The Global Agricultural Biological Control Agents market is witnessing high growth owing to the factors such as increasing popularity of organic farming, burgeoning demand for food products globally due to rapid urbanization along with surging adoption rate of biological controls by the farmers in the countries such as North America and Europe. Moreover, rising awareness of consumers regarding the negative impact of synthetic pesticides, the introduction of innovating biological control products, and snowballing demand for organic food products are anticipated to promulgate the growth of the market in the forecast period.
According to MarkNtel Advisors’ research report “Global Agricultural Biological Control Agents Market Analysis, 2020”, the Global Agricultural Biological Control Agents market is anticipated to grow at a CAGR of around 14.5% during 2021-26F. Based on Mode of Application, the Seed treatment segment acquired a considerable market share in 2019. The seed treatment uses biological control agents to diminishes the utility of agrochemicals in order to reduce exposure to chemicals and lowers their impact on the environment.
“Global Agricultural Biological Control Agents Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for Agricultural Biological Control Agents providers across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.
North America Acquired Significant Market Share
North America accounted for a considerable share of the global Agricultural Biological Control Agents market in 2019. The US dominated the North America segment. This is due to escalating demand for organic farming, strict regulations against chemical fertilizers, and increasing awareness of chemical hazards to the environment and humans. Moreover, the high presence of high-quality product manufacturers and the growing popularity of organic farming is anticipated to augment the growth of the Agricultural Biological Control Agents market in the forthcoming period as stated in MarkNtel Advisors’ research report “Global Agricultural Biological Control Agents Market Analysis, 2020”.
According to MarkNtel Advisors’, the key players with a considerable market share in the Global Agricultural Biological Control Agents market are BASF SE, Isagro S.P.A, Syngenta Crop Protection AG, Bayer AG, UPL, Marrone Bio Innovations, Certis U.S.A. LLC, DouDuPont Inc., Lallemand, Valent Biosciences, Stockton Bio-AG, Biolchim S.P.A, Rizobacter, Valagro, Koppert Biological Systems, etc.
Key questions answered in the study