Biorational Product Market Trends, Key Players, DROT, Analysis & Forecast Till 2028

The global biorational product market size reached USD 4.73 Billion in 2020 and is expected to register a revenue CAGR of 19.5%, during the forecast period, according to latest analysis by Emergen Research. Adverse impact of synthetic pesticides and rising demand for organic agricultural food products are some of the major factors driving global biorational product market revenue growth. Revenue growth of the market is also expected to be driven by rising demand for integrated pest management. Chemical pesticides have adverse effect on crops and human health. Excessive use of chemical pesticides contaminates crops, soil, and groundwater. In order to avoid risks and adverse effects and outcomes, use of biorational products is expected to continue to increase, thereby boosting global biorational product market revenue growth.

The report offers a comprehensive assessment of recent technological developments, product advancements, current and emerging trends, key statistical data, forecast estimation, and major companies operating in the market. The report also analyses key elements such as growth trends, concentration area, business expansion strategies, market reach, and other key features that offer companies insightful data to fortify their position in the Biorational Product industry.

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However, lack of awareness regarding biorational products and continuous change in composition of biorational products are expected to hamper growth of the global biorational product market to some extent over the forecast period. 

Some Key Highlights From the Report

Insecticides segment revenue is expected to expand at a significantly rapid CAGR during the forecast period due to effective control over insects and pests, but less effective control over non-targeted organisms such as animals and others.

Microbial segment is expected to register a significantly robust revenue growth rate over the forecast period. Pesticides produced from microbial sources involve living organisms or by-products of living organisms. Bacteria and fungus are the main sources of microbial insecticides. These are used as a substitute for chemical pesticides.

North America is expected to register substantially large revenue share over the forecast period due to rising demand for organic agricultural food products. Besides, robust presence of major companies such as Bioworks, Inc. and Gowan Company LLC among others in countries in the region is boosting market revenue growth.

The research report offers in-depth insights into company profiles along with their production values, production capacity, product portfolio, strategic plans such as mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, government and corporate deals, among others. The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry.

Leading Players Profiled in the Report:

Agralan Ltd., BASF SE, Bayer Agrar Germany, Bioworks, Inc., Gowan Company LLC, Inora Biotech Pvt. Ltd., Isagro S.P.A, Koppert Biological Systems, Monsanto Company, and Nufarm Limited.

The report analyzes the market based on different categories such as product types, end-user applications, and leading geographical regions. It offers key insights into the factors that are expected to influence the growth of the segments and sub-segments.

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Emergen Research has segmented the global biorational product on the basis of type, source, mode of application, and region:

Type Outlook (Revenue, USD Billion, Volume, Tons; 2018–2028)

Insecticides

Fungicides

Nematicides

Source Outlook (Revenue, USD Billion, Volume, Tons; 2018–2028)

Botanical

Microbial

Non-organic

Mode of Application Outlook (Revenue, USD Billion, Volume, Tons; 2018–2028)

Foliar Spray

Soil Treatment

Trunk Injection

The report studies the market in these regions on the basis of demand and trends, consumer behavior and preferences, government initiatives and regulatory framework, economic growth, technological developments, supply and demand, production and consumption patterns, import/export, and presence of key players in each region.

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According to the regional analysis, the market is primarily spread over key geographical regions as follows:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Overview of the Biorational Product Market Report:

Introduction, Product Scope, Market Overview, and Opportunities

Analysis of the Manufacturers with sales, revenue, and price analysis

Comprehensive analysis of the competitive landscape

Extensive profiling of the key competitors along with their business strategies and market size

Regional analysis of the market along with sales, revenue, market share, and global position

Country-wise analysis of the market along with types, applications, and manufacturing

Strategic recommendations to established players as well as new entrants

In-depth analysis of the risks, restraints, and limitations in the Biorational Product industry

Thank you for reading our report. For further information or query regarding the report or its customization, please connect with us. Our team will ensure you get a report well-suited to your needs.

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Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

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