The Global Agricultural Biological Control Agents market
is projected to witness an astronomical growth on account of extensive
demand of biocontrol products from organic farmers, introduction of
innovative biological control agent coupled with snowballing investments
by key market players in R&D due to rising demand for environment
friendly fertilizers and burgeoning demand for food products globally
due to rapid urbanization. Moreover, escalating environmental concern
due to increase in soil and water pollution, surging adoption rate of
biological controls by the farmers in the countries such as North
America and Europe, and significant rise in animal feed demand are the
factors strongly contributing towards the growth of the market in the
forthcoming timeline.
North America accounted for the considerable share of the global Agricultural Biological Control Agents market in 2019. The US dominated the North America segment on account of paradigm shift from chemical hazards to biocontrol agent due to rising environment concern, escalating demand for organic farming along with growing awareness of microbial pesticides and strong presence of high-quality product manufacturers. Moreover, escalating application of biocontrol agents for pest control in horticulture and rising need for food security due to robust population are propelling the growth of the market in coming years.
The key players with a considerable market share in the Global Agricultural Biological Control Agents market are BASF SE, Isagro S.P.A, Syngenta Crop Protection AG, Bayer AG, UPL, Marrone Bio Innovations, Certis U.S.A. LLC, DouDuPont Inc., Lallemand, Valent Biosciences, Stockton Bio-AG, Biolchim S.P.A, Rizobacter, Valagro, Koppert Biological Systems etc.
0 Comments