Biopesticides Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2026

The global biopesticides market is anticipated to witness momentous growth over the coming years owing to the rapidly rising organic farming trend. Biopesticides are particular kinds of pesticides that are derived from a plethora of different natural materials such as plants, animals, certain minerals, and bacteria.

Biopesticides, also known as biochemical pesticides, are substances that can be found naturally that control the spread of pests through a variety of non-toxic mechanisms. Traditional pesticides, in contrast, are typically synthetic materials which directly inactivate or kill the pests.

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Demand for biopesticides is growing rapidly owing to the plethora of benefits they offer. Biopesticides are typically less toxic inherently than conventional pesticides. They are often effective in significantly small quantities and also decompose quickly, which results in lower exposures, avoiding pollution problems that are caused by traditional pesticides.

Biopesticides also generally affect just the target pests and the organisms that are closely related to them, in contrast to a wide array of conventional pesticides that might affect other organisms such as birds, mammals, and insects.

The overall biopesticides market landscape is divided into product, application, crop, form, source, and region.

The product segment is divided into BioHerbicides, Bio Insecticides, BioFungicides, and others. The other biopesticides segment includes oil, sulfur, insect repellent, moth control, and other biochemical.

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In terms of source, the overall biopesticides market is divided into microbial, biochemical, and others. The others segment includes predatory biopesticides and pheromones. Pheromones are produced and released into the environment by animals, especially an insect or a mammal. They affect the physiology and behavior of another animal of the same species.

From a regional perspective, the expanding production capacity of biopesticides coupled with the shift towards organic farming practices, is driving the LATAM biopesticides market growth. the Middle East and Africa biopesticides market is slated to witness significant growth in coming years. Rise in agricultural productivity along with enhanced focus on exportation to developed countries in Europe is projected to surge the MES biopesticides demand.

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