TechNavio recognizes the following companies as the key players in the Global Biopesticides market: Bayer CropScience, Becker Underwood Inc., Novozymes BioAg Ltd., and Valent BioSciences Co.
Commenting on the report, an analyst from TechNavio’s team said: “One of the main trends witnessed in the Global Biopesticides market is the increasing grower-consultant collaboration. For the effective use of biopesticide on crops, the user needs to have an understanding of the procedure for correct and safe application. A lack of such knowledge has deterred farmers from adopting biopesticides. Use of chemical pesticides, on the other hand, is perceived as reliable and convenient. As a solution to this problem, several agrochemical companies, which produce biopesticides, have introduced field training programs for farmers and are encouraging consultant-farmer interactions. In addition, governments of many countries are increasingly conducting farmer training and counseling through biopesticide specialists.”
According to the report, one of the main factors driving the market is the lower R&D costs and availability of new products at competitive prices. The R&D costs for biopesticides is relatively much lesser than that of chemical pesticides. This has led to a host of new biopesticide products being introduced in the market.
Further, the report states that one of the main challenges is the barriers to biopesticide commercialization. Many countries such as the US and the UK encourage biopesticide registration, but the registration process in most countries acts as a barrier to commercialization for companies.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are AgBiTech Pty Ltd., AgraQuest, Andermatt Biocontrol AG, Arysta LifeSciences, BASF, Certis USA, Dow AgroSciences, EID Parry Ltd., FMC, Hebei Veyong Bio-Chemical Co. Ltd., Isagro SpA, Koppert BV, Makhteshim Agan Industries, Marrone BioInnovations, Natural Industries Inc., Pasteuria Bioscience Inc., Plant Health Care, Prophyta GmbH, Russell IPM, Sumitomo Chemical, Syngenta Bioline, T.Stanes and Company Ltd., and W. Neudorff GmbH KG.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-biopesticides-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report – Global Biopesticides Market 2012-2016
