According to The Business Research Company’s Agri Natural Enemy Pest Control, The agri natural enemy pest control market size has grown strongly in recent years. It will grow from $18.55 billion in 2023 to $19.82 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to environmental awareness, regulatory support, farmers’ adoption, consumer demand.
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The agri natural enemy pest control market size is expected to see strong growth in the next few years. It will grow to $27.25 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to global population growth, climate change impact, rising awareness of sustainable agriculture, emerging markets, government incentives. Major trends in the forecast period include technology advancements, research and development, increased adoption of biological control methods, advancements in genetic engineering, integrated pest management (ipm) practices, collaborations and partnerships, digital agriculture technologies.Change in land use and the effects of climate change is expected to propel the agri-natural enemy pest control market. Climate change refers to long-term changes in temperature and weather patterns.
These variations could be natural, such as shifts in the solar cycle. Land changes cause climate change because emissions are created by changes in land use, such as cutting forests to make a place for farmland. Due to this change in land use and climate change, there is a depletion of land, resulting in the shortage of crops, thus increasing the demand for agri-natural enemy pest control to enhance the life and quality of food and soil. For instance, in March 2023, according to the Intergovernmental Panel on Climate Change report, there is a probability exceeding 50% that global temperatures will reach or exceed a 1.5 degrees Celsius (2.7 degrees Fahrenheit) increase between 2021 and 2040 when considering various scenarios. In a worst-case scenario characterized by high emissions, this critical threshold could be breached even earlier, potentially as soon as 2018 to 2037. Furthermore, if the world follows a carbon-intensive trajectory, global temperature rise by 2100 could escalate to a range of 3.3 degrees Celsius to 5.7 degrees Celsius (5.9 degrees Fahrenheit to 10.3 degrees Fahrenheit). Therefore, change in land use, and the effects of climate change will drive the agri-natural enemy pest control market.
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The agri natural enemy pest control market covered in this report is segmented –
1) By Natural Enemy Service Type: Importation, Augmentation, Conservation
2) By Control Agent: Predators, Parasitoids, Pathogens, Bacteria, Fungi, Oomycota, Competitors, Other Control Agents
3) By Application: Ant Control, Beetle Control, Bird Control, Insects Control, Mosquitoes and Flies Control, Rat and Rodent Control
Major companies operating in the agri natural enemy pest control market are developing innovative technologies such as mating disruption solutions to meet larger customer bases, more sales, and increase revenue. A mating disruption solution refers to a pest control method employed in agriculture and pest management to reduce the reproduction of certain insect pests. For instance, in March 2022, Syngenta AG, a Switzerland-based agrichemical company, and Provivi, a US-based biotechnology company, launched Nelvium a pheromone-based crop protection solution. The distinguishing characteristic of this innovative mating disruption solution is its enhanced effectiveness and safety in managing destructive pests in rice. Although pheromones have been employed as a pest control method in agriculture for over three decades, this represents the first instance of such innovation being applied to rice cultivation in Indonesia.
The agri natural enemy pest control market report table of contents includes:
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Top 5 Major Key Players Are:
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