DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Bacterial Biopesticides Market - Growth, Trends and Forecasts (2016 - 2021)" report to their offering.
The global bacterial biopesticides market is expected to grow at a CAGR of 15.7% during 2016-2021 forecast period. The market value is expected to reach $3310.4 million by 2021 from an estimated $1380 million in 2015. Bacterial biopesticides form the major part of microbial application in agriculture as they consist of a microorganism (bacterium) as the main active ingredient. Microbes or microorganisms are small, microscopic creatures that live in soil, water, food, animal intestines and other different environments.
The global bacterial biopesticides market has been segmented on the basis of bacteria type, mode of application, crop application and by geography. The type segment is explained on the basis of bacteria strains; the usage of bacteria Bacillus thuringiensis is highest and is expected to grow substantially in agriculture sector. Some of the other bacterial microbes are Bacillus subtilis, Pseudomonas Fluorescens and others. By mode of application, the market is segmented as on-farm application, seed treatment and post-harvest application. By application, the market consists four crop types- Cereals & Grains, Oilseeds, Fruits & Vegetables and Others. Application of bacterial pesticides in fruits and vegetables crops accounts for the majority of market share by application.
Leading companies in the bacterial biopesticides industry are actively involved in developing new products, manufacturing technology adoption and distribution reach to garner the growing market demand. Major players identified here are- Dow Chemical Company (U.S.), KOPPERT B.V. (Netherlands), BASF and Bayer etc. Merger & acquisition and new product launches are being implemented by global players for expansion.
2. Research Approach & Methodology
3. Market Overview
4. Market Segmentation
5. Competitive Landscape
6. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/7m6fd6/global_bacterial