While the prevalence of chemical or synthetic pesticides in crop protection would continue, human, animal and environmental health concerns would play key roles in driving growth for Biopesticides. Though agricultural productivity has been largely dependent on synthetic insecticides, they come with their own set of shortcomings, such as being expensive, not being foolproof, tendency to accumulate in the environment and pollute waterways and being non-species specific, implying that their use can also harm non-target organisms.Thus,the high specificity of Bioinsecticides towards pest, will drive the market. However, the need to use different Bioinsecticides for different pests apart from frequent reapplication instituted due to low life span will increase the cost sentiment among the growers, and in turn proving to be a constraint.
The report is segmented based on application; both crop based and Non crop based categories. Growth in demand for bioinsecticides in Asia-Pacific is likely to be precipitated by the development of insecticide-resistant pests, requiring more efficacious solutions for either controlling or eliminating them. Bacillus thuringiensis is the entomopathogenic microorganism most extensively utilized as a bioinsecticide at global level. The value of bioinsecticides in the region is likely to post a 2014-2020 CAGR of 19.5%. North American and European demands for bioinsecticides are forecast to register slower growths as the result of decreased insect pressure. However, compared to synthetic insecticides, demand for these products is likely to be stronger, particularly in Europe, after the EUs restriction on use of clothianidin, imidacloprid and thiametoxam from April 2013.
The market is seeing severe competition from big and small firms, with the larger firms adopting acquisition strategy to create a foothold in the Biopesticide market. Some of the leading players are Marrone Bio innovations, Valent Biosciences, Certis LLc, Agraquest, and Koppert Biological systems.
The future opportunity for the companies lies in increasing registrations of Biopesticides in various regional markets. As EPA requires less data and provides a simpler registration process, with the registration process completing with a year when compared to three year tenure for synthetic pesticides; more companies should take a voluntary step towards increasing the biopesticide portfolio. Also, increasing awareness on the products advantages among the growers community along with ease of access will further grow the market.
Key Deliverables in the Study:
1. Market analysis for the Global Bioinsecticides Market, with region specific assessments and competition analysis on Europe.
2. Market definition along with the identification of key drivers and restraints.
3. Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market.
4. Extensively researched competitive landscape section with profiles of major companies along with their market shares.
5. Identification and analysis of the macro and micro factors that affect the global bioinsecticides market.
6. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
7. A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
8. Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
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1.1 Definition of the Market
1.2 Research Methodology
1.3 Report Description
2. KEY FINDINGS OF THE STUDY
3. MARKET OVERVIEW
3.2 Product Overview
3.3 Regulatory Environment
3.4 Trade regulations and policies
4. MARKET DYNAMICS
4.2.1 Growing Demand for food safety & Quality
4.2.2 Biopesticides gaining market share over synthetic pesticides
4.2.3 Low R&D Costs
4.2.4 Adoption of organic farming practices
4.2.5 Governments promoting Bio control products
4.3.1 Low consumer adoption of Biopesticides
4.3.2 High specificity on target pests
4.3.3 High Costs and low availability
4.4.1 Organizations promoting Biopesticides
4.4.2 Developing regions witnessing faster demand
4.4.3 Sustainable and Integrated pest management techniques
4.5 Porter's Five Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Buyers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitute Products and Services
4.5.5 Degree of Competition
5. MARKET SEGMENTATION
5.1 By product group/segment
5.2 By Application
5.2.1 Crop based
18.104.22.168 Grains & Cereals
22.214.171.124 Oil seeds
126.96.36.199 Fruits & Vegetables
5.2.2 Non Crop based
188.8.131.52 Turf & Ornamental Grass
5.3 By Geography
5.3.1 North America
184.108.40.206 Rest of Europe
220.127.116.11 South Korea
18.104.22.168 Rest of Asia pacific
5.3.4 Latin America
22.214.171.124 Rest of Latin America
5.3.5 Rest of World
5.4 Competitive Landscape
5.4.1 Mergers & Acquisitions
5.4.2 Market Share Analysis
5.4.3 Strategies Adopted by Leading Players
5.4.4 Most active companies in the past five years
5.5 Company Profiles
5.5.1 Bioworks, Inc.
5.5.3 Bayer Cropscience Ag
5.5.4 Marrone BioInnovations
5.5.5 Certis LLC
5.5.7 Isagro Spa
5.5.9 Novozyme biologicals
5.5.10 Valent Biosciences Corporation
5.5.11 Koppert Biological systems
5.6 Patents Scenario