Published Year: 2022
Agricultural Adjuvants Market - A Global Market and Regional Analysis: Focus on Product, Application
The agricultural adjuvants market is expected to grow from $3,298.6 million in the year 2021...
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Industry & Technology Overview
Global Biological Control Agents Market: An Overview
The global biological control agents market was valued at $4.80 billion in 2021, which is expected to grow with a CAGR of 14.96% and reach $11 billion by 2027. The growth in the global biological control agents market is expected to be driven by increasing awareness regarding the harmful effects of chemical plant protection products, demand for organic food, and the advantages of biological control agents over the conventional chemical control products.
Market Lifecycle Stage
The biological control agents market is still in the growing phase. Increased research and development collaborations, partnerships and other activities are underway to develop and expand the biological control agents market, which are expected to increase due to the shift in consumer preference for organic food products.
Advancements and research in emerging economies is one of the major opportunities in the global biological control agents market.
Impact
With an increased worldwide focus on achieving sustainability, the shift to eco-friendly, sustainable, and organically produced products brings significant sales and financing opportunities. The shift is more prominent in the food and beverages industry in regions such as North America and Europe. Thus, biological control agents products form the basis for the suitability criteria in agriculture. Hence, food produced with the organically produced raw material is a great option available for the consumers in the market demanding organic food such as organic fruits and vegetables.
Impact of COVID-19
Due to COVID-19, the transfer of plant protection products (PPPs) from local or other foreign sources to the ground use level was limited. The demand for heavy investments in biological crop protection increased. This increase occurred as COVID-19 impacted people regarding food security and made a shift to organic food consumption to ensure more robust supply chains. This has driven the demand for new product formulations such as bio fungicides, biopesticides, and bio stimulants, in the crop protection industry. This move may be attributed to the limited availability of traditional chemical products. Also, the limited supply increased the cost of chemical crop protection products. In manufacturing conventional agrochemical products, raw materials are used, and China, the leader in providing the raw material, was stuck in the lockdown. Thus, COVID- 19 forced the growers to look for other chemical alternatives. Hence, COVID-19 has impacted the growth of the biological control agents market.
Market Segmentation:
Segmentation 1: by Crop
• Cereals
• Fruits and Vegetables
• Pulses and Oilseeds
• Others
The global biological control agents market in the crop application segment is expected to be dominated by fruits and vegetables. The high market share and growth potential associated with fruits and vegetables as an application for biological control agents is attributed to the high chances of pest attacks on the vegetables and fruits.
Segmentation 2: by Mode of Application
• Seed Treatment
• Foliar Spray
• Soil Treatment
• Others
The global biological control agents market in the mode of application segment is expected to be dominated by seed treatment. The high market share and growth potential associated with seed treatment as a mode of application for biological control agents is attributed to the great success rate offered by this mode of application.
Segmentation 3: by Target
• Arthropods
• Weeds
• Microorganisms
The global biological control agents market in the target application segment is expected to be dominated by arthropods. The high market share and growth potential associated with arthropods target application for biological control agents stems from the high-risk potential of arthropod attack on the yield and the damage it can cause.
Segmentation 4: by Product
• Microbials
o Bacteria
o Virus
o Fungus
o Nematodes
o Others
• Macrobials
o Parasitoids
o Predators
Segmentation 5: by Region
• North America - U.S., Canada, and Mexico
• South America - Brazil, Argentina
• Europe - Germany, France, and Spain
• U.K.
• Middle East and Africa - Israel and South Africa
• China
• Asia Pacific - Japan, India, and Australia and New Zealand
North America generated the highest revenue of $1,675.89 million in 2021. North America is also expected to have a significant share of revenue during the year 2022-2027. Thus, in North America region, the biological control agents market is growing at a tremendous rate and will grow with a high CAGR 14.72% during the forecast period 2022-2027.
Recent Developments in Global Biological Control Agents Market
• In March 2022, Bioceres Crop Solutions announced the merge agreement with Marrone Bio Innovations in an all-stock transaction. Bioceres' biological-based solutions (bio nutrition and seed care) would be combined with Marrone Bio's product portfolio and development pipeline for biological crop protection and plant health (bio nutrition and biostimulant products).
• In August 2021, Terramera, a global agtech pioneer and originator of Actigate technology, collaborated with Marrone Bio Innovations, Inc. to combine their technological and biological knowledge to improve crop protection product effectiveness and speed up product development.
• In April 2021, Biological Services, an Australian company, was acquired by Biobest Group NV. The two companies teamed up to begin a new age of biological control services in Australia.
• In February 2021, United Phosphorous Ltd. and Novozymes announced a collaboration to bring a variety of biological products to the Argentine market. Novozymes' biological products marketed under the Nitragin was then included in the UPL’s portfolio, giving the company a complete range of biosolutions and crop protection products.
• In September 2020, BASF acquired the proprietary Glu-L technology for L-glufosinate ammonium from AgriMetis. With the help of this acquisition, the company aims to offer its customers more efficient products to protect against unwanted weeds with an improved formulation.
Demand - Drivers and Limitations
Following are the demand drivers for the biological control agents market:
• Increasing Awareness Regarding the Harmful Effects of Chemical Plant Protection Products
• Increasing Demand for Organic Food
• Advantages of Using Biological Control Agents over Chemical Products
The market is expected to face some limitations too due to the following challenges:
• Limited Shelf-Life of Biological Control Products
• Farmers’ Inhibitions Toward Biological Control Agents
Analyst’s Perspective
According to Rakhi Tanwar, Principal Analyst, BIS Research, “The biological control agents market has huge market potential. With increasing investments, focus on sustainability in agriculture, and no harmful effects on the health of the crops and consumers, the market is expected to grow tremendously during the forecast period 2022-2027.”
Biological Control Agents Market - A Global and Regional Analysis
Focus on Product, Application, and Country Analysis - Analysis and Forecast, 2022-2027
Some Faq's
Frequently Asked Questions
The terms "biological control," abbreviated as "biocontrol," are used in biological disciplines like entomology and plant pathology. It is used in entomology to describe the usage of entomopathogenic nematodes, live predatory insects, and microbial infections to control pest insect populations. Additionally, in plant pathology, "biocontrol" means using microbial inhibitors to suppress diseases and using host-specific pathogens to manage weed populations. As a result, a biological control agent (BCA) is an organism that suppresses a pest or pathogen. These "natural enemies" or "opposing creatures" might be utilized in several ways.
Biological control agents' adoption is also driven by ease of handling qualities such as low-to-no re-entry intervals and post-harvest intervals, which serve as an advantage to existing synthetic solutions and their usage limits. Similarly, advancements in biological control products, with increased consumer awareness of the ill effects of synthetic pesticides, are projected to raise biological control adoption rates soon.
The global biological control agents market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. According to BIS Research analysis, most of the companies preferred partnerships, collaborations, and joint ventures as a strategy to further increase their growth in the global biological control agents market.
A new entrant can focus on product formulation according to the environment it will focus on. As infestation of sects, pests, and diseases vary with the environment and focusing mainly on the formulating the product based on microbials can prove to be more advantageous for the new entrants in the biological control agents market.
The following can be considered as the USPs of this report:
• Extensive competitive benchmarking of the key 15 players (microbials-and macrobials-based product providers)
• Market share analysis based on product portfolio and recent developments
• Company profiles, competitive benchmarking, and patent analysis
The companies planning to enter into manufacturing and commercializing biological control agent products, research institutions, and regulatory bodies should buy this report.
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