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Biocontrol Agents Market trends over 2019-2025 | Key Players like BASF, Syngenta Ag, Biobest N.V., Novozymes, Andermatt Biocontrol AG, Valent Bioscience
Biocontrol Agents Market
These agents depict higher yield and provide better crop agility that ensures the protection of crops against plant pathogens and insects, encouraging its demand and inducing product penetration in developing nations. Biocontrol agents market size from on-field application segment is anticipated to hold more than 40% of global share by 2025.
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Increasing demand for food products owing to the rise in population will positively influence global biocontrol agents market share, along with surging awareness regarding the use of environment-friendly fertilizers. These agents are known to replace chemical agents for reducing the levels of soil and water pollution. Numerous cases of diseased crops or lower farming output have been observed worldwide which have been attributed to low quality soil.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. BASF
2. Syngenta Ag
3. Cropscience Bayer Ag
4. Biobest N.V.
5. Novozymes
6. Koppert Biological Systems
7. Andermatt Biocontrol AG
8. Valent Bioscience Ag
Growing rate of conservation and recycling of natural resources in organic farming will complement biocontrol agents businesses in the coming years. Biocontrol agents market is forecast to surpass USD 7.5 billion globally by 2025. At present, sustainable agriculture is a major concern, considering both demographics of the world as well as crop productivity based on chemical control. In an effort to protect several varieties of crops such as cereals, grains, pulses, vegetables and fruits from pests and other herbivore organisms, biocontrol agents are used on a large scale.
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Biocontrol agents market size from fruits & vegetables application segment is anticipated to exceed USD 3.1 billion by the year 2025. Higher consumption of packaged food and beverage products is expected to substantially boost fruit and vegetable farming.
Followed by Asia Pacific region, Europe and North America are the major regional grounds for biological control market. The region may create lucrative scope for biological agent manufacturers owing to the presence of many R&D firms, growing demand for organic farm products and high capital investments. Another major reason for large scale product utilization is the vast amount of urban population looking for crop protection technologies.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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