Biorational Pesticides Market: Introduction
Pest
control materials that are relatively non-toxic with ecological side-effects
are called as biorational pesticides. Changes in farming technologies,
consumer demand for organic fruits & root vegetable, rise in government
initiatives for the adoption of ecofriendly pesticides drive the biorational
pesticides market. Biorational pesticides are widely used in fruit plantations,
especially for fruits such as apples and oranges. The foliar sprig used to
destroy a large number of undesirable grasses, aromatic plant, and shrubs.
The biorational
pesticides market is anticipated to expand due to response for organic
fruits, vegetables and crops. The area under organic crop growing is expected
to rise because of the rising demand for organic food. Growth of organic food
indicates that there is vast scope for growth of the bio pesticides market,
globally.
Biorational Pesticides Market: Segmentation
The
biorational pesticides market can be segmented based on source, application,
and region. In terms of source, the biorational pesticides market can be
divided into botanical, microbial, inorganic. The botanical segment can be
sub-segmented into pyrethrin, azadirachtin, neem oil, rotenone, and others.
The
Microbial pesticides are the biological control agents. Microbial pesticides
act on the plants in the form of organism itself or the substance it produces.
Microbial pesticides offer higher selectivity & no toxicity. Microbial
pesticides contain a microorganism (bacterium, fungus, virus, protozoan or
alga, rickettsia, Mycoplasma and nematodes) as the active element & these
microorganism carried out biochemical changes in the plant. The microbial
segment is projected to expand at substantial growth during the forecast period.
The market is driven by High demand for organic foods and rise in modern
farming activities such as hydroponic, rotary crops, agroforestry practices.
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In terms
of crops such as cereals & grains, oilseeds & pulses, fruits &
vegetables, turf & ornamental. Fruits & vegetables are remain dominant
the biorational fertilizer market during the estimated period. In fruits,
oranges & apples have higher requirement of biorational pesticides compared
to vegetables.
Based
application, the market can be classified into foliar spray, soil treatment and
trunk injection. Here the market is
driven by different types of sprayer like drone spray, air control nozzle
spray, foliar spray & other.
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Biorational Pesticides Market: Regional Outlook
In terms
of region, the global biorational pesticides market can be categorized into
Asia Pacific, Europe, Latin America, North America, and Middle East &
Africa. Asia Pacific is expected to dominate the market during the forecast
period. Rise in modern agricultural practices in countries such as India and
China is expected to boost the demand for biorational pesticides. Asia Pacific
is the largest biorational pesticides market from 2018 to 2026. Increasing
population demand for food and modern farming activities such as hydroponic,
rotary crops, agroforestry practices.
The
biorational pesticides market in Latin America is increasing consumer
preference for organic products and growing consumer awareness about the
ill-effects of synthetic pesticides on human health. This will drive the demand
for biorational pesticides during the forecast period.
Africa is
expected to exhibit moderate growth rate compared to other regions. This is due
to the lack of technological advancement & poor economy.
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Biorational Pesticides Market: Key players
The global
biorational pesticides market is fragmented and large number of companies
operate across the globe. Major companies include IS Valent Biosciences, Bayer
Monsanto, BioAg Syngenta Isagro SPA inc, Koppert, Marrone Bio Innovations,
Russell IPM, Gowan Company (US), Agralan Ltd., BASF SE, Bayer, Dow point, Gowan
Company, In Isagro SAP, Koppert Bv. and Marrone Bio Innovations.
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