What is Bio-Insecticides?
Bioinsecticides include naturally occurring substances that control pests (biochemical pesticides), microorganisms that control pests (microbial pesticides), and pesticidal substances produced by plants containing added genetic material (plant-incorporated protectants) or PIPs. In order to fulfill the food demand of a growing population, higher and advanced productive agricultural materials are required. Over the last several decades, there have been tremendous efforts to improve agricultural yields through the extensive application of chemicals that have long-lasting and profound effects on the environment and human being. Types of pesticides such as insecticides, herbicides, fungicides, and organophosphates represent large classes of pesticides used mainly in agricultural practices. Bio-pesticides have attracted attention in pest management in recent decades, and have long been promoted as prospective alternatives to synthetic pesticides. France is the largest pesticide consumer in Europe, followed by Germany. Other major pesticide consumers in Europe include Italy, Spain, and the UK. Fungicides/Bactericides are the most used pesticides in France.
The market study is broken down by Type (Microbial Pesticides, Macrobial Pesticides and Others), by Application (Foliar Spray, Soil Treatment, Post-Harvest, Seed Treatment and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA Research estimates that Vendors from United States will contribute to the maximum growth of Global Bio-Insecticides market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
BASF SE (Germany), Bayer Cropscience AG (Germany), Corteva Agriscience (United States), Isagro Spa (Italy), Koppert Biological Systems (Netherlands), Marrone Bio innovations (United States), Novozymes AS (Denmark), Valent Biosciences Corporation (United States), Andermatt Biocontrol (Switzerland), Camson Bio Technologies Ltd (India), The Dow Chemical Company (United States) and American Vanguard Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Syngenta AG (Switzerland), Nufarm (Australia) and Philagro (South Africa).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Bio-Insecticides market by Type, Application and Region.
On the basis of geography, the market of Bio-Insecticides has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organism Type, the sub-segment i.e. Bacillus Thuringiensis will boost the Bio-Insecticides market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Formulation, the sub-segment i.e. Dry will boost the Bio-Insecticides market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Crop Type, the sub-segment i.e. Cereals & Grains will boost the Bio-Insecticides market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source of Bio-Insecticide, the sub-segment i.e. Plants will boost the Bio-Insecticides market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Before a pesticide can be marketed and used in the United States, the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) require that EPA evaluate the proposed pesticide to assure that its use will not pose unreasonable risks of harm to human health and the environment.
Market Trend
- Growing demand for food products
- Awareness about Health and Fitness
Market Drivers
- Growing Demand for Crop Protection
- High Demand due to Increasing Diseases
- Adoption of Innovative Farming Practices
Opportunities
- Robust Growth of Insecticide which Assists in Maintaining Crop Yield
- Growing Agriculture will help to raise the Economy in Emerging Nations
Restraints
- Growing Concern Regarding Allergies to Human
Challenges
- Stringent Government Regulation Associated With Insecticides
Key Target Audience
Insecticide Manufactures, Suppliers and Distributors, Government Regulatory Bodies, Private Research Organizations, Government Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.