Market Size of Italy Biopesticides Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.50 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Italy Biopesticides Market Analysis
The Italian biopesticides market is projected to register a CAGR of 6.5% during the forecast period(2020-2025). The progress of the organic industry, the rising cost of chemical pesticides, growing issues in the development of insect resistance toward these chemicals, and the increase in awareness about occupational hazards caused by chemical pesticides are the major driving factors for the biopesticides market. Increasing the cost of chemical fertilizers and push from governments for sustainable farming is enabling the farmers to adopt organic farming practices. Growing demand for food safety and quality, increasing consumer demand for organic products thus encouraging organic farming practices. Thus driving the demand for biopesticides. Some of the players profiled in this market are AGRAUXINE SA (France), Koppert Biological System, Certis Europe, Bayer crop science, BASF Novozymes biological among others.