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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.
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