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Biocontrol agents market to achieve considerable growth in 2025, Europe to remain a dominant growth avenue

Biocontrol Agents Market

Biocontrol Agents Market

As per the reports by EU, organic farming had covered 13.36 million hectares of land in the year 2017. The organic area observed an increase of nearly 30% from the year 2012 to 2017. Consistent innovations in agriculture and increased focus on sustainable farming will bolster biocontrol agents market trends.

EU policymakers laid down strict rules concerning organic farming that compelled Europe to adopt products which complied with the regulations, making the region a profitable revenue terrain from sustainable farming and production of quality food.

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BASF SE, Novozymes A/S, Koppert Biological Systems, Cropscience Bayer AG, Syngenta AG, Biobest N.V., Valent Biosciences LLC, Andermatt Biocontrol AG, CBC EUROPE SRL, Viridaxis S.A. are the top key players in the biocontrol agents market.

In emerging countries such as India, the agriculture industry is a major contributor to economic development. Reportedly, the Gross Value Added by agriculture in the year 2019 in India amounted to around USD 265.51 billion. Moreover, the total agriculture exports from India were valued at USD 38.54 billion during the fiscal year 2019.
Restrictions on the use of chemical pesticides

One of the main reasons behind the expansion of biocontrol agents market size is the harmful impact of chemical agents on the quality of the soil. The governments and other related authorities have imposed restrictions on the use of chemical pesticides, subsequently amplifying the adoption of biocontrol agents.

The European Food Safety Agency has banned the use of chemicals containing chlorpyrifos which is widely used in farming. The chemical is known to cause serious harm to human health. Eight EU countries have banned the use of chlorpyrifos in agriculture.

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Global Market Insights, Inc.
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About Global Market Insights

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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