The European bio pesticide is expected to grow at a CAGR of 15.02% and reach USD 1.64 billion in 2021 from USD 0.82 million in 2016

Hyderabad, India -- (SBWire) -- 03/13/2018 --The bio pesticides use both broad-spectrum approach and the selective approach to control diseases or pests. Bio pesticides are substances derived from natural materials like plants, micro-organisms and a few minerals. These are slowly yet successfully typical pesticides from the market thanks to their non-toxic quality and target specific behavior. They are also friendly to the environment.

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The European bio pesticide is predicted to grow at a CAGR of 15.02% and reach USD 1.64 billion in 2021 from USD 0.82 million in 2016.

Bio pesticides are rising as a profitable replacement for artificial pesticides in Europe because of increasing laws on chemical use and chemical residue limit. The prevalence of chemical or artificial pesticides in crop protection is foreseen to continue, however, human, animal and environmental health concerns are most likely to play a key role in driving the growth of the Europe bio pesticides market size.

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Many blessings of bio pesticides that boost the enlargement of world bio pesticides market throughout the forecast period of time are reduced environmental impact, quicker decomposition, targeted action and advantage of effective coverage in smaller amounts. The recognition of bio pesticides has grown significantly in recent years as in-depth analysis has enhanced their effectiveness.

Many European countries are adopting a rigorous approach when it involves imports, with a special target for controlling the chemical residues. The demand for regulated food safety and quality is increasing, which is an added reason for growers to adopt bio pesticides in their farming practices.

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Based on geography, Europe bio pesticides market is analyzed under various regions namely the U.K., Germany, France, Spain and Italy. The future chance for companies lies in the increasing registrations of bio pesticides in varied regional markets of Europe.

The leading companies in the Market include Andermatt Biocontrol Ag, Marrone Bio Innovations Inc, Parry America, Agbitech Pty Limited, Bioworks Inc., Becker Underwood Inc., Agraquest Inc., Camson Bio Technologies Limited and Hebei Veyong Bio-Chemical Co. Limited.

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