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Asia-Pacific Biopesticides Market worth $827.3 million by 2019


The Report “Asia-Pacific Biopesticides Market by Source (Microbial, Biorational), by Application (Permanent Crop, Arable Crop), By End-Use (Seed Treatment, On Farm, Post-Harvest), by Sub-Market, by Formulation, by Geography - Analysis & Forecast to 2019” is estimated to reach $827.3 million by 2019, at a CAGR of 15.0% from 2014 to 2019.

                                                 

Browse through the TOC of the Asia-Pacific Biopesticides Market for an analysis of industry trends and segments, with the help of various tables and figures.

                                     Early buyers will receive 10% customization on this report

Biopesticides (also known as biological pesticides) are pesticides derived from natural materials such as animals, plants, bacteria, and certain minerals. For example, canola oil and baking soda have pesticidal applications and are considered as biopesticides. In other words, biopesticides are biochemical pesticides that are made of naturally occurring substances that control pests through non-toxic mechanisms. These are eco-friendly and easy to use. Biopesticides are the key components of Integrated Pest Management (IPM) programs, and are receiving much attention as a means to reduce the load of synthetic chemical products that are used in order to control plant diseases.

The Asia-Pacific biopesticides market is dominated by China, followed by India.  The Chinese market accounted for a share of 35.0% of the Asia-Pacific market in 2014. Furthermore, in China, deliberate efforts are being made to promote the usage of biopesticides to enhance the crop yield. Moreover, the Chinese government is offering subsidies for environment-friendly pesticides to ensure the adequate supply of key grain crops.

Novozymes A/S (Denmark) holds a major share of the Asia-Pacific biopesticides market as of 2014. The other key players of the market include Bayer AG (Germany), Isagro S.p.A (Italy), and Koppert B.V. (Netherlands), among others. These companies are developing market strategies such as mergers & acquisitions, joint ventures, new product developments, and expansion to increase their market share in the Asia-Pacific biopesticides market.

In the report, the Asia-Pacific biopesticides market has been segmented and analyzed on the basis of submarkets, end-uses, applications, sources, formulations, and geography. As discussed, China and India are the major players in the market, followed by Japan, and Australia, among others.

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