Biocontrol Market Geographical Analysis & Global Forecast
The global biocontrol market is projected to reach USD 13.7 billion by 2027, at a CAGR of 15.8%.
Biocontrol solutions are naturally derived crop protection solutions such as biopesticides and semiochemicals. They are derived from natural sources such as microbials, biochemicals, and macrobials. Traditional agricultural chemicals are harmful to both the environment and people's health. Thus, policymakers across the globe, notably in the North American and European areas are regulating them to assure food safety, security, and environmental sustainability. Consumer awareness and the demand for organic food are both soaring. The market is fueled by a combination of all these factors.
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Europe is projected to reach USD 4,292.8 million during the forecast period.
According to estimates, Europe will hold a market share of 30.4% of the worldwide biocontrol industry i