ESTIMATED DEMAND OF BIO PESTICIDES IN INDIA-A VIVID PICTURE

Dr.V.Gurumoorthy
2020 EPRA international journal of multidisciplinary research  
Bio pesticides are pesticides which are formed by using natural materials like plants, animals and its excreta, bacteria and minerals. Bio pesticides are often used in Integrated Pest Management(IPM) also. Conventional pesticides, on the other hand, use synthetic materials to control pests. However, due to increased awareness about the detrimental effects of conventional pesticides, the demand for bio pesticides has been steadily increasing. With the organic farming being an influential factor
more » ... n the current farming setup, bio pesticides play a significant role in the entire organic inputs sector. Bio pesticides are need of the hour due to increase in pest resistance and yield. The global biopesticides market size is projected to grow at a CAGR of 14.7% from an estimated billion value of USD 4.3 billion in 2020 to reach USD 8.5 billion by 2025. Thus, the growing organic products market has made a considerable impact in the demand for bio pesticides. Against this backdrop, the present study is taken up to analyse the estimated demand of bio pesticides in India. KEY WORDS: Bio pesticides, demand
doi:10.36713/epra5476 fatcat:22hpzrxk3rbf5b4hvgl5akynw4