The Market for Biopesticides is Projected to Reach USD 6.60 Billion by 2020 at a CAGR of 18.8% From 2015 to 2020

Dec 11, 2015, 02:15 ET from Research and Markets

DUBLIN, December 11, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/n7546m/biopesticides) has announced the addition of the "Biopesticides Market - Global forecast to 2020" report to their offering. 

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The market for biopesticides is projected to reach USD 6.60 Billion by 2020 at a CAGR of 18.8% from 2015 to 2020. 

Though the biopesticides market is primarily driven by microbial biopesticides, biochemical and beneficial insects usage is projected to contribute to further growth. Grains & oilseeds and fruits & vegetables are the important crop segments that drive the current growth of the biopesticides market; however, there is a rising trend for use of biopesticides in forestry. 

The need for a continuous supply of food has led conventional agriculture to be strongly dependent on chemicals. The increasing concern of consumers and government on food safety has led growers to explore new environmentally friendly methods to replace, or at least supplement, the current chemical-based practices. The use of biopesticides has emerged as a promising alternative to chemical pesticides. 

North America dominated the global biopesticides market in 2014; whereas, the European region is projected to grow at the highest CAGR from 2015 to 2020. The Asian market presents a good opportunity for biopesticides as China and India adopt more biopesticides. The market competitiveness of biopesticides has been increasing with the growing demand for organic food from developing nations and environmental hazards caused by chemical pesticides. The less availability of arable land has fostered the use of advanced methods to increase the agricultural productivity. 

Key Topics Covered: 

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 Mode Of Application 

9 Biopesticides Market, By Origin 

10 Biopesticides Market, By Crop Type  

11 Biopesticides Market, By Formulation 

12 Biopesticides Market, By Region 

13 Competitive Landscape 

14 Company Profiles 

  • Basf SE
  • Bayer Cropscience AG
  • Bioworks, Inc.
  • Camson Bio Technologies Limited
  • Certis Usa L.L.C.
  • Dow Chemical Company
  • Isagro Spa
  • Koppert B.V
  • Marrone Bio Innovations Inc.
  • Monsanto Company
  • Valent Biosciences Corporation
  • W. Neudorff GMBH KG

For more information visit http://www.researchandmarkets.com/research/n7546m/biopesticides

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