Biocontrol Market By Type (Microbials {Bacteria, Viruses, Fungi}, Macrobials {Parasitoids, Predators}, Entomopathogenic Nematodes), By Target Pest (Arthropods, Weeds, Microorganisms), By Application (Seed Treatment, On-Field, Post-Harvest), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables) and By Region; Global Insights & Forecast (2024 – 2030)

As per Intent Market Research, the Biocontrol Market was valued at USD 6.8 billion in 2023 and will surpass USD 18.6 billion by 2030; growing at a CAGR of 15.4% during 2024 - 2030.

Microbial Products Segment Held a Dominant Position in Biocontrol Market

Microbial products held a dominant position in the biocontrol market due to their effectiveness, environmental safety, and sustainability. These products, which include various microorganisms such as bacteria, fungi, and viruses, offer a biological alternative to traditional chemical pesticides, appealing to an increasing number of growers seeking sustainable agriculture practices. Microbial biocontrol agents are often highly specific to their target pests, reducing the risk of non-target effects and fostering a more balanced ecosystem. Additionally, they can enhance soil health and plant resilience, further contributing to overall agricultural productivity. The growing consumer demand for organic produce and the stringent regulations surrounding chemical pesticides have further accelerated the adoption of microbial products.

North America is Projected to Have the Largest Market Size During the Forecast Period

North America is at the forefront of the biocontrol market, largely fueled by several interrelated factors. The increasing consumer demand for high-quality food products has prompted farmers and producers to seek sustainable and environmentally friendly alternatives to traditional chemical pesticides. This shift is particularly evident as more consumers prioritize health-conscious choices, leading to a heightened focus on food safety and quality.

In addition, the growth of organic agriculture in the region has significantly contributed to the expansion of the biocontrol sector. Organic farming practices emphasize the use of natural pest management solutions, thereby driving the adoption of biocontrol products.

The report focuses on estimating the current market potential in terms of the total addressable market for all the segments, sub-segments, and regions. In the process, all the high-growth and upcoming technologies were identified and analyzed to measure their impact on the current and future market. The report also identifies the key stakeholders, their business gaps, and their purchasing behavior. This information is essential for developing effective marketing strategies and creating products or services that meet the needs of the target market. The report also covers a detailed analysis of the competitive landscape which includes major players, their recent developments, growth strategies, product benchmarking, and manufacturing operations among others. Also, brief insights on start-up ecosystem and emerging companies is also included as part of this report.

Report Objectives:

The report will help you answer some of the most critical questions in the Biocontrol Market. A few of them are as follows:

1. What are the key drivers, restraints, opportunities, and challenges influencing the market growth?
2. What are the prevailing technology trends in the Biocontrol Market?
3. What is the size of the Biocontrol Market based on segments, sub-segments, and regions?
4. What is the size of different market segments across key regions: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa?
5. What are the market opportunities for stakeholders after analyzing key market trends?
6. Who are the leading market players and what are their market share and core competencies?
7. What is the degree of competition in the market and what are the key growth strategies adopted by leading players?
8. What is the competitive landscape of the market, including market share analysis, revenue analysis, and a ranking of key players?

Report Scope: