DUBLIN, September 18, 2017 /PRNewswire/ --
The "Global Biological Control Market - Growth, Trends and Forecasts 2017 - 2022" report has been added to Research and Markets' offering.
Global Biological Control Market is slated to grow at a CAGR of 13.6% during 2016-2021 forecast period in order to reach a market value of $3588.35 million by 2021. The market demand for biocontrol agents in agriculture is reported to be $1680 million in 2015. Biocontrol agents are beneficial organisms that help farmers in pest control and plant growth. Biological control products are commercially available products that contain beneficial organisms: the naturally occurring enemies of unwanted pests and pathogens.
Biocontrol agents or biological control products are considered as ecologically sustainable and safe crop protection solutions. These products are used in agriculture and forestry, mainly in organic systems as part of the control strategies in integrated pest management (IPM).
The growth of the biological control market is attributed to high cost of agrochemicals and their negative impact on food quality and environment. Popularity of organic and environment friendly farming practices and the dire need for improved food productivity globally are also responsible for increased usage of biocontrol products. Factors like lack of awareness about the biocontrol agents/ products and low adoption rate due to lack of proper channels are restricting the market growth of this niche segment. Additionally, high growth potential in the developing regions and popularity of Integrated Pest Management Practices in developed countries may provide the future growth potential.
Companies Mentioned:
- Bayer CropScience AG
- Novozymes A/S (Denmark)
- BASF SE
- Advanced Biological Marketing
- Syngenta AG (Switzerland)
- Koppert Biological systems (Netherlands)
- Marrone Bio Innovations, Inc.
- Monsanto Company Inc.
- Biobest N.V.
- Andermatt Biocontrol AG
- Certis USA LLC
- DuPont
- FMC Corporation
- BioTech Systems LTD
- Kenogard S.A
- Andermatt Biocontrol AG
Key Topics Covered:
1. Introduction
2. Research Approach & Methodology
3. Market Overview
4. Market Segmentation
5. Competitive Landscape
6. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/92cs63/global_biological
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SOURCE Research and Markets
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