Global Biorational Pesticides Market (2018-2022) Forecast to Grow at a CAGR of 12.5% to Reach $5.02 Billion – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The "Biorational
Pesticides Market by Source, Type, Mode of Application, Formulation,
Crop Type, and Region – Global Forecast to 2022" report has
been added to ResearchAndMarkets.com's offering.
The biorational pesticides market is projected to grow at a CAGR of
12.5% from 2017 to reach a value of USD 5.02 Billion by 2022.
The rise in concerns about food safety has led to farmers exploring new
environment-friendly methods to replace or supplement the current
chemical-based practices. The use of biorational pesticides has emerged
as a promising alternative to chemical pesticides. Promotions by
government organizations for the adoption of biorational pesticides and
their low cost compared to that of chemical pesticides are some
prominent factors that are expected to drive market growth through the
next five years in most regions.
On the basis of type, the biorational pesticides market was led by
biorational insecticides segment in 2016. It is one of the most largely
commercially available types of biorational pesticides. North American
countries are expected to become major markets owing to the high
awareness among farmers and this contributes to the growth of the global
biorational pesticides market in the near future.
Companies such as Valent Biosciences (US), Bayer (Germany), Monsanto
BioAg (Germany), BASF (Germany), DowDuPont (US), and Syngenta
(Switzerland) have acquired leading market positions through the
provision of a broad portfolio, catering to the varied requirements of
the market, along with a focus on the diverse end-user segments. They
are also focused on innovation and are geographically diversified.
Market Dynamics
Drivers
- Consumer Shift Toward Organic Foods
- Heavy Crop Loss Due to Pest Attacks
- Promotion By Government Organizations
- Evolving Farming Practices & Technology
Restraints
-
Limited Product Availability and Low Shelf Life of Biorational
Pesticides
Opportunities
- Increasing Investment in Agricultural Activities
- Strong Market Potential in Developing Countries
Challenges
- Lack of Basic Infrastructure
Key Topics Covered
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Biorational Pesticides Market, by Source
7 Biorational Pesticides Market, by Mode of Application
8 Biorational Pesticide Market, by Crop Type
9 Biorational Pesticides Market, by Formulation
10 Biorational Pesticides Market, by Type
11 Biorational Pesticides Market, by Region
12 Biorational Pesticides Market: Regulatory Framework
13 Competitive Landscape
14 Company Profiles
- BASF SE
- Bayer
- Dowdupont
- Gowan Company, LLC
- Isagro SAP
- Koppert
- Marrone Bio Innovations
- Monsanto Bioag
- Russell IPM
- Syngenta
- Valent Biosciences
For more information about this report visit https://www.researchandmarkets.com/research/kghllp/global?w=4
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Related
Topics: Agrochemicals
and Fertilizers, Crop
Farming