Press release
Biological Control Market 2022 Leading Competitors, Regional Trends and Growth Trends 2030.
The Global Biological Control Market is expected to grow at a considerable rate by 2030, with a growing CAGR (Compound annual growth rate) of 14.7% over 2022-2030.Global Biological Pest Control Market includes data on the market's size, trends, growth, cost structure, capacity, revenue. This research also contains a comprehensive analysis of the market share for biological pest control, taking into account all factors driving market growth. This study provides data for developing plans to boost the growth and effectiveness of the Biological Pest Control market. It is an extensive quantitative analysis of the business. The paper looks into and evaluates the business environment in more detail, as well as the effects of COVID-19 now and in the future on the market for biological pest control.
The market for biological control has been negatively impacted by the COVID-19 epidemic. The accessibility and availability of biological control agents in the market have diminished as a result of travel bans and lockdowns around the world. Due to a dearth of skilled workers, a scarcity of raw resources, and slow or nonexistent transportation, production efficiency is constrained. The few key market factors that are accelerating the sale of biologicals are the expanding area under organic production, laxer restrictions, and rising demand for food security.
The shorter product shelf life and poor farmer awareness are expected to impede market expansion, though. Approximately 65.0% of the market in 2019 was accounted for by microbes. Due to the growing usage of microbes in numerous applications, including seed treatment, on-field, and post-harvest uses, microbials are predicted to develop more quickly. Both North America and Europe serve as the key markets for biological controls as a result of their farmers' quicker adoption of biological controls. Due to the simple product registration and cheap capital investment requirements, which make it simple for new competitors to enter the market, the global biological control market is anticipated to be fragmented throughout the projected period.
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Growing Organic Agriculture will aid the market
One distinctive and quickly expanding area of the food industry is organic farming. The expansion of biopesticides is influenced by a number of factors that alternately drive and restrict it, as is the case with every growing technology approach. Globally, the area used for organic farming is expanding quickly.
Increasing area under organic cultivation will drive the market expansion
Less restrictive laws, a growing need for food security, and expanding organic farming are just a few of the key market factors supporting the sale of biologicals. However, the product's short shelf life and farmers' lack of awareness are expected to restrain market expansion. Due to the rising use of microbials in numerous applications, including seed treatment, on-field, and post-harvest uses, microbials now have the highest position in the market, accounting for over 65.0% in 2019. Microbials are also predicted to rise at a quicker rate in the coming years.
Global Biological Control Market- Segmental assessment
By type
• Conservation
• Classical biological control
• Augmentation
• Others
By target pets
• Arthropods
• Weeds
• microorganism
• Others
By application
• Seed treatment
• On-field
• Post-harvest
• Others
Global Biological Control Market- Competitive landscape
The prominent companies defining the competitive terrain of this marketplace are ROVENSA, S.A., Bayer AG, Isagro SpA, Marrone Bio Innovations, Inc., Syngenta AG, Andermatt Biocontrol AG, and others.
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Major questions answered in this report:
What is the CAGR rate for Global Biological Control Market over 2022-2030?
What are the major drivers which aid the Global Biological Control Market?
What are the segments of the Global Biological Control Market?
Which is the fastest growing region in the Global Biological Control Market?
What are some major strategies used by top players for the expansion of their business in the Global Biological Control Market?
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