MarketsandMarkets: Global Biopesticides Market worth $3.2 billion by 2017


Posted August 25, 2014 by williamfeders

The report “Global Biopesticides Market (2017)” published by MarketsandMarkets defines & segments the global biopesticides market with analysis and forecasting of the global revenue for biopesticides.

 
The market is segmented and revenues are forecasted on the basis of major regions such as North America, Europe, Asia-Pacific, Latin America, and Rest of the World (ROW). The key countries are covered and forecasted for each region. Further, market is segmented and revenues are forecasted on the basis of applications.

Biopesticides are widely used for controlling insects and disease causing pathogens. Bioinsecticides, biofungicides, and bionematicides are rapidly growing markets segments and are expected to boost the demand for biopesticides in near future. Increasing demand for residue free crop protection products, which have lesser or no negative impact on environment and better safety features are key drivers of the biopesticide market.

Growth in organic food market and easy registration than chemicals pesticides are another driving factors for 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 biopesticide industry, globally.

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Key Features Of Report
1.The global market for biopesticide was valued at $1.3 billion in 2011.
2.is expected to reach $3.2 billion by 2017, growing at a CAGR of 15.8% from 2012 to 2017.
3.North America dominated the global biopesticide market, accounting for around 40% of the global biopesticide demand in 2011.
4.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.
5.Growing Markets: Europe, North America, Latin America, Asia Pacific and RoW.

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Contact Email [email protected]
Issued By william feders
Phone 1-888-6006-441
Business Address North - Dominion Plaza, 17304 Preston Road, Suite 800, Dallas, TX 75252
Country United States
Categories Agriculture , Biotech
Tags agrochemical industry , biobactericide , biofungicide , bioherbicide , bioinsecticide , bionematicide , biopesticides market , biopesticides
Last Updated August 25, 2014