Market Overview
Biopesticides include naturally occurring substances that control pests, microorganisms that control pests, and pesticidal substances produced by plants containing added genetic material. Biopesticides products usually fight their intended pests while chemicals end up affecting non-target species, which include other insects, birds, and mammals. Moreover, biopesticides are usually inherently less toxic than conventional pesticides, which is driving the growth of the market. The most common types of biopesticides include bioherbicide, bioinsecticide, bio fungicide, and others.
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Market Forecast
Biopesticides generally affect only the target pest and closely related organisms, which is a driving factor for the growth of biopesticides market. Increasing population and growing demand for food have led to high agricultural productivity, which is driving the growth of the biopesticides market. Moreover, limited availability of cultivable land is boosting the demand for biopesticides to increase farm productivity.
Growing acceptance of modern farming techniques is adding fuel to the growth of biopesticides market. To improve the efficiency of biopesticides, major players are investing in research and development, which is further adding fuel to the growth of the global biopesticides market. However, high cost and low availability of biopesticides may hamper the growth of the market over the review period. Nevertheless, all these factors are projected to contribute to the estimated CAGR of 15.9% of biopesticides market during the forecast period 2017-2023.
Downstream analysis
Biopesticides market is segmented on the basis of a type such as bioherbicide, bioinsecticide, bio fungicide, and others. Among all, bioinsecticide is expected to grow at the fastest rate based on its convenience to use and easy application.
Based on the form, biopesticides market is segmented into dry, liquid and others. The liquid formulation is gaining popularity as compared to other forms.
On the basis of the application, biopesticides market is segmented into foliar spray, seed treatment, soil treatment, and others. Foliar-applied biopesticides are expected to grow substantially over the forecast period. However, soil treatment is projected to gain a moderate growth over the estimated period.
Based on the crop, the biopesticides market is segmented into cereals & grains, fruits & vegetables, oilseeds, and others. Among all, cereals & grains are dominating the market. However, fruits and vegetables are expected to witness a substantial growth over the forecast period.
Competitive analysis
The major players in the Biopesticides market size
- Bayer Crop Science AG (Germany)
- DuPont (U.S.)
- BASF SE (Germany)
- Monsanto Company (U.S.)
- Syngenta (Switzerland)
- Novozymes Biologicals (Denmark)
- Certis USA LLC (U.S.)
Regional Analysis
The global biopesticides market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America is leading the biopesticides market. Growing demand for organic products in the U.S. and product innovations by the key players in this region is majorly driving the growth of the biopesticides in this region.
Europe is expected to be the second largest biopesticides market. Germany and the U.K are the major contributors to the growth of this region. The Asia Pacific is the fastest growing region in the market. Growing awareness in developing countries is boosting the growth of biopesticides in this region. India, China, and Australia are the major contributors to the growth of the region. South America is likely to experience a moderate growth in the rest of the world market.
Market Segmentation
Biopesticides market is segmented on the basis of type, form, application, crop, and region.
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Turmeric Spices Market Global Industry report provides the latest market statistics, industry growth, size, share, trends, as well as driving factors.
The detailed overview of the market segments, product description, Turmeric Spices applications is presented in this report.
Hansen Holding A/S, Sabinsa., Synthite Industries Ltd., Everest Spices, ITC Limited, KANCOR, Roha Dyechem Private Limited, Kalsec Inc., Frutarom Health, Vigon International, Inc., Sudarshan Agro Foods, MDH Spices, SHAH RATANSHI KHIMJI & CO., Shimlahills., Nugen Feeds & Foods., AGRIM PTE LTD. Turmeric spices market is expected to grow at a growth rate of 6.00% in the forecast period 2020 to 2027.
This study also analyzes the market status, future trends, revenue generation, market share, growth rate, opportunities and challenges, sales volume, market drivers, market restraints, risks, and entry barriers.
Some of the geographies included in this study:North America (Canada, The United States, and rest of North America)Europe (France, Germany, and Rest of Europe)Asia-Pacific (India, Japan, China, and the rest of Asia-Pacific)LAMEA (Brazil, Turkey, and the rest of LAMEA) Turmeric Spices Market Report presents the conceptual study and strategic analysis on Turmeric Spices Industry which provides market scope, applications, a topographical presence that drive the Turmeric Spices market.
The Turmeric Spices Market report facilitates businesses to successfully make decisions about business strategies to achieve maximum return on investment (ROI).
Transparency Market Research (TMR) delivers key insights on the global aquaculture market in its upcoming outlook titled, “Aquaculture Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019-2027”.
In terms of value, the global aquaculture market is projected to register a healthy CAGR of 2.3% during the forecast period due to various factors, regarding which TMR offers vital insights in detail.The farming and harvesting of aquatic species in aquaculture influence the growth and quality of the overall species.
Hence, this one critical factor helps in driving the demand for aquaculture market.Request a Sample –https://www.transparencymarketresearch.com/sample/sample.php?flag=S_id=773Owing to the surging demand for aquaculture products, major farmers and harvesters are looking out for solutions, technology and have been looking out for ways on improving their production capacity in order to meet the increasing demand for various types of fish, shellfish, and aquatic plants.
As a result, several farmers and harvesters have been using better nutrition and feeding technologies for the better growth of species.The product type segmentation form a significant raise in the fish prices per year, and are being expected to grow at a significant rate over the forecast period.
The market is also acting as an employment generator across the world.
Due to these results, several key organizations and government of the particular region together have been taking necessary steps such as adopting latest technologies, improving rural aquaculture market and solutions to improve the quantity as well as the quality of the species, products and related food.
