Global Bio-rational Pesticides Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global bio-rational pesticides market in its upcoming report titled, “Global Bio-rational Pesticides Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global bio-rational pesticides market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global bio-rational pesticides market report has been segmented on the basis of type, mode of application, formulation, and region.

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Bio-rational pesticides are natural products derived from various sources that are bio degradable. Primary sources include, plant extracts, insects etc. Bio-rational products are widely adopted in structural pest control and agriculture.

Increasing government initiatives for spreading awareness about bio-rational pesticides and promotions done by government organizations for adoption of bio-rational pesticides in developed and developing economies are major factors driving growth of the global bio-rational pesticides market. In addition, consumer shift towards organic foods, coupled with increasing incidence of crop damage due to pests and soil erosion due to use of chemical pesticides are other factors expected to boost growth of the global bio-rational pesticides market over the forecast period.

However, low shelf life of bio-rational pesticides is a major factor restraining growth of the global bio-rational pesticides market. Additionally, comparatively high costs of certain bio-rational pesticides and wide adoption and availability of chemical pesticides are other factors anticipated to hamper growth of the global market over the forecast period.

A major and rising trend witnessed in the global market is increasing adoption of bio-rational pesticides by farmers in developed economies, which is another factor projected to fuel growth of the global market to a significant extent.

Currently, the market in North America dominates the global bio-rational pesticides market in revenue terms, owing to growing awareness about bio-rational pesticides and increasing adoption of these type of pesticides as opposed to chemical based alternatives in the region. The market in Europe accounted for second-highest revenue share in the global bio-rational pesticides market, followed by markets in Asia Pacific, Latin America, and Middle East & Africa respectively. The market in Asia Pacific is projected to witness fastest growth in terms of revenue, owing to increasing number of government initiatives for spreading awareness and promoting use of bio-rational pesticides, especially in emerging economies in the region.

Global bio-rational pesticides market segmentation:

By Type:

• Insecticides
• Fungicides
• Others

By Mode of Application:

• Foliar spray
• Soil treatment
• Trunk injection

By Formulation:

• Liquid
• Dry

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa