Worldwide, the pesticides industry has been witnessing a relatively steady growth, which has been primarily attributed to advancements in the Biopesticides industry. North America Biopesticides market is poised to post respective CAGRs of 14.4% and 16.6% for volume and value. Value demand for Pesticides in the United States is projected to reach USD 6705.58 million by 2022
The worldwide trend of maintaining sustainability in human, animal and environmental heath by minimizing the use of chemical pesticides is evident in the largest global market, too. The US market for Biopesticides is largely driven by simple registration process, consumers growing preference for organic products and growing consumer awareness on the ill effects of synthetic pesticides on human health. The market however is mainly constrained by the growers low awareness on the use of bio control agents and availability of the products. Also low shelf life of products results in farmers frequent application of Biopesticides thus resulting in increased costs. The North America region with the introduction of NAFTA has reduced the trade tussles between the member countries. Thus reducing the companies trade barriers and increasing their distribution reach in to various provinces.
The United States forms the largest Biopesticides market in North America. Crop-based applications account for the largest share of Biopesticides in the region. The US is the biggest user of Biopesticides in the region with a market estimated to be worth USD 1968 million. The report is segmented based on types which include bioherbicides, bioinsectcides, biofungicides. These find applications in crops like cereals & Grains, oilseeds, fruits and vegetables and non-crop based applications like turf & ornamental grass. Grains & Cereals take up the larger share of Biopesticides use.
Key Industry Players
The leading players in the market are Certis USA LlC, Marrone BioInnovations, and Bayer crop science among others. The key strategies being adopted in the market are of Mergers & Acquisitions.
In this report we offer,
Market Definition for the specified topic along with identification of key drivers and restraints for the market. Market analysis for the US Biopesticides market, with region specific assessments and competition analysis on a global and regional scale. Identification of factors instrumental in changing the market scenarios, rising opportunities and global consumer trends. Extensively researched competitive landscape section with profiles of major companies along with their share of markets. Identification and analysis of the Macro and Micro factors that affect the US Biopesticides market on both global and regional scale. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
Why should you buy this report?
For getting a comprehensive overview of the US Biopesticides market to gain wide ranging information about the major players in this industry and the strategies adopted by them. To gain an insight about the major countries/regions in which this industry is blooming and also identify the regions which are untapped.