Albany, NY -- (SBWIRE) -- 02/14/2019 -- Global Biopesticides Market: Overview: Biopesticides are the fertilizers that are derived from natural sources including plants, animals and minerals. Biopesticides are naturally occurring and are non-toxic compounds. Biopesticides can also synthetically derived with similar functional identities. North America dominated the biopesticides market both in terms of volume and value. It is likely to remain the dominant market during the forecast period. However, Asia Pacific biopesticides market is likely to exhibit significant CAGR compare to other regions.
Rising organic food demand followed by increasing research & development activities of major pesticides companies towards the biopesticides are the major factors which is anticipated to drive the biopesticides market during the forecast period. The use of biopesticides was widely witnessed in cereals & grains and Fruits & Vegetables in most of the regions. Bio herbicides and Biofungicides are the major product type which is used as plant and crop treatment solutions.
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Global Biopesticides Market: Key Research Aspects
This report analyzes and forecasts the market for biopesticides market at the global and regional level. The market has been forecast based on volume (in Kilo tons) and revenue (US$ Mn) from 2015 to 2025, considering 2015 and 2016 as the base year. The study includes drivers and restraints of the global biopesticides market. It also covers impact of these drivers and restraints on demand for biopesticides market during the forecast period. The report also highlights opportunities in the biopesticides market at the global and regional level.
The report includes detailed value chain analysis, which provides a comprehensive view of the global biopesticides market. Porter's Five Forces model for the biopesticides market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, where in products, and application are benchmarked based on their market size, growth rate, and general attractiveness.
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The report provides the actual market size of biopesticides for 2015 and 2016 and estimated market size for 2017 with forecast for the next eight years. The global market of biopesticides has been provided in terms volume and revenue. Market volume has been defined in Kilo tons and revenue in US$ Mn. Market numbers have been estimated based on product, and application of biopesticides. Market volume and size have been provided in terms of global, regional and country level markets.
Global Biopesticides Market: Research Methodologies
In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represented the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players' product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, magazines and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants' insights, and recognizing business opportunities.