Biocontrol Market Size | Share | Opportunities 2022

The global biocontrol market size was valued at USD 4,936.4 billion in 2021 and is poised to grow at a significant CAGR of 15.3% during the forecast period 2022-28. Biocontrol market is expected to grow at prominent growth rate over the forecast years owing to stringent regulations for the ban on chemical pesticides in various countries across the globe. Moreover, increase in the awareness about the organic farming and rise in demand for organic food products are significantly enhance the revenue of the market. In addition, rise in R&D for the development and launch of newer products also immense boost to the market over the forecast years.