Jun 23, 2018   SOURCE: BusinessWire

Biorational Pesticides: Global Market Expected to Reach $8.86 Billion by 2026 - ResearchAndMarkets.com

The "Biorational Pesticides - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

The Global Biorational Pesticides market accounted for $2.61 billion in 2017 and is expected to reach $8.86 billion by 2026 growing at a CAGR of 14.5%.

Increasing concern about healthy organic foods, rapid technological advancements & growing agriculture activities, and favourable government initiatives are some of the major factors bolstering the market growth over the forecast period. In addition, growing research & development activities, increasing demand from emerging economies are some of the other factors fuelling the market growth. On the other hand, threats from substitute products, limited product life are the major constraints limiting the market growth.

Among the application segment, foliar spray is projected to register significant growth rate during the forecast period. The growth is attributed to it is appropriate in eradicating herbs, grass, & weed in farm land. Foliar spray helps in restricting pest attacks.

North America is likely to acquire the highest market share during the forecast period due to increasing demand for organic food. European region is projected to be the fastest growing market. The growth is attributed to growing demand from organic products and stringent regulations for pesticides.

Companies Featured

  • Agralan Ltd.
  • BASF SE
  • Bayer
  • Dowdupont
  • Gowan Company LLC
  • Inora
  • Isagro SAP
  • Koppert BV
  • Marrone Bio Innovations
  • McLaughlin Gormley King
  • Monsanto Bioag
  • Rentokil Initial Plc
  • Russell IPM Ltd.
  • Summit Chemical
  • Suterra LLC
  • Syngenta
  • Valent Biosciences

For more information about this report visit https://www.researchandmarkets.com/research/6kmb6m/biorational?w=4