The global biorational pesticide market size is estimated to stand at US$ 8.9 billion in 2024. The market is expected to reach to a generous valuation of US$ 39.7 billion by 2034, registering an impressive CAGR of 16.1%.
Biorational Pesticide Market Overview:
Attributes | Details |
---|---|
Biorational Pesticide Market Size (2024) | US$ 8.9 billion |
Biorational Pesticide Market Forecasted Size (2034) | US$ 39.7 billion |
Projected Value CAGR (2024 to 2034) | 16.1% |
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Biorational Pesticide Adoption Soars as Demand for Residue-free Organic Crops Skyrockets! The primary drivers of the biorational pesticides market are the rising demand for residue-free organic crops and the increased use of conventional technologies, both of which are environmentally sustainable.
Governments Drive Biorational Pesticide Boom with Emphasis on Natural Insecticides! The government is also pushing the use of natural insecticides instead of conventional ones in several nations, driving the biorational pesticide market expansion.
Technological Advancements Transform Pesticides into Sustainable Solutions! Due to significant research efforts in crop protection by leading industry players, RNAi-specific genes can now be activated by biological cues.
The introduction of RNA interference technology into biorational pesticides is a positive development. It supports crop protection methods that are ecologically harmless and have the potential to be more precise and successful in controlling pests.
In comparison to synthetic pesticides, biological insecticides frequently show less effectiveness. This implies the possibility of requiring larger doses or more frequent sprays to get equivalent natural enemy pest control levels. Using biorational pesticides more often or at higher dosages might result in higher total pest management costs. As a result, this element could render biorational pesticides less appealing to some consumers and businesses.
It might also be difficult to manage pests using pesticides derived environmentally or organically while guaranteeing quick and effective insect eradication when utilizing biorational pesticides with swift control. Biorational pesticides frequently target certain pests or are not very efficient against different insect populations or pest species in the same location. This precision may pose a constraint.
From 2019 to 2023, the biorational pesticide market showed staggering growth, boasting a 20.1% CAGR. Significant progress in ecologically friendly biorational insecticides in pest management techniques occurred during this period, indicating a favorable trend toward sustainable farming methods and increased farmer knowledge.
Historical CAGR (2019 to 2023) | 20.1% |
---|---|
Forecasted CAGR (2024 to 2034) | 16.1% |
The market for biorational pesticides is expected to exhibit a lower CAGR compared to the historical period. Despite the lower CAGR projection, ongoing advancements in sustainable agricultural practices contribute to a positive outlook for the biorational pesticide sector. As the most successful biorational pesticides, the development of microbial pesticides based on Bacillus thuringiensis (Bt) is expected to revolutionize the industry. In export markets where food residue issues are significant, these kinds of biorational pesticides can be used in lieu of competitive chemical products, which are prohibited.
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The North America biorational pesticide market stands out as a dominant force due to its strategic blend of eco-friendly solutions, heightened awareness of sustainable practices, and a robust commitment to agricultural innovation. Europe is witnessing steady growth in demand for biorational pesticides. Burgeoning emphasis on sustainable agriculture and stringent environmental regulations support this growth. There is likely to be a historical development in the Asia Pacific biorational pesticide industry. Rising awareness of eco-friendly agricultural practices is escalating demand for sustainable pest control solutions.
Country | United States |
---|---|
Forecasted CAGR (2024 to 2034) | 16.2% |
Market Size by 2034 | US$ 7.1 billion |
Country | United Kingdom |
---|---|
Forecasted CAGR (2024 to 2034) | 16.9% |
Market Size by 2034 | US$ 1.5 billion |
Country | China |
---|---|
Forecasted CAGR (2024 to 2034) | 16.7% |
Market Size by 2034 | US$ 6.1 billion |
Country | Japan |
---|---|
Forecasted CAGR (2024 to 2034) | 17.4% |
Market Size by 2034 | US$ 4.1 billion |
Country | South Korea |
---|---|
Forecasted CAGR (2024 to 2034) | 17.2% |
Market Size by 2034 | US$ 2.4 billion |
Demand for biorational pesticides in the United States is set to rise with an anticipated CAGR of 16.2% through 2034. Key factors influencing the pest control market include:
The United Kingdom biorational pesticide market is expected to surge at a CAGR of 16.9% through 2034. Top factors supporting the market expansion in the country include:
The China biorational pesticide market is forecasted to inflate at a CAGR of 16.7% through 2034. The main factors supporting the biopesticides market growth are:
Sales of biorational pesticides in Japan are estimated to record a CAGR of 17.4% through 2034. The primary factors bolstering the biorational pesticides market size are:
The market in South Korea is likely to exhibit a CAGR of 17.2% through 2034. Reasons supporting the growth of the biopesticides market in the country include:
As far as the source is concerned, the botanical segment is likely to dominate the revenue share of biorational pesticides through 2034, registering a CAGR of 16.0%. Similarly, the foliar spray segment is expected to dominate in terms of application, with a projected CAGR of 15.7% through 2034.
Segment | Forecasted CAGR (2024 to 2034) |
---|---|
Botanical | 16.0% |
Foliar Spray | 15.7% |
The botanical is set to take the spotlight in the market, a trend authenticated by factors such as:
Foliar spray is anticipated to lead the way, holding an impressive biorational pesticide market share. Factors supporting its sales are as follows:
Biorational pesticide market players employ diverse strategies to gain a competitive edge. Key strategies include expanding product portfolios with eco-friendly formulations, fostering strategic partnerships for research and development collaboration, and investing in advanced technologies for enhanced production efficiency. Additionally, market players prioritize extensive market outreach, engaging in targeted marketing campaigns to raise awareness. Maintaining a competitive advantage still requires constant innovation and a dedication to environmental sustainability.
Recent Developments
The biorational pesticide industry is forecasted to be valued at US$ 8.9 billion in 2024.
The global biorational pesticides market value is projected to surpass US$ 39.7 billion by 2034.
The CAGR of the biorational pesticide industry is estimated to be around 16.1% through 2034.
The United States, China, and Japan are key consumers of biorational pesticides as of 2024.
Bayer AG is the biorational pesticide industry leader.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 4.1. Historical Market Size Value (US$ Million) & Volume (Litre) Analysis, 2019 to 2023 4.2. Current and Future Market Size Value (US$ Million) & Volume (Litre) Projections, 2024 to 2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Source 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Litre) Analysis By Source, 2019 to 2023 5.3. Current and Future Market Size Value (US$ Million) & Volume (Litre) Analysis and Forecast By Source, 2024 to 2034 5.3.1. Botanical 5.3.2. Microbial 5.3.3. Minerals 5.3.4. Others 5.4. Y-o-Y Growth Trend Analysis By Source, 2019 to 2023 5.5. Absolute $ Opportunity Analysis By Source, 2024 to 2034 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Litre) Analysis By Application, 2019 to 2023 6.3. Current and Future Market Size Value (US$ Million) & Volume (Litre) Analysis and Forecast By Application, 2024 to 2034 6.3.1. Foliar Spray 6.3.2. Soil Treatment 6.3.3. Trunk Injection 6.3.4. Others 6.4. Y-o-Y Growth Trend Analysis By Application, 2019 to 2023 6.5. Absolute $ Opportunity Analysis By Application, 2024 to 2034 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Type 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Litre) Analysis By Type, 2019 to 2023 7.3. Current and Future Market Size Value (US$ Million) & Volume (Litre) Analysis and Forecast By Type, 2024 to 2034 7.3.1. Biorational Insecticides 7.3.2. Biorational Fungicides 7.3.3. Biorational Nematicides 7.3.4. Others 7.4. Y-o-Y Growth Trend Analysis By Type, 2019 to 2023 7.5. Absolute $ Opportunity Analysis By Type, 2024 to 2034 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) & Volume (Litre) Analysis By Region, 2019 to 2023 8.3. Current Market Size Value (US$ Million) & Volume (Litre) Analysis and Forecast By Region, 2024 to 2034 8.3.1. North America 8.3.2. Latin America 8.3.3. Western Europe 8.3.4. Eastern Europe 8.3.5. South Asia and Pacific 8.3.6. East Asia 8.3.7. Middle East and Africa 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Litre) Trend Analysis By Market Taxonomy, 2019 to 2023 9.2. Market Size Value (US$ Million) & Volume (Litre) Forecast By Market Taxonomy, 2024 to 2034 9.2.1. By Country 9.2.1.1. USA 9.2.1.2. Canada 9.2.2. By Source 9.2.3. By Application 9.2.4. By Type 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Source 9.3.3. By Application 9.3.4. By Type 9.4. Key Takeaways 10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Litre) Trend Analysis By Market Taxonomy, 2019 to 2023 10.2. Market Size Value (US$ Million) & Volume (Litre) Forecast By Market Taxonomy, 2024 to 2034 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Source 10.2.3. By Application 10.2.4. By Type 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Source 10.3.3. By Application 10.3.4. By Type 10.4. Key Takeaways 11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Litre) Trend Analysis By Market Taxonomy, 2019 to 2023 11.2. Market Size Value (US$ Million) & Volume (Litre) Forecast By Market Taxonomy, 2024 to 2034 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. UK 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Western Europe 11.2.2. By Source 11.2.3. By Application 11.2.4. By Type 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Source 11.3.3. By Application 11.3.4. By Type 11.4. Key Takeaways 12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Litre) Trend Analysis By Market Taxonomy, 2019 to 2023 12.2. Market Size Value (US$ Million) & Volume (Litre) Forecast By Market Taxonomy, 2024 to 2034 12.2.1. By Country 12.2.1.1. Poland 12.2.1.2. Russia 12.2.1.3. Czech Republic 12.2.1.4. Romania 12.2.1.5. Rest of Eastern Europe 12.2.2. By Source 12.2.3. By Application 12.2.4. By Type 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Source 12.3.3. By Application 12.3.4. By Type 12.4. Key Takeaways 13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Litre) Trend Analysis By Market Taxonomy, 2019 to 2023 13.2. Market Size Value (US$ Million) & Volume (Litre) Forecast By Market Taxonomy, 2024 to 2034 13.2.1. By Country 13.2.1.1. India 13.2.1.2. Bangladesh 13.2.1.3. Australia 13.2.1.4. New Zealand 13.2.1.5. Rest of South Asia and Pacific 13.2.2. By Source 13.2.3. By Application 13.2.4. By Type 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Source 13.3.3. By Application 13.3.4. By Type 13.4. Key Takeaways 14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14.1. Historical Market Size Value (US$ Million) & Volume (Litre) Trend Analysis By Market Taxonomy, 2019 to 2023 14.2. Market Size Value (US$ Million) & Volume (Litre) Forecast By Market Taxonomy, 2024 to 2034 14.2.1. By Country 14.2.1.1. China 14.2.1.2. Japan 14.2.1.3. South Korea 14.2.2. By Source 14.2.3. By Application 14.2.4. By Type 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Source 14.3.3. By Application 14.3.4. By Type 14.4. Key Takeaways 15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15.1. Historical Market Size Value (US$ Million) & Volume (Litre) Trend Analysis By Market Taxonomy, 2019 to 2023 15.2. Market Size Value (US$ Million) & Volume (Litre) Forecast By Market Taxonomy, 2024 to 2034 15.2.1. By Country 15.2.1.1. GCC Countries 15.2.1.2. South Africa 15.2.1.3. Israel 15.2.1.4. Rest of MEA 15.2.2. By Source 15.2.3. By Application 15.2.4. By Type 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Source 15.3.3. By Application 15.3.4. By Type 15.4. Key Takeaways 16. Key Countries Market Analysis 16.1. USA 16.1.1. Pricing Analysis 16.1.2. Market Share Analysis, 2023 16.1.2.1. By Source 16.1.2.2. By Application 16.1.2.3. By Type 16.2. Canada 16.2.1. Pricing Analysis 16.2.2. Market Share Analysis, 2023 16.2.2.1. By Source 16.2.2.2. By Application 16.2.2.3. By Type 16.3. Brazil 16.3.1. Pricing Analysis 16.3.2. Market Share Analysis, 2023 16.3.2.1. By Source 16.3.2.2. By Application 16.3.2.3. By Type 16.4. Mexico 16.4.1. Pricing Analysis 16.4.2. Market Share Analysis, 2023 16.4.2.1. By Source 16.4.2.2. By Application 16.4.2.3. By Type 16.5. Germany 16.5.1. Pricing Analysis 16.5.2. Market Share Analysis, 2023 16.5.2.1. By Source 16.5.2.2. By Application 16.5.2.3. By Type 16.6. UK 16.6.1. Pricing Analysis 16.6.2. Market Share Analysis, 2023 16.6.2.1. By Source 16.6.2.2. By Application 16.6.2.3. By Type 16.7. France 16.7.1. Pricing Analysis 16.7.2. Market Share Analysis, 2023 16.7.2.1. By Source 16.7.2.2. By Application 16.7.2.3. By Type 16.8. Spain 16.8.1. Pricing Analysis 16.8.2. Market Share Analysis, 2023 16.8.2.1. By Source 16.8.2.2. By Application 16.8.2.3. By Type 16.9. Italy 16.9.1. Pricing Analysis 16.9.2. Market Share Analysis, 2023 16.9.2.1. By Source 16.9.2.2. By Application 16.9.2.3. By Type 16.10. Poland 16.10.1. Pricing Analysis 16.10.2. Market Share Analysis, 2023 16.10.2.1. By Source 16.10.2.2. By Application 16.10.2.3. By Type 16.11. Russia 16.11.1. Pricing Analysis 16.11.2. Market Share Analysis, 2023 16.11.2.1. By Source 16.11.2.2. By Application 16.11.2.3. By Type 16.12. Czech Republic 16.12.1. Pricing Analysis 16.12.2. Market Share Analysis, 2023 16.12.2.1. By Source 16.12.2.2. By Application 16.12.2.3. By Type 16.13. Romania 16.13.1. Pricing Analysis 16.13.2. Market Share Analysis, 2023 16.13.2.1. By Source 16.13.2.2. By Application 16.13.2.3. By Type 16.14. India 16.14.1. Pricing Analysis 16.14.2. Market Share Analysis, 2023 16.14.2.1. By Source 16.14.2.2. By Application 16.14.2.3. By Type 16.15. Bangladesh 16.15.1. Pricing Analysis 16.15.2. Market Share Analysis, 2023 16.15.2.1. By Source 16.15.2.2. By Application 16.15.2.3. By Type 16.16. Australia 16.16.1. Pricing Analysis 16.16.2. Market Share Analysis, 2023 16.16.2.1. By Source 16.16.2.2. By Application 16.16.2.3. By Type 16.17. New Zealand 16.17.1. Pricing Analysis 16.17.2. Market Share Analysis, 2023 16.17.2.1. By Source 16.17.2.2. By Application 16.17.2.3. By Type 16.18. China 16.18.1. Pricing Analysis 16.18.2. Market Share Analysis, 2023 16.18.2.1. By Source 16.18.2.2. By Application 16.18.2.3. By Type 16.19. Japan 16.19.1. Pricing Analysis 16.19.2. Market Share Analysis, 2023 16.19.2.1. By Source 16.19.2.2. By Application 16.19.2.3. By Type 16.20. South Korea 16.20.1. Pricing Analysis 16.20.2. Market Share Analysis, 2023 16.20.2.1. By Source 16.20.2.2. By Application 16.20.2.3. By Type 16.21. GCC Countries 16.21.1. Pricing Analysis 16.21.2. Market Share Analysis, 2023 16.21.2.1. By Source 16.21.2.2. By Application 16.21.2.3. By Type 16.22. South Africa 16.22.1. Pricing Analysis 16.22.2. Market Share Analysis, 2023 16.22.2.1. By Source 16.22.2.2. By Application 16.22.2.3. By Type 16.23. Israel 16.23.1. Pricing Analysis 16.23.2. Market Share Analysis, 2023 16.23.2.1. By Source 16.23.2.2. By Application 16.23.2.3. By Type 17. Market Structure Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Market Share Analysis of Top Players 17.3.1. By Regional 17.3.2. By Source 17.3.3. By Application 17.3.4. By Type 18. Competition Analysis 18.1. Competition Deep Dive 18.1.1. Bayer AG 18.1.1.1. Overview 18.1.1.2. Product Portfolio 18.1.1.3. Profitability by Market Segments 18.1.1.4. Sales Footprint 18.1.1.5. Strategy Overview 18.1.1.5.1. Marketing Strategy 18.1.1.5.2. Product Strategy 18.1.1.5.3. Channel Strategy 18.1.2. Syngenta AG 18.1.2.1. Overview 18.1.2.2. Product Portfolio 18.1.2.3. Profitability by Market Segments 18.1.2.4. Sales Footprint 18.1.2.5. Strategy Overview 18.1.2.5.1. Marketing Strategy 18.1.2.5.2. Product Strategy 18.1.2.5.3. Channel Strategy 18.1.3. Monsanto Bioag 18.1.3.1. Overview 18.1.3.2. Product Portfolio 18.1.3.3. Profitability by Market Segments 18.1.3.4. Sales Footprint 18.1.3.5. Strategy Overview 18.1.3.5.1. Marketing Strategy 18.1.3.5.2. Product Strategy 18.1.3.5.3. Channel Strategy 18.1.4. BASF SE 18.1.4.1. Overview 18.1.4.2. Product Portfolio 18.1.4.3. Profitability by Market Segments 18.1.4.4. Sales Footprint 18.1.4.5. Strategy Overview 18.1.4.5.1. Marketing Strategy 18.1.4.5.2. Product Strategy 18.1.4.5.3. Channel Strategy 18.1.5. Gowan Company, LLC 18.1.5.1. Overview 18.1.5.2. Product Portfolio 18.1.5.3. Profitability by Market Segments 18.1.5.4. Sales Footprint 18.1.5.5. Strategy Overview 18.1.5.5.1. Marketing Strategy 18.1.5.5.2. Product Strategy 18.1.5.5.3. Channel Strategy 18.1.6. Valent Biosciences 18.1.6.1. Overview 18.1.6.2. Product Portfolio 18.1.6.3. Profitability by Market Segments 18.1.6.4. Sales Footprint 18.1.6.5. Strategy Overview 18.1.6.5.1. Marketing Strategy 18.1.6.5.2. Product Strategy 18.1.6.5.3. Channel Strategy 18.1.7. Isagro SAP 18.1.7.1. Overview 18.1.7.2. Product Portfolio 18.1.7.3. Profitability by Market Segments 18.1.7.4. Sales Footprint 18.1.7.5. Strategy Overview 18.1.7.5.1. Marketing Strategy 18.1.7.5.2. Product Strategy 18.1.7.5.3. Channel Strategy 18.1.8. Koppert 18.1.8.1. Overview 18.1.8.2. Product Portfolio 18.1.8.3. Profitability by Market Segments 18.1.8.4. Sales Footprint 18.1.8.5. Strategy Overview 18.1.8.5.1. Marketing Strategy 18.1.8.5.2. Product Strategy 18.1.8.5.3. Channel Strategy 18.1.9. Marrone Bio Innovations 18.1.9.1. Overview 18.1.9.2. Product Portfolio 18.1.9.3. Profitability by Market Segments 18.1.9.4. Sales Footprint 18.1.9.5. Strategy Overview 18.1.9.5.1. Marketing Strategy 18.1.9.5.2. Product Strategy 18.1.9.5.3. Channel Strategy 18.1.10. Russell IPM 18.1.10.1. Overview 18.1.10.2. Product Portfolio 18.1.10.3. Profitability by Market Segments 18.1.10.4. Sales Footprint 18.1.10.5. Strategy Overview 18.1.10.5.1. Marketing Strategy 18.1.10.5.2. Product Strategy 18.1.10.5.3. Channel Strategy 19. Assumptions & Acronyms Used 20. Research Methodology
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