Press release
As per Envision Intelligence estimates, Global Biopesticides Market will be growing with a brisk CAGR of 17.4% during 2018-2024 owing to the increasing demand for organic food and rise in crop loss due to pests and diseases.
Biopesticides are certain types of pesticides derived from such natural materials as animals, plants, bacteria, and certain minerals. For example, canola oil and baking soda have pesticidal applications and are considered as biopesticides. As of 2017, there are 320 registered biopesticide active ingredients and 1430 active biopesticide product registrations.With the increase in demand for organic food, food security for the growing population, control of pests which have gained resistance to chemical pesticides, along with the limited agricultural land available in the world, and rise in crop loss due to pests and diseases, the use of biopesticides is expected to enhance the market growth.
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Global Biopesticide Market Top Players
• DuPont
• Bayer CropScience AG
• Isagro
• Monsanto
• FMC Corporation
• International Pannacea Ltd
Related Reports:
Global Agriculture Irrigation Machinery Market: https://www.envisioninteligence.com/industry-report/global-agriculture-irrigation-machinery-market/
Global Spreader Fertilizers Market: https://www.envisioninteligence.com/industry-report/spreader-fertilizers-machinery-market/
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