Biorational Pesticides: Global Market Expected to Reach $8.86 Billion by 2026 - ResearchAndMarkets.com | Financial Buzz

Biorational Pesticides: Global Market Expected to Reach $8.86 Billion by 2026 – ResearchAndMarkets.com

The “Biorational
Pesticides – Global Market Outlook (2017-2026)” report has been
added to ResearchAndMarkets.com’s offering.

The Global Biorational Pesticides market accounted for $2.61 billion in
2017 and is expected to reach $8.86 billion by 2026 growing at a CAGR of
14.5%.

Increasing concern about healthy organic foods, rapid technological
advancements & growing agriculture activities, and favourable government
initiatives are some of the major factors bolstering the market growth
over the forecast period. In addition, growing research & development
activities, increasing demand from emerging economies are some of the
other factors fuelling the market growth. On the other hand, threats
from substitute products, limited product life are the major constraints
limiting the market growth.

Among the application segment, foliar spray is projected to register
significant growth rate during the forecast period. The growth is
attributed to it is appropriate in eradicating herbs, grass, & weed in
farm land. Foliar spray helps in restricting pest attacks.

North America is likely to acquire the highest market share during the
forecast period due to increasing demand for organic food. European
region is projected to be the fastest growing market. The growth is
attributed to growing demand from organic products and stringent
regulations for pesticides.

Companies Featured

For more information about this report visit https://www.researchandmarkets.com/research/6kmb6m/biorational?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180622005657/en/