Shibuya-ku, Tokyo, Japan, Japan, Aug 15, 2021, 23:48 /Comserve / -- This detailed analysis includes market size and forecasts, covering regional analysis, trends, opportunities and COVID-19 analysis. The analysis also includes key players with business strategies and key indicators that influence market growth.
Biopesticides are a type of pesticides that are derived from natural materials such as animals, plants, bacteria, and certain minerals. Biopesticides are an effective way to control or manage target pests without hampering the natural state of the environment. These pesticides are also known to not affect the good microorganisms that are beneficial for the plant growth. The global biopesticides market is anticipated to grow with a CAGR of 13.4% during the forecast period, i.e., 2021-2029.
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"The Final Report will cover the impact analysis of COVID-19 on this industry: Global Biopesticides Market Insights by Latest Trends, Future Growth, Revenue Forecast, Demand Forecast Outlook 2029
Factors such as the growing demand for organic food products worldwide, surge in organic agricultural practices, rising awareness about the benefits of biopesticides, and the stringent government regulations for the use of toxic pesticides, are some of the major factors anticipated to drive the market growth during the forecast period. Moreover, the surge in advancements in the field of agricultural science is also expected to accelerate the growth of the market in the coming years. The market, which garnered a revenue of around USD 4600 Million in the year 2020, is further expected to reach close to USD 14200 Million by the end of 2029.
On the basis of geographical analysis, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa region, out of which, the market in North America is anticipated to hold the largest market revenue of over USD 5400 Million by the end of 2029. Further, the market in the Asia Pacific is expected to grow with the highest CAGR of close to 15% during the forecast period.
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"The Final Report will cover the impact analysis of COVID-19 on this industry: Global Biopesticides Market Insights by Latest Trends, Future Growth, Revenue Forecast, Demand Forecast Outlook 2029
Some of the leading market players in the global biopesticides market that are mentioned in our report are BASF SE, Bayer AG, Syngenta Group, Certis USA L.L.C., Isagro S.p.A., Andermatt Biocontrol AG, Marrone Bio Innovations, Inc., Novozymes A/S, Nufarm Limited, Biotalys NV, Terramera Inc., NewLeaf Symbiotics, Inc., Vestaron Corporation, and others.
Table Of Content
Global Biopesticides Market TOC
1. Market Definition
1.1. Market Definition
1.2. Market Segmentation
2. Assumptions and Acronyms
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
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