[190 Pages Report] The Biopesticides Market size was estimated at USD 6.12 billion in 2023 and expected to reach USD 7.13 billion in 2024, at a CAGR 17.01% to reach USD 18.39 billion by 2030.
Biopesticides are naturally occurring compounds or agents obtained from animals, plants, and microorganisms such as bacteria, cyanobacteria, and microalgae and control agricultural pests and pathogens. The use of biopesticides is more advantageous than the use of traditional chemical pesticides, as they are eco-friendly and host-specific. Biopesticides are components of integrated pest management (IPM) programs and have received much practical attention as substitutes for synthetic chemical plant protection products (PPPs). Moreover, the growing demand for organic farming and organically grown food and the rising importance of biopesticides in IPM are increasing the adoption of biopesticides. However, high product costs and the availability of counterfeit products significantly impede biopesticides' utilization. In addition, rapid growth in bio-control seed treatment solutions and using essential oil-based insecticides in organic agriculture create robust opportunities for developing biopesticides.
Growing demand for food safety, quality, and sustainable food production is fueling the adoption of ecologically friendly pest control solutions in the agriculture sector across North America, Europe, and Asia-pacific. North America has shown remarkable growth due to stringent rules and regulations posed by the U.S. Environmental Protection Agency regarding using synthetic crop protection chemicals to protect the environment from hazardous effects. The rigorous search for greener inputs for crop cultivation and a strong focus on utilizing microbe-based pesticides for yield-enhancements and pest-resistance improvements is expected to positively impact the market growth and product demand across the regional marketplace. In the Asian agriculture sector, the need for biopesticides is high due to high crop productivity and production with high quality, evolving agricultural practices, and precision farming taking place in countries such as China and India. Row crops such as wheat, soy, and rice are witnessing greater utilization of these biopesticides to increase their crop yield in an eco-friendly manner across the Asia-Pacific region. Furthermore, Europe is exhibiting gradual growth in the use of the product, among which France is one of the fastest-growing users, with the French government's adoption of the efficient regulatory framework and drug approval system. The French Agency for Food, Environmental, and Occupational Health & Safety (ANSES) completes the review of biological control products such as biopesticides within six months. This timeframe is much faster than the rest of the European Union and helps the companies efficiently market their products.
The market dynamics represent an ever-changing landscape of the Biopesticides Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
- Market Drivers
- Need for food security and the role of pesticides
- Significance of organic farming practices and pesticides
- Promotion by government agencies and growing awareness about environmental safety with the use of biopesticides
- Market Restraints
- High product cost and biopesticides registration hurdle
- Market Opportunities
- New developments in the biopesticide solutions
- Growing importance of biopesticides in Integrated Pest Management (IPM)
- Market Challenges
- Consumer awareness issues and negative perceptions about the products
Type: Increasing use of bioinsecticides in farming to control insects and contamination in soil
Increasing resistance to various chemical fungicides is anticipated to raise the demand for alternative efficient products, including bio-fungicides, in the forthcoming years. Moreover, the regulatory ban or limitation on using some active ingredients for producing chemical agri-inputs is expected to be a profitable factor for product growth. Considering the economic losses, industry stakeholders are vigorously exploring opportunities to identify biological pesticides such as bioinsecticides, bionematicides, and bioherbicides that effectively control the pathogenic nematode, which is expected to fuel the market growth in the near future.
Source: Rising growth of microbial based biopesticides to protect plants
Beneficial insects consume large quantities of mites, aphids, and other arthropods that feed on various plants. Microbes enhance nutrient uptake and encourage the development of the residential microbiota of plants. Microbes containing biopesticides are popularly used to protect crops from plant pathogens in various cultivated environments such as fields, nurseries, and protected cultivation systems. Plant extract-based pesticides act differently depending on the types of plant pathogens and pests and can be applied to the plant in the same way as conventional pesticides.
Form: Growing preference for liquid formulated biopesticides as they allow uniform spread over large areas
Liquid formulated pesticides significantly contribute to the growth of the market owing to their easy-to-apply property. Additionally, rise in the growth of foliar mode of application is driving the demand for liquid formulations. Liquid formulations that are usually sprayed are convenient and easy to use, leading to the even application of biopesticides. They are more efficient than dry and suspension concentrate forms as the active microbial ingredients are more viable in liquid formulations; thus, the liquid formulations segment is projected to grow faster during the forecast period.
Crop: Increasing cultivation of cereals & grains boost the utilization of biopesticides
The increasing cultivation of cereals & grains and the high profit from the cultivation of organic cereals boost the utilization of biopesticide. The expanding area under the cultivation of organic fruits & vegetables owing to rising awareness regarding the usage and long-term benefits of the product due to their eco-friendly and economic nature increases the utilization of biopesticides for producing various high-value crops.
Application: Significant role of biopesticides in foliar spray to prevent plant diseases
The application of biopesticides through a foliar spray can result in the rapid growth of seedlings after germination. Foliar spray treatment is an easy-to-apply method that can act as a curative and preventive treatment for specific plant diseases and deficiencies. Moreover, crop protection agricultural biologicals are extensively used in seed treatment to complement the chemical agri-inputs. Biopesticides used for seed treatment are gaining popularity among farmers owing to the increasing awareness regarding microbe-based agricultural product treatment for reinstating the microbial variety and improving the seed quality.
The market disruption analysis delves into the core elements associated with market-influencing changes, including breakthrough technological advancements that introduce novel features, integration capabilities, regulatory shifts that could drive or restrain market growth, and the emergence of innovative market players challenging traditional paradigms. This analysis facilitates a competitive advantage by preparing players in the Biopesticides Market to pre-emptively adapt to these market-influencing changes, enhances risk management by early identification of threats, informs calculated investment decisions, and drives innovation toward areas with the highest demand in the Biopesticides Market.
The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Biopesticides Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.
The value chain of the Biopesticides Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of the <> market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.
The pricing analysis comprehensively evaluates how a product or service is priced within the Biopesticides Market. This evaluation encompasses various factors that impact the price of a product, including production costs, competition, demand, customer value perception, and changing margins. An essential aspect of this analysis is understanding price elasticity, which measures how sensitive the market for a product is to its price change. It provides insight into competitive pricing strategies, enabling businesses to position their products advantageously in the Biopesticides Market.
The technology analysis involves evaluating the current and emerging technologies relevant to a specific industry or market. This analysis includes breakthrough trends across the value chain that directly define the future course of long-term profitability and overall advancement in the Biopesticides Market.
The patent analysis involves evaluating patent filing trends, assessing patent ownership, analyzing the legal status and compliance, and collecting competitive intelligence from patents within the Biopesticides Market and its parent industry. Analyzing the ownership of patents, assessing their legal status, and interpreting the patents to gather insights into competitors' technology strategies assist businesses in strategizing and optimizing product positioning and investment decisions.
The trade analysis of the Biopesticides Market explores the complex interplay of import and export activities, emphasizing the critical role played by key trading nations. This analysis identifies geographical discrepancies in trade flows, offering a deep insight into regional disparities to identify geographic areas suitable for market expansion. A detailed analysis of the regulatory landscape focuses on tariffs, taxes, and customs procedures that significantly determine international trade flows. This analysis is crucial for understanding the overarching legal framework that businesses must navigate.
The regulatory framework analysis for the Biopesticides Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Biopesticides Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Biopesticides Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Openeem Bioscience Launches Biopesticides with Biobotanical Matrix in Brazil
Biopesticides Openeem Bioscience has introduced its first line of products based on a biobotanical matrix for effectively controlling agricultural pests and diseases. This product range includes adjuvants, biofertilizers, and soil conditioners formulated using active ingredients derived from the Neem tree. [Published On: 2023-10-19]
Biobest Plans to Acquire Biopesticides Manufacturer
Biobest Group NV has acquired BioWorks Inc., a biopesticides manufacturer in Victor, New York. This strategic acquisition expanded Biobest Group's presence in the biopesticides market by leveraging BioWorks' disease and insect control solutions portfolio, product development expertise, marketing strategies, and logistics capabilities. [Published On: 2023-05-04]
Scottish Agritech secured £4M for eco-friendly insecticides
Scottish agritech secured £4 million (USD 4.95 million) for the development of eco-friendly insecticides. The investment is expected to support the research and development of biopesticides, which are derived from natural sources and less harmful to the environment than traditional chemical insecticides. This funding enables Scottish agritech to further innovate in the field of biopesticides, providing farmers with more sustainable and effective pest management solutions. The development of eco-friendly insecticides is becoming increasingly important as consumers are demanding more sustainable and environmentally-friendly agricultural practices. [Published On: 2023-04-11]
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Biopesticides Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
The report delves into recent significant developments in the Biopesticides Market, highlighting leading vendors and their innovative profiles. These include Enviro Bio Chem (Pty) Ltd., Agri Life, Innatrix Inc., SummitAgro USA LLC, Valent BioSciences LLC, BioSafe Systems, LLC, Certis U.S.A. LLC, Bionema Limited, Procare Crop Science, Vegalab SA, Vestaron Corporation, Gowan Company, LLC, Hexa Agro Industries, Novozymes A/S, Kimitec Group, Emery Oleochemicals LLC, FMC Corporation, BASF SE, Nufarm Ltd., STK Bio-AG Technologies, Syngenta Group, BioWorks, Inc., Marrone Bio Innovations, Inc., Solvay S.A., SEIPASA, S.A., Koppert B.V., and Bayer AG.
This research report categorizes the Biopesticides Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Type
- Biofungicides
- Trichoderma Harzianum
- Trichoderma Viride
- Bioinsecticides
- Bacillus Thuringiensis
- Beauveria Bassiana
- Metarhizium Anisopliae
- Verticillium Lecanii
- Bionematicides
- Bacillus Firmus
- Paecilomyces Lilacinus
- Biofungicides
- Source
- Beneficial Insects
- Microbials
- Plant Extracts
- Form
- Dry
- Liquid
- Suspension Concentrate
- Crop
- Cereals & Grains
- Fruits & Vegetables
- Oilseeds & Pulses
- Application
- Foliar Spray
- Post-Harvest
- Seed Treatment
- Soil Treatment
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
- Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
- Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
- Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
- Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
- Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.
- What is the current market size and projected growth?
- Which products, segments, applications, and regions offer promising investment opportunities?
- What are the prevailing technology trends and regulatory frameworks?
- What is the market share and positioning of the leading vendors?
- What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?
- Preface
- Research Methodology
- Executive Summary
- Market Overview
- Market Insights
- Biopesticides Market, by Type
- Biopesticides Market, by Source
- Biopesticides Market, by Form
- Biopesticides Market, by Crop
- Biopesticides Market, by Application
- Americas Biopesticides Market
- Asia-Pacific Biopesticides Market
- Europe, Middle East & Africa Biopesticides Market
- Competitive Landscape
- Competitive Portfolio
- List of Figures [Total: 26]
- List of Tables [Total: 736]
- List of Companies Mentioned [Total: 27]
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The use of biopesticides in organic farming is rising due to their significant advantages over traditional chemical pesticides. Biopesticides are less harmful to the environment and to human health, making them a safer choice for farmers and consumers. They are highly effective in controlling pests and diseases, improving crop yields, and reducing the level of chemical residues in crops. Additionally, biopesticides have a lower environmental impact than traditional chemical pesticides.
Biopesticides are also an excellent alternative for farmers who face regulations on chemical pesticide use. The majority of biopesticides fall under the category of exempted or reduced-risk pesticides, meaning they have little to no effect on the environment, humans, and non-target organisms. It is worth noting that biopesticides offer farmers economic advantages in reduced input costs and improved market access.
Moreover, biopesticides can be used as part of an Integrated Pest Management (IPM) program, which is an eco-friendly approach to controlling pests. An IPM program involves several tactics, such as crop rotation, biological control, and the use of resistant varieties. Biopesticides are an excellent addition to IPM, as they can reduce pest populations quickly without harming beneficial insects, predators, and pollinators.
The use of biopesticides is not without challenges, however. They require specialized knowledge and skill to properly use and apply. Farmers and applicators must acquire the necessary training and education to effectively use biopesticides. Additionally, the cost of biopesticides can be relatively high compared to traditional chemical pesticides. However, the long-term benefits of using ecologically and economically biopesticides make them a worthwhile investment.
The use of biopesticides is a crucial part of organic farming practices. They offer numerous benefits, including lower environmental impact, reduced chemical residues in crops, and the ability to be used in an IPM program. While the challenges of using biopesticides, such as cost and specialized knowledge, remain prevalent, the long-term benefits outweigh these challenges. As agriculture increasingly turns to organic farming, we must embrace new innovations, such as biopesticides, that promote healthy ecosystems and improve food quality.
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