USD 3.65 billion
Report ID: SQMG15C2001 | Region: Global | Published Date: November, 2022 | Pages: 158
Global Biopesticides Market was valued at USD 3.65 billion in 2021 and it is expected to reach at USD 11.10 billion by 2028, with CAGR of 14.69% over the forecast period (2022-2028).
Pesticides derived from natural resources such as plants, animals, bacteria, and minerals are known as biopesticides. Natural substances that control pests (biochemical pesticides), microorganisms that control pests (microbial pesticides), and biochemical plant growth regulators are all examples of biopesticides. In agricultural practices, biopesticides are used for insect control, disease control, weed control, nematode control, plant physiology, and productivity. Non-target organisms, such as beneficial insects and wildlife, are not harmed by biopesticides.
Many biopesticides are biodegradable as well. They decompose quickly and have no negative impact on surface or groundwater. Biopesticides are typically effective in small quantities, removing pollution concerns. Biopesticides are typically applied to plants and crops. In many crops, biopesticides are replacing synthetic pesticides, and they are playing an important role in agriculture and sustainable practices. Biopesticides are the best long-term crop protection solutions because they allow crops to grow without the use of chemicals or synthetic treatments and are not harmful to humans or livestock. Biopesticides are becoming increasingly popular in agriculture, and their demand is expected to skyrocket.
Growing demand for organic food and organic agriculture around the world drives demand for biological pesticides, propelling the overall Biopesticides Market forward. As consumers become more aware of the chemicals used in food production and the potential hazards of chemical residue on food, they are supporting chemical-free production alternatives, encouraging growers to practice organic farming, and driving demand for biopesticides.
Global Market Size
USD 3.65 billion
To get more reports on the above market click here to Buy The Report
The global biopesticides market is segmented based on formulation, type, source, application, crop type, and region. Based on formulation, the market is segmented into dry and liquid. Based Type market is categorized into Bioinsecticide, Biofungicides, Bionematicide, and Bioherbicides. Based Source market is categorized into Microbials, Biochemical and Beneficial insects. By Application it is segmented Soil Treatment, Seed Treatment, Foliar spray and others. Based on crop market is categorized in Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables and Others. Based on region it is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.
Analysis by Type:
In 2021, the biofungicides segment accounted for the largest share of the global biopesticides market. Fungi resistance to various chemical fungicides is expected to increase demand for alternative efficient products such as biofungicides. Moreover, regulatory prohibition or restriction on the use of certain active ingredients in the production of chemical agri-inputs is expected to be a positive factor for product growth. Furthermore, several horticultural crops grown under sheltered cultivation are more susceptible to pathogens, especially pathogenic nematodes. Given the economic losses, industry stakeholders are investigating possible opportunities to identify biological pesticides effective in controlling pathogenic nematodes.
Analysis by Source:
Microbes have demonstrated their ability to improve nutrient uptake and promote the development of plant-resident microbiota. They can thus ensure optimal yield enhancement and stress tolerance without the need for genetic modification, which has unsustainable long-term consequences. Biopesticide-containing microbes are widely used to protect crops from a wide range of plant pathogens in a variety of cultivated environments such as fields, nurseries, and protected cultivation systems.
Analysis by Application:
With strong growth projections during the forecast period, the foliar application segment is expected to obtain larger revenue in the global marketplace. The use of biopesticides in this way can result in rapid growth of the seedling after germination. Foliar spray treatment is also a simple method that can be used to treat specific plant diseases and deficiencies both curatively and preventively. Crop protection agricultural biologicals are widely used in seed treatment as a supplement to chemical agri-inputs. These pesticides are becoming more popular among growers as more people become aware of the benefits of using microbe-based biopesticides to restore microbial diversity and improve seed quality.
To get detailed analysis on other segments, Request For Sample Report
North America is currently the largest biopesticides market, and it is expected to account for a large segment of the market during the forecast period as well. The regional market is being driven by stringent rules and regulations regarding the use of synthetic crop protection chemicals to protect the environment from adverse effects. The product's sales in the regional market are being driven by the rigorous search for greener crop inputs. Moreover, the strong emphasis on using microbe-based pesticides to improve yield and pest resistance is expected to positively impact market growth and product demand. The Asian agriculture sector has a high demand for biopesticides. The population growth that is bound to put a strain on food security is expected to be more pronounced in Asia Pacific. As a result, the products are marketed as cost-effective, safe, and effective crop inputs to help boost yields from limited cultivable land. Row crops such as wheat, soy, and rice are making greater use of these pesticides to increase crop yield in an environmentally friendly manner.
Europe is the world's second-largest consumer of these products, with a slow but steady increase in use. A large number of consumers and strict regulatory restrictions on the use of synthetic pesticides are two major factors driving market growth in the region. France is one of the most rapidly growing users in Europe. The government implemented an efficient regulatory framework and drug approval system, resulting in the biopesticides market's rapid development. Within six months, the French Agency for Food, Environmental, and Occupational Health and Safety (ANSES) completes its review of biological control products such as biopesticides.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Speak to one of our ABIRAW analyst for your custom requirements before the purchase of this report
Major biopesticides market players such as BASF SE, Bayer AG, Biobest Group NV, and Syngenta AG. are constantly innovating in order to provide advanced biopesticides. Moreover, they are increasing their R&D investment as well as their interest in technological adoption, strategic acquisition, and collaboration in order to design and develop modern humanoid Biopesticides. Furthermore, to sustain their market position, key companies have implemented organic and inorganic growth strategies such as new robot launches and long-term contracts with airport authorities.
Top Players in the Global Biopesticides Market
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, current attempts to construct a biopesticides are centred on the peaceful coexistence of stakeholders of all sizes, promote decentralised division of power, and hasten the transition to web 3.0. The promise of the biopesticides is based on the disruption of existing technologies and the integration of multiple platforms for value creation in a virtual universe of possible applications spanning work, entertainment, financing, trade and exchange of services, virtual travel, gaming, and digital engagements in an immersive self-sustaining ecosystem powered by digital currencies and enabling edge computing.
|Market size value in 2021||USD 3.65 billion|
|Market size value in 2028||USD 11.10 billion|
|Forecast Unit (Value)||USD Billion|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
Free report customization with purchase. Customization includes:-
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Biopesticides Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Biopesticides Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Biopesticides Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Biopesticides Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "
- Mr. Ali Zali, Commercial Director, ICIIC Iran.