MarketsandMarkets: Global Biopesticides Market Worth $3.2 Billion by 2017

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• Publié par: marketsandmarkets
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• Langue: English

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MarketsandMarkets: Global Biopesticides

Market Worth $3.2 Billion by 2017

PR Newswire

DALLAS, June 15, 2012

DALLAS

,

June 15, 2012

/PRNewswire/ --

The report

"Global Biopesticides Market - Trends & Forecasts

(2012 - 2017)"

published by MarketsandMarkets

(http://www.marketsandmarkets.com), defines and segments the global

biopesticides market with analysis and forecasting of the global revenue for

biopesticides. It also identifies driving and restraining factors for the global

biopesticide market with analysis of trends, opportunities, burning issues,

winning imperatives, and challenges. The market is segmented and revenues

are forecasted on the basis of major regions such as

North America

,

Europe

,

Asia-Pacific

,

Latin America

, and Rest of the World (ROW). The key countries are

covered and forecasted for each region. Further, market is segmented and

revenues are forecasted on the basis of applications.

Browse more than 180 market data tables/figures spread through 363

pages and in-depth TOC on "Global Biopesticides Market -Trends &

Forecasts (2012 -2017)".

http://www.marketsandmarkets.com/Market-Reports/biopesticides-267.html

Early buyers will receive 10% customization on reports.

Biopesticides are widely used for controlling insects and disease causing

pathogens. Bioinsecticides, biofungicides, and bionematicides are rapidly

growing markets segments and are expected to boost the demand for

biopesticides in near future. Increasing demand for residue free crop protection

products, which have lesser or no negative impact on environment and better

safety features are key drivers of the biopesticide market.

Growth in organic food market and easy registration than chemicals pesticides

are another driving factors for global biopesticides market, since organic

industry is dependent upon the chemical free crop protection products to

safeguard crops. Factors such as toxicity of crop protection products,

environment friendliness, innovative production practices, new product

offerings, increased availability, and advent of new pests are increasing the

market for biopesticide industry, globally.

The global

biopesticides market

was valued at

$1.3 billion

in 2011 and is

expected to reach

$3.2 billion

by 2017, growing at a CAGR of 15.8% from 2012

to 2017.

North America

dominated the global biopesticide market, accounting

for around 40% of the global biopesticide demand in 2011.

Europe

is expected

to be the fastest growing market in the near future owing to the stringent

regulation for pesticides and increasing demand from organic products.

About MarketsandMarkets

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[

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