openPR Logo
Press release

Biopesticides Market witnessing double digit market growth

08-30-2017 10:55 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: REPORTSANDMARKETS

/ PR Agency: REPORTSANDMARKETS
biopesticides market, biopesticides market size, biopesticides market analysis, biopesticides market share, biopesticides market r

biopesticides market, biopesticides market size, biopesticides market analysis, biopesticides market share, biopesticides market r

Reports And Markets Publish a New Market Research Report On –"Biopesticides Market - Growth, Trends and Forecasts (2017 - 2022)"

Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071912-global-biopesticides-market-growth-trends-and-forecasts-2017-2022

Market Insights

Biopesticides are an eco-friendly alternative to the synthetic pesticides and offer a unique and innovative approach to the management of weeds, using formulated microbial agents as an active ingredient. Microbes that are used in this approach include fungi, bacteria, viruses and nematodes.

The global biopesticides market is expected to reach USD XX million by 2021 from USD 2,466.70 million in 2015, witnessing a double digit market growth during the forecasted period. Currently, the market is highly competitive and to create a stronghold in the biopesticides market, many major biopesticide firms are working on strategies to adopt smaller firms.

Market Dynamics

The prevalence of chemical or synthetic pesticides in crop protection is expected to continue, however, human, animal and environmental health concerns are also likely to play a key role in driving the growth of the biopesticides market. Several countries are adopting a stringent approach when it comes to imports, with a special focus on regulating the quantity of pesticide residues.

As a result, the demand for regulated food safety and quality is increasing, which is another reason for growers to adopt biopesticides is their farming practices. Despite their low toxicity and environment impact levels, biopesticides face a major restraint in the form of high costs and low availability. In addition to frequent reapplication, due to their short lifespan, different biopesticides need to be used for different pests because of their high specificity towards pests. This increases the cost factor for the growers, and in turn proves to be a constraint.

Request For Sample Report @ https://www.reportsandmarkets.com/sample-request/1071912-global-biopesticides-market-growth-trends-and-forecasts-2017-2022

The future opportunity for companies lies in the increasing registrations of biopesticides in the various regional markets. The EPA requires fewer data and provides a simpler registration process, which is completed within a year, compared to the three-year tenure for synthetic pesticides. As a result, more companies are expected to take a voluntary step towards increasing their biopesticide portfolio. Also, the increasing awareness about the product advantages among the growers, along with the ease of access, will further drive the market growth.

Market Segmentation

The market is segmented based on the product type, formulation type, ingredient type, mode of application, crop and non-crop application and geography. By the product type, the market is segmented into bioherbicides, bioinsecticides, and biofungicides, with application in both crop-based and non-crop-based categories. Based on the main ingredient type, the market is divided into microbial, plant and biochemical-based biopesticides. Microbial biopesticides form the major part of the biopesticides market. Bt-based microbial pesticides are dominating the microbial pesticides segment with nearly 50% of the market share, followed by fungi (XX %), viruses (XX %) and nematodes (XX %).

Based on the type of formulation, the biopesticides market has been segmented into solid formulations and liquid formulations. Solid formulations increase crop yield but offer a low shelf-life. Contrary to this, liquid formulations provide an increased shelf-life and are preferred to solid formulations. Biopesticides can be used to treat the plants by using foliar sprays, seed treatment, soil treatment or can be applied post-harvest. By geography, Europe is the largest market. However, the emerging economies in Asia-Pacific are likely to take the lead in the adoption of biopesticides. North America and South America are also expected to show significant growth in the segment.

Major companies in the sector include:

Bayer Crop Science AG

BASF SE

Certis LLC, Agraquest

Koppert Biological systems

Marrone Bio-innovations

Valent Biosciences

Recent Industry Insights

The biopesticides market is considered to be an emerging market, which is evident from the mergers and acquisitions by the industry giants. The acquisition 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 business sector. After releasing two products Kodiak ® Concentrate and Serenade SOIL ® in 2014, it plans to release Requiemâ„¢ by the end of 2017.

Valent BioSciences entered into a North American distribution agreement for a biofungicide product range with BioAg Allianc, constituting Monsanto and Novozymes. Likewise, Syngenta entered into a technical partnership with Pasteuria Bioscience for the development of a bionematicide. Companies such as Andermatt Biocontrol, Koppert Biological Systems, Certis USA, and many more, have introduced many biopesticides in the USA, Australia, Canada and South Africa in the year 2015.

Key Deliverables in the Study

Market analysis for the global biopesticide market, with region-specific assessments and competition analysis.

Market overview and identification and analysis of the macro and micro factors that affect the biopesticide market and are instrumental in changing the market scenario, on both global and regional scales.

Extensively researched competitive landscape section with profiles of major companies and their market share, along with an analysis of their current strategic interests and financial information and strategies adopted by them to sustain and grow in the studied market.

The report holds importance for the following stakeholders:

Producers and manufacturers

Agricultural input companies

Enterprises operating in the industry

Traders and stakeholders operating in the sector

Investors/research institutions interested in the market

Customization Options:

Supply chain analysis

Regulatory framework

Trade analysis

Trend analysis

Check Discount @ https://www.reportsandmarkets.com/check-discount/1071912-global-biopesticides-market-growth-trends-and-forecasts-2017-2022

For more information or any query mail at sales@reportsandmarkets.com

About Reports And Markets

Reports And Markets is part of the Algoro Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.

Are you mastering your market? Do you know what the market potential is for your product, who the market players are and what the growth forecast is? We offer standard global, regional or country specific market research studies for almost every market you can imagine.

Contact Person

Sanjay Jain

Manager - Partner Relations & International Marketing

info@reportsandmarkets.com

Ph: +1-214-377-1121 (US), +44-020-3286-9338 (UK)

This release was published on openPR.

Permanent link to this press release:

Copy
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 witnessing double digit market growth here

News-ID: 690771 • Views: 356

More Releases from REPORTSANDMARKETS

Research on Global Intraoperative Neuromonitoring (IONM) Market Outlook (2020-20 …
The report on the global Intraoperative Neuromonitoring (IONM) market is studied by research experts for a defined conjecture period of 2020 to 2026. This market is analyzed in detail by several market research experts to understand the landscape and forecast the future trajectory taken up by the market. This recently released report includes in-depth analysis to provide various influential insights to the audience of this report and aid in better
Strategic Trends in Global Mental Health EHR Software Market 2020, Analysis by S …
Overview This report offers a concise but insightful analysis of the industry during this forecast period of 2020-2026. It basically offers a general idea of the service or product as well as the various purposes it is used for in various end-user industries. The report also throws light on some current as well as upcoming trends in the market. While it attempts to provide a detailed description of the production process,
Comprehensive Report on Sensory Rooms Market 2020, Research Report Covers Update …
This report has been prepared after undertaking an exhaustive study of the prevailing trends in the Sensory Rooms industry. It contains concise but highly informative summary of the market and offer definitive definition, fundamental uses and various manufacturing methods used. In order to understand the complexity of global Sensory Rooms market, data scientists study the prevailing competition in the market. Get The Sample Copy Here- https://www.reportsandmarkets.com/sample-request/global-sensory-rooms-market-report-2020-by-key-players-types-applications-countries-market-size-forecast-to-2026-based-on-2020-covid-19-worldwide-spread?utm_source=openpr&utm_medium=15 Key Players- Adam
Trends in Global Seafood Seasoning Market 2020,(Impact of Covid-19), Share, Size …
Overview The global Seafood Seasoning market survey report provides the reader with plenty of information with regards to the current undertakings of the market as well as the scope for growth in the near future. The report details the potential of the market and also the levels of global demand that will be attained by the end of the forecast period. The figures provided by this report have been ascertained based

All 5 Releases


More Releases for Markets

Water Purifiers: Global Markets
Water purification refers to the process of cleaning water wherein unhealthy chemical compounds, organic and inorganic impurities, contaminants and other impurities are removed from the water content. The main objective of this purification is to provide clean and safer drinking water to people, and thereby minimize the spread of the many diseases caused by contaminated water. Water purifiers are technology-based devices or systems that make the water purification process easier
Acne Drugs: Global Markets
The global market for acne drugs was valued at REDACTED in 2019. The market is expected to growat a compound annualgrowth rate (CAGR) of REDACTED to reach REDACTED by 2025. Growth of the global market is attributed the increasing numberof cases of acne and skin diseases, unhealthy eating habits and the rising adoption of skin care productsworldwide. To Get Sample Copy of Report Visit @ https://www.researchmoz.us/enquiry.php?type=S&repid=2798596 Increasing prevalence of the acne and
Research for Markets
This report studies the Global Light Management System Market, analyzes and researches the Light Management System development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like • GE (US) • Philips Lighting (Netherlands) • Eaton (Ireland) • Zumtobel (Austria) • OSRAM (Germany) Looking For More Information on This Market? Get Free Sample Report @ http://www.researchformarkets.com/sample/global-light-management-system-market-35079 Market segment by Regions/Countries,
Fior Markets
The report on the Global Industrial Automation for Oil & Gas Market is the in-depth documentation that offers a comprehensive overview of Industrial Automation for Oil & Gas market. The report focuses on the most prominent industry players across the world along with the information of their market share, company profiles, product pictures, specifications, contact information and sales. An executive-level blueprint for beginning of Industrial Automation for Oil & Gas
Restaurant Markets in China
China’s demand for Restaurant has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption and capital investment for over two decades. This new study examines China’s economic trends, investment environment, industry development, supply
Diabetic Food: Global Markets
Diabetic Food Market (Ice Creams & Jellies, Dairy Products, Dietary Beverages, Baked Products, Confectionary, Snacks and Other Products): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021 The report provides historic data of 2015 and forecast from 2016 to 2021 based on revenue (USD Billion) The report gives the overview of the diabetic food industry along with the forecast and analysis for the diabetic food market