Global Biopesticides Market, By Type (Bioinsecticides, Biofungisides, Bionematicides, Bioherbicides and Others), Source (Microbials, Biochemical and Insects), Form (Dry and Liquid), Application (Foliar Application, Fertigation, Soil Treatment, Seed Treatment and Other), Category (Agriculture and Horticulture), Crops (Fruits and Vegetables, Cereals and Grains, Oilseeds and Pulses, Turf and Ornamentals and Other Crops) – Industry Trends and Forecast to 2031
Biopesticides Market Analysis and Size
In the biopesticides market, advancements in microbial formulations and precision delivery systems are transforming pest control. Emerging technologies, such as RNA interference and nanotechnology, enhance the efficacy of biopesticides, promoting sustainable agriculture. These innovations drive eco-friendly alternatives, fostering a greener approach to pest management in agriculture.
Data Bridge Market Research analyses that the global biopesticides market, which was USD 2.36 billion in 2023, is expected to reach USD 7.33 billion by 2031, at a CAGR of 15.2% during the forecast period 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Biopesticides Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Bioinsecticides, Biofungisides, Bionematicides, Bioherbicides and Others), Source (Microbials, Biochemical and Insects), Form (Dry and Liquid), Application (Foliar Application, Fertigation, Soil Treatment, Seed Treatment and Other), Category (Agriculture and Horticulture), Crops (Fruits and Vegetables, Cereals and Grains, Oilseeds and Pulses, Turf and Ornamentals and Other Crops)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Syngenta Crop Protection AG (Switzerland), BIONEMA (U.K.), Vegalab SA (Switzerland), STK (Mexico), Andermatt Group AG (Switzerland), Koppert (Netherlands), Corteva (U.S.), Bayer AG (Germany), Biobest Group NV (Belgium), Certis USA L.L.C. (U.S.), Valent BioSciences LLC (U.S.), Novozymes A/S (Denmark), BASF SE (Germany), IPL Biologicals (India), Terramera Inc. (Canada), Khandelwal Bio Fertilizer (India), Isagro S.p.A. (Italy), Gowan Company (U.S.)
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Market Opportunities
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Market Definition
Biopesticides are naturally occurring substances derived from plants, animals, microbes, or minerals that control pests through various mechanisms, including repellence, toxicity, or growth regulation. Different from conventional pesticides, biopesticides offer biologically friendly solutions with minimal harm to non-target organisms and reduced risks of pesticide resistance and residue buildup.
Global Biopesticides Market Dynamics
Drivers
- Advancements in Biotechnology for Enhanced Efficacy
Biotechnological progress drives the creation of potent and cost-efficient biopesticides. Through continuous innovation, new microbial strains are discovered and integrated into commercial products, while existing formulations are optimized for enhanced efficacy. These advancements strengthen the effectiveness and accessibility of biopesticides, offering supportable solutions for agricultural pest management.
- Supportive Government Initiatives for Research Funding
Governments and regulatory bodies worldwide are increasing the biopesticides sector through initiatives such as research funding, subsidies, and incentives. These efforts aim to accelerate the development and adoption of bio-based agricultural inputs, fostering growth and reducing reliance on synthetic pesticides while promoting environmentally friendly pest management practices in the agricultural industry.
Opportunities
- Expansion of Integrated Pest Management (IPM) Programs
Integrated pest management (IPM) programs, emphasizing diverse pest control methods such as biopesticides, are increasingly favored worldwide. These programs, recognized for their viable and effectiveness, blend cultural, biological, and chemical strategies. With a focus on minimizing conservational impact and maximizing crop yield, IPM is gaining traction as a holistic approach to pest management in agriculture.
- Development of New and Effective Biopesticide Formulations
Continual research and development endeavors are yielding enhanced biopesticide formulations, strengthening their efficacy and affordability. These innovations are pivotal in augmenting farmers' acceptance and utilization of biopesticides, driving sustainable pest management practices in agriculture. Improved formulations promise heightened pest control capabilities while ensuring economic viability, thus contributing to the expansion of biopesticide adoption worldwide.
Restraints/Challenges
- Lack of Technical Expertise Hinders Production
In developing regions, the dearth of technical expertise impedes the broad uptake of biopesticides. Insufficient knowledge hinders production, application, and monitoring, limiting distribution and effectiveness. This lack of accessibility and efficiency in addressing pest challenges constrains the market's growth potential, hindering widespread adoption and utilization of biopesticides.
- Limited Efficacy Compared to Synthetic Alternatives
The limited efficacy of biopesticides, characterized by slower action and incomplete pest control compared to synthetic alternatives, undermines their appeal to farmers seeking swift and comprehensive pest management solutions. This disadvantage diminishes market competitiveness, hindering broader adoption and stunting the growth of the biopesticide market within the agricultural sector.
This global biopesticides market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global biopesticides market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In March 2021, Botanical Solution Inc. and Syngenta formed a partnership to launch BotriStop, a bio fungicide in Mexico and Peru, targeting Botrytis cinerea. Its success in Chile underscores the growing demand for effective biopesticides in the market
- In November 2020, BioWest Ag Solutions launched Battalion Pro, a liquid bioherbicide registered under the U.S. EPA. With its natural composition, it serves as a promising solution in the biopesticides market, particularly for selective suppression of invasive annual grass weeds
- In March 2020, Bayer AG launched Serenade, its first biofungicide in China, leveraging symbiosis to enhance plant immunity and nutrient absorption. This launch signifies Bayer's entry into the expanding biopesticides market, offering innovative solutions for plant disease management
- In April 2020, Syngenta and Novozymes A/S collaborated on TAEGRO, a biofungicide targeting vegetable and specialty crops. This joint effort highlights the continuous innovation within the biopesticides market, addressing critical grower needs and expanding product approvals in the Europe region
Global Biopesticides Market Scope
The global biopesticides market is segmented on the basis of type, source, form, application, category and crops. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Bioinsecticides
- Biofungisides
- Bionematicides
- Bioherbicides
- Others
Source
- Microbials
- Biochemical
- Insects
Form
- Dry
- Liquid
Application
- Foliar Application
- Fertigation
- Soil Treatment
- Seed Treatment
- Other
Category
- Agriculture
- Horticulture
Crops
- Fruits and Vegetables
- Cereals and Grains
- Oilseeds and Pulses
- Turf and Ornamentals
- Other Crops
Global Biopesticides Market Regional Analysis/Insights
The global biopesticides market is analysed and market size insights and trends are provided by country, type, source, form, application, category and crops as referenced above.
The countries covered in the global biopesticides market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the biopesticides market, led by the U.S., boasting the highest market share. Grower awareness and major market player participation contribute to this dominance, affirming the region's pivotal role in driving the global biopesticides industry.
Asia Pacific dominates the biopesticides market, propelled by China's surge in awareness and major manufacturers' prolific product launches. The region's proactive approach to sustainable agriculture fosters growth, with China leading the market through a combination of awareness and innovation.
South America dominates the biopesticides market, led by Brazil with the highest CAGR. Rising demand for biopesticides and heightened environmental and health concerns are propelling Brazil's leadership, reflecting a shift towards sustainable agricultural practices in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Biopesticides Market Share Analysis
The global biopesticides market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global biopesticides market.
Some of the major players operating in the global biopesticides market are:
- Syngenta Crop Protection AG (Switzerland)
- BIONEMA (U.K.)
- Vegalab SA (Switzerland)
- STK (Mexico)
- Andermatt Group AG (Switzerland)
- Koppert (Netherlands)
- Corteva (U.S.)
- Bayer AG (Germany)
- Biobest Group NV (Belgium)
- Certis USA L.L.C. (U.S.)
- Valent BioSciences LLC (U.S.)
- Novozymes A/S (Denmark)
- BASF SE (Germany)
- IPL Biologicals (India)
- Terramera Inc. (Canada)
- Khandelwal Bio Fertilizer (India)
- Isagro S.p.A. (Italy)
- Gowan Company (U.S.)
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