Global Microbial Pesticides is Expected to Grow at a CAGR Of Xx% During the Forecast Period

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The report "MICROBIAL PESTICIDES MARKET": By Crop Type (Permanent Crops, Arable Crops, Forage And Turf Grasses, Greenhouse Crops); By Ingredient Type (Bacteria Based Pesticides, Fungi Based Pesticides, Virus Based Pesticides, Nematode Based Pesticides); By Product Type (Microbial Fungicide, Microbial Herbicide, Microbial Insecticide); By Application (Crop Based And Non-Crop Based); & By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) - Forecast (2018-2024).Envision Intelligence estimates that the Microbial Pesticides Market size is projected to reach $ XX Million by the end of 2024 with a CAGR of XX%. Download Free Sample of microbial pesticides pdf: https://www.envisioninteligence.com/industry-report/global-microbial-pesticides-market/ Microbial Pesticides are a way of adopting nature's own biological pest control mechanisms to preserve plants from pests and diseases without using chemicals. Microbial Pesticides are used to eradicate several different types of pests and each separate active ingredient is relatively specific for its target pest. The most widely utilized microbial pesticides are strains of bacillus thuringiensis and subspecies. Each strain of this bacterium exhibits a different mix of proteins and especially kills one or few related species of insect larvae. Some of the Bt. Ingredients can control moth larvae found on plants and other Bt. Ingredients are specific for larvae of flies and mosquitoes. Microbial Pesticides in Asia-Pacific, has a huge potential owing to the economy is agriculture-based, increasing demand for microbial pesticides in India. Challenges like efficient delivery mechanism, field efficacy, economic production methods, process and product quality, the good shelf life of formulation, economic significance are the factor affecting the growth of the market. The Low toxicity of microbial pesticides on non-target pest species, compatibility with synthetic chemicals, and residual toxicity for human and other animals are the major factors which drive the microbial pesticides market. Increasing demand microbial pesticides production and high costs of microbial pesticides are affecting the market growth. Crop protection multinationals are showing lot of interest towards bio-control industry. Bt-based products occupy more than 54% of the market with almost 323 products and in America, almost 50% of these products are consumed. North America and Europe are the major countries due to maximum consumption of microbial crop protection. Asia-Pacific is witnessed to be the fastest growing region during the forecast period. Major players in the market include: BASF FMC Corporation Bayer Crop Science Ecogen Agrilife Tune here for more market updates and follow us on LinkedIn, Twitter, Facebook