MRO Magazine

Research and Markets: Global Bio Pesticides Market 2015 Report with Forecasts to 2020

August 7, 2015 | By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/qdjgpv/global_bio) has announced the addition of the “Global Bio Pesticides Market – By Regions and Vendors – Market Size, Demand Forecasts, Industry Trends and Updates, Supplier Market Shares 2014- 2020” report to their offering.

The global market for biopesticides was valued at $2.09 Billion in 2014 and is expected to reach $5.11 Billion by 2020, growing at a CAGR of 16.0% from 2014 to 2020. North America dominated the global biopesticides market. Europe is expected to be the fastest growing market in the near future owing to the stringent regulation for pesticides and increasing demand from organic products. Asia Pacific is one the potential markets for growth of biopesticides as it accounts for around 30% of the total land available on earth and around 60% of total world population.

Growth in the organic food market and easy registration than chemicals pesticides are driving factors for the global biopesticides market, since organic industry is dependent upon the chemical-free crop protection products to safeguard crops. Factors such as toxicity of crop protection products, environment friendliness, innovative production practices, new product offerings, increased availability, and advent of new pests are increasing the market for biopesticides, globally. However, factors such as the lack of knowledge to the farmers regarding the benefits of biopesticides and reluctance among farmers to change the existing chemical crop protection practices are restraining the growth of this market.

Key Topics Covered

1. Introduction

2. Key Findings of the Study

3. Market Overview

4. Market Dynamics

5. Market Segmentation

Companies Mentioned

  • Agbitech
  • Agraquest
  • Andermatt Biocontrol
  • Bayer
  • Becker Underwood
  • Biocare (India)
  • Bioworks
  • Camson Bio Technologies
  • Certis Usa
  • Growth Products
  • Hebei Veyong Bio-Chemical
  • Som Phytopharma (India)

For more information visithttp://www.researchandmarkets.com/research/qdjgpv/global_bio

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Agrochemicals and Fertilisers

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