The Global Biopesticide Market is expected to get increased from USD 3.36 Billion in 2017 to USD 8.82 Billion with CAGR of 17.4% from 2017. Biopesticides are certain types of pesticides derived from such natural materials as animals, plants, bacteria, and certain minerals.For example, canola oil and baking soda have pesticidal applications and are considered as biopesticides.As of 2017, there are 320 registered biopesticide active ingredients and 1430 active biopesticide product registrations.
Global Biopesticide Market Share:
With the increase in demand for organic food, food security for the growing population, control of pests which have gained resistance to chemical pesticides, along with the limited agricultural land available in the world, and rise in crop loss due to pests and diseases, the use of biopesticides is expected to enhance the market growth.
Global Biopesticide Market Size:
Type, Company, and Geography segment the Global Biopesticide Market size. Geographically, Europe has the most significant market.However, the rising economies in Asia-Pacific are likely to take the lead in the adoption of biopesticides.
Global Biopesticide Market Growth:
The future opportunity for companies lies in the increasing registrations of Bio-pesticides in various regional markets. The EPA requires fewer data and provides a more straightforward registration process,
Global Bio-pesticide Market Industry Analysis
From the Global Bio-pesticide Market Industry Analysis, For Maximizing the production, thereby increasing crop yield.Asia &Pacific and North America market have the highest market share among all the regions. Majority of the companies are focusing on collaborations with agricultural based companies to develop fertilising machinery for increasing crop yield.
Global Biopesticide Market Outlook:
Comprehensive Biopesticide Market Industry Analysis mainly focuses on market trends, leading players, supply chain trends, Key Developments, and technological innovations. The market is considered to be an emerging market, which is evident from the mergers and acquisitions by the industry giants. The addition of the two top companies AgraQuest and Prophyta by Bayer CropScience is one such example and has helped Bayer in making a significant impact on the biopesticides
Global Biopesticide Market Trends:
In Global Biopesticide Market Trends, Monsanto Startup Innovation is moving AgTech forward and Bringing new plant varieties to market: Plant Breeding and Selection Practices Advance Beneficial Characteristics. FMC Corporation Announces Definitive Agreement to Sell the Omega-3 business to Pelagia AS and complete Transformative Transactions with DuPont.
Global Biopesticide Market Research Report Includes:
Starting from $2700
Starting from $2700
Starting from $2700
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