NEW YORK, Dec. 13, 2016 /PRNewswire/ -- The Moroccan biostimulants market is projected to grow by 2021, at a CAGR of 10.7% from 2016 to 2021. The biopesticides market in Morocco is projected to be growing at a CAGR of 10.3 % from 2016 to 2021.
Biostimulants and biopesticides are used as agricultural biologicals to stimulate plant growth and protect the plants from harmful pests. This report is a combined study of biostimulants and biopesticides market in Morocco. The market for biostimulants is studied for biostimulant active ingredients and the market for biopesticides is studied for biopesticide types, between 2014 and 2021.
The Moroccan markets studied in this report are segmented on the basis of biostimulant active ingredients and biopesticide types. The biostimulant active ingredients include acid-based active ingredients and extract-based active ingredients. On the basis of biopesticide types, the market is studied for bioinsecticides, biofungicides, bioherbicides, and bionematicides. According to FAO, around 96% pesticides are imported to Morocco mainly from EU. The key players such as Isagro SPA (Italy), Marrone Bio Innovations, Inc. (MBI) (U.S.), Bayer CropScience AG (Germany), and ÉLÉPHANT VERT (Morocco) have a strong presence in Morocco. Their biopesticide and biostimulant products are marketed by either their own distribution offices or local players supplying such products.