The Middle East and Africa biorational market is expected to reach USD 0.91 billion in 2024 and reach USD 2.37 billion by 2029 growing at a CAGR of 21.1% from 2024 to 2029.
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.
The implementation of the pest management system is expected to drive the market during the forecast period. The pesticides that are currently available in the market are synthetic based and cause harm to the crop produced. As a result, there is an increased need for biobased products. There has been an increased awareness among people regarding the hazardous effects of chemical pesticides. However, people are still not aware of the biorational products and their usage, which might be a hindrance to the growth of the market.
Some of the key players dominating the market are Koppert B.V., Marrone Bio Innovations, Monsanto Company, Dow Chemical Company, Gowan Company LLC, and 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.
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