Global Microbial Pesticides Market - Growth, Trends and Forecasts 2017-2022

The global microbial pesticides market value is expected to reach USD 720.88 million by 2021, witnessing a double digit market growth during the forecasted period. Microbial pesticides are the microbe based biopesticides, which are used to protect plants from various pests. Multiple acquisitions, licensing agreements, partnerships and investments of hundreds of millions dollars in research and development by large companies show that the segment will drive the growth of crop protection market in coming decade.

The global microbial pesticides market value is expected to reach USD 720.88 million by 2021, witnessing a double digit market growth during the forecasted period. Microbial pesticides are the microbe based biopesticides, which are used to protect plants from various pests. Multiple acquisitions, licensing agreements, partnerships and investments of hundreds of millions dollars in research and development by large companies show that the segment will drive the growth of crop protection market in coming decade.

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. Several countries are adopting a stringent approach concerning the amount of imports, with a special focus on regulating the quantity of pesticide residues. As a result, use and demand of non-chemical treatments for crop protection is increasing. Other factors favouring the market growth includes low toxicity of microbial pesticides on non-target pest species, compatibility with synthetic chemicals and no residual toxicity for human and other animals. In spite of their low toxicity and environment impact levels, microbial pesticides have a major restrain in the form of high costs and low availability.

The report is segmented based on product type, crop type and geography.

Companies Mentioned:

Key Topics Covered:

1. Introduction

2. Research Approach & Methodology

3. Key Findings of the Study

4. Market Overview

5. Market Dynamics

6. Market Segmentation

7. Competitive Landscape

8. Key Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/3nq7mm/global_microbial

Media Contact:

Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716