About Biological Pesticide
Biological Pesticides are various biologically active natural substances that exist in nature and have inhibitory effects on crop diseases and insect pests. In Recent times, bio-pesticides are widely used in order to protect crops against diseases and insects due to various disadvantages associated with chemical pesticides. However, a large number of industries are entering into biological pesticide market due to growing demand for the formulation of environment-friendly pesticides. Many developing countries are promoting locally sourced biological pesticides by simplified registration, R&D grants, and support of local production units.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
BASF (Germany), Bayer AG (Germany), Syngenta (Switzerland), DuPont (United States), Sumitomo Chemical (Japan), DOW (United States), Mitsui Chemicals (Japan), Nufarm (Australia), Cheminova (Denmark) and UPL Limited (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Biological Pesticide market by Type (Microbial Pesticides (Bacterial Biopesticides, Viral Biopesticides, Fungal Biopesticides), Biochemical Pesticides (Botanicals, Semiochemicals, Growth Regulators) and Plant Incorporated Protectants (PIPS)), Application (Soil Treatment, Foliar Spray and Seed Treatment) and Region.
On the basis of geography, the market of Biological Pesticide has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Liquid will boost the Biological Pesticide market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Biological Pesticide market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Crop Type, the sub-segment i.e. Plantation Crops will boost the Biological Pesticide market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Development of New Solutions and Increased Focus on Innovations and R&D Activities
Market Growth Drivers:
Increased Demand of Pesticides or Insecticides in Agriculture to Control Weeds, Insect Infestation, and Diseases and Government Stringent Regulations towards the Use of Vicious and Hazardous Pesticides for Crop Protection
Challenges:
Less Availability of Suitable Bio Pesticides and High Cost
Restraints:
Shorter Persistence in Environment and Vulnerability to Unfavorable Environmental Conditions
Opportunities:
Growing Use of Plant and Microbe-based Biological Pesticide for Sustainable Crop Protection
Market Leaders and their expansionary development strategies
In October 2020, Syngenta Group announced the acquisition of Valagro, a leading Biologicals company. Valagro's well-established portfolio in biostimulants and specialty nutrients will complement both Syngenta Crop Protection's current range of biostimulants and biocontrols, as well as its future pipeline of biological solutions. This acquisition is fully in line with Syngenta Crop Protection’s strategy to provide growers with additional complimentary choices of products and technologies in order to effectively and sustainably care for their crops by managing resistance, enhancing soil health, reducing residues in crops, and addressing consumer demands.
In March 2020, Oro Agri launched its new bio-insecticide in the Netherlands to expand its portfolio in Europe. The new product is based on orange oil and authorized for use on tomatoes, bell peppers, chillis, cucurbitaceae, and ornamentals in glasshouses. It provides protection against spider mites, whiteflies, thrips, aphids, scaly insects, and mealybugs.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Biological Pesticide Manufacturers, Suppliers and Distributors of Biological Pesticide, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.