A shift from using conventional pesticides to biopesticides has provided momentum to the French market, which is projected to record a CAGR of 9.2% during 2020-2025. France has initiated a program called Ecophyto 2018 comprising a robust component of educating growers with the intention of reducing the use of chemical pesticides by 50% by 2018 without affecting yield or revenues.
France is the third-largest biopesticide market in Europe, which held around an 18% share of the total European biopesticide market in 2016. The country has historically been one of the most dominant agricultural centers in Europe. Despite decades of research on biological control and a significant number of biopesticides shown to be efficient in laboratory conditions, few products are presently registered for use in France.
Key Market Trends
Adoption of New Farming Practices
Over the past few decades, a growing movement for sustainable agriculture has emerged, promoting practices that contribute to reducing social and environmental concerns over agricultural practices. The use of biopesticides in sustainable agriculture not only addresses several environmental and social concerns, but also offers innovative and economically viable opportunities for growers, laborers, and consumers. This is one of the major drivers for the market growth of biopesticides.
Growing Demand for Food Safety and Quality
Being less harmful than synthetic pesticides, biopesticides typically affect only the target pest and other organisms closely related to it, as against broad-spectrum conventional pesticides, which can be harmful to other organisms, such as birds, insects, and mammals. The principal factors that contribute to the growing popularity of biopesticide include Less detrimental to humans, animals, and the environment.
Consumers have become more aware of products they consume and scrutinize the safety and quality of food products. So, when farmers use biopesticide in agricultural land, it lessens the chance of toxicity that comes indirectly from synthetic pesticide usages.
Competitive Landscape
In the market studied, companies not only compete on new product launches but also focus on strategic moves, to acquire larger market shares. The results of the market share analysis indicate a highly fragmented market. The ket players in the biopesticide market in the studied area are Monsanto Company, BASF SE, Novozymes A.S. Corteva Agriscience, Koppert Biological Systems and Lallemand Inc.
Reasons to Purchase this report:
This product will be delivered within 2 business days.
France is the third-largest biopesticide market in Europe, which held around an 18% share of the total European biopesticide market in 2016. The country has historically been one of the most dominant agricultural centers in Europe. Despite decades of research on biological control and a significant number of biopesticides shown to be efficient in laboratory conditions, few products are presently registered for use in France.
Key Market Trends
Adoption of New Farming Practices
Over the past few decades, a growing movement for sustainable agriculture has emerged, promoting practices that contribute to reducing social and environmental concerns over agricultural practices. The use of biopesticides in sustainable agriculture not only addresses several environmental and social concerns, but also offers innovative and economically viable opportunities for growers, laborers, and consumers. This is one of the major drivers for the market growth of biopesticides.
Growing Demand for Food Safety and Quality
Being less harmful than synthetic pesticides, biopesticides typically affect only the target pest and other organisms closely related to it, as against broad-spectrum conventional pesticides, which can be harmful to other organisms, such as birds, insects, and mammals. The principal factors that contribute to the growing popularity of biopesticide include Less detrimental to humans, animals, and the environment.
Consumers have become more aware of products they consume and scrutinize the safety and quality of food products. So, when farmers use biopesticide in agricultural land, it lessens the chance of toxicity that comes indirectly from synthetic pesticide usages.
Competitive Landscape
In the market studied, companies not only compete on new product launches but also focus on strategic moves, to acquire larger market shares. The results of the market share analysis indicate a highly fragmented market. The ket players in the biopesticide market in the studied area are Monsanto Company, BASF SE, Novozymes A.S. Corteva Agriscience, Koppert Biological Systems and Lallemand Inc.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
This product will be delivered within 2 business days.
Table of Contents
1 INTRODUCTION
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Monsanto
- Corteva Agriscience
- Novozymes A.S.
- Lallemand Inc
- BASF SE
- Koppert Biological Systems
- AGRAUXINE SA (France)
- Andermatt Biocontrol AG
- Bioworks Inc.
- Valent Biosciences Corporation
Methodology
LOADING...
