Bacterial biopesticides consist of a microorganism (bacterium) as the main active ingredient. These pesticides can control different kinds of pests, such as butterfly, moths, lepidoptera, and bacterial pathogens, etc.
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The most widely used bacterial biopesticides are Bacillus thuringiensis (also known as Bt), which comprises 90% of the Global Bacterial Biopesticides Market. Each strain of this bacterium produces a different mix of proteins, and specifically kills one or a few related species of the insect larvae. While some Bts control moth larvae found in plants, other Bts are specific for the larvae of flies and mosquitoes. The target insect species are determined by whether the particular Bt produces a protein that can bind to a larval gut receptor or not, thereby causing the insect larvae to starve. Other popular bacterial biopesticides are Bacillus subtilis and Pseudomonas fluorescens.
This study basically aims to estimate the global bacterial biopesticides market for 2014, and to project its growth till 2019. The market research study provides a detailed qualitative and quantitative analysis of the global bacterial biopesticides market. Various secondary sources, such as news articles, directories, industry journals, and databases have been used to identify and collect information that is useful for this extensive commercial study of the bacterial biopesticides market. The primary sources like experts from the relevant industries and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects of the global bacterial biopesticides market. It also contains various long-term and short-term strategies that are adopted by the industry leaders to take leverage of the various driving forces that are fuelling the growth of this market.
The global bacterial biopesticides market is witnessing a competitive environment, with firms like Bayer CropScience AG (Germany), BASF (Germany), the Dow Chemical Company (U.S.), KOPPERT B.V. (Netherlands), among others, are focusing on the individual expansions of their respective market shares. To consolidate their position in the global bacterial biopesticides market, these companies are adopting numerous market strategies including innovative product development, partnerships, mergers & acquisitions, and expansion of the existing facilities. Other than these companies, the dominance of local players also exists in this market.