Focus on Sustainable Agriculture & the Urgent Need to Reduce Agricultural Carbon Footprint Drive Global Demand for Biopesticides
Concerns raised by the growing carbon footprint of the agriculture industry and the ensuing focus shed on adopting sustainable agricultural practices and eco-friendly farm inputs are poised to drive the global market for Biopesticides to reach US$6.2 billion by 2024 . The importance of agriculture can be put into perspective by the fact that over 45% of the world population is employed in cultivation of crops and livestock. The growing carbon footprint of the agriculture industry is raising concerns against the backdrop of the rising threat of global warming and climate change. Over 1/3rd of global greenhouse gas emissions are precipitated by the global food system right from crop farming, fertilizer use, food manufacture, storage, packaging and transportation. Food production including farming and cultivation accounts for over 83% of global food emissions followed by supply chain transport, wholesale & retail and final delivery transport each accounting for 11%, 4% and 2% re...