The UK market for biopesticides is anticipated to expand at a CAGR of 19.8% during the forecast period of 2016-2023. Rise in the demand for quality food, minimal entry barriers, imbalances in ecology, and developing markets in the economies that are evolving and ecological and health concerns for humans, plants and animals are the major factors for the growth of the biopesticides market in the UK.
The UK market for biopesticides is segmented on the basis of market type, application, form, function, crop timeline, ingredients and end user. The UK biopesticides market by ingredient is segmented into microbial and biorational which are further segmented into botanicals and semiochemicals. Awareness for environment safety has increased, the rise in demand for chemical free and eco-friendly farming products, new product launch, the improved scientific credibility of biopesticides products, stringent regulatory pressure, increased demand for the organic product and greater user confidence is driving the biopesticides market in the UK.
The major companies that are mentioned in the report of biopesticides market of UK are BASF SE, Bayer CROPSCIENCE AG, Koppert Biological Systems, Novozymes Biologicals, Inc.