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Biological Pesticide Market Growing Demand In Agro Industry | Top Players Dow Chemicals, Du Pont (EI) de Nemours, Henkel AG, Bayers AG, and BASF SE

08-07-2019 03:42 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Biological Pesticide Market

Biological Pesticide Market

The Global Biological Pesticide Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2018-2026). The research presents a complete assessment of the market and contains Future trend, Current Growth Factors, attentive opinions, facts, historical data, and statistically supported and industry validated market data.

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Some of the key players operating in the global biological pesticides market are Dow Chemicals, Du Pont (EI) de Nemours, Henkel AG, Bayers AG, and BASF SE among others.

Biological pesticides are compounds that contain natural agents derived from plants, animals, minerals, or bacteria, for managing agricultural pests, disease causing pathogens, and weeds. Biological pesticides can be classified into three types depending on their application, such as microbial pesticides, plant-incorporated protectants (PIPs), and biochemical pesticides. Microbial pesticides contain microorganisms such as virus, fungi, and bacteria, whereas PPIs are substances produced through genetic material assimilated in a plant. Biochemicals are pesticides derived from naturally occurring compounds that employ non-toxic processes to eradicate pests.

Key players in the Biological Pesticide market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All measurement shares, splits, and breakdowns have been resolute using secondary sources and verified primary sources. The Biological Pesticide Market report begins with a basic overview of the industry lifecycle, definitions, classifications, applications, and industry chain structure and all these together will help leading players understand scope of the Market, what characteristics it offers and how it will fulfill customer’s requirements.

Demand for biological pesticides is driven by the wide range of advantages it has over chemical pesticides. Chemical pesticides are known to account for extensive pollution. Moreover, presence of chemical residues in food can cause serious health issues. Biopesticides, however, are comparatively less toxic to humans and the environment, as they do not leave behind toxic deposits on plants, and are specifically targeted at eliminating pests. The demand for biological products is expected to increase over the forecast period since it is safer and sustainable, and can be used extensively as a substitute for chemical pesticides in applications such as Integrated Pest Management (IPM). Moreover, biological pesticides are economical due to their renewable and biodegradable properties, which makes them ideal for application in organic farming.

Environmental regulations in North America and Europe, particularly Western Europe, have led to an increase in adoption of plant based products and organic farming. This is expected to drive demand for biological pesticides in these regions. Moreover, stringent regulations placed on the use of chemical pesticides by the Environment Protection Agency (EPA) in the U.S. is boosting growth of the market. Increasing number of research and development activities by research institutions and investment in technological advancements by key players are expected to account for a major market share in the global biological pesticides market. Usage of biopesticides in other regions such as Asia Pacific and Latin America is projected to witness considerable growth over the forecast period. Government initiatives to raise awareness among the agricultural community in countries such as India regarding application of biopesticides is expected to propel growth of the Asia Pacific market over the forecast period.

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What Biological Pesticide Market report offers:
1. Biological Pesticide Market share assessments for the regional and country level segments
2. Market share analysis of the top industry players
3. Biological Pesticide Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
4. Strategic recommendations in key business segments based on the market estimations
5. Competitive landscape covering following points:
• Company Overview
• Product Portfolio
• Financial Performance
• Recent Highlights
• Strategies
The complete knowledge of Biological Pesticide Market is based on the latest industry news, opportunities and trends. Biological Pesticide Market research report offers a clear insight about the influential factors that are expected to transform the global market in the near future. Both top-down and bottom-up approaches have been used to estimate and validate the market size of Biological Pesticide market, to estimate the size of various other dependent submarkets in the overall market.

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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