Product ID: SQMIG15C2032
Report ID:
SQMIG15C2032 |
Region:
Global |
Published Date: February, 2024
Pages:
158
|
Tables:
145 |
Figures:
78
Biopesticides Market size was valued at USD 5.61 billion in 2019 and is poised to grow from USD 6.51 billion in 2023 to USD 18.15 billion by 2031, growing at a CAGR of 15.77% in the forecast period (2024-2031).
Pesticides derived from natural resources such as plants, animals, bacteria, and minerals are known as biopesticides. Natural substances that control pests (biochemical pesticides), microorganisms that control pests (microbial pesticides), and biochemical plant growth regulators are all examples of biopesticides. In agricultural practices, biopesticides are used for insect control, disease control, weed control, nematode control, plant physiology, and productivity. Non-target organisms, such as beneficial insects and wildlife, are not harmed by biopesticides.
Many biopesticides are biodegradable as well. They decompose quickly and have no negative impact on surface or groundwater. Biopesticides are typically effective in small quantities, removing pollution concerns. Biopesticides are typically applied to plants and crops. In many crops, biopesticides are replacing synthetic pesticides, and they are playing an important role in agriculture and sustainable practices. Biopesticides are the best long-term crop protection solutions because they allow crops to grow without the use of chemicals or synthetic treatments and are not harmful to humans or livestock. Biopesticides are becoming increasingly popular in agriculture, and their demand is expected to skyrocket.
Growing demand for organic food and organic agriculture around the world drives demand for biological pesticides, propelling the overall Biopesticides Market forward. As consumers become more aware of the chemicals used in food production and the potential hazards of chemical residue on food, they are supporting chemical-free production alternatives, encouraging growers to practice organic farming, and driving demand for biopesticides.
US Biopesticides Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONBiopesticides Market size was valued at USD 5.61 billion in 2019 and is poised to grow from USD 6.51 billion in 2023 to USD 18.15 billion by 2031, growing at a CAGR of 15.77% in the forecast period (2024-2031).
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Product ID: SQMIG15C2032