Key players in the Global Agriculture Biopesticides in Arable crops Market are AgBiTech Pty Ltd., AgraQuest Inc., Andermatt Biocontrol AG, SOM Phytopharma (India) Limited and others.
(PRWEB) January 09, 2015
The biopesticides market for arable crops is estimated to grow from $685.38 million in 2013 to $1,602.25 million by 2018.
Browse through the TOC of Global Agriculture Biopesticides in Arable crops Market for an analysis of industry trends, segments & forecasts.
Biopesticides help in effective controlling of agricultural pests, and unlike other types of toxic pesticides, are beneficial to the ecological chain and environment. Several types of biopesticides, such as bioinsecticide, bioherbicide, and biofungicide are used for different applications, like seed treatment on farm application and others. Biopesticides for arable crops indicate use of biopesticides on field crops, such as cereals, oilseeds, vegetables, and flower crops. The use of biopesticides in field crops is a slightly unexplored sector, except for its application on vegetables and other salad crops. However, with the rising commodity prices for corn, cotton, and other vegetable and flower crops, growers are now taking interest in investing in biopesticides for arable crops, thus fuelling growth in the biopesticides for arable crops market.
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The usage of biopesticides for cereals, such as barley, corn, rice, and wheat and grains crop, including sorghum, bajra, and ragi is also expected to increase, due to the growing consumer awareness towards organic benefits. Furthermore, governments in various countries are now encouraging the use of biopesticides, due to their low toxicity, and high efficiency in pest control. These factors are consequently leading to growth in the global biopesticides market for arable crops.
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The North American biopesticides market for arable crops held the major share of 40.5 % in 2013. The global biopesticides market for arable crops is expected to grow at a CAGR Of 15.3%. The market in Europe was the fastest-growing market for biopesticides for arable crop, and is projected to grow at a CAGR of 16.1% during the forecast period.
This market is segmented and forecast on the basis of regions, such as North America, Europe, Asia-pacific, Latin America, and RoW.
Biopesticides in Europe can be segmented by Sources, Formulations, Applications, Endusers, Companies and MacroIndicators. Its Sources are Microbials, Biorationals and Others. Its Formulations are Liquid based formulation, Pellets, Water Dispersible Granules, Wettable Powder and Others. Its Applications are Permanant crops, Arable crops and Rest (Crops). Its Endusers are On Farm, Post Harvest and Seed Treatment.
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