Biocontrol Agent Market 2020-2026

Global Biocontrol Agent Market Size, Share & Trends Analysis Report By Active Substance (Microbials, and Macro-organisms), By Target Pest (Arthropods, Weeds, and Micro-Organisms), By Application (Seed Treatment, On-field, and Post-Harvest), Forecast 2020-2026.

The global biocontrol agent market is projected to grow at a CAGR of 9% during the forecast period. Biocontrol agents play an important role in controlling the pests that can damage the crop. It is considered as an environmentally safe and efficient approach for controlling the pests. Biocontrol agent is a long-term and inexpensive method hence, the adoption of biocontrol agents for protecting the crops is significantly increasing across the globe driving the biocontrol agent market.

The global biocontrol agent market is segmented based on active substance, target pest, and application. Based on the active substance, the market is sub-segmented into microbial, and macro-organisms. On the basis of target pest, the market is divided into arthropods, weeds, and micro-organisms. Further, based on the application, the market is sub-segmented into seed treatment, on-field, and post-harvest.

The global biocontrol agent market is further segmented based on geography including North America, Europe, Asia-Pacific, and the Rest of the World. North America is expected to have a major market share in the global market with significant growth during the forecast period. The growth in the region is owing to the increasing consumer preference for organic food. Asia-Pacific is also expected to showcase a considerable growth owing to significant growth in the organic product market in the emerging economies such as China and India.

The key players of the global biocontrol agent market include Andermatt Biocontrol AG, BASF SE, 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.

Research Methodology

The market study of the global biocontrol agent market is incorporated by extensive primary and secondary research conducted. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook.

In the report, the country-level analysis is also provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts to bring further authenticity to the reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for the government organizations, chemical companies, insecticides manufacturing companies, biocontrol agent manufacturers & dealers, and other related organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation

1. Global Biocontrol Agent Market Research and Analysis by Active Substance
2. Global Biocontrol Agent Market Research and Analysis by Target Pest
3. Global Biocontrol Agent Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the global biocontrol agent market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global biocontrol agent market.
• Insights about market determinants which are stimulating the global biocontrol agent market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.