Research and Markets: United States Biopesticides Market – Growth, Trends and Forecasts (2015-2020)
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/wvvfnx/united_states) has announced the addition of the “United States 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.
North America Biopesticides market is poised to post respective CAGRs of 14.4% and 16.6% for volume and value. Value demand for Pesticides in the United States is projected to reach US$4,932.19 million by 2020.
The worldwide trend of maintaining sustainability in human, animal and environmental heath by minimizing the use of chemical pesticides is evident in the largest global market, too. The US market for Biopesticides is largely driven by simple registration process, consumers growing preference for organic products and growing consumer awareness on the ill effects of synthetic pesticides on human health.
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. The North America region with the introduction of NAFTA has reduced the trade tussles between the member countries, thus reducing the companies’ trade barriers and increasing their distribution reach in to various provinces.
The United States forms the largest Biopesticides market in North America. Crop-based applications account for the largest share of Biopesticides in the region. The US is the biggest user of Biopesticides in the region with a market estimated to be worth $1968 million.
Key Topics Covered:
2. Key Findings of the Study
3. Market Overview
4. Market Dynamics
5. Market Segmentation
1,4Group, Inc. (USA)
Adjuvants Plus Inc (Canada)
Marrone Bio Innovations
Certis USA LLC
For more information visit http://www.researchandmarkets.com/research/wvvfnx/united_states
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Sector: Agriculture, Agrochemicals and Fertilisers