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Biopesticides Market to Reach $2.58 billion by 2021 - Market Data Forecast

Asia-Pacific Biopesticides market will be the largest market during forecast period 2016-21.
Olive David | 03.05.2017
Asia-Pacific Biopesticides market will be the largest market during forecast period 2016-21.

“Asia-pacific Bio Pesticide Market" research report, published by Market Data Forecast delineates that the market is growing with a CAGR of 17.94% to reach USD 2.58 billion by 2021, from USD 1.26 billion in 2016.

Biopesticides are pest management agents and chemicals derived from natural sources such as bacteria, fungi, viruses, plants, animals and minerals. Also known as biological pesticides, they can provide an alternative to synthetic chemicals used to control pest populations in crop production and other settings. Biopesticides are seen as less toxic than other pesticides ,as bio pesticides target only specific pests which are needed to be destroyed but the conventional pesticides can even harm birds, animals or even human beings.

Biopesticides are beneficial to farmers as they are cheap and effective and leave no harmful residue. They can reduce the use of conventional pesticide and therefore reduce toxicity with high yield. A number of research institutes around the world are doing research in order to improve techniques for enhancement and application of biopesticides, with aim of improving the commercial feasibility of producing and utilizing biopesticides

The report also presents detailed analysis of multitude of factors affecting the biopesticides market bearing either positive or negative outcomes. Some of those factors are

Large population base and growing demand of food crops.
Awareness among the masses leading in increased demand of organic food products.
Increasing demand of cheaper and effective biopesticides.

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For detailed understanding biopesticides market is differentiated on basis of crop type, ingredient, microorganism type, and application. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.

The Asia-Pacific Biopesticides market is segmented on the basis of ingredients; they are classified as biochemical pesticides, plant pesticides and microbial pesticides. On the basis of microorganism’s type, they are segmented into bioherbicides, biofungicides, bionematicides and bioinsecticide. Based on crop type the market is fragmented among permanent and arable crops along with forage & turf grasses and greenhouse crops. By application, the market is bifurcated into seed treatment, on farm and post-harvest application.

Geographically, the market for biopesticides is segmented into China, India and Japan, South Korea and Australia. Asia Pacific is one the potential markets for growth of bio pesticides.

Key players in the market are Parry America, Andermatt Biocontrol Ag, Marrone Bio Innovations Inc, Agbitech Pty Limited, Bioworks Inc., Som Phytopharma Limited, Camson Bio Technologies Limited, Hebei Veyong Bio-Chemical Co. Limited, Becker Underwood Inc., Agraquest Inc., Growth Products Limited, Valent Biosciences Corp, Biocare, Natural Industries and Novoenzymes A/S.

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The Asia-Pacific Biopesticides Market report offers wide-range of scope:

Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries
Know more about key areas of industry growth via detailed Segment-level analysis on basis of crop type, microorganism type and application along with market size forecasts and y-o-y estimations
Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market.

Checkout other related studies in the Agrochemicals Segment:

Bio herbicides Market:

Bio fertilizers Market:

Agricultural Micronutrients Market:

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