Biorational Pesticides Market Size, Application Potential, By
Product, 2020-2027

Global biorational
pesticides market is expected to rise from its initial estimated value
of USD 3.2 billion in 2018 to an estimated value of USD 8.0 billion by 2026,
registering a CAGR of 12.30% during the forecast period of 2019-2026. This rise
in market value can be attributed to the rising consumer shift towards organic
foods and heavy crop loss owing to pest attacks.

Global Biorational Pesticides Market, By Type (Insecticides,
Fungicides, Nematicides, Others), Source (Botanical, Microbial, Non-organic,
Others), Application (Foliar Spray, Soil Treatment, Trunk Injection, Others),
Crop Type (Fruits & vegetables, Cereals & grains, Oilseeds &
pulses, Others), Formulation (Liquid, Dry), Geography (North America, South
America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and
Forecast to 2026

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Market
Definition: Global Biorational Pesticides Market

Pesticides
differ in their toxicity and also in potential ecological impact. The pest
control materials which are non-toxic to people along with few environmental
side-effects are termed as biorational pesticides. These are inexpensive, safe
and healthy products. Biorational is also referred as organic pesticides or
biopesticides. They are employed in forestry, gardens and agriculture. These
products are useful to farmers and growers to early detect and control pests.

Market
Drivers:

·       Growing farming practices and
technologies is driving the market growth

·       Various promotions by government
organizations is also expected to boost the market growth

Market
Restraints:

·       Limited availability of products is
restraining the market growth

·       Lower shelf life of biorational
pesticides is also expected to hinder the market growth

Key Developments in the Market:

·       
In July 2018, Valent BioSciences unveiled a new
biorational research facility at Libertyville’s stylish innovation park. This
strategy would help in the technological advancement of products.

·       
In January 2016, Valent BioSciences Corporation
announced an agreement with The BioAg Alliance for distributing certain
Actinovate biological fungicide products. This strategy would help in enhancing
the customer base.

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Few of the major competitors currently working in the global
biorational pesticides market are Bayer AG, Syngenta AG, Monsanto Company, BASF
SE, DowDuPont, Valent BioSciences LLC, ISAGRO S.p.A., Koppert B.V., Marrone Bio
Innovations, Russell IPM Ltd, Gowan Company, Suterra, Agralan Ltd, Rentokil
Initial plc, McLaughlin Gormley King Company, Summit Chemical, Inc, Prisms
India Private Limited, Godrej Agrovet Limited, Navagro and Safsorganic.

The key research methodology used by DBMR Research team is
data triangulation which involves data mining, analysis of the impact of data
variables on the market, and primary (industry expert) validation. Apart from
this, other data models include vendor positioning grid, market time line
analysis, market overview and guide, company positioning grid, company market
share analysis, standards of measurement, top to bottom analysis and vendor
share analysis. To know more about the research methodology, drop in an inquiry
to speak to our industry experts.

Few of the major competitors currently working in the global
biorational pesticides market are Bayer AG, Syngenta AG, Monsanto Company, BASF
SE, DowDuPont, Valent BioSciences LLC, ISAGRO S.p.A., Koppert B.V., Marrone Bio
Innovations, Russell IPM Ltd, Gowan Company, Suterra, Agralan Ltd, Rentokil
Initial plc, McLaughlin Gormley King Company, Summit Chemical, Inc, Prisms
India Private Limited, Godrej Agrovet Limited, Navagro and Safsorganic.

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