Europe Biopesticides Market, By Type (Bioinsecticides, Biofungicides, Bionematicides, Bioherbicides, Others), Source (Microbial, Biochemical, Insect), Form (Dry, Liquid), Application (Foliar Application, Seed Treatment, Soil Treatment, Fertigation, Others), Category (Agriculture, Horticulture), Crops (Fruits & Vegetables, Cereal & Grains, Oilseed & Pulses, Turf & Ornamental, Other Crops), Country (Germany, France, Spain, Turkey, U.K., Netherlands, Russia, Switzerland, Belgium, Luxemburg, Italy, and Rest of Europe) Industry Trends and Forecast to 2028.
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Market Analysis and Insights: Europe Biopesticides Market
The Europe biopesticides market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 13.5% in the forecast period of 2021 to 2028 and expected to reach USD 3,135.64 million by 2028. Innovating organic ways of production of biopesticides and increasing awareness of residue free food are driving the growth of this market.
Biopesticides are type of pesticides which are derived from natural materials such as plants, animals, bacteria and certain minerals. For instance, canola oil and baking soda have pesticidal applications and they are considered as a biopesticides.
There are three major categories of the biopesticides, namely, biochemical pesticides, microbial pesticides and plant-incorporated-protectants (PIPs). These biopesticides are usually less toxic than chemical pesticides and affect only the target pest and closely related organisms. They are more effective and accurate in terms of the activity as compared to the conventional pesticides. There are various benefits associated with the use of biopesticides such as they are less toxic to environment and humans. Also, they do not leave harmful residues and affect only the target pests.
The increasing demand for agricultural products that reduce environmental damage and decompose easily will propel the growth of the global biopesticides market among the farmers. Also, the increase in awareness regarding the availability of environmentally friendly bioinsecticides which offer high specificity against insects will boost the growth of the market. The growing demand for natural and environmentally friendly bioinsecticides among farmers is encouraging manufacturers to launch new products in the market worldwide.
However, the stringent regulations and high prices on and of bio pesticides are factors that restrain the Europe biopesticides market growth.
This Europe biopesticides market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
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Europe Biopesticides Market Scope and Market Size
Europe biopesticides market is segmented into six notable segments which are based on type, source, form, application, category and crops. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the biopesticides market is segmented into bioinsecticides, biofungisides, bionematicides, bioherbicides and others. In 2021, bioinsecticides segment is expected to dominate in the market owing to the increasing demand for natural and environmentally friendly pesticides which also have a wide range of pathogenic action.
- .On the basis of source, the biopesticides market is segmented into microbials, biochemical and insects. The microbials segment is further divided into bacteria, fungi and virusIn 2021, microbials segment is expected to dominate in the market due to rising concern for human health and the environment among farmers and increasing demand for biologically based pesticides to reduce the pollution.
- On the basis of form, the biopesticides market is segmented into dry and liquid. In 2021, liquid segment is expected to dominate in the market as biopesticides can be used to protect crops from a wide range of plant pathogens in various cultivated environments such as fields, nurseries and protected cultivation systems.
- On the basis of application, the biopesticides market is segmented into foliar application, fertigation, soil treatment, seed treatment and other. In 2021, foliar application segment is expected to dominate in the market as it requires less soil interaction. Moreover, foliar application is the preferred method of application as it avoids potential tie up of nutrients.
- On the basis of category, the biopesticides market is segmented into agriculture and horticulture. In 2021, agriculture segment is expected to dominate in the market as the farmers are shifting the focus towards the organic type of farming by avoiding synthetic chemical usage in the farming practices.
- On the basis of crops, the biopesticides market is segmented into fruits & vegetables, cereals & grains, oilseeds & pulses, turf & ornamentals and other crops. In 2021, fruits & vegetables segment is expected to dominate in the market due to rising demand of these products among health-conscious consumers. Moreover, the market is further expected to grow due to the rise in vegan consumers.
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Europe Biopesticides Market Country Level Analysis
Europe biopesticides market is analysed and market size information is provided by country, type, source, form, application, category and crops as referenced above.
The countries covered in the Europe biopesticides market report is Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg and rest of Europe.
- In Europe, Germany is expected to dominate the biopesticides market due to increase in the growing pest resistance and resurgance of crops, which leads to the adoption of sustainable solutions such as biopesticides in the region.
- In Germany, the source segment is dominating due to the reduced environmental damage. Whereas, in France, the source segment is dominating due to the necessity for the targeted action associated with the lower risk for growers. In the U.K., the source segment is dominating because of increasing awareness for the effective decomposition of biopesticides.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Rising Demand of Biopesticides in Agriculture Industry
Europe biopesticides market also provides you with detailed market analysis for every country growth in industry with sales, components sales, impact of technological development in biopesticides and changes in regulatory scenarios with their support for the biopesticides market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Europe Biopesticides Market Share Analysis
Europe biopesticides market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, India presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Europe biopesticides market.
Some of the major players operating in the biopesticides market are Syngenta Crop Protection AG, Bionema, Vegalab SA, STK bio-ag technologies, Andermatt Biocontrol AG, Koppert Biological Systems, Corteva, Bayer AG, Biobest Group NV, Certis USA L.L.C., Valent BioSciences LLC, Novozymes, BASF SE, IPL Biologicals Limited, Terramera Inc., Khandelwal Bio Fertilizer, Isagro, Gowan Company, Parry America, Inc., Barrix Agro Sciences Pvt Ltd, BioWorks Inc., Marrone Bio Innovations, FMC Corporation, UPL, Nufarm, Bioline AgriSciences ltd, Biofa GmbH, BioConsortia, Inc., McLaughlin Gormley King Company, and W. Neudorff GmbH KG among others.
Many expansions are also initiated by the companies which are also accelerating the growth of Europe biopesticides market.
For instance,
- In March 2021, According to Meister Media Worldwide, Boatnical Solution Inc., and Syngenta has launched a biofungicide product in Mexico named BotriStop, which helps in controlling Botrytis cinerea.
- In March 2019, According to Chongqing Stanley Info-tech Co., Ltd, Syngenta has launched a Bacillus thuringiensis based bioinsecticide named Costar in Portugal.
Partnership, new product development and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for biopesticides.
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