South Korean Biopesticides Market - Growth, Trends and Forecasts (2020 - 2025)

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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 2014-2020. 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.Mordor Intelligences new report on the South Korean biopesticides market provides valuable information as regards the countrys future prospects in this key growth area, with companies being able to take critical investment decisions for the future.

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