Biopesticides Market: Meticulous Research® Uncovers the Fact… – MENAFN.COM

biopesticides, market, crop, forecast,
  • Date: 14-Oct-2021
  • Source: MENAFN
  • Sector: Industrial
  • Country: Gulf
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Biopesticides Market: Meticulous Research® Uncovers the Fact… – MENAFN.COM

(MENAFN- GetNews) Biopesticide Market by Product Type (Bioinsecticides, Bioherbicides, Biofungicides), Origin (Microbial, Biochemical), Formulation (Liquid, Dry), Mode of Application (Foliar Spray, Seed Treatment), Crop Type, and Geography – Global Forecast to 2028. Biopesticides Market is expected to reach $9. 6 billion by 2028, at a CAGR of 11. 7% during the forecast period 2021 to 2028. The Asian market is expected to offer immense growth opportunities for players operating in this market, as China and India use more biopesticides . The market competitiveness of biopesticides has been increasing with the growing demand for organic food in these countries as in organic production systems; biopesticides represent the most significant crop protection tools because a grower has to produce a quality crop without chemical residue. In 2020, the Ministry of Agriculture of Brazil published the record of two biological pesticides. One is based on garlic extract, which can control nematodes (soil pests that attack plant roots), and the other is a mite that controls the whitefly, a pest that attacks potatoes, tomatoes, and beans, among other crops. With the Chinese government's move to stimulate agricultural development to alleviate poverty, the combination of science and technology with the growing interest in biopesticides has

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