Title: Biorationals Market Growth Analysis & Forecast Report | 2023-2032
1Biorationals Market 2023-2032 Growth Forecast
Industry Share Report
2- Increasing investments by governments in crop
protection globally is a key driver behind market
growth. In September 2021, the National Institute
of Food and Agriculture (NIFA) announced an
investment of more than USD 15.6 million in pest
management and crop protection. Many governments
are also investing huge amounts into sustainable
agricultural practices in the wake of growing
environmental concerns. - The biorationals market from the agriculture
segment will amass considerable gains through
2032. Biorationals offer a more eco- friendly
approach to agriculture, with minimal impact on
non-target organisms and reduced risk of
pesticide resistance. Increasing demand for
eco-friendly agricultural solutions is
contributing to segment expansion. Moreover,
governments across the globe have been
recognizing the potential benefits of
biorationals in promoting sustainable agriculture
and reducing the environmental impact of
conventional farming practices, which will foster
product adoption in the long run.
3- Biorationals market from the semi-chemicals
segment is projected to grow notably from 2023 to
2032. Semi-chemicals are naturally occurring
chemical compounds that mediate communication
between organisms, such as pheromones,
allelochemicals, and kairomones. These can be
used for pest control by disrupting the behavior
of pests or attracting beneficial insects.
Increasing investments in pest control will
increase the demand for semi-chemicals globally. - The Biorationals market from the grains segment
will observe lucrative growth from 2023 to 2032.
The use of biorationals can significantly improve
the nutritional profile of the grains, as they
promote the uptake of essential nutrients by
plants. They also enhance the yield and quality
of grain crops. Rising demand for an effective
and sustainable approach to managing pests has
increased the demand for biorationals in grain
production, thus, propelling segment gains.
4North America biorationals market will garner
appreciable gains through 2032. Increasing
consumer demand for sustainable agricultural
solutions and supportive government policies is
supporting regional expansion. Moreover, the
strong presence of leading market players such as
Valent BioSciences, Certis USA, and others
prioritizing product innovations will further
augment the demand for biorationals in North
America in the coming years.
- Valent BioSciences Corporation, Bayer AG, Isagro
SpA., BASF SE, Marrone Bio Innovations, Inc,
Syngenta AG, Koppert B.V., Certis USA LLC,
Russell IPM Ltd, Andermatt Biocontrol AG.,
Suterra LLC, Gowan Company, LLC., Bioworks Inc.,
Real IPM Kenya Ltd., Camson Bio Technologies Ltd
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