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North American & Western European Biopesticides Markets
Frost & Sullivan, Aug 2009, Pages: 151
The North American and the European biopesticides market is an emerging market with growing demand of products. There are many regulations banning the sales of existing chemistries in synthetic chemical pesticides which is actually driving the need to develop alternate naturally chemicals which are safe to the environment and the living organisms consuming the plant products. There is discussion of market metrics, competitive scenario and general trends in this market, in this segment of the report.
Research Overview
This Frost & Sullivan research service titled North American & Western European Biopesticides Markets provides market metrics, product types and its respective sub-segment analysis for each region as well as revenue forecasts. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: microbial biopesticides, beneficial insects and biochemical pesticides.
Rising Demand for Chemical-free Crops to Support Expansion of North American and Western European Biopesticides Market
The biopesticides market in Western Europe and North America is growing strongly. The increasing demand for chemical-free crops, paralleled by the expansion of land for organic farming, has led to augmented usage of biopesticides.
'The major growth factor for the biopesticides market is the escalating demand for chemical free crops by end users and supermarkets,' notes the analyst of this research. 'Major supermarket chains including Walmart and Tesco, among others, are demanding chemical-free crops, fruits and vegetables.' Governments in these regions are supporting the reduction in the level of chemicals used in agriculture. This is achieved partially due to regulations governing the reduction of maximum residue levels (MRL) levels, which is acting as a growth factor for biopesticides.
However, biopesticides do not represent a stand-alone solution for treating crop diseases, nor are they to be viewed as a solution to reduce insect infestation. 'In this market, beneficial insects which are considered natural enemies of plant pests cannot be used to cure diseases (fungal or bacterial or viral),' explains the analyst. 'Thus, they cannot be used as standalone products.'
Market participants could possibly optimise a beneficial insect product and a biofungicide so that it does not harm beneficial insects and other living organisms. It can thus have an optimal effect without jeopardising the impact of other helpful products or organisms. The establishment of integrated pest management (IPM) and integrated crop management (ICM) programs that use the technical and product expertise of the manufacturer for efficient tackling of problems will be critical to market development.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
- Microbial biopesticides
- Beneficial insects
- Biochemical pesticides
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