The Biopesticides Market in Europe is anticipated to propagate at a CAGR of 20.5% from 2015 to 2020. Spain led the Europe biopesticides market and the market in the country is expected to grow at a CAGR of 21.6% from 2015 to 2020, in terms of value. The European biopesticides market has been segmented based on type, mode of application, crop type, formulation, origin, and geography.
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The increasing global population has resulted in the need to minimize the losses in crop yield. This makes it important for growers to protect seeds and crops from pests and crop diseases. Pesticides have been used to protect crops from insects and other pests since ancient times. Although the exponential growth in technology has ensured that pesticides are constantly updated with respect to chemical composition and application methodologies, the extensive use of conventional pesticides causes harm to the environment as well as human health. With the increasing awareness of the ill effects of using chemical pesticides, farmers are now opting for biopesticides, which are a safer substitute for chemical pesticides. Biopesticides are efficient as well as eco-friendly, since they are less toxic and decompose quickly, thereby resulting in lesser residue.
Biopesticides in Europe can be classified with the help of the following pointers:
- Companies and MacroIndicators
Leading key players operational in the European Biopesticides Market:
- Bayer CropScience AG (Germany),
- Isagro S.p.A. (Italy),
- Monsanto Company (U.S.),
- Koppert B.V. (The Netherlands),
- The Dow Chemical Company (U.S.)
Bayer CropScience AG is one of the leading players in the European biopesticides market. The company focuses on innovating and developing new products to cater to the diverse needs of its customers.
The increasing awareness about the hazards of crop protection chemicals, rise in private investments and venture funding to support new product developments, and increase in government support to adopt organic crop protection products are projected to drive the growth of the biopesticides market in Europe. However, the presence of a large number of producers of chemical pesticides in the market and shorter shelf life of biopesticides as compared to conventional pesticides may restrain the growth of this market in the coming years.
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Reasons to Buy the Biopesticides Market Report:
From an insight perspective, Biopesticides Market research report has focused on various levels of analysis—industry analysis (industry trends and PEST analysis), and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the European Biopesticides Market, high-growth countries and their respective regulatory policies, government initiatives, drivers, restraints, and opportunities.
The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help them in garnering a greater market share. Firms purchasing the report could use any one or combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market share.
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The Biopesticides Market report provides insights on the following pointers:
- Market Penetration: Comprehensive information on biopesticides offered by the top 10 players in the Europe biopesticides market
- Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the European biopesticides market
- Market Development: Comprehensive information about lucrative emerging markets; the report analyzes the market in Europe across various countries
- Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the European biopesticides market
- Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading market players.
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