Biopesticides Market by Type, Source, Form, Crop, Application

List of Tables

[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.

KEY MARKET STATISTICS
Base Year [2023]	USD 6.12 billion
Estimated Year [2024]	USD 7.13 billion
Forecast Year [2030]	USD 18.39 billion
CAGR (%)	17.01%

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.

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.

FPNV Positioning Matrix

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).

Market Share Analysis

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.

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

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. 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.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Biopesticides Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Biopesticides Market?

3. What are the technology trends and regulatory frameworks in the Biopesticides Market?

4. What is the market share of the leading vendors in the Biopesticides Market?

5. Which modes and strategic moves are suitable for entering the Biopesticides Market?

Product Code: MRR-43422F546E54

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