Biorationals Market Size, Share & Trends Analysis Report By Product, By Crop Type, By Region, And Forecast, 2021–2028

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Report Summary

In 2015, the market for biorationals was estimated to be worth over USD 1 billion. Over the forecast period, increased usage of integrated pest management is anticipated to drive industry growth. Synthetic pesticides’ detrimental effects on beneficial organisms in agricultural ecosystems and terrestrial ecosystems have provided considerable opportunity for bio-based products.

A United Nations (UN) estimate projects that by 2030, there will be 8.5 billion people on the planet, and that the demand for agricultural products would increase by twofold. The use of sustainable methods to address the issue of food security has influenced the demand for natural pesticides during the past few years.

Product Information

From 2021 to 2028, semiochemicals are anticipated to grow at a CAGR of 11.9%. The agricultural industry’s growing use of effective monitoring and quality control methods has helped the category thrive. Allelochemicals and insect sex pheromone traps are two important goods that are anticipated to dominate the market during the coming years.

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Crop Type Information

Fruits and vegetables are expected to continue to lead the global biorationals market, with a projected CAGR of approximately 12.0% over the foreseeable future. Over the forecast period, it is projected that worries about insects like coleopterous on citrus, pome, and berry crops will drive demand for antifeedants and insect growth regulators.

Regional Perspectives

North America dominated the global biorationals market in 2015, and it is predicted that throughout the projected period, the region would see a CAGR of more than 11.5%. The region has benefited greatly from the region’s strict regulatory regime against synthetic pesticides. Food processors and farming businesses are implementing a number of agribusiness initiatives to address growing concerns about food security. Investments for increasing crop yield rates with little negative environmental impact are expected to be driven by the ongoing industrialization of the food chain, especially in the United States and Canada.

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Key Organizations & Market Share Information

The nature of the global market is quite dynamic, with rising R&D spending for product creation by several companies. Businesses are concentrating on attaining high purity products for a variety of markets, including those for fruits, vegetables, grains, and cereals.

Agralan Ltd., Rentokil Initial Plc, McLaughlin Gormley King (MGK), Koppert BV, BASF SE, Bayer AG, Inora, Isagro Spa, Gowan Company, LLC, and Summit Chemical are a few notable producers. Major techniques used by these businesses to strengthen their position in the global market include joint ventures with governmental organisations and distribution agreements with other parties.

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By Region

 

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
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Report Summary In 2015, the market for biorationals was estimated to be worth over USD 1 billion. Over the forecast period, increased usage of integrated pest management is anticipated to drive industry growth. Synthetic pesticides’ detrimental effects on beneficial organisms in agricultural ecosystems and terrestrial ecosystems have provided considerable opportunity for bio-based products. A United…

Report Summary In 2015, the market for biorationals was estimated to be worth over USD 1 billion. Over the forecast period, increased usage of integrated pest management is anticipated to drive industry growth. Synthetic pesticides’ detrimental effects on beneficial organisms in agricultural ecosystems and terrestrial ecosystems have provided considerable opportunity for bio-based products. A United…

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