Global Biopesticides Market

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Global Biopesticides Market
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Summary

• Global Biopesticides Market is estimated to reach
  4 billion by 2024 growing at a CAGR of 8.8
  between 2016 and 2024. Biopesticides are a type
  of pesticide, which contain active ingredient,
  derived from natural materials such as bacteria,
  fungi and virus or substance produced by plants
  which contains genetic material or
  Plant-Incorporated Protectants (PIPs).
  Biopesticides are usually less toxic as compared
  to conventional pesticides. At present, Bacillus
  thuringiensis (Bt) is most widely used
  insecticide which is useful for pest control.
  They target only the specific and affect only the
  target pest with regards to a broad spectrum. In
  U.S., before a pesticide can be marketed, The
  Federal Insecticide, Fungicide and Rodenticide
  Act (FIFRA), requires that United States
  Environmental Protection Agency (EPA) evaluate
  the proposed pesticide to assure that its use
  will not pose risk of harm to human health and
  the environment.

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• Increased knowledge among the end-users and
  advancements in biotechnology and bio-pesticide
  technology are the major factors supporting the
  growth of global biopesticides market. Moreover,
  encouragement for organic farming from various
  government organizations rising and RD for
  advanced farming innovations also fuel the growth
  of the market. However, negative perception and
  low availability along with low shelf-life of
  biopesticides may hinder the growth of the
  market. Furthermore, emerging technologies that
  world replace the traditional methods would
  provide opportunity in upcoming years.
• The biopesticides market is segmented based on
  the product type, active ingredient type, crop
  type, application and geography. By product type,
  it is further segmented into bioinsecticides,
  biofungicide, bionematics and bioherbicide.
  Active ingredient type can be further segmented
  into microbial pesticides, plant-based pesticides
  and biochemical pesticides. Crop type is
  segmented into permanent crops, arable crops and
  others. Furthermore, applications are segmented
  into seed treatment application, on-farm
  application and post-harvest.

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• By geography the market is segmented into North
  America, Europe, Asia-Pacific and RoW. The U.S.,
  Mexico and Canada are covered under North America
  wherein Europe covers France, Germany, Italy,
  Spain and others. Asia-Pacific covers China,
  India, Japan and others. Rest of the World (RoW)
  covers South America, Middle East and Africa.
• Key market players include Bayer CropScience Ag,
  GreeNeem, Sibbiopharm Ltd., Isagro SpA, BioWorks,
  Inc, San Jacinto Environmental Supplies, Troy
  Biosciences, Inc., Syngenta Bioline Ltd. Dow
  AgroSciences LLC and AgBiTech Pty Ltd.

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• The key takeaways from the report
• The report will provide detailed analysis of
  Biopesticides Market with respect to major
  segments such as product type, active ingredient
  type, crop type and application
• The report will include the qualitative and
  quantitative analysis with market estimation over
  2015-2024 and compound annual growth rate (CAGR)
  between 2016 and 2024
• Comprehensive analysis of market dynamics
  including factors and opportunities is included
  in the report
• An exhaustive regional analysis of
  Biopesticides Market will be provided in the
  report
• Profile of the key players in the Biopesticides
  Market, which include key financials, product
  services, new developments and business strategies

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Global Biopesticides Market
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