The "Biopesticides Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global biopesticides market reached a value of US$ 3.96 Billion in 2020. Looking forward, the publisher expects the global biopesticides market to exhibit strong growth during 2021-2026.
A biopesticide refers to an organic pest repellent that is manufactured using naturally occurring substances, such as plants, microbes and biochemicals. Bioherbicides, bioinsecticides and bio fungicides are some of the most commonly used biopesticide products. They aid in controlling the growth of weeds, pests and insects on crops and are usually applied through foliar spray or directly added into the soil for the treatment of crops. In comparison to the traditionally used synthetic pesticides, biopesticides are inherently less toxic, provide permanent or long-term control of pests and are highly efficient even when applied in minimal quantities.
Significant growth in the agriculture industry, along with the increasing adoption of organic farming practices, represent as the key factors driving the growth of the market. Owing to the growing concerns for soil health, agricultural sustainability and environmental safety, biopesticides are being increasingly used to improve soil fertility and prevent plant infestation.
Furthermore, increasing consumer awareness regarding the adverse environmental effects of using synthetic pesticides and other agricultural additives is also providing a boost to the market growth. Artificial pesticides and fertilizers are known to leave a toxic residue, which can cause microbial imbalance, soil pollution and reduce the levels of biocontrol agents in the soil.
Additionally, shifting consumer preference toward organic food products manufactured using chemical-free ingredients is creating a positive impact on the market growth.
Other factors, such as innovations in the field of agricultural sciences and the implementation of favourable government policies to promote sustainable farming practices, are projected to drive the market in the upcoming years.
The competitive landscape of the industry has also been examined with some of the key players being BASF, Bayer Cropscience, Certis USA LLC, FMC Corporation, Isagro, Koppert B.V., Marrone Bio Innovations, Novozymes Biologicals, Stockton (Israel) Ltd., Syngenta, The Dow Chemical Company, Valent BioSciences Corporation, etc.
Key Questions Answered in This Report
1. What was the global biopesticides market size in 2019?
2. What will be the biopesticides market outlook during the next five years (2020-2025)?
3. What are the key global biopesticides market drivers?
4. What are the major global biopesticides industry trends?
5. Who are the leading biopesticides market players?
6. What is the biopesticides market breakup by region?
7. What is the biopesticides market breakup by source?
8. What is the biopesticides industry growth rate?
9. What is the biopesticides market breakup by formulation?
10. What is the biopesticides market breakup by application?
Key Topics Covered:
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Biopesticides Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
7 Market Breakup by Formulation
8 Market Breakup by Source
8.2 Plant Extracts
9 Market Breakup by Mode of Application
9.1 Foliar Spray
9.2 Seed Treatment
9.3 Soil Treatment
10 Market Breakup by Crop Type
10.1 Cereals and Grains
10.2 Oilseeds and Pulses
10.3 Fruits and Vegetables
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.2 Asia Pacific
11.2.4 South Korea
11.3.3 United Kingdom
11.4 Latin America
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Indicators
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
Certis USA LLC
Marrone Bio Innovations
Stockton (Israel) Ltd.
The Dow Chemical Company
Valent BioSciences Corporation
For more information about this report visit https://www.researchandmarkets.com/r/j6khnm
View source version on businesswire.com: https://www.businesswire.com/news/home/20210219005412/en/
Laura Wood, Senior Press Manager
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