Biorational Pesticides Market to reach USD 5.02 Billion by 2022

1. MarketsandMarkets™ Presents Biorational Pesticides Market - Global Forecast 2022 https://www.marketsandmarkets.com/Market-Reports/biorational-pesticide-market-57324225.html

2. The report "Biorational Pesticides Market by Source (Botanical, Microbial, Non-organic), Type (Insecticides, Fungicides, Nematicides), Mode of Application (Foliar Spray, Soil Treatment, Trunk Injection), Formulation, Crop Type, and Region - Global Forecast to 2022" • The biorational pesticides market is estimated at USD 2.78 Billion in 2017 projected to reach a value of USD 5.02 Billion by 2022, at a CAGR of 12.5% from 2017. The market is driven by factors such as evolving farming technologies & practices, consumer demand for organic fruits & vegetables, and increasing promotion by government organizations for the adoption of environment-friendly pesticides. As demand for organic fruits, vegetables, and crops is increasing globally, the market for biorational pesticides is expected to grow. The area under organic crop cultivation is expected to rise because of the growing demand for organic food, a result of increasing health-consciousness among consumers. This indicates that there is immense scope for growth of the biopesticides market, globally. • Browse 71 market data Tables and 53 Figures spread through 162 Pages and in-depth TOC on "Biorational Pesticides Market -Global Forecast to 2022“ • The periodization considered for the study are as follows: • Base year: 2016 • Projection period: 2017-2022 • This report includes estimations of the market size in terms of value (USD million). Both, the top-down and bottom-up approaches have been used to estimate and validate the size of the global biorational pesticides market and to estimate the size of various other dependent submarkets in the overall market. • Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=57324225

3. The botanical source segment accounted for the largest share in the biorational pesticides market in 2016 • The major biorational pesticides under the botanical segment include pyrethrin, azadirachtin & neem oil, and rotenone, among others. The increase in demand for natural biorational pesticides can primarily be attributed to the stringent regulatory framework regarding MRLs (Maximum Residue Levels), an increase in the cost of agricultural inputs such as seeds, and the decreasing proportion of cultivable land. • The foliar spray segment accounted for the largest share in the biorational pesticides market in 2016 • Biorational pesticides are widely used in fruit orchards particularly for apples and oranges. The foliar spray mode of application of biorational pesticides is one of the most popular ones for maximizing production capacity. Foliar spray is suitable for destroying a large number of unwanted grasses, herbs, and shrubs. It is an excellent short-term solution for plants witnessing pest attacks. • North America dominated the biorational pesticides market in 2016 • The North American market for biorational pesticides is driven by the simple registration process of biorational products, increasing consumer preference for organic products, and growing consumer awareness about the ill-effects of synthetic pesticides on human health. The rigorous regulatory system in the US and Canada regarding the environment and human health has compelled manufacturers to develop biorational pesticides with low risks to consumers. The market in Europe is expected to grow at a moderate rate in the near future owing to the stringent regulations for pesticides and increasing demand for organic products. Developing countries such as China, India, Brazil, and Argentina are showing a significant increase in the demand for biorational pesticides. • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=57324225

4. The rise in concerns about food safety has led to farmers exploring new environment-friendly methods to replace or supplement the current chemical-based practices. The use of biorational pesticides has emerged as a promising alternative to chemical pesticides. Promotions by government organizations for the adoption of biorational pesticides and their low cost compared to that of chemical pesticides are some prominent factors that are expected to drive market growth through the next five years in most regions. The biorational pesticides market, on the basis of mode of application, is segmented into foliar spray, soil treatment, and trunk injection. The foliar spray segment covers the largest market share as direct application on leaves through foliar spray is the most effective way of supplying nutrients to plants, which results in enhanced productivity and greater yield; this also leads to rapid absorption and uniform supply of the nutrients to each part of the shoot and root. In organic production systems, biorational pesticides represent the most significant crop protection tools that a grower has to produce a quality crop. While their use is not overly complicated, the application of some biorational pesticides may require a high level of understanding and knowledge of the diseases and pathogens that they are designed to control. As with any disease management program, proper timing and application are essential to ensure efficacy. Biorational pesticides may not perform as quickly as some synthetic chemical pesticides. However, biorational pesticides are generally less toxic to the user and are mild on non-target organisms, making them desirable and sustainable tools for disease management. Companies such as Valent Biosciences (US), Bayer (Germany), Monsanto BioAg (Germany), BASF (Germany), DowDuPont (US), and Syngenta (Switzerland) have acquired leading market positions through the provision of a broad portfolio, catering to the varied requirements of the market, along with a focus on the diverse end-user segments. Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=57324225

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