The biocontrol agent market is anticipated to grow at a CAGR of 9% during the forecast period. Biocontrol agents are used for pest management in the agriculture fields. The usage of biocontrol agents is increasing constantly owing to the fact that it causes less environmental side effects. The changing trend toward non-chemical pest control is a key factor for the growth of the biocontrol agent market during the forecast period. The biocontrol agents are specific with their target pests; unlike chemicals they do not kill the beneficial bacterial. Hence, the adoption of biocontrol agents will be high which in turn will impact the biocontrol agent industry.

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However, the action of biocontrol agents is very slow in comparison to chemical control which can restrict the framers to switch to biocontrol usage. In addition, sometimes there is a risk of biocontrol agents itself becoming a pest. Additionally, there are also several other associated risks such as a rise in the introduced predator’s population, and these predators may not stay in the target area and many more. All these factors are anticipated to present restraint for the biocontrol agent market growth during the forecast period.

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Market Players Outlook

The key players of the biocontrol agents market include Andermatt Biocontrol AG, Biobest Group NV, Marrone Bio Innovations, Inc., Vestaron Corp., Viridaxis SA, Precision Laboratories, LLC, Syngenta AG, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers, & acquisitions, collaborations with government, and new product launch to stay competitive in the market. For instance, in November 2018, Corteva AgriScience (Dow AgroSciences) released its first micro-toxic seed treatment agent Lumingwei. This is aimed at improving the maize pest control effect and helping growers increase corn yield to create a higher value. Moreover, in May 2020, the company collaborated with M2i for research and global commercialization of pheromone-based insect control solutions.

Global Biocontrol Agents Market Segmentation

By Active Substance

• Microbials
• Macro-organisms
• By Target Pest
• Arthropods
• Weeds
• Micro-Organisms
• Global Biocontrol Agents Market by Application
• Seed Treatment
• On-field
• Post-Harvest

Regional Analysis

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• Rest of Asia-Pacific

Rest of the World

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