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Global Biorational Pesticide Market (2020 to 2028) - Key Drivers, Restraints and Challenges - ResearchAndMarkets.com

·4-min read

The "Global Biorational Pesticide - Market and Technology Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.

The market value for the global Biorational Pesticides market is projected to reach a value of USD 13 Billion by 2028 from a value of USD 5 Billion in the year 2020. The market is expected to grow with a CAGR of 14% during the forecast period.

Biorational pesticides are a combination of two words namely, biological and rational. The product is used for crop protection that helps conserve the environment. Environmentally sustainable method of cultivation is an important trait concerning consumer demand. This is because of the growing awareness with regards to maintaining the ecological balance and hereafter protecting the environment. Therefore, the market for organic crops cultivated through farming methods that are both economically and ecologically viable is a key driver for this market. Moreover, biorational pesticides help with concerns related to maximum residue limits.

Chemical pesticides have high toxicity because of which it harms both the environment and the crops. Moreover, due to soil leaching, the chemically hazardous substances enter the food chain and the water bodies which disrupts the environmental food pyramid. Biorational pesticides not just help as an alternative control agent to pesticides and antimicrobials but they also help with plant biotic stress management, root, as well as shoot development and they, offer several physiological benefits that aid a plant's growth.

The key driver for this market is the growing demand for residue-free organic crops and the increasing use of conventional technology that is ecologically sustainable. Moreover, due to the expanding agricultural sector and the increased use of integrated pest management, the biorational pesticide market is accelerating steadily. Additionally, government organizations have been promoting the use of Biorational Pesticides which has had a positive impact on market growth. This report takes into analysis the entire spectrum of biorational pesticides and helps with deciphering the market trends of the same.

To provide a strategic analysis of the market, this report is segmented based on Type, Application, and Region. On the basis of region, NA is the largest shareholder of this market with a market value that accounts for nearly one-third of the global market revenue. Biorational insecticides is a widely used product that lies in the spectrum of biorational pesticides, it has a value of nearly 50% of the global market size owing to the increasing demand for organically grown crops with no pesticide residue. The botanical source for biorational pesticides dominates the source segment due to its non-toxic and ecologically sustainable nature.

Reasons to buy:

  • Industry professionals can use this report to study the drivers, restraints, and challenges as well as their impact on the changing market dynamics.

  • This report ranges to a forecast period of 2028, hence all the events that could account for the change in market trend and their impacts have been recorded. Potential players could hereby use this report to develop both long term and short-term objectives.

  • Industries looking for a scope for expansion can use this report to identify the opportunities provided by this market on a regional basis.

  • New players in this market can use this report to study the strategies employed by the key players.

  • The sales teams could make use of this report to gain more perspective about changing consumer preferences and market trends. This could help them make more efficient sales.

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Current Market Overview of the Global Biorational Pesticides Market

4 Current Technology Trends in the Global Biorational Pesticides

5 Market Segmentation

5.1 By Type

5.2 By Region

5.3 By Formulation

6 Market Analysis

6.1 Introduction

6.2 Porter's 5 Forces Analysis

6.3 PEST

6.4 Market Dynamics

6.4.1 Drivers

6.4.2 Restraints

6.4.3 Challenges

6.5 Country Analysis

7 Forecast Global Biorational Pesticides Market by Type to 2028

7.1 Introduction

7.2 Global Biorational Pesticides Market by Type overview

7.3 Global Biorational Pesticides Market By Type (By Source)

8 Forecast Global Biorational Pesticides by Region to 2028

8.1 Introduction

8.2 Global Biorational Pesticides Market by Region overview

8.3 Global Biorational Pesticides Market By Region (By Crop Type)

9 Forecast Global Biorational Pesticides Market by Formulation to 2028

9.1 Introduction

9.2 Global Biorational Pesticides Market by Formulation

9.3 Global Biorational Pesticides Market By Formulation (By Mode of Application)

9.3.1 Foliar Spray

9.3.2 Soil Treatment

9.3.3 Trunk Injection

10 Opportunity Analysis Global Biorational Pesticides Market

11 Events based forecast for the Global Biorational Pesticides Market to 2028

11.1 Introduction

11.2 Events forecast factors

11.3 Global Market

11.4 Events Based Forecast- Scenario 1

11.5 Events Based Forecast- Scenario 2

12 Corona Impact

13 Conclusions and recommendations

14 Company Profiles

15 About the publisher

16 Appendices

For more information about this report visit https://www.researchandmarkets.com/r/xz6joo

View source version on businesswire.com: https://www.businesswire.com/news/home/20201201005803/en/

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