Tamaño del mercado global de biopesticidas, alcance, informe y pronóstico hasta 2029

Research Nester has released a report titled “Biopesticides Market: Global Demand Analysis & Opportunity Outlook 2029,” which also includes some of the key market analysis parameters such as industry growth drivers, restraints, supply and demand risks, and the impact of COVID-19, and an in-depth discussion of the latest trends and future opportunities associated with the growth of the market.
Further information can be found at https://www.researchnester.com/reports/biopesticides-market/3320
According to statistics from the Research Institute of Organic Agriculture (FiBL), 72.3 million hectares of organic agricultural land were registered worldwide in 2019. In addition, the largest share of organically farmed land was recorded in Oceania, followed by Europe, Latin America, Asia, North America and Africa with 35.9 million hectares, 16.5 million hectares, 8.3 million hectares, 5.9 million hectares, 3.6 million hectares and 2 million hectares.
The statistics show the growing availability of organically farmed land worldwide, which is expected to boost demand for biopesticides among farmers for agricultural purposes. Worldwide, sales of organic food have increased dramatically in recent years. As a result, there is a growing need among farmers to increase their organic products to meet the growing demand for such food products. In addition, increasing awareness of the benefits of using biopesticides as well as strict government standards for the use of toxic pesticides are some of the additional factors that are expected to drive the market growth.
The global market growth for biopesticides is expected to grow at a CAGR of 13.4% during the forecast period, i.e. 2021-2029. The market generated revenue of $4590.9 million in 2020 and is expected to reach $14191.5 million by the end of 2029. On the basis of type, the market is segmented into insecticides, herbicides, bactericides, fungicides and nematicides. of which the insecticides segment is expected to hold the largest market revenue during the forecast period, reaching market revenue of $3270.9 million by the end of 2029 by growing at a CAGR of 12.6% during the forecast period.
Based on geographic analysis, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa regions. Among the markets in these regions, the North American market is expected to hold the largest market share of 38.13% by the end of 2029. In the same year, the market is expected to generate sales of $5411.9 million, supported by the government’s growing initiatives to promote organic food culture and meet the increasing demand for clean and healthy food among end users.
However, the high cost of biopesticides is one of the main factors expected to hamper the market growth.
This report also presents the existing competitive scenario of some of the key players in the global biopesticides market, including company profiles of 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.
Profiling includes key information from the companies, which includes a business overview, products and services, key financial metrics, and current news and developments. Finally, the report, titled “Biopesticides Market: Global Demand Analysis & Opportunity Outlook 2029,” analyzes the entire global biopesticides industry to help new entrants understand the details of the market. In addition, this report guides existing players looking for expansion and major investors looking to invest in the global biopesticides market in the near future.Sample Report anfordern@ https://www.researchnester.com/sample-request-3320
Research Nester is a leading provider of strategic market research and consulting.
Our goal is to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives make smart decisions for their future marketing strategy, expansion and investment, etc. We believe that any company can broaden its new horizons if it is properly managed at the right time and is available through strategic minds. Our unconventional thinking helps our clients make smart decisions to avoid future uncertainty.
Contact us:AJ Daniel
Email: info@researchnester.com
US Phone: +1 646 586 9123
United Kingdom Phone:
+44 203 608 5919