Id: CBI_1658 | Pages: 351 | Format : PDF | Published : | Author : Amit Sati | Category : Agriculture & Animal Feed
Biopesticides Market size is growing with a CAGR of 14.2% during the forecast period (2024-2031), and the market is projected to be valued at USD 20,742.67 Million by 2031 from USD 7,279.09 Million in 2023.
Biopesticides are natural or biologically derived agents used to control pests, diseases, and weeds. Unlike synthetic pesticides, they are typically sourced from natural materials such as plants, microorganisms, or certain minerals. They are categorized into multiple types, namely bioinsecticides, biofungicides, bioherbicides, and others. They offer numerous advantages over traditional chemical pesticides. They are environmentally friendly, breaking down rapidly without leaving harmful residues, which helps preserve soil and water quality. They are highly specific, targeting only the intended pests or diseases. This minimizes harm to beneficial organisms such as pollinators and natural predators. They are also safer for humans, reducing the risk of toxicity. Additionally, they are a sustainable option, helping to prevent pest resistance over time. Their integration into agricultural practices promotes ecological balance and supports organic farming initiatives, making them a key tool for sustainable agriculture.
Organic food is produced without the use of synthetic pesticides, fertilizers, or genetically modified organisms (GMOs). It prioritizes environmental sustainability, animal welfare, and human health. In contrast to traditional chemical pesticides, bioinsecticides, bio fungicides, and bioherbicides exhibit greater selectivity. They target specific pests, minimizing harm to beneficial insects and other organisms. Additionally, they decompose quickly, reducing their long-term impact on the environment. By using them, organic farmers maintain crop health and yield while adhering to strict organic standards and preserving ecosystem balance.
There is increasing awareness regarding environmental issues such as pesticide pollution, soil degradation, and climate change among consumers which has led to an increase in the need for healthier and more sustainable food options.
Overall, the growing consumer preference for organic food, driven by environmental concerns and health consciousness, is significantly boosting the biopesticides market expansion.
Chemical pesticides pose significant drawbacks. They harm beneficial insects, birds, and other wildlife. Additionally, they contaminate water bodies and soil, leading to environmental pollution. Long-term exposure to chemical pesticides also has adverse health effects on humans, including neurological disorders and cancer. Furthermore, overuse of these chemicals leads to the development of pesticide resistance in pests, reducing their effectiveness over time.
Governments worldwide are increasingly recognizing the environmental and health risks associated with synthetic chemical pesticides and are implementing supportive policies to promote the adoption of sustainable and eco-friendly pest management practices.
Additionally, these policies include subsidies, and research grants to encourage the development and commercialization of biologically made pesticides. Overall, by providing financial support and creating a conducive regulatory environment, governments are playing a crucial role in accelerating the global biopesticides market growth.
Low performance compared to traditional chemical pesticides is one of the key restraints hindering the widespread adoption of these biologically derived pesticides. Biopesticides are sensitive to factors like temperature, humidity, and light. Improper storage further reduces their shelf life.
In addition to that, these pesticides, being derived from natural sources, are more susceptible to degradation and have a limited duration of activity. This necessitates more frequent applications, increasing labor costs and reducing overall crop protection. Furthermore, under adverse environmental conditions or against highly resistant pests, these pesticides lead to inconsistent results and potentially compromise crop yields.
Overall, analysis shows that the lower efficacy and shorter shelf life of bio-derived pesticides compared to chemical pesticides, coupled with higher costs pose significant challenges to their widespread adoption, hampering the biopesticides market trends.
Ongoing technological advancements in biotechnology and formulation technologies are creating significant global biopesticides market opportunities. These advancements are leading to the development of more effective and targeted biological pesticides with enhanced efficacy, broader target spectra, and improved environmental compatibility.
Moreover, integrating biological pesticides with precision agriculture technologies is impacting positively the biopesticides market trends. By utilizing advanced data analytics and sensor technologies, farmers can precisely identify areas with pest infestations and apply these pesticides only where needed. This targeted approach will minimize chemical input while optimizing resource utilization.
Overall, leveraging technological advancements and strategic integrations can significantly enhance the efficacy and market potential of biological pesticides.
Based on product type, the market is categorized into bioinsecticides, biofungicides, bioherbicides, and others.
The bioinsecticides segment accounted for the largest market share of 39.76% in 2023.
The biofungicides segment is expected to grow at the fastest CAGR over the forecast period.
The form segment is categorized into liquid and powder.
The liquid segment accounted for the largest market share in 2023.
The powder segment is expected to grow at the fastest CAGR over the forecast period.
The application segment is categorized into fruits and vegetables, cereals and grains, oilseeds and pulses, and others.
The fruits and vegetables segment accounted for the largest market share in 2023.
The cereals and grains segment is expected to grow at the fastest CAGR over the forecast period.
The regional segment includes North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
The regional segment includes North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
In 2023, North America accounted for the highest biopesticides market share at 36.10% and was valued at USD 2,627.75 Million and is expected to reach USD 7,498.48 Million in 2031. In North America, the U.S. accounted for the highest biopesticides market share of 68.75% during the base year of 2023. The dominance is driven by several key trends. First, the region has stringent regulations on synthetic pesticides, encouraging the adoption of eco-friendly alternatives. Moreover, the biopesticides market analysis depicts that a significant portion of the population prefers organic and sustainably produced food, leading manufacturers to increase organic production, and influencing the need for bioherbicides, bio fungicides, and bioinsecticides.
Additionally, substantial investments in research and development have led to the development of innovative biological pesticides and advanced application technologies. Furthermore, well-established distribution networks and strong consumer awareness about the benefits of biologically derived pesticides contribute to the biopesticides market growth in the region. Overall, the stringent regulations, growing organic food demand, and significant investments in research and development are driving the dominance of North America in the global biopesticides market.
In Asia Pacific, the biopesticides market is experiencing the fastest growth with a CAGR of 14.9% over the forecast period. The market is driven by increasing agricultural activity and the need for sustainable farming practices. Government initiatives promoting organic farming, especially in countries such as India and China, play a crucial role. Rising awareness among farmers about the environmental and health hazards of synthetic pesticides has shifted the focus toward bio-based alternatives. High population growth and food security concerns also necessitate improved crop yields through safer pest control solutions.
Europe's biopesticides market analysis states several factors are responsible for the progress of the market in the region, characterized by strict regulations and a strong emphasis on sustainable agriculture. The region’s focus on reducing pesticide usage by 50% by 2030 has accelerated organic pesticide adoption. Moreover, the region has a well-established regulatory framework, ensuring their safety and efficacy. Investments in biocontrol R&D and a strong network of startups in countries such as France, Germany, and the Netherlands also contribute to market growth in the region. Environmental conservation policies and eco-certifications further encourage their widespread use. The growing demand for organic food and increasing consumer awareness about the environmental impact of synthetic pesticides are driving the market forward.
The Middle East and Africa (MEA) region is also witnessing a notable surge in the biopesticides market, fueled by the region facing challenges such as water scarcity, soil degradation, and pest infestations. Bio-pesticides offer sustainable solutions to these problems. Moreover, government initiatives to improve agricultural productivity in arid climates, particularly in the Gulf countries, promote adoption. In Africa, international aid and partnerships, such as programs focusing on organic farming, foster the use of eco-friendly pest control methods. Additionally, rising awareness of the adverse effects of chemical pesticides on health and the environment creates potential.
The Latin American biopesticides market size is also emerging. The expansion of organic farming and export-oriented agriculture is a major drive. Countries such as Brazil, Argentina, and Mexico are adopting these pesticides to meet stringent import regulations from North America and Europe. Rising incidences of pest resistance to synthetic pesticides are pushing farmers toward sustainable options. Additionally, Latin America's rich biodiversity supports the development of region-specific pesticides. Government subsidies for organic farming and private-sector investments in agricultural biotechnology further propel the market.
The Biopesticides market is highly competitive with major players providing products to the national and international markets. Key players are adopting several strategies in research and development (R&D) and product innovation to hold a strong position in the global Microbiology market. Key players in the Biopesticides industry include-
Product Launch:
Report Attributes | Report Details |
Study Timeline | 2018-2031 |
Market Size in 2031 | USD 20,742.67 Million |
CAGR (2024-2031) | 14.2% |
By Product Type |
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By Form |
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By Application |
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By Region |
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Key Players |
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North America | U.S. Canada Mexico |
Europe | U.K. Germany France Spain Italy Russia Benelux Rest of Europe |
APAC | China South Korea Japan India Australia ASEAN Rest of Asia-Pacific |
Middle East and Africa | GCC Turkey South Africa Rest of MEA |
LATAM | Brazil Argentina Chile Rest of LATAM |
Report Coverage |
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In 2023, the Biopesticides market is USD 7,279.09 Million.
Asia Pacific is the fastest-growing region in the Biopesticides market.
Product Type and Application segmentation details are covered in the Biopesticides market
BASF SE (Germany), Bayer AG (Germany), Syngenta AG (Switzerland), Sumitomo Chemical Co., Ltd (Japan), Corteva Agriscience (U.S.), FMC Corporation (U.S.), Valent BioSciences (U.S.), Koppert Biological Systems (Netherlands), Certis Biologicals (U.S.), and Biobest B.V. (Belgium).