Joker on Nostr: Could Organic Pesticides Be The Next Gold-Rush For Entrepreneurs? The push into ...
Could Organic Pesticides Be The Next Gold-Rush For Entrepreneurs?
The push into microorganisms reflects an effort by agricultural companies to diversify beyond synthetic chemical pesticides, amid growing regulatory and consumer scrutiny.
Related:
* Consumer’s Appetite For Organic, Antibiotic / Hormone-Free Food Outstrips Supply (The Organic Appeal: U.S. retail sales of organic food more than tripled to $32.3 billion over the decade through 2013, according to the Organic Trade Association. Certified-organic farm acreage climbed about threefold as well, federal data show.)
Pesticides and other products incorporating microbes typically can be rolled out faster than man-made chemical insecticides and weedkillers, which have drawn closer scrutiny from U.S. regulators in recent years following environmental concerns raised by consumers, advocacy groups and organic farmers.
Biological pesticides, including bacteria-based products, today have annual sales of about $2 billion, or 4% of the $54 billion in global sales of chemical sprays, according to industry estimates.
But consumers and advocacy groups also are raising alarms over the environmental impact of man-made crop chemicals that dominate the market, such as glyphosate, widely sold by Monsanto as Roundup.
That could help boost sales of bio-pesticides to $5 billion, or about 10% of the projected market, by the end of the decade, according to Piper Jaffray analyst Michael Cox.
Related:
* Supreme Court Declines To Hear Bayer Appeal On Roundup
* Bayer Wins Roundup Cancer Case Ahead of Supreme Court Move
* Roundup Owner Bayer Divests Pest-Control Unit In $2.6 Billion Deal
Remainder Of The Article: https://dpl-surveillance-equipment.com/health-related/could-organic-pesticides-be-the-next-gold-rush-for-entrepreneurs-gotbitcoin/
The push into microorganisms reflects an effort by agricultural companies to diversify beyond synthetic chemical pesticides, amid growing regulatory and consumer scrutiny.
Related:
* Consumer’s Appetite For Organic, Antibiotic / Hormone-Free Food Outstrips Supply (The Organic Appeal: U.S. retail sales of organic food more than tripled to $32.3 billion over the decade through 2013, according to the Organic Trade Association. Certified-organic farm acreage climbed about threefold as well, federal data show.)
Pesticides and other products incorporating microbes typically can be rolled out faster than man-made chemical insecticides and weedkillers, which have drawn closer scrutiny from U.S. regulators in recent years following environmental concerns raised by consumers, advocacy groups and organic farmers.
Biological pesticides, including bacteria-based products, today have annual sales of about $2 billion, or 4% of the $54 billion in global sales of chemical sprays, according to industry estimates.
But consumers and advocacy groups also are raising alarms over the environmental impact of man-made crop chemicals that dominate the market, such as glyphosate, widely sold by Monsanto as Roundup.
That could help boost sales of bio-pesticides to $5 billion, or about 10% of the projected market, by the end of the decade, according to Piper Jaffray analyst Michael Cox.
Related:
* Supreme Court Declines To Hear Bayer Appeal On Roundup
* Bayer Wins Roundup Cancer Case Ahead of Supreme Court Move
* Roundup Owner Bayer Divests Pest-Control Unit In $2.6 Billion Deal
Remainder Of The Article: https://dpl-surveillance-equipment.com/health-related/could-organic-pesticides-be-the-next-gold-rush-for-entrepreneurs-gotbitcoin/