Global Biological Crop Protection Market By Type (Biofungicide, Bioinsecticide, and Bioherbicides), By Application (Fruit and Vegetables, and Cereals and Pulses Crops), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019-2029

Market.us announces publication of its most recently generated research report titled, “Global Biological Crop Protection Market by Product Type (Bioinsecticides, Biofungicides, Bioherbicides, and Other Product Types), By Application (Fruit and Vegetables, Cereals and Pulses Crops, and Other Applications), and by Region – Global Forecast to 2029”, which offers a holistic view of the global biological crop protection market through systematic segmentation that covers every aspect of the target market.

The global biological crop protection market is projected to be US$ 3,042.7 Mn in 2018 to reach US$ 13,879.6 Mn by 2029 at a CAGR of 15.1%.

Biological Crop Protection or bio-pesticides are compounds that are used to control agricultural pests and insects with the help of specific biological impact rather than using chemical pesticides on the crop. They are some products that contain biocontrol agents, including natural organisms or other substances that are derived from various natural sources such as plants, animals, certain minerals, bacteria, etc., for controlling pests. According to the definition by FAO, biopesticides include some passive biocontrol agents that actively look out the pest, such as predators, parasitoids, and many other species of entomopathogenic nematodes (threadworm).

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Biopesticides have numerous advantages as compared to conventional or chemical pesticides. Chemical pesticides have been creating some serious issues, such as extensive pollution in the environment and a severe health problem in humans due to its presence in food. On the other hand, biopesticides are genetically less toxic to people and the environment; also, it does not leave toxic residues. Another advantage of biological crop protection is that they reproduce in their target hosts and continue in the environment owing to horizontal and vertical transmission. This process may cause long-term elimination of pest populations even if no application has been repeated. A shift in the government's approach towards innovative and sustainable practices for biological crop protection ensures the safety of the people, as well as the environment, without the use of any hazardous materials. This is one of the reasons that is driving demand for several types of biopesticides, and growing the global market over the forecast period.

Global Biological Crop Protection Market Revenue (US$ Mn), 2019–2029 

However, lack of awareness about biopesticides and its benefits leads to its low utilization rate, which can challenge the market growth in some developing economies of the world. Also the high cost of biopesticides as compared to synthetic or chemical pesticides is another factor that can hamper the market growth. There are various opportunities for the use of biopesticides in developing economies such as the Asia Pacific and South America regions. These regions are less aware of the beneficial properties of biopesticides and still preferring low cost synthetic and chemical pesticides.

The global biological crop protection market is classified based on product type, application, and region. On the basis of product type, the market is segmented into biofungicides, bioinsecticides, bioherbicides, and other product types. The bioinsecticides segment accounts for the majority share and is expected to witness a significant share in terms of revenue over the forecast period, followed by the seaways segment. Based on the application, the target market is segmented into Fruit and Vegetables, Cereals and Pulses Crops, and Other Applications. The cereals and pulses crops segment accounts for a majority share in the global biological crop protection market.

Global Biological Crop Protection Market Share by Product Type, 2019

On the basis of region, the market is segmented into North America, Europe, APAC, South America, and Middle East Africa. Among region, market in North America is accounted for significant market share followed by Europe. Increasing consumer preference for organic products and growing consumer awareness about the ill-effects of synthetic pesticides on human health.

The research report on the global biological crop protection market includes profiles of some of the major companies such as BASF SE, Bayer AG, DowDuPont, Inc., Syngenta AG, Marrone Bio Innovations, Inc., Novozymes A/S, FMC Corporation, Valent BioSciences, ADAMA Ltd., Certis USA LLC, and Koppert Biological Systems.

Key Market Segments

Type

• Biofungicide
• Bioinsecticide
• Bioherbicides

Application

• Fruit and Vegetables
• Cereals and Pulses Crops

Key Market Players included in the report:

• BASF SE
• Bayer AG
• DowDuPont Inc.
• Syngenta AG
• Marrone Bio Innovations Inc.
• Novozymes A/S
• FMC Corporation
• Valent BioSciences
• ADAMA Ltd.
• Certis USA LLC
• Koppert Biological Systems

For the Biological Crop Protection Market research study, the following years have been considered to estimate the market size: