North America Bioinsecticides Market was worth USD 1.42 Billion in 2021 and is expected to reach USD 2.25 Billion by 2026 with a CAGR of 17.7 %. Bioinsecticides are organic formulations that are used to kill pests or insects which cause damage to crops. They are completely different from synthetic insecticides. They contain live bacteria which produces toxins that kill insects and bugs. These toxins don’t have harmful effects on humans or the environment. Unlike these chemical insecticides, these bio-insecticides give everlasting protection to crops and also soil.
North America Bioinsecticides Market Drivers:
Factors such as rise in crop loss due to insects and diseases, changing farming practices, and development of pest resistance to various chemicals, increasing demand for eco-friendly products are driving the North America market. However, some of the factors like the Stringent Regulations on pesticide use are slowing down the growth of the North America market.
REPORT METRIC |
DETAILS |
Market Size Available |
2021 – 2026 |
Base Year |
2020 |
Forecast Period |
2021 – 2026 |
CAGR |
17.7 % |
Segments Covered |
By Type, By Crop Type, By Mode of Application, By Formulation and Mechanism |
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 |
Regions Covered |
|
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:
Predators
Geographical Analysis:
Geographically, this market is further segmented into
North America has the highest share in the market owing to the developed agricultural practices.
Key Players:
Some of the Major Players in this 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.
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: sales@marketdataforecast.com