The Global Biological Pesticides Market Continues To Grow Owing To the Stringent Environmental Rules of Governmental Bodies and Raising Awareness on the Health Effects of Chemical Fertilizers

Biological Pesticides Market


 Biological pesticides are different from other types of chemical pesticides because they are organic. There are many uses for a natural remedy against pests, and one of them is plant protection. The whole point of using a natural pesticide like pyrethrum is so that the natural protection mechanism of the plant can work efficiently to protect plants and other living organisms from pest infiltrations. Biological pesticide applications usually fall into one of two categories: systemic and contact. Systemic pesticides are applied directly to the plants and can often do a better work than the expensive chemical pesticides. Contact insecticides are delivered by spraying the plants with a natural chemical that will attach to and kill the insect that infiltrate the plant.

Market Dynamics                                               

Biological pesticides contain many forms of pest control intervention: from systemic, which means that the products themselves are stored in the environment, right down to dermal applications, which are applied directly to the target species. A major benefit of using a biological product is that it is targeted towards specific pests, avoiding the use of insecticides that act on a broad spectrum of potential insects. In this respect, they are very different from synthetic pesticides, whose application is almost always indiscriminate, leaving the plant vulnerable to attack by other pests.

The main factor influencing the growth of the biological pesticides market is the demand for an alternative to chemical pesticides. The chemical pesticides result in extensive pollution. The presence of chemicals in food due to the spraying of chemical fertilizers on crops can cause critical health issues. For instance, the U.S. Federal government estimates that there are approximately 48 million cases of foodborne diseases in the U.S., and each year these diseases result in approximately 128,000 hospitalizations and 3000 deaths. Biological pesticides are less toxic to the environment and humans as they do not leave toxic residue in food and are only targeted to eliminate pests.

However administering biological pesticides is very specific unlike conventional pesticides since applying biological pesticides requires the user's knowledge of how to achieve efficiencies such as field rates, application intervals, and application time. Lack of knowledge can result in a poorer yield and high cost of production and this is the main restraining factor hindering the growth of the market.

This market is distributed in five regions that include North America, Europe, Asia-Pacific, Middle East, and Africa, and Latin America. Among these, North America is expected to hold a bigger share of the biological pesticides market owing to the stringent rules of the federal government and environmental organizations such as EPA on chemical fertilizers. For instance, in March 2019, Miami banned the use of glyphosate on the city property. The market in the Asia Pacific is estimated to witness significant growth in the market owing to government initiatives to raise awareness about biological pesticides among the agricultural and farming communities in nations such as India.

Competitive Analysis

Some of the key players operating in the global biological pesticides market include BASF SE, Dow Chemicals, Bayers AG, Henkel AG, and Du Pont (EI) de Nemours.

In 2020, Lavie Bio Ltd. announced that its bio-stimulant LAV211 will be commercially launched in 2022.

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