Biocontrol Agents Market Outlook 2021 | Opportunity, demand analysis and forecast to 2025
The global biocontrol agents market is expected to exceed USD 7.5 billion globally by 2025.
The growing demand for organic farming will drive trends in the global market for biological control agents, as well as increasing regulations on synthetic chemicals on farms and subsequent bans on hazardous chemicals. Biocontrol agents are in high demand due to government initiatives around the world promoting bio-based products. Growing consumer awareness of chemically treated food products and their side effects has prompted them to turn to organic food products.
Biocontrol agents possess the ability to replace chemical agents and also reduce emissions to the environment, which reduces pollution of water and soil. Unlike traditional pesticides, biological control agents are less harmful and more specific for targeting pests. They break down more easily without leaving harmful residues, offering significant potential for reducing the use of pesticides in pest management.
Today, sustainable agriculture is a major concern, given both the demographics of the world and the productivity of crops based on chemical control. In an effort to protect several varieties of crops such as grains, grains, legumes, vegetables and fruits from pests and other herbivorous organisms, biological control agents are being used on a large scale.
The product is also used in winter gardens or field crops to minimize diseases of flowers, fruits, grains, cereals, legumes, caused either by leaf or post-harvest pathogens. However, the slower response time of the product to achieve an economical level of pest control could be a limitation to the adoption of biological control agents for pest control application.
The growth drivers of the biocontrol agents market are
? The growing demand for organic farming in Europe
? Strict regulations against chemical fertilizers
Fruits and vegetables are very susceptible to contracting diseases caused by weeds and pests. Consumers are increasingly aware of the harmful effects of pesticides on the environment, fruits and vegetables and on humans consuming food treated with pesticides. This has fueled the utility of biological control agents in a variety of crops. The fruit and vegetable segment is expected to register a CAGR of 15% in 2019-2025.
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Microbial biological control agents are gaining popularity because they can be applied to crops to control plant pathogens that limit plant growth. The use of these agents facilitates residue and resistance management and also improves nutrient uptake in crops, thus improving overall health and productivity. The microbial biological control market is expected to hold around 60% of the overall industry share until 2025.
Treatment of seeds with biological control agents has reduced the need for agrochemicals, further reducing exposure to chemicals as well as their impact on the environment. The use of these agents in seed treatment significantly reduces production costs. Seed treatment application is expected to hold a 30% share of the global biocontrol agents market size by 2025.
Followed by the Asia-Pacific region, Europe and North America are the main regional terrains of the biological control industry. The region can create lucrative opportunities for manufacturers of biological agents due to the presence of numerous R&D companies, growing demand for organic agricultural products and high capital investments. Another major reason for using products on a large scale is the large amount of urban population looking for crop protection technologies.
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Source URL: https://marketersmedia.com/biocontrol-agents-market-outlook-2021-opportunity-demand-analysis-and-forecast-to-2025/89039971
Source: Marketers Media
Version number: 89039971
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