Indian Biopesticides Market Analysed in In-demand Ken Research Private Report Published at MarketPublishers.com22 Jan 2016 • by Natalie Aster
LONDON – India’s biopesticides industry has been gathering speed in the recent past, largely driven by sales of pseudomonas fluorescens, trichoderma viride and bacillus thuringinsis. Technological advances and introduction of novel formulations are also stimulating the market growth. With the entry of novel players into the industry and uptake of better biopesticide formulations, the revenues increased in 2015 as against 2014. Each of the industry segments is subject to a host of various factors like their prices and the quantity sold that play an essential part in determining their pertinent revenues. The country’s biopesticides industry has surged at a 20.2% a CAGR from 2010 to 2015.
The demand in the domestic biopesticides market is led by different unorganised players owing to the expensive process of registration. Nevertheless, the market is also characterised by the presence of several large, organized players such as International Panaacea Limited and Pest Control India. Pest Control India’s market revenues have increased considerably, making it the biggest player in the country’s biopesticides market. International Panaacea Limited was the 2nd largest industry player as of 2015.
The major portion of demand for biopesticides came from pulses, cereals and oilseeds in 2015 as India is the world’s largest consumer of pulses and the 2nd biggest producer of cereals. Vegetables accounted for the 2nd largest share in the overall national market revenues.
In-demand report “India Biopesticides Market Outlook to 2020 - Trichoderma and Bacillus Thuringiensis (BT) biopesticides to Lead the Future Growth” prepared by Ken Research Private Ltd provides a comprehensive analysis of the Indian biopesticides sector.
The study presents an analysis of the market size of biopesticides, bioinsecticides and biofungicides; provides biopesticides market segmentation based on origin, organisational structure, crops, target pests and by geography; market segmentation of the bioinsecticides and biofungicides market by type and target pests. The report extensively examines the growth drivers, growth hindrances and government regulations with respect to the biopesticides market; macroeconomic factors which are directly influencing the market; competitive landscape and detailed company profiles of the major manufacturers of biopesticides. A brief review of the bio herbicides market and liquid biopesticides market in India is available, too. The report gives the projections of India’s biopesticides market in terms of revenue.
India Biopesticides Market Outlook to 2020 - Trichoderma and Bacillus Thuringiensis (BT) biopesticides to Lead the Future Growth
Published: August, 2015
Price: US$ 1,000.00
More studies by the publisher can be found at Ken Research Private page.