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Global Biopesticides Market Growing at a CAGR of 16.0% to Reach $4,369.88 Million by 2019

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Biopesticides are less toxic than conventional pesticides.Biopesticides generally affect only the target pest and closely related organisms, in contrast to broad spectrum, conventional pesticides that may affect organisms as different as birds, insects, and mammals. Biopesticides often are effective in very small quantities and often decompose quickly, thereby resulting in lower exposures and largely avoiding pollution problems caused by conventional pesticides.When used as a component of Integrated Pest Management (IPM) programs, biopesticides can greatly decrease the use of conventional pesticides, while crop yields remain high.

Increasing farmers’ concerns towards the prevention of use of crop protection chemicals, rising private investments, and venture funding to support new product development, and growing government support to magnify the adoption of organic crop protection products are the key factors driving the growth of the global biopesticides market.North America holds the largest share of the global biopesticides market, followed by Europe. However, in the forthcoming years, developing regions such as Asia-Pacific and Latin America are expected to form new revenue-generating pockets for the market players.

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Growing environmental concerns, rising demand of food, decreasing land availability, increasing health concerns, growing government support, and increasing private investments and venture funding to support new product developments are the key factors driving the growth of the biopesticides market in developing regions. The global biopesticides market is marked with intense competition due to the presence of large number of both big and small firms. New product launches and partnerships and collaborations are the key strategies adopted by market players to ensure their growth in the market. The market is dominated by players such as AgraQuest, Inc. (U.S.), Marrone Bio Innovations Inc. (U.S.), Certis USA LLC (U.S.), and Koppert Biological Systems (The Netherlands).

In this report, the global biopesticides market is broadly segmented into type, end use, crop type, active ingredient, formulation, mode of action, and geography. The global biopesticides market was valued at $1,796.56 million and is growing at a CAGR of 16.0% from 2014 to 2019.

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Table of Contents

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Biopesticides Market, By Type

8 Biopesticides Market, By Crop Type

9 Biopesticides Market, By Application

10 Biopesticides Market, By Active Ingredient

11 Biopesticides Market, By Formulation

12 Biopesticides Market, By Mode Of Action

13 Geographic Analysis

14 Competitive Landscape

15 Company Profiles

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