Global Biopesticides Market - Industry Overview with Growth Analysis 2016-2022

  • Analysis
  • 08-September-2016

In recent years,consumer awareness regarding the usage of organic food  has grown to a significant level which has boosted the demand of biopesticide market .The main objective behind using these products is to enhancing product feasibility, usage, and production of crops globally. In the report, “Global Biopesticides Market Research Report- Industry Analysis, Size, Share, Growth, Trends And Forecast” added by DecisionDatabases.com the market overview, market size, growth trends and future prospects are elaborately covered.
 

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Growing demand for organic foods, increasing preference for harvest & labor flexibility, rising prevalence of crop diseases and easier residue administration are some of the major growth factors, which are expected to drive market demand over the forecast period. Additionally, rising preference for organized and extensive R&D with lower investment will further open new avenues for the market growth in the near future. Rapid technological advancements to enhance formulation technique, improve application procedures and to increase capability for mass production with better storage abilities will have a positive impact on the market penetration over the coming years. However, lack of knowledge among growers, and inconsistent accessibility & low shelf life are key challenges, which can restrict market growth in the forthcoming years.
 
Growing demand for organic foods, increasing preference for harvest & labor flexibility, rising prevalence of crop diseases and easier residue administration are some of the major growth factors, which are expected to drive the global biopesticides market demand over the forecast period. Additionally, rising preference for organized and extensive R&D with lower investment will further open new avenues for the market growth in the near future. Rapid technological advancements to enhance formulation technique, improve application procedures and to increase capability for mass production with better storage abilities will have a positive impact on the market penetration over the coming years. However, lack of knowledge among growers, and inconsistent accessibility & low shelf life are key challenges, which can restrict market growth in the forthcoming years.

Biopesticides are natural derivatives of pesticides, obtained from bacteria, plants, and animals. They are the main components of IPM (integrated pest management) and Integrated Crop Management (ICM) programs and act as efficient solutions without affecting crop yields. These are divided into sub-categories such as microbes, plant growth regulators(PGR), bio-chemicals, insect growth regulators, essential oils, beneficials, pheromones and minerals. These are extensively used for turf & ornamentals, food crops, forage & pastureland, forestry and public health. 

The report incorporates the biopesticides market analysis on the basis of type, applications, crop types, formulation, and origin. The report offers details about the drivers, restraints and growing opportunity in the industry.

The global biopesticides market has been segmented based on types into bioinsecticides, biofungicides, bioherbicides, bionematicides, and others. The market has been further segmented based on applications into foliar spray, seed treatment, soil treatment, and post-harvest.  Furthermore, the market has been segmented based on crop types, formulation, and origin. Microbial pesticides are a major origin segment and are expected to grow at a significant rate during the forecast period due to its growing application scope worldwide.

North America has accounted for major market share and is anticipated to grow at an outstanding rate during the forecast period owing to the growing demand for organic products and increasing adoption of chemical-free crop protection measure in the region. Asia Pacific is a fastest growing market and is projected to witness a double-digit growth over the coming years due  to growing food demand for growing population and rising awareness about eco-friendly products in the region
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The key players include Bayer CropScience AG, BASF SE, DOW Chemical Company, Monsanto Company, Isagro SPA, Camson Bio Technologies Limited, Marrone Bio Innovations Inc., Bioworks, Inc., Koppert B.V, W. Neudorff GmbH Kg, Valent Biosciences Corporation and Certis USA L.L.C. Major agrichemical companies are concentrating on partnerships, licensing deals and acquisitions.

In April 2016, The Brazilian Association of Biological Control Companies (ABCBio) has introduced an internet database portal on Biopesticides to gather technical, legislation and commercial information in the area for plague control

In Dec 2014, Ihara, a Brazilian agrochemical manufacturer has, announced the launch of its Biopesticides division, for the development of biological crop protection products.
 
Other Related Reports
 
Global Bioherbicides Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2021   
http://www.decisiondatabases.com/ip/403-bioherbicides-market-report

Global Agricultural Micronutrients Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2021
http://www.decisiondatabases.com/ip/157-agricultural-micronutrients-market-report

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