Sharda University to host World BioProtection Summit – India 2022

New Delhi: The World BioProtection Forum’s India Chapter has partnered with Sharda University to organize the World BioProtection Summit – India (WBS–India) 2022 on December 01, 2022, at Sharda University in Greater Noida, India.

WBS-India 2022 will bring these solutions to the Indian BioAg/Agritech sectors, with international experts who can help companies in India to expand their networks and achieve their goals. The event will be attended by innovators, academics, manufacturers, agronomists, technical managers, IPM practitioners and end-users in the BioProtection sector.

The two main objectives of the event are to accelerate novel technologies and products for global markets; and connect academia and industry, creating synergy for faster advancement of the Bioprotection sector.

Dr. Minshad Ansari, Founder & Chairman, World Bioprotection Forum said, “Does India really need 900 bioprotection companies all doing the same thing? That seems to be the current situation, yet this is an historically innovative and industrious nation – if Indian companies collaborate with global partners on novel technologies, they will be able to differentiate from the competition in this increasingly crowded marketplace, grow their businesses, and increase their assets.”

The Indian biopesticides market was valued at US $64.73 million in 2021 and the market is projected to grow to US $130.37 million by 2029, exhibiting a CAGR of 9.38% during the forecast period. Consumers’ rising demand for organic and biological products and the rising focus on crop protection may boost industry growth.

The global biopesticides market is estimated to be valued at US $5.5 billion in 2022 and is projected to reach US $11.3 billion by 2027, recording a CAGR of 15.6% during the forecast period.

However, as in other countries, growth and innovation in the Bioprotection (Biopesticides/Biocontrol/BioAg) sector are hampered by costly and lengthy regulatory processes, limited availability of quality products, and novel formulations for farmers and growers.

The World BioProtection Forum (WBF) has expressed its commitment to resolving these challenges globally, by encouraging innovation through collaboration, and strengthening partnerships within and between industry and academia. Moreover, manufacturers can collaborate with governments and academic institutions to create innovative biopesticide products. This collaboration may enable the companies to boost their sales and improve their market reach. These factors may propel market growth of India biopesticides.