Microbial pesticides market should reach $ $6.01 bi

The microbial pesticides agricultural market is estimated at US $ $3.09 billion in 2017 and should reach $ $6.01 billion in 2022, an increase of 14.21% internanual. The agricultural and environmental benefits associated with these solutions are the factors that contribute most to the growth of this market globally. In comparison with similar chemical, microbial solutions are much more against specific targets. Due to increasing bans chemical pesticides in several countries, there is a huge scope and an increasing demand for the development of biopesticides. The reduced cost and development time associated with microbial pesticides, the reduction in the availability of chemical or synthetic active ingredients and the increased resistance to many agrochemicals pushes the market towards crop protection microbial.
This market is segmented into bacteria, fungi, viruses, and protozoa. The application of bacteria in agriculture grew in terms of biofertilizers and biopesticides, as they bring income in a sustainable way. Bacterial strains are easily removable from the close environment and can be isolated or reproduced. The application of bacterial strains in agriculture should increase with the entrance of new agents in the market and an increasing number of product launches.
How fruits and vegetables are eaten without industrial processing, the concerns with respect to pesticide residues is highest in these crops compared to other types that are not consumed in your raw way. So the microbial pesticides are primarily used in the production of these crops.
Microbial pesticides can be applied in several ways, of which the foliar spraying is the most used around the world. However, the precise targets and the advantages of applications associated with the treatment of seeds have gained importance in recent times to microbes in the world. The controlled release is another technology being explored by research institutions and important agents to improve the integrated management of pests.
North America accounted for greater market share in 2017, while Europe is designed to be the fastest growing market for the next five years. Microbial pesticides should be a potential replacement for synthetic pesticides in Europe, due to the growth of chemical use settings and maximum residue limit. The prohibition of the use of neonicotinoides, glyphosate and paraquat should push the growth of microbial pesticides industry in Europe.
The main factors restricting the growth of microbial pesticides is the least useful life, persistence on the field and storage conditions of microbial pesticides. Microbial solutions have a shelf life of 6 to 24 months compared to conventional pesticides, which can last two to four years.
The global market for agricultural microbes is dominated by companies like Basf (Germany), Bayer (Germany), Monsanto Bio Ag (United States), BioWork (United States), Dow DuPont (United States), Syngenta (Switzerland) and Certis (United States). Some emerging in this market include Marrone Bio Innovation (United States), Koppert (Netherlands), Arysta LifeScience (United States), Valent BioSciences (United States) and Isagro (Italy).