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Biological Control Agents Market worth $12.31 billion by 2030, growing at a CAGR of 15.11% - Exclusive Report by 360iResearch
Biological Control Agents Market | 360iResearch
The Global Biological Control Agents Market to grow from USD 4.59 billion in 2023 to USD 12.31 billion by 2030, at a CAGR of 15.11%.
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Biological control agents are organisms used to manage or suppress populations of pest species that are harmful to agriculture, forestry, or natural ecosystems. These agents can include a variety of living organisms, such as predators, parasitoids, pathogens, or competitors that naturally regulate pest populations. Using other living organisms, biological control controls pests, including insects, mites, weeds, and plant diseases. Environmental concerns and the negative impact of chemical pesticides on ecosystems have fueled the demand for biological alternatives, and increasing consumer awareness and preference for organic products contribute to an uptick in market demand. However, the relatively slow action of biological agents compared to chemical pesticides can deter users from seeking immediate results. Nevertheless, developing new and more effective strains of biocontrol agents specific to certain pests or diseases with technological advancements in biotechnology and the broader availability of biological control agents through improved distribution channels are expected to create potential opportunities for market growth.
In American countries, numerous universities and private organizations are conducting research on improving the efficacy and delivery systems for biological control agents. Furthermore, the focus in these countries is on developing new strains of biological agents and innovative application technologies, with significant investment seen in biotech firms and government support for sustainable agriculture further bolstering the market. In addition, initiative programs such as the United States Department of Agriculture (USDA) Organic Agriculture Research and Extension Initiative promote the use and research of biological control agents. The market for biological control agents is bolstering in the EMEA region due to its stringent regulations on chemical pesticides. The European region has seen a rise in patents concerning biological control formulations and targeted delivery systems. On the other hand, sustainable desert agriculture in the Middle East and the need to combat invasive species in Africa underscore the market potential for biological control agents. Furthermore, international collaborations, such as those under the FAO's umbrella, support local agriculture with biological control methodologies. The Asia Pacific region, guided by agrarian economies, has witnessed a surge in the use of biological control methods due to increased awareness and the necessity for sustainable agriculture to feed its vast populations. These nations are registering patents focused on microbial pesticides and novel plant-incorporated protectants.
Market Segmentation & Coverage:
This research report categorizes the Biological Control Agents Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Active Substance, market is studied across Entomopathogenic Nematodes and Microbial. The Entomopathogenic Nematodes is projected to witness significant market share during forecast period.
Based on Crop Type, market is studied across Cereals & Grains, Pulses & Oilseeds, and Vegetables & Fruits. The Pulses & Oilseeds is projected to witness significant market share during forecast period.
Based on Target Pest, market is studied across Arthropods, Microorganisms, and Weeds. The Arthropods is projected to witness significant market share during forecast period.
Based on Application, market is studied across On-Field, Post-Harvest, and Seed Treatment. The Seed Treatment is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.12% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Biological Control Agents Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Biological Control Agents Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Biological Control Agents Market, highlighting leading vendors and their innovative profiles. These include Andermatt Biocontrol AG, AUSVEG Ltd., BASF SE, Bayer AG, Biobest Group NV, Bioforce Ltd., Biological Control Agents, BioTech Systems LTD, Certis USA LLC, Corteva Agriscience, Croda International Plc, Isagro S.p.a., Kenogard S.A, Koppert Biological systems, Manidharma Biotech Private Limited., Marrone Bio Innovations, Novozymes A/S, Nufarm Limited, Pro Farm Group Inc., Sumitomo Corporation, Syngenta Crop Protection AG, UPL LTD., and Viridaxis S.A..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Biological Control Agents Market, by Active Substance
7. Biological Control Agents Market, by Crop Type
8. Biological Control Agents Market, by Target Pest
9. Biological Control Agents Market, by Application
10. Americas Biological Control Agents Market
11. Asia-Pacific Biological Control Agents Market
12. Europe, Middle East & Africa Biological Control Agents Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Biological Control Agents Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Biological Control Agents Market?
3. What is the competitive strategic window for opportunities in the Biological Control Agents Market?
4. What are the technology trends and regulatory frameworks in the Biological Control Agents Market?
5. What is the market share of the leading vendors in the Biological Control Agents Market?
6. What modes and strategic moves are considered suitable for entering the Biological Control Agents Market?
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