Europe Bio Pesticide Market continues to grow at CAGR of 15.02%.

According to the report “Europe Bio Pesticide Market” published by Market Data Forecast, the European market has been estimated at $0.82 billion in 2016 and is projected to reach $1.64 billion with CAGR of 15.02% in the forecast period 2016-2021.

Bio-pesticides are certain types of pesticides derived from natural materials such as animals, plants, bacteria, and certain minerals. The bio pesticides control diseases or pests through broad spectrum approach and even through selective approach. These are replacing conventional pesticides from the market due to their non-toxic quality and target specific behavior. Bio pesticides target only specific pests which are needed to be destroyed.

Bio pesticides are emerging as a lucrative replacement for synthetic pesticides in Europe due to increasing regulations on chemical use and chemical residue limit. Several European countries have initiated national programs for promoting the use of bio pesticides. They are comparatively cheaper and effective. They decompose well without leaving any harmful residues.

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The driving factors for European Market are high prevalence of crop diseases and rising demand for organic pesticides in first world and third world countries. Initiatives have been taken by various research institutes to improve techniques for the development and application of bio pesticides.

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Segmentation
 By Ingredients
• Biochemical pesticides.
• Plant pesticides.
• Microbial pesticides.

 By Micro-organism type
• Bio herbicides.
• Bio fungicides.
• Bio nematicides.
• Bio insecticide

 By Crop Type
• Permanent.
• Arable crops.
• Forage & turf grasses.
• Greenhouse crops.

 By Application
• Seed treatment.
• On farm
• Post-harvest application.

 By Geography
Europe bio pesticide market is consolidated with the following major companies operating in the market, these are Parry America, Andermatt Biocontrol Ag, Marrone Bio Innovations Inc, Agbitech Pty Limited, Bioworks Inc., Som Phytopharma Limited, Camson Bio Technologies Limited, Hebei Veyong Bio-Chemical Co. Limited, Becker Underwood Inc., Agraquest Inc., Growth Products Limited, Valent Biosciences Corp, Biocare, Natural Industries and Novoenzymes A/S.

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The Europe Bio Pesticide Market study offers following deliverables:
• Global Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions those are still untapped.
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics.
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis.
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development.
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment.
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies.
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions.
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.

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