The Global Biopesticides Market was worth US$ 2.9 billion in 2021, and it is estimated to reach a valuation of US$ 5.5 billion by the end of 2027, expanding at an annual growth rate of 13.2% between 2022 and 2027.
The biopesticides are the substances with are made of bio-based formulations such as animals, plants, bacteria and minerals. Biopesticides are used to kill pests will damage the crops and exhibit the growth of the plant as well as crops. Sometimes, the biopesticides contains live bacteria, which produces toxin and this toxin kills harmful pests which damages the crops. The biopesticides can be classified into Biochemical insecticides, Microbials and Plant-incorporated protectants.
The biopesticides do not cause any harmful effect to the environment as it does not left any residue over the plants like chemical products. Bio-pesticides offers log-term protection to the crop as well as soil. It is easily to handle and use. Biopesticides are safer as it does not contain harmful chemicals which cause hazards to crop, human, animals and the soil as compared to synthetic pesticides. Biopesticides are very useful in those cases where farmers are not able to control pest in spite of using heavy usages of chemical pesticides. Owing to these benefits the demand of the biopesticides is increasing which further propelling the growth of the global biopesticides market in the forecast period between 2022 and 2027.
The driving force of the Biopesticides Market is the increasing demand of organic food by the population around the globe. Consumers are becoming more concerned about health and shifting their focus towards organic food which is fueling the demand of biopesticides in the market. Also, to meet the demand of export quality products, the use of biopesticides are increasing.
The Biopesticides or biological are safer and easier for the environment than chemical products and often formulated to only affects the pests which is propelling the demand of biopesticides over chemical products. The bio-pesticides are residue free and does not affect environment. Therefore, the government of several countries has imposed strict regulations for environment pollution is driving the growth of biopesticides market.
The increasing awareness towards the adverse affects of chemicals in the crops as well health and the benefits of using biopesticides fueling the demand of biopesticides in developing countries. Moreover, the government of these countries is supporting farmers for organic agriculture which further fueling the growth of the market in projected period. Additionally, the key players are also investing huge amount in research and development of bio-based crop protection solutions which if boosting the growth of global biopesticides market in the projected period between 2022 and 2027.
Lack of awareness related to the benefits of biopesticides among farmers in under developing countries and some of the developing countries in hampering the growth of the market. Additionally, the biopesticides has the less shelf life as compared to synthetic chemicals which is the restricting the growth of the market.
Market Size Available
2021 – 2027
2022 - 2027
By Type, Source, Formulation, Mode Of Application, Crop, and Region.
Various Analyses Covered
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
North America, Europe, APAC, Latin America, Middle East & Africa
Market Leaders Profiled
BASF SE (Germany),BAYER AG (Germany),Biobest Group NV (Belgium),Certis USA LLC (US),Novozymes A/S (Denmark),Marrone Bio Innovations (US),Syngenta AG (Switzerland),Nufarm (Australia),Som Phytopharma India Ltd (India),Valent Biosciences LLC (US) and Others.
Based on type, the Bioinsecticides is expected to dominate the market during the forecast period as bionsecticides are safe for use and pose no hazards to the environment and they do not leave behind any chemical residue on the plants. Also, the reduced product development cost and the time associated with bioinsecticides offers advantages to the manufacturers and they can also register within short duration while chemical registration can take as long as three years.
Based on sources, the Global Biopesticides market is segmented into Microbials, Biochemicals, and Beneficial Insects. Microbials biopesticides is estimated to dominate the biopesticides market in the forecast period as microbial origin pesticides are naturally composed occurring virus, fungi or bacteria. The microbials are most preferred organic and residue free food production. Owing to the factors such as the higher advantage of selectivity, high affectivity, no adverse effects on human, plants and animals and easy to use are propelling the growth of biopesticides market.
Based on Formulation, the Global Biopesticides market is segmented into liquid and dry. Liquid biopesticides is estimated to record the highest CAGR during the forecast period. Liquid biopesticides have a longer term of action (up to 6 months) than dry biopesticides (up to 3 months) and provide effective and efficient disease control performance.
Based on Formulation, the Global Biopesticides market is segmented into Seed treatment, Soil treatment, Foliar Spray, and Others. Foliar spray is widely used among farmers because it helps in the immediate recovery of the pests insecticides parts of the plants. This is most effective mode of application as it is safe and easily handled application.
Grains and Cereals
Pulses and Oilseeds
Vegetables and Fruits
Based on Crop, the Global Biopesticides market is segmented into Grains and Cereals, Pulses and Oilseeds, Vegetables and Fruits, Others. Vegetable and fruit segment is expected to boost the market growth during the forecast period due to growing trend of organic agriculture and the increasing demand of organic fruits and vegetables. Moreover, the farmers are using combination of biopesticides with other chemicals in order to meet the demand of export quality fruits and vegetables.
North America accounts to the largest market share of the biopesticides market due to rising concerns over the harmful chemical on the environment, the government of several countries has impost strict regulations associated with environment. United States is one of the leading countries for the export of various fruits and vegetables which fueling the demand of biopesticides in U.S. The increasing demand of organic and residue free crop is adoption of bioinsecticides. Moreover, the presence of huge number of key players in this region leads to investment on research and development in crop production and protection is attributing the growth of the market in the projected period.
Asia-Pacific is expected to become the fastest growing market for biopesticides during the forecast period. As countries like India, China and Japan and others have high plant diversities and a large set of different climatic conditions. Furthermore, the increasing awareness of consumers towards the toxic substance in the food chain makes it more imperative for the crop producers to use non-toxic solutions such as bio based pesticides which is fueling the growth of biopesticides market future.
The Europe is also going to witness steady growth rate during this period due to growing demand of safe and quality food, increasing demand of consumers for organic food, rising government initiative in promoting bio control products.
The Global Biopesticides market has been significantly impacted by the COVID-19 outbreak. The complete lockdown during this pandemic has adversely affected many industries including agriculture and crop protection. In Agriculture sector biopesticides market was slowed down due to disturbance in transportation and logistics, Moreover, Biopesticide market has experienced interruptions in entire value chain from raw materials supply to manufacturing, packing and distribution. Furthermore, the lockdown and movement restriction has led to unavailability of workforce which has affected the production as well as trade movements. But the market situation is recovering from 2021, and now it is expected that the growth of Biopesticide market will increase in near future.
Some of the leading companies operating in the Global Biopesticides Market are:
BASF SE (Germany)
BAYER AG (Germany)
Biobest Group NV (Belgium)
Certis USA LLC (US)
Novozymes A/S (Denmark)
Marrone Bio Innovations (US)
Syngenta AG (Switzerland)
Som Phytopharma India Ltd (India)
Valent Biosciences LLC (US)
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Biopesticides Market, By Type
6.1.1 Bio insecticides
6.1.2 Bio fungicides
6.1.4 Bio herbicides
6.1.5 Market Size Estimations & Forecasts (2022-2027)
6.1.6 Y-o-Y Growth Rate Analysis
6.1.7 Market Attractiveness Index
6.2 Biopesticides Market, By source
6.2.3 Beneficial Insects
6.2.4 Market Size Estimations & Forecasts (2022-2027)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
6.3 Biopesticides Market, By Mode of Application
6.3.1 Seed treatment
6.3.2 Soil treatment
6.3.3 Foliar Spray
6.3.5 Market Size Estimations & Forecasts (2022-2027)
6.3.6 Y-o-Y Growth Rate Analysis
6.3.7 Market Attractiveness Index
6.4 Biopesticides Market, By Formulation
6.4.3 Market Size Estimations & Forecasts (2022-2027)
6.4.4 Y-o-Y Growth Rate Analysis
6.4.5 Market Attractiveness Index
6.5 Biopesticides Market, By Crop
6.5.1 Grains and Cereals
6.5.2 Pulses and Oilseeds
6.5.3 Vegetables and Fruits
6.5.5 Market Size Estimations & Forecasts (2022-2027)
6.5.6 Y-o-Y Growth Rate Analysis
6.5.7 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Biopesticides Market, by Region
7.2 North America - Market Analysis (2022-2027)
7.2.1 By Country
7.2.2 By Type
7.2.3 By source
7.2.4 By Mode of Application
7.2.5 By Formulation
7.2.6 By Crop
7.3.1 By Country
188.8.131.52 Rest of Europe
7.3.2 By Type
7.3.3 By source
7.3.4 By Mode of Application
7.3.5 By Formulation
7.3.6 By Crop
7.4 Asia Pacific
7.4.1 By Country
184.108.40.206 South Korea
220.127.116.11 South East Asia
18.104.22.168 Australia & NZ
22.214.171.124 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By source
7.4.4 By Mode of Application
7.4.5 By Formulation
7.4.6 By Crop
7.5 Latin America
7.5.1 By Country
126.96.36.199 Rest of Latin America
7.5.2 By Type
7.5.3 By source
7.5.4 By Mode of Application
7.5.5 By Formulation
7.5.6 By Crop
7.6 Middle East and Africa
7.6.1 By Country
188.8.131.52 Middle East
7.6.2 By Type
7.6.3 By source
7.6.4 By Mode of Application
7.6.5 By Formulation
7.6.6 By Crop
8. Key Player Analysis
8.1 BASF SE
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 BAYER AG
8.3 Biobest Group NV
8.4 Certis USA LLC
8.5 Novozymes A/S
8.6 Marrone Bio Innovations
8.7 Syngenta AG
8.9 Som Phytopharma India Ltd
8.10 Valent Biosciences LLC
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures
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