The Biocontrol Global Market Report 2023, provides comprehensive information on the biocontrol market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Biocontrol Global Market Report 2023, the market size is expected to grow from $5.14 billion in 2022 to $6.03 billion in 2023 at a compound annual growth rate (CAGR) of 17.39%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The global biocontrol market size is expected to reach $11.20 billion in 2027 at a CAGR of 16.74%.
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Product innovation has emerged as a key trend gaining popularity in the biocontrol market. Major market players are concentrating their efforts on creating innovative products to strengthen their position in the market. For instance, in March 2020, a Germany-based pharmaceutical and life sciences company launched its first biofungicide product called Serenade. Serenade is designed to provide sustainable protection against fungal diseases in crops. This innovative product provides long-lasting protection against fungal diseases, with a residual effect of up to 14 days.
The biocontrol market is segmented:
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
North America was the largest region in the biocontrol market in 2022.
The table of contents in TBRC’s biocontrol market report includes:
1. Executive Summary
2. Biocontrol Market Characteristics
3. Biocontrol Market Trends And Strategies
4. Biocontrol Market – Macro Economic Scenario
5. Biocontrol Market Size And Growth
….
26. Africa Biocontrol Market
27. Biocontrol Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Biocontrol Market
29. Biocontrol Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
BASF SE
Bayer Crop Science
Corteva Agriscience
UPL Limited
Syngenta AG
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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