Biological control agents and biostimulants are niche sectors within the Crop Protection and Plant Nutrition sectors which are experiencing rapid growth, driven by an increasingly favourable regulatory environment, growing pest resistance to conventional products, the pull for sustainable agriculture and technological advances. Whilst there are now more BCAs registered than conventional CP products the products also have some limitations compared with conventional products and the sector remains confined mainly to fruit and vegetables, both indoors (protected crops) and outdoors. Their future growth will be determined by the extent to which their use can be expanded into broad-acre crops. The markets for crop protection (CP) products (such as herbicides, insecticides and fungicides) and fertilizers (including nitrogen, phosphorus pentoxide, and water-soluble potash) are generally considered to be mature. In most significant agricultural economies, these markets show single-digit growth at best. Within these markets, however, are two faster-growing sectors: those based on naturally-derived products. Biological control agents (BCAs) and biostimulants are growing at over 10% a year, according to some estimates BCAs include products such as plant extracts (for control of pests and diseases), insect pheromones (used primarily for mating disruption), predatory insects, and microbial products (often the output of fermentation processes). BCAs also address biotic stresses on crops, such as pests, diseases, and weeds. Biostimulants include amino acids, seaweed-based products, and humic and fulvic acids. These products trigger the processes that enhance nutrient use, increase tolerance to abiotic stress such drought and temperature extremes, enhance availability of confined nutrients in soil, and address quality traits beyond the effects of mineral nutrients. The distinction between BCAs and biostimulants is not always clear. Specific products can exhibit the properties of both categories, as with some plant oils. For regulatory purposes, classification depends on which properties companies claim. Both markets are still relatively niche, with $2 to $3 billion in 2018 sales at the ex-manufacturer level. With hundreds of products, these markets are also complex and fragmented. In comparison, the total CP market is valued at $57 billion and the total chemical fertilizer market has a value of over $100 billion for primary nutrients. BCAs and biostimulants are not new. In the BCA category, commercial Bacillus thuringiensis (Bt)-based products have been around since the 1960s and pheromones were introduced in the 1970s. Only recently, however, has their popularity increased.
Read full abstract