DUBLIN, May 26, 2015 /PRNewswire/ -- Research and Markets(http://www.researchandmarkets.com/research/4kjzm6/south_korea) has announced the addition of the "South Korea Biopesticides Market - Growth, Trends and Forecasts (2015-2020)" company profile to their offering.
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 2015-2020.
Worldwide, the pesticides industry has been witnessing a relatively steady growth, which has been primarily attributed to advancements in the Biopesticides industry.
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.
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.
Key Topics Covered:
2. Key Findings Of The Study
3. Market Overview
4. Market Dynamics
5. Market Segmentation
For more information visit http://www.researchandmarkets.com/research/4kjzm6/south_korea
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SOURCE Research and Markets