Industry Background:
Biological Pest Control is a method of controlling predators, insects, weeds, mites, and plant diseases using other organisms. It is a component of an integrated pest management strategy. There are three methods of Control which are Conservation Biological Control, Classical Biological Control, and Augmentative Biological Control. This is cost-effective and environment-friendly control as it causes no pollution and affects only the target plant.This growth is primarily driven by The growing population of the pest
.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Agricultural Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Syngenta Group (Switzerland), Koppert (Netherlands), Biobest Group NV (Belgium), BioWorks Inc. (United States), Corteva (United States), FMC Corporation (United States), Isagro (Italy), Dudutech (Kenya), BASF SE (Germany) and Marrone Bio Innovations, Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In October 2020, Syngenta Group acquired the biologic company Valagro from its Syngenta Crop Protection division. Syngenta Group officials said the investment positions Syngenta Crop Protection as one of the key global players shaping the biologics market, which will double over the next five years. Valagro continues to operate as an independent brand in markets within Syngenta's crop protection business.
On July 30, 2019, BASF launches the next advance in biological pest control for vegetable crops. Velifer biological insecticide is now registered for use in Australia. BASF’s newest biological featuring beneficial fungus brings an entirely new method of pest control to the market. Complementary pest control in protected crops is an important step forward for integrated pest management.The global biological pest control market is fragmented due to the presence of several players at the global and regional levels. The level of competition among the companies in the biological pest control market is intense. Players are investing in the launch and new technologies to enhance their market presence.
Influencing Trend:
Rising Adoption of Environment-Friendly Pest Controlling Methods like Biological Pest Control
Market Growth Drivers:
The growing population of the pest and Emerging Need for Alternative to Chemical or Mechanical Control Methods
Challenges:
High Cost and Time Required for Setting Biological Pest Control System Hindering the Market Growth
Restraints:
Lack of Awareness about the Biological Pest Control May Restrains the Market Growth
Opportunities:
Surging Investment and Spending by Government Associations on Biological Technology will Boost the Biological Pest Control
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Biological Pest Control Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Biological Pest Control Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Biological Pest Control players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Biological Pest Control Study Sheds Light on
The Biological Pest Control Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Biological Pest Control industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Biological Pest Control industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.