Biopesticides to Define the Future Growth of Crop Protection Market

Application of various agrochemicals in our agriculture lands has become a necessity now given the increasing need of food safety issues around the world. To be specific, pesticides market is particularly on the discussion here being one of the most consumed and sophisticated device for pest control. Pesticides constitute the largest category within the market for crop protection chemicals, with Biopesticides accounting for a comparatively minute share.

Over the years, the unpredictability of the pest situations in the fields made it necessary to enhance efficiency in utilization of pesticides. The significant advancements in pest management procedures and technology have helped in the transitional growth so far. High usage of synthetic pesticides, increased popularity of biopesticides and changing farming practices help the global pesticide market grow making it the highest growing segment in agrochemicals.

Significant enhancements in agricultural output can be achieved through pesticide application. As consumers get aware of the safety and quality of the products consumed, it is of utmost importance to adequate safety standards, at various stages of pesticide manufacture & utilization. On-farm ingestion of toxic chemicals, toxic chemicals being discharged into air, water and soil and finally consumption of water and food products by humans may create severe fatality. Various organizations along with countries are working together to put stringent regulations in place for controlling the negative impacts of pesticides on humans and environment. As a result, the demand for regulated food safety and quality is becoming larger.

The safer option for pest control is applying biopesticdes which typically affect only the target pest and other organisms that are closely related to it. Though biopesticides comprise a small chunk of the total crop protection market, greater adoption of this option would act as major opportunity holder for the industry. Biopesticides tend to work more effectively when applied through an integrated farming approach. Its natural way of acting on pests and diseases make it a very convenient and popular option for the farmers now.

A new farming practice that is gaining popularity is the organic way of farming. Increasing awareness among farmers and customer preference for the organically grown products are popularizing this method of farming. While farmers go for this way of farming, they most likely apply biopesticides and bio-control agents in their fields. So in turn it increases the market share of biopesticides.

Several international organizations have been working towards improving the crop protection market by adopting natural methods. The Biopesticides and Pollution Prevention Division has been engaged in encouraging the use of pesticides that are safer as components of IPM programs, which include biopesticides, in addition to coordinating the Pesticide Environmental Stewardship Program (PESP). Also the procedure of registration in EPA is much simpler for biopesticides compared to synthetic pesticides.

Growth of the global crop protection industry is surely impressive as it is the best performing segment of agrochemicals. With the Integrated Pest Management Practices in place, the future is also seen bright for the industry. However cost factor, regulatory issues and conflict with GM crops are detrimental for the future growth of the industry. Also with the shrinking land base for agricultural operations, the scope for the pesticides companies is to focus on Research and development to develop sustainable techniques to increase crop yield on low acreage levels.

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