HYDERABAD, India, November 10, 2016 /PRNewswire/ --
According to the report "Biopesticide Market", published by Market Data Forecast, the global market is projected to reach USD 6.77 Billion by 2021, at a CAGR of 16.6% from 2016 to 2021.
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Biopesticides are derived from natural sources which include animals, bacteria, plants, and certain minerals. Bt (Bacillus thruingiensis) containing products are the most common type of biopesticides but the plant-incorporated protectants (PIP) that come from adding genetic material to plants also fall in this category. Biopesticides are safe as they have high cost specificity and are biodegradable in nature, whereas traditional chemical pesticides often affect a broad range of pests as well as mammalian species and birds. They are required in low concentration to control insects.
The environmentally friendly biopesticides are an excellent alternative to conventional chemical pesticides. Growing environmental concerns and the health hazards inherent in the use of chemical pesticides have resulted in the increased adoption of biopesticides. These usually contain less toxic substance than the conventional pesticides which is expected to boost the biopesticides market in future period.
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The Biopesticides Market is segmented and analysed as follows:
By Crop Type:
- Permanent Crops
- Arable Crops
- Forage & Turf Grasses
- Greenhouse Crops
- Biochemical Pesticides
- Plant Pesticides
- Microbial Pesticides
By Microorganism's type:
- Seed Treatment
- On Farm
- North America Biopesticides Market
- Europe Biopesticides Market
- Asia-Pacific Biopesticides Market
- Latin America Biopesticides Market
- Middle-East and Africa Biopesticides Market
Major Companies operating in the market 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 Biopesticides market study offers the 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 that 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 analysing 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
Checkout other related studies in the Agrochemicals Segment:
Turf and Ornamental Grass Protection Market:
Crop Protection Pesticides Market:
Organophosphate Pesticides Market:
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