Biopesticides Market Research Report

Growth opportunities in the global biopesticides market look promising over the next six years. Rising demand for natural-based manure among farmers, followed by growing industry competitiveness, are key factors that are driving the growth of the global biopesticides market.

Biopesticides refer to some types of pesticides obtained from natural materials as animals, bacteria, plants, and some other minerals. For instance, canola oil and baking soda have pesticidal applications and are considered biopesticides.

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Increasing efforts by the government and leading market players to encourage the use of efficient and eco-friendly agri-inputs will surge the growth of the global biopesticides market during the forecast period. The acreage under organic cultivation for fruits & vegetables and to achieve the standards prescribed by international exports, farmers are implementing the usage of biopesticides. Growing demand for organic food will play an important role in the growth of the biopesticides market size. Various governments are launching several schemes and subsidiaries to increase the adoption of eco-friendly agri-inputs, including these types of pesticides.

The recent outbreak of COVID-19 has adversely impacted the growth of the market as governments are implementing lockdown actions and limiting the movement of the masses. This restriction in movement has a significant effect on biopesticides production as factories face supply chain disconnections and unavailability of workers. Moreover, biopesticides usage is experiencing an upsurge in growth as biopesticides are replacing some synthetic chemical pesticides. The launch and usage of microbial seed treatment in field crops, increasing demand for organic products, favorable government policies and regulations, and growing adoption of organic farming practices at a global level are propelling the growth of the market growth.

Key Players of the Global Biopesticides Market:

·        Valent Biosciences

·        Koppert Biological Systems

·        Syngeta

·        Certis U.S.A.

·        DuPont

·        Bayer CropScience

·        Dow Chemical Company

·        Mosanto

·        Novozymes

·        BASF SE

Market Segmentation:

Global Biopesticides Market Report Segment by Type:

·        Bioinsecticide

·        Biofungicide

·        Bioherbicide & Bionematicide

·        Others

Global Biopesticides Market Report Segment by Mode of Application:

·        Dry Formulation

·        Wet Formulation

Global Biopesticides Market Report Segment by End-Use:

·        Fruit & Vegetables

·        Cereals & Row Crops

·        Seed Treatment

·        Non-Crops

Global Biopesticides Market Report Segment by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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