Global Bacterial Biopesticides Market
- MAR2978913
- 197 Pages
- September 2018
- Food and Beverages
Market Dynamics
The global bacterial biopesticides market is expected to grow at a CAGR of 15.7% during 2017-2022 forecast period. The market value is expected to reach $3310.4 million by 2022 from an estimated $1380 million in 2017. Demand for Quality Food, Growing Markets in Developing Economies, Minimum Entry Barriers, and Ecological Imbalance are the major drivers for the Biopesticides market.
Major Drivers for this market are the emergent demand for structured food superiority and safety. Conversely, factors decreasing the Global Biopesticides market is Low Adoption of Biopesticides, Low Awareness on Pesticides in Developing Nations and Low Shelf Life. Another challenge in the Biopesticides market is that Biopesticides are for the mainly focused on types of pests, so farmers need number of items to control numerous species of crops and plants.
Market Segmentation
The market can be categorized according to type, usage, application and geography. The type segment is explained based on bacteria strains; the usage of bacteria Bacillus thuringiensis is highest and is expected to grow substantially in agriculture sector. Some of the other bacterial microbes are Bacillus subtilis, Pseudomonas Fluorescens and others. By mode of application, the market is segmented as on-farm application, seed treatment and post-harvest application. By application, the market consists four crop types- Cereals & Grains, Oilseeds, Fruits & Vegetables and Others. Application of bacterial pesticides in fruits and vegetables crops accounts for most of market share by application.
Regional/Geographic Analysis
Asia Pacific and rest of the world (RoW) are expected to grow at a CAGR of 9.7% and 8.9% respectively.North American cities such as New York and Chicago are expected to be a lucrative market in the coming few years. Asia-Pacific holds the second largest market share owing to its growing penetration in Singapore, Hong Kong and other cities.
Opportunities
The Global Biopesticides Market is gaining good market hold because of the factors such as developments in the field of biotechnology and bio-pesticide technology and growing knowledge about pros of biopesticides among end-users. Moreover, increasing investments in R&D for innovative farming techniques and various policies aiding development of organic farming also surges the growth of the market.
Key Players
The key market players include Bayer CropScience Ag, GreeNeem, Sibbiopharm Ltd., IsagroSpA, BioWorks, Inc, San Jacinto Environmental Supplies, Troy Biosciences, Inc., Syngenta Bioline Ltd. Dow AgroSciences LLC, AgBiTech Pty Ltd. and others.
Report Contents:
> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players
Regional Analysis:
> North America
>> US and Canada
> Latin America
>> Mexico, Brazil, Argentina and Rest of Latin America
> Western Europe
>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe
> Eastern Europe
>> Russia
>> Poland
>> Rest of Eastern Europe
> Asia Pacific
>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific
> Middle East and Africa
>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Report Highlights:
> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage
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