Biopesticides Market by Type (Biofungicides, Bioinsecticides, Bionematicides), Source (Beneficial Insects, Microbials, Plant Extracts), Form, Crop, Application - Global Forecast 2024-2030
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.
Regional Insights
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.
Market Insights
- Market Dynamics
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
- Market Segmentation Analysis
- Type: Increasing use of bioinsecticides in farming to control insects and contamination in soil
- Source: Rising growth of microbial based biopesticides to protect plants
- Form: Growing preference for liquid formulated biopesticides as they allow uniform spread over large areas
- Crop: Increasing cultivation of cereals & grains boost the utilization of biopesticides
- Application: Significant role of biopesticides in foliar spray to prevent plant diseases
- Market Disruption Analysis
- Porter’s Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
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).
Market Share Analysis
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.
Recent Developments- 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.
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.
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.
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.
Key Company Profiles
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.
Market Segmentation & Coverage
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
- 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
Please Note: PDF & Excel + Online Access - 1 Year
- Americas
- Biofungicides
- Market Drivers
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Need for food security and the role of pesticides
- 5.1.1.2. Significance of organic farming practices and pesticides
- 5.1.1.3. Promotion by government agencies and growing awareness about environmental safety with the use of biopesticides
- 5.1.2. Restraints
- 5.1.2.1. High product cost and biopesticides registration hurdle
- 5.1.3. Opportunities
- 5.1.3.1. New developments in the biopesticide solutions
- 5.1.3.2. Growing importance of biopesticides in Integrated Pest Management (IPM)
- 5.1.4. Challenges
- 5.1.4.1. Consumer awareness issues and negative perceptions about the products
- 5.2. Market Segmentation Analysis
- 5.2.1. Type: Increasing use of bioinsecticides in farming to control insects and contamination in soil
- 5.2.2. Source: Rising growth of microbial based biopesticides to protect plants
- 5.2.3. Form: Growing preference for liquid formulated biopesticides as they allow uniform spread over large areas
- 5.2.4. Crop: Increasing cultivation of cereals & grains boost the utilization of biopesticides
- 5.2.5. Application: Significant role of biopesticides in foliar spray to prevent plant diseases
- 5.3. Market Trend Analysis
- 5.3.1. Government approvals and initiatives supporting the use of biopesticides in the Americas
- 5.3.2. Emerging potential of APAC to be a major sourcing and production hub of biopesticides
- 5.3.3. Government initiatives to expand biopesticides in Europe & the Middle East and the rising presence of strong regional players in Africa
- 5.4. Cumulative Impact of Russia-Ukraine Conflict
- 5.5. Cumulative Impact of High Inflation
- 5.6. Porter’s Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
- 5.7. Value Chain & Critical Path Analysis
- 5.8. Regulatory Framework Analysis
- 6. Biopesticides Market, by Type
- 6.1. Introduction
- 6.2. Biofungicides
- 6.3. Bioinsecticides
- 6.4. Bionematicides
- 7. Biopesticides Market, by Source
- 7.1. Introduction
- 7.2. Beneficial Insects
- 7.3. Microbials
- 7.4. Plant Extracts
- 8. Biopesticides Market, by Form
- 8.1. Introduction
- 8.2. Dry
- 8.3. Liquid
- 8.4. Suspension Concentrate
- 9. Biopesticides Market, by Crop
- 9.1. Introduction
- 9.2. Cereals & Grains
- 9.3. Fruits & Vegetables
- 9.4. Oilseeds & Pulses
- 10. Biopesticides Market, by Application
- 10.1. Introduction
- 10.2. Foliar Spray
- 10.3. Post-Harvest
- 10.4. Seed Treatment
- 10.5. Soil Treatment
- 11. Americas Biopesticides Market
- 11.1. Introduction
- 11.2. Argentina
- 11.3. Brazil
- 11.4. Canada
- 11.5. Mexico
- 11.6. United States
- 12. Asia-Pacific Biopesticides Market
- 12.1. Introduction
- 12.2. Australia
- 12.3. China
- 12.4. India
- 12.5. Indonesia
- 12.6. Japan
- 12.7. Malaysia
- 12.8. Philippines
- 12.9. Singapore
- 12.10. South Korea
- 12.11. Taiwan
- 12.12. Thailand
- 12.13. Vietnam
- 13. Europe, Middle East & Africa Biopesticides Market
- 13.1. Introduction
- 13.2. Denmark
- 13.3. Egypt
- 13.4. Finland
- 13.5. France
- 13.6. Germany
- 13.7. Israel
- 13.8. Italy
- 13.9. Netherlands
- 13.10. Nigeria
- 13.11. Norway
- 13.12. Poland
- 13.13. Qatar
- 13.14. Russia
- 13.15. Saudi Arabia
- 13.16. South Africa
- 13.17. Spain
- 13.18. Sweden
- 13.19. Switzerland
- 13.20. Turkey
- 13.21. United Arab Emirates
- 13.22. United Kingdom
- 14. Competitive Landscape
- 14.1. Market Share Analysis, 2023
- 14.2. FPNV Positioning Matrix, 2023
- 14.3. Competitive Scenario Analysis
- 14.3.1. Openeem Bioscience Launches Biopesticides with Biobotanical Matrix in Brazil
- 14.3.2. Biobest Plans to Acquire Biopesticides Manufacturer
- 14.3.3. Scottish Agritech secured £4M for eco-friendly insecticides
- 14.3.4. Solasta Bio raised funds for green pesticides
- 14.3.5. Acquisition of Exclusive Global Manufacturing, Development and Distribution License of Bio-solution for agricultural use
- 14.3.6. AgroPages-Syngenta released four new biopesticides in Italy
- 14.3.7. BASF Invested €2.5 million (USD 2,73 million) to Expand Inoculants, Biologicals Production in Argentina
- 14.3.8. Biofungicide PHC279 Approved by the U.S. EPA
- 14.3.9. Vestaron Launched New Bioinsecticide for the U.S. Row Crops
- 14.3.10. The STDF And Iica Launched Project To Promote Reduced Pesticide Residue In Agricultural Exports
- 14.3.11. Certis Biologicals Introduced BioFungicide SoilGard to Provide Disease Protection for Greenhouse and Agriculture Specialty Crops
- 14.3.12. DPH Biologicals Launched Biofungicide Seed Treatment
- 14.3.13. Sumitomo Chemical Acquired the U.S. Biostimulant Business Company to Further Expand its Biorationals Business | Business & Products
- 14.3.14. Valent BioSciences Announced the Acquisition of FBSciences
- 14.3.15. Vestaron Adds USD 10 million Funding for New Biopesticide R&D Plans
- 14.3.16. ADAMA launches sugarcane herbicide Jumbo in Brazil
- 14.3.17. FMC Corporation unveiled new Plant Health business brand identity, 'Biologicals by FMC,' reflecting company's commitment to biological crop protection
- 14.3.18. FMC Corporation unveiled new Plant Health business brand identity, 'Biologicals by FMC,' reflecting company's commitment to biological crop protection
- 14.3.19. UPL And Chr. Hansen Announced the Launch Of Zoatin - A Bionutritional To Increase Crop Health And Yield
- 14.3.20. Indigo Ag Accelerated Biological Innovation with Novel Biofungicide
- 14.3.21. Syngenta Crop Protection Acquired two Bioinsecticides from UK-Based Biocontrol Technology Developer, Bionema
- 15. Competitive Portfolio
- 15.1. Key Company Profiles
- 15.2. Key Product Portfolio
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