The Japan Crop Protection Chemicals (Pesticides) Market has been estimated at USD 2391.94 million in 2015 and is projected to reach XX million by 2020, at a CAGR of 4.93% during the forecast period from 2015 to 2020. Crops like rice, soybeans, wheat, barley, fruits and vegetables are largely grown in Japan and are major users of pesticides. In spite of small population and land area, Japan is a significant market for pesticides with a share of XX% of total pesticide sales in Asia-Pacific in 2015. The country has highest pesticide usage per hectare than any other country in the world, at approx. 12kg per hectare.
Crop-based applications dominate the Japanese market in terms of both volume consumption and value demand. Japan is likely to be the slowest growing market for Pesticides in Asia-Pacific, which would follow the trend of large and established markets of North America and Western Europe in posting sluggish growth. Primary reasons for this include market maturity and efforts aimed at reducing unnecessary utilization of pesticides, with application of chemical pesticides being cut down by more than 50%, thereby promoting growth of biopesticides.
By product type, market is segmented into herbicides, fungicides, insecticides and other chemicals. Herbicides accounted for 41%, fungicides accounted for XX%, insecticides accounted for XX% and other pesticides accounted for 6% of the total pesticides market in 2015. .Further the products are segmented by origin, synthetic and biopesticides. By application area, pesticides demand has been analyzed in terms of crop-based (including grains & cereals, oilseeds and fruits & vegetables) and non-crop-based (including turf & ornamental grass and other non-crop-based applications).
Currently, Japan has held more patents in agrochemicals than any other country taking the lead from USA. High investments are seen in research and development to sustain efficient agricultural practices. Major companies covered in the report include American Vanguard, Arysta LifeScience, BASF SE, Bayer CropScience, BioWorks, Cheminova, Chemtura Corp, Chr Hansen, Dow AgroSciences, DuPont, FMC Corp, Isagro SpA, Ishihara Sangyo Kaisha, Makhteshim Agan, Marrone Bio Innovations, Monsanto, Natural Industries, Novozymes A/S, Nufarm Ltd, Sumitomo Chemical, Syngenta AG and Valent Biosciences. The key strategies used by companies in this market are new product registrations, acquisitions to enter new markets.
Key Deliverables in the Study