Pesticides
derived from natural resources such as plants, animals, microbes, and certain
minerals are known as biopesticides. Natural pesticides (biochemical
pesticides), pest-controlling microorganisms (microbial pesticides), and
biochemical plant development regulators are all examples of biopesticides.
Insect control, disease control, weed control, nematode control, plant
physiology, and productivity are all reasons why biopesticides are employed in
agriculture. Non-target creatures, such as beneficial insects and wildlife, are
unaffected by biopesticides.
Due to the
consequences of pesticide residues on human health and the environment, there
is significant demand on farmers to decrease or eliminate the use of pesticides
in agricultural production systems. This is a primary driver driving Biopesticides
market expansion. Furthermore, some government agencies, such as the
Environmental Protection Agency, are working to develop "safer
pesticides" (EPA). The current EPA aim is to make it easier to test and
register pesticides with "lower risks." Over the projection period,
such initiatives may have a substantial impact on market size.
Biopesticides,
on the other hand, have a high specificity, which means that some biopesticides
may only be effective against specific pests. As a result, many goods may be
required, which may not be commercially viable. Furthermore, biopesticides are
frequently slow to kill pests, which may not be suitable in the event of a pest
infestation on a crop. The low likelihood of a target pest or disease
developing resistance or tolerance can also have a negative impact on market
size.
The market's
expansion is being fueled by significant growth in the agriculture business, as
well as an increase in the use of organic farming practises. Biopesticides are
increasingly being utilised to promote soil fertility and prevent plant
infestation due to growing concerns about soil health, agricultural
sustainability, and environmental safety. Additionally, rising consumer
awareness of the negative environmental consequences of utilising synthetic
pesticides and other agricultural additives is boosting market growth.
Artificial pesticides and fertilisers are known to leave a harmful residue in
the soil, which can lead to microbial imbalance, soil pollution, and a
reduction in biocontrol agents. Furthermore, a movement in customer preference
for organic food products made with chemical-free components is helping to
drive market expansion. Other factors are expected to boost the market in the
coming years, such as agricultural science advances and the implementation of
favourable government regulations to support sustainable farming techniques.
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