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Biopesticides Market Segments, Opportunity, Growth and Forecast by End-Use Industry 2021

Biopesticides Market Industry Analysis, Trends, Segment & Forecast up to 2021


Sarasota, FL -- (SBWIRE) -- 08/30/2016 -- Pesticides are ubiquitous, toxic and synthetic agents. It mainly kills or prevents pests present on plants and animals. The other functions of pesticides are crop protection, prevention of vector-borne diseases and preservation of food and materials. As of April 2016, there are around 299 registered biopesticides active ingredients and 1401 active biopesticides product registrations. Biopesticides target the organisms affecting the growth as compared to the conventional pesticides which are harmful for birds and other animals.

Biopesticides can be applied using different formulations. They are mainly used as liquid solution or in dry form. The liquid solution can be directly sprayed on plants or in the soil whereas dry form can be thrown over the field. However, this formulation type solely depends on the crop type. Biopesticides are derived from the natural resources and can be mainly classified into three major groups such as biochemical pesticides, microbial pesticides and Plant-Incorporated-Protectants (PIPs) pesticides. Microbial pesticides are extensively used pesticides owing to their high effectiveness.

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The report provides a comprehensive view on the biopesticides market. To understand the competitive landscape in the market, an analysis of Porter's Five Forces model for the biopesticides market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate and general attractiveness. The report also analyzes several driving and restraining factors and their impact on the market during the forecast period.

Biopesticides are considered to be eco friendly and hence rising awareness for use of eco friendly products drives biopesticides market. Ample support and funding from the government for the use of eco friendly biopesticides further stimulates the growth of this market. Furthermore, increasing incidence of crop diseases coupled with growing demand for organic food fuels supports the demand for biopesticides. However, lack of awareness from the developing and underdeveloped regions may hinder the growth of the biopesticides market. Research and development expenditure for biopesticides is low as compared to the conventional pesticides. This factor may persuade the inventors to focus on the development of innovative products.

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Bayers CropScience Ag, Parry America, Inc, BASF SE, Monsanto Company, Certis USA L.L.C, Isagro S.p.A, Marrone Bio Innovations Inc. and The Dow Chemical Company are some of the major key players in the biopesticides market. Companies primarily focus on the extensive R&D for the development of innovative products in order to maintain their shares in the market.

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The report segments of the underfloor heating market into:

Biopesticides Market: Type Segment Analysis

Biopesticides Market: End User Segment Analysis
Fruits & vegetables
Grains & oilseeds

Biopesticides Market: Type of Usage Segment Analysis
Soil treatment
Post harvest
Seed treatment
Foliar spray

Biopesticides Market: Regional Segment Analysis
North America
Asia Pacific
Latin America
Middle East & Africa

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