Biological Crop Protection (Bio-Pesticide) Market Insight: Market Trends, Growth, Forecasted from 2024 TO 2031
Market Overview and Report Coverage
Biological crop protection, also known as bio-pesticides, refers to natural substances derived from animals, plants, bacteria, and certain minerals used to control pests in agriculture. These bio-pesticides offer an environmentally friendly alternative to conventional chemical pesticides, reducing the harmful impact on the ecosystem and human health.
The future outlook for the biological crop protection market is promising, with increasing awareness about sustainable agriculture practices and growing demand for organic food products driving market growth. The market is expected to grow at a CAGR of 8% during the forecasted period, with key players investing in research and development to enhance the effectiveness of bio-pesticides.
Current trends in the biological crop protection market include the development of new formulations and delivery systems for bio-pesticides, partnerships and collaborations between companies to expand their product portfolios, and initiatives to educate farmers about the benefits of using bio-pesticides. Overall, the market is poised for steady growth in the coming years, offering sustainable solutions for pest control in agriculture.
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Market Segmentation
The Biological Crop Protection (Bio-Pesticide) Market Analysis by types is segmented into:
- Microbial Pesticides
- Biochemical Pesticides
- Plant-Incorporated Protectants (PIPs)
- Others
Biological crop protection, or bio-pesticides, can be divided into four main types: microbial pesticides, biochemical pesticides, plant-incorporated protectants (PIPs), and others. Microbial pesticides are made from microorganisms like bacteria, fungi, and viruses. Biochemical pesticides are naturally occurring substances, such as insect sex pheromones, that interfere with pests' behavior. PIPs are genetically modified plants that produce their own pesticides. Other bio-pesticides include semiochemicals and plant extracts. Each type of biological crop protection offers unique pest control benefits for farmers.
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The Biological Crop Protection (Bio-Pesticide) Market Industry Research by Application is segmented into:
- Fruits and Vegetables
- Cereals and Pulses
- Other Crops
Biological crop protection, or bio-pesticides, are increasingly being used in various crop markets including fruits and vegetables, cereals and pulses, and other crops. These bio-pesticides offer a more sustainable and environmentally friendly solution to pest management compared to traditional chemical pesticides. They help in improving crop yield and quality by reducing the impact of pests and diseases. The market application of bio-pesticides is expanding as more growers recognize the benefits they offer in different crop sectors.
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In terms of Region, the Biological Crop Protection (Bio-Pesticide) Market Players available by Region are:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
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What are the Emerging Trends in the Global Biological Crop Protection (Bio-Pesticide) market?
The global biological crop protection market is experiencing a shift towards sustainable and environmentally friendly solutions, driven by increasing concerns over chemical pesticide residues. Key trends include the rising preference for bio-pesticides over synthetic chemicals, technological advancements leading to the development of more effective and targeted bio-control agents, and the growing adoption of integrated pest management practices. Additionally, the increasing demand for organic produce and stringent regulations on pesticide use are fueling the growth of the bio-pesticide market. Collaboration between biotech companies and agricultural organizations for research and development is also a notable trend in the industry.
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Major Market Players
The Biological Crop Protection (Bio-Pesticide) market is highly competitive with several key players vying for market share. Some of the major players in the market include Bayer Crop Science, Valent BioSciences, Certis USA, Koppert, Syngenta, BASF, Corteva Agriscience, Andermatt Biocontrol, FMC Corporation, Marrone Bio, Isagro, Som Phytopharma India, Novozymes, Bionema, Jiangsu Luye, Chengdu New Sun, SEIPASA, Coromandel, and Jiangxi Xinlong Biological.
Among these players, Bayer Crop Science is a prominent player in the Biological Crop Protection market, with a strong global presence and a wide range of bio-pesticide products. The company has been investing heavily in research and development to introduce innovative and effective solutions in the market. Valent BioSciences is another key player known for its high-quality bio-pesticide products and a focus on sustainable agricultural practices.
The market for Biological Crop Protection is witnessing significant growth due to increasing awareness about the harmful effects of chemical pesticides on the environment and consumer health. The growing demand for organic and natural products is also driving the growth of the bio-pesticide market.
In terms of market size, the global Biological Crop Protection market was valued at around $ billion in 2020 and is expected to reach over $10 billion by 2025, growing at a CAGR of around 14%.
Some of the companies listed above have reported substantial sales revenues, with Bayer Crop Science generating over $10 billion in revenue in 2020, Syngenta with around $8.5 billion, and BASF with approximately $7.7 billion. These companies continue to invest in R&D and expand their product portfolios to gain a competitive edge in the market.
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