Global Biopesticides Market:
By Type Biofungicides, Bioherbicides,Bioinsecticides , By Mode of Application Soil Treatment, Seed Treatment, Foliar Spray , By Crop type Fruits & Vegetables, Grains & Oilseeds , By Region North America, Europe, Asia Pacific, Rest of World , By Formulation Dry, Liquid , By Origin Biochemical Pesticides, Plant-Incorporated Protectants, Beneficial Insects .
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The Global Biopesticides Marketwas valued at USD 3.42 billion in 2016 and is projected to reach USD 14.62 billion by 2025, growing at a CAGR of 17.52% from 2017 to 2025.
The use of biopesticides makes agricultural practices less harmful depending on environmental conditions. This market has grown thanks to product development tools and easy availability of advanced research. Biopesticides are very effective against microbial infections, which has led to their growth in the agriculture sector. The high demand for exotic fruits and beverages has a major effect on this market as well.
1. Market Drivers
1.1 High demand for organic food products.
1.2 Major crop loss due to pest controls.
1.3 Rising awareness about chemical pesticides.
1.4 Major rise in costs of chemical pesticides.
2. Market Restraints
2.1 No Life of bio-pesticides.
2.2 Lack of innovative technology.
2.3 Very low adoption rate of biopesticides.
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The Global Biopesticides Marketis segmented on thebasis of Type, Mode of Application, Crop type, Region, Formulation, Origin.
1. By Type:
1.1.1 Biochemical Fungicides
1.1.2 Microbial Biofungicides
1.2.1 Metarhizium Anisopliae
1.2.2 Verticillium Lecanii
1.2.3 Beauveria Bassiana
1.2.4 Bacillus Thuringiensis
220.127.116.11 Plant Extracts
18.104.22.168.1.1 Bacillus Firmus
22.214.171.124.1.2 Paecilomyces Lilacinus
2. By Mode of Application:
2.1 Soil Treatment
2.2 Seed Treatment
2.3 Foliar Spray
3. By Crop type:
3.1 Fruits & Vegetables
3.2 Grains & Oilseeds
4. By Region:
4.1 North America U.S., Canada, Mexico
4.2 Europe Germany, UK, France, Rest of Europe
4.3 Asia Pacific China, India, Japan, Rest of Asia Pacific
4.4 Latin America Brazil, Argentina, Rest of Latin America
4.5 Rest of World
5. By Formulation:
5.1 Dry Formulation
5.1.1 Water-Dispersible Granules
5.1.2 Wet table Powder
5.1.3 Dry Granules
5.2 Liquid Formulation
5.2.1 Soluble Liquid Concentrate
5.2.2 Emulsifiable Concentrate
5.2.3 Suspension Concentrate
6. By Origin:
6.1 Biochemical Pesticides
6.2 Microbial Pesticides
6.3 Plant-Incorporated Protectants
6.4 Beneficial Insects
The major players in the market are as follows:
- Bayer Cropscience AG
2. The DOW Chemical Company
3. Marrone Bio Innovations Inc.
4. Valent Biosciences Corporation
5. W. Neudorff GmbH Kg
6. BASF SE
7. Monsanto Company
8. Is agro SPA
9. Carissa L.L.C.
10. Kipper B.V.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Research Methodology of Planet Market Reports
Research study on the Global Biopesticides Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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