Vietnam Biopesticides Market - Growth, Trends, and Forecast (2020 - 2025)

In Vietnam, an increase of 0.2 million hectares of arable land per year was recorded by World-Bank and hence, the use of pesticides and fertilizers are growing in the country. The Vietnamese government has adopted land policies to bring a shift from the collectivized state-controlled agricultural production system to one based on individual farm households in the market place. The total area of agricultural land has increased by 3.2 million hectares and the increase is largely forest land (2.9 million hectares), while the land for long-day crops, such as spinach, lettuce, and some varieties of wheat has increased by 0.27 million hectares.

Bio-insecticides is the largest and the fastest-growing segment of the biopesticides industry, and rice utilizes most of the bioinsecticides. The International Rice Research Institute (IRRI) in the past had called for a ban on certain insecticides in rice production as part of its new Action Plan to reduce planthopper damage to the rice crop in Asia, including Viet Nam. All of this has led to a shift toward increased use of bioinsecticides. The development of resistance to chemical insecticides and concerns over the deleterious effects of chemicals on environmental and human safety has provided a strong impetus for the development of microbial control agents in the integrated pest management in Vietnam.