1 / 3

Biopesticides Market

The US biopesticides market size is projected to expand at a substantial CAGR during the forecast period, 2021u20132028. The growth of the market is attributed to the increasing consumer desire for organic products.

gaurijoshi77
Télécharger la présentation

Biopesticides Market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. US Biopesticides Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast The US biopesticides market size is projected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing consumer desire for organic products. Biopesticides are biocrop protection agents made up of natural components including plant matter, microbes, and bacteria. Biopesticide, as defined by the Environmental Protection Agency (EPA), is generated from natural elements such as animals, plants, microorganisms, and certain minerals. Microorganisms including bacteria, viruses, fungi, and tiny nematode worms might be employed in agricultural operations to manage or eradicate pests that are likely to cause plant harm. In 2016, more than 4 million acres of land were under organic agriculture, up 11% from the previous two years. In 2016, there were close to 15,000 certified organic farms, up more than 6% from 2014. Because biopesticides are widely utilized in organic farming, biopesticide usage in organic farming is anticipated to rise in the United States. Bioinsecticides and biofungicides, which have a market share of 43 per cent and 44 per cent, respectively, in 2018, are the market leaders. The fact that they have more goods, are more diverse, and are more popular are the primary reasons for their dominance in the biopesticide market revenue in the United States. Market Trends, Drivers, Restraints, and Opportunities  Easier and simplified registration processes are expected to fuel market expansion during the forecast period. Increasing pest varieties are estimated to boost the market growth in the coming years. 

  2. Growing government support and assistance is anticipated to spur market growth during the forecast period. Lack of knowledge about biopesticides and their high prices is projected to restrict market expansion. Growing organic agricultural area is projected to offer immense opportunities for the market players.   Sample - https://growthmarketreports.com/request-sample/1798 Market Segment Insights Bioinsecticides segment is projected to account for a large market share Based on product types, the US biopesticides market is divided into bioherbicides, bioinsecticides, and biofungicides. The bioinsecticides segment is expected to account for a key share of the market during the forecast period due to its diverse application and popularity. Foliar applicationsegment is expected to register at a rapid pace On the basis of applications, the US biopesticides market is bifurcated into foliar application, soil treatment, and seed treatment. The foliar application segment is expected to account for a key share of the market in the coming years owing to precise positioning, less dripping losses, and effective coverage by it. Inquiry- https://growthmarketreports.com/enquiry-before-buying/1798 Competitive Landscape Key players competing in the US biopesticides market include Bayer AG, Certis USA LLC, Marrone Bio Innovations, and Valent BioSciences. These firms' main tactics include mergers, acquisitions, new product launches, and expansions. The large-scale mergers and acquisitions that are taking place amongst businesses to produce biopesticides suggest that the focus on bio-based products is quickly growing. The market's participants are substantially spending in this industry to diversify their biological research divisions in an ever-expanding market. About Growth Market Reports: GMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys. Contact:

  3. Growth Market Reports Phone: +1 909 414 1393 Email: sales@growthmarketreports.com Web: https://growthmarketreports.com Follow Us: LinkedIn | Twitter

More Related