Biopesticides Market to Become a Worth US$ 6.8 Bn by 2027Posted by pranav suryawanshi on October 15th, 2019 Biopesticides Market are a type of pesticides that are derived from microorganisms such as fungi, bacteria, and virus, or from natural materials such as plants. Biopesticides can be classified into biochemical pesticides, microbial pesticides, and plant-incorporated protectants. Biochemical pesticides are naturally occurring and non-toxic compounds or synthetically derived with functional identities similar to their natural counterparts. Microbial pesticides consist of microorganisms as active ingredients. Plant-incorporated protectants are substances that are produced from genetic materials. Bt products and non Bt products are the sub-types of microbial pesticides. Based on source, the microbial pesticides segment holds significant share of the market due to its cost effectiveness and minimal environmental impact. These pesticides contain bacteria, viruses, fungi, or protozoans as their active elements. Unlike chemical-based pesticides, these natural materials do not harm the environment. Furthermore, biopesticides can be easily adopted in Integrated Pest Management systems (IPMs) due to their lower environmental risks and cost effectiveness. Biopesticides are employed in a wide range of applications such as cereals and grains, oilseeds and pulses, fruits and vegetable, and others (including nursery and turf). Cereals & grains is a major segment of the global biopesticides market. Biopesticides provide better results than chemical-based pesticides on cereal and grain crops, as they prevent a wide range of pathogens and pests. Biopesticides also contain natural active materials. Hence, they are non-toxic and have lower environmental impact. After cereals & grains, fruits & vegetables is a lucrative segment of the global pesticides market. In terms of volume and value, the cereals & grains segment constituted major share of more than 35% of the global market in 2018. The information Presented in this Review is Based on Press-Release by TMR Bioherbicides can provide excellent weed control results, primarily on fruits and vegetables; and cereals and grains types of crops. Innovation in crop protection technologies and shift of consumer preferences toward nutritional and greener diet are driving the demand for organic food. This has augmented the demand for organic yield of fruits and vegetables and food grains crops. Easy adoption of bioherbicides in integrated weed control programs is also boosting the bioherbicides segment of the global biopesticides market. Like it? Share it! More by this author |