Research and Markets (http://www.researchandmarkets.com/research/fql5kv/united_kingdom) has announced the addition of the "United Kingdom Biopesticides Market - Growth, Trends and Forecasts (2015-2020)" report to their offering.
Worldwide, the pesticides industry has been witnessing a relatively steady growth, which has been primarily attributed to advancements in the Biopesticides industry. The volume of Biopesticides consumed in United Kingdom is expected to maintain a CAGR of 15.16% between 2015 and 2020. In terms of value demand, the UKs demand for Biopesticides is likely to post a marginally faster corresponding CAGR of 15.56% and is projected to reach US$ 230.83 million by 2020.
A survey conducted in 571 arable and mixed farms in the UK in the recent past revealed that while good pesticide practices were adopted with quite reasonable levels in the region, adoption rates of more biologically based integrated pest management (IPM) tactics was low such as insect pheromones for pest monitoring and introducing arthropod predators for biological control. However, scenario has been undergoing a gradual change, with Biopesticides adoption increasing by the day, as exemplified by the faster growth rate compared to use of traditional pesticides.
The key drivers in the market are growing demand for food safety and quality, increasing consumer demand for organic products thus encouraging organic farming practices and governments promoting bio control products. The market however is mainly constrained by the grower's low awareness on the use of bio control agents and availability of the products. Also low shelf life of products results in farmer's frequent application of Biopesticides thus resulting in increased costs.
Key Topics Covered
- Introduction
- Key Findings Of The Study
- Market Overview
- Market Dynamics
- Market Segmentation
- Appendix
Companies Mentioned
-
AGRAUXINE
- Bayer CropScience
- Becker Underwood
-
De Sangosse
- Dupont
- Koppert Biological Systems
- Lallemand Plant Care & BioIngredients
- Monsanto
- Novozyme biologicals
- Valent BioSciences Corporation
For more information visit http://www.researchandmarkets.com/research/fql5kv/united_kingdo.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150529005727/en/
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