Biopesticides Market Size, Share, Trends & Competitive Analysis By Type: Microbial Biopesticides, Plant-Incorporated Protectants, Biochemical Biopesticides By Application:, Crop-Based, Non-Crop-Based By Crop Type: By Non-Crop Type: By Formulation: By Mode of Action: By Regions, and Industry Forecast, Global Report 2024-2032

The global Biopesticides Market size was valued at USD 7.82 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 13.4% during the forecast period, reaching a value of USD 20.55 billion by 2030.

Biopesticides Market research report by Future Data Stats, offers a comprehensive view of the Market's historical data from 2019 to 2022, capturing trends, growth patterns, and key drivers. It establishes 2023 as the base year, analyzing the Market landscape, consumer behavior, competition, and regulations. Additionally, the report presents a well-researched forecast period from 2024 to 2032, leveraging data analysis techniques to project the Market's growth trajectory, emerging opportunities, and anticipated challenges.

MARKET OVERVIEW:

Biopesticides are natural substances derived from animals, plants, bacteria, and certain minerals. They offer a sustainable alternative to synthetic pesticides, effectively managing pests while minimizing harm to the environment and human health. Biopesticides work by interfering with pests' life processes, such as growth regulation or reproduction, ultimately controlling their populations. Unlike conventional pesticides, biopesticides typically have low toxicity levels and degrade quickly, reducing the risk of chemical residues in food and water sources. With growing concerns about environmental sustainability and chemical exposure, the use of biopesticides continues to gain traction in agricultural practices worldwide.

One key advantage of biopesticides is their compatibility with integrated pest management (IPM) strategies. By incorporating biopesticides alongside other pest control methods like crop rotation and biological controls, farmers can develop more comprehensive and resilient pest management systems. Additionally, biopesticides often exhibit target specificity, meaning they primarily affect the intended pest species while sparing beneficial organisms like pollinators and natural predators. This targeted approach reduces the risk of disrupting ecosystems and helps maintain biodiversity on farmlands. As research and development in biopesticides advance, their efficacy and applicability across various agricultural settings are expected to further expand, contributing to more sustainable and environmentally friendly farming practices globally.

MARKET DYNAMICS:

The increasing awareness among consumers and regulatory bodies about the adverse effects of chemical pesticides on human health and the environment. This heightened awareness has prompted a shift towards biopesticides, which are derived from natural sources and pose fewer risks to both ecosystems and human health. Additionally, stringent regulations imposed by governments worldwide to reduce chemical pesticide usage and promote sustainable agriculture have further fueled the growth of the biopesticides market.

The biopesticides market faces certain restraints that hinder its full potential. One such restraint is the comparatively lower efficacy of biopesticides compared to synthetic pesticides in some instances. While biopesticides offer effective pest control solutions, their performance may vary depending on factors such as pest type, application method, and environmental conditions. Moreover, the limited availability of biopesticides for certain pest species and crops poses a challenge to widespread adoption.

BIOPESTICIDES MARKET SEGMENTAL ANALYSIS

BY TYPE:

Microbial biopesticides, one of the primary types, harness the power of microorganisms such as bacteria, fungi, and viruses to control pests. These biopesticides work by disrupting pest physiology or causing diseases specific to the target pests while posing minimal risks to non-target organisms and the environment. With advancements in biotechnology, microbial biopesticides have gained traction due to their effectiveness and eco-friendly nature.

Another significant category within the biopesticides market is plant-incorporated protectants (PIPs). PIPs are genetically modified crops engineered to express proteins or compounds that confer resistance to pests and diseases. By incorporating pest-resistant traits directly into the plant's genetic makeup, PIPs offer continuous protection throughout the plant's lifecycle, reducing the need for external pesticide applications. This approach not only enhances pest management but also promotes sustainable agriculture by minimizing chemical inputs and reducing environmental contamination.

Biochemical biopesticides represent another important segment of the biopesticides market. Unlike microbial biopesticides and PIPs, which rely on living organisms or genetic modifications, biochemical biopesticides are formulated from naturally occurring substances such as plant extracts, pheromones, and insect growth regulators. These biopesticides disrupt pest behavior, growth, or reproduction, offering targeted control while maintaining environmental safety. As consumer demand for organic and sustainable agricultural practices continues to rise, biochemical biopesticides are gaining popularity as effective alternatives to synthetic chemical pesticides.

BY APPLICATION:

Crop-based biopesticides are extensively utilized in agriculture to manage pests and diseases affecting various crops such as fruits, vegetables, cereals, and pulses. These biopesticides offer farmers an eco-friendly alternative to synthetic pesticides, addressing pest pressures while minimizing adverse environmental impacts and preserving crop quality.

In contrast, non-crop-based applications of biopesticides encompass a diverse range of uses beyond traditional agricultural settings. These applications include pest control in forestry, ornamental plants, turf management, and public health initiatives such as vector control. Biopesticides play a crucial role in maintaining ecosystem balance and biodiversity in non-crop environments while reducing reliance on chemical pesticides. Their targeted approach to pest management minimizes unintended harm to beneficial organisms and reduces the risk of chemical residues in non-agricultural ecosystems.

The growing demand for sustainable pest management practices and increasing regulatory scrutiny on chemical pesticide usage are key drivers propelling the adoption of biopesticides across both crop-based and non-crop-based applications. As awareness of environmental and health concerns associated with conventional pesticides continues to rise, biopesticides offer a viable solution to meet the evolving needs of modern agriculture and pest control in various sectors. This trend is expected to drive further innovation and investment in the biopesticides market, shaping the future of pest management towards more sustainable and eco-friendly approaches.

BY CROP TYPE:

In the category of grains and cereals, biopesticides play a crucial role in managing pests and diseases that affect staple crops such as wheat, rice, corn, and barley. By offering effective and environmentally friendly pest control solutions, biopesticides help safeguard yield and quality while reducing the reliance on synthetic pesticides, thereby promoting sustainable agricultural practices in grain and cereal production.

Fruits and vegetables represent another significant segment of the biopesticides market, characterized by a wide variety of crops with unique pest management requirements. Biopesticides are extensively utilized in fruit orchards and vegetable farms to combat pests and diseases that threaten crop health and productivity. With consumers increasingly demanding pesticide-free produce, biopesticides offer growers a sustainable alternative to conventional chemical pesticides, ensuring food safety and environmental stewardship in fruit and vegetable production systems.

Oilseeds and pulses, including crops like soybeans, sunflowers, chickpeas, and lentils, also benefit from the use of biopesticides to manage pest pressures effectively. By incorporating biopesticides into integrated pest management (IPM) strategies, oilseed and pulse growers can mitigate pest damage while minimizing environmental impacts and preserving soil health. Additionally, biopesticides find applications in other crop types, such as specialty crops, forages, and industrial crops, contributing to sustainable agriculture practices across diverse agricultural landscapes.

BY NON-CROP TYPE:

Turf and ornamental grass management represent a significant segment within this category, with biopesticides playing a vital role in maintaining the health and aesthetics of lawns, parks, golf courses, and other green spaces. By targeting pests specific to turf and ornamental plants, biopesticides offer effective control while minimizing environmental impact and ensuring safe recreational spaces for public enjoyment.

Beyond turf and ornamental grass, biopesticides find diverse applications in various non-crop settings, including forestry, public health, and vector control. In forestry, biopesticides are employed to manage pests and diseases that threaten the health and productivity of forests, promoting sustainable forest management practices. Moreover, biopesticides play a crucial role in public health initiatives by controlling disease vectors such as mosquitoes and ticks, thereby reducing the spread of vector-borne illnesses while minimizing human and environmental exposure to chemical pesticides.

The growing demand for eco-friendly pest management solutions and increasing regulatory pressures on chemical pesticide usage are driving the adoption of biopesticides across non-crop sectors. As awareness of environmental and health concerns associated with conventional pesticides continues to rise, biopesticides offer a sustainable alternative that meets the evolving needs of non-agricultural applications. This trend is expected to fuel further innovation and investment in biopesticide development, expanding their use across diverse non-crop settings and contributing to a more sustainable and environmentally friendly approach to pest management.

BY FORMULATION:

Liquid formulation stands out as a prominent category, offering versatility and ease of application across various agricultural and non-agricultural settings. Liquid biopesticides are typically diluted with water and can be applied using conventional spraying equipment, ensuring uniform coverage and efficient pest control. This formulation is particularly favored in large-scale farming operations where quick and thorough application is essential for effective pest management.

In contrast, dry formulation represents another significant segment within the biopesticides market, catering to specific application needs and preferences. Dry biopesticides are formulated as powders, granules, or dusts, providing advantages such as extended shelf life, ease of storage, and reduced risk of product degradation. This formulation is well-suited for certain crops and environments where liquid applications may not be practical or where targeted delivery of active ingredients is required. Additionally, dry biopesticides offer convenience and flexibility in application methods, allowing growers to tailor pest control strategies to meet their specific needs.

The choice between liquid and dry formulations depends on various factors, including crop type, application method, and environmental considerations. While liquid formulations offer uniform coverage and efficient application, dry formulations provide advantages in terms of shelf life and ease of handling. Both formulations play crucial roles in meeting the diverse pest management needs of agricultural producers and environmental stewards, driving innovation and growth in the biopesticides market. As demand for sustainable pest control solutions continues to rise, the development of new and improved formulations will further shape the dynamics, ensuring effective and eco-friendly pest management practices globally.

BY MODE OF ACTION:

Predatory biopesticides utilize natural predators such as predatory insects, nematodes, or mites to control pest populations. These biopesticides work by introducing or enhancing populations of beneficial organisms that prey on target pests, effectively reducing pest numbers while minimizing environmental impact and preserving ecosystem balance.

Parasitic biopesticides represent another significant segment, leveraging parasitic organisms such as parasitoid wasps or nematodes to target and control pest populations. These biopesticides work by parasitizing pest species, ultimately leading to their demise or suppression. By harnessing the natural biological interactions between parasites and their hosts, parasitic biopesticides offer targeted and sustainable pest control solutions, reducing the reliance on chemical pesticides and promoting ecosystem health.

In addition to predatory and parasitic modes of action, herbivory-based biopesticides utilize herbivorous organisms such as certain insects or mollusks to control weed populations. These biopesticides work by introducing or enhancing populations of herbivores that feed on target weed species, leading to their suppression or elimination. By harnessing natural herbivory mechanisms, herbivory-based biopesticides offer an eco-friendly alternative to synthetic herbicides, promoting weed management practices that are compatible with sustainable agriculture and environmental stewardship.

REGIONAL ANALYSIS:

North America holds a significant share in the biopesticides market, driven by stringent regulations promoting sustainable agriculture and increasing consumer demand for organic produce. The region's advanced agricultural infrastructure and research capabilities contribute to the development and adoption of innovative biopesticide solutions, fostering market growth.

In Europe, stringent regulatory frameworks and growing environmental concerns drive the adoption of biopesticides as alternatives to conventional chemical pesticides. The region's emphasis on sustainable farming practices and organic agriculture further propels market growth, with increasing investments in research and development to enhance the efficacy and applicability of biopesticides. In Asia Pacific, rapid urbanization, expanding population, and rising awareness of food safety and environmental sustainability fuel the demand for biopesticides.

KEY MARKET PLAYERS:

• Bayer CropScience AG
• BASF SE
• Syngenta AG
• Marrone Bio Innovations, Inc.
• Certis USA LLC
• Valent Biosciences LLC
• Koppert Biological Systems
• Isagro S.p.A.
• Bioworks Inc.
• Novozymes A/S
• Stockton Group
• Valent BioSciences Corporation
• Andermatt Biocontrol AG
• Camson Bio Technologies Limited
• W. Neudorff GmbH KG
• BioWorks Inc.
• FMC Corporation
• Monsanto Company
• Certis Europe BV
• Dow AgroSciences LLC
• Arysta LifeScience Corporation
• DuPont
• Sumitomo Chemical Co., Ltd.
• Seipasa S.A.
• Futureco Bioscience S.L.