Biopesticides Market Size, Share, and Growth Analysis, By Type (Bioinsecticides, Biofungicides), By Source (Microbes, Biochemicals), By Formulation, By Mode of Application, By Crop Type, By Region

Description

Biopesticides Market size was valued at USD 7.3 billion in 2023 and is poised to grow from USD 8.32 billion in 2024 to USD 23.74 billion by 2032, growing at a CAGR of 14.0% during the forecast period (2025-2032).

The biopesticides market is poised for growth, driven by increasing organic farming demand and heightened awareness of the adverse effects of chemical pesticides. Regulatory restrictions on chemical usage, a focus on sustainability, and shifting consumer preferences significantly contribute to this upward trend. Additionally, government subsidies and incentives are expected to motivate more farmers to adopt biopesticides, further enhancing market prospects. However, challenges such as high costs, limited availability, and lack of consumer awareness may hinder overall demand in the long run. Concerns regarding the limited shelf life and stability of biopesticides also pose potential obstacles to sales growth throughout the analysis period and beyond. Overall, the market presents both opportunities and challenges for stakeholders.

Top-down and bottom-up approaches were used to estimate and validate the size of the Biopesticides market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Biopesticides Market Segments Analysis

Global Biopesticides Market is segmented by Type, Source, Formulation, Mode of Application, Crop Type and region. Based on Type, the market is segmented into Bioinsecticides, Biofungicides, Bionematicides, Bioherbicides and Other Biopesticides. Based on Source, the market is segmented into Microbes, Biochemicals and Beneficial Insects & Other Macrobials. Based on Formulation, the market is segmented into Liquid and Dry. Based on Mode of Application, the market is segmented into Seed Treatment, Soil Treatment, Foliar Spray and Other Modes of Application. Based on Crop Type, the market is segmented into Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables and Other Crop Types. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Biopesticides Market

The biopesticides market is experiencing significant growth driven by the increasing popularity of organic farming worldwide. This trend can be attributed to heightened awareness of the harmful effects associated with chemical usage in agriculture. As consumers become more health-conscious, their preference for organic food products has surged, resulting in an uptick in the demand for biopesticides. These natural alternatives are becoming essential for sustainable farming practices, aligning with the evolving consumer values that prioritize health and environmental sustainability. Consequently, the biopesticides market is positioned for substantial expansion as it meets the rising consumer demand for safer agricultural products.

Restraints in the Biopesticides Market

The biopesticides market faces significant challenges due to the intricate nature of biopesticide development, which often leads to elevated production costs, making these products unaffordable for budget-conscious farmers. This financial barrier restricts accessibility and adoption among smaller agricultural operations. Additionally, the widespread availability of traditional pesticides at lower price points further stifles the growth prospects of the biopesticide market, as many farmers opt for more economical alternatives. Consequently, the higher costs associated with biopesticides, combined with the competitive pricing of conventional pesticides, pose substantial constraints on the market's expansion and acceptance within the agricultural sector.

Market Trends of the Biopesticides Market

The biopesticides market is witnessing a significant trend towards the expansion of pest spectrum capabilities. Companies are increasingly investing in research and development to formulate biopesticides that effectively target a wider range of pests and diseases affecting crops. This strategic focus not only enhances product efficacy but also addresses the growing demand for sustainable agricultural practices. As global awareness of environmental impact rises, biopesticide firms that diversify their product offerings to combat various pests and diseases will secure competitive advantages and ensure long-term business sustainability. This trend reflects the agricultural sector's shift towards eco-friendly pest management solutions, fostering innovation and market growth within the biopesticides industry.

Product Code: SQMIG15C2032

Introduction

Objectives of the Study
Scope of the Report
Definitions

Research Methodology

Information Procurement
Secondary & Primary Data Methods
Market Size Estimation
Market Assumptions & Limitations

Executive Summary

Global Market Outlook
Supply & Demand Trend Analysis
Segmental Opportunity Analysis

Market Dynamics & Outlook

Market Overview
Market Size
Market Dynamics
- Drivers & Opportunities
- Restraints & Challenges
Porters Analysis
- Competitive rivalry
- Threat of substitute
- Bargaining power of buyers
- Threat of new entrants
- Bargaining power of suppliers

Key Market Insights

Key Success Factors
Degree of Competition
Top Investment Pockets
Market Ecosystem
Market Attractiveness Index, 2024
PESTEL Analysis
Macro-Economic Indicators
Value Chain Analysis
Patent Analysis
Technology Analysis
Case Studies
Customer And Buying Criteria Analysis

Global Biopesticides Market Size by Type & CAGR (2025-2032)

Market Overview
Bioinsecticides
- Bacillus Thuringiensis
- Beauveria Bassiana
- Metarhizium Anisopliae
- Verticillium Lecanii
- Baculovirus
- Other Bioinsecticides
Biofungicides
- Trichoderma
- Bacillus
- Pseudomonas
- Streptomyces
- Other Biofungicides
Bionematicides
- Paecilomyces Lilacinus
- Bacillus Firmus
- Pasteuria Species
- Other Bionematicides
Bioherbicides
Other Biopesticides

Global Biopesticides Market Size by Source & CAGR (2025-2032)

Market Overview
Microbes
- Bacteria
- Fungi
- Virus
- Protozoa
Biochemicals
- Semiochemicals
- Plant Extracts
- Organic Acids & Others
Beneficial Insects & Other Macrobials
- Predators
- Parasitoids

Global Biopesticides Market Size by Formulation & CAGR (2025-2032)

Market Overview
Liquid
- Emulsifiable Concentrates
- Suspension Concentrates
- Soluble Liquid Concentrates
Dry
- Dry Granules
- Water-Dispersible Granules
- Wettable Powders

Global Biopesticides Market Size by Mode of Application & CAGR (2025-2032)

Market Overview
Seed Treatment
Soil Treatment
Foliar Spray
Other Modes of Application

Global Biopesticides Market Size by Crop Type & CAGR (2025-2032)

Market Overview
Cereals & Grains
- Corn
- Wheat
- Rice
- Other Cereals & Grains
Oilseeds & Pulses
- Soybean
- Sunflower
- Other Oilseeds & Pulses
Fruits & Vegetables
- Root & Tuber Vegetables
- Leafy Vegetables
- Pome Fruits
- Berries
- Citrus Fruits
- Other Fruits & Vegetables
Other Crop Types

Global Biopesticides Market Size & CAGR (2025-2032)

North America (Type, Source, Formulation, Mode of Application, Crop Type)
- US
- Canada
Europe (Type, Source, Formulation, Mode of Application, Crop Type)
- Germany
- Spain
- France
- UK
- Italy
- Rest of Europe
Asia Pacific (Type, Source, Formulation, Mode of Application, Crop Type)
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America (Type, Source, Formulation, Mode of Application, Crop Type)
- Brazil
- Rest of Latin America
Middle East & Africa (Type, Source, Formulation, Mode of Application, Crop Type)
- GCC Countries
- South Africa
- Rest of Middle East & Africa

Competitive Intelligence

Top 5 Player Comparison
Market Positioning of Key Players, 2024
Strategies Adopted by Key Market Players
Recent Developments in the Market
Company Market Share Analysis, 2024
Company Profiles of All Key Players
- Company Details
- Product Portfolio Analysis
- Company's Segmental Share Analysis
- Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

BASF SE (Germany)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Bayer AG (Germany)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Biobest Group NV (Belgium)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Certis USA L.L.C (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Novozymes A/S (Denmark)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Marrone Bio innovations (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Syngenta AG (Switzerland)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Nufarm (Australia)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Som Phytopharma India Ltd (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Valent Biosciences LLC. (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
BioWorks, Inc. (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
STK Bio-ag (Philippines)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
UPL (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
FMC Corporation (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Koppert (Netherlands)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
IPL Biologicals (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Pro Farm Group Inc. (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Vegalab S.A (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
BIONEMA (Wales)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Isagro S.p.A (Italy)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments

Biopesticides Market Size, Share, and Growth Analysis, By Type (Bioinsecticides, Biofungicides), By Source (Microbes, Biochemicals), By Formulation, By Mode of Application, By Crop Type, By Region - Industry Forecast 2025-2032