Bio Pesticides Market to Surpass $ 11 Billion by 2026
According to TechSci Research report, “Global
Bio Pesticides Market By Origin, By Formulation, By Type, By
Application, By Crop Type, By Region, Competition Forecast & Opportunities,
2012 - 2026,” the global bio pesticides market is
forecast to surpass $ 11 billion by 2026, on account of various benefits associated with bio pesticides such as environment
friendly and no pest resistance coupled with relatively lower price compared to
chemical pesticides. Additionally, rising concerns about food
security across the globe on account of increasing population and shrinking
arable land area is further augmenting demand for bio pesticides in developing
as well as developed economies.
Browse 5 Tables and 299 Figures
spread through 195 Pages and an in-depth TOC on "Global
Bio Pesticides Market"
https://www.techsciresearch.com/report/global-bio-pesticides-market-by-type-bio-insecticides-etc-by-crop-type-by-application-seed-treatment-etc-by-origin-beneficial-insects-etc-by-formulation-by-region-competition-forecast-and-opportunities/1221.html
On the
basis of type, global bio
pesticides market has been broadly segmented into Bio-insecticides, Bio-fungicides,
Bio-herbicides and Others. Among these categories, Bio-insecticides accounted
for the largest share in the global bio pesticides market in 2016, and the same
trend is expected to continue during forecast period as well, as bio-insecticides
are relatively economical as compared to other types of bio pesticides. North America is the largest
demand generating region for bio pesticides across the world, owing to
increasing preference towards organic food coupled with growing awareness about
the ill-effects of chemical fertilizers.
“Chemical fertilizers are adversely
affecting the crops as well as the environment. Additionally, people are opting
for organic food products due to various benefits associated with them. Moreover,
governments of many countries across the globe are taking measure directed
towards encouraging the farmers to switch to bio pesticides, as they are
environment friendly. All these factors are expected to significantly boost
demand for bio pesticides across the globe in the coming years,” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
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“Global
Bio Pesticides Market By Origin, By Formulation, By Type, By Application, By
Crop Type, By Region, Competition Forecast & Opportunities, 2012 - 2026,”
has evaluated the future growth potential of global bio pesticides market and
provides statistics and information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decision. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers, challenges
and opportunities in the global bio pesticides market.
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