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Biocontrol Global Market 2023 - Growth Analysis, Business Opportunities, Future Trends, Developments And Forecast To 2032
Biocontrol Market
Biocontrol Market Size, Growth Rate, And Forecast
The global biocontrol market size is expected to grow from $5.14 billion in 2022 to $6.03 billion in 2023 at a compound annual growth rate (CAGR) of 17.39%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The global biocontrol market size is expected to reach $11.20 billion in 2027 at a CAGR of 16.74%.
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Biocontrol Market Drivers
The rising incidence of pest infestations is expected to propel the growth of the biocontrol market going forward. Pest infestation refers to the presence and rapid multiplication of pests that pose a threat to crops, livestock, or other organisms. The rising incidence of pest infestations is mostly driven by intensive agriculture, urbanization, climate change, ineffective pest management practices, and rapid changes in land use, where biocontrol products are designed to control pests by managing pest populations more sustainably.
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Biocontrol Market Segments
• By Biopesticides: Bioinsecticides, Biofungicides, Bionematicides, Bioherbicides, Other Biopesticides
• By Crop Type: Grains and Cereals, Oilseeds and Pulses, Fruits and Vegetables, Other Crop Types
• By Mode Of Treatment: Soil Treatment, Seed Treatment, Foliar Spray, Post-harvest, Other Modes Of Treatment
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Biocontrol market.
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Biocontrol Market Key Players
Major competitors in the Biocontrol market include BASF SE, Bayer Crop Science, Corteva Agriscience, UPL Limited, Syngenta AG, Koppert Biological Systems BV.
The Business Research Company's "Global Biocontrol Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Biocontrol Market Include:
1. Executive Summary
2. Biocontrol Market Characteristics
3. Biocontrol Market Trends And Strategies
4. Biocontrol Market - Macro Economic Scenario
5. Biocontrol Market Size And Growth
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26. Africa Biocontrol Market
27. Biocontrol Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Biocontrol Market
29. Biocontrol Market Future Outlook and Potential Analysis
30. Appendix
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