Biocontrol Agents Market to Reach USD 13,634.3 Million by 2030

1. Biocontrol Agents Marketto Reach USD 13,634.3 Million by 2030 1 © Prescient & Strategic Intelligence Private Limited. All rights reserved

2. In 2021, the biocontrol Agents market size stood at USD 4,851.7 million, which is projected to witness a 12.2% CAGR during 2021–2030, reaching USD 13,634.3 million by 2030 as per P&S Intelligence. The increasing utilization of biological items in comparison to chemical-based crop protection items is boosting the growth of the market. Furthermore, the biocontrol agents are eco-friendly, have no injurious effects on humans, and are effective across the season, making them perfect for pest control. In 2021, Europe had the largest market, worldwide, and the regional market is also projected to grow at a considerable rate in the future, because of the stringent guidelines by governments on the usage of chemical pesticides. For example, Europe aims to decrease by 50% the use of dangerous pesticides by 2030. To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/biocontrol- agents-market/report-sample In 2021, the microbial category had the largest biocontrol agents market revenue share of approximately 60% and is projected to experience a growth at the fastest pace in the coming years. This can be credited to the superb ability that microbes hold to remove pests from the ground and improve crop productivity. Furthermore, microbial agents are tremendously precise against embattled pests, support the survival of helpful insects in treated crops, and inspire their growth. In 2021, the cereals and grains category garnered over 40% of the market share. This is mainly because of the high demand for cereals and grains by the increasing populace throughout the globe, and pesticide remains and is usually a source of worry for consumers in their food items. Furthermore, according to the government source, growers lost approximately 40–45% of crops because of pests, worldwide. Thus, biocontrol agents are extensively utilized to protect cereal and grain crops from damage. Inquire before purchase@ https://www.psmarketresearch.com/send- enquiry?enquiry-url=biocontrol-agents-market In 2021, the on-field category dominated the market with the largest share. The removal of some chemical pesticides and the plentiful benefits of on-field services have a positive influence on the growth of the market in this category. Correspondingly, as on-field spraying is measured harmless, most agriculturalists use biocontrol agents on the crops to surge crop production. 2 © Prescient & Strategic Intelligence Private Limited. All rights reserved

3. In 2021, North America held over 30% of revenue shares. This is because of the availability of plenty of fertile lands, the increase in demand for organic products, and the growing awareness regarding the efficiency of microbial pesticides. Furthermore, in the U.S., the advanced agriculture industry has just started to familiarize itself with natural and organic agricultural approaches. For example, as per the source, the demand for organic agriculture rose by approximately 30% in the country in 2021. Hence, the increasing need for biocontrol agents for pest control and no diverse effects on humans will the biocontrol agents’ market in the future. The research offers the size of the global biocontrol agents market for the period 2017–2030. Market Segmentation by Active Substance Microbials Macrobials Entomopathogenic Nematodes Market Segmentation by Crop Type Cereals & Grains Vegetables & Fruits Pulses & Oilseeds Others Market Segmentation by Target Pest Arthropods Weeds Microorganisms Market Segmentation by Application Seed Treatment On-Field Post-Harvest Market Segmentation by Region North America Biocontrol Agents Market • • • • • • • • • • • • • • oBy active substance oBy crop type oBy target pest oBy application oBy country – U.S. and Canada 3 © Prescient & Strategic Intelligence Private Limited. All rights reserved

4. Europe Biocontrol Agents Market • oBy active substance oBy crop type oBy target pest oBy application oBy country – France, Germany, Italy, Spain, U.K., and Rest of Europe Asia-Pacific (APAC) Biocontrol Agents Market • oBy active substance oBy crop type oBy target pest oBy application oBy country – China, India, Japan, Australia, South Korea, and Rest of APAC Latin America (LATAM) Biocontrol Agents Market • oBy active substance oBy crop type oBy target pest oBy application oBy country – Brazil, Mexico, and Rest of LATAM Middle East and Africa (MEA) Biocontrol Agents Market • oBy active substance oBy crop type oBy target pest oBy application oBy country – Saudi Arabia, South Africa, and Rest of MEA 4 © Prescient & Strategic Intelligence Private Limited. All rights reserved

5. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 4 ©P&SIntelligence.Allrightsreserved 5 © Prescient & Strategic Intelligence Private Limited. All rights reserved