30-Apr-2024 | Zion Market Research
Zion Market Research has published a new report titled “Biocontrol Agents Market by Crop Type (Fruits & Tree Nuts, Vegetables, Floriculture, and Row Crops), by Environment Covered (Open Field and Greenhouse), and by Biocontrol Agent (Macro-Organisms, Micro-Organisms, Chemicals, Pollinators, Pheromones, Traps, and Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 – 2032”. According to the report, the demand for biocontrol agents market in North America and Europe was valued at approximately $5.83 billion in 2023 and is slated to hit $11.84 billion by the end of 2032 with a CAGR of nearly 8.20% between 2024 and 2032.
Browse the full “Biocontrol Agents Market by Crop Type (Fruits & Tree Nuts, Vegetables, Floriculture, and Row Crops), by Environment Covered (Open Field and Greenhouse), and by Biocontrol Agent (Macro-Organisms, Micro-Organisms, Chemicals, Pollinators, Pheromones, Traps, and Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 – 2032” Report at https://www.zionmarketresearch.com/report/biocontrol-agents-market
Biocontrol agents are used in maintaining the balance between crops and external parasites and insects, such as weeds, mites, etc. These agents are usually microbes or insects, which are added to plants in the early growth stage and help in reducing the use of chemicals over their growth cycle.
The rising awareness regarding the importance of contaminant-free food is expected to be the major driver for the growth of the biocontrol agents market in North America and Europe. The past few years have witnessed a sudden shift in the preference toward consumption of healthy food among the North American and European population, due to change in lifestyle. This change has resulted in increased consumption of contaminant-free food. Moreover, stringent regulation imposed by the governments to reduce the use of chemicals in agriculture is likely to further boost the biocontrol agents market in North America and Europe in the future.
However, many farmers and crop growers are not completely aware of the benefits of introducing biocontrol agents in their farming practices, which may restrain the biocontrol agents market. Additionally, the high growth potential of biocontrol agents in developing countries is expected to open new growth avenues for the key players operating in the biocontrol agents market over the estimated timeframe. Moreover, Integrated Pest Management (IPM) practice in developed countries is also projected to generate a high demand for biocontrol agents.
The biocontrol agents market in North America and Europe has been segmented based on crop type, environment covered, and biocontrol agents. The crop type segment includes fruits and tree nuts, vegetables, floriculture, and row crops. Row crops are expected to grow rapidly in the upcoming years, owing to the increasing demand for row crops as food. The environment covered segment includes open field and greenhouse. Based on biocontrol agents, Biocontrol agents market in North America and Europe has been segmented into macro-organisms, micro-organisms, chemicals, pollinators, pheromones, traps, and others.
The regional segmentation of the market includes North America and Europe. North America held the largest share of the biocontrol agents market in 2018. This can be attributed to the growth of Integrated Pest Management (IPM) practices in the region’s agricultural sector. Europe held a significant share of the biocontrol agents market in 2018, owing to the changing lifestyles of the European population.
The global biocontrol agents market profiles key players such as:
North America and Europe Biocontrol Agents Market: Crop Type Analysis
North America and Europe Biocontrol Agents Market: Environment Covered Analysis
North America and Europe Biocontrol Agents Market: Biocontrol Agent Analysis
North America and Europe Biocontrol Agents Market: Regional Analysis
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