UK Biopesticides market- Growth, Trends, Forecast for the period (2017 - 2022)
Worldwide, the pesticides industry has been witnessing a relatively steady growth, which has been primarily attributed to advancements in the Biopesticides industry. The volume of Biopesticides consumed in United Kingdom is expected to maintain a CAGR of 15.16% between 2015 and 2020. In terms of value demand, the UKs demand for Biopesticides is likely to post a marginally faster corresponding CAGR of 15.56% and is projected to reach US$ 230.83 million by 2020.
A survey conducted in 571 arable and mixed farms in the UK in the recent past revealed that while good pesticide practices were adopted with quite reasonable levels in the region, adoption rates of more biologically based integrated pest management (IPM) tactics was low such as insect pheromones for pest monitoring and introducing arthropod predators for biological control. However, scenario has been undergoing a gradual change, with Biopesticides adoption increasing by the day, as exemplified by the faster growth rate compared to use of traditional pesticides.
The key drivers in the market are growing demand for food safety and quality, increasing consumer demand for organic products thus encouraging organic farming practices and governments promoting bio control products. The market however is mainly constrained by the growers low awareness on the use of bio control agents and availability of the products. Also low shelf life of products results in farmer's frequent application of Biopesticides thus resulting in increased costs.
Segmentation of this report includes futher segmentation of Biopesticides to include Bioherbicides, Bioinsecticides, biofungicides and other Biopesticides. Based on application the market gives a share of pesticides used on Crop based applications like grains & Cereals, Oilseeds, Fruits and vegetable and Non crop application on Turf & Ornamental grass. Some of the players profiled in this market are AGRAUXINE SA (France), Koppert Biological System, Bayer crop science, BASF Novozymes biological among others.
In this report we offer,
Market Definition for the specified topic along with identification of key drivers and restraints for the market. Market analysis for the United Kingdom Biopesticides market, with region specific assessments and competition analysis on a global and regional scale. Identification of factors instrumental in changing the market scenarios, rising opportunities and global consumer trends. Extensively researched competitive landscape section with profiles of major companies along with their share of markets. Identification and analysis of the Macro and Micro factors that affect the United Kingdom Biopesticides market on both global and regional scale. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
Why should you buy this report?
For getting a comprehensive overview of the United Kingdom Biopesticides market To gain wide ranging information about the major players in this industry and the strategies adopted by them. To gain an insight about the major countries/regions in which this industry is blooming and also identify the regions which are untapped.
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