World Biopesticides Market Analysis, Trends, Demand, 2014-20
Biopesticides are biologically based agents used to control plant pests, diseases and weeds. Biopesticides only target the desired crops, possess less toxicity, decompose quickly and are effective even in small quantities. The environmentally friendly biopesticides are an excellent alternative to conventional chemical pesticides. Growing environmental concerns and the health hazards inherent in the use of chemical pesticides have resulted in the increased adoption of biopesticides. Moreover, given the eco-friendly nature of biopesticides, frontrunners in the agro chemicals industry are showing an inclination towards biopesticides. On the other hand, the low shelf life of the product is a major concern for producers and serves to hamper market growth. Nonetheless, rapid growth in bio-control seed treatment solutions is expected to spur the growth of the global biopesticides market in the forecast period.
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