Changes in Regulatory Environment to Fuel Growth Opportunities in the Biopesticides and Biostimulants Sectors
This research service provides qualitative and quantitative analyses of agricultural biologicals by segment: biopesticides and biostimulants.
The biopesticides segment is divided by type (bioherbicides, bioinsecticides, biofungicides, and bionematicides) and by source (microbials and biochemicals). The biostimulants segment is divided only by type (acid-based biostimulants, seaweed and plant extracts, amino acid and protein hydrolysates, microbial inoculants/biofertilizers and others). The report also provides segmentation based on application method (foliar application, soil treatment, and seed treatment).
The key regional markets studied are North America, Europe, Asia-Pacific (APAC), Latin America, and the Middle East and Africa (MEA).
Growing adoption of sustainable farming practices will remain the key growth driver. The establishment of regulatory frameworks and harmonization of regulatory standards across geographies will drive demand during the forecast period (2022-2030).
During the forecast period, microbial crop protection products will hold majority share of the agricultural biologicals market and experience healthy growth while biostimulants will see double-digit growth, driven primarily by increasing product awareness and innovations.
KEY ISSUES ADDRESSED:
- What was the size of the market in 2021, and what is its expected size by the end of 2030?
- At what rate is the market growing?
- What are the key micro and macro factors impacting market growth?
- How will these trends influence market dynamics in the near term?
- What impact has COVID-19 had on the market?
- What are the key technological and product innovations across different types of biologicals?
- How will emerging regulations impact the market in the near term?
- Who are the market leaders and what are the product and technology innovations being targeted by key participants across the market?
