The 2010 Worldwide Biopesticides Market Summary (Volume 1 of a 6 Volume Series)CPL Business ConsultantsJune 5, 2010 SKU: BGEQ2703518 |
| Countries covered: Global Following a review of the world market, we estimate that sales of microbial biopesticides (those based on bacteria, viruses, fungi, protozoa and nematodes as active ingredient) was worth $396 million at end-user level in 2007/8. This represents a 47% increase on an estimate made following a similar review for 2004/5; an annual growth rate of just over 13% per annum. These figures indicate that microbial biopesticide sales remain at just 0.98% of the total global pesticide market, up from 0.87% in 2004/5. With the use of other data available to us, the biopesticide market generally (including botanicals, semiochemicals and macro-organisms) was worth approximately $1b in 2007/8; approximately 2.5% of the $40.5b pesticide market (agrochemical sales estimate for 2008). |
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