Biopesticides Market worth $15.66 billion by 2029 - Exclusive Report by MarketsandMarkets™

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=267

Browse in-depth TOC on "Biopesticides Market"

150 – Tables
80 – Figures
350 – Pages

Cereals & Grains to hold the significant share in the biopesticides market.

The consumption of cereals and grains is crucial for meeting the dietary needs of a growing population. There is a need to enhance cereals & grains yield to fulfil the growing demand. The application of agrochemicals is helping to fulfil the demand. According to the FAO reports, global cereal utilization for the year 2023/24 is likely to show an upward movement tendency compared to previous years. More global stocks of cereals are forecast by 2024. This suggests a steady supply of cereals to meet demand. The growing demand for cereals highlights the importance of improving agricultural productivity, potentially leading to greater use of biopesticides to protect the crops, optimize yields and meet global requirements.

In the mode of application segment, seed treatment to grow at the highest rate in the biopesticides market.

Seed treatment is growing at the highest rate in the biopesticides market due to increase in the sustainable agriculture practices. This is because the treated seeds have the potential to enhance crop protection right from the very early stage of development, hence reducing the usage of chemical pesticides later on during the growth cycle. Moreover, the growing concern about soil health and environmental impact has accelerated the usage of biopesticide-based seed treatment, which offers bio-targeted control of pests, improvement in crop yield health, and reduction in residue levels in harvested produce.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=267

The North America region holds a significant market share in the biopesticides market

The biopesticides market holds a significant share in North America because of the well-built infrastructure for agriculture and large adoption of modern technologies related to crop protection in this region. In this region, farming practices are extensive and varied, with the need for effective biopesticides solutions against a wide range of fungal diseases, pests and high yields. The Rio Grande Valley (citrus fruits) in Texas and Mexico, California's Central Valley (fruits and vegetables), the Gulf Coastal Plain (vegetables), and the Appalachian sandy valleys are all important agricultural areas in this zone (for cotton and tobacco). Moreover, this region also houses key manufacturers of biopesticides and investment in continuous research and development that fuels innovation and product availability. Government regulatory support for agriculture productivity also aids the demand for biopesticides, thereby cementing North America's dominant position within the global market.

Key players in this market include BASF SE (Germany), Bayer AG (Germany), Syngenta Group (Switzerland), UPL (India), Corteva (US), FMC Corporation (US), Nufarm (Australia), Sumitomo Chemical Co., Ltd. (Japan), Certis USA L.L.C. (US), Bioceres Crop Solutions (Argentina), Novonesis Group (Denmark), Koppert (Netherlands), Biobest Group NV (Belgium), Gowan Company (US), and Lallemand Inc (Canada).

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=267

Browse Adjacent Reports @ Agriculture Industry Market Research Reports & Consulting

Related Reports:

Agricultural Biologicals Market by Type (Biocontrol, Biostimulants, Biofertilizers), Source (Microbials, Macrobials, Semiochemicals, Natural Products), Mode of Application (Foliar Spray, Seed Treatment, Soil Treatment) - Global Forecast to 2029

Biorational Pesticides Market by Source (Botanical, Microbial, Non-organic), Type (Biorational Insecticides, Biorational Fungicides, Biorational Nematicides, Biorational Herbicides), Mode of Application, Formulation and Region - Global Forecast to 2028

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets Inc.
1615 South Congress Ave.
Suite 103,
Delray Beach, FL 33445
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/biopesticides.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/biopesticide.asp

View original content:https://www.prnewswire.co.uk/news-releases/biopesticides-market-worth-15-66-billion-by-2029--exclusive-report-by-marketsandmarkets-302263665.html