DUBLIN, August 11, 2017 /PRNewswire/ --
The "Global Biopesticides Market 2017-2021" report has been added to Research and Markets' offering.
The global biopesticides market to grow at a CAGR of 17.37% during the period 2017-2021.
Global Biopesticides Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is the advances in biopesticide development. It is expected that the advances in the development of biopesticides will be a result of exploiting knowledge related to the genomes of pests and their natural enemies. Molecular-based technologies are used in research to reconstruct the evolution of microbial natural enemies and disrupt the molecular basis for their pathogenicity.
This is done to understand how weeds fight with crops and develop resistance to herbicides and to identify the characteristics of the receptor proteins present in insects for detecting semiochemicals. This information provides greater insights related to ecological interactions between biopesticides and pests, and help in improving the efficacy such as strain improvement of microbial natural enemies. With further improvement in the sequencing of pest genome, techniques such as RNA interference for pest management can be implemented in commercial practice.
According to the report, one of the major drivers for this market is the increase in pest activities due to global warming. It is expected that the global temperature will rise by 35.24F-39.2F by the year 2100 because of the increase in greenhouse gases present in the atmosphere. This will affect the productivity and sustainability of agriculture in agroecological zones and also impact the emergence and severity of diseases, which in turn, will affect agricultural crops.
Further, the report states that one of the major factors hindering the growth of this market is the lack of profit and risk involved. Most biopesticides have high selectivity levels, for example, baculovirus-based bioinsecticides, namely CpGV, can be applied to either one or few species of insects. This is beneficial as these products have specific targets and do not cause any harm to wildlife or even to other natural pests. However, this factor also suggests that biopesticides are products that serve a niche market with low profit potential.
- Sumitomo Chemical
Other Prominent Vendors
- Agrilife SOM Phytopharma India
- Andermatt Biocontrol
- Arysta LifeScience
- Certis USA
- Hebei Veyong Bio-Chemical
- Phyllom BioProducts
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by crop type
PART 07: Market segmentation by active ingredients
PART 08: Market segmentation by product type
PART 09: Geographical segmentation
PART 10: Decision framework
PART 11: Drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/p65qlg/global
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SOURCE Research and Markets