What Is The Definition Of The Global Biological Crop Protection Market?
Biological crop protection refers to using natural organisms or their by-products to control pests, diseases, and weeds in agricultural systems. This method focuses on managing harmful species by introducing or encouraging beneficial organisms, such as predators, parasites, or pathogens, that naturally keep pest populations in check. Biological crop protection is a key component of sustainable agriculture, as it reduces reliance on chemical pesticides and promotes ecological balance.
Biological Crop Protection Global Market Report 2024 provides data on the global biological crop protection market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The biological crop protection market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
What Are The Projections Exist For The Global Biological Crop Protection Market Size And Annual Growth Rates?
The biological crop protection market has grown steadily over recent years, increasing from $5.18 billion in 2023 to $5.82 billion in 2024 at a CAGR of 12.3%. This growth is attributed to stricter regulations on synthetic pesticides, growing demand for organic and sustainably produced food, population growth, concerns over environmental impacts, and a focus on food security. By 2028, the market is expected to reach $9.34 billion at a CAGR of 12.5%, driven by the expansion of the organic farming sector, sustainable agricultural practices, rising investment in R&D, and increasing environmental and health awareness. Key trends include the development of highly targeted bio-pesticides, advancements in microbial technology, the integration of biological products into pest management, the adoption of sustainable farming practices, and progress in biotechnology and microbial research.
Which Key Drivers Are Propelling The Biological Crop Protection Market's Growth?
The growth of organic farming is expected to boost the biological crop protection market. Organic farming avoids synthetic fertilizers and pesticides, focusing on biodiversity and sustainability. This trend has gained traction due to demand for healthier food options and eco-conscious agricultural practices. Biological crop protection aligns with organic principles by offering natural pest and disease control solutions. In the UK, organically farmed land increased to 509 thousand hectares in 2022, a 0.4% rise from 2021. This growth underscores the expanding biological crop protection market.
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What Are The Key Segments Within The Global Biological Crop Protection Market?
The biological crop protection market covered in this report is segmented –
1) By Product Type: Microbial Pesticides, Plant-Incorporated Protectants, Biochemical Pesticides
2) By Crop Type: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Other Crop Types
3) By Formulation: Liquid, Dry
4) By Application: Foliar Spray, Seed Treatment, Soil Treatment, Post-Harvest
How Are New Trends Impacting The Size Of The Template Biological Crop Protection Market?
In the biological crop protection sector, companies are focusing on innovations such as bio-fungicides to improve crop yield and disease resistance. Bio-fungicides use natural microorganisms or their by-products to control plant fungal diseases, offering a sustainable alternative to chemical fungicides. For example, in August 2023, ADAMA Ltd., an Israel-based crop protection firm, registered ACTAVAN in Peru. This bio-fungicide prevents fruit rot in crops like grapes and certain vegetables while enhancing sugar content, peel firmness, size, and weight of berries. ACTAVAN also stimulates plant immune responses, supports organic farming and integrated pest management, and allows flexible application schedules with no pre-harvest waiting period. ADAMA aims to expand its use across Latin America, the Asia-Pacific, and Europe.
Which Region Drives The Highest Growth In The Biological Crop Protection Market?
North America was the largest region in the biological crop protection market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the biological crop protection marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
