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Bioconrol agents market to grow USD 2,871.6 million by 2020 according to new research report

The global biocontrol agents market is estimated to reach $2,871.6m by 2020 at a CAGR of 13.1%. On-field is the largest application for BCAs primarily driven by the use of beneficial insects, followed by seed treatment based on micro-organisms based on fungi and bacteria.

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According to the report BioControl Agents Market By Active Substance (Microbials, Macrobials,); By Application (Seed Treatment, On-Field); By Environment; By Crop (Cereals & Grains, Vegetables & Fruits); By Target Pest (Arthropods, Weeds, Micro-organisms) -Forecast (2015 - 2020)”, published by IndustryARC, the Biocontrol Agents Market is estimated to grow $2,871.6 Million by 2020 at high CAGR.

Browse 66 Market Tables, 22 Figures spread through 131 Pages and an in-depth TOC on “BioControl Agents Market

BioControl agents (BCAs) are beneficial organisms that assist the farmer in pest control and plant growth. BioControl agents are one of the emerging trends in the crop protection industry supporting the wider trend of non-chemicals pest control.

This market encompasses a wide variety of natural enemies which combat different pests in several crop fields. BioControl Agents market is well-established in developed nations especially in the Americas and Western Europe and is gaining importance in emerging nations.

Report: www.industryarc.com/id=15013

Integrated Pest Management (IPM) also referred as Integrated Pest Control (IPC) is a comprehensive approach that integrates various pest control practices to reduce the cost and environmental impact.IPM has been widely accepted in the crop protection industry as well as agricultural systems and is being adopted on a large-scale supporting the sustainable farming across the world. Biological control falls in line with the IPM practices and is vital component of economical pest control.

Increasing concern on soil fertility, environmental and food contamination related to excess use of chemical pesticides is one of the primary factors that have been driving the growth of this market.

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BioControl agents providers have been active in promoting these environmentally sustainable practices along with other non-chemical pest control methods.

Manufacturers of BCAs have been focusing on improving compatibility of these products with other IPM methods to reap the benefits from this emerging trend.

Major applications of biocontrol agents include on-field and seed treatment. Microbial products form a larger part of BCAs market in terms of revenue, as they are cost-effective, efficient, flexible and convenient for usage.

Macrobials which includes beneficial insects have been gaining considerable traction in horticultural applications. The market for products based on nematodes is still in the nascent phase and is estimated to grow at a healthy rate during 2015-2020.

North America is the dominant market for biocontrol agents and it is estimated to reach $488.4 Million by 2020 at a CAGR of 14.1% during 2015-2020. Heightened awareness and acceptance regarding Biological control in the agricultural system has put the North American market in the top position. Increasing use of BCAs for pest control in horticulture and high value crop fields spurs the market for these products in European region.

The major players in biocontrol agents market Include:

  • Bayer CropScience AG
  • BASF SE (Germany)
  • Syngenta AG (Switzerland)
  • Novozymes A/S (Denmark)
  • Koppert Biological systems (Netherlands)

BCAs providers are continuously investing in developing and launching of new microbial products with consistent support from the advancements in microbiology and plant pathology. Top five players account for approximately 67.8% of the total market.

However, emerging companies have been active in launching innovative products which impacts the dominance of top players in the coming years.

The global BCAs Market Report provides detailed analysis of the different ingredients and end-use segments.

Various types of products based on active substance included in the market study are:

  • Microbials
    • Fungi
    • Bacteria
    • Virus
    • Others
  • Macrobials
    • Parasitoids
    • Predators
    • Weed Killers
  • Entomopathogenic Nematodes

The overall market is also presented from the perspective of different applications, crops, pests, environments, geographic regions and the key countries for this industry.

Report: www.industryarc.com/pdfdownload.php?id=15013

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Category: Market Research Publishers and RetailersCompany profile: IndustryARC is a Research and consulting firm that publishes more than 500 Reports Annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in ...