Global Market for Pesticides to Reach $83.7 Billion in 2019; Biopesticides to Grow At More than Twice the Rate of Synthetic Pesticides

(PRWEB) July 22, 2014

A rapidly expanding global population coupled with limited agricultural land is driving farmers and industry to develop sustainable and productive methods of providing food to feed an estimated nine billion people by 2050. Improvements in technology, agricultural techniques and pest control have allowed farmers to expand crop production on the limited arable land available. This expansion of productivity has come with a price in soil erosion, pesticide-tolerant weeds and insects, and concerns about the safety of foods used for both human and animal consumption.

Factors driving the use of biopesticides include increased environmental awareness, the pollution potential and health hazards from many conventional pesticides, as well as increasing global demand for organically grown food.

GLOBAL MARKETS FOR BIOPESTICIDES provides an overview of the global biopesticides and synthetic pesticides industry, including technological developments, future trends, and emerging opportunities. It includes analyses of global market trends, with data from 2013, estimates for 2014, projections of CAGRs through 2019, and profiles of companies important in the industry.

About BCC Research