Market Size of China Biopesticides Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.60 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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China Biopesticide Market Analysis
The Chinese biopesticides market is projected to register a CAGR of 4.6% during the forecast period (2020-2025). The swelling cost of chemical inputs, their adverse effect on soil health and environment, and the increasing awareness regarding balanced plant nutrition are the major factors driving the market demand in the country. The country is adopting the use of microbial for seed treatments, to strengthen crop productivity at an early stage. In response to consumers' demands for healthy food products with minimal environmental impacts, growers are looking for more efficient ways to minimize the negative environmental impact. This is where the biopesticides come into play. Thus driving the growth of the biopesticide market during the forecast period. The major players include Beijing Bioseen Crop Sciences Co Ltd, Beijing Coway BioWorks Biotech Co. Ltd., Bayer Cropscience AG, Zhejiang Qianjiang Biochemical Co Ltd Koppert, and FMC Corporation.
