Market Trends of United Kingdom Biopesticides Industry
This section covers the major market trends shaping the UK Biopesticides Market according to our research experts:
Growing Demand for Organic Products
The rise in demand for organic products is booming due to an increase in conscientious consumers regarding the ill effects of the chemicals. According to the Organic Trade Association, the United Kingdom maintains a market size for organic packaged food and beverages of USD 1,558.4 million in 2017, which is 3.9% of global category sales. According to the Organic Trade Association, organic packaged food and beverage consumption in 2019 was valued at 1,625.1 million USD as against 1592.8million USD in 2018. The organic packaged food accounted for USD 1,326.3million in 2017 compared to USD 1,354.9 million in 2018. The consumer demand for organic products is growing steadily and is further expected to grow during the study period. Thus the increasing consumption of organic products indirectly drives the market for biopesticides in the studied area.
Increased Practice Of Organic Farming
Growing consumer demand for opting for organic food instead of conventional food, to avoid adverse health effects caused by chemical preservatives is shifting growers towards organic cultivation that uses bio-pesticides instead of chemicals, used along with improved farming practices that make organic yields more robust. According to the Department for Environment, Food & Rural Affairs, 474 thousand hectares are farmed organically in the UK in 2018 as compared to 507.9 thousand ha in 2016. Among which 8% of the total UK organic area is used to grow cereals and 3.3% of total United Kingdom cattle Population was reared organically in 2018. The number of totals organically farmed poultry in the United Kingdom increased by 10% between 2017 and 2018, rising to almost 3.4 million birds.
