Asia Pacific Turf and Ornamental Crop Protection Market: Estimation, Dynamics, Country Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

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Asia Pacific Turf and Ornamental Crop Protection Market: Type of Grass (Turf Grass (Rye Grass, Blue Kentucky Grass, Zoysia Grass, Tall Fescue, Bermuda Grass, and Other Turf Grass), Ornamental Grass (Feather Reed Grass, Fountain Grass, Fibre Optic Grass, Ravenna Grass, Purple Millet, and Other Ornamental Grass), Origin (Organic and Synthetic), By Product Type (Insecticide, Fungicide, Herbicide, and Others), Mode of Application (Soil Treatment and Foliar Spray), and  Region

 

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Report

Description

Asia Pacific Turf And Ornamental Crop Protection Market was valued at USD 810.2 million in 2021, growing at a high CAGR of 5.3% from 2022 to 2028 to reach USD 1,159.2 million by 2028. Factors such as crop protection product toxicity, environmental friendliness, innovative production practices, new product offerings, increased availability, and the emergence of new pests have all contributed to the use of pesticides becoming a common practice in countries such as India, China, and other less developed countries in the region. Rising technology and advancements in agriculture chemistry have made pest management easier for farmers, and rising awareness about pesticides has not only increased the use of pesticides. Still, it has also increased the use of pesticides for crop protection, such as turf and ornamental, which drives the market in the region. Crop protection refers to various chemicals used to control and maintain grass and ornamental plants, including fungicides, insecticides, herbicides, nematicides, and molluscicides, among others. However, Pesticides are becoming more expensive. One of the most significant costs for a pesticide company is the development and certification of an active pesticide ingredient that hampers the turf and ornamental crop protection market in the Asia Pacific region. The turf and ornamental crop protection market is surging owing to frequent acquisitions and launchings by the market players. Strategic alliances by the players, such as acquisitions, mergers, expansions, and new product launches, may enhance the company’s growth. For instance, In March 2022, BASF SE launched the open innovation platform AgroStart to inspire new digital solutions for agriculture.

Key Developments:

In June 2018, BASF received the first global registrations in Australia and India for the new active ingredient, “Inscalis insecticide.” The active ingredient was discovered by the Japanese companies Meiji Seika Pharma Co. Ltd. (Meiji) and the Kitasato Institute. Installs insecticide’s unique mode of action provides a precise solution for controlling piercing-sucking pests.

Asia Pacific Turf and Ornamental Crop Protection Market

MARKET SUMMARY
-
13.3%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 5.3%

Asia Pacific Turf and Ornamental Crop Protection

  • The asia pacific turf and ornamental crop protection market report gives comprehensive outlook with special emphasis on key regions such as Japan, China, India, Australia & New Zealand, ASEAN, South Korea, Rest of Asia-Pacific.
  • The report on asia pacific turf and ornamental crop protection market gives historical, current, and future market sizes (US$ Mn) on the basis of type of grass, origin, product type, mode of application, and geography.
Key Players
  • DuPont
  • FMC Corporation.
  • Nufarm Ltd
  • Sumitomo Chemical Co., Ltd.
  • Ishihara Sangyo Kaisha
Asia Pacific Turf and Ornamental Crop Protection Market Analysis

In 2021, herbicides will have a market revenue share of 25.5%, and from 2022 to 2028, it is predicted to increase at a CAGR of 5.6%. A surge in population and rise in disposable income of a developing region increases the demand for herbicides. Blue Kentucky Grass has a market share of 21.2% and is expected to increase at a CAGR of 5.1% in the future years. The organic origin segment has a market share of 18.3% and is expected to increase at a CAGR of 4.9% in the coming years.


Asia Pacific Turf and Ornamental Crop Protection Market

India is predicted to have the largest share of the turf and ornamental crop protection market by 2028, and it is expected to grow rapidly in the following years. Prices for food and turf grasses are expected to rise because of increased demand and shifting factors related to acres and supply. Increasing the use of agrochemicals such as pesticides, fertilizers, and other such products is increasing agricultural throughput, despite the restricted quantity of arable land, as well as increasing exports, floriculture growth, and public awareness about pesticides and biopesticides drives the market in the region.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The asia pacific turf and ornamental crop protection market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Asia Pacific Turf and Ornamental Crop Protection Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The asia pacific turf and ornamental crop protection market is projected to expand at a CAGR of 5.3% during the forecast period.

Bayer AG, BASF SE, ADAMA Ltd., Syngenta Crop Protection AG, DuPont, FMC Corporation.

The asia pacific turf and ornamental crop protection market segmented based on type of grass, origin, product type, mode of application, and country.


Report

Table Of Content


Report

Company Profile

  • Bayer AG
  • BASF SE
  • ADAMA Ltd.
  • Syngenta Crop Protection AG
  • DuPont
  • FMC Corporation.
  • Nufarm Ltd
  • Sumitomo Chemical Co., Ltd.
  • Ishihara Sangyo Kaisha
  • Arysta LifeScience

Description

Asia Pacific Turf And Ornamental Crop Protection Market was valued at USD 810.2 million in 2021, growing at a high CAGR of 5.3% from 2022 to 2028 to reach USD 1,159.2 million by 2028. Factors such as crop protection product toxicity, environmental friendliness, innovative production practices, new product offerings, increased availability, and the emergence of new pests have all contributed to the use of pesticides becoming a common practice in countries such as India, China, and other less developed countries in the region. Rising technology and advancements in agriculture chemistry have made pest management easier for farmers, and rising awareness about pesticides has not only increased the use of pesticides. Still, it has also increased the use of pesticides for crop protection, such as turf and ornamental, which drives the market in the region. Crop protection refers to various chemicals used to control and maintain grass and ornamental plants, including fungicides, insecticides, herbicides, nematicides, and molluscicides, among others. However, Pesticides are becoming more expensive. One of the most significant costs for a pesticide company is the development and certification of an active pesticide ingredient that hampers the turf and ornamental crop protection market in the Asia Pacific region. The turf and ornamental crop protection market is surging owing to frequent acquisitions and launchings by the market players. Strategic alliances by the players, such as acquisitions, mergers, expansions, and new product launches, may enhance the company’s growth. For instance, In March 2022, BASF SE launched the open innovation platform AgroStart to inspire new digital solutions for agriculture.

Key Developments:

In June 2018, BASF received the first global registrations in Australia and India for the new active ingredient, “Inscalis insecticide.” The active ingredient was discovered by the Japanese companies Meiji Seika Pharma Co. Ltd. (Meiji) and the Kitasato Institute. Installs insecticide’s unique mode of action provides a precise solution for controlling piercing-sucking pests.

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