Biopesticide Market Is Anticipated To Grow At A Cagr Of 15% During 2019 To 2024

By Author: Lucintel LLC
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The global biopesticide market is projected to grow at a CAGR of 15% during 2019 to 2024. The growth of biopesticide market is driven by increasing demand for organic food, lower cost of raw material, and faster regulatory approval.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising potential, high-growth opportunities for the global biopesticide market by mode of application (seed treatment, soil treatment, foliar spray, and post-harvest), product type (biofungicides, bioinsecticides, bioherbicides, bionematicides, and others), ingredient type (microbes, biochemicals, and beneficial insects), crop (cereals & grains, oilseeds & pulses, fruits & vegetables, and other crops), formulation (liquid and dry), and region (North America, Europe, Asia Pacific, and RoW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the biopesticide market?
Q.4 What are some changing demands of customers in the biopesticide market?
Q.5 What are the new developments in the biopesticide market? Which ...
... companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this biopesticide area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this biopesticide market?

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Market Segmentation:
Based on product type, the biopesticide market is segmented into biofungicides, bioinsecticides, bioherbicides, bionematicides, and others. The bioinsecticides segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period.
North America is expected to remain the largest market over the forecast period due to increasing consumer preference for organic products and growing consumer awareness of the ill effects of synthetic pesticides on human health.
Key Players in the biopesticide market are Bayer CropScience, DowDupont, BASF, Syngenta, Marrone Bio Innovations, Isagro, Rolfes Agri, Novozymes, Valent BioSciences, Certis, Koppert, Bioworks, Stockton Group, FMC Corporation, and UPL.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
To read more about this market please click on https://www.lucintel.com/biopesticide-market.aspx
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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