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Bioinsecticides - Global Market Outlook (2018-2027)

Bioinsecticides - Global Market Outlook (2018-2027)

Published: November 2019 ID: SMRC18677
Published: November 2019 ID: SMRC18677

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Bioinsecticides Market is accounted for $1,457.80 million in 2018 and is expected to reach $4,835.08 million by 2027 growing at a CAGR of 14.2% during the forecast period. Some of the key factors influencing the market growth include the rise in crop loss due to insects and diseases, rise in mutation in natural flora and infertility of soil due to chemical insecticides, changing farming practices and growing pest management industries. However, stringent regulatory policies on pesticides are restricting the market growth.

Bioinsecticides are organic formulations applied to crops to kill insects that feed on them. They contain live bacteria that produce toxins that poison and kill the insects. These bio-insecticides are composed of animals, plants, bacteria, or minerals found in nature. Bioinsecticides are sprayed on the crop as a pest repellent to control insects by attracting them to trap or disrupting their mating patterns. 

Based on the application, the fruits and vegetable segment is going to have a lucrative growth during the forecast period. Many fruits and vegetables have tested positive for the presence of pesticides. This has decreased the demand for chemical pesticide-treated fruits and vegetables. Bioinsecticides have a relatively lower residue level and are a perfect fit for the treatment of fruits and vegetables and hence fruit and vegetable forms the largest application area for bioinsecticides. 

By Geography, the Asia Pacific bioinsecticides market expected to grow at a significant rate over the forecast period due to an increase in the dependence on farming in India and China, an increase in awareness about bioinsecticide products benefits, and low cost of the products have bolstered the market in the region.

Some of the key players in global Bioinsecticides market are Syngenta AG, Bayer Cropscience AG, Isagro SPA, BASF SE, Valent Biosciences Corporation, Agrilife, Monsanto, Marrone Bio Innovations, ADAMA India Private Limited, Certis LLC, Bioworks, Inc., Biotech International Ltd, DowDupont, FMC Corporation, Koppert Biological Systems, Sumitomo Chemical, Novozymes AS, Shandong Weifang Rainbow Chemical Co., Ltd., Nufarm, and Nissan Chemical Corporation.

Types Covered:
• Bacillus Thuringiensis
• Verticillium Lecanii
• Beauveria Bassiana
• Metarhizium Anisopliae
• Other Types

Mode Of Actions Covered:
• Natural Insecticides
• Parasites
• Pathogens
• Predators
• Bio-Rationals

Sources Covered:
• Plant Extract
• Insect Viruses

Formulations Covered:
• Liquid Formulation
• Dry Formulation

Mechanisms Covered:
• Anti-Feeding
• Desiccation
• Mating Disruption
• Suffocation

Mode of Applications Covered:
• Soil Treatment
• Foliar Spray
• Post-Harvest
• Seed Treatment

Insects Covered:
• Insects and Mites
• Soil Insects
• Caterpillars

Applications Covered:
• Fruits & Vegetables
• Pulses & Oilseeds
• Grains & Cereals
• Commercial Crops
• Turfs & Ornamentals
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand      
o South Korea       
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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