The global biopesticides market is anticipated to grow at a significant CAGR of around 12% during the forecast period. Biopesticides are defined as pesticides that are derived from naturally occurring minerals or animals, plants, and insects. The use of biopesticides aids in reducing the adverse effects on environments that are anticipated to be the major driving factor for the growth of the biopesticides market. Soil erosion is also minimized with the use of biopesticides. Additionally, biopesticides don’t harm any living organism other than the targeted species which will increase the adoption of biopesticides significantly during the forecast period.
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However, the already established market of synthetic pesticides will majorly restrict the growth of the biopesticides market. In addition to this, the lack of awareness regarding the benefits of biopesticides will hamper the biopesticides market. Additionally, the less shelf life of biopesticides compared to synthetic pesticides is another challenge for the biopesticides market. Besides, the increasing R&D activities coupled with the new product launches by key players will present new growth opportunities to the biopesticides market during the forecast period.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Biopesticides Market by Type
- Bioherbicide
- Bioinsecticide
- Biofungicide
- Others (Bionematicides)
Global Biopesticides Market by Source
- Microbial Pesticide
- Plant Pesticide
- Biochemical Pesticide
Global Biopesticides Market by Application
- Foliar Spray
- Seed Treatment
- Soil Treatment
- Post-harvest
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- AEF GLOBAL
- Agri Life
- Andermatt Biocontrol AG
- BASF SE
- Bayer AG (Bayer Cropscience Ltd.)
- BioTEPP Inc.
- Bioworks Inc.
- Certis USA L.L.C.
- Corteva Agriscience
- CropLife Canada Inc.
- FMC Corp.
- Isagro S.p.a.,
- Koppert Biological Systems
- Marrone Bio Innovations, Inc.
- Novozymes A/S
- SEIPASA, S.A.
- Som Phytopharma India Ltd.
- Sumitomo Chemical Co., Ltd.
- Syngenta AG
- United Phosphorus Ltd.
- Valent BioSciences LLC
- Vive Crop Protection, Inc.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global biopesticides market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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