Biopesticides or biological pesticides are utilized for controlling several insects and against pathogens that cause the diseases. The several forms of biopesticides involve the bioinsecticides, biofungisides and bionematicides. The advantages derived from the utilization of biopesticides in agriculture and in public health, programs are significant.
The global consumption of biopesticides over chemical pesticides is growing owing to its ecofriendly nature. As biopesticides are target-precise they are considered to be comparatively safer to non-target organisms involving the humans. Registration of biopesticides is very easy hence; most of the regions have switched from chemical pesticides to biopesticides.
According to the report analysis, ‘Global Biological Pesticide Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)’ states that BASF, Cheminova, Mitsui Chemicals, Monsanto, FMC, Arysta, Nufarm, Sumitomo chemical, Nichino, DOW, UPL, Bayer, ADAMA, Syngenta, DuPont and many more are the key companies which presently working in the global biological pesticide market more efficiently for keep maintaining the governing position, registering the great value of market share, obtaining the competitive edge, generating the highest percentage of revenue and leading the highest market growth by spreading the awareness connected to the applications and advantages of biological pesticide, increasing the features and benefits of biological pesticide, analysing the strategies and policies of government as well as contenders, implementing the policies of profit making and strategies of expansion, improving the qualitative and quantitative measures of such, establishing the several research and development programs and decreasing the associated prices of such.
The utilization of synthetic chemicals can lead to pollution and contamination of the soil, as well as have damaging effects on the food chain. With this concern, there has been an augment in awareness of residue-free food, owing to which high importance is provided for biological products.
Owing to the factors, such as the ban on chemical pesticides in the key countries attributed to the deteriorating soil conditions, extensive farm practices, and augmenting concern concerning residue levels in food products, there is high scope and requirement for biopesticide products. Biopesticide products are mainly utilized for fruits & vegetables, cereals & grains, and oilseeds & pulses. During most recent times, there is also an augment in requirement for biopesticides from recreational parks, theme parks, and golf courses to control pests.
Requirement for biological pesticides is propelled by the wide variety of advantages it has over chemical pesticides. Chemical pesticides are well-known to account for extensive pollution. Moreover, existence of chemical residues in food can cause severe health issues. Biopesticides, however, are comparatively less toxic to humans and the surroundings, as they do not leave behind toxic deposits on plants, and are precisely targeted at eliminating pests. The requirement for biological products is projected to increase over the review period since it is harmless and sustainable, and can be utilized extensively as a substitute for chemical pesticides in applications such as Integrated Pest Management (IPM). Moreover, biological pesticides are economical owing to their renewable and biodegradable properties, which makes them perfect for the application in organic farming.
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Global Biological Pesticide Market
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