The global biorational pesticides market was valued at US$ 7.5 billion in 2023 and is anticipated to reach US$ 15.1 billion by 2028, witnessing a CAGR of 15.2% during the forecast period 2023-2028. The global biorational pesticides market was valued 6.5 billion USD in 2022.
The world of agriculture is undergoing a transformation. Organic farming is on the rise, driven by a desire for safe, sustainable food production. This shift has fueled the growth of the biorational pesticides market, a sector poised for explosive expansion.
Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=57324225
Why Biorational Pesticides?
Biorational pesticides are derived from natural sources like plants, microbes, and even minerals. Unlike conventional chemical pesticides, they pose minimal risks to human health and the environment. This perfect alignment with the principles of organic farming makes them a natural choice for eco-conscious farmers.
Biorational Pesticides Market Growth Drivers
The biorational pesticides market is booming, thanks to several key factors:
- Rising Organic Farming: The rapid expansion of organic farming practices is creating a massive demand for safer pest control solutions.
- Government Support: Public and private sectors are investing heavily in research and development, leading to a constant stream of innovative biorational products.
- Storage and Application Benefits: Botanical-based biorational pesticides boast extended shelf life and simpler storage requirements compared to microbial options. Additionally, liquid formulations offer easier application and better coverage for superior pest management.
North America Leads the Charge
North America is a leader in the biorational pesticides market. Stringent regulations on conventional chemical pesticides are pushing farmers towards safer alternatives. The recent ban on chlorpyrifos by the US EPA exemplifies this commitment to sustainable practices.
Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=57324225
The Future is Bright
With a growing focus on environmental responsibility and consumer health, the future of biorational pesticides looks bright. As research continues and new products emerge, we can expect even wider adoption of these sustainable pest control solutions. This shift promises a greener future for agriculture, ensuring safe food for generations to come.
