Tuesday, July 5, 2022

Corporate Training Market India Outlook to 2027: Ken Research

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The Corporate Training industry is driven by the pace set by the covid-19 pandemic for digitization and offline to online transformation, employers need for multi skilled employees and expected rise in L&D expenditure: Ken Research

  • To tackle the pandemic impact, as a cost saving measure organizations are replacing full time employees with contingent ones.
  • In 2020, less than 1/3rd of L&D folks agreed that L&D had a seat at the executive table and a year later over 2/3rd L&D professionals agree to the same.
  • Only 1 out every 2 youth in India is employable and over 3/4th of the organisations feels that there is wide skill gap in the industry

Covid-19 Pandemic Has Completely Transformed Learning as it used to be:  The pace of digitization and offline to online transformation has been fast forwarded by at least 2-4 years due to the pandemic. Even though the pandemic had its effect in corporate training market, its likely to have positive implications in the long run. To ensure delivery of training many alternatives ways emerged and became popular like virtual classroom, computer based online modules and blended learning. Even though instructor led offline training is the most impacted and preferred way, in future over 1/3rd of training is likely to be delivered by digital and online mode.

Even though with market became more competitive with emerging popularity of self-based learning platforms, such companies have been able to increase the overall end user base for the training market by making modules and courses more accessible and affordable. The pandemic acted as an eye opener for many working professionals as they realised how under skilled, they are and reskilling and up skilling is imperative for career growth.

Target Addressable Audience for Quick Commerce:  It is estimated that the global corporate training market size is estimated to be around $350-400 Bn. The Corporate Training Market in India is under penetrated and is in its growth stage. Even though USA has 1/4th of the India’s population, the L&D industry is worth over $100 Bn while in the India the same is less than a fraction of that of USA. There are around ~1.44 Mn active registered companies and ~61,000 recognized start-ups in India, therefore the opportunity pool is huge. With growing work from home culture, lack of skilled graduates and increasing L&D budgets there is lot of potential to be harnessed in the corporate training segment in India

Technologies Facilitating Business Operations: As trainings are being delivered online it has become very important for companies to keep a tab on learners’ engagement and interest and also measure the impact of training. While designing an e-learning program factors like program aesthetics, content consistency, content legibility and pictures and animations are need to be kept in mind to ensure programs are interactive and engaging. There will also be greater use of technologies like AI-ML, AR/VR, Metaverse and gamification to keep the learning program concise, flexible and more lifelike.

Analysts at Ken Research in their latest publication Corporate Training Market India Outlook to FY’27F - Driven by Wide Acceptance of Online and Virtual Trainings and Organizations Need for Multi Skilled Tech Savvy Employeesbelieve that the Corporate Training market in India is expected to demonstrate strong growth owing to employers and employees need to reskill and upskill, rapid technological changes especially in IT and FinTech space and growing employment demand in service industry. The market is expected to register a positive CAGR of 16.3% in terms of revenue during the period FY’22P-FY’27F.

Key Segments Covered

  • By Industry Verticals
    • IT/ITES
    • Telecom
    • BFSI
    • Retail/FMCG
    • Manufacturing
    • Automobile
    • Healthcare
  • By Types Of Training Service
    • Technical
    • Leadership
    • Managerial
    • Sales
    • Customer Management
  • By Sector
    • Services
    • Retail/Wholesale
    • Manufacturing
    • Government
    • Education
    • Association & Nonprofit Organization
  • By Deployment
    • On Site
    • Off Site
  • By Designation Of Employees
    • Non-Managerial
    • Managerial
    • Integrated

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  • By Major Cities
  • Mumbai
  • Delhi
  • Bengaluru
  • Hyderabad
  • Pune
  • Chennai
  • Kolkata
  • By Open & Customized Training
  • By Type Of Organization
  • MNC
  • Domestic
  • By Mode Of Learning
  • Instructor Led Classroom Only
  • Blended Learning
  • Virtual Classroom
  • Online or Computer Based Methods Only
  • Mobile Only
  • Social Learning
  • By Scale Of Organization
  • Large
  • Medium
  • Small

Companies Covered

  • NIIT
  • Manipal Global Education
  • CADD Centre
  • Aptech
  • Centum Learning
  • Koenig Solutions
  • Hughes Global Education

Key Target Audience

  • Corporate Training Companies
  • Ed-tech Companies
  • Self-Based Learning Platforms Companies
  • Freelance Trainers
  • Industry/Corporate Coach
  • Contractual Professional Trainers
  • Industry Veterans
  • IT Solutions and Support Companies
  • Top UG/PG Private Universities
  • Retired Experienced Faculties

Time Period Captured in the Report: -

  • Historical Period: FY’17-FY’22P
  • Forecast Period: FY’22P-FY’27F

Key Topics Covered in the Report

  • How is the Corporate Training Market positioned in India?
  • Target Addressable Audience for Corporate Training Market in India Market
  • Popular Courses and Their Prices
  • Critical Decision-Making Criterions related to Pricing and Selection Process
  • Freelance Trainers V/s Full Time Trainers
  • Supply Ecosystem and Challenges
  • Opportunity Matrix
  • Market Size and Segmentation
  • SWOT Analysis
  • Upcoming Technologies & Trends in Corporate Training Market
  • Investment Model and ROI in Corporate Training Business
  • Competitive Landscape – Cross Comparison of Major Players
  • Company Profiles
  • Self-Based Learning Platforms
  • Covid-19 Impact
  • Analyst Recommendations & Cause Effect of certain Market Related Factors
  • Research Methodology

For More Information, refer to below links:-

Corporate Training Market India Outlook to 2027

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Database E-Learning Reports Gulf Countries: Ken Research

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Database Lubricant Reports Asia Pacific and Gulf Countries: Ken Research

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Global Circulatory Support Devices Market Growth Is Propelled by Changing Lifestyles: Ken Research

Circulatory support devices are utilized to overcome the condition of shock or hypotension. These are also demanded to safeguard the conditions in patients who are at a risk of organ failure. A shock is nothing but a serious circulatory failure with deficient or inaptly distributed tissue perfusion that results in inclusive cellular hypoxia. It is a life-threatening medical emergency. A mechanical assistance is demanded for patients with advanced heart or pulmonary failure in order to keep their heart pumping enough blood.

To fulfill this demand, circulatory support devices are being utilized to complement or swap the action of the failing heart or lungs. It can be utilized either on a temporary basis or require to be integrated permanently inside the organ. Intensive care unit or high dependency areas are the finest providers of such kind of circulatory support to patients in require.

According to the report analysis, ‘Global Circulatory Support Devices Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Usestates that Medtronic, St. Jude Medical, ABIOMED, ReliantHeart, Berlin Heart, CardiacAssist, CorWave, Evaheart, Jarvik Heart, Leviticus Cardio, Sunshine Heart, Ventracor and several others are the key companies which recently operating in the global circulatory support devices market more efficiently for leading the highest market growth, registering the great value of market share, keep maintaining the governing position, generating the highest percentage of revenue and obtaining the competitive edge by analysing the strategies and policies of competitors and government, implementing the policies of profit making and strategies of expansion, spreading the awareness connected to the applications and advantages of circulatory support devices, increasing the features and benefits of circulatory support devices, improving the qualitative and quantitative measures of such, delivering the better customer satisfaction, decreasing the associated prices of such, and employing the young and active personnel.

Geographically, the global circulatory support devices market can be segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America registers the global circulatory support devices market, with the U.S. accounting for a foremost market share. Producers in the Americas are advancing innovative products to cure congestive heart disorder by utilizing the advanced technologies. The safety and efficacy of these new products are being confirmed by premarket approval through the clinical trials. For instance, St. Jude Medical is aiming on gaining the U.S. FDA approval for the HeartMate 3 system by conducting IDE trial.

Moreover, requirement for circulatory support devices is augmenting in the region due to rising government initiatives in order to deliver cover to the augmenting the population with congestive heart disease. Europe is considered to be the second greatest market. However, the market in Asia Pacific is predicted to expand at the greatest CAGR during the forecast period owing to factors such as governmental initiatives, augmented awareness about cardiac safety, growth in focus of foremost players in India and China. Emerging markets with speedily growing economies propose the significant opportunities in the market because of changing lifestyle and augment in awareness among individuals.

For More Information, refer to below link:-

Global Circulatory Support Devices Market

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Qatar Fitness Services Market Outlook to 2025F: Ken Research

 

Rise of Female-Only Fitness Centres, Online Fitness Apps along with Growth in Boutique Gyms are driving the Commercial Fitness Market in the country: Ken Research

  • Fitness operators have an enormous opportunity to capture an ever increasing segment of the population who are exercising or considering doing so.
  • Expansion of fitness centres by opening new centres separate for males and females to cities other than Doha and Al Rayyan will increase brand visibility and member participation.
  • Increase in demand of certified personal trainers among customers of fitness centers in both organized and unorganized fitness center market would lead to revenue growth for fitness centers.
  • Digital Fitness and At- Home workouts will gain traction in the near future as majority of the population intend to make virtual classes a regular part of their routine post pandemic.
  • Evolution of Consumer Preferences: Catalyzed by the pandemic, awareness of exercise has increased rapidly with consumers shifting towards virtual classes such as using pre-recorded video and livestream classes to carry out their exercises. Leading tech-giants are collaborating with market leaders in the fitness industry to foray into the market as consumers are inclined toward digital fitness subscriptions than traditional gym memberships.
  • Growth in Number of Establishments: Increase in demand and prominence of female gyms along with upcoming FIFA 2022 and increasing health and awareness along the population is expected to disrupt the industry.
  • Impact of COVID 19: Increasing health awareness post COVID will increase active participants in fitness centers. As outdoor exercise avenues such as gyms and fitness centers have closed or are offering restricted access, indoor exercise options are leading customers who are fitness oriented towards at-home alternatives for a healthy and active lifestyle.

The report titled Qatar Fitness Services Market Outlook to 2025F – Driven by increasing health concerns resulting in addition of number of health clubs and gyms in the countryby Ken Research suggested that the fitness market is further expected to grow in the near future owing to growing health conscious population, increasing disposable income, rising awareness regarding obesity and to overcome health issues such as diabetes and cancer has been the major key factors which drives the demand for fitness services centers in Qatar. The market is expected to register a positive five year CAGR of 14.9% in terms of revenue during the forecast period 2020-2025F.

  • Direct Economic Impact of Fitness Centres
  • Overview of Commercial Gyms in Qatar Health and Fitness Market
  • Overview of Fitness Centres in Hotels and Resorts
  • Overview of Fitness Centres in Schools and Universities
  • Overview of Fitness Centres in Residential Townships/Compounds
  • Overview of Fitness Centres in Hospitals
  • Overview of Fitness Centres in Sports Clubs and Govt. Organizations

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  • Indirect Economic Impact of Fitness Centres
  • Qatar Fitness Equipment Industry Market Size
  • Evaluation of Premiumization on Real Estate Sector
  • Estimated Cost of Constructing a Fitness Centre

Key Target Audience

  • Fitness Equipment Manufacturers
  • Fitness Equipment Distributors
  • Fitness Centres
  • Government Organizations

Time Period Captured in the Report:

  • Historical Period: 2015-2020
  • Forecast Period: 2020–2025

Key Topics Covered in the Report

  • Socio-Economic Landscape of Qatar
  • Direct and Indirect Economic Impact of Fitness Industry in Qatar
  • Overview of Commercial Gyms in Qatar Health and Fitness Market
  • Snapshot of Digital Fitness Market in Qatar
  • Assessment of the Indirect Economic Impact of Fitness Industry in Qatar
  • Qatar Fitness Equipment Industry Market Size
  • Evaluation of Premiumization on Real Estate Sector
  • Assessment of the Indirect Economic Impact of Fitness Industry in Qatar
  • Overview of Healthcare Scenario/Health Statistics
  • Potential Health Implications and Health Cost Reductions
  • Customer Mindset for Fitness Services
  • Impact of COVID 19 on Fitness Industry in Qatar
  • Future Outlook and Projections for Qatar Fitness Services Market
  • White space and Opportunities existing in the Qatar Fitness Services Market
  • Research Methodology

For more information on the research report, refer to below link:

Qatar Fitness Services Market Outlook to 2025F

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The Rise of Popular Medium Sized Fitness Centers, Online Fitness Apps along with Growth in Digital Offerings are driving the Commercial Fitness Market in the country: Ken Research

  • The number of gyms has been rising rapidly in Turkey, but the number of gym members is quite low compared to developed countries
  • The increasing number of integrated services offered by the fitness centers such as Aero boxing, Zumba, Martial arts, swimming and others to the customers has intensified the demand for these services in the country.
  • Digital Fitness and At- Home workouts will gain traction in the near future as majority of the population intend to make virtual classes a regular part of their routine post pandemic.

Increase in Establishments: Offering programs that are relevant to women and to millennial such as Ladies only Fitness Centres or separate timings for ladies in a unisex gym to encourage women participation.

Growth in Digital Offerings: The Turkey Digital Fitness Market is expected to witness a tremendous growth of 23.7% CAGR over the next few years. Majority of the fitness centres are expected to adapt to “digital fitness” by offering online classes and incorporating fitness based apps for at-home exercise, thus raising the awareness among people about their health, which in turn will intensify the number of subscribers.

Government Initiatives: The government of the Turkey has launched initiatives which play a key role in promoting the well-being of the people of the country. Turkey has committed to reduce physical inactivity by 10% by 2025. The Ministry of Health, Gazi University and the WHO Country Office in Turkey jointly organized the “First Collaboration and Cooperation Workshop on Healthy Lifestyle: Physical Activity” highlighting the importance of the threat posed to public health and the determination to reduce physical inactivity levels.

The report titled Turkey Fitness Services Market Outlook to 2025F - Driven By the Shift of Millennial Generation to Healthier Lifestyles and Rising Awareness about Health & Fitness Services in the Countryby Ken Research suggested that the fitness market is further expected to grow in the near future owing to growing health conscious population, growth of digital offerings, rising awareness regarding obesity and to overcome health issues such as diabetes and cardiovascular diseases has been the major key factors which drives the demand for fitness services centers in Turkey. The market is expected to register a positive five year CAGR of 18.2% in terms of revenue during the forecast period 2020-2025F. 

  • Direct Economic Impact of Fitness Centres
  • Overview of Commercial Gyms in Turkey Health and Fitness Market
  • Overview of Fitness Centres in Hotels and Resorts
  • Overview of Fitness Centres in Schools and Universities
  • Overview of Fitness Centres in Residential Townships/Compounds
  • Overview of Fitness Centres in Hospitals
  • Overview of Fitness Centres in Sports Clubs and Govt. Organizations
  • Indirect Economic Impact of Fitness Centres
  • Turkey Fitness Equipment Industry Market Size
  • Evaluation of Premiumization on Real Estate Sector
  • Estimated Cost of Constructing a Fitness Centre
  • Technological Disruptions for Fitness Centres in Turkey

Key Target Audience

  • Fitness Equipment Manufacturers
  • Fitness Equipment Distributors
  • Fitness Centres
  • Government Organizations

Time Period Captured in the Report:

  • Historical Period: 2015-2020
  • Forecast Period: 2020–2025

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Key Topics Covered in the Report

  • Socio-Economic Landscape of Turkey
  • Direct and Indirect Economic Impact of Fitness Industry in Turkey
  • Overview of Commercial Gyms in Turkey Health and Fitness Market
  • Snapshot of Digital Fitness Market in Turkey
  • Assessment of the Indirect Economic Impact of Fitness Industry in Turkey
  • Turkey Fitness Equipment Industry Market Size
  • Evaluation of Premiumization on Real Estate Sector
  • Technological Disruptions for Fitness Centres in Turkey
  • Assessment of the Indirect Economic Impact of Fitness Industry in Turkey
  • Overview of Healthcare Scenario/Health Statistics
  • Potential Health Implications and Health Cost Reductions
  • Customer Mindset for Fitness Services
  • Impact of COVID 19 on Fitness Industry in the Turkey
  • Future Outlook and Projections for Turkey Fitness Services Market
  • White space and Opportunities existing in the Turkey Fitness Services Market
  • Research Methodology

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India Consumer Wearables Market Outlook to 2025- By Type (Fitness Trackers and Smart-watches), By Sales Channel (Online and Offline), By Price Segment (Under 1000 ,1000 - 10,000 , 10,000 - 20,000 and Above 20,000) and By Sales

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Asia Pacific Robotic Arms Market by Type, by Payload Capacity, by Application, by End-User Industries and Major Countries, Market Size and Growth, Market Outlook and Forecast by Revenue (2017-2027): Ken Research

 Robotic Arms Market Definition and Overview

Robotic arms are programmable machines that operate in a manner similar to a human hand with multiple joints that can move along an axis or rotate in different directions. It is capable of performing a specific task or tasks quickly, efficiently and extremely accurately. Since it is a machine, it is designed to be stronger than the human hand. It means that robotic arms can perform repetitive and heavy tasks with greater accuracy over an extended period. Robotic arms can be as small as a handheld device for execution of delicate activities or a long one with a reach to complete the construction of whole buildings. Typically motorized, due to their rapidness and consistent performance, these often find applications in manufacturing, industrial production, fabrication, machining and assembly sectors. Robotic arms are widely used in performing many industrial activities such as painting, sorting, injection molding, picking and placing, welding, screwing, and machine tending.

Asia Pacific Robotic Arms Market Outlook, Drivers and Challenges

The Robotic Arms Market in Asia Pacific is expected to witness strong growth of more than 15% over the next five years. The use of robotic arms will continue to grow due to increasing requirement of automation in almost all industries and for being used for most applications from material handling to assembling. The demand and development of technologies such as artificial intelligence and machine learning which support the increase in the number of applications for robotic arms are also going to drive its growth. These applications of automation by robotic arms in various industries are attracting huge investments to the system. Continued investments in research and development by the manufacturers to bring out many advanced robotic arms with sophisticated technology will also continue to drive the growth of the market. However, high capital costs associated with robotic arms do not allow many companies to try and purchase automatic robotic arms, so the market remains constrained.

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Asia Pacific Robotic Arms Market Value Chain Analysis

The value chain of the Robotic Arms market consists of providers of core raw materials such as steel, cast iron, rubber, wires and aluminum. There are other companies such as machine builders and panel builders which supply materials such as panels, electric motors, etc. Subsequently, such materials are fabricated, assembled and designed by the robotic arms manufacturers and then distributed through various channels including direct and traditional channels like distributors. Afterwards, these distributors deliver the products to the customers/end-users.


Asia Pacific Robotic Arms Market Segmentation

The Asia Pacific Robotic Arms Market can be segmented based on Type into categories such as Articulated, Cartesian, SCARA, Spherical or Polar, and Cylindrical. Based on the Payload capacity, the market is categorized as Less than 500 kg, 501-3,000 kg and 3,001 kg and above. The Materials Handling, Cutting & Processing, Soldering & Welding, and Assembling & Disassembling are the Application based segments in the market. On the basis of end-user industries, the market can be segmented into Automotive, Electrical & Electronics, Metals & Machinery, Plastics & Chemicals and Food & Beverages. Geographically, the major countries in Asia Pacific are China, Japan, South Korea, India and Taiwan.

Asia Pacific Robotic Arms Market Competitive Landscape of Major Competitors

Some key players in the Asia Pacific Robotic Arms Market are ABB, Yaskawa Electric Corporation, FANUC Corporation, KUKA AG, Kawasaki Heavy Industries, LTD., Mitsubishi Electric Corporation, Nachi-Fujikoshi Corp, and Denso Corporation.

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Impact of Covid-19 on Asia Pacific Robotic Arms Market

During the outbreak of the COVID-19 pandemic, manufacturing and construction activities came to a standstill. Supply chain as well as transportation activities were disrupted globally. Due to the restrictions on construction activities and reduction in the production, automobile manufacturers had reduced their investments in automation as consumer demand was on the decline. It impacted the robotic arms market. However, robotic arms played a very important role in various activities during this pandemic like sanitizing public places, transporting health sample test kits, conducting surveillance and performed many other life-saving tasks. Overall, the demand for robotic arms declined during the pandemic due to less demand in major industries such as electrical & electronics, automotive and metal & machinery.

Key Segments Covered in Asia Pacific Robotic Arms Market:-

Asia Pacific Robotic Arms Market By Type

Articulated

Cartesian

SCARA

Cylindrical

Parallel/Delta

Asia Pacific Robotic Arms Market By Payload Capacity

Less than 500 KG

501-3,000 KG

3,001 KG and above

Asia Pacific Robotic Arms Market By Application

Materials Handling

Cutting & Processing

Soldering & Welding

Assembling & Disassembling

Asia Pacific Robotic Arms Market By Type of End User Industry

Automotive

Electrical & Electronics

Metal & Machinery

Plastics & Chemicals

Food & Beverages

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Asia Pacific Robotic Arms Market By Geography and Major Countries

China

Japan

South Korea

India

Taiwan

Key Competitors in Asia Pacific Robotic Arms Market:-

ABB

Yaskawa Electric Corporation

FANUC Corporation

KUKA AG

Kawasaki Heavy Industries, Ltd.

Mitsubishi Electric Corporation

Nachi-Fujikoshi Corp

Denso Corporation

Time Period Captured in the Report:-

Historical Period: 2017-2021

Forecast Period: 2022-2027F

Key Target Audience:-

Robotic Arms Manufacturers

Robotic Arms Product Assemblers

Robotic Arms Component suppliers

Raw Material Suppliers for Robotic Arms

Potential Investors in Robotic Arms Companies

Value Added Resellers

Collaborative Robot Manufacturers

Industrial OEMs of Robotic Arms

Industrial Automation Solutions Providers

Robotics Companies

Robotics Industry Associations

Robotics Research Groups

Ministries of Electronics and Engineering

For any queries or feedback, reach out to the author at Support@kenresearch.com

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

ankur@kenresearch.com

+91-9015378249

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Global Biopesticides Market Future Outlook: Ken Research

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Product Overview

Biopesticide is obtained from pure and crude matter, like animals, plants, bacteria, and specific minerals. Microbes, like bacteria, viruses, fungi, or microscopic nematode worms can be utilized in agricultural activities to limit or eradicate pests that are likely to cause harm to a plant. Biopesticides are used to keep away pests that harm the crop or the yield of the soil. Various benefits of biopesticides that steer the growth of the biopesticides market during the forecast period are transition to the acceptance of natural products, growing human, animal, and environmental soundness issues, and prompt decomposition. Additionally, governments of several countries globally have been popularizing the advantages rendered by biopesticides and to meet the standards recommended by the global exporters, farmers are embracing the use of biopesticides, which have amplified the growth of the market. Nonetheless, a significant portion of the population is unfamiliar with the services offered by biopesticides and this is likely to hamper the market demand.

Market Highlights                                                                                           

The biopesticides market is anticipated to exceed USD 9.838 billion by 2030 from USD 4.015 billion in 2019 at a CAGR of 15.23% throughout the forecast period, i.e., 2020-30. The Biopesticides Market is estimated to grow on the back of the following reasons. The major driver of the Biopesticides Market is the growing concern regarding the health and the environment. However, the supply of chemical pesticides at lower prices and inadequate awareness regarding the use of biopesticides among the farmers are factors that may hinder the growth. Moreover, technological advancement coupled with favorable government policies such as simple registration process, grants for research and development activities, and for setting up plants to encourage the use of biopesticides in farming is expected to positively impact the market growth. Strategic initiatives such as expansion, the introduction of new products, partnerships, and acquisitions have been adopted by the key players to intensify their market position.


Global Biopesticides Market: Segments

Bioinsecticides segment to account for a major share of the market during the forecast period.

Based on type, the market for biopesticides is segmented into bioinsecticides, bio fungicides, bio nematicides, and others. The bioinsecticides segment contributed a major market share in 2019 and is forecasted to grow at a CAGR of XX% during the forecast period. A rise in the developing resistance in pests and recovery of crops is resulting in the adoption of bioinsecticides. Bioinsecticides that do not kill microbes that kill pests, do not pollute the ecosystem, or do not leave anything behind in the crops are ruling the market.

Foliar spray segment to be the fastest-growing segment in the biopesticides market during the forecast period

Based on the mode of application, the biopesticides market is categorized into foliar spray, soil treatment, seed treatment, and others. The foliar spray segment accounted for a significant market proportion in 2019 and is expected to be the fastest-growing segment during the forecast period owing to easy handling, uninterrupted supply of spray constituents, and secure application. Thus, propelling the use of the foliar spray in agriculture.

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A microbial segment to drive the overall growth

Based on the source, the biopesticides market is divided into microbial, biochemical, and beneficial insects. Microbial biopesticides captured a share of XX% in 2019 and are anticipated to drive the overall growth of biopesticides from 2020 to 2030, registering CAGR over XX%. The demand for microbial pesticides is amplifying due to it being a useful option for places where conventional pesticides are not allowed. These places majorly include urban & recreational areas, streams and lake borders of watersheds, and schools in agricultural settings.

Liquid Biopesticides to register highest CAGR during the forecast period

Based on the form of Biopesticides, the market is segregated into dry and liquid Biopesticides. The liquid Biopesticides accounted for a market share of XX% in 2019 and is likely to witness the highest CAGR during the forecast period due to greater shelf life, better domain show, economic viability, better endurance, and ease in usage for farmers in emerging economies.

The requirement of fruits and vegetables to push the demand for Biopesticides

The biopesticides market is classified based on the type of crop into fruits & vegetables, pulses & oilseeds, and cereals & grains. The fruits & vegetable segment captured a considerable market share in 2019 and is projected to register a CAGR of XX% during the forecast period. The increasing awareness among people about the health and the impact of substandard food on health coupled with the transition to organic food is to fuel the demand of the market.

Global Biopesticides Market: Market Dynamics  

Drivers

The rising demand for organic food is to boost the market for Biopesticides

Consumers are now demanding more organic food as they are extremely interested in food safety issues, the rising level of disposable income, environmental issues, and due to growing concerns about residue-free food. Also, Biopesticides have improved the texture of the soil, productivity, and quality of organic food. Moreover, government initiatives such as providing subsidies to farmers growing organic crops are likely to steer the market growth.

Restraints

Biopesticides remain alien to people in developing & underdeveloped economies

Biopesticide products remain unpopular amid the people in developing and underdeveloped economies due to a lack of awareness which possess a great challenge in front of the biopesticides producers. They still rely on chemical pesticides which adversely affect the yield and quality of soil but are comparatively cheap. Moreover, the Biopesticides cannot be stored for a long time & are at a high risk of getting contaminated.

Global Biopesticides Market: Region                                  

Asia-Pacific to grow at the highest CAGR during the forecast period

Global Biopesticides Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia-Pacific, and Middle-East & Africa. Geographically, Asia-Pacific is likely to dominate the market owing to increasing concerns towards health, the fertility of the soil, and conserving biodiversity. Moreover, increasing demand for organic food due to rise in disposable income, stringent government rules and policies regarding the maintenance of the fertility of the soil & reduction of hazardous effects caused by chemical pesticides, and transition to a more subsistence farming have ignited the growth of Biopesticides in the region. However, North-America and Europe are expected to contribute significantly to the total organic production, globally.

Global Biopesticides Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR- the United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR- Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR- UK, Germany, France, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

Asia-Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR- India, China, South Korea, Malaysia, Japan, Indonesia, Australia, New Zealand, and Rest of Asia-Pacific

The Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR- North Africa, Israel, GCC, South Africa, and Rest of the Middle East and Africa

Key Players

Bayer AG

Company overview

Business Strategy

Key Product Offerings

Financial Performance

Key Performance Indicators

Risk Analysis

Recent Development

Regional Presence

SWOT Analysis

Syngenta AG

BASF SE

Futureco Bioscience

Stoller

Novozymes A/S

Certis

Marrone Bio Innovations

Koppert B.V.

Valent BioScience

Global Biopesticides Market Report also contains an analysis of:

Biopesticides Market by segment:

By Type

Bioinsecticides

Bio fungicides

Bio nematicides

Others

By Application Mode

Foliar Spray

Seed Treatment

Soil Treatment

Others

By Source

Microbial

Biochemical

Beneficial Insects

By Form

Dry

Liquid

By Crop Type

Fruits & Vegetables

Pulses & Oilseeds

Cereals & Grains

By Region

North America

Latin America

Europe

Asia-Pacific

Middle east and Africa

Biopesticides Market Size

Biopesticides Market Dynamics

Supply and Demand

Current Issues/trends/challenges

Competition and Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

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Global Biopesticides Market Analysis

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Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249