BioControl Agents (BCAs) are beneficial organisms that assist farmers in pest control and plant growth. BCA is one of the emerging trends in the crop protection industry supporting the wider trend of non-chemical pest control. Due to massive growth of human population, changes in global climate, the emergence of novel/more virulent pathogens, there has been an increase in the demand for chemical-free and sustainably produced food products. Biological control market plays its role for the same. The use of bacterium-based biological control agents (BCAs) will be supportive if used as a part of an integrated management system.
The increasing awareness for the food safety and rising adoption rates for the biological control applications is projected to drive the overall Integrated Pest Management Market.
Market Trends:
Currently, the BioControl Agents segment accounts to 3%-4% of the global pest control market. The global biocontrol agents market is estimated grow at a CAGR of 13.1% during the forecast period 2015-2020.
Increasing concern on soil fertility, environmental and food contamination related to excess use of chemical pesticides is one of the primary factors that has been driving the growth of this market. However, lack of enough awareness and knowledge among growers regarding these environmental friendly and effective pest control mechanisms hinders the reach of BioControl products.
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Geographical Outlook:
The overall market is also presented from the perspective of different geographic regions and the key countries in each region. North America is the dominant market which held more than one-third share in 2014 and is estimated to be the fastest growing, mainly driven by escalating preference among growers and increasing penetration of IPM practices in the agricultural system of this region.
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