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

 

As per The Business Research Company’s Biocontrol Global Market Report 2024, the biocontrol market is expected to show significant growth in the forecast period.

 

Exponential Expansion: An Overview

• Market size surges from $6.03 billion in 2023 to $7.08 billion in 2024.
• Compound annual growth rate (CAGR) stands at 17.3%.

 

Historical Perspectives: Growth Catalysts

• Growing awareness of environmental impact.
• Regulatory support and compliance.
• Consumer demand for organic products.
• Resistance to chemical pesticides.
• Globalization of agriculture.

 

View More On The Biocontrol Market Report 2024 –
https://www.thebusinessresearchcompany.com/report/biocontrol-global-market-report

 

Anticipating Future Growth

• Projected market size of $12.96 billion by 2028.
• Expected CAGR of 16.3%.

 

Drivers of Future Expansion

• Regulatory emphasis on sustainability.
• Increasing demand for organic and non-GMO products.
• Climate change impacts on pest patterns.
• Focus on precision agriculture.
• Continued resistance to chemical pesticides.

 

Emerging Trends Shaping the Market

• Increasing demand for sustainable agriculture.
• Advancements in biotechnology.
• Stringent regulations on chemical pesticides.
• Rise in organic farming practices.
• Integration of digital technologies.

 

Surge In Pest Infestations And The Biocontrol Market’s Response

Understanding the Catalyst

• Intensive agriculture drives pest infestations.
• Biocontrol products offer sustainable pest management solutions.

 

Quantifying the Challenge

• Around 40% of global crops destroyed by pests in 2021.
• Climate change exacerbates pest threats.

 

Industry Giants Leading the Way

• BASF SE.
• Bayer AG.
• Corteva Agriscience.
• Syngenta AG.
• Koppert Biological Systems BV.

 

Syngenta’s Breakthrough Recognition Herbicide Sets New Standards In Biocontrol Market

 

Driving Force Behind Innovation

• Focus on product innovation for market sustainability.

Notable Innovation

• Syngenta Group launches Recognition herbicide for broad-spectrum weed control.
• Herbicide offers control over forty weeds with a positive assessment on St. Augustinegrass.

 

Strategic Acquisitions Fuel Growth

Acquisition Strategy

• Albaugh LLC acquires Corteva Agriscience to strengthen global glyphosate dominance.

 

Segmentation Insights

Unveiling Market Dynamics

1. By Biopesticides:
   • Bioinsecticides.
   • Biofungicides.
   • Bionematicides.
   • Bioherbicides.
   • Other Biopesticides.
2. By Crop Type:
   • Grains and Cereals.
   • Oilseeds and Pulses.
   • Fruits and Vegetables.
   • Other Crop Types.
3. By Mode Of Treatment:
   • Soil Treatment.
   • Seed Treatment.
   • Foliar Spray.
   • Post-harvest.
   • Other Modes Of Treatment.

 

Regional Dominance

• North America leads the biocontrol market in 2023.

In conclusion, the biocontrol market is witnessing rapid expansion driven by a multitude of factors including the surge in pest infestations, advancements in product innovations, and strategic acquisitions. With an emphasis on sustainability and the integration of cutting-edge technologies, industry players are poised to capitalize on emerging opportunities, steering the biocontrol market towards a future of sustainable agriculture and effective pest management solutions.

 

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https://www.thebusinessresearchcompany.com/sample_request?id=10153&type=smp

 

The Biocontrol Global Market Report 2024  provides an in-depth analysis on the biocontrol market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the biocontrol market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

 

View More Related Reports –

Composites Global Market Report 2024

Biotechnology Services Global Market Report 2024

Biologics Global Market Report 2024

 

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