the invasion of the pathogen through the gut of the insect followed by its multiplication, resulting in the death of the insect.
๐๐๐๐ฏ๐๐ง๐ญ๐๐ ๐๐ฌ ๐จ๐ ๐๐ข๐๐ซ๐จ๐๐ข๐๐ฅ ๐๐ง๐ ๐๐ข๐จ๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐๐ฌ๐ญ๐ข๐๐ข๐๐๐ฌ:
Microbial pesticides, containing microorganisms like bacteria or fungi, and biochemical pesticides, incorporating naturally occurring substances such as insect sex pheromones and plant extracts, offer several advantages to farmers. They present competitive pricing and efficiency, making them viable alternatives in situations where conventional chemical pesticides and genetically modified crops face regulatory restrictions.
Biopesticides not only comply with market-imposed requirements for pest management programs by food processors and retailers but also meet stringent organic farming requirements. Importantly, they are environmentally friendly, exempt from maximum residue limits (MRL) applied to synthetic pesticides, and contribute to the prevention of insect, fungal, and bacterial resistance.
๐๐๐๐ค๐ ๐ ๐๐ข๐ซ๐๐๐ญ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐: https://www.alliedmarketresearch.com/proceed-to-checkout
๐๐๐ก๐ ๐๐จ๐ฅ๐ ๐จ๐ ๐๐ข๐จ๐ฉ๐๐ฌ๐ญ๐ข๐๐ข๐๐๐ฌ ๐ข๐ง ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ฅ๐ ๐๐ ๐ซ๐ข๐๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐:
Integral to sustainable agriculture is an effective Integrated Pest Management (IPM) program. This approach utilizes biological controls, cultural practices, and chemical management to control pest populations. Biopesticides, being environmentally safe and not harmful to soil or water, offer a crucial advantage in sustainable agriculture. The adoption of biopesticides is on the rise, fueling the growth of the global biopesticides market.
As synthetic pesticides face declining availability due to new legislation and evolving resistance in pest populations, biopesticides become crucial components in IPM programs. Post-genomics technologies combined with ecological science present new opportunities for biopesticide development in IPM. However, this evolution brings forth regulatory and economic challenges that necessitate collaboration between scientists, policymakers, and the biopesticides industry.
๐๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ ๐๐๐ญ๐จ๐ซ๐ฌ:
The biopesticides market is witnessing a surge in adoption, driven by the increasing sales and growing demand for environmentally safe pest control solutions. Presently, Europe and LAMEA collectively contribute approximately 40% of the global market share, with emerging countries like Brazil, Argentina, and Chile displaying substantial growth potential due to high agricultural operations and a significant population shift toward the agricultural sector.
๐๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐: https://www.alliedmarketresearch.com/request-for-customization/538
๐๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ:
The biopesticides market is segmented based on product type, formulation, crop type, and region. Microbial, predators, and others constitute the product type segment, while dry form and liquid form make up the formulation segment. Crop types include orchards, grazing & dry land, and field crops.
๐๐๐๐ฒ ๐๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐ฌ๐ญ๐ฎ๐๐ฒ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
Asia-Pacific accounts for the largest revenue share, with a significant CAGR expected from 2022 to 2031, followed by North America.
In 2021, the orchards crop type segment accounted for approximately 40% share and is projected to grow at the highest rate.
North America is anticipated to grow at the highest CAGR of 13.8% from 2022 to 2031.
The U.S. generated the highest revenue in 2021, accounting for approximately 20% share of the global market.
Brazil is expected to grow at a significant CAGR of 15.4% during the forecast period.
๐ก๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
โข Asia-Pacific: Leading in revenue share, this region is experiencing significant growth with a promising CAGR from 2022 to 2031.
โข North America: Projected to have the highest CAGR of 13.8%, reflecting the growing importance of biopesticides in the region.
โข Europe and LAMEA: Contributing about 40% of the global market in 2021, these regions play a crucial role in the biopesticides market landscape.
๐๐๐ข๐จ๐ฉ๐๐ฌ๐ญ๐ข๐๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
๐ก๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐:
Microbial
Predators
Others
๐ก๐๐ฒ ๐
๐จ๐ซ๐ฆ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง:
Dry Form
Liquid Form
๐ก๐๐ฒ ๐๐ซ๐จ๐ฉ ๐๐ฒ๐ฉ๐:
Orchards
Grazing and Dry Land
Field Crops
๐๐๐๐ฅ๐ค ๐ญ๐จ ๐จ๐ฎ๐ซ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ: https://www.alliedmarketresearch.com/connect-to-analyst/538
These key market players contribute significantly to the biopesticides market, each bringing unique products and innovations to the industry. Their collective efforts contribute to the growth and development of sustainable pest management solutions in agriculture.
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view of providing business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domain.
We have professional corporate relations with various companies and this helps us dig out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high-quality of data and help clients in every way possible to achieve success. Each and every piece of data presented in the reports published by us is extracted through primary interviews with top officials from leading companies in domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
๐๐จ๐ง๐ญ๐๐๐ญ
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