What is 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.
The market study is broken down by Type (Botanical Pesticide, Zooid Pesticide, Microbial Pesticides and Others), by Application (Agriculture, Forestry and Others) and major geographies with country level break-up.
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.
AdvanceMarketAnalytics has segmented the market of Global Biological Pesticide market by Type, Application 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.
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.
- Development of New Solutions and Increased Focus on Innovations and R&D Activities
- Increased Demand of Pesticides or Insecticides in Agriculture to Control Weeds, Insect Infestation, and Diseases
- Government Stringent Regulations towards the Use of Vicious and Hazardous Pesticides for Crop Protection
- Growing Use of Plant and Microbe-based Biological Pesticide for Sustainable Crop Protection
- Shorter Persistence in Environment and Vulnerability to Unfavorable Environmental Conditions
- Less Availability of Suitable Bio Pesticides and High Cost
Key Target AudienceNew 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 ApproachTo 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 the 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 purpose to understand companys positioning regarding 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 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, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as 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) etc.
2. Can we have customized study for Biological Pesticide Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Biological Pesticide Market by 2026?
Analysts at AMA estimates Biological Pesticide Market to reach USD Million by 2026.