Biocontrol Agents Market Analysis | 2023-2028

Market Insights

The Biocontrol Agents Market was estimated at US$ 3.24 billion in 2022 and is expected to grow at a healthy CAGR of 14.85% during 2023-2028 to reach US$ 7.5 billion by 2028.

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What are Biocontrol Agents?

Biocontrol agents are natural organisms or substances employed in agriculture to manage pests, diseases, and other harmful organisms in a sustainable and environmentally friendly manner. These agents can include beneficial insects (predators or parasitoids), microorganisms (like bacteria, fungi, or viruses), and plant extracts.

The primary goal of biocontrol agents is to reduce the use of chemical pesticides, which can have adverse ecological and health impacts. Biocontrol methods harness the natural enemies of pests to limit their populations or disrupt their life cycles. Biocontrol offers a more targeted and often longer-lasting solution compared to chemical treatments, promoting biodiversity and reducing chemical residues in agricultural products.

Market Drivers

Growing demand for food products across the globe, increasing demand for organic farming, and stringent rules & regulations against chemical fertilizers are some of the key factors accelerating the growth of the market during the forecast period.

Segments Analysis

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By Active Substance Type

The biocontrol agents market is segmented as microbial, macro-organisms, and biochemical. Microbial is estimated to witness high growth in the market during the forecast period. Its capability of eradicating pests from the field and increasing the yield of crop production is fueling the product demand.

By Crop Type

The market is segmented into fruits & vegetables, cereals & grains, pulses, and other crops. Cereals & grains are estimated to witness significant growth in the market on account of growing product demand, fueling the overall industry growth during the forecast period.

By Application Type

The market is segmented as seed treatment, on-field, and post-harvest. On-field application is estimated to register the highest growth rate in the market on account of growing product demand from organic farmers, fueling the segment growth over the forecast period.

Regional Analysis

In terms of regions, Europe is estimated to be the dominating region in the market on account of the growing organic farming trend and increasing demand for organic products with Germany, France, the UK, and Spain being the major countries providing lucrative growth opportunities in the regional market during the forecast period. Moreover, North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

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Key Players

Some of the key players in the biocontrol agents market are-

• Andermatt Biocontrol
• BASF SE
• Biobest N.V.
• CBC (Europe) Srl
• Cropscience Bayer AG
• Koppert Biological Systems
• Novozymes A/S
• Syngenta AG
• Valent Biosciences LLC
• Viridaxis S.A.

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

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With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players).
• SWOT analysis of key players (up to 3 players).

Market Segmentation

• Current market segmentation of any one of the product types by application type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

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