North America Microbial Pesticides Market

North America Microbial Pesticides Market Size, Growth, Trends and Forecast:

North America Microbial Pesticides market is anticipated to grow at xx% CAGR from 2021 to 2026 and it is estimated that the North America market was valued at USD xx billion in 2021 and is expected to reach USD xx billion by 2026. Biopesticides are certain types of pesticides derived from such natural materials as animals, plants, bacteria, and certain minerals. For example, baking soda and canola oil have pesticide like applications and are considered biopesticides. Biopesticides are usually inherently less toxic than conventional pesticides and generally affect only the target pest and closely related organisms, in contrast to broad spectrum, conventional pesticides that may have a harmful effect on organisms as different as birds, insects, and mammals.  They often are effective in very small quantities and often decompose quickly, resulting in lower exposures and largely avoiding the pollution problems caused by conventional pesticides. When used as a component of Integrated Pest Management (IPM) programs, they can significantly reduce the use of conventional pesticides, while crop yields remain high.

Drivers and Restraints of North America Microbial Pesticides Market:

While the prevalence of chemical or synthetic pesticides in crop protection would continue, human, animal, and environmental health concerns would play key roles in driving growth for Biopesticides. Several countries are adopting a stringent approach concerning a number of imports, with a special focus on regulating a number of pesticide residues. As a result, use and demand of non-chemical treatments for crop protection are increasing. Other factors favoring the market growth include low toxicity of microbial pesticides on non-target pest species, compatibility with synthetic chemicals and no residual toxicity for human and other animals. In spite of their low toxicity and environment impact levels, microbial pesticides have a major restraint in the form of high costs and low availability. Furthermore, Multiple acquisitions, licensing agreements, partnerships and huge investments in research and development by large companies will drive the growth of crop protection market in coming years.

North America Microbial Pesticides Market Segmentation:

North America Microbial Pesticides Market - By Type:

• Bacteria Based Pesticides

• Fungi Based Pesticides
• Virus-Based Pesticides
• Nematode Based Pesticides

North America Microbial Pesticides Market - By Form:

• Fruits and Vegetables
• Maize
•  Rice
•  Cotton
•  Others

Geographical Analysis:

On the basis of geography, the microbial pesticide market is segmented into various regions namely U.S. and Canada. North America held the second largest share of the market with the USA holding the largest market share by revenue.

Key Players:

The market is dominated by companies like Becker Underwood, Valent BioSciences, Certis, BioWorks,  Ecogen, Koppert Biological System, Agri Life, AgraQuest, Marrone Bio Innovations, Novozyme Biological, Bayer crop science, BASF, IsAgro Spa, and De Sangosse.