German Biopesticides Market Size

Germany Biopesticides Market Analysis

The German Biopesticide Market is projected to attain a CAGR of 15% during forecast period of 2020-2025. In the European region, Germany is the fastest growing market for biopesticides. According to EPA, biopesticides are certain type of pesticides, derived from such natural materials as plants, bacteria and certain minerals. They help in controlling pests through non-toxic mechanisms. The increased demand for naturally obtained healthy foods has fuelled the market opportunities for biopesticides. The action plan to ban chemicals like glyphosate by end of 2023 by Germany will boost the growth of biopesticide market. The implementation of Integrated Pest Management by European Union has been an advantage for biopesticide market. IPM focuses on reducing the use of toxic mechanisms to control pests and depend on the natural pest control mechanisms without any disruption to the agro-ecosystems. Germany is the largest organic food market, and this has contributed to the growth of biopesticides as more people are focusing on health now. the market does face restraints of low shelf life of products and high target pest specificity. With more concentration on research and development for producing high quality microbials in this segment the market can overcome these restraints.