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The Global Biopesticides Market was $XX Bn in 2019, and it is expected to reach $XX Bn by 2028.

It is eventually growing at a commendable high compound of annual growth rate CAGR of XX%
between 2020-2028. However, the current pandemic of COVID-19 might make a slight difference in
the growth rate in the present year. The Biopesticides Market is primarily driven by factors such as
the growing trend of organic farming, rising demand for organic food, increasing awareness about the
use of biopesticides in enhancing environment safety, government initiatives to promote the use of
biopesticides in crop production, and rapid investment from leading crop protection players in
biopesticides sector. Moreover, higher crop yield and quality using Biopesticides are the most
prominent factor fueling the market growth over the forecast period.

Global Bioinsecticides Segment Is Estimated to Witness Remarkable Growth

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Source: SAI Research

The global Biopesticides Market has been segmented into Product Type, Formulation, Source Crop
Type, and Applications. By Product Type, the global Biopesticides Market is divided into –
Bioherbicides, Bioinsecticides, Biofungicides, Bionematicides, and Others. By Formulation, the global
Biopesticides Market is divided into - Liquid, and Dry. By Source, the global Biopesticides Market
is divided into - Microbials, Biochemicals, and Beneficial Insects. By Crop Type, the global
Biopesticides Market is divided into – Macroindicators, Cereals & Grains, Oilseeds & Pulses, Fruits
& Vegetables, and Others. By Application, the global Biopesticides Market is divided into Foliar
Spray, Seed Treatment, Soil Treatment, and Post-harvest. The Bioinsecticides Segment is estimated
to witness remarkable growth during the forecast period due to rising awareness of environmental
hazards occurred by chemical insecticides, high prevalence of insect-based infections, and increase
in number of resistant pests.

By Region, North America is Holding the Major Market Share

The global Biopesticides Market has been geographically segmented into North America, Asia
Pacific, Latin America, Middle East, and Africa region. In addition to this, the North America
Biopesticides Market is holding the largest market share currently and is estimated to show a steady
compound annual growth rate in the forecast period. The North American market is estimated to
witness rapid growth due to the rising international export standards, which encourages farmers to
adopt biological crop production. Moreover, increasing consumer demand for organic food, the
presence of major biopesticide manufacturers in the region is projected to upsurge the regional
market growth over the forecast period. Europe is following North America and is expected to witness
significant growth over the forecast period due to strong demand for organic products. The Asia
Pacific market is projected to register the fastest growth rate over the forecast period. The regional
growth is attributed to the higher demand for quality crop production, transforming agricultural
practices, and precision farming. The LAMEA region is also expected to exhibit decent growth during
the forecast timeline from 2020 to 2028.

Major Players in Biopesticides Market

Some of the key players in the global Biopesticides Market include Actagro LLC., Agbiochem Inc.,
Agbitech Pty Ltd., Bio-Tech Ltd., Amit Biotech, Amvac Chemical, Andermatt Biocontrol AG, Arbico
Organics, Bayer AG, and BASF SE.

The Global Biopesticides Market Has Been Segmented into:

Global Biopesticides Market: By Product Type

 Bioherbicides
 Bioinsecticides
 Biofungicides
 Bionematicides
 Others

Global Biopesticides Market: By Formulation

 Liquid
 Dry

Global Biopesticides Market: By Source

 Microbials
 Biochemicals
 Beneficial Insects

Global Biopesticides Market: By Crop Type

 Macroindicators
 Cereals & Grains
 Oilseeds & Pulses
 Fruits & Vegetables
 Others

Global Biopesticides Market: By Application

 Foliar Spray
 Seed Treatment
 Soil Treatment
 Post-harvest

Global Biopesticides Market: By Region

 North America
o USA
o Canada
o Mexico
o Rest of North America
 Europe
o UK
o Germany
o France
o Spain
o Italy
o Russia
o Rest of Europe
 Asia Pacific
o India
o China
o Japan
o South Korea
o Rest of Asia Pacific
 Latin America, Middle East & Africa
o Brazil
o South Africa
o UAE
o Rest of LAMEA

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