Market Size of Biological Control Industry
Study Period | 2017 - 2029 |
Market Size (2024) | USD 3.73 Billion |
Market Size (2029) | USD 5.25 Billion |
CAGR (2024 - 2029) | 7.08 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Biological Control Market Analysis
The Biological Control Market size is estimated at USD 3.73 billion in 2024, and is expected to reach USD 5.25 billion by 2029, growing at a CAGR of 7.08% during the forecast period (2024-2029).
- Biological Control methods are environmentally friendly, have no harmful effects on humans compared to synthetic agrochemicals, and are effective throughout the season, therefore making them ideal for pest control. Rising public concern about synthetic pesticide hazards to the human body coupled with growing regulations on synthetic chemicals in farming and subsequent bans on such chemicals across the world drives the biological control market during the coming year.
- Due to their lower cost than pesticides, biological controls are becoming more popular, which is fostering the expansion of the market. The need for it is growing daily because it can replace chemical agents by reducing emissions into the environment, which in turn leads to less soil and water pollution. Further, the increasing area under organic cultivation, less stringent regulations, and increasing need for food security are the major market drivers that are boosting the sales of biologicals. However, the less self-life of the product and low awareness among the farmers are likely to restrain the market growth.
- The developed country like United States is adopting biological control, mainly in case of soil treatment, to strengthen the crop productivity and vigor at an early stage. The rising cost of pesticides, which has, in turn, led to high usage of biological control products.
- The market is still in its initial stages. Increased R&D collaborations, partnerships, and other activities are underway to develop and expand the biological control market, which is expected to grow as consumer preferences shift toward organic food products. For instance, in march 2021, Bayer AG introduced Vynyty citrus, a crop protection product based on biological and pheromones to control pests on citrus farms. The product is currently being used in Spain and is available to growers of citrus and other crops in other Mediterranean countries.