Dublin, Nov. 26, 2020 (GLOBE NEWSWIRE) -- The "Global Biorational Pesticide - Market and Technology Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
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.
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. 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.
This report is aimed at:
Insights based on the effects of the drivers, restraints, and challenges of the Biorational pesticides' market have been made.
Technological advancements in this field and the changing market trends post their induction has been covered.
A comprehensive analysis of the key market players within this field and the strategies employed by them has been provided.
The high growth markets and the opportunities provided by them has been covered in detail
Porter's Five Forces and PESTLE Analysis have been used to provide a strategic plan of the Biorational pesticides market.
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.
Who is this report aimed for?
Technology Innovators: Can use this report to bridge the gap between the existing technology and market demand.
Financial Institutions: Can use this report to identify the high growth market and strategize funding solutions.
Governments, Associations, and Industrial Bodies: Can use this report to probe further into the applications of the biorational pesticides market.
Sales Teams: Can use this report to create sales strategies that can be applied to increase product sales.
Key Topics Covered:
1.2 Market definition
1.4 Events based Forecast Scenario
1.5 Who will benefit from this report
1.5.1 Business Leaders & Business Developers
1.7 Opportunity Alerts
2 Executive Summary
2.1 Global Biorational Pesticides Market Trends and Insights
2.2 Major Findings
2.3 Major Conclusions
2.4 Important Tables and Graphs
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
6.2 Porter's 5 Forces Analysis
6.2.1 Competitive Rivalry
6.2.2 Supplier Power
6.2.3 Buyer Power
6.2.4 Threat of Substitution
6.2.5 Threat of New Entry
6.4 Market Dynamics
6.5 Country Analysis
6.5.1 United States
6.5.11 United Kingdom
7 Forecast Global Biorational Pesticides Market by Type to 2028
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
8.2 Global Biorational Pesticides Market by Region overview
8.3 Global Biorational Pesticides Market By Region (By Crop Type)
8.3.1 Fruits & Vegetables
8.3.2 Cereals & Grains
8.3.3 Oilseeds & Pulses
9 Forecast Global Biorational Pesticides Market by Formulation to 2028
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
11.2 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
15.2 Contact us
15.4 License information
15.4.1 1-User PDF License
15.4.2 5-User PDF License
15.4.3 Site PDF License
15.4.4 Enterprise PDF License
16.1 Companies Mentioned
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