Global Biological Control Market Size | COVID-19 Impact Analysis | Forecast to 2027
The biological control market is estimated to grow at a significant CAGR during the forecast period. The COVID-19 crisis has had a negative impact on the biological control market. The global lockdowns and restrictions on travel have reduced the availability and accessibility of biological control agents in the market. The production efficiency is reduced due to shortage of labour, scarce availability of raw materials, and slow or lack of transportation. The growing area under organic cultivation, less rigorous regulations, and rising need for food security are the few key market propel that are boosting the sale of biologicals. However, the lower shelf life of the product and low awareness among the farmers are likely to obstruct the market growth.
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Microbials are anticipated to grow at a faster rate
due to the rising use of microbials in several applications, like seed
treatment, on-field, and post-harvest applications. Owing to the faster
adoption rate of biological controls by North American and European farmers,
both regions act as the main markets for biological controls. The global
biological control market is anticipated to be a fragmented market during the
forecast period due to the easy product registration and relatively low capital
investment, making it easy for a new entrant to enter the market. Organic
farming represents a unique, fast-growing segment of the food industry. Several
factors alternately propel and obstruct the growth of biopesticides. The area
under organic farming is rapidly growing across the globe.
Market Coverage
·
The market number available for – 2020-2027
·
Base year- 2020
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Forecast period- 2021-2027
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Segment Covered-
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By Type
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By Target Pest
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By Application
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Competitive Landscape: ROVENSA, S.A., Bayer AG,
Isagro SpA, Marrone Bio Innovations, Inc., Syngenta AG, Andermatt Biocontrol
AG, and others
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Global Biological Control Market by Segment
By Type
• Conservation
• Classical Biological
Control
• Augmentation
By Target pest
• Arthropods
• Weeds
• Microorganisms
By Application
• Seed Treatment
• On-Field
• Post-Harvest
Global Biological Control Market by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the World
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