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The North America biopesticides market report defines and segments the biopesticides market in North America with analysis and forecast of revenue. The biopesticides market in North America is estimated to grow from $823.7 million in 2014 to $1658.1 million by 2019 at a CAGR of 15.0% from 2014 to 2019. Key players in the North America Biopesticides Market include Bayer AgroSciences AG (Switzerland) Novozymes A/S (Denmark) Koppert BV (Netherlands) and Plant Health Care PLC (U.S.)
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Biopesticides (also known as biological pesticides) are pesticides derived from natural resources such as animals plants bacteria and certain minerals. In other words biopesticides are biochemical pesticides that are made of naturally occurring substances that control pests through non-toxic mechanisms. For example canola oil and baking soda have pesticidal applications and are considered as biopesticides. These are eco-friendly and easy to use. Biopesticides are the key components of integrated pest management (IPM) programs and are receiving much attention as a means to reduce the load of synthetic chemical products that are used in order to control plant diseases.
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North America biopesticides market is dominated by the U.S. followed by Mexico. The U.S. is a saturated market for crop protection chemicals; however the market for biopesticides is expected to witness growth in this country. The demand for organic products is also growing in this country which will drive the demand for biopesticides in coming years.
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This report also includes market share and value chain analyses along with market metrics such as drivers and restraints. In addition it presents a competitive landscape and company profiles of the key market players.
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