Global Biological Pesticide Market Growth 2023-2029
Biopesticides or biological pesticides are used for controlling various insects and against pathogens that cause diseases. The various forms of biopesticides include bioinsecticides, biofungisides and bionematicides. The benefits derived from the usage of biopesticides in agriculture and in public health, programs are considerable. The global consumption of biopesticides over chemical pesticides is increasing due to its ecofriendly nature. As biopesticides are target-specific they are considered to be relatively safer to non-target organisms including humans. Registration of biopesticides is very easy hence; most of the countries have switched from chemical pesticides to biopesticides.
LPI (LP Information)' newest research report, the “Biological Pesticide Industry Forecast” looks at past sales and reviews total world Biological Pesticide sales in 2022, providing a comprehensive analysis by region and market sector of projected Biological Pesticide sales for 2023 through 2029. With Biological Pesticide sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biological Pesticide industry.
This Insight Report provides a comprehensive analysis of the global Biological Pesticide landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biological Pesticide portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Biological Pesticide market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biological Pesticide and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biological Pesticide.
The global Biological Pesticide market size is projected to grow from US$ 1634.7 million in 2022 to US$ 3073.7 million in 2029; it is expected to grow at a CAGR of 3073.7 from 2023 to 2029.
The main drivers for the biopesticide market include the switch from other crops to organic crops, which requires the use of biopesticides. The global consumer demand for biopesticides is increasing continually. The chemical pesticide market is declining continually due to the stringent regulations passed against its use due to the damage caused to the environment. These regulations occur specifically in Europe and America where the use of biopesticides as a substitute is widely accepted.
This report presents a comprehensive overview, market shares, and growth opportunities of Biological Pesticide market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Botanical Pesticide
Zooid Pesticide
Others
Segmentation by application
Agriculture
Forestry
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bayer
Syngenta
BASF
Monsanto
DOW
DuPont
ADAMA
FMC
Nufarm
Arysta
UPL
Mitsui Chemicals
Cheminova
Sumitomo chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Biological Pesticide market?
What factors are driving Biological Pesticide market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Biological Pesticide market opportunities vary by end market size?
How does Biological Pesticide break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.