Global Biopesticides Market is estimated to reach $4 billion by 2024; growing at a CAGR of 8.8% between 2016 and 2024. Biopesticides are a type of pesticide, which contain active ingredient,
Global Biopesticides MarketReport, published by Variant Market Research, forecast that the global marketwas valued at$2 billion in 2016 and estimated to reach $4 billion by 2024; growing at a CAGR of 8.8% from 2016 to 2024.In geographical segments, Asia Pacific and rest of the world (RoW) anticipated to grow at a CAGR of 9.7% and 8.9%, respectively, over the forecast period 2016 – 2024.
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Global biopesticides market is majorly driven by rising developments in biotechnology & biopesticide technology, growing awareness among end-users, increasing research & development for superior farming solutions, and continuous alertness and support to organic farming from government organizations & different NGOs
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Global biopesticides market has been bifurcated as product type, crop type, active ingredient type, application and geography. Product type segment includes bionematics, bioinsecticides, biofungicide, and bioherbicide. Crop type is bifurcated as permanent crops, arable crops and others. Active ingredient type segment includes plant-based pesticides,
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Scope of Biopesticides Market
Product Type Segments
Biofungicide Bionematics Bioinsecticides Bioherbicide
Active Ingredient Type Segments
Biochemical Pesticides Microbial Pesticides Plant-Based Pesticides
Crop Type Segments
Arable Crops Permanent Crops Others
Application Segments
On-Farm Application Post-Harvest Seed Treatment Application
Geographical Segments
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Global Biopesticides Market is estimated to reach $4 billion by 2024; growing at a CAGR of 8.8% between 2016 and 2024. Biopesticides are a type of pesticide, which contain active ingredient,
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Sep 18, 2017