Press Release: April 22, 2020
Globally, the biopesticides usage is witnessing a robust growth as biopesticides are replacing some synthetic chemical pesticides. The market is primarily driven by the introduction and usage of microbial seed treatment in field crop, favorable government policies and regulations, rising demand for organic products, and surging adoption of organic farming practices globally.
Based on type, the biopesticides market is segmented into bioinsecticides, biofungicides, bioherbicides & bionematicides and Others
In 2016, the bioinsecticides market is estimated to capture the highest market share due to the growing demand for organic food products and increased focus towards the prevention of insect-borne diseases. The increased usage of insecticides especially in the fruits and vegetables market segment will further drive the market.
Request for Sample Report - https://www.gmiresearch.com/report/global-biopesticides-market/sample-request
North America dominates the biopesticides market followed by Europe, Asia-Pacific, and the rest of the world. North America holds the largest market share in the global biopesticides market during the forecast period. The supportive government policies and regulations, increased awareness of biopesticide applications, and rise in the prices of chemical pesticides are the key factors propelling the growth of biopestcides in the North American region.
United States is North America’s major economy with the highest spending on organic agriculture. Apart from this, the Asia-Pacific region is projected to grow at the highest rate during the forecast period owing to the significant investments from key players in the region. Also, the research and development activities for producing technologically advanced products will play a major role in shaping the biopesticides market.
Request for Customization – https://www.gmiresearch.com/report/global-biopesticides-market/request-for-customization
For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/global-biopesticides-market/
About GMI Research
GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition. GMI Research’s leadership team with extensive experience in research and consulting together with our research and domain expertise creates a strong value proposition to create solutions that addresses our client’s business problems and add significant value to long lasting relationship.
The company provides syndicated research report, customized research, sales enablement research, data analytics and KPO (knowledge process outsourcing) service for Electronics & Semiconductors, Information Communication and Technology, Energy & Power, Healthcare, Automotive, Transportation & Logistics and Chemical industries. Our analysts and consultants who are passionate about research and consulting are recruited from renowned local and global universities and have worked with the leading local and international organizations.
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Phone: 353 1 442 8820
Address:Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate