The United States biopesticide consumption is slated to exhibit a 2014-2020 volume CAGR of 14.4%, with a value demand CAGR of 16.5% over the similar period. In terms of volume and value, bioherbicides is the largest sub-segment in the region, though fastest growth is anticipated from biofungicides. The market for biopesticides in the United States has been witnessing sustained growth due to several factors, including greater investment in research and development, well established integrated pest management (IPM) and integrated crop management (ICM) programs and increase in area being earmarked for organic cultivation.
Major segments that consume biopesticides in the United States include organic agricultural industry, vegetable farming, orchard crops and berries and federal and municipal programs on the treatment of forestry, water resources and the care of green belts in urban zones, as well as the control of insects transmitting infectious diseases. Mordor Intelligence has released a new report on United States market for biopesticides, covering several aspects that drive growth in demand. Companies would find this report a valuable source in making informed investment decisions.