Global Bacillus thuringiensis Market
The Bacillus thuringiensis Market is expected to grow from USD 240.90 Million in 2022 to USD 371.90 Million by 2030, at a CAGR of 6.40% during the forecast period.
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Global Bacillus thuringiensis Market Size
The Bacillus thuringiensis market is expected to grow at a CAGR of 6.40% from 2022 to 2030, fueled by the increasing demand for natural and eco-friendly pest control solutions. Bacillus thuringiensis is a naturally occurring bacterium that produces proteins toxic to a variety of insects, making it an effective and sustainable alternative to chemical pesticides. APAC is expected to be the fastest-growing region due to its large agricultural sector and the rising demand for organic food. The global Bacillus thuringiensis market is expected to reach USD 371.90 Million by 2030, with increased adoption of sustainable agriculture practices driving growth.
Global Bacillus thuringiensis Market key players
Sumitomo Chemical
FMC
Certis USA
Sumitomo Chemical
Fujian Pucheng Green Shell Biopesticide
Global Bacillus thuringiensis Market Segment Analysis
The Bt market has witnessed several trends recently, including increasing adoption of genetically modified Bt crops that produce insecticidal proteins. The adoption of Bt crops has increased due to its ability to reduce insecticide use, thereby reducing the damage caused to the environment. The market is also witnessing a trend towards the development of Bt-based products with improved efficacy and extended shelf-life.
The main findings of the report suggest that the Bt market is poised for significant growth, thanks to the growing demand from the agriculture sector for eco-friendly and sustainable pest control options. The key drivers of the Bt market include increasing regulations on chemical pesticides, growing use of genetically modified Bt crops, and rising demand for organic food. The report recommends that market players focus on developing innovative and cost-effective Bt products that offer improved efficacy and longer shelf-life. Companies must also invest in R&D to develop new Bt strains that can counter resistance by targeted pests.
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Global Bacillus thuringiensis Market Key Applications
Fruit and Vegetables
Crops
Forest
Urban Greening
Gardening
Others
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Global Bacillus thuringiensis Market Key Product Types
Bacillus Thuringiensis Kurstaki
Bacillus Thuringiensis Serotype Israelensis
Bacillus Thuringiensis Aizawai
Others
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