Press release
How Biopesticides Market will Rise in Coming Years? Analysis by Top Industry Players: Valent BioSciences Corporation, Certis (US), Marrone Bio Innovations, Bioworks
The global biopesticides market size is expected to witness potential gains in the future, and register a significant CAGR of 15.92% over the forecast period (2019 - 2027). The market was valued at US$ 2.9 billion in 2018, and is expected to reach US$ 6.5 billion by 2027.
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Market Overview
Biopesticides are derived from natural materials such as plants, bacteria, fungi, and virus. There are three major types of biopesticides: biochemical pesticides, microbial pesticides, and plant-incorporated-protectants (PIPs). Biopesticides are used in organic farming, eco-friendly pest management, controlling pant diseases, seed treatment, and soil amendments.
Market Dynamics
Considerable pressure on farmers to reduce or eliminate the use of pesticides in crop production systems, owing to the effects of pesticide residues on human health and on the environment is a major factor boosting growth of the market. Moreover, several government organizations are focused on development of ‘safer pesticides’ such as the Environmental Protection Agency (EPA). The current EPA policy is to facilitate the testing and registration of pesticides which have ‘reduced risks’.
Development of more active strains can increase the performance and acceptance of commercial products and broadened their use against other insect pests. Biological control is the most vital substitute to chemical pesticides to protect crops from pests, pathogens, and weeds. Therefore, key players in the market should focus on adoption of new genetic-engineering technology that promotes biological control in order to enhance their market share.
Market Outlook
North America is expected to be the largest market followed by Europe in the global biopesticides market. This is due to stringent regulations against the use of chemical pesticides that eventually promote the use of biopesticides in the region.
Key Players
Some of the major players operating in the global biopesticides market include, Valent BioSciences Corporation, Certis (US), Marrone Bio Innovations, Bioworks, FMC Corporation, Stockton Group, UPL, Bayer CropScience, BASF, Syngenta, Isagro, and Koppert.
Request For Customization of Research Report @ https://www.coherentmarketinsights.com/insight/request-customization/2722
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Request for pdf Brochure of this research report @ https://www.coherentmarketinsights.com/insight/request-pdf/2722
Market Overview
Biopesticides are derived from natural materials such as plants, bacteria, fungi, and virus. There are three major types of biopesticides: biochemical pesticides, microbial pesticides, and plant-incorporated-protectants (PIPs). Biopesticides are used in organic farming, eco-friendly pest management, controlling pant diseases, seed treatment, and soil amendments.
Market Dynamics
Considerable pressure on farmers to reduce or eliminate the use of pesticides in crop production systems, owing to the effects of pesticide residues on human health and on the environment is a major factor boosting growth of the market. Moreover, several government organizations are focused on development of ‘safer pesticides’ such as the Environmental Protection Agency (EPA). The current EPA policy is to facilitate the testing and registration of pesticides which have ‘reduced risks’.
Development of more active strains can increase the performance and acceptance of commercial products and broadened their use against other insect pests. Biological control is the most vital substitute to chemical pesticides to protect crops from pests, pathogens, and weeds. Therefore, key players in the market should focus on adoption of new genetic-engineering technology that promotes biological control in order to enhance their market share.
Market Outlook
North America is expected to be the largest market followed by Europe in the global biopesticides market. This is due to stringent regulations against the use of chemical pesticides that eventually promote the use of biopesticides in the region.
Key Players
Some of the major players operating in the global biopesticides market include, Valent BioSciences Corporation, Certis (US), Marrone Bio Innovations, Bioworks, FMC Corporation, Stockton Group, UPL, Bayer CropScience, BASF, Syngenta, Isagro, and Koppert.
Request For Customization of Research Report @ https://www.coherentmarketinsights.com/insight/request-customization/2722
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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