Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
What is the expected growth rate for the Biopesticides Market?
The biopesticides market size has witnessed rapid growth in recent years, escalating from $7.35 billion in 2024 to an anticipated $8.75 billion in 2025. This increase reflects a compound annual growth rate (CAGR) of 19.0%. Factors driving this growth include heightened awareness about the environmental and health impacts of traditional pesticides, stringent government regulations, an expansion of organic farming practices, substantial investments in research and development, and an overall rise in disposable income.
Continuing on this upward trajectory, the biopesticides market is projected to reach an impressive $17.21 billion by 2029, with a CAGR of 18.4%. The forecasted growth is due to the expansion of the agriculture sector, a growing global population, increased demand for high-quality and hygienic food, and overarching economic growth. Other factors contributing to the projected growth include the integration of precision agriculture, digital technology advancements, and increased market consolidation and strategic partnerships.
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What are the primary drivers of the Biopesticides Market?
The surge in demand for organic food is propelling the growth of the biopesticides market. During the COVID-19 pandemic, organic food sales have seen an upsurge due to consumer perceptions equating organic food with improved health and better immunity. Biopesticides, derived from living organisms, are potent against pests yet harmless to the plants they infest. This reduces soil pollution and erosion, making biopesticides ideal for organic crop production. A prime example of this trend is the breaking of the $60 billion mark in organic food sales in the United States in 2022, as indicated by the Organic Industry Survey released by the Organic Trade Association.
Which are the primary segments in the Biopesticides Market?
1) By Type: Bioinsecticides, Biofungicides, Bionematicides, Bioherbicides, Other Types
2) By Source: Microbials, Biochemicals, Beneficial insects
3) By Formulation: Liquid Formulation, Dry Formulation
4) By Mode Of Application: Seed Treatment, Soil Treatment, Foliar Spray, Other Mode Of Applications
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Who are the key players in the Biopesticides Market?
Major companies operating in the biopesticides market include BASF SE, Syngenta AG, Bayer AG, Marrone Bio Innovations Inc., Novozymes A/S, Koppert B.V., FMC Corporation, International Panaacea Limited, Som Phytopharma India Limited, BioWorks Inc., Valent Biosciences LLC, Andermatt Biocontrol AG, Isagro S.p.A., Certis USA LLC, DowDuPont Inc., The Stockton Group Ltd., InVivo Group, Vegalab S.A., Biobest Group NV, STK Bio-ag technologies Ltd., Bionema Limited, Corteva Inc., Sumitomo Chemical Co. Ltd., Omnia Holdings Limited, Amit Biotech Private Limited, Agbiochem Inc., AgBiTech Pty Ltd., Arbico Organics, Arysta LifeScience Limited, Stoller Enterprises Inc., Terramera PlantHealth, Aphea.Bio NV, Pluton Biosciences Inc., Phoreus Biotech Inc., Provivi Inc., Vestaron Corporation, Agragene Inc., and Symbiota Inc.
What trends are emerging in the Biopesticides Market?
Technological advancements are emerging trends in the biopesticides market. Biopesticides manufacturers are leveraging these advancements to develop new bacterial strains for the biological control of pests and plant diseases. Croda, for instance, a UK-based chemicals company, launched Atlox™ BS-50 in September 2023 for spore-forming microbes. Atlox BS-50 prevents separation or sedimentation during storage, thereby ensuring the effectiveness of the microbes.
Which region anticipates the highest growth rate in the Biopesticides Market?
In 2024, North America held the largest share of the biopesticides market. Asia-Pacific, however, is expected to be the fastest-growing region. The report also covers the regions of Western Europe, Eastern Europe, South America, Middle East, and Africa.
What Does The Biopesticides Market Report 2025 Offer?
Biopesticides are a type of pesticide derived from natural materials such as animals, plants, bacteria, and certain minerals. They help manage a vast range of agricultural pests found in forests, gardens, and farmlands, including plant-incorporated protectants, biochemical pesticides, and microbial pesticides. The Biopesticides Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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