The global biopesticides market is anticipated to grow with a significant CAGR of around 12% during the forecast period. Biopesticides products usually fight only their intended pests and don’t affect any non-target species such as other insects, birds, and mammals, unlike the chemical pesticides which will drive the adoption of the biopesticides. Hence, the increased adoption of the biopesticides product will propel the biopesticides industry during the forecast period. In addition to this, the production and usages of biopesticides don’t release any toxic ingredients and have no significant fatal effects on the environment which will also drive the biopesticides market during the forecast period.

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Moreover, the biopesticides contain considerably fewer toxic ingredients and hence causes very less pollution in the environment. In addition, due to fewer toxic ingredients, the quality of soil doesn’t get affected. Besides, most of the biopesticide products occur naturally which reduces the cost of production resulting in relatively cheaper prices of biopesticides products. Therefore, the low prices of biopesticides products will expand the biopesticides market size.

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Furthermore, the pests don’t become resistant to biopesticides products after their use for a long period, which in turn, will drive the global biopesticides industry. Hence, as the consumers are becoming aware of the benefits posed by the biopesticides products, the demand for biopesticides is raising significantly, impacting the biopesticides market significantly.

Among the major benefits of incorporating biopesticides into sustainable agriculture practices is that they do not damage the beneficial insects present in the soil. The use of biopesticides is also reducing the reliance on chemical pesticides. Biopesticides pose significantly short pre-harvest intervals and hence these are safe to use on fresh fruits and vegetables. In addition to this, biopesticide products are also effective in small quantities. Consequently, the use of biopesticide products aids in practicing sustainable pest management and hence, contributing considerably towards sustainable agriculture practices. This is anticipated to drive the market growth during the forecast period.

Global Biopesticides Market- Segmentation

By Type

Bioherbicide
Bioinsecticide
Biofungicide
Others

By Source

Microbial Pesticide
Plant Pesticide
Biochemical Pesticide

By Application

Foliar Spray
Seed Treatment
Soil Treatment
Post-harvest

Global Biopesticides Market-Segment by Region

North America

US
Canada

Europe

Germany
UK
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Latin America
Middle East Africa

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