China is the Largest Biopesticides Market in Asia-Pacific with a Share of 35.0%

Date: 2015-08-15

“The Asia-Pacific biopesticides market is estimated to grow at a CAGR of 15.0% from 2014 to 2019. The remarkable biotechnological growth, which has witnessed a new growth paradigm in the Asia-Pacific region, is driving the Asia-Pacific biopesticides market. These developments have led to the production of better and effective biocontrol agents. Advanced molecular biology has enabled the evolution of commercial applications of this technology into viable production of microbials that have been significantly used as biopesticides, and also help in production of these ex situ and eases the development of these as a product. 

In this report, the Asia-Pacific biopesticides market has been broadly discussed on the basis of end-use, formulation, submarket, and source. The bioinsecticides segment is estimated to grow at the fastest CAGR from 2014 to 2019, among all submarkets.  An in-depth analysis of the biopesticides market has been conducted in terms of the submarkets, such as bioinsecticides, biofungicides, bioherbicides, and bionematicides. 

China is the largest biopesticides market in Asia-Pacific, having accounted for a share of 35.0% of the overall market, followed by the market in India. The market in China is also expected to grow at the fastest CAGR during the forecast period of 2014 to 2019. This is due to the growing acceptance of these as replacement to the existing chemical pesticides.

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. 

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Contact Information:

Joanna | Executive – International
Business and partner Relations

E-mail: | Tel: 001-510-400-8520



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