Biopesticides Market is expected to grow at a CAGR of 18.2% during the forecast period from 2017 to 2025. Biopesticides are particular types of pesticides extracted from naturally occurring materials, such as plants, animals, bacteria, and minerals. Biopesticides
Portland, OR -- (SBWIRE) -- 01/02/2018 -- BioPesticides Market Overview
Biopesticides Market is expected to grow at a CAGR of 18.2% during the forecast period from 2017 to 2025. Biopesticides are particular types of pesticides extracted from naturally occurring materials, such as plants, animals, bacteria, and minerals. Biopesticides work similar to chemical pesticides, but in an environmental friendly way. Unlike artificial pesticides, biopesticides have less amount of side effects on crops and its surroundings.
Biopesticide Market is segmented on the basis of type, origin, mode of application, crop type, formulation, and geography. On the basis of type, the market is divided into bioinsecticides, biofungicides, bioherbicides, and bionematicides. On the basis of origin the market is classified into beneficial insects, microbials, plant-incorporated protectants, and biochemicals. The market is also segmented by mode of application, crop type, and formulation. Geographically, it is studied across North America, Europe, Asia pacific, and LAMEA.
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Biopesticide Market dynamics
Developing farming practices from traditional farming to modernized and smart farming.
Awareness about chemicals pesticides and their side effects compelling farmers to go organic and eco-friendly.
Pests become resistant to chemical pesticides, which makes way for the need of an alternative
Cost of the biopesticide
Lack of awareness among agronomist, growers, and crop consultants in the developing countries
Biopesticide Market Players
The key players operating in the market are Agbitech Pty Limited, Andermatt Bio Control Ag, Becker Underwood Inc., Agraquest Inc., Som Phytopharma Limited, Bayer Ag, Bioworks Inc., Certis Llc, Isagro Spa., and Camson Bio Technologies Limited.
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By Crop type
Grains & Oilseeds
Fruits & Vegetables
By Mode of application
Rest of Europe
Rest of Asia-Pacific
Rest of LAMEA