Mar 28, 2018   SOURCE: BusinessWire

Global Biorational Pesticides Market (2018-2022) Forecast to Grow at a CAGR of 12.5% to Reach $5.02 Billion - ResearchAndMarkets.com

The "Biorational Pesticides Market by Source, Type, Mode of Application, Formulation, Crop Type, and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

The biorational pesticides market is projected to grow at a CAGR of 12.5% from 2017 to reach a value of USD 5.02 Billion by 2022.

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.

On the basis of type, the biorational pesticides market was led by biorational insecticides segment in 2016. It is one of the most largely commercially available types of biorational pesticides. North American countries are expected to become major markets owing to the high awareness among farmers and this contributes to the growth of the global biorational pesticides market in the near future.

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. They are also focused on innovation and are geographically diversified.

Market Dynamics

Drivers

  • Consumer Shift Toward Organic Foods
  • Heavy Crop Loss Due to Pest Attacks
  • Promotion By Government Organizations
  • Evolving Farming Practices & Technology

Restraints

  • Limited Product Availability and Low Shelf Life of Biorational Pesticides

Opportunities

  • Increasing Investment in Agricultural Activities
  • Strong Market Potential in Developing Countries

Challenges

  • Lack of Basic Infrastructure

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Biorational Pesticides Market, by Source

7 Biorational Pesticides Market, by Mode of Application

8 Biorational Pesticide Market, by Crop Type

9 Biorational Pesticides Market, by Formulation

10 Biorational Pesticides Market, by Type

11 Biorational Pesticides Market, by Region

12 Biorational Pesticides Market: Regulatory Framework

13 Competitive Landscape

14 Company Profiles

  • BASF SE
  • Bayer
  • Dowdupont
  • Gowan Company, LLC
  • Isagro SAP
  • Koppert
  • Marrone Bio Innovations
  • Monsanto Bioag
  • Russell IPM
  • Syngenta
  • Valent Biosciences

For more information about this report visit https://www.researchandmarkets.com/research/kghllp/global?w=4