Biorationals Market Size

Biorationals Market Size

Biorationals Market size exceeded USD 940.20 million in 2022 and is anticipated to grow at a CAGR of over 9.1% from 2023 to 2032. Biorationals therapy is being used more frequently in agricultural production to increase crop resistance to pests and insects. The biorationals are non-toxic pesticides and insecticides that stop the regular process of eradicating certain insects and pests. Insect and pest lifecycles are destroyed with biorationals, while beneficial bacteria and pests are preserved in the soil and on the leaves, thus increasing the output of agricultural products.

Biorationals foliar practices have gained popularity due to the growing need for integrated pest management techniques, insecticides, resistance to pests, and organic farming methods, as well as for minimizing post-harvest crop losses. The biorationals market growth is due to the booming manufacturing & shipping of high-quality agricultural goods in the developing countries in Asia Pacific.
 

Recently, there has been an increase in the use of biorationals, particularly in developing countries, to increase the yield of fruits & vegetables. This is owing to stringent regulations against the dangerous residues found in plants treated with synthetic materials. The rising need for biorationals is expected to continue this trend globally. The industry's growth is being hampered by the widening demand-supply gap, resulting in a hike in the cost of insecticides & pesticides with an organic base.