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Microbial Pesticides Market Segmented By Product, Type, Application, And Region - Global Growth, Trends, And Forecast To 2027.

Published: March, 2023
ID: 6299
Pages: 175
Formats: report pdf report excel report power bi report ppt

Microbial Pesticides Market Size, Growth, Trends and Forecast:

Biopesticides are certain types of pesticides derived from such natural materials as animals, plants, bacteria, and certain minerals. For example, baking soda and canola oil have pesticide like applications and are considered biopesticides. Biopesticides are usually inherently less toxic than conventional pesticides and generally affect only the target pest and closely related organisms, in contrast to broad-spectrum, conventional pesticides that may have a harmful effect on organisms as different as birds, insects, and mammals.  They often are effective in very small quantities and often decompose quickly, resulting in lower exposures and largely avoiding the pollution problems caused by conventional pesticides. When used as a component of Integrated Pest Management (IPM) programs, they can significantly reduce the use of conventional pesticides, while crop yields remain high.

Drivers and Restraints of Microbial Pesticides Market:

While the prevalence of chemical or synthetic pesticides in crop protection would continue, human, animal, and environmental health concerns would play key roles in driving growth for Biopesticides. Several countries are adopting a stringent approach concerning a number of imports, with a special focus on regulating a number of pesticide residues. As a result, the use and demand of non-chemical treatments for crop protection are increasing. Other factors favoring the market growth include low toxicity of microbial pesticides on non-target pest species, compatibility with synthetic chemicals and no residual toxicity for humans and other animals. In spite of their low toxicity and environment impact levels, microbial pesticides have a major restraint in the form of high costs and low availability. Furthermore, Multiple acquisitions, licensing agreements, partnerships and huge investments in research and development by large companies will drive the growth of the crop protection market in the coming years.

Microbial Pesticides Market Segmentations:

Microbial Pesticides Market – By Type:

  • Bacteria Based Pesticides

  • Fungi Based Pesticides
  • Virus-Based Pesticides
  • Nematode Based Pesticides

Bacteria-based microbial pesticides dominate the market. Among bacteria-based pesticides B. thuringiensis var. israelensis is the most commonly used bacteria. Fungi based microbial pesticides form the largest market segment after bacteria. Trichoderma sp. is the most commonly used fungi for the preparation of microbial pesticides. Most of the products available in the market are insect control products. 

Microbial Pesticides Market – By Form:

  • Fruits and Vegetables
  • Maize
  • Rice
  • Cotton
  • Others

Fruits and vegetables account for the highest market share of the market.

Geographical Analysis:

On the basis of geography, the microbial pesticide market is segmented into various regions namely North America, Europe, Asia Pacific, Latin America and the Middle East and Africa. The Asia Pacific is the largest microbial pesticide market. China, Japan, and India are the major markets driving industry growth. North America held the second-largest share of the market with the USA holding the largest market share by revenue. Latin America held is expected to witness lucrative growth with Brazil being the largest market in the region.

Key Players: 

The market is dominated by companies like Becker Underwood, Valent BioSciences, Certis, BioWorks,  Ecogen, Koppert Biological System, Agri Life, AgraQuest, Marrone Bio Innovations, Novozyme Biological, Bayer crop science, BASF, IsAgro Spa, and De Sangosse.

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