The biocontrol agent market is anticipated to grow at a CAGR of 9% during the forecast period. Biocontrol agents are used for pest management in the agriculture fields. The usage of biocontrol agents is increasing constantly owing to the fact that it causes less environmental side effects. The changing trend toward non-chemical pest control is a key factor for the growth of the biocontrol agent market during the forecast period. The biocontrol agents are specific with their target pests, unlike chemicals they do not kill the beneficial bacterial. Hence, the adoption of biocontrol agents will be high which in turn will impact the biocontrol agent industry.
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However, the action of biocontrol agents is very slow in comparison to chemical control which can restrict the framers to switch to biocontrol usage. In addition, sometimes there is a risk of biocontrol agents itself becoming a pest. Additionally, there are also several other associated risks such as a rise in the introduced predator’s population, and these predators may not stay in the target area and many more. All these factors are anticipated to present restraint for the biocontrol agent market growth during the forecast period.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Biocontrol Agents Market by Active Substance
- Microbials
- Macro-organisms
Global Biocontrol Agents Market by Target Pest
- Arthropods
- Weeds
- Micro-Organisms
Global Biocontrol Agents Market by Application
- Seed Treatment
- On-field
- Post-Harvest
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Andermatt Biocontrol AG
- BASF SE
- Bayer CropScience Ltd.
- Biobest Group NV
- CBC (Europe) S.r.l.
- Certis USA L.L.C.
- Hansen Holding A/S
- Corteva Agriscience
- Isagro S.p.a.
- Koppert Biological Systems
- Lallemand Inc.
- Manidharma Biotech Private Ltd.
- Marrone Bio Innovations, Inc.
- Novozymes A/S
- Syngenta AG
- The Monsanto Co.
- Valent BioSciences LLC
- Verdesian Life Sciences, LLC
- Vestaron Corp.
- Viridaxis SA
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global biocontrol agent market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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