Global Biorational Pesticides Market Share Report 2024, Forecast To 2033
8 Mar, 2024
The biorational pesticides market has experienced rapid growth, poised to increase from $5.91 billion in 2023 to $6.75 billion in 2024, with a CAGR of 14.3%. This growth is attributed to factors like the demand for organic agriculture and regulatory support. Forecasts indicate continued expansion, with the market projected to reach $10.96 billion by 2028, showcasing a CAGR of 12.9%. The emergence of sustainable farming practices and research in bio-based technologies are expected to drive growth, along with trends like precision agriculture and regulatory compliance.
Global Biorational Pesticides Market Key Driver
The home biorational pesticides market is expanding due to the rising demand for residue-free organic crops. As consumers prioritize organic farming practices, there's a growing need for biorational pesticides to ensure crop protection without chemical residues. Data from the U.S. Department of Agriculture underscores the increasing popularity of organic farming, driving market growth for home biorational pesticides.
Get A Free Sample Of The Global Biorational Pesticides Market ReportGlobal Biorational Pesticides Market Segments
The biorational pesticides market covered in this report is segmented –
1) Type:Biorational Insecticides, Biorational Fungicides, Biorational Nematicides, Other Types
2) Source:Botanical, Microbial, Non-Organic, Other Sources
3) Crop Type:Fruits And Vegetables, Cereals And Grains, Oilseeds And Pulses, Other Crop Types
4) Formulation:Liquid, Dry
5) Mode of Application:Foliar Spray, Soil Treatment, Trunk Injection, Other Modes of Application
By Geography: The countries covered in the biorational pesticides market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
North America was the largest region in the biorational pesticides market in 2023. The regions covered in the biorational pesticides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Biorational Pesticides Industry Players
BASF SE; Dow Inc.; Bayer Aktiengesellschaft; Syngenta International AG; Corteva Inc; Monsanto Company; UPL Limited; FMC Corporation; Rentokil Initial plc; Nufram Ltd.; CAMSON Bio Technologies Pvt Ltd.; Kemin Industries Inc.; PI Industries Limited; Gowan Company Inc.; Koppert Biological Systems B.V.; Certis USA LLC; Suterra Inc.; Valent BioSciences LLC; Russell IPM Ltd.; Terramera Inc.; Andermatt Biocontrol AG; Vestaron Corporation; Marrone Bio Innovations Inc.; Bionema Limited; Cropex Pvt. Ltd.; ISAGRO Società Agricola per Azioni; AgroPy (UK) Ltd.
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Biorational Pesticides Market Overview
Biorational pesticides are a category of pest control products derived from natural sources to target specific pests while minimizing harm to non-target organisms and the environment. These pesticides are considered more environmentally friendly and sustainable than conventional chemical pesticides.