Market Trends of North America Biopesticides Industry
This section covers the major market trends shaping the North America Biopesticides Market according to our research experts:
United States as the Major Biopesticide Market in North America
The United States forms the largest biopesticides market in North America, and the demand from Canada is likely to register faster growth over the 2020-2025 period. Crop-based applications account for the largest share of biopesticides in the region, as the need for organic products and the decreasing efficacy of synthetic pesticides are contributing to the market growth. The country has the world's largest organic food market. In 2018, the sales of organic food reached USD 45.8 billion, which is an increase of 5.8% as per the Organic Industry Survey by the Organic Trade Association. This large organic market inflates the consumption of biopesticides. In the United States, vegetable, cereal, and oilseed production consume more than half of the biopesticides. The United States is the biggest user of biopesticides in the region, followed by Mexico and, then Canada, where there is less prevalence of pests. The growth of the organic market is expected to boost the biopesticides market during the forecast period.
Easy Registration Procedure
Given that biopesticides tend to pose fewer risks than chemical pesticides, the EPA generally requires fewer data to register a biopesticide than to register a chemical pesticide. As a result, new biopesticides are often registered in less than a year, compared to an average of more than three years for chemical pesticides. To promote the use of biopesticides, North America has simplified the requirement for the registration of it. For instance, In North America, the United States leads the way with the most streamlined biopesticide regulations. The manufacturers are encouraged to register their biopesticide products with the appropriate regulatory body. Harmonization with Canada has had little success.
