Biopesticides Market is expected to grow at a CAGR over 15.9% from 2017 to 2023


Posted October 10, 2018 by MRFRresearch

Biopesticides Market is expected to grow at a CAGR over 15.9% from 2017 to 2023, Global Biopesticides Industry categorizes the Global Market by Type, Form, Application, Crop and Region | Biopesticides Market

 
The global biopesticides market is set to grow at an impressive rate during the forecast period (2017-2023), reports Market Research Future (MRFR). Biopesticides are biological pesticides derived from natural materials such as plants, animals, and bacteria. As there is no foreseeable end to the accelerated demand for food due to ever-growing population, biopesticides act as the ideal solution as the practice that aids the fertility and yield of decreasing arable land.

Market Scope
Biopesticides are highly effective against microbial infections that outbreak crops which is a driving factor for the growing acceptance of biopesticides in the agriculture sector across the globe. Increasing demand for organic products in the developed countries is driving the growth of the bio-pesticides market.

Industry News
There is a continuous surge in government efforts in several developed nations to make the crop protection more sustainable. These efforts are ably supported by initiatives to discourage the injudicious use of chemical pesticides that cause adverse effect on human health and the ecology.

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Key Players and Competition Analysis
Some of the key players profiled in the global biopesticides market are Bayer Crop Science AG (Germany), DuPont (U.S.), BASF SE (Germany), Monsanto Company (U.S.), Syngenta (Switzerland), Novozymes Biologicals (Denmark), Certis USA LLC (U.S.)

Segmentation Analysis
The Biopesticides Market is segmented based on type, form, application and crop.
The types of biopesticides are bioherbicide, bioinsecticide, bio fungicide, and others. Among these, bioinsecticide has been observed to be growing at the fastest rate because of its convenience to use and easy application.

Browse the market data and information spread across 110 pages with 30 data tables and 17 figures of the report “Global Biopesticides Market Research Report- Forecast till 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/biopesticides-market-5098

Regional Analysis
The global biopesticides market is spread across the regions of North America, Europe, Asia Pacific, and rest of the world (RoW).
Among all regions, North America is leading the market with the United States (U.S) as a major contributor to this regional growth. Growing demand for organic food in the countries in North America is fueling the market growth. Moreover, the market in the region is progressing because of simple registration process and increasing consumer awareness about the ill effects of synthetic pesticides on human health.

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Categories Food
Tags biopesticides industry , biopesticides market , global biopesticides market
Last Updated October 10, 2018