The Global biopesticides market is increasing and was worth approximately $3.36 billion in 2016 and is projected to reach $8.82 billion by 2022, at an annual growth rate of 17.4%.
The Biopesticide Summit 2019 will focus on developing and introducing innovative and alternative biocontrol solutions that will help protect our food chain in a controlled but timely manner. Held on the 2-3rd July at Swansea University, Maxstim MD Richard Salvage will be a guest speaker at the summit along with other key industry stakeholders.
Despite significant growth in the biocontrol industry, major limitations with current biopesticide solutions are rarely discussed. There is an urgent need to develop novel products and application technologies to not only “fill the gaps” in the market due to pesticide removal but also to anticipate future requirements as pests and diseases are developing resistance to currently used chemical products.
In addition, there is increasing consumer-led retailer demand for growers to eradicate the use of chemical pesticides in crop production and to grow fruit and vegetables with reduced detectable residues.