Global Biological Control Agents Market 2023-2029
Biological control agents are living organisms that are used to control the populations of pests and other harmful organisms in agriculture and other settings. These agents are usually natural predators, parasites, or pathogens that have co-evolved with their prey or host species, and have developed strategies for controlling them. According to the latest estimates, the global biological control agents market is set to achieve an incremental growth of USD 8.1 billion, accelerating at a CAGR of almost 14.97% during the forecast period 2023-2029.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global biological control agents market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, crop, target, application, and region. The global market for biological control agents can be segmented by product: microbials, macrobials. The microbials segment captured the largest share of the market in 2022. Biological control agents market is further segmented by crop: fruits and vegetables, cereals, pulses and oilseeds, others. The fruits and vegetables segment held the largest share of the global biological control agents market in 2022 and is anticipated to hold its share during the forecast period. Based on target, the biological control agents market is segmented into: arthropods, microorganisms, weeds. In 2022, the arthropods segment made up the largest share of revenue generated by the biological control agents market. On the basis of application, the biological control agents market also can be divided into: seed treatment, foliar spray, soil treatment, others. Among these, the seed treatment segment was accounted for the highest revenue generator in 2022. Biological control agents market by region is categorized into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America.
Market Segmentation
By product: microbials, macrobials
By crop: fruits and vegetables, cereals, pulses and oilseeds, others
By target: arthropods, microorganisms, weeds
By application: seed treatment, foliar spray, soil treatment, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report also provides a detailed analysis of several leading biological control agents market vendors that include BASF SE, Corteva, Inc., Syngenta AG, Nufarm Limited, Bayer AG, Biobest Group NV, AgBiome LLC, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
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