Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Biological agriculture is a method of environment friendly farming that does not make usage of fertilizers or pesticides. Moreover, biological farming is defined as manufacturing system dependent on rotation on crops and reprocessing of crop residues and animal manure. In addition to this, it knows the requirement of balanced relationship between aspects of the land, particularly, physical features, chemical nutrients, and biological facades for sustainment of life on the earth.
The growing awareness among the farmers concerning the benefits of biologicals has increased the demand for agricultural biologicals. They are used as a replacement for toxic fertilizers and pesticides. An increasing demand for organic food products is the main driver for organic farming, thus, boosting the demand for agricultural biologicals.
The exclusive COVID 19 impact analysis provides an analysis of micro and macro-economic factors on the agriculture Asia Pacific biologicals market. Also, complete analysis of changes on healthcare expenditure, economic and international policies on supply and demand side. The report also studies the impact of the pandemic on global economies, international trade, business investments, GDP, and marketing strategies of key players present in the market.
The study analyses the Asia Pacific Agriculture Biologicals Market based on type, source, mode of application, application, and geography.
The various agricultural biologicals studied are biopesticides, biocontrol, biofertilizers and bio stimulants. The biocontrol segment held the lion’s share in the market. The increased instances of pest infestations on major crops, such as corn, wheat, rice, and sugarcane, is one of the main factors for the dominance of biocontrol products in agricultural biologicals market. Biocontrol methods are cost-effective, dissimilar their chemical counterparts, and are effective in micro quantities.
Microbials and biochemicals are the sources of agriculture biologicals market. The microbials segment hold the largest market share in term of revenue. The practice of microbials does not need the user to have specific technical knowledge and high-end distribution logistics such as macrobials. This aspect has led to a higher acceptance of microbial solutions than any other type of agricultural biologicals among growers.
The market finds application into cereals & grains, oilseeds & pulses, fruits & vegetables. The fruits & vegetables segment dominates the market, by mode of application. The usage of bio stimulants increases the shelf life of crops, such as grapes, tomatoes, apples, and mangoes.
The agricultural biologicals are applied through foliar sprays, soil treatment, and seed treatment. The foliar segment is projected to be the fastest growing segment of the market. The foliar spray straight affects the leaf, which helps in the easy absorption of nutrients and trace elements. Farmers in the Asia Pacific region generally prefer foliar sprays over soil treatment owing to their cost.
Asia Pacific agriculture equipment market is studied across the India, China, Japan, and the Rest of APAC. China and India collectively account for 60% of farm equipment share in the Asia-Pacific region. The demand for farm mechanization in China and India has been continuously growing at a significant rate.
The key competitor of the market includes UPL, Advanta India, biotech international, KN Biotech, Arysta LifeScience Corporation, Valagro, Biolchim SPA, JK Agri-Genetics, Nunhems Seeds, Sungro Seeds, Koppert B.V, Mahyco Monsanto, among others.
The study analyses the Asia Pacific Agriculture Biologicals Market based on type, source, mode of application, application, and geography. The various agricultural biologicals are biopesticides, biocontrol, biofertilizers and bio stimulants. The biocontrol segment held the lion’s share in the market. Microbials and biochemicals are the sources of agriculture biologicals market. The microbials segment hold the largest market share in term of revenue. The market finds application into cereals & grains, oilseeds & pulses, fruits & vegetables. The fruits & vegetables segment dominates the market, by mode of application. These biologicals are applied through foliar sprays, soil treatment, and seed treatment. The foliar segment is projected to be the fastest growing segment of the market. Asia Pacific agriculture equipment market is studied across the countries of India, China, Japan, and the Rest of APAC.
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