$10 Billion Market Seeks Safer BioPesticides
With increasingly strict environmental regulations and higher litigation costs for toxic household products, BioLogic comes at an ideal time. The novel technology offers an organic, non-toxic pesticide that’s cheap to produce.
It can be used in household or agricultural applications. Seldomly do you find such a win-win technology.
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The global pesticide market reached $49.9 billion in 2012 and is expected to reach $67.5 billion by 2017. That’s a growth at a rate of about 6.2% per year. The bio-pesticide market is just $2.1 billion in 2012 but is expected to grow by 12% per year to over $3.7 billion in 2017.
Click here to find out about BioLogic’s strong team