Will Europe be instrumental in biocontrol agents market size expansion?

Europe and North America are set to underscore biocontrol agents market share given the popularity of organic farming activities and escalating demand for organic food products. Amid Brexit riddle, EU legislatives have joined hands to address quality food production and sustainable farming by embracing organic farming. According to EU, 13.36 mn hectares of agricultural land was covered by organic farming in the EU in 2017 alone. Meanwhile, organic area grew by nearly 30% between 2012-2017.

Besides, presence of several R&D firms, rising demand for organic farm products and high capital investments will potentially boost biocontrol agents market size by 2025. Growing traction towards crop protection technologies will further impel biocontrol agents market share.

Microbial biocontrol agents are usually applied to crops to monitor plant pathogens and improve nutrient availability. Further, microbial biocontrol agents augment productivity and health of the crop. Global Market Insights, Inc. projects microbials segment to accrue more than 70% of biocontrol agents market share by 2025. Microbials are normally applied to a seed or sprayed on a plant directly. Among microbials, bacteria is highly sought-after owing to its impact on insects via digestive tract.

With perishable products such as fruits and vegetables being prone to a myriad of diseases, significance of biocontrol agents has indeed surged in fruits and vegetables segment. Accordingly, fruits and vegetables segment is slated to exceed US$ 3.1 bn by 2025-end.

Rising awareness regarding detrimental impact of pesticides will augur well for biocontrol agents market size expansion. Global Market Insights, Inc. predicts fruits and vegetables segment to expand at a robust CAGR of over 15% by 2025.

Seed treatment using biocontrol agents tends to reduce utility of agrochemicals, thereby minimizing exposure to chemicals and reducing cost of production. Seed treatment application segment is set to register over 30% of biocontrol agents market share by 2025.

Stakeholders in biocontrol agents market have been experiencing a robust surge in their y-o-y revenue, mainly attributed to increasing government initiatives to underpin bio-based products and the ongoing go-green trend. Biological control agents have the innate capability of replacing chemical agents by curbing emission. Unlike conventional pesticides, biological control agents are less harmful and decompose easily without leaving lethal residues.

Notably, recycling of natural resources in organic farming and increasing traction for conservation are set to impel biocontrol agents market share. Moreover, biocontrol agents decompose easily without leaving and have the capability of reducing use of traditional pesticides.

Sustainable agriculture has been indispensable in modern world with biocontrol agents being used to shield an array of crops from impending danger from herbivore organisms and pests. Clampdown on chemical pesticide use and rising awareness pertaining to use of biocontrol agents will potentially impel biocontrol agents market outlook.

Researchers believe on-field application of the product to be ideal and effective owing to increasing demand from organic farmers. Accordingly, biocontrol agents market trend will get a boost from on-field application segment.

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