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In order to fulfill the food demand of a growing population, higher and advanced productive agricultural materials are required. Over the last several decades, there have been tremendous efforts to improve agricultural yields through the extensive application of chemicals that have long-lasting and profound effects on the environment and human being. Therefore, to feed the world population without the damaging environment, the use of biopesticides is increasing significantly across the globe. This is the main reason that the number of major multinationals have jumped into the biopesticides market in recent years.The growth in Biopesticides Market is mainly attributed to increasing investment by leading crop protection companies in biopesticides space, growing awareness about environmental safety with use of biopesticides, growing organic farming & demand for organic food, and increasing government initiatives to promote the use of biopesticides across the globe. However, factors such as lack of awareness & low adoption of biopesticides in certain regions, low shelf life & inconsistent performance of biopesticides, and various challenges to new entrants & small companies are expected to hinder the growth of biopesticides market.
The global biopesticides market study presents historical market data in terms of value and volume (2017 and 2018), estimated current data (2019), and forecasts for 2025-by type (bioinsecticide, biofungicide, bionematicide, and bioherbicide), origin (microbial, biochemical, plant incorporated protectant), application (foliar spray, seed treatment, soil treatment, post-harvest, and root treatment); form (liquid form and dry form), and crop type (fruits and vegetables, grains, Cereals, and oilseeds, and other crops). The study also evaluates industry competitors and analyzes the market at a regional and country level.
Based on type, bioinsecticides segment is estimated to command the largest share of the overall biopesticides market in 2019. The large share of this market is mainly attributed to growing awareness regarding environmental hazards due to chemical insecticides, high prevalence of insect-based infections, and rise in number of resistant pests. However, bionematicide segment is estimated to register the rapid growth during the forecast period of 2019-2025. The fast growth of this market is attributed to the growing crop infection by nematodes and strict government regulations on chemical nematicides.
This research report analyzes major geographies and provides comprehensive analysis for North America (U.S., Canada), Europe (France, Germany, Spain, Italy, U.K. and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, and RoAPAC), Latin America, Middle East, and Africa. North America commanded the largest share of the global biopesticides market in 2018, followed by Europe and Asia-Pacific. However, Asia-pacific region is projected to show lucrative growth potential for the biopesticides market during the analysis period. The growth in the Asia-Pacific region is mainly attributed to the increasing demand for organic food products, high prevalence of crop diseases, and government initiatives to develop and increase application of biopesticides in the region.
The report also includes extensive assessment of the key strategic developments adopted by the leading market participants in the industry over the past 4 years (2016–2019). The key players operating in the global Biopesticides market are BASF SE, Bayer CropScience AG, Marrone Bio Innovation, Certis USA L.L.C., The Dow Chemical Company, Monsanto Company (Part of Bayer), Isagro S.P.A., Camson Bio Technologies Limited, Andermatt Biocontol AG, Som Phytopharma India Limited, Syngenta, International Panaacea Ltd, The Stockton Group, BioWorks, Inc., Novozymes, Inc., Koppert B.V., W. Neudorff GMBH KG, Invivo Agrosciences, Valent U.S.A. LLC, and FMC Corporation.
TOP 10 COMPANIES IN BIOPESTICIDES MARKET
Table of content-
1. Introduction
1.1. Market Ecosystem
1.2. Currency and Limitations
1.2.1. Currency
1.2.2. Limitations
1.3. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation
3. Executive Summary
3.1. Introduction
3.2. Segment Analysis
3.3. Regional Analysis
3.4. Key Players
4. Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Increasing Investments from Leading Crop Protection Companies in Biopesticides Market
4.2.2. Growing Awareness about Environmental Safety with the Use of Biopesticides
4.2.3. Higher Crop Quality and Yield with the Use of Biopesticides
4.2.4. Growing Organic Farming and Demand for Organic Food
4.2.5. Increasing Government Initiatives to Promote the Use of Biopesticides across the Globe
4.3. Restraints
4.3.1. Lack of Awareness and Low Adoption Rate of Biopesticides
4.3.2. Challenges to New Entrants and Small Companies
4.3.3. Low Shelf Life and Inconsistent Performance of Biopesticides
4.4. Challenges
4.4.1. Lengthy Product Registration and Approval Process
4.4.2. IP Protection Deficiencies and the Abs Convention
4.5. Opportunity
4.5.1. Emerging Markets: the Asia Pacific and Latin America
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5. Global Biopesticides Market, by Product Type
5.1. Introduction
5.2. Bioinsecticides
5.3. Biofungicides
5.4. Bionematicides
5.5. Bioherbicides
6. Global Biopesticides Market, by Mode of Application
6.1. Introduction
6.2. Foliar Spray
6.3. Seed Treatment
6.4. Soil Treatment
6.5. Post-Harvest
6.6. Root Treatment
Key questions answered in the report-
Which are the high growth market segments in terms of type, mode of application, crop type, origin, and countries?
What is the historical market for biopesticides across the globe?
What are the market forecasts and estimates from the period 2019-2025?
What are the major drivers, restraints, opportunities, and challenges in the global biopesticides market?
Who are the major players in the global biopesticides market and what share of the market do they hold?
Who are the major players in various countries and what share of the market do they hold?
How is the competitive landscape?
What are the recent developments in the global biopesticides market?
What are the different strategies adopted by the major players in the global biopesticides market?
What are the geographic trends and high growth countries?
Who are the local emerging players in the global biopesticides market and how do they compete with the other players?
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