The CAGR of the Biorational Pesticide Market is Estimated to be around 16.1% through 2034 | Future Market Insights, Inc. [Yahoo! Finance]
SUMITOMO CHEM UNSP/ADR (SOMMY)
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Source: Yahoo! Finance
North America accounts largest share in the biorational pesticides market and witnessing growth due to tight regulations and limitations on the application of conventional chemical pesticides NEWARK, Del, Jan. 30, 2024 (GLOBE NEWSWIRE) -- The biorational pesticide market is poised for significant growth, with its size expected to increase from US$ 8.9 billion in 2024 to a substantial US$ 39.7 billion by 2034. Over the next decade, a staggering CAGR in the adoption of biorational pesticides is projected to drive this expansion. One of the main reasons propelling the market growth is growing consumer awareness of the products' positive effects on the environment and human health. In addition to lowering the possibility of chemical residues in food and promoting biodiversity conservation, biological pesticides are a more environmentally responsible option than conventional chemical pesticides. Farmers are also using biorational solutions in response to stricter restrictions and gro
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