Biological Crop Protection Sector to Register 11.33% CAGR to 2021, Projects Azoth Analytics in Its New Report Available at MarketPublishers.com15 Dec 2016 • by Natalie Aster
LONDON – Worldwide, the biological crop protection marketplace is projected to show healthy growth, registering an 11.33% CAGR to 2021. The strong growth in the market is fuelled by the rising demand for organic, less toxic food with new emerging markets in developing economies. An upsurge in farm productivity along with an increase in demand for chemical-free plant protection solutions act as the leading factors impacting the growth of the biological crop protection marketplace.
The biofungicides segment holds the largest share of the overall market and is poised to exhibit a more rapid growth in the offing. Geography-wise, North America dominates the market chiefly owing to expanding regulations. The USA accounted for the lion’s share of the region’s market in 2015. A high degree of market penetration by the top biopesticide market players and an increased need for nutrients to boost agricultural output and growth, and also the climate change are the key factors impacting the growth of North America’s biopesticides market.
Meanwhile, the Asia-Pacific market is likely to register the fastest growth in the foreseeable future.
Bayer CropScience AG, BASF SE, Certis USA LLC, The Dow Chemical Company, Bioworks, and W. Neudorff GmbH Kg, among others, are the most prominent players in the marketspace.
New research report “Global Biological Crop Protection (Bio-Pesticide) Market” created by Azoth Analytics is devoted to examining the market, segmenting it based on type, mode of application and end user. A detailed geographic market analysis is available.
The study gives detailed overview of the products; and gives an analysis of the market size, providing historical growth rates and forecasts by value. The report provides estimates of the size of various individual submarkets as well as of the key regional and country markets. The report sheds light on the industry trends and developments, market drivers and challenges. It includes Porter’s five forces analysis and a detailed SWOT analysis of the market. Policy and regulatory landscape is thoroughly described. The report also examines the top 10 companies operating in the industry, and scrutinises the overall competitive landscape alongside providing product benchmarking. Furthermore, the important strategic recommendations are also ah hand in the study.
To find more insightful reports by Azoth Analytics, please visit this page at MarketPublishers.com.