Product ID: UCMIG15E2117
Biocontrol Agents Market Size, Share, Growth Analysis, By Active Substance(Microbials, Bacteria), By Crops(Fruits & Vegetables, Cereals & Grains), By Application(Seed treatment, On-field), By Region(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG15E2117 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Biocontrol Agents Market Insights
Market Overview:
The Biocontrol Agents Market size surpassed USD 3 billion in 2018 and is expected to witness a CAGR of around 15% from 2019 to 2025. This growth is attributed to the increasing adoption of biocontrol agents in farming as a replacement for synthetic chemicals, the growing popularity of organic farming in Europe, and the rising demand for food products worldwide. Biocontrol agents are eco-friendly, have no harmful effects on humans, and are effective throughout the growing season, making them an ideal solution for pest control in agriculture.
Biocontrol Agents Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Specialty Chemicals by segment aggregation, the contribution of the Specialty Chemicals in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Biocontrol Agents Market Report Snapshots
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