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Biogenic Pesticide Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2031)
The "Biogenic Pesticide Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Biogenic Pesticide market is expected to grow annually by 7.5% (CAGR 2024 - 2031).
This entire report is of 175 pages.
Biogenic Pesticide Introduction and its Market Analysis
The biogenic pesticide market research report highlights the growing demand for environmentally friendly pest control solutions. Biogenic pesticides are derived from natural sources like plants, animals, and microorganisms, making them safer for humans and the environment. The target market for biogenic pesticides includes agriculture, public health, and residential use. Major factors driving revenue growth in the biogenic pesticide market include increasing awareness about the harmful effects of synthetic pesticides, stringent government regulations, and the rising adoption of organic farming practices. Companies like Bayer, Syngenta, BASF, and Monsanto are leading players in the biogenic pesticide market, with a strong focus on research and development. The report's main findings suggest a significant shift towards biogenic pesticides in the agricultural sector and recommend investing in sustainable pest management solutions to capitalize on this growing market trend.
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The biogenic pesticide market is witnessing a surge with the increasing demand for environmentally friendly and sustainable pest control solutions. This market is segmented into botanical pesticides, zooid pesticides, and others, catering to various applications such as agriculture, forestry, and others.
Regulatory and legal factors play a crucial role in shaping the market conditions for biogenic pesticides. Governments are imposing strict regulations on the use of chemical pesticides, encouraging the adoption of biogenic alternatives. Companies in this market must adhere to safety standards and sustainability practices to ensure compliance with regulations and legal requirements.
With the growing awareness about the harmful effects of chemical pesticides on human health and the environment, the biogenic pesticide market is expected to experience significant growth in the coming years. This market offers opportunities for innovation and research in developing new and effective biogenic pesticides to meet the growing demand for eco-friendly pest control solutions.
Top Featured Companies Dominating the Global Biogenic Pesticide Market
The biogenic pesticide market is highly competitive with several key players dominating the industry. Some of the major companies operating in this market include Bayer, Syngenta, BASF, Monsanto, DOW, DuPont, ADAMA, FMC, Nufarm, Arysta, UPL, Mitsui Chemicals, Cheminova, and Sumitomo Chemical. These companies offer a wide range of biogenic pesticides that are derived from natural sources such as plants, bacteria, and fungi.
These companies play a crucial role in the growth of the biogenic pesticide market by continuously investing in research and development to introduce innovative products that are more effective and environmentally friendly. They also engage in strategic partnerships and collaborations to expand their market presence and meet the growing demand for sustainable agricultural solutions.
For example, Bayer has a strong presence in the biogenic pesticide market with its range of biological crop protection products that are gaining popularity among farmers for their effectiveness and safety. Similarly, Syngenta, BASF, and Monsanto are also investing heavily in biogenic pesticides to address the increasing concerns about chemical residues in food and the environment.
In terms of sales revenue, Bayer reported a revenue of $ billion in 2020, while Syngenta and BASF reported revenues of $15.4 billion and $66.9 billion, respectively. These numbers reflect the significant market share and revenue potential of these companies in the biogenic pesticide market.
Overall, the companies mentioned above are leading the way in promoting sustainable agriculture practices through the development and commercialization of biogenic pesticides. Their efforts are not only helping to protect crops from pests and diseases but also contributing to the overall growth of the biogenic pesticide market worldwide.
- Bayer
- Syngenta
- BASF
- Monsanto
- DOW
- DuPont
- ADAMA
- FMC
- Nufarm
- Arysta
- UPL
- Mitsui Chemicals
- Cheminova
- Cheminova
- Sumitomo chemical
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Biogenic Pesticide Market Analysis, by Type:
- Botanical Pesticide
- Zooid Pesticide
- Others
Biogenic pesticides are derived from natural sources which are safe and environmentally friendly. Botanical pesticides are derived from plants like neem oil and pyrethrum, while zooid pesticides are derived from animal sources like bacteria and fungi. Other biogenic pesticides include pheromones, which disrupt insect mating patterns. These types of biogenic pesticides help in boosting the demand of the market as consumers are increasingly looking for safer and more sustainable alternatives to conventional chemical pesticides. Additionally, the growing awareness about the harmful effects of synthetic pesticides on human health and the environment is driving the demand for biogenic pesticides.
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Biogenic Pesticide Market Analysis, by Application:
- Agriculture
- Forestry
- Others
Biogenic pesticides are derived from natural sources such as plants, animals, and microbes, making them environmentally friendly alternatives to synthetic pesticides. In agriculture, they are used to control pests on crops, improving crop yield and quality. In forestry, they protect trees from harmful insects and pathogens. They are also used in other applications such as animal health and public health. Among these, the agriculture segment is the fastest-growing in terms of revenue, driven by the increasing demand for organic and sustainable farming practices. Biogenic pesticides are applied through spraying, dusting, baiting, or seed treatment methods.
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Biogenic Pesticide Industry Growth Analysis, by Geography:
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
The biogenic pesticide market is experiencing significant growth in regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America, specifically the United States and Canada, is expected to dominate the market with a market share percent valuation of 35%. Europe, including countries like Germany, France, the ., and Italy, is also projected to hold a substantial market share of 30%. Asia-Pacific is anticipated to have a market share of 25%, with key markets in China, Japan, South Korea, India, and Australia. Latin America and the Middle East & Africa are expected to contribute 10% and 5% respectively to the biogenic pesticide market.
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