Biocontrol Agents Market to Reach USD 13,634.3 Million by 2030

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Explore the eco-friendly approach of biocontrol agents in safeguarding crops and ecosystems. Stay informed about the latest market analysis, emerging trends, innovations, and industry players shaping the Biocontrol Agents Market.

In 2021, the biocontrol Agents market size stood at USD 4,851.7 million, which is projected to witness a 12.2% CAGR during 2021–2030, reaching USD 13,634.3 million by 2030 as per PS Intelligence.

The increasing utilization of biological items in comparison to chemical-based crop protection items is boosting the growth of the market. Furthermore, the biocontrol agents are eco-friendly, have no injurious effects on humans, and are effective across the season, making them perfect for pest control.

In 2021, Europe had the largest market, worldwide, and the regional market is also projected to grow at a considerable rate in the future, because of the stringent guidelines by governments on the usage of chemical pesticides. For example, Europe aims to decrease by 50% the use of dangerous pesticides by 2030.

In 2021, the microbial category had the largest biocontrol agents market revenue share of approximately 60% and is projected to experience a growth at the fastest pace in the coming years. This can be credited to the superb ability that microbes hold to remove pests from the ground and improve crop productivity. Furthermore, microbial agents are tremendously precise against embattled pests, support the survival of helpful insects in treated crops, and inspire their growth.

In 2021, the cereals and grains category garnered over 40% of the market share. This is mainly because of the high demand for cereals and grains by the increasing populace throughout the globe, and pesticide remains and is usually a source of worry for consumers in their food items.

Furthermore, according to the government source, growers lost approximately 40–45% of crops because of pests, worldwide. Thus, biocontrol agents are extensively utilized to protect cereal and grain crops from damage.

In 2021, the on-field category dominated the market with the largest share. The removal of some chemical pesticides and the plentiful benefits of on-field services have a positive influence on the growth of the market in this category. Correspondingly, as on-field spraying is measured harmless, most agriculturalists use biocontrol agents on the crops to surge crop production.

In 2021, North America held over 30% of revenue shares. This is because of the availability of plenty of fertile lands, the increase in demand for organic products, and the growing awareness regarding the efficiency of microbial pesticides.

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