Research and Markets: European Biopesticides Market – Growth, Trends and Forecasts (2015-2020)
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/89lf4n/european) has announced the addition of the “European Biopesticides Market – Growth, Trends and Forecasts (2015-2020)” report to their offering.
Worldwide, the pesticides industry has been witnessing a relatively steady growth, which has been primarily attributed to advancements in the Biopesticides industry. The Biopesticides industry is estimated to grow at a CAGR of 14.56% by volume and 16.22% by value terms during 2015-2020 and is estimated to value at US$ 3,655.79 million by 2020
The Biopesticides industry in Europe has gained from reduction in usage of synthetic pesticides because of the adverse effects associated with the latter. Since Biopesticides are products derived from natural and biological sources in contrast to mineral oil sources, their use has been found to be beneficial for humans, as well as the environment, with the other major benefit offered including their quick biodegradation.
Overall, consumption and demand for Bioherbicides in the region would remain largest, though Biofungicides would record fastest growth over the 2014-2020 analysis periods. By region, Germany would be the largest market for Biopesticides in Europe, the UK and France are likely to post fastest growths in terms of volume and value, respectively.
The key drivers in the market are growing demand for food safety and quality, increasing consumer demand for organic products thus encouraging organic farming practices and governments promoting bio control products. The market however is mainly constrained by the grower’s low awareness on the use of bio control agents and availability of the products. Also low shelf life of products results in farmer’s frequent application of Biopesticides thus resulting in increased costs.
Key Topics Covered:
2. Key Findings of the Study
3. Market Overview
4. Market Dynamics
5. Market Segmentation
- AGRAUXINE SA (France)
- Bayer CropScience
- De Sangosse S.A.S.
- Koppert Biological Systems
- Lallemand Plant Care & BioIngredients
- Novozyme biologicals
- Valent BioSciences Corporation
For more information visit http://www.researchandmarkets.com/research/89lf4n/european
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Sector: Agriculture, Agrochemicals and Fertilisers