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The global biopesticides market is projected to grow at a CAGR of 15.3% from an estimated value of USD 4.6 billion in 2020 to reach USD 7.5 billion by 2025.<br><br>The global biopesticides market is increasing significantly as it provides a wide range of benefits to shippers, growers, food processors, retailers, and the end users. Moreover, apart from the usage on food, they are also contributing towards the protection of turf, forests, and ornamentals. They are also used for the betterment of public health where they are used for managing diseases and nuisances for instance for mosquito control.<br><br>
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Global Biopesticides Market The global biopesticides market is projected to grow at a CAGR of 15.3% from an estimated value of USD 4.6 billion in 2020 to reach USD 7.5 billion by 2025. The global biopesticides market is increasing significantly as it provides a wide range of benefits to shippers, growers, food processors, retailers, and the end users. Moreover, apart from the usage on food, they are also contributing towards the protection of turf, forests, and ornamentals. They are also used for the betterment of public health where they are used for managing diseases and nuisances for instance for mosquito control.
Global Biopesticides Market Biopesticides are also known as an integral component of integrated pest management programs that combines the cultural and chemical practices to maximize the production efficiency of agriculture and enhance environmental safety concerns. The biopesticides with these features provide flexibility to the commercial growers. Since the biopesticides have a short restricted entry and harvest interval that helps in further managing the ripening process of crops. Biopesticides can be used to treat the plants by using foliar sprays, seed treatment, and soil treatment or can be applied post-harvest.
Global Biopesticides Market Geographically, North America is expected to be the largest biopesticides market. Biopesticides are helping the region to promote healthy crops and thereby increasing the saleability frequency of the commercial crops. Increasing demand for organic food and stringent food safety regulations are major factors driving the growth of the North American biopesticides market. Some of the key players operating in the global biopesticides industry are Bayer AG, BASF SE, The DOW Chemical Company, Monsanto Company, Marrone Bio Innovations Inc., Isagro SPA, Valent Biosciences Corporation, CertisUsa L.L.C., W. Neudorff GmbH Kg, Koppert B.V., Bioworks, Inc., and Camson Bio Technologies Limited.
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