Orbis research updated data for competitive structure of the Asia-Pacific Biopesticide market to devise effective growth strategies and facilitate better decision-making.
The Asia-Pacific bio pesticide market is estimated to reach USD XX million by 2021 from USD XX million in 2016 at a CAGR of XX%. Bio pesticides are substances derived from naturally occurring materials like plants (plant-incorporated protectants or PIP’s), micro-organisms (microbial pesticides) and certain minerals (biochemical pesticides). The bio pesticides control diseases or pests through broad spectrum approach and even through selective approach. These are replacing conventional pesticides from the market due to their non-toxic quality and target specific behavior. 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.
Bio pesticides are advantageous for farmers as well as for the environment. They are usually inherently less toxic than conventional bio pesticides, they are comparatively cheaper and effective, decomposes well without leaving any harmful residues, have substantially nullified impact on non-targeted species and can greatly reduce the use of conventional pesticides with high yield.
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This market growth is driven by the high prevalence of crop diseases and rising demand for organic both in both developed and developing regions. Various research centers all around the world are taking initiatives to improve techniques for the augmentation and application of bio pesticides. Unawareness of farmers regarding the benefits of bio pesticides and also their reluctance to change from the existing practices of chemical pesticides are restraining the growth of the market.
According to ingredients, they are classified as biochemical pesticides, plant pesticides, macro organism 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 segmented 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.
The market has also been geographically segmented into India, China, Japan, Australia, South Korea, Rest of APAC. Asia-Pacific holds the second largest market share. The market is driven by remarkable advancement in biotechnology which has witnessed a new growth paradigm.
APAC bio pesticide market is consolidated with the following major companies operating in the market, these are Bayer Crop Science, BASF SE, Isagro SpA, Koppert Biological Systems, Andermatt Biocontrol Ag, Marrone Bio Innovations Inc, Camson Bio Technologies Limited, Valent Biosciences Corp, BioWorks Inc and Certis USA.
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Some Points From Table of Content :
1.1 MARKET DEFINITION
1.2 KEY DELIVERABLES OF THE STUDY
1.3 BASE CURRENCY, BASE YEAR, AND FORECAST PERIOD
1.4 GENERAL STUDY ASSUMPTIONS
2 RESEARCH APPROACH AND METHODOLOGY
2.1.1 SIZE ESTIMATION
2.1.2 FORECASTING METHODOLOGY
2.2 RESEARCH PHASES
2.2.1 Secondary research
2.2.2 Primary research
2.2.3 Econometric modelling
2.2.4 Expert validation
2.3 ANALYSIS DESIGN
2.4 STUDY TIMELINE
3.1 EXECUTIVE SUMMARY
3.2 KEY INFERENCES
4 MARKET DYNAMICS
4.1.1 The ever-increasing demand
4.1.2 High costs associated with developing synthetic pesticides
4.2.1 Lack of awareness
4.2.2 Increased Competition
4.3.1 Big Data and its uses
4.3.2 Advent of Integrated Pest Management (IPM)
4.4.1 Regulatory issues
4.4.2 Lack of Intellectual Property protection
4.4.3 Miscellaneous challenges
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