Biopesticides Market New Growth and Opportunity by stimulating industry Key players: Marrone Bio Innovations, Certis Europe, Valent BioSciences, SEIPASA, Koppert Biological Systems, Valent BioSciences, SEIPASA, Bayer Crop Science, Monsanto Company, BASF
This is undoubtedly, one of the most essential drivers fueling biopesticides industry share. The hazardous effects of chemical pesticides on soil quality and productivity have also become known to consumers of late, which is another factor that is likely to impact global biopesticides market trends noticeably. Given the widespread product usage across myriad applications, it is no surprise that worldwide biopesticides market has been forecast to surpass a revenue generation of USD 2.5 billion by 2024, having held an initial valuation of USD 1.8 billion in 2016.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1340
U.S. biopesticides market generated over USD 550 million in 2016. Shifting preference towards organic food along with rising consumer awareness about health and environment will drive the demand. Germany market will witness growth over 6% up to 2024. Government as well as institutional initiatives and promotions for product usage will positively influence the product demand in this region.
The research and development activities with regards to biopesticides are steadily improving, thereby contributing toward the development of effective products. Speaking of which, bioinsectides, biofungicides, and bioherbicides are the three main product categories within the biopesticides market. These products are becoming increasingly popular among the farmers as they promote sustainable agriculture. Bioinsectides contain living bacteria that cause stomach poison among the insects and thus raze them off the crops. Continuous climate changes have led to a high demand for bioinsectides, owing to which biopesticides market share from bioinsecticides is projected to grow at an annual rate of 6% over 2017-2024.
• Rise in the costs of chemical fertilizers & pesticides
• Increasing farm expenditure
• Decrease in arable land
• Rising organic food demand
Biopesticides Market, By Product
Liquid biopesticides market will witness growth over 6.2% due to its relatively increased shelf life. Water-based formulations consist inert ingredients including stabilizers, surfactants, stickers, coloring agents, anti-freeze compounds, and additional nutrients.
Various regulatory organizations across the globe have kickstarted research and development programs with an aim to develop advanced technology. Denmark, for instance, has commenced the Green Growth policy, which provides financial support to the developers to invent new plant protection items. Numerous EU countries have been launching such national programs to promote consumption of bio-products. On these grounds, Europe biopesticides market will collect substantial revenue with an annual growth of more than 6.2% over the coming seven years. France and Germany will contribute noticeably toward the regional biopesticides market growth.
Biopesticides Market, By Application
• Seed treatment
• Foliar spray
• Soil spray
Biopesticides Market, By Crop
• Grains & oilseeds
• Fruits & vegetables
Biopesticides Market, By Form
Biopesticides Market, By Source
Foliar spray dominated the industry accounting for more than 75% of the overall demand in 2016. Increasing adoption of smart farming techniques coupled with extensive R&D will drive the industry. Seed treatment applications were valued over USD 130 million in 2016. Disinfection of seeds for irradiating pathogens and improving seed performance are key benefits offered by the product.
Fruits & vegetables accounted for over 70% of the industry share in 2016. Rising awareness regarding nutritional values of food and healthy diet will support the product penetration in this segment. Increasing demand for organic fruits & vegetables will drive the product demand in this segment.
Biopesticides market size from microbial sources was valued more than USD 1 billion in 2016. Microbial products are widely used in habitats, where chemical pesticides are prohibited including stream or lake borders, recreational areas and schools.
Shifting consumer preference towards organic and sustainable food accompanied by innovation in technology will drive industry growth. Bioherbicides market was valued more than USD 100 million in 2016. Strong application potential due to usability timelines and efficient functioning will drive the product demand. Increasing necessity to improve farm productivity along with regulatory support are the key factors fueling the industry growth.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Bayer Crop Science
2. Marrone Bio Innovations
3. Monsanto Company
5. Certis Europe
6. Koppert Biological Systems
7. Valent BioSciences
10. Chema Industries
11. Corpfert Group
13. Multimol Micro Fertilizer Industries
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1340
Bioinsecticides will witness CAGR over 6% up to 2024. Rising pests and insects attack levels due to continuous climatic changes coupled with increasing demand for organic pest control are the key driving factors of the industry growth.
Ban on agrochemicals including paraquat and neonicotinoids along with petition to ban glyphosate will facilitate the biopesticides market penetration. Low R&D expenses, ease of registration, along with government subsidies will encourage industry growth over the forecast period.
Lack of awareness among farmers along with large presence of recognized pesticide brands are factors restraining industry growth.
For More Information : https://www.gminsights.com/industry-analysis/biopesticides-market
Industry giants are investing intensively in R&D activities to modify the farming techniques, which will favorably stimulate biopesticides industry share. BioWorks Inc., Syngenta, BASF, Bayer, DuPont, Stoller, Koppert, ADAMA Agricultural Solutions, Valent BioSciences Corporation, Dow, Futureco Bioscience, and Nufarm Limited are few of the key participants in biopesticides market.
The changing consumer preferences toward organic food pertaining to its health benefits have pressurized the wholesale and retail sectors to provide pesticide-free fruits and vegetables. As per reliable studies, organic food & beverage market is slated to collect a revenue of more than USD 300 million by 2024. Speaking of health benefits, fruits and vegetables dominated the overall biopesticides market in 2016 by accounting more than 70% of the revenue contribution. Escalating concerns among the consumers about benefits of pesticide-free products along with growing awareness about nutritional importance of food and healthy diet will enhance industry growth.
The biopesticides industry is still in the development stage. With regards to the same, launching a range of innovative products has become the key growth strategy adopted by industry giants to improve their business position. One of the key challenges of biopesticides market is for small producers to convince farmers for switching over from recognized synthetic pesticides to biopesticides. Nonetheless, with the numerous awareness programs conducted by regulatory bodies, this restraint is likely to be swamped over time.
Browse Related Report :
Bio Derived Enzymes For Detergents Market :
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Biopesticides Market New Growth and Opportunity by stimulating industry Key players: Marrone Bio Innovations, Certis Europe, Valent BioSciences, SEIPASA, Koppert Biological Systems, Valent BioSciences, SEIPASA, Bayer Crop Science, Monsanto Company, BASF here
News-ID: 1481114 • Views: 208
More Releases from Global Market Insights Inc.
Light Linear Alpha Olefin Market foreseen to grow exponentially over 2025 | By T …
The research report on Light Linear Alpha Olefin market offers a comprehensive view of this industry with every crucial detail subject to its overall stance in the global landscape and its applications in myriad sectors. The report also provides insight to distinguished factors that are expected to potentially fuel the growth path of the industry in the upcoming years, along with laying emphasis on minute details of the ongoing trends
COVID- 19 to Impact Demand Growth of Shotcrete Accelerator Market | By key playe …
The research report on Shotcrete Accelerator market offers a comprehensive view of this industry with every crucial detail subject to its overall stance in the global landscape and its applications in myriad sectors. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/2092 The report also provides insight to distinguished factors that are expected to potentially fuel the growth path of the industry in the upcoming years, along with laying emphasis on
COVID- 19 to Impact Demand Growth of Carbon Textile Reinforced Concrete Market | …
The research report on Carbon Textile Reinforced Concrete market offers a comprehensive view of this industry with every crucial detail subject to its overall stance in the global landscape and its applications in myriad sectors. The report also provides insight to distinguished factors that are expected to potentially fuel the growth path of the industry in the upcoming years, along with laying emphasis on minute details of the ongoing trends
Application in plastics to foster pigments market demand worldwide | By key play …
Selbyville, Delaware, According to a new research report by the market research and strategy consulting firm, Global Market Insights, Inc, Pigments Market size estimated over USD 14.86 billion in 2018 and to reach USD 21.8 billion by 2026. Endorsed by a massive end-user spectrum, the potential of pigments has been increasingly recognized by many chemical industry players. The wide requirement of corrosion inhibition and color imparting across various expanding
More Releases for Bio
Global Bio Polyurethane (Bio-based Polyurethane) Market 2018 - BASF, Lubrizol
Apex Market Reports, recently published a detailed market research study focused on the “Bio Polyurethane (Bio-based Polyurethane) Market” across the global, regional and country level. The report provides 360° analysis of “Bio Polyurethane (Bio-based Polyurethane) Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend
Global Bioplastics (Bio-plastics,Bio plastics) Market 2018 - Braskem, BASF
Apex Market Reports, recently published a detailed market research study focused on the “Bioplastics (Bio-plastics,Bio plastics) Market” across the global, regional and country level. The report provides 360° analysis of “Bioplastics (Bio-plastics,Bio plastics) Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Bioplastics
Bio Electronics and Bio Sensors Market Forecasts, 2017-2025
Description: The global bio electronic market is valued USD $15 billion in 2016 and is expected to grow at a CAGR of 11.6% during the forecast period 2017-2025. The market is driven by various factors such as rapid advancement in semiconductor technology, high demand in implantable medical devices, increasing prevalence of neural and cardiac diseases among others. The emerging healthcare technologies such as lab on chip, ambulatory surgical centres, and personalized devices are
Bio Simulation Technology Market
Global Bio Simulation Technology Industry Bio Simulation Technology Market is estimated at $1.01 billion in 2015 and is projected to reach $2.99 billion by 2022 growing at a CAGR of 16.6% from 2015 to 2022. Reduction in the cost of drug discovery and development and risk of failure of drug molecule are some of the factors driving the market growth. Furthermore, R&D investments in biotechnology and pharmaceutical industries, growth in the
Global Bio-Polyethylene Terephthalate (Bio-PET) Market Research Report 2021
Qyresearchreports include new market research report “Global Bio-Polyethylene Terephthalate (Bio-PET) Market Research Report 2021″ to its huge collection of research reports. This market intelligence report serves its readers with an executive-level blueprint of the global Bio-Polyethylene Terephthalate (Bio-PET) market. Data from a number of paid and unpaid sources including press releases, journals, presentations, and white papers has been taken into account for collating this report. The various factors influencing the growth of
SHANE RADBONE CORPORATE BIO
Young, dynamic and highly successful Shane founded his own business, Executive Fitness Management at age 20 in 1991. After a successful career in football that took him as high as playing for Essendon, Shane appreciated the need to have more than just sport in his portfolio. However taking his on field attitude to the corporate arena, Executive Fitness Management (EFM) grew into Australia’s largest Corporate Fitness Company. It started with