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Biopesticides: The Global Market

Report Code: CHM029C

Publish Date: Feb 2010

Publisher: BCC Publishing

Category: Chemicals

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Report Highlights

  • The global pesticide market was valued at approximately $40 billion in 2008. This figure increased to nearly $43 billion in 2009 and is expected to grow at a compound annual growth rate (CAGR) of 3.6% to reach $51 billion in 2014.
  • Biopesticides represent a strong growth area in the global pesticide market. This segment is expected to grow at a 15.6% compound annual growth rate (CAGR) from $1.6 billion in 2009 to $3.3 billion in 2014.
  • Synthetic pesticides represent the greatest market share, valued at $41 billion in 2009. This market will be worth an estimated $48 billion in 2014, a compound annual growth rate (CAGR) of 3%.

INTRODUCTION  

REASONS FOR DOING THE STUDY
 
With the increased environmental awareness and the pollution potential and health hazards from many conventional pesticides, the demand for nature-based biopesticides has been rising steadily in all parts of the world.
 
The biopesticides offer several advantages:
  • Biopesticides are safer than conventional pesticides, which are often hazardous chemicals.
  • Biopesticides offer much more targeted activity to the desired pests, whereas conventional pesticides often affect a broad spectrum of pests as well as birds and mammalian species.
  • Biopesticides often are effective in very small quantities, thereby offering lower exposure. They decompose quickly, leaving virtually no harmful residue and allowing field re-entry almost immediately after application. 
  • Biopesticides can be used in rotation with conventional pesticides when used in Integrated Pest Management (IPM) programs. Such programs can offer high crop yields while dramatically reducing the use of conventional pesticides.
The popularity of biopesticides has increased substantially in recent years, as extensive and systematic research has enhanced their effectiveness. A number of research centers around the world are undertaking research aimed at improving techniques for the augmentation and application of biopesticides, with the objective of improving the commercial feasibility of producing and using biopesticides. 
 
Under these circumstances, there is need for current and comprehensive reports on biopesticides covering aspects of technology, demand trends, project opportunities, and investment levels.
 
This study examines the worldwide commercial applications of biopesticides and their markets and growth opportunities. This study also looks into the extent of market penetration of a number of biopesticides that have been recently introduced.
 
This study gives a clear, quantitative picture of the supply and demand scenario and highlights the technological and investment opportunities in the field.
 
STUDY GOALS AND OBJECTIVES
 
This report provides the reader with a detailed analysis of the global biopesticides industry. It also discusses technological developments, future trends, and emerging opportunities. This information will be useful for those involved in strategic planning, marketing, sales, and technological development. 
 
The major objectives of this study are as follows:
  • To assess the technology developments
  • To identify the driving factors for demand
  • To make available the most current and reliable information on the market size
  • To estimate the global supply and demand scenario broken down by applications and regions
  • To estimate the growth rate in demand
  • To estimate the projected global supply and demand scenario over the next 5 years and analyzing it via application sectors as well as product types
  • To identify the factors influencing this industry and make appropriate recommendations.

Report Scope

 
This technical market report organizes information from diverse sources into a cohesive unit that includes overview, industry structure, technology, and emerging technology/patents sections. Information on the synthetic pesticide market, the advent of genetically modified (GM) seeds, and the biopesticide market is explored. 
 
METHODOLOGIES AND INFORMATION SOURCES
 
The data for this report was gathered from primary and secondary sources. Sources include information obtained from industry analysts; manufacturers; trade journals; industry associations; the U.S. Patent and Trademark Office; company reports and press releases; product literature; and government documents. Where precise information was not available, a projection was made using reasonable assumptions and estimates based on historical data. All market data is based on manufacturers’ sales. 
 

Analyst Credentials

 
Peggy S. Lehr is the BCC Research analyst of this report. Ms. Lehr holds a BS in Journalism from the University of Colorado, Boulder, and a MS in Communication from the University of Denver. Ms. Lehr has worked within the publishing industry for both for-profit and not-for-profit organizations. Recent reports for BCC include Trends in Pediatric Care, Trends in Eldercare, The Global Catheter Market, and Sterilization Technologies, the U.S. Market.
 
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DISCLAIMER
 
The information developed in this report is intended to be as reliable as possible at the time of publication and of a professional nature. This information does not constitute managerial, legal, or accounting advice; nor should it serve as a corporate policy guide, laboratory manual, or an endorsement of any product, as much of the information is speculative in nature. The author assumes no responsibility for any loss or damage that might result from reliance on the reported information or its use.
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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
[+] Show Chapter Details
Title/Chapter NamePagesMember Price
Full Report: Biopesticides: The Global Market160Free
Chapter- 1: INTRODUCTION 3Free
Chapter- 2: SUMMARY 2Free
Chapter- 3: OVERVIEW 15Free
Chapter- 4: ORGANIC FARMING AND THE MARKET FOR PRODUCTS7Free
Chapter- 5: SYNTHETIC PESTICIDES10Free
Chapter- 6: GM CROPS15Free
Chapter- 7: TECHNOLOGY OVERVIEW 24Free
Chapter- 8: GLOBAL BIOPESTICIDES MARKET27Free
Chapter- 9: REGULATIONS8Free
Chapter- 10: PATENTS14Free
Chapter- 11: EMERGING TRENDS7Free
Chapter- 12: COMPANY DIRECTORY28Free
Published - Jan-2006| Analyst - Yatin Thakore| Code - CHM029B

Report Highlights

  • The synthetic pesticides market is expected to show a declining trend at the rate of 1.5% per annum. At the same time the biopesticide market is growing and expected to reach more than a billion dollars in the next five years.
  • Key developments expected in the coming years are more R&D in biopesticides, an increase in genetically modified crops, the application of integrated pest management concepts, and a widening of organic farming.
  • Biopesticides today represent about 2.5% of the overall pesticides market, and are expected to grow to about 4.2% by 2010.
  • Orchard crops hold the largest share of biopesticides use at 55%.

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Biopesticides: The Global Market
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