DALLAS, Texas — Global Biopesticides Market 2015-2019 research report says environmental and health concerns will propel uptake of biopesticides through 2019, where key active market players include BASF SE, Bayer CropScience, Novozymes Ltd. and Valent BioSciences Co.
Complete report on biopesticides market spread across 86 pages, talking in detail about four major companies and supported with 38 exhibits is now available here.
According to this new biopesticides market research, a growing number of environmental and health concerns are expected to propel the growth of the global bio-pesticides market during the forecast period. The latest survey report also draws attention towards the increase in private investments and joint ventures in the bio-pesticides sector in recent years, which have contributed to market growth and resulted in fundraising for new product developments, thus promoting the use of bio-pesticides. New manufacturers in the market are increasing as a result of heightened consciousness among consumers about chemical-free food, thereby increasing the demand for bio-pesticides.
To calculate biopesticides market size, the research considers revenue generated from sales of biopesticides in the agrochemical industry. The report further provides data on the following segments of the market: Crop Type (Permanent Crops, Arable Crops, Others), Product Type (Bio-herbicides, Bio-insecticides, Bio-fungicides, and Bio-nematicides), Active Ingredient (Microbials, Macrobials, Semiochemicals, and Natural Products) and Geography (North America, Europe, APAC, South and Central America, and the ROW). It also provides an extensive coverage on various applications and end-uses of the chemical, considering both the existing market landscape and its growth prospects in the coming years. The report further includes a discussion of the key vendors operating in this market. In addition to BASF, Bayer CropScience, Novozymes and Valent BioScience, this research also talks about AgBiTech, Agri Life SOM Phytopharma India, Andermatt Biocontrol, Arysta LifeSciences, Certis USA, Dow AgroSciences, EID Parry and Hebei Veyong Bio-Chemical. Order a copy of Global Biopesticides Market 2015-2019 research report here.
The increase in private investments and joint ventures in the biopesticides sector in recent years has contributed to the growth of the market. This has resulted in relative ease in fund raising for new product developments and launches which, in turn, is promoting the use of biopesticides. For instance, Bayer Crop Science acquired Agraquest, a global supplier of biological pest management solutions. Also, new manufacturers in the market are increasing as a result of the increased consciousness among consumers about chemical-free food, thereby increasing the demand for biopesticides.
According to biopesticides market report for 2015-2019, the residues emitted from chemical-based pesticides contaminate the entire food web, thereby leading to bioaccumulation. Bioaccumulation is the accumulation of chemicals in organisms through respiration, ingestion, or direct contact with contaminated water, sediment, and sediment pore waters. Bioaccumulation affects each element of the food web. The increase in the awareness about health and the environment propels the demand for eco-friendly crop protection solutions. Further, the report states that high maintenance and overhead costs for managing the operations hamper the growth of the market.
The global biopesticides market was valued at $1,796.56 million and is growing at a CAGR of 16% from 2014 to 2019, according to another research available with ReportsnReports.com titled as Biopesticides Market by Active Ingredient (Microbials & Biorationals), by Types (Bioinsecticides, Biofungicides, Bionematicides & Bioherbicides), by Application, by Formulation, by Crop Type & by Geography – Global trends & forecasts to 2019. Growing environmental concerns, rising demand of food, decreasing land availability, increasing health concerns, growing government support, and increasing private investments and venture funding to support new product developments are the key factors driving the growth of the biopesticides market in developing regions. The global biopesticides market is marked with intense competition due to the presence of large number of both big and small firms. New product launches and partnerships and collaborations are the key strategies adopted by market players to ensure their growth in the market. Increasing farmers’ concerns towards the prevention of use of crop protection chemicals, rising private investments, and venture funding to support new product development, and growing government support to magnify the adoption of organic crop protection products are the key factors driving the growth of the global biopesticides market. North Americaholds the largest share of the global biopesticides market, followed by Europe. However, in the forthcoming years, developing regions such as Asia-Pacific and Latin America are expected to form new revenue-generating pockets for the market players.
Companies profiled in the report on Biopesticides Market by Active Ingredient, by Types, by Application, by Formulation, by Crop Type & by Geography – Global trends & forecasts to 2019 include Bayer Cropscience AG, BASF, Dow Chemical Company, Koppert B.V., W. Neudorff Gmbh KG, Valent Biosciences Corporation, Isagro Spa, Certis USAA L.L.C., Camson Bio Technologies Limited, Marrone Bio Innovations Inc. and Bioworks, Inc. This research, spread across 191 pages and supported with 111 tables and 73 figures, is available for purchase here.
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