Dublin, Nov. 18, 2021 (GLOBE NEWSWIRE) -- The "Global Biopesticides Market Outlook 2029" report has been added to ResearchAndMarkets.com's offering.
The market, which garnered a revenue of around USD 4,600 Million in the year 2020, is further expected to reach close to USD 14,200 Million by the end of 2029. The global biopesticides market is anticipated to grow with a CAGR of 13.4% during the forecast period, i.e., 2021-2029.
Biopesticides are a type of pesticides that are derived from natural materials such as animals, plants, bacteria, and certain minerals. Biopesticides are an effective way to control or manage target pests without hampering the natural state of the environment. These pesticides are also known to not affect the good microorganisms that are beneficial for the plant growth.
Factors such as the growing demand for organic food products worldwide, surge in organic agricultural practices, rising awareness about the benefits of biopesticides, and the stringent government regulations for the use of toxic pesticides, are some of the major factors anticipated to drive the market growth during the forecast period.
Moreover, the surge in advancements in the field of agricultural science is also expected to accelerate the growth of the market in the coming years.
The market is segmented on the basis of formulation into liquid pesticides, and dry formulation. Amongst these segments, the dry formulation segment is anticipated to grow with the highest CAGR of 14% approximately during the forecast period.
Further, based on application, the market is segmented into foliar spray, dusting, soil treatment, seed treatment, and others, out of which, the foliar spray segment is anticipated to hold the largest market share and further attain a revenue of over USD 3200 Million by the end of 2029.
North America is anticipated to hold the largest market revenue of over USD 5400 Million by the end of 2029. Further, the market in the Asia Pacific is expected to grow with the highest CAGR of close to 15% during the forecast period.
Some of the leading market players featured in the report include:
- BASF SE
- Bayer AG
- Syngenta Group
- Certis USA L.L.C.
- Isagro S.p.A.
- Andermatt Biocontrol AG
- Marrone Bio Innovations Inc.
- Novozymes A/S
- Nufarm Limited
- Biotalys NV
- Terramera Inc.
- NewLeaf Symbiotics Inc.
- Vestaron Corporation
Key Topics Covered:
1. Market Definition
1.1. Market Definition
1.2. Market Segmentation
2. Assumptions and Acronyms
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
4. Analyst Review
5. Executive Summary - Global Biopesticides Market
6. Analysis of Market Dynamics
6.1. Growth Drivers
6.2. Market Trends
7. Major Roadblocks for the Market Growth
8. Regulatory & Standards Landscape
9. Impact of COVID-19 on the Global Biopesticides Market (2020-2029)
9.1. Impact on the Demand
9.2. Impact on the Manufacturers
9.3. Impact on the Supply & Distribution
9.4. Impact on the Key Market Players
9.5. Impact on the Pricing
9.6. Market Impact Analysis in 2020 (quarter wise) w.r.t. COVID-19 Pandemic (USD Million)
10. Key Market Opportunities
11. Competitive Landscape
11.1. Market Share Analysis, 2020
11.2. Competitive Benchmarking
11.3. Competitive Structure
11.4. Company Profiles
12. Product Pipeline Analysis
13. Global Biopesticides Market 2020-2029
13.1. Market Overview
13.2. By Volume (Tons)
13.3. By Value (USD Million)
13.4. Global Biopesticides Market - Segmentation Analysis 2020-2029
13.4.1. By Class, 2020-2029F (USD Million & Tons)
13.4.1.1. Biochemical pesticides, 2020-2029F (USD Million & Tons)
13.4.1.2. Microbial pesticides, 2020-2029F (USD Million & Tons)
13.4.1.3. Bacteria, 2020-2029F (USD Million & Tons)
13.4.1.4. Fungi, 2020-2029F (USD Million & Tons)
13.4.1.5. Protozoa, 2020-2029F (USD Million & Tons)
13.4.1.6. Viruses, 2020-2029F (USD Million & Tons)
13.4.1.7. Plant-incorporated-protectants (PIPs), 2020-2029F (USD Million & Tons)
13.4.2. By Species, 2020-2029F (USD Million & Tons)
13.4.2.1. Bacillus, 2020-2029F (USD Million & Tons)
13.4.2.2. Trichoderma, 2020-2029F (USD Million & Tons)
13.4.2.3. Streptomyces, 2020-2029F (USD Million & Tons)
13.4.2.4. Pseudomonas, 2020-2029F (USD Million & Tons)
13.4.2.5. Paecilomyces, 2020-2029F (USD Million & Tons)
13.4.2.6. Others, 2020-2029F (USD Million & Tons)
13.4.3. By Type, 2020-2029F (USD Million & Tons)
13.4.3.1. Insecticides, 2020-2029F (USD Million & Tons)
13.4.3.2. Herbicides, 2020-2029F (USD Million & Tons)
13.4.3.3. Bactericides, 2020-2029F (USD Million & Tons)
13.4.3.4. Fungicides, 2020-2029F (USD Million & Tons)
13.4.3.5. Nematicides, 2020-2029F (USD Million & Tons)
13.4.4. By Formulation, 2020-2029F (USD Million & Tons)
13.4.4.1. Liquid Pesticides, 2020-2029F (USD Million & Tons)
13.4.4.2. Dry Formulation, 2020-2029F (USD Million & Tons)
13.4.5. By Mode of Application, 2020-2029F (USD Million & Tons)
13.4.5.1. Foliar Spray, 2020-2029F (USD Million & Tons)
13.4.5.2. Dusting, 2020-2029F (USD Million & Tons)
13.4.5.3. Soil Treatment, 2020-2029F (USD Million & Tons)
13.4.5.4. Seed Treatment, 2020-2029F (USD Million & Tons)
13.4.5.5. Others, 2020-2029F (USD Million & Tons)
13.4.6. By Crop Type, 2020-2029F (USD Million & Tons)
13.4.6.1. Cereals & grains, 2020-2029F (USD Million & Tons)
13.4.6.2. Pulses, 2020-2029F (USD Million & Tons)
13.4.6.3. Fruits, 2020-2029F (USD Million & Tons)
13.4.6.4. Vegetables, 2020-2029F (USD Million & Tons)
13.4.6.5. Others, 2020-2029F (USD Million & Tons)
13.4.7. By End-user, 2020-2029F (USD Million & Tons)
13.4.7.1. Agriculture Farms, 2020-2029F (USD Million & Tons)
13.4.7.2. Greenhouses, 2020-2029F (USD Million & Tons)
13.4.7.3. Nursery, 2020-2029F (USD Million & Tons)
13.4.7.4. Lawn & Garden, 2020-2029F (USD Million & Tons)
13.4.8. By Region, 2020-2029F (USD Million & Tons)
For more information about this report visit https://www.researchandmarkets.com/r/bds7q9
