North America Biorational Market

North America Biorational Market Size, Growth, Trends and Forecast:

North America Biorational Market was worth USD 3.17 billion in 2021 and estimated to be growing at a CAGR of 20.8%, to reach USD 6.02 billion by 2026. Biorational products are the insecticides that are comparatively non-toxic to human beings with minimal environmental side-effects. These are typically derived from natural and organic origins which includes biological pesticides as well as products used for crop stress management, enhanced plant physiology benefits, and root growth management.

North America Biorational Market Driver:

Stringent regulations pertaining to the use of synthetic pesticides has contributed tremendously towards market penetration in the region. Various agri-business initiatives were adopted by the food processors and farming enterprises to cater the growing concerns towards food security. Ongoing industrialization of the food system, particularly in the U.S. and Canada is anticipated to drive investments for enhancing crop yield rates, with minimal environmental impact. Adverse impacts of synthetic pesticides on beneficial organisms in farmland and terrestrial ecosystems have offered ample scope for bio-based products. However, people are still not aware about the biorational products and their usage which might be a hindrance to the growth of the market.

North America Biorational Market Segmentation:

North America Biorational Market – By Product:

• Botanical products

• Microbial pesticides
• Semi chemicals
• Other Biorational products

North America Biorational Market – By Crop Type:

• Grains& oil seeds
• Fruits& vegetables
• Other crops

North America Biorational Market – By Method of Propagation:

• Foliar spray
• Seed treatment
• Soil treatment
• Others

Geographical Analysis:

On the basis of geography, the global market is analysed under various regions namely

• U.S.A
• Canada

North America currently dominates the biorational market.

Key Players:

Some of the key players dominating the market are Koppert B.V., Marrone Bio Innovations, Monsanto Company, The Dow Chemical Company, and Gowan Company LLC, Valent U.S.A. Corporation, Russell IPM limited, Agralan limited, Monsanto Company, Gowan company LLC, Suttera, Syngenta, BASF SE, Isagro S.P.A, and Bayer AG.