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Biorationals Market Trends

  • Report ID: GMI5657
  • Published Date: Aug 2024
  • Report Format: PDF

Biorationals Market Trends

As biorationals reduce the amount of harmful residues on vegetables & fruits and prevent diseases & infections spread by seeds and leaves, they are in high demand in agricultural practices. They shorten the germination period, encourage pollination, boost general productivity, and increase crop yield. The growing health concerns about the yield of crops and fruits as well as the residue of synthetic insecticides are driving the use of biorationals.
 

Biorationals are utilized as a successful cure against insects and pests due to their natural pheromone content. The growing need for a high agricultural yield and the development of organic seeds to reduce the dangerous chemical residues in grains & agricultural goods have increased the market demand.
 

Product demand is increasing on a global scale for safeguarding and enhancing high-yield crops. The U.S. and other developed economies in Europe have sizable markets for agricultural products and adhere to the "Farm to Fork" philosophy. Consumers in these regions are increasingly concerned about the chemical residues in fruits & vegetables.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global industry size for biorationals was valued at USD 1 billion in 2023 and will experience a 9.3% CAGR from 2024 to 2032, as biorational therapies gain traction in agriculture for boosting crop resistance against pests.

The botanical segment in the biorationals market will exhibit a 9.5% CAGR up to 2032, bolstered by a surge in demand for sustainable and eco-friendly agricultural practices.

Asia Pacific market size will grow to USD 300 million by 2032, thrusted by rising adoption of biorational products in agriculture, forestry, public health, and aquaculture.

Valent BioSciences Corporation, Bayer AG, Isagro SpA, BASF SE, Marrone Bio Innovations Inc, Syngenta AG, Koppert B.V, Certis USA LLC, Russell IPM Ltd, Andermatt Biocontrol AG, Suterra LLC, Gowan Company LLC, Bioworks Inc, Real IPM Kenya Ltd, and Camson Bio Technologies Ltd.

Biorationals Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
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