BIOCONTROL AGENTS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Market News

Global BioControl Agents Market- Recent Developments

New product launches

• In January 2022, BASF SE launched Seltima biological fungicide in Brazil to control Asian soybean rust disease. The new biofungicide strengthens BASF's agricultural solutions business in Latin America. BASF SE comprises subsidiaries and joint ventures in more than 80 countries, operating six integrated production sites and 390 other production sites across Europe, Asia, Australia, the Americas and Africa. BASF SE has customers in over 190 countries and supplies products to a wide variety of industries. Despite its size and global presence, BASF SE has received relatively little public attention since it abandoned the manufacturing and sale of BASF-branded consumer electronics products in the 1990s
• In June 2021, Bayer AG launched Xpro biofungicide in India for rice and grape crops. The new product controls sheath blight disease and is compatible with chemical pesticides. Xpro fungicide is designed to control a broad spectrum of diseases in crops and is known for its innovative formulations that ensure even leaf distribution and not washed off by the rain
• In May 2020, Koppert Biological Systems introduced Mirex-V, a biocontrol with triple action against thrips, whiteflies and tomato spotted wilt virus. It helps growers protect tomatoes and vegetables. Koppert Biological Systems is a company specializing in sustainable solutions for crop protection and natural pollination. They offer biological products and services to help growers around the world. The company focuses on biological crop protection, pollination, and plant growth promotion. Koppert's solutions include the control of pests and diseases using natural enemies, as well as pollination services.

Acquisition and Partnerships

• In September 2022, Bayer AG acquired Biagro Group, an Argentina-based biologicals company. The acquisition enhanced Bayer’s biocontrol capabilities and position in Latin America.
• In June 2021, BASF SE acquired Meliora Asset Management, an agricultural biotech startup, to expand its biocontrol research. The acquisition enhanced BASF’s strain screening and microbiome expertise.
• In May 2020, Corteva Agriscience signed an agreement with Andermatt to provide distribution network for Andermatt's biologicals. The partnership improved access of Swiss technology to farmers worldwide.