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The global biocontrol market is estimated to be valued at USD 6.6 Billion in 2022. It is projected to reach USD 13.7 Billion by 2027, recording a CAGR of 15.8% during the forecast period. Conventional chemical crop protection solutions such as pesticides have dominated the crop protection market since decades. They still have a major share in market due to their excessive application in fields by cultivators to increase food production to cater the demand of growing population. The excessive application causes chemical residues in the crops ultimately affecting human health. They also negatively affect the health of beneficial insects and pollinators. Moreover, they cause soil degradation and are not environmentally sustainable. This has led policymakers across the globe to take serious measures to regulate the use of chemical pesticides. These factors are pushing the demand for safer and sustainable alternatives which have come up in the form of biocontrol, which includes biopesticides and semiochemicals, which are derived from natural and sustainable sources like microbials, biochemicals, and macrobials.
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