Global Agri Natural Enemy Pest Control Market
Agriculture

Understand How The Agri Natural Enemy Pest Control Market Is Set To Grow In Through 2024-2033

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

 

The agricultural sector has witnessed a significant evolution in pest control strategies, with natural enemy pest control gaining traction in recent years. As we delve into the dynamics of this burgeoning market, it’s clear that its trajectory is poised for substantial growth and innovation.

 

Current Market Landscape

  • The agri natural enemy pest control market size has experienced robust expansion, reaching $18.55 billion in 2023.
  • A compound annual growth rate (CAGR) of 6.9% from 2023 to 2024 is anticipated, propelling the market to $19.82 billion.
  • Key drivers of historic growth include heightened environmental awareness, regulatory backing, farmer adoption, and consumer demand.

 

Future Projections and Drivers

  • Forecasts suggest a continued upward trajectory, with the market projected to burgeon to $27.25 billion by 2028, boasting a CAGR of 8.3%.
  • Factors fueling this growth encompass global population surge, climate change repercussions, amplified emphasis on sustainable agriculture, burgeoning emerging markets, and governmental incentives.
  • Anticipated trends include technological advancements, intensified research and development endeavors, increased adoption of biological control techniques, strides in genetic engineering, integrated pest management (IPM) practices, collaborative initiatives, and the integration of digital agriculture technologies.

 

Fulfilling Escalating Food Demands

  • The escalating demand for food acts as a pivotal catalyst propelling the agri natural enemy pest control market’s growth trajectory.
  • Agri-natural enemy pest control mechanisms enable farmers to optimize crop yields by effectively managing pest populations, thereby augmenting food production from existing arable land.
  • Noteworthy statistics from the United States Department of Agriculture underline the substantial share of household expenditure allocated to food, underscoring the significance of food demand in driving market growth.

 

Read The Full Agri Natural Enemy Pest Control Market Report Here:
https://www.thebusinessresearchcompany.com/report/agri-natural-enemy-pest-control-global-market-report

 

Innovative Insect Control Technologies

  • Major market players are spearheading innovation in insect control technologies to cater to expanding customer bases, drive sales, and augment revenue streams.
  • Syngenta AG’s PLINAZOLIN technology exemplifies cutting-edge innovation, setting new performance benchmarks in combating resistant pests while enhancing crop productivity and quality.
  • The technology’s resilience to sunlight and rain resistance extends spray intervals, reducing the need for frequent applications, and offering sustainable pest management solutions.

 

Strategic Acquisitions and Market Expansion

  • Anticimex’s acquisition of Palmera Junior in May 2021 signifies a strategic move in its global expansion endeavors.
  • Palmera Junior, a leading pest control entity in Colombia, augments Anticimex’s foothold in the region’s burgeoning agri-natural enemy pest control landscape, underscoring the significance of strategic acquisitions in market expansion.

 

Market Segmentation

  • The agri natural enemy pest control market is segmented based on natural enemy service type, control agent, and application, offering diverse avenues for market engagement and specialization.
  1. Natural Enemy Service Type:
    • Importation
    • Augmentation
    • Conservation
  2. Control Agent:
    • Predators
    • Parasitoids
    • Pathogens
    • Bacteria
    • Fungi
    • Oomycota
    • Competitors
    • Other Control Agents
  3. Application:
    • Ant Control
    • Beetle Control
    • Bird Control
    • Insects Control
    • Mosquitoes and Flies Control
    • Rat and Rodent Control

Regional Dynamics

  • North America emerged as the largest region in the agri natural enemy pest control market in 2023, underscoring the continent’s pivotal role in shaping market trends and dynamics.

 

Get A Free Sample On The Global Agri Natural Enemy Pest Control Market Report:
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The Agri Natural Enemy Pest Control Global Market Report 2024  provides an overview of the agri natural enemy pest control market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The agri natural enemy pest control market forecast analyzes agri natural enemy pest control market size, agri natural enemy pest control market share, leading competitor and their market positions.

 

 

Explore Similar Reports From The Business Research Company:
Insecticides Global Market Report 2024
Pesticide And Other Agricultural Chemicals Global Market Report 2024
Pest Control Global Market Report 2024

 

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