Europe is Dominating Biocontrol Agents Industry

In 2021, the biocontrol Agents market size stood at USD 4,851.7 million, which is projected to witness a 12.2% CAGR during 2021-2030, reaching USD 13,634.3 million by 2030 as per P&S Intelligence.

The increasing utilization of biological items in comparison to chemical-based crop protection items is boosting the growth of the market. Furthermore, the biocontrol agents are eco-friendly, have no injurious effects on humans, and are effective across the season, making them perfect for pest control.

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In 2021, Europe had the largest market, worldwide, and the regional market is also projected to grow at a considerable rate in the future, because of the stringent guidelines by governments on the usage of chemical pesticides. For example, Europe aims to decrease by 50% the use of dangerous pesticides by 2030.

In 2021, North America held over 30% of revenue shares. This is because of the availability of plenty of fertile lands, the increase in demand for organic products, and the growing awareness regarding the efficiency of microbial pesticides.

Furthermore, in the U.S., the advanced agriculture industry has just started to familiarize itself with natural and organic agricultural approaches. For example, as per the source, the demand for organic agriculture rose by approximately 30% in the country in 2021.

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Hence, the increasing need for biocontrol agents for pest control and no diverse effects on humans will the biocontrol agents' market in the future.

Browse more reports:

Seed Treatment Market Report - https://www.psmarketresearch.com/press-release/seed-treatment-market

Crop Protection Chemicals Market Report - https://www.psmarketresearch.com/press-release/crop-protection-chemicals-market

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