Overview:
A biorational fungicide is a pesticide that relatively causes no harm to humans, animals, or the environment. Pesticides that are relatively non-toxic with ecological side-effects are called as biorational fungicides. The main ingredients of the fungicide are Pyrethrum, Chlorhexidine, Methylene Chloride, Butyl Methacrylate, and Butyl Methacrylate. These ingredients are used as a bactericidal, a deodorizer, an antifungal, and an antibacterial agent. Biorational fungicides are widely used in fruit plantations, especially for fruits such as oranges and apples. The global biorational fungicides market is divided into six regions, such as North America, South America, Asia Pacific, Europe, Middle East, and Africa.
Drivers:
Increasing demand for food due to increasing global population is expected to propel growth of the global biorational fungicides market over the forecast period. For instance, according to the United Nations Food and Agriculture Organization (FAO), a 70% increase in overall food production is needed to sustain a population of 9.1 million, from 2005/07 to 2050.
Moreover, consumer shift towards organic food, heavy crop loss due to pest attacks, evolving farming practices & technologies, and government initiatives are expected to drive the global biorational fungicides market growth.
Restraint:
Low shelf life and limited availability of biorational pesticides is expected to hamper growth of the global biorational fungicides market.
Opportunities:
Increasing investment in agricultural activities is expected to offer growth opportunities to key players in the market. For instance, in August 2020, Valent opened a new state-of-the-art facility in San Ramon, called the North American Innovation Center, to bring sustainable agriculture solutions and professional products to market with greater speed and effectiveness.
Regional Insights:
North America is expected to witness significant growth in the global biorational fungicides market due to the increasing demand for organic food and increasing demand for biorational fungicides in the U.S. and Canada. For instance, in January 2017, Isagro signed an agreement to exclusively distribute Taegro 2 Bio-fungicide in the U.S. and Canada.
Competitive Section:
- Key players involved in the global biorational fungicides market are Russell IPM, Marrone Bio Innovations, Koppert, Isagro SAP, Valent Biosciences, Dowdupont, BASF SE, Monsanto Bioag, Syngenta, and Bayer.
- In November 2020, Valent U.S.A. announced EPA (the Environmental Protection Agency) registration of new Excalia fungicide for apples.
- In November 2019, Certis and CEV SA have entered into an exclusive distribution and sales agreement covering the EU 28 and other specified countries for CEV’s biological fungicide PROBLAD, excluding Portugal.
With the slowdown in world economic growth, the Biorational Fungicides industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Biorational Fungicides market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2018, Stratagem Market Insights analysts believe that in the next few years, Biorational Fungicides market size will be further expanded, we expect that by 2023, The market size of the Biorational Fungicides will reach XXX million $.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers.
Section 1: Definition
Section (2 3): Manufacturer Detail
Bayer
Syngenta
Monsanto Bioag
BASF SE
Dowdupont
Valent Biosciences
Isagro SAP
Koppert
Marrone Bio Innovations
Russell IPM
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
Botanical
Microbial
Non-organic
Industry Segmentation
Fruits & vegetables
Cereals & grains
Oilseeds & pulses
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2018-2023)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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