Biopesticides Market Analysis, Industry Size, Strategies and Forecast 2017-2025:Posted by Robson Tolson on June 26th, 2017 According to the latest report published by Credence Research, Inc. “Biopesticides Market - Growth, Future Prospects and Competitive Analysis, 2017-2025,” the global biopesticides market was valued at US$ 3.47 Bn in 2016, and is expected to reach US$ 12.23 Bn by 2025, expanding at a CAGR of 14.8% from 2017 to 2025. Market Insights The use of biopesticides began in the late 1800s with the adoption of fungal spores, the first documented use of biopesticides. Since then, biopesticides have been uninterruptedly used in modern agriculture, yet the market share of biopesticides is very frugal when compared to conventional crop protection. Browse the full report Biopesticides Market - Growth, Future Prospects and Competitive Analysis, 2017–2025 report at http://www.credenceresearch.com/report/biopesticides-market Some of the prime attributes that determine the demand for biopesticides are movements in agriculture and crop protection regulations and recognition of novel modes of action of biopesticides. Other critical factor that has determined the emergence of biopesticides in global agriculture is the growing development of resistant pests. In the light of such factors, it is expected that the growth of biopesticides will continue to be impressive through the forecast period. The recent ban on neonicotinoid pesticides in Europe has been a prominent example of the changes in agriculture and environment regulations. Post the ban, farmers and cultivators have either adopted biological alternatives such as biopesticides or have moved back to the conventional and more toxic chemicals such as pyrethroids. Further introduction of newer regulations that affect the use of crop protection chemistries is more likely to contribute to the growth in share of biopesticides. Large agriculture and crop protection companies have been gradually moving into biochemical space through mergers, partnerships and R&D efforts. It is anticipated that agribusinesses will enter the biopesticides business with an intention to augment their profitability. ToC: Chapter 1. Preface Chapter 2. Executive Summary Chapter 3. Biopesticides: Market Dynamics and Outlook Chapter 4. Global Biopesticides Market, by Products, 2015 – 2025 (US$ Mn) Request Sample: http://www.credenceresearch.com/sample-request/58410 About: Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task. Media Contact Name: Chris Smith Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US E-mail: sales@credenceresearch.com Ph: 1-800-361-8290 Like it? Share it! More by this author |