Market Size of Japanese Biopesticides Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 12.20 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Japanese Biopesticides Market Analysis
The Japan Biopesticides Market is estimated to grow at a CAGR of 12.2% during the forecast period. Microbes used in this approach include fungi, bacteria, viruses, and nematodes. Each microbial biopesticide is unique, not only the organism or active ingredient but also the host, the environment in which it is being applied, and the economics of production and control. Biopesticides give an opportunity to the pesticide firms in Japan, as its synthetic pesticides market is mature and slow-growing. In Japan, increasing cases of public illness due to higher pesticide residues in crops is changing farmers' and public choice towards the use of pesticides on crops. Among Asian countries, Japan has one of the best-established systems for pesticide registrations and, research and development, which has enabled in accelerating the processes of developing and commercializing biopesticides.
