About

Background

The global B&B market is expanding fast. The biopesticide market size is projected to reach USD10.19 billion by the end of 2025, exhibiting a compound annual global rate (CAGR) of 14.93% growth during the forecast period (2019, globenewswire.com). Similarly, the global biofertilizer market size valued at USD1.0 billion in 2019 is projected to show a CAGR of growth of 12.8% from 2020 to 2027 (2019, grandviewresearch.com). When biopesticides are integrated into conventional crop production and pest management programs, higher crop yields and quality will be achieved compared to when using chemical pesticides alone.

The growth of the B&B market is driven by organic food industry and rising demand for natural agrifood products, initiatives by government agencies for related policy development, and increasing awareness of the need for sustainability in modern agriculture. Greater knowledge of the hazards of chemical fertilizers is also accelerating the B&B market growth. The integrated use of biofertilizers and organic manure lowers the overall environmental cost of crop cultivation in the long term and contributes to cleaner production by reducing the application of synthetic chemical fertilizers. During the current COVID-19 pandemic, consumers are showing more interest in safe, organic food for boosting their immunity, a trend that will likely grow and continue during and after the pandemic.

B&B use can contribute to promoting Green Productivity and sustainability in agriculture in the Asia- Pacific region by mitigating the negative impacts of chemical fertilizers and pesticides. Based on a proposal from the ROC, the APO started the ICBB series in 2016. The conferences have covered the overall B&B use (ICBB 2016 and 2017); Novel Industry Techniques, Market Trends, and International Cooperation (ICBB 2018); and Integrated Pest Management (ICBB 2019). The fifth and final ICBB conference will focus on marketing and commercialization. The first four ICBB, along with the resources available on a platform developed by the Council of Agriculture of the ROC, contributed to greater B&B utilization in APO member countries. The 5th ICBB will review those achievements and explore how the B&B marketing and commercialization could create more business opportunities and
greater sustainability in agriculture.

Organizers

Asian Productivity Organization (APO)

Council of Agriculture (Taiwan)

China Productivity Center (Taiwan)