Asia Pacific Biorational Market

Asia Pacific Biorational Market Size (2024 to 2029):

Asia Pacific's biorational market is expected to reach USD 1.48 billion in 2024 and reach USD 4.05 billion by 2029, growing at a CAGR of 22.3% from 202 to 2029.

Biorationals are biological based insecticides which cause minimum harm to crops and insects. These products are widely used in structural pest control, agriculture, public health, forestry, turf, aquaculture, and home and garden. Use of environmental pest control technologies helps the end users to achieve agriculture sustainability and it maximizes the quality of crops.

Increasing demand for low-priced and high-quality organic commodities from India and China has urged crop producers to enhance productivity and minimize losses associated with pests. This has urged various agro-producers to adopt biorationals that enhance the crop yield, thereby boosting the market. Many conventional pesticides are being withdrawn from the market due to their harmful effects, which in turn is driving the growth of the biorational market. There has been a rise in the demand for organic food products, which has fueled the growth of the market. However, people are still not aware of the biorational products and their usage, which might be a hindrance to the growth of the market.

This research report on the Asia Pacific biorational market is segmented and sub-segmented into the following categories.

Asia Pacific Biorational Market - By Product:

• Botanical products
• Microbial pesticides
• Semi chemicals
• Other bio-rational products

Asia Pacific Biorational Market - By Crop Type:

• Grains& oil seeds
• Fruits& vegetables
• Other crops

Asia Pacific Biorational Market - By Method of Propagation:

• Foliar Spray
• Seed Treatment
• Soil Treatment
• Others

Asia Pacific Biorational Market – By Country:

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest of APAC

Asia Pacific region is expected to register the highest CAGR. Biorational demand in Asia Pacific is characterized by slow growth, mainly due to high demand for the low price and efficient synthetic pesticides. India and China are dominating the market in this region.

KEY MARKET PLAYERS:

Some of the key players dominating the market are Koppert B.V., Marrone Bio Innovations, Monsanto Company, The Dow Chemical Company, Gowan Company LLC, Valent U.S.A. Corporation, Russell IPM limited, Agralan limited, Monsanto Company, Gowan Company LLC, Suttera, Syngenta, BASF SE, Isagro S.P.A, and Bayer AG.