Biocontrol Agents Market Size, Trends and Insights By Type (Predators, Parasitoids, Pathogens, Others), By Formulation (Liquid, Dry, Granular), By Application Method (Foliar spray, Seed treatment, Soil treatment, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- BASF SE
- Bayer AG
- Syngenta AG
- FMC Corporation
- Novozymes
- Koppert Biological Systems
- Others
Reports Description
Global Biocontrol Agents Market was valued at USD 5.8 Billion in 2023 and is expected to reach USD 10.6 Billion by 2032, at a CAGR of 8.1% during the forecast period 2023 – 2032.
Biocontrol agents are microorganisms that are employed in biological pest management systems that control pests and illnesses in agriculture, forestry, and other settings. These pathogens may contain insects, fungus, bacteria, viruses, nematodes, and other creatures that feast on or parasitize pest populations.
Biocontrol Agents Market: Growth Factors
Growing demand for sustainable agriculture practices
As consumers become more environmentally conscious, there is an increasing preference for food produced in ways that undertake as little environmental impact as possible. Biocontrol agents, such as beneficial insects and microbial pesticides, provide a natural and environmentally acceptable alternative to conventional pesticides, therefore lowering agriculture’s ecological imprint.
Furthermore, sustainable agricultural techniques increase diversification and soil health, resulting in a more robust farming system. Biocontrol agents play an important part in this by promoting natural pest control processes and lowering the need for synthetic insecticides.
Moreover, government rules and incentives aimed at improving sustainable agriculture increase the market for biocontrol chemicals. Therefore, the transition to ethical farming methods corresponds with the usage of biocontrol agents, boosting market expansion as farmers seek effective and ecologically favourable solutions.
For instance, using extensive research findings, the FAO contends that sustainable food and agriculture (SFA) promotes all four elements of food security – availability, access, utilisation, and stability. This indicates that SFA will increase food production, and ensure equitable distribution, effective consumption, and long-term availability.
Organic agricultural methods, such as cover cropping, the use of minimum chemical fertilizers and chemicals, and composting and manure, increase soil fertility and decrease erosion.
Exponential growth in organic food industry
The exponential rise of the organic food business increases the need for biocontrol agents in agriculture. Due to organic farming eliminates synthetic pesticides and fertilizers, farmers must rely on natural methods such as biocontrol agents to efficiently manage pests and illnesses.
Biocontrol agents, including beneficial insects, nematodes, and microbiological agents, provide ecologically friendly solutions that are consistent with organic agricultural principles. As farmers seek environmentally friendly alternatives to traditional chemical treatments, the market for biocontrol agents grows.
Furthermore, customers’ growing desire for organic products fuels this trend, forcing farmers to invest in biocontrol methods to fulfil market needs while remaining organically certified.
This synergistic link between the organic food business and the biocontrol product market encourages innovation and investment in research.
For instance, according to a 2022 survey conducted across 187 countries practising organic agriculture by the International Federation of Organic Agriculture Movements (IFOAM) and the Research Institute of Organic Agriculture (FiBL), organic food is grown on 2.6 million acres in India, making it the globe’s fifth largest producer.
According to the research, organic farming accounts for 1.5% of the total agricultural area, and India’s sustainable farming land under cultivation has expanded by 145.1% in the previous 10 years. According to the Economic Survey 2022-2023, India has the globe’s largest number of organic farmers, 4.43 million.
Biocontrol Agents Market: Restraints
High costs of production
The high manufacturing costs can harm the biocontrol agent industry in a variety of ways. The costs connected with research and development, as well as the manufacturing process itself, can raise the ultimate price of biocontrol agents. This reduces their competitiveness in comparison to chemical pesticides, which may be less expensive to produce.
Furthermore, biocontrol chemicals sometimes need special equipment and facilities for manufacture, which adds to the price. These high manufacturing costs may discourage both suppliers and consumers from purchasing biocontrol agents, restricting acceptance and market expansion.
Moreover, greater pricing for biocontrol agents might render them less appealing to farmers, who are generally price-sensitive and may choose less expensive alternatives, even if they pose environmental or health dangers.
Biocontrol Agents Market: Opportunities
Advancements in product invention and technology
Product innovation and technological advancements are critical to the biocontrol agent’s market’s growth. These breakthroughs enable the creation of more effective and focused biocontrol solutions for pest and disease management in agriculture.
For instance, biotechnology enables the development of genetically engineered biocontrol agents with better capabilities, that include higher pest selectivity or tolerance to environmental stresses. In addition, technical advancements in composition and delivery methods contribute to the efficacy and efficiency of biocontrol products, making them easier to use and more cost-effective for farmers.
Moreover, advances in data analytics and precision agriculture allow producers to better monitor pest populations and analyze the efficiency of biological control treatments in real time, resulting in enhanced decision-making and efficient pest management.
For instance, Biocontrol may be made to be very selective, affecting just the targeted pest(s). So, when it is sprayed onto the plant, the biocontrol targets a crop pest like the Colorado Potato Beetle, which may damage whole harvests; nevertheless, our preliminary findings show that beneficial insects and even closely related species are unaffected. Syngenta’s RNA-based biocontrol is then broken down in the environment, leaving the plant unaffected.
Syngenta is dedicated to being honest, given the exciting nature of RNA-based biocontrols and their potential benefits for people, farmers, and the environment.
Biocontrol Agents Market: Segmentation Analysis
Global Biocontrol Agents market is segmented by type, formulation, application method, and region. Based on type, the market is classified into predators, parasitoids, pathogens, and others. Predators dominated the market in 2022 with a market share of 45% and is expected to keep its dominance during the forecast period 2024-2032.
Predators influence pest population dynamics, which drives the biocontrol agent market. Predatory creatures, such as insects, birds, and mammals, naturally control pest populations by feeding on them.
The presence of predators in agricultural settings can considerably reduce the consumption of chemical pesticides, which are hazardous to both the environment and human health. As people become more aware of the harmful effects of pesticides, there is a greater need for alternate pest control approaches, such as biocontrol agents.
These agents may involve predatory insects, parasitoids, nematodes, and microbial insecticides which target pests while causing little harm to other creatures and the environment. The abundance of predators not only emphasizes the significance of biological pest management but also presents chances for the development and adoption of biocontrol products, driving growth in the biocontrol agent market.
Based on formulation, the market is classified into liquid, dry and granular. The liquid formulation segment dominated the market in 2022 with a market share of 40% and is expected to keep its dominance during the forecast period 2024-2032.
Liquid formulations of biocontrol agents have various benefits that fuel market expansion. Moreover, liquid formulations frequently have a longer shelf life and higher stability, maintaining the biocontrol agents’ viability until they are used. This makes them more efficient in controlling pests and illnesses in agricultural fields.
Furthermore, liquid formulations may be readily integrated into existing agricultural methods, which include spray equipment, making them easy for farmers to implement without requiring significant modifications to their routine.
Based on the application method, the market is classified into foliar spray, seed treatment, soil treatment, and others. The foliar spray segment dominated the market in 2022 with a market share of 55% and is expected to keep its dominance during the forecast period 2024-2032.
Foliar spray is an important driver of the biocontrol agent industry because it allows beneficial bacteria or natural enemies to be applied directly to plant leaves. This strategy guarantees that biocontrol chemicals are delivered to pest-infested regions, maximizing their efficiency in managing pest populations.
In addition, foliar sprays may be adjusted to individual pests or diseases, offering a flexible approach to pest management.
Report Scope
| Feature of the Report | Details |
| Market Size in 2023 | USD 5.8 Billion |
| Projected Market Size in 2032 | USD 10.6 Billion |
| Market Size in 2022 | USD 4.5 Billion |
| CAGR Growth Rate | 8.1% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Type, Formulation, Application Method and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Biocontrol Agents Market: Regional Analysis
By region, Biocontrol Agents market is segmented into North America, Europe, Asia-Pacific, Latin America, the Middle East & Africa. The Asia-Pacific dominated the global Biocontrol Agents market in 2022 with a market share of 45% in 2022 and is expected to keep its dominance during the forecast period 2024-2032.
The region’s significant agricultural industry confronts issues such as insect outbreaks, illnesses, and environmental concerns, which drives the need for long-term pest management solutions including biocontrol agents.
Furthermore, as farmers in Asia-Pacific become more conscious of the negative impacts of chemical pesticides on human health and the environment, they are turning to biocontrol agents as safer alternatives. Moreover, governments in China, India, and Australia are aggressively supporting integrated pest management (IPM) approaches, including the use of biocontrol agents.
This assistance comprises subsidies, incentives, and instructional initiatives targeted at persuading farmers to use biocontrol agents. Furthermore, the Asia-Pacific region’s varied range of temperatures and ecosystems creates an ideal environment for the creation and application of a variety of biocontrol agents customized to local conditions.
Biocontrol Agents Market: Recent Developments
- In January 2022, BASF SE introduced Seltima biological fungicide in Brazil to combat Asian soybean rust disease. The new biofungicide boosts BASF’s agriculture services industry in Latin America.
- In September 2022, Bayer AG acquired Biagro Group, an Argentina-based biologicals company. The acquisition strengthened Bayer’s biocontrol capabilities and position in Latin America.
- In May 2020, Corteva Agriscience signed a contract with Andermatt to offer a distribution network for Andermatt’s biologicals. The collaboration increased access to Swiss technologies for farmers globally.
List of the prominent players in the Biocontrol Agents Market:
- BASF SE
- Bayer AG
- Syngenta AG
- FMC Corporation
- Novozymes
- Koppert Biological Systems
- Certis USA LLC
- Andermatt Biocontrol AG
- Som Phytopharma India Ltd
- Valent Biosciences LLC
- BioWorks Inc.
- Marrone Bio Innovations
- Monsanto Company
- Isagro Group
- Camson Biotechnologies Limited
- Lallemand Inc.
- Biobest Group NV
- Stockton Group
- Rizobacter Argentina S.A.
- Bioline Agrosciences
- Others
These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The Biocontrol Agents Market is segmented as follows:
By Type
- Predators
- Parasitoids
- Pathogens
- Others
By Formulation
- Liquid
- Dry
- Granular
By Application Method
- Foliar spray
- Seed treatment
- Soil treatment
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Biocontrol Agents Market, (2024 – 2033) (USD Billion)
- 2.2 Global Biocontrol Agents Market: snapshot
- Chapter 3. Global Biocontrol Agents Market – Industry Analysis
- 3.1 Biocontrol Agents Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Growing demand for sustainable agriculture practices
- 3.2.2 Exponential growth in organic food industry
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Formulation
- 3.7.3 Market Attractiveness Analysis By Application Method
- Chapter 4. Global Biocontrol Agents Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Biocontrol Agents Market: Company Market Share, 2022
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Biocontrol Agents Market – Type Analysis
- 5.1 Global Biocontrol Agents Market Overview: By Type
- 5.1.1 Global Biocontrol Agents Market Share, By Type, 2022 and – 2033
- 5.2 Predators
- 5.2.1 Global Biocontrol Agents Market by Predators, 2024 – 2033 (USD Billion)
- 5.3 Parasitoids
- 5.3.1 Global Biocontrol Agents Market by Parasitoids, 2024 – 2033 (USD Billion)
- 5.4 Pathogens
- 5.4.1 Global Biocontrol Agents Market by Pathogens, 2024 – 2033 (USD Billion)
- 5.5 Others
- 5.5.1 Global Biocontrol Agents Market by Others, 2024 – 2033 (USD Billion)
- 5.1 Global Biocontrol Agents Market Overview: By Type
- Chapter 6. Global Biocontrol Agents Market – Formulation Analysis
- 6.1 Global Biocontrol Agents Market overview: By Formulation
- 6.1.1 Global Biocontrol Agents Market Share, By Formulation, 2022 and – 2033
- 6.2 Liquid
- 6.2.1 Global Biocontrol Agents Market by Liquid, 2024 – 2033 (USD Billion)
- 6.3 Dry
- 6.3.1 Global Biocontrol Agents Market by Dry, 2024 – 2033 (USD Billion)
- 6.4 Granular
- 6.4.1 Global Biocontrol Agents Market by Granular, 2024 – 2033 (USD Billion)
- 6.1 Global Biocontrol Agents Market overview: By Formulation
- Chapter 7. Global Biocontrol Agents Market – Application Method Analysis
- 7.1 Global Biocontrol Agents Market Overview: By Application Method
- 7.1.1 Global Biocontrol Agents Market Share, By Application Method, 2022 and – 2033
- 7.2 Foliar spray
- 7.2.1 Global Biocontrol Agents Market by Foliar Spray, 2024 – 2033 (USD Billion)
- 7.3 Seed treatment
- 7.3.1 Global Biocontrol Agents Market by Seed Treatment, 2024 – 2033 (USD Billion)
- 7.4 Soil treatment
- 7.4.1 Global Biocontrol Agents Market by Soil Treatment, 2024 – 2033 (USD Billion)
- 7.5 Others
- 7.5.1 Global Biocontrol Agents Market by Others, 2024 – 2033 (USD Billion)
- 7.1 Global Biocontrol Agents Market Overview: By Application Method
- Chapter 8. Biocontrol Agents Market – Regional Analysis
- 8.1 Global Biocontrol Agents Market Regional Overview
- 8.2 Global Biocontrol Agents Market Share, by Region, 2022 & – 2033 (USD Billion)
- 8.3. North America
- 8.3.1 North America Biocontrol Agents Market, 2024 – 2033 (USD Billion)
- 8.3.1.1 North America Biocontrol Agents Market, by Country, 2024 – 2033 (USD Billion)
- 8.3.1 North America Biocontrol Agents Market, 2024 – 2033 (USD Billion)
- 8.4 North America Biocontrol Agents Market, by Type, 2024 – 2033
- 8.4.1 North America Biocontrol Agents Market, by Type, 2024 – 2033 (USD Billion)
- 8.5 North America Biocontrol Agents Market, by Formulation, 2024 – 2033
- 8.5.1 North America Biocontrol Agents Market, by Formulation, 2024 – 2033 (USD Billion)
- 8.6 North America Biocontrol Agents Market, by Application Method, 2024 – 2033
- 8.6.1 North America Biocontrol Agents Market, by Application Method, 2024 – 2033 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Biocontrol Agents Market, 2024 – 2033 (USD Billion)
- 8.7.1.1 Europe Biocontrol Agents Market, by Country, 2024 – 2033 (USD Billion)
- 8.7.1 Europe Biocontrol Agents Market, 2024 – 2033 (USD Billion)
- 8.8 Europe Biocontrol Agents Market, by Type, 2024 – 2033
- 8.8.1 Europe Biocontrol Agents Market, by Type, 2024 – 2033 (USD Billion)
- 8.9 Europe Biocontrol Agents Market, by Formulation, 2024 – 2033
- 8.9.1 Europe Biocontrol Agents Market, by Formulation, 2024 – 2033 (USD Billion)
- 8.10 Europe Biocontrol Agents Market, by Application Method, 2024 – 2033
- 8.10.1 Europe Biocontrol Agents Market, by Application Method, 2024 – 2033 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Biocontrol Agents Market, 2024 – 2033 (USD Billion)
- 8.11.1.1 Asia Pacific Biocontrol Agents Market, by Country, 2024 – 2033 (USD Billion)
- 8.11.1 Asia Pacific Biocontrol Agents Market, 2024 – 2033 (USD Billion)
- 8.12 Asia Pacific Biocontrol Agents Market, by Type, 2024 – 2033
- 8.12.1 Asia Pacific Biocontrol Agents Market, by Type, 2024 – 2033 (USD Billion)
- 8.13 Asia Pacific Biocontrol Agents Market, by Formulation, 2024 – 2033
- 8.13.1 Asia Pacific Biocontrol Agents Market, by Formulation, 2024 – 2033 (USD Billion)
- 8.14 Asia Pacific Biocontrol Agents Market, by Application Method, 2024 – 2033
- 8.14.1 Asia Pacific Biocontrol Agents Market, by Application Method, 2024 – 2033 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Biocontrol Agents Market, 2024 – 2033 (USD Billion)
- 8.15.1.1 Latin America Biocontrol Agents Market, by Country, 2024 – 2033 (USD Billion)
- 8.15.1 Latin America Biocontrol Agents Market, 2024 – 2033 (USD Billion)
- 8.16 Latin America Biocontrol Agents Market, by Type, 2024 – 2033
- 8.16.1 Latin America Biocontrol Agents Market, by Type, 2024 – 2033 (USD Billion)
- 8.17 Latin America Biocontrol Agents Market, by Formulation, 2024 – 2033
- 8.17.1 Latin America Biocontrol Agents Market, by Formulation, 2024 – 2033 (USD Billion)
- 8.18 Latin America Biocontrol Agents Market, by Application Method, 2024 – 2033
- 8.18.1 Latin America Biocontrol Agents Market, by Application Method, 2024 – 2033 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Biocontrol Agents Market, 2024 – 2033 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Biocontrol Agents Market, by Country, 2024 – 2033 (USD Billion)
- 8.19.1 The Middle-East and Africa Biocontrol Agents Market, 2024 – 2033 (USD Billion)
- 8.20 The Middle-East and Africa Biocontrol Agents Market, by Type, 2024 – 2033
- 8.20.1 The Middle-East and Africa Biocontrol Agents Market, by Type, 2024 – 2033 (USD Billion)
- 8.21 The Middle-East and Africa Biocontrol Agents Market, by Formulation, 2024 – 2033
- 8.21.1 The Middle-East and Africa Biocontrol Agents Market, by Formulation, 2024 – 2033 (USD Billion)
- 8.22 The Middle-East and Africa Biocontrol Agents Market, by Application Method, 2024 – 2033
- 8.22.1 The Middle-East and Africa Biocontrol Agents Market, by Application Method, 2024 – 2033 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 BASF SE
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Bayer AG
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Syngenta AG
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 FMC Corporation
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Novozymes
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Koppert Biological Systems
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Certis USA LLC
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Andermatt Biocontrol AG
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Som Phytopharma India Ltd
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Valent Biosciences LLC
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 BioWorks Inc.
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Marrone Bio Innovations
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Monsanto Company
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Isagro Group
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Camson Biotechnologies Limited
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Lallemand Inc.
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.17 Biobest Group NV
- 9.17.1 Overview
- 9.17.2 Financials
- 9.17.3 Product Portfolio
- 9.17.4 Business Strategy
- 9.17.5 Recent Developments
- 9.18 Stockton Group
- 9.18.1 Overview
- 9.18.2 Financials
- 9.18.3 Product Portfolio
- 9.18.4 Business Strategy
- 9.18.5 Recent Developments
- 9.19 Rizobacter Argentina S.A.
- 9.19.1 Overview
- 9.19.2 Financials
- 9.19.3 Product Portfolio
- 9.19.4 Business Strategy
- 9.19.5 Recent Developments
- 9.20 Bioline Agrosciences
- 9.20.1 Overview
- 9.20.2 Financials
- 9.20.3 Product Portfolio
- 9.20.4 Business Strategy
- 9.20.5 Recent Developments
- 9.21 Others.
- 9.21.1 Overview
- 9.21.2 Financials
- 9.21.3 Product Portfolio
- 9.21.4 Business Strategy
- 9.21.5 Recent Developments
- 9.1 BASF SE
List Of Figures
Figures No 1 to 27
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2032
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Prominent Player
- BASF SE
- Bayer AG
- Syngenta AG
- FMC Corporation
- Novozymes
- Koppert Biological Systems
- Certis USA LLC
- Andermatt Biocontrol AG
- Som Phytopharma India Ltd
- Valent Biosciences LLC
- BioWorks Inc.
- Marrone Bio Innovations
- Monsanto Company
- Isagro Group
- Camson Biotechnologies Limited
- Lallemand Inc.
- Biobest Group NV
- Stockton Group
- Rizobacter Argentina S.A.
- Bioline Agrosciences
- Others
FAQs
The restraints of the Biocontrol Agents market is high costs of production.
The major driver for the Biocontrol Agents market is growing demand for sustainable agriculture practices and exponential growth in organic food industry.
The “Predators” category dominated the market in 2022.
The key players in the market are BASF SE, Bayer AG, Syngenta AG, FMC Corporation, Novozymes, Koppert Biological Systems, Certis USA LLC, Andermatt Biocontrol AG, Som Phytopharma India Ltd, Valent Biosciences LLC, BioWorks Inc., Marrone Bio Innovations, Monsanto Company, Isagro Group, Camson Biotechnologies Limited, Lallemand Inc., Biobest Group NV, Stockton Group, Rizobacter Argentina S.A., Bioline Agrosciences, Others.
“Asia-Pacific” had the largest share in the Biocontrol Agents Market.
The global market is projected to grow at a CAGR of 8.1% during the forecast period, 2023-2032.
The Biocontrol Agents Market size was valued at USD 5.8 Billion in 2023.