Vietnam Biopesticides Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2025 Biopesticides Market report contains a forecast of the next 5 years, starting 2019 and ending 2025 with a host of metrics like supply-demand ratio, Biopesticides market frequency, dominant players of Biopesticides market, driving factors, restraints, and challenges. The report also contains market revenue, sales, Biopesticides production and manufacturing cost that could help you get a better view on the market. The Report Focuses on the key Vietnam Biopesticides manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
The Vietnamese biopesticides market was valued at USD 26.45 million in the year 2018 and is expected to register a CAGR of 16.43%, during the forecast period (2019-2024).
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Increase in Arable Land
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 to Dominate the Biopesticides Market by Type
Bio-insecticides is the largest and the fastest growing segment of the biopesticides industry, and rice utilizes most of the bioinsecticides. The segment accounts for 91.2% of the biopesticides market share and the market is expected to reach USD 60.61 million by 2024. 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. Development of resistance to chemical insecticides and concerns over the deleterious effects of chemicals on environmental and human safety have provided a strong impetus for the development of microbial control agents in the integrated pest management in Vietnam.
Regional Analysis For Biopesticides Market:
For comprehensive understanding of market dynamics, the Vietnam Biopesticides market is analyzed across key geographies namely: North America (Vietnam Canada, Mexico), Europe (Germany, UK, France, Rest of Europe), Asia Pacific (China, Japan, Vietnam Rest of Asia Pacific), Vietnam (Vietnam, Argentina, Rest of Vietnam) And Rest of the World.
The report has 150 tables and figures browse the report description and TOC:
TABLE OF CONTENT:
- Industry Overview of IP67 Connectors
- Vietnam Biopesticides Competition Analysis by Players
- Company (Top Players) Profiles
- Vietnam Biopesticides Market Size by Type and Application (2013-2019)
- Market Forecast by Regions, Type and Application (2019-2025)
- Biopesticides Market Dynamics
- Market Effect Factors Analysis
- Research Finding/Conclusion
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a Vietnam and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Vietnam Biopesticides Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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