Biocontrol Agents Market Size by Key Players: Novozymes, Koppert Biological Systems, Marrone BioInnovations Inc., BASF SE, Croppscience Bayer AG, Syngenta AG, Biobest N.V.

Biocontrol agents market segmented based on crop which includes cereals & grains, fruits & vegetables, pulses and others. Fruits & vegetables has attained the highest market size over the past many years owing to higher demand across the globe. In addition, prevailing demand for cereals & grains primarily in Asia Pacific is expected to drive the biocontrol agents market size during the forecast period.

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Global Biocontrol Agents Market size is escalating and is anticipated to attain a healthy CAGR during the forecast period. Prevailing diseases hinder the quality and plant production which is usually controlled by using chemical agents including herbicides and pesticides. However, pests have attained resistance against pesticides due to consistent use for an extended period.

Increasing awareness among consumers for using contamination free food has developed organic substitutes in the market to inhibit the pest’s growth. They have the tendency to replace chemical agents use leading to decreasing emissions in the environment and henceforth resulting in lesser soil and water pollution. Prolonged use of pesticides and herbicides also impacts the soil fertility. It is likely to have positive influence on the industry share over the projected timeframe.

The product comprises of organisms that assist the farmers in pest control to improve the crop productivity. They are capable of combating with a wide variety of pests including arthropods, weed killers and microorganisms. They are extensively employed to control pest in fruits & vegetables, cereals, pulses fields, etc. Furthermore, the product has wide-ranging applications including seed treatment, on-field application and post-harvest. Flexibility in using the product to control pest in fields is expected to drive biocontrol agents market size by 2024.

Unawareness of product amongst the key consumers in the market is likely to hamper the biocontrol agents market size in the coming years. Furthermore, sufficient availability of other effective pest control methods has disrupted the reach of product to its potential customers, which is expected to hinder the biocontrol agents market size by 2024. However, stringent regulations imposed by government to reduce chemical agents use for pest control owing to its adverse impact on environment such as decreasing soil fertility and toxic emissions release into water. It is probable to generate plentiful opportunities for biocontrol agents market size over the projected timespan.

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Based on application, the biocontrol agents market size is divided into seed treatment, on-fields application and post-harvest. Extensive use of product at every stage of crop production to enhance productivity is expected to positively influence the biocontrol agents market size in the coming future.

North America holds the highest business share due to necessary awareness and acceptance amongst farmers which is anticipated to stimulate the biocontrol agents market size during the forecast period. Europe industry share is expected to propel significantly owing to stringent regulations imposed by European Commission regarding chemical pesticides use and subsequently encouraging product demand to reduce hazardous environmental implications.

Key global biocontrol agents market size contributors are Novozymes, Koppert Biological Systems, Marrone BioInnovations Inc., BASF SE, Croppscience Bayer AG, Syngenta AG, Biobest N.V., Monsanto Company Inc., Certis USA LLC and Andermatt Biocontrol AG. Most of the industry players have presence across multiple stages of industry ecosystem. For instance, Koppert Biological Systems is effectively engaged in manufacturing and distribution of product across the globe.

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