Mexico Biocontrol Agents Market Outlook

mexico biocontrol agents market has been experiencing tremendous growth in the past years and is expected to grow at substantial pace in the coming decade. this increased demand has been mainly driven by changing agriculture practices, raising concerns of environment sustainability and the need to reduce the environmental impact of traditional chemical inputs and synthetic pesticides. increased focus on green products and methods, diminishing availability of arable land, and governmental policies in providing continuous support to biocontrol agents are some of the key factors favoring the market growth in this region. mexico is one of the leading countries in latin america to have adopted biocontrol agents in crop production and thus, the country is among the key regions that are playing a leading role in the growth of the global biocontrol agents market. as per recent studies, the country holds around one-fourth of all the insect biocontrol agents available in latin america, with bio-pesticides accounting for more than 43% of the overall market value in 2017. in addition, mexico is highly dependent on the export of its agricultural products, constituting more than 25% of the global exports of avocados and fresh vegetables and a significant share of other commodities. this emphasizes further on the growing need of the country for safe and effective pest management technologies. in recent years, biocontrol products have increasingly replaced the traditional chemical inputs such as insecticides and fungicides in mexico. this has been made possible due to the widespread availability of indigenous biological material, strong governmental support for the usage of biotechnology in mexico, and increasing awareness among farmers. also, in line with other countries of the world, mexico is highly focusing on the application of integrated pest management (ipm) policies to control pest populations, and this is expected to further increase the demand of biocontrol agents in near future. the government of mexico has been continuously coming up with policies and reforms to provide the agricultural sector of the country required support for improved and increased production. this has gradually facilitated the increased adoption of biocontrol agents in various farming processes such as pest management, improved soil health, and nutrient replenishment. recently, the government has approved the usage of a new bio-fungicide with vectobaclon as an ingredient to prevent and control the spread of downy mildew on several vegetables and avocado crops. this indicates that there lies humongous potential for the growth of the biocontrol agents market in the country in near future.