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Biopesticides Market - South Korea Industry Growth, Trends, Forecasts (2020 - 2025)

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Market Insights

Worldwide, the pesticides industry has been witnessing a relatively steady growth, which has been primarily attributed to advancements in the Biopesticides industry. South Korea constitutes one of the faster growing consumers of Biopesticides in Asia-Pacific, with a forecast volume CAGR of 15.5% and value CAGR of 16.4% during 2017-2022.  

Market Dynamics

Consumption of Biopesticides in the region is likely to post faster growth than Synthetic Pesticides. The region of South Korea is characterized by scarcity in agricultural area resources and comparatively high levels of spending on pesticides per hectare of arable land. South Korea has put in place well established systems for registration and R&D for Biopesticides, which help in the faster development and commercialization of these products. Farmers in the region use an indigenous product comprising a mixture of egg yolk and cooking oil for controlling a range of pests and improving plant health. Several field trials have proved the effectiveness of this mixture in controlling powdery mildew and small insects, such as mites.  

Market Segmentation

Segmentation of this report has included categorizing Biopesticides as Bioherbicides, Bioinsecticides, biofungicides and other Biopesticides. Based on application the market gives a share of pesticides used on Crop based applications like grains & Cereals, Oilseeds, Fruits and vegetable and Non crop application on Turf & Ornamental grass. Some of the players profiled in this market are Bayer crops science, BASF, Emery Oleo chemicals, ISagro Spa, Ishihara Sangyo Kaisha,Ltd , Sri Biotech Laboratories India, Ltd among others.  

In this report we offer,  

Market Definition for the specified topic along with identification of key drivers and restraints for the market. Market analysis for the South Korea Biopesticides market, with region specific assessments and competition analysis on a global and regional scale. Identification of factors instrumental in changing the market scenarios, rising opportunities and global consumer trends. Extensively researched competitive landscape section with profiles of major companies along with their share of markets.  Identification and analysis of the Macro and Micro factors that affect the South Korea Biopesticides market on both global and regional scale. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.  

Why should you buy this report?  

For getting a comprehensive overview of the South Korea  Biopesticides market To gain wide ranging information about the major players in this industry and the strategies adopted by them. To gain an insight about the major countries/regions in which this industry is blooming and also identify the regions which are untapped.

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