Middle East and Africa Biorational Market was worth USD 0.51 billion in 2020 and estimated to be growing at a CAGR of 21.1%, to reach USD 0.72 billion by 2025.
Biorationals are essentially insecticides that are effective against the target but are not very harmful to natural enemies. These products are generally derived from the natural sources such as plant extracts, insects pathogens etc. Use of environmental pest control technologies helps the end users to achieve agriculture sustainability and it maximizes the quality of crops.
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The implementation of pest management system is expected to drive the market during the forecast period. The pesticides which are currently available in the market are synthetic based and cause harm to the crop produce. As a result, there is an increased need for biobased products. There has an increased awareness among people regarding the hazardous effects of chemical pesticides. However, people are still not aware about the biorational products and their usage which might be a hindrance to the growth of the market.
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Market Segmentation:
The market for Biorational is broadly categorized into
Product
Botanical products
Microbial pesticides
Semi chemicals
Other
Crop type
Grains& oil seeds
Fruits& vegetables
Other crops
Method of propagation
Foliar spray
Seed Treatment
Soil Treatment
Others
. Major Key Players:
Some of the key players dominating the market are Koppert B.V., Marrone Bio Innovations, Monsanto Company, The Dow Chemical Company, and Gowan Company LLC, Valent U.S.A. Corporation, Russell IPM limited, Agralan limited, Monsanto Company, Gowan company LLC, Suttera, Syngenta, BASF SE, Isagro S.P.A, and Bayer AG.