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Forestry Biocontrols Market Size, Share and Trends Analysis to 2031

10-19-2023 09:56 AM CET | Health & Medicine

Press release from: InsightAce Analytic Pvt. Ltd

Forestry Biocontrols Market Size, Share and Trends Analysis

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Forestry Biocontrols Market: (By Type (Microbial Biocontrol Agents, Insect Pheromones, Plant Extracts, Beneficial Insects, Others), by Application (Aerial Spraying, Ground Spraying, Soil Application), End User (Timber Protection, Forest Pest Control, Disease Control)), Trends, Industry Competition Analysis, Revenue, and Forecast To 2031"

According to the latest research by InsightAce Analytic, the global forest biocontrols market is valued at US$ 2.93 billion in 2022, and it is expected to reach US$ 6.21 billion by 2031, with a CAGR of 8.8% during the forecast period of 2023-2031.

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Forestry biocontrols aim to naturally lower insect populations in forest ecosystems. Pests such as insects, mites, weeds, and potentially hazardous diseases are managed by biological management, often known as biocontrol. Though it derives from natural phenomena like predation and parasitism, it is typically subject to deliberate human management. Biological agents are the primary focus of forestry biocontrols for managing insect populations in wooded areas. Biological control, or biocontrol, manages pests such as insects, mites, weeds, and diseases that could harm animals or plants.

Although it is based on natural processes like predation and parasitism, humans usually also play an active role in regulating the system. Efforts to expand sustainable farming have resulted in legislative reforms expected to benefit organic farming in the years to come. The downside of using biological pest management is that it takes longer to eradicate the pest. These biological pesticides are less effective than chemical pesticides in reducing pest populations.

However, during the projection period, the need for biocontrol crop protection solutions would climb consistently due to import limitations and a rise in cultivator expertise.

List of Prominent Players in the Forestry Biocontrol Market:

• Valent Biosciences Corporation
• Certis USA LLC
• Dow AgroSciences LLC
• Suterra
• Rusell IPM Ltd.
• Andermatt Biocontrol AG
• Bayer AG
• BASF
• Biobest Group NV
• FMC Corporation
• Others

Market Dynamics:

Drivers-
The growing demand for forestry biocontrols is fueled by the public's growing concern for the environment, a key factor in the burgeoning forestry biocontrols industry. Consumers want products that are both eco-friendly and won't devastate the planet. Chemical pesticides have been linked to a rise in health problems, which has increased the demand for alternatives such as forestry biocontrols.

The growth of the forestry biocontrol market is anticipated to be fueled by the use of biocontrol agents and the implementation of stringent government restrictions limiting chemical pesticides. Governments have banned or severely limited the use of chemical pesticides to protect their citizens and their wildlife. As a result, the demand for forestry biocontrol products is expected to increase in the coming years.

Challenges:
The prime challenge is high cost, strict regulations, and dynamic and ever-changing developing markets because of lockdowns and isolation in emerging countries, which is predicted to slow the growth of the forestry biocontrols market. However, one of the main problems is that biological solutions have a short shelf life and a high potential for contamination. In this light, the survival of microorganisms during storage is a major cause for alarm. Sunlight exposure, culture media, the physiological state of microorganisms during harvest, temperature management during storage, and the water activity of inoculants are among the key elements that affect shelf life.

Occasionally, the host's bioavailability can reduce the active substance's efficacy. The combined effects of these technical hurdles have limited the deployment of biocontrols. Despite the spread of COVID-19, forestry biocontrol farmers continued cultivating their stocks in the water. The United States, China, and Europe were the primary sites of this commerce. Since many producers stopped making their wares because of a manpower shortage, mass production halts, and supply chain disruptions, sales of edible products, including seafood, crop protection, and many others.

Regional Trends:
The North American forestry biocontrols market is anticipated to register a major market share in terms of revenue. It is projected to grow at a high CAGR in the near future because traditional products disappearing from the market due to registration or performance issues accelerated the rise of biocontrol in the market. More people are becoming aware of the risks of chemical pesticides and the advantages of utilizing biocontrol agents, driving up the demand for sustainable forestry techniques.

Besides, Europe had a considerable share in the market because of the growing number of government programs that encourage the use of biocontrol chemicals in tree care. Moreover, the existance of key market players and the growing cooperation between major players for market penetration in the area enables an opportunity to grow the global forestry biocontrols market.

Curious about this latest version of the report? Enquiry Before Buying: https://www.insightaceanalytic.com/report/forestry-biocontrols-market/2101

Recent Developments:

• In July 2023, Biobest declared the finalisation of the deal to procure BioWorks, Inc., a prominent manufacturer and marketer of highly effective biopesticides located in Victor, NY. The acquisition of BioWorks facilitated the rapid expansion of Biobest Group's presence in the biopesticide market. The assets that played a crucial role in achieving this aim were BioWorks' revolutionary range of biopesticides for disease and insect control, along with their expertise in product development, marketing, and logistics.

• In Feb 2023, Bayer and Kimitec partnered to expedite the development and commercialization of biological crop protection solutions and biostimulants. As part of a global agreement, the companies collaborated to develop and implement biological solutions derived from natural sources, including crop protection products that address pests, diseases, and vegetation, as well as biostimulants that promote plant growth.

Segmentation of Forestry Biocontrols Market-
By Type -
• Microbial Biocontrol agents
• Insect Pheromones
• Plant Extracts
• Beneficial Insects
• Others

By Application -
• Aerial Spraying
• Ground Spraying
• Soil Application

By End-User -
• Timber Protection
• Forest Pest control
• Disease Control

By Region-
North America-
• The US
• Canada
• Mexico

Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe

Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific

Latin America-
• Brazil
• Argentina
• Rest of Latin America

Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa

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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis of key market insights in a timely and cost-effective manner.

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