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German Biopesticides Market - Growth, Trends and Forecasts (2015-2020)

Worldwide, the pesticides industry has been witnessing a relatively steady growth, which has been primarily attributed to advancements in the Biopesticides industry. Germany is the second largest market for Biopesticides in Europe and is estimated to grow at a CAGR of 9.16% during 2015-2020 and is estimated to value at USD 308.34 million by 2020. Germany has been among the major European countries in adopting a shift towards the more eco-friendly Biopesticides in place of traditional synthetic pesticides. Germany is one of the few countries in the EU that provides funding for conducting research into Biopesticides, thereby enabling in their faster development and quicker market introduction. 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 growers 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. Segmentation of this report includes Bioherbicides, Bioinsecticides, biofungicides and other Biopesticides. Based on application the the market gives a share of pesticides used on Crop based applications like grains & Cereals, Oilseeds, Fruits and vegetable and Non crop application on Turf & Ornamental grass. Some of the players profiled in this market are AGRAUXINE SA (France), Koppert Biological System, Bayer crop science, BASF Novozymes biological among others. Key Deliverables in the Study 1. Market analysis for the Germany Bioherbicides 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 on a Europe. 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 Germany Bioherbicides 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.

Published By: Mordor Intelligence
Published Date: Q1 2016

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