The verticillium lecanii biopesticides market is expected to witness market growth at a rate of 4.9% in the forecast period of 2021 to 2028 and is expected to reach USD 0.51 billion by 2028. Data Bridge Market Research report on verticillium lecanii biopesticides market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the costs associated with the development of synthetic crop protection products is escalating the growth of verticillium lecanii biopesticides market.

Verticillium lecanii is also known as Lecanicillium lecanii is an entomopathogenic fungus. The mycelium of this fungus produces a cyclodepsipeptide toxin which is also called as bassianolide and other insecticidal toxins such as dipicolinic acid, which infects the whiteflies, aphids, scale insects, rust fungi and which leads to death of the host.

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Major factors that are expected to further boost the growth of the verticillium lecanii biopesticides market in the forecast period are the rise in the pest resurgence and integrated pest management (IPM) measures and the increase in the adoption for the organic food. Furthermore, the knowledge programs initiated by the government agencies and the rise in the crop loss because of the invasive pest attacks are further propelling the growth of the verticillium lecanii biopesticides market.

On the other hand, short preservation life of the bioinsecticides and the poor infrastructure and the rise in the initial investment needed for the storage and transport of the bioinsecticides is responsible for impeding the market growth in the timeline period. In addition, rise in the development in the bio-control seed treatment solutions and the offering of the customized solutions targeted towards the specific pests will further provide potential opportunities in the verticillium lecanii biopesticides market in the coming years. However, the counterfeit products in the advancing nations might further challenge the growth of the verticillium lecanii biopesticides market in the near future.

Verticillium Lecanii Biopesticides Market Share Analysis

The verticillium lecanii biopesticides market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to verticillium lecanii biopesticides market.

The major players covered in the verticillium lecanii biopesticides market report are BASF SE, Bayer AG, Certis USA L.L.C., Novozymes, Marrone Bio Innovations, Som Phytopharma India Ltd., Valent BioSciences LLC, BioWorks Inc, Bionema, Vegalab S.A., FMC Corporation, Koppert Biological Systems, UPL, Valent BioSciences LLC, Marrone Bio Innovations, BioWorks Inc., Syngenta AG, Nufarm, Camson Biotechnologies Limited, Andermatt Biocontrol Suisse AG, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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This verticillium lecanii biopesticides market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on verticillium lecanii biopesticides market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth. 

Verticillium Lecanii Biopesticides Market Scope and Market Size

The verticillium lecanii biopesticides market is segmented on the basis of substrates, mode of application, crop application, source and formulation. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

• On the basis of substrates, the verticillium lecanii biopesticides market is segmented into rusts and other fungi.
• On the basis of mode of application, the verticillium lecanii biopesticides market is segmented into foliar spray, soil treatment, seed treatment, and other mode of application.
• On the basis of crop application, the verticillium lecanii biopesticides market is segmented into oilseeds and pulses, cereals and grains, fruits and vegetables. Oil seeds and pulses is sub segmented into sunflower and soybean, and others. Others is sub segmented into beans and canola. Cereals and grains is sub segmented into wheat and corn, others. Others is sub segmented into rice, barley, and oats. Fruits and vegetables is sub segmented into leafy vegetables, root and tuber vegetables, berries, pome fruits, citrus fruits, others. Others is sub segmented into stone fruits and fruiting vegetables, turf, ornamentals, and plantation crops.
• On the basis of source, the verticillium lecanii biopesticides market is segmented into plant extracts, microbials, beneficial insects.
• On the basis of formulation, the verticillium lecanii biopesticides market is segmented into dry, liquid.

Verticillium Lecanii Biopesticides Market Country Level Analysis

The verticillium lecanii biopesticides market is analysed and market size, volume information is provided by country, substrates, mode of application, crop application, source and formulation as referenced above.       

The countries covered in the verticillium lecanii biopesticides market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

North America dominates the verticillium lecanii biopesticides market due to its leading supplier of various fruits and vegetables. Furthermore, the rise in the alertness of pesticide residue levels in crops will further boost the growth of the verticillium lecanii biopesticides market in the region during the forecast period. Europe is projected to observe significant amount of growth in the verticillium lecanii biopesticides market due to the sturdy potential for development. Moreover, the rise in the scrutiny and bans on chemical pesticides is further anticipated to propel the growth of the verticillium lecanii biopesticides market in the region in the coming years.

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