The forecast is contained in an analysis carried out by the research company Technavio. The expected average growth rate is 17% on a five-year basis. To push the biopesticides sector the negative sides of conventional products of chemical origin in environmental and health terms, in addition to the spread of organic agriculture
by Emanuele Isonio
Bioherbicides will lead the group
Biopesticides are plant protection products developed from natural compounds. The term includes all biological control agents and includes both living organisms and the natural products deriving from them, capable of containing plant pathogens. Their advantage over synthetic pesticides lies above all in the absence of substances that could harm farmers, soils, auxiliary fauna and the final consumer.
The report, which takes into account several sub-categories of biopesticides (such as bioherbicides, biofungicides and bioinsecticides), predicts that North America will be the global area in which the highest incremental growth (+ 29.5%) will be recorded, offering several opportunities. growth for suppliers. This is not new because already in 2021 it was North America, with the understandably decisive contribution of the United States, to lead the biopesticide market, in which the highest demand was registered for bioherbicides.
Subsequently, the best performances were recorded by Europe, the Far East and the Pacific, Latin America and the Middle East.