(Australia-NewsWire.Com, September 23, 2017 ) According to the report Asia-Pacific Agricultural Biologicals Testing Market By Product Type (Bio Stimulants, Biofertilizers, Bio Pesticides), Application (Regulatory, Analytical, Field Support), End User (Government Agencies, Biological Product Manufacturers, Other End Users), And Region Industry Analysis, Share, Size, Growth, Trends, And Forecasts (2016-2021) report by Market Data Forecast, the Asia-Pacific Agricultural Biologicals Testing Market has been estimated at USD 0.15 billion in 2016 and is projected to reach USD 0.25 billion by 2021, at a CAGR of 10.7 % during the forecast period from 2016 to 2021. The Agricultural Biologicals Testing market is showcasing significant potential in the mentioned forecast period.
Agricultural biologicals are typically topical or seed treatment products produced using or containing natural materials, which can complement or replace Agricultural chemical products. They shield crops from pest, weeds and sicknesses and keep crops Healthy. Biological Testing means to find efficacy, toxicity, stability and concentrations of natural materials before letting them into the field.
Some of the factors like high production of organic crops, use of stringent regulation policies in agriculture, and increased expenditure on R&D by biological product manufacturers are primarily driving the growth of the market.
The Asia-Pacific Agricultural Biologicals Testing Market is categorized on the basis of product type, application and end user. The market segmentation based on product type is done into Bio stimulants, Biofertilizers, Bio pesticides. The market share is led by biopesticides due to the shift in use towards these products from hazardous agrochemicals. Based on application, the market is segmented into Regulatory, Analytical, Field Support. On the basis of End user, market is segmented into Government Agencies, Biological Product Manufacturers, Other End users. On the basis of geography, the Asia-Pacific market is analyzed under various regions namely China, India, Australia, Japan and South Korea.
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