Biopesticides market is projected to reach a value of USD 8.82 billion by 2022, growing at a CAGR of 17.4% from 2016.
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Top Companies Analyzed for Biopesticides Market are – BASF SE (Germany), Bayer Crop Science AG (Germany), Marrone Bio Innovations Inc. (U.S.), Certis USA LLC (U.S.), Koppert Biological Systems (Netherlands), and The Dow Chemical Company (U.S.), Monsanto Company (U.S.), Isagro SPA (Italy), Camson Bio Technologies Limited (India), Bioworks, Inc. (U.S.), W. Neudorff GmbH Kg (Germany), and Valent Biosciences Corporation (U.S.).
North America formed the largest market for biopesticides in 2015, whereas Europe accounted for the second-largest market share in 2015.
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Extensive R&D activities in the North American region have helped in the introduction of customized and crop-specific products, which in turn led to the growth of biopesticides market. The global biopesticides market has been segmented region-wise, with a detailed analysis of each region by studying the key markets.
These regions include North America, Europe, Asia-Pacific, and the Rest of the World (RoW). European region is projected to be the fastest-growing market for the next six years, owing to the development of agricultural sector and growth in demand for food.
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On the basis of type, biopesticides have been segmented into bioinsecticides, biofungicides, bioherbicides, and bionematicides, and others, which include sulfur, oil, insect repellent, moth control, and biochemicals. Among these, the bioinsecticides segment accounted for the largest market share in 2015, followed by the bioherbicides and biofungicides segments, respectively.
Bioinsecticides are largely used for horticultural crops, for healthy crop growth.
On the basis of mode of application, the biopesticides market has been segmented into foliar spray, seed treatment, soil treatment, and post-harvest. The market was led by foliar spray followed by soil treatment.
Foliar spray is largely used by farmers because of its high efficiency and ease of application.
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- Biopesticide manufacturers
- Biopesticide raw material suppliers
- Biopesticide product exporters & importers
- Crop protection chemical manufacturers
- Educational institutions
- Regulatory authorities
- Consulting firms
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- This study estimates the global market of biopesticides, in terms of dollar value, till 2022, segmented on the basis of type, crop type, origin, formulation, and mode of application
- It offers a detailed qualitative and quantitative analysis of this market with reference to the competitive landscape, and preferred development strategies such as agreements, expansions, mergers, and acquisitions to gain a larger share in the market
- It provides a comprehensive review of major market drivers, restraints, opportunities, challenges, winning imperatives, and key issues of the market
- It covers various important aspects of the market. These include analysis of the value chain, competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the biopesticides market
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