Asia-Pacific Bioinsecticides Market was worth USD 0.815 Billion in 2021 and is expected to reach USD 1.56 Billion by 2026 with a CAGR of 20.0%.
Bioinsecticides are organic formulations used to kill insects that feed on plants. Bioinsecticides are majorly used for agricultural purposes to kill pests that destroy crops. These formulations are usually made from natural enemies of insects. However, most of the recent breakthroughs in the bio insecticide market were achieved in the past 10 years. Therefore, a large number of products were introduced into this industry. The future of bioinsecticides will largely depend on technological advancement in genetic engineering technologies.
Asia-Pacific Bioinsecticides Market Drivers:
Drivers like rising in crop loss due to insects and diseases, changing farming practices, and development of pest resistance to various chemicals are boosting the growth of the market. However, some of the factors like the Stringent Regulations on pesticide use is hampering the growth of the market.
ASIA-PACIFIC BIOINSECTICIDES MARKET REPORT COVERAGE:
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REPORT METRIC |
DETAILS |
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Market Size Available |
2021 – 2026 |
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Base Year |
2020 |
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Forecast Period |
2021 – 2026 |
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CAGR |
20.0%. |
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Segments Covered |
By Type, By Crop Type, By Formulation, By Mode of Application, By Mechanism |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
Valent Biosciences Corporation, Syngenta AG, Bayer Crop Science AG, E. I. du Pont de Nemours and Company, Novozymes A/S, and Koppert B.V. |
Market Segmentation:
Asia-Pacific Bioinsecticides Market – By Type:
Predators
Asia-Pacific Bioinsecticides Market – By Crop Type:
Asia-Pacific Bioinsecticides Market – By Formulation:
Asia-Pacific Bioinsecticides Market – By Mode of Application:
Asia-Pacific Bioinsecticides Market – By Mechanism:
Geographical Analysis:
Geographically, the Asia-Pacific Bioinsecticides market is further segmented into
Major Key Players:
Major Players in this Asia-Pacific market are Valent Biosciences Corporation, Syngenta AG, Bayer Crop Science AG, E. I. du Pont de Nemours and Company, Novozymes A/S, and Koppert B.V
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