Agricultural Biological Control Agents Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-30
The Agricultural Biological Control Agents Market size is valued at 5.67 billion in 2024 and is estimated to grow at a CAGR of around 16.1% during the forecast period, i.e., 2024-30. The market is driven by increasing concerns related to environmental sustainability & food safety. Both consumers & regulatory bodies are placing a growing emphasis on eco-friendly farming practices, leading to a rising demand for alternatives to chemical pesticides.
Markntel Advisor’s Agricultural Biological Control Agents Market Insights report provides the current and forecast market analysis, individual leading companies’ market shares, challenges, Agricultural Biological Control Agents Market drivers, barriers, Agricultural Biological Control Agents Market Trends, and Key Players in Agricultural Biological Control Agents Market.
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Agricultural Biological Control Agents Market Dynamics: 2024-2030
Agricultural Biological Control Agents Market Driver:
Stringent Government Regulations for Minimizing the Usage of Chemical Pesticides to Drive the Market Growth – The strict government regulations & policies to limit the use of chemical-based pesticides owing to the rising environmental & health concerns are pushing the Agricultural Biological Control Agent Market as they are eco-friendly and made with natural agents. This shift is primarily attributed to governments and regulatory bodies worldwide acknowledging the inherent risks associated with chemical pesticides. For instance:
In 2022, the European Union introduced new regulations that aimed at streamlining the approval process for biological pesticides.
Moreover, these profound regulatory transformations have induced a substantial shift within the agriculture industry, as there is a mounting demand for safer & more environmentally sustainable alternatives to traditional chemical pesticides. Consequently, this heightened demand has ushered in the ascendancy of agricultural biologicals as viable and sought-after solutions in modern farming practices.
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Agricultural Biological Control Agents Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
- By Type
- Biopesticides- Market Size & Forecast 2019-2030, (Thousand Tons)
- Biostimulants- Market Size & Forecast 2019-2030, (Thousand Tons)
- Biofetilizers- Market Size & Forecast 2019-2030, (Thousand Tons)
- By Source
- Microbial – Market Size & Forecast 2019-2030, (Thousand Tons)
- Macrobial – Market Size & Forecast 2019-2030, (Thousand Tons)
- Biochemical- Market Size & Forecast 2019-2030, (Thousand Tons)
- By Mode of Application
- Foliar Spray- Market Size & Forecast 2019-2030, (Thousand Tons)
- Seed Treatment – Market Size & Forecast 2019-2030, (Thousand Tons)
- Soil Treatment- Market Size & Forecast 2019-2030, (Thousand Tons)
- By Crop Type
- Cereal & Grains- Market Size & Forecast 2019-2030, (Thousand Tons)
- Oil seed & Pulses – Market Size & Forecast 2019-2030, (Thousand Tons)
- Fruit & Vegetable- Market Size & Forecast 2019-2030, (Thousand Tons)
- Others- Market Size & Forecast 2019-2030, (Thousand Tons)
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Top Companies Operating in the Agricultural Biological Control Agents Market:
- BASF SE
- Syngenta AG
- Bayer AG
- UPL
- Corteva Agriscience
- The Mosaic Company
- Pro Farm Group Inc.
- Vega Lab SA
- Gowan Company
- Lallemand Inc.
- Valent Bioscience LLC.
- Koppert
- Sustainable Agro Solution, S.A.U.
- Trade Corporation International
- Bioceres Crop Solutions
- Others
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