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Biopesticides Market Insights and Global Briefing on Rising Trends 2018 to 2026 with Major Keyplayers - Valent BioSciences Corporation, Certis (US), Marrone Bio Innovations, Bioworks, FMC Corporation, Stockton Group, UPL, Bayer CropScience
Biopesticides
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Biopesticides are derived from natural materials such as plants, bacteria, fungi, and virus. There are three major types of biopesticides: biochemical pesticides, microbial pesticides, and plant-incorporated-protectants (PIPs).
Biopesticides are used in organic farming, eco-friendly pest management, controlling pant diseases, seed treatment, and soil amendments. Mass production of biopesticides can be achieved by developing carrier based formulation by the use of native strains of Trichoderma and biofertilizers.
Market Dynamics
Considerable pressure on farmers to reduce or eliminate the use of pesticides in crop production systems, owing to the effects of pesticide residues on human health and on the environment is a major factor boosting growth of the market. Moreover, several government organizations are focused on development of ‘safer pesticides’ such as the Environmental Protection Agency (EPA).
Market Outlook
North America is expected to be the largest market followed by Europe in the global biopesticides market. This is due to stringent regulations against the use of chemical pesticides that eventually promote the use of biopesticides in the region.
Key Players
Some of the major players operating in the global biopesticides market include, Valent BioSciences Corporation, Certis (US), Marrone Bio Innovations, Bioworks, FMC Corporation, Stockton Group, UPL, Bayer CropScience, BASF, Syngenta, Isagro, and Koppert.
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