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Biopesticides Market by Type, Origin, Mode of Application, Formulation, & Crop Type - Global Forecast to 2022

Biopesticides Market: Global Forecast until 2022

  • November 2016
  • 190 pages
  • ID: 4364825
In this report:
According to the FAO, Asia was the leading producer of vegetables in 2015, with a ##.##% volume output and an annual growth of ##.##%, compared with the global rate of ##.##%.
According to Agriculture and Agri-Food Canada (AAFC), Canadian farmers spent ~##.##% of the total farm expenditure on fertilizers and pesticides in 2014.

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"Global biopesticides market forecasted to grow at a CAGR (Compound annual growth rate) of 17.40 percent"

The overall biopesticides market is estimated to grow a value of ~$8.8B by 2022, increasing at a compound annual growth rate (CAGR) of 17.40 percent from 2016. The sector is influenced by Elements such as increase in the crop production, ease of application, rise in need for organic food, and increase in preference for sustainable pest control pesticides. The change in farming practices, clubbed with advanced technologies and promotion by the governments of many countries across the globe also drives the industry demand for biopesticides in the agricultural industry. Elements such as low shelf life of biopesticides and high cost of biopesticides leading to the growth in agricultural cost of production are selecting the increase of the market.

"Bioinsecticides segment recorded for the largest part of market share in 2015 among the types of biopesticides"

On the basis of class, biopesticides have been broken down into bioinsecticides, biofungicides, bioherbicides, and bionematicides, and others, which include sulfur, oil, insect repellent, moth control, and biochemicals. Among these, the bioinsecticides segment recorded for the biggest market share in 2015, succeeded by the bioherbicides and biofungicides segments, respectively. Bioinsecticides are largely used for horticultural crops, for healthy crop increase.

"Foliar spray segment led the industry with the biggest market share in 2015"

On the basis of mode of application, the biopesticides market has been split into foliar spray, seed treatment, soil treatment, and post-harvest. The sector was led by foliar spray succeeded by soil treatment. Foliar spray is largely used by farmers as a result of its high efficiency and ease of application.

"North America continent controled the industry with the biggest share, because Europe (EU) increasing at the highest compound annual growth rate (CAGR)"

North America (NA) formed the biggest market for biopesticides in 2015, because EU recorded for the second-largest market share in 2015. Extensive R&D activities in the North American area have helped in the introduction of customized and crop-specific products, which in turn led to the rise of biopesticides market. The overall biopesticides market has been divided region-wise, with An in-depth study of each area by studying the top industries.

These areas contain North America continent, Europe (EU), Asia Pacific (APAC), and the Rest of the globe. European area is forecasted to be the quickest developing market for the upcoming six years, due to the development of agricultural market and increase in demand for food.

Breakdown of profiles of primary members taking part is like:

- By Company category: Tier 1 - 30 %, Tier 2 - 45.0 percent, and Tier 3 - 25.0 percent

- By Description: Directors - 22.0 percent, C-suite - 28.0 percent, and Grade of manager - 50.0 percent

- By area: North america (NA) - 35.0 percent, Europe - 23.0 percent, Asia-Pacific - 32.0 percent, and rest of the world - 10.0 percent

Top players identified in the biopesticides market contain BASF SE, Bayer CropScience (Bayer's subsidiary), Marrone Bio Innovations Inc., Certis USA LLC, Koppert Biological Systems, and Dow Chemical (NYSE:DOW), Monsanto Company, Isagro SPA, Camson Bio Technologies Limited, Bioworks, Incorporated, W. Neudorff GmbH Kg, and Valent Biosciences Corporation.

Segment Research

- This analysis estimates the overall market of biopesticides, in terms of dollar value, until 2022, divided on the basis of type, crop type, origin, formulation, and mode of application

- It affords a in-depth qualitative and quantitative analysis of this market with reference to the competitive landscape, and preferred development strategies including agreements, business developments, mergers, and acquisitions to benefit a better share in the sector

- It offers a comprehensive analysis of major market drivers, industry restraints, possibilities, opportunities, winning imperatives, and main issues of the market

- It includes different important aspects of the market. These include study of the value chain, opposing landscape, market forces, industry estimates, in terms of value importance, and next trends in the biopesticides market

Why acquiring this study can help you:

From an insight prospect, this market research has emphasized several levels of analyses - industry, market share research of top players, supply chain research, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape; coming out and high-growth segments of the biopesticides market; high-growth areas; and sector drivers, market restraints, and alternatives.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on biopesticides provided by the top actors in the overall biopesticides market

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, Research&development activities, and recent product launches in the biopesticides market

- Industry development: Highlighted information about lucrative emerging markets-the report examines the industries for biopesticides across several areas

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall biopesticides market

- Opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of the key players in the overall biopesticides market

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