Market Size of Bacterial Biopesticides Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 12.80 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Bacterial Biopesticide Market Analysis
The global bacterial biopesticides market is projected to register a CAGR of 12.8% during the forecast period.
Organic farming represents a unique, fast growing segment of the food industry. In terms of emerging technologies, various factors alternately drive and inhibit the growth of bacterial biopesticides. Microbial pesticides are less harmful than synthetic pesticides, they typically affect only the target pest and other organisms closely related to it, as against broad-spectrum conventional pesticides, which can be harmful to other organisms, such as birds, insects, and mammals. Moreover, attributes of ease of handling, like low-to-no re-entry intervals and post-harvest intervals, are driving the adoption of bacterial biopesticides, mainly by serving as a stark alternative to the existing synthetic options, considering the restrictions over their usage.
