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Biopesticides Market: Growing Popularity of Organic Foods and Innovative Product Launches to Boost Market, TMR

The   global biopesticides market   is fairly consolidated with the top five companies accounting for a combined share of over 50% in 2014, finds Transparency Market Research (TMR). Some of the leading players in this market include BASF SE, Valent Biosciences Corp, Arysta LifeSciences, Bayer CropScience AG, Novozymes, and Dow AgroSciences. The top players are actively investing in research and development of new products, particularly microbial and biochemical pesticides. The leading companies are increasingly mobilizing their capital through acquisitions, licensing deals, and partnership agreements to consolidate their shares.  Owing to an evolving regulatory environment, a large number of chemical pesticide manufacturers have made a foray into the biopesticides sector. In the past few years, intensifying regulatory pressures have led major agro-chemical companies to diversify their assets from chemicals to biopesticides. The global biopesticides market stood at...

Global Biopesticides Market: Soaring Popularity of Organic Food Fuels Demand, finds TMR

The   global biopesticides market   is partially consolidated with the top five players accounting for about half the market share. Some of the big names operating in the market are BASF SE, Arysta LifeSciences, Valent Biosciences Corp, Bayer CropScience AG, and Dow AgroSciences, Novozymes A/S. They have invested heavily in research and development of new biopesticides, particularly biochemical pesticides, microbial pesticides, and plant-pesticides. The global market for biopesticides is regulated tightly by government. The U.S. Department of Agriculture and Department of Food and Drugs Administration were the first to formulate rules pertaining to pesticides. Later the Environmental Protection Agency (EPA) had been tasked with formulating rules and monitoring the market. The EPA has significantly supported research and development activities in the U.S. and this would likely lead to the unveiling of new biopesticides in the near future. Sensing opportunity in the mark...