[196 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.
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.
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.
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.
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.
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.
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 FPNV Positioning Matrix is pivotal in evaluating the Biopesticides Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis 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: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Biopesticides Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. 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 this expanded level of detail, 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 report delves into recent significant developments in the Biopesticides Market, highlighting leading vendors and their innovative profiles. These include Agri Life, BASF SE, Bayer AG, Bionema Limited, BioSafe Systems, LLC, BioWorks, Inc., Certis U.S.A. LLC, Emery Oleochemicals LLC, Enviro Bio Chem (Pty) Ltd., FMC Corporation, Gowan Company, LLC, Hexa Agro Industries, Innatrix Inc., Kimitec Group, Koppert B.V., Marrone Bio Innovations, Inc., Novozymes A/S, Nufarm Ltd., Procare Crop Science, SEIPASA, S.A., Solvay S.A., STK Bio-AG Technologies, SummitAgro USA LLC, Syngenta Group, Valent BioSciences LLC, Vegalab SA, and Vestaron Corporation.
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: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast of the Biopesticides Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Biopesticides Market?
- What are the technology trends and regulatory frameworks in the Biopesticides Market?
- What is the market share of the leading vendors in the Biopesticides Market?
- Which modes and strategic moves are suitable for entering the Biopesticides Market?
- 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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