PUBLISHER: BIS Research | PRODUCT CODE: 1556451
PUBLISHER: BIS Research | PRODUCT CODE: 1556451
Asia-Pacific Biopesticides and Biofertilizers Market: Focus on Crop Type, Product Type, Source, Formulation, and Country - Analysis and Forecast, 2023-2033
Introduction to Asia-Pacific Biopesticides and Biofertilizers Market
The Asia-Pacific biopesticides and biofertilizers market was valued at $1.29 billion in 2023, and it is expected to grow at a CAGR of 14.21% and reach $4.87 billion by 2033. Biopesticides and biofertilizers provide a number of advantages over conventional chemical inputs in the APAC region, and they have the potential to completely change agricultural practices. These bio-based substitutes can lessen soil erosion and pollution linked to conventional farming while using fewer resources. According to research, using sustainable production methods for biopesticides and biofertilizers may significantly lessen their negative effects on the environment, possibly even resulting in a decrease in greenhouse gas emissions. Furthermore, by reducing the use of antibiotics, the use of bio-based solutions may reduce the risk of foodborne illnesses and foster healthier ecosystems. Biopesticides and biofertilizers are well-positioned to play a crucial role in promoting ecologically friendly farming practices as the demand for sustainable agriculture grows in Asia-Pacific.
Market Introduction
| KEY MARKET STATISTICS | |
|---|---|
| Forecast Period | 2023 - 2033 |
| 2023 Evaluation | $1.29 Billion |
| 2033 Forecast | $4.87 Billion |
| CAGR | 14.21% |
The market for biopesticides and biofertilizers in the Asia-Pacific area is expanding significantly due to the region's growing need for sustainable farming methods. Growing environmental concerns about the effects of chemical pesticides and fertilizers are pushing farmers and agribusinesses to use bio-based alternatives that provide sustainable solutions for soil health and crop protection. Biofertilizers, which encourage plant growth through natural nutrient cycling, and biopesticides, which are derived from natural organisms, are becoming essential tools in the fight against chemical dependency.
To encourage the transition to organic farming and sustainable agriculture, governments throughout Asia-Pacific are enacting laws and offering incentives to encourage the use of biopesticides and biofertilizers. These bio-based products are especially desirable because they increase crop yields and decrease pollution, greenhouse gas emissions, soil degradation and maintaining long-term soil fertility. Additionally, increasing consumer demand for organic and chemical-free produce is pushing the market's expansion.
Technological advancements in microbial formulations and the development of more effective biopesticides and biofertilizers are further boosting adoption across the region. As APAC continues to prioritize environmental sustainability and food security, the biopesticides and biofertilizers market is set for robust growth, offering significant opportunities for innovation and investment.
Market Segmentation
Segmentation 1: by Crop Type
- Cereals and Grains
- Oilseeds and Pulses
- Fruits and Vegetables
- Others
Segmentation 2: by Product Type
- Biofertilizers
- Nitrogen Fixing
- Phosphate Stabilizers
- Others
- Biopesticides
- Bioinsecticides
- Biofungicides
- Bioherbicides
- Others
Segmentation 3: by Source
- Microorganism
- Bacteria
- Fungi
- Others
- Plant-Incorporated Protectants
- Biochemical
Segmentation 4: by Formulation
- Liquid
- Solid
Segmentation 5: by Country
- China
- Japan
- Australia and New Zealand
- India
- Indonesia
- Rest-of-Asia-Pacific
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader understand the different applications of the biopesticides and biofertilizers available based on crop type (cereals and grains, oil seeds and pulses, fruits and vegetables, and others), product type (biofertilizers (nitrogen fixing, phosphate stabilizers, and others) and (biopesticides (bioinsecticides, biofungicides, bioherbicides, and others)), source (microorganism (bacteria (Rhizobium, Azotobacter, Azospirillum, and others), fungi, and others), plant-incorporated protectants, and biochemical) formulation (solid and liquid). The market is poised for significant expansion with ongoing technological advancements, increased investments, and growing awareness of biopesticides and biofertilizers. Therefore, the biopesticides and biofertilizers market is a high-investment and high-revenue generating model.
Growth/Marketing Strategy: The Asia-Pacific biopesticides and biofertilizers market has been growing at a rapid pace. The market offers enormous opportunities for existing and emerging market players. Some of the strategies covered in this segment are mergers and acquisitions, product launches, partnerships and collaborations, business expansions, and investments. The strategies preferred by companies to maintain and strengthen their market position primarily include product development and partnerships and collaborations.
Competitive Strategy: The key players in the Asia-Pacific biopesticides and biofertilizers market analyzed and profiled in the study include biopesticides and biofertilizers manufacturers. Additionally, a comprehensive competitive landscape such as partnerships, agreements, and collaborations are expected to aid the reader in understanding the untapped revenue pockets in the market.
Key Market Players and Competition Synopsis
The companies in the biopesticides and biofertilizers market that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.
Some of the prominent names in the market are:
- UPL
- T.Stanes and Company Limited
- AgriLife (India) Private Limited
- Gujarat State Fertilizers & Chemicals Limited (GSFC)
Table of Contents
Executive Summary
Scope and Definition
1 Markets
- 1.1 Trends: Current and Future Impact Assessment
- 1.1.1 Trends: Overview
- 1.1.2 Rising Investments in Bio-Agriculture
- 1.1.3 Increasing Usage of Liquid Biofertilizers and Biopesticides as a Sustainable Solution for Agriculture
- 1.2 Supply Chain Overview
- 1.2.1 Value Chain Analysis
- 1.2.2 Pricing Forecast
- 1.3 Research and Development Review
- 1.3.1 Patent Filing Trend (by Product Type and Country)
- 1.4 Regulatory Landscape
- 1.5 Market Dynamics Overview
- 1.5.1 Market Drivers
- 1.5.1.1 Increase in Demand for Organic Food Due to Growing Awareness of the Adverse Impacts of Chemical Pesticides and Fertilizers on Human Health and Environment
- 1.5.1.2 Government Mandates and Phase-Out of Key Chemical Active Ingredients
- 1.5.2 Market Challenges
- 1.5.2.1 Technological Limitations for the Use of Biological Products
- 1.5.2.2 Preference for Chemical Pesticides among Farmers
- 1.5.3 Market Opportunities
- 1.5.3.1 Growth Opportunities in Developing Regions such as Asia-Pacific and Rest-of-the-World
- 1.5.3.2 Adoption of Nano-Biopesticides and Cutting-Edge Genetic Engineering Technology
- 1.5.1 Market Drivers
2 Regions
- 2.1 Regional Summary
- 2.2 Drivers and Restraints
- 2.3 Asia-Pacific
- 2.3.1 Regional Overview
- 2.3.2 Driving Factors for Market Growth
- 2.3.3 Factors Challenging the Market
- 2.3.4 Application
- 2.3.5 Product
- 2.3.6 China
- 2.3.7 Japan
- 2.3.8 Australia and New Zealand
- 2.3.9 India
- 2.3.10 Indonesia
- 2.3.11 Rest-of-Asia-Pacific
3 Markets - Competitive Benchmarking & Company Profiles
- 3.1 Next Frontiers
- 3.2 Geographic Assessment
- 3.2.1 UPL
- 3.2.1.1 Overview
- 3.2.1.2 Top Products/Product Portfolio
- 3.2.1.3 Top Competitors
- 3.2.1.4 Target Customers
- 3.2.1.5 Key Personnel
- 3.2.1.6 Analyst View
- 3.2.1.7 Market Share
- 3.2.2 T.Stanes and Company Limited
- 3.2.2.1 Overview
- 3.2.2.2 Top Products/Product Portfolio
- 3.2.2.3 Top Competitors
- 3.2.2.4 Target Customers
- 3.2.2.5 Key Personnel
- 3.2.2.6 Analyst View
- 3.2.2.7 Market Share
- 3.2.3 AgriLife (India) Private Limited
- 3.2.3.1 Overview
- 3.2.3.2 Top Products/Product Portfolio
- 3.2.3.3 Top Competitors
- 3.2.3.4 Target Customers
- 3.2.3.5 Key Personnel
- 3.2.3.6 Analyst View
- 3.2.3.7 Market Share
- 3.2.4 Gujarat State Fertilizers & Chemicals Limited (GSFC)
- 3.2.4.1 Overview
- 3.2.4.2 Top Products/Product Portfolio
- 3.2.4.3 Top Competitors
- 3.2.4.4 Target Customers
- 3.2.4.5 Key Personnel
- 3.2.4.6 Analyst View
- 3.2.4.7 Market Share
- 3.2.1 UPL
4 Research Methodology
- 4.1 Data Sources
- 4.1.1 Primary Data Sources
- 4.1.2 Secondary Data Sources
- 4.1.3 Data Triangulation
- 4.2 Market Estimation and Forecast
List of Figures
- Figure 1: Asia-Pacific Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022, 2026, and 2033
- Figure 2: Asia-Pacific Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022, 2026, and 2033
- Figure 3: Asia-Pacific Biopesticides and Biofertilizers Market (by Source), $Million, 2022, 2026, and 2033
- Figure 4: Asia-Pacific Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022, 2026, and 2033
- Figure 5: Biopesticides and Biofertilizers Market, Recent Developments
- Figure 6: Supply Chain and Risks within the Supply Chain
- Figure 7: Patent Analysis (by Product Type), January 2020-December 2023
- Figure 8: Patent Analysis (by Country), January 2020-December 2023
- Figure 9: Impact Analysis of Market Navigating Factors, 2023-2033
- Figure 10: Pesticide Consumption (by Country), Kiloton, 2020
- Figure 11: China Biopesticides and Biofertilizers Market, $Million, 2022-2033
- Figure 12: Japan Biopesticides and Biofertilizers Market, $Million, 2022-2033
- Figure 13: Australia and New Zealand Biopesticides and Biofertilizers Market, $Million, 2022-2033
- Figure 14: India Biopesticides and Biofertilizers Market, $Million, 2022-2033
- Figure 15: Indonesia Biopesticides and Biofertilizers Market, $Million, 2022-2033
- Figure 16: Rest-of-Asia-Pacific Biopesticides and Biofertilizers Market, $Million, 2022-2033
- Figure 17: Strategic Initiatives, 2020-2023
- Figure 18: Share of Strategic Initiatives
- Figure 19: Data Triangulation
- Figure 20: Top-Down and Bottom-Up Approach
- Figure 21: Assumptions and Limitations
List of Tables
- Table 1: Market Snapshot
- Table 2: Biopesticides and Biofertilizers Market, Opportunities across Regions
- Table 3: Pricing Analysis (by Product Type), $/Kg, 2022-2033
- Table 4: Biopesticides and Biofertilizers Market (by Region), $Million, 2022-2033
- Table 5: Asia-Pacific Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
- Table 6: Asia-Pacific Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
- Table 7: Asia-Pacific Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
- Table 8: Asia-Pacific Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
- Table 9: China Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
- Table 10: China Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
- Table 11: China Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
- Table 12: China Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
- Table 13: Japan Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
- Table 14: Japan Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
- Table 15: Japan Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
- Table 16: Japan Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
- Table 17: Australia and New Zealand Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
- Table 18: Australia and New Zealand Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
- Table 19: Australia and New Zealand Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
- Table 20: Australia and New Zealand Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
- Table 21: India Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
- Table 22: India Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
- Table 23: India Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
- Table 24: India Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
- Table 25: Indonesia Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
- Table 26: Indonesia Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
- Table 27: Indonesia Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
- Table 28: Indonesia Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
- Table 29: Rest-of-Asia-Pacific Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
- Table 30: Rest-of-Asia-Pacific Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
- Table 31: Rest-of-Asia-Pacific Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
- Table 32: Rest-of-Asia-Pacific Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
- Table 33: Market Share
