The European Biopesticide Market
Frost & Sullivan Forecast High Demand for Beneficial Insects
26-Sep-2001
In 2000 the total European Biopesticides market was valued at $97 million.
A new study from international market analysts Frost & Sullivan predicts
that over the forecast period (2000-2007) the market will exhibit a
compound annual growth rate of 11.7%, to reach $210 million by 2007.
biopesticides in this new study are defined as products that have a
distinct application for pest and disease control on crops and plants. The
market has three sectors; microbials, beneficials and pheromones & traps
and each of these groups is analysed at a European and individual country
level. In 2000, the highest revenue sector was beneficials with 55% of the
total market revenue.
Anna Ibbotson, Research Analyst with Frost & Sullivan adds, "as the
European consumption of chemical pesticides declines, impacted by changes
in environmental legislation, taxation and consumer attitudes, so the
biopesticides market will become a major area of future demand ? at least
in percentage terms. We will see the main increase in revenue over the
forecast period being derived from the beneficials sector for use in
applications such as glasshouse salad vegetables."
The northern European retail sector is driving some of the demand for
biopesticides in southern Europe. For reasons including lower production
costs and climate, Spain in particular has become one of the major
suppliers of vegetables to the retail markets in northern Europe. Demand
for biopesticides such as beneficials and pheromones for the protection of
salad vegetables and soft fruit has been driven by the increasingly
stringent requirements of the large northern European food retailers. This
has, in turn, been driven by consumer concerns over the level of chemicals
used in crop protection. Although demand for beneficial insects has
reached almost 100 percent saturation in existing contained environments in
Spain, the hectarage of glasshouses continues to increase and will provide
improved demand in the forecast period.
Biopesticides demand will be driven by the increasing promotion of
Integrated Pest Management (IPM) systems. These systems, promoted by local
government initiatives, biopesticides manufacturers and distributors, and
food retailers, are becoming increasingly important in the sustainability
of demand throughout Europe.
The report contains in-depth analysis of this fast growing market
including: discussion of new product development; details of legislation;
demand potential data; full competitive analysis including potential new
entrants and market share trends; and a profile detailing the European
countries in which each microbial product is both pending and approved.
Sales Contact:
European Biopesticide Market (report code 3905-41) published September 2001
is available to purchase from: Frost & Sullivan, 4100 Chancellor Court,
Oxford Business Park, Oxford, OX4 2GX, UK. Sales Contact: Bill Stringer
+44 (0) 1865 398651,bill.stringer@fs-europe.com
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