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Biopesticides Market Size

The biopesticides market is projected to experience significant growth over the forecast period, with biofungicides representing the largest segment due to their effectiveness against various pathogens. Bioinsecticides are noted for their rapid growth, driven by their successful application in pest-infested crops. Row crops, particularly rice, wheat, corn, soybean, sorghum, and barley, dominate biopesticide consumption due to the extensive organic farming areas. North America stands out as the largest region for biopesticide consumption, attributed to the increasing cultivation of organic crops and the widespread adoption of biological solutions by farmers.

Market Size of biopesticides Industry

Biopesticides Market Summary
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Icons Lable Value
svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 6.06 Billion
svg icon Market Size (2029) USD 10.26 Billion
svg icon Largest Share by Form Biofungicides
svg icon CAGR (2024 - 2029) 11.11 %
svg icon Largest Share by Region North America
svg icon Market Concentration High

Major Players

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*Disclaimer: Major Players sorted in no particular order

Key Players

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Biopesticides Market Analysis

The Biopesticides Market size is estimated at USD 6.06 billion in 2024, and is expected to reach USD 10.26 billion by 2029, growing at a CAGR of 11.11% during the forecast period (2024-2029).

  • Biofungicides is the Largest Form. Commercial bio-fungicides available in the market provide protection against various pathogens such as Pythium, Rhizoctonia, Fusarium, Sclerotinia, Thielaviopsis, and Botrytis
  • Bioinsecticides is the Fastest-growing Form. The application of Bioinsecticides in different pest-infested crops has significantly increased the mortality of harmful insects and decreased their progeny number.
  • Row Crops is the Largest Crop Type. Rice, wheat, corn, soybean, sorghum, and barley are the major organic row crops produced and their dominanance in biopesticide consumption is due to the large organic area.
  • North America is the Largest Region. The growing area under cultivation of organic crops and high adaption of biological solutions by the farmers of the region has made it the large consumer of biopesticides globally.
Biofungicides, Bioherbicides, Bioinsecticides are covered as segments by Form. Cash Crops, Horticultural Crops, Row Crops are covered as segments by Crop Type. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.

This section covers the major market trends shaping the Biopesticides Market according to our research experts:

Biofungicides is the largest Form

  • Biopesticides are made from natural materials such as animals, plants, bacteria, and certain minerals. They are used to control pests in an environmentally friendly way by harnessing natural mechanisms of control. Biopesticides are often selective, and they target specific pests, thereby reducing the impact on non-target species and the environment. Biopesticides are also typically less toxic to humans and animals, and they break down more quickly in the environment.
  • Biofungicides are the most popularly used biopesticides. They held a market share of 47.6% in 2022. Bacillus, Trichoderma, Streptomyces, and Pseudomonas are the most commercially used species of microorganisms in agriculture. These biofungicides effectively act against pathogens, such as Pythium, Rhizoctonia, Fusarium, Sclerotinia, Thielaviopsis, Botrytis, and powdery mildew.
  • Bioinsecticides accounted for 27.9% of the global biopesticides market in 2022. There are several pests that cause devastating losses to specific crops in each season, which can be effectively controlled by using target-specific bioinsecticides. For instance, cotton is an important cash crop grown globally. The cotton bollworm pest affects the yield of cotton plants, irrespective of the region. Bacillus thuringiensis, a commercially important bioinsecticide, is known to effectively control this devastating pest that can cause potential yield losses of 30-90%.  
  • The effectiveness of biopesticides in controlling target-specific pests and diseases with no harm to the environment and animals is expected to drive the global market for biopesticides. The biopesticides market is estimated to register a CAGR of 11% during the forecast period (2023-2029).
Biopesticides Market: Biopesticides Market, CAGR, %, By Form, 2023 - 2029

Biopesticides Industry Segmentation

Biofungicides, Bioherbicides, Bioinsecticides are covered as segments by Form. Cash Crops, Horticultural Crops, Row Crops are covered as segments by Crop Type. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.
Form
Biofungicides
Bioherbicides
Bioinsecticides
Other Biopesticides
Crop Type
Cash Crops
Horticultural Crops
Row Crops
Region
Africa
By Country
Egypt
Nigeria
South Africa
Rest of Africa
Asia-Pacific
By Country
Australia
China
India
Indonesia
Japan
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
By Country
France
Germany
Italy
Netherlands
Russia
Spain
Turkey
United Kingdom
Rest of Europe
Middle East
By Country
Iran
Saudi Arabia
Rest of Middle East
North America
By Country
Canada
Mexico
United States
Rest of North America
South America
By Country
Argentina
Brazil
Rest of South America
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Biopesticides Market Size Summary

The biopesticides market is experiencing significant growth, driven by the increasing demand for environmentally friendly pest control solutions. Biopesticides, derived from natural materials such as plants, animals, and minerals, offer a sustainable alternative to conventional pesticides by targeting specific pests and minimizing harm to non-target species and the environment. The market is characterized by the dominance of biofungicides, which are widely used to combat various pathogens, and bioinsecticides, which are rapidly gaining traction due to their effectiveness in controlling harmful insects. The largest consumer of biopesticides is North America, where the adoption of biological solutions in organic farming is on the rise. The Asia-Pacific region is also witnessing substantial growth, fueled by the expansion of organic farming in countries like China and India.

The biopesticides market is projected to continue its upward trajectory, supported by the increasing awareness of the adverse effects of conventional pesticides and the growing preference for sustainable agricultural practices. Government initiatives promoting organic farming and the ban on chemical pesticides in regions like South America further bolster the market's expansion. The market is fragmented, with key players such as Corteva Agriscience, Gujarat State Fertilizers & Chemicals Ltd, and Koppert Biological Systems Inc. actively participating in strategic collaborations and acquisitions to enhance their biologicals portfolios. These developments, along with the introduction of innovative products like Seipasa's "Fungisei," are expected to drive the market's growth and establish biopesticides as a crucial component of modern agriculture.

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Biopesticides Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION

    1. 1.1 Form

      1. 1.1.1 Biofungicides

      2. 1.1.2 Bioherbicides

      3. 1.1.3 Bioinsecticides

      4. 1.1.4 Other Biopesticides

    2. 1.2 Crop Type

      1. 1.2.1 Cash Crops

      2. 1.2.2 Horticultural Crops

      3. 1.2.3 Row Crops

    3. 1.3 Region

      1. 1.3.1 Africa

        1. 1.3.1.1 By Country

          1. 1.3.1.1.1 Egypt

          2. 1.3.1.1.2 Nigeria

          3. 1.3.1.1.3 South Africa

          4. 1.3.1.1.4 Rest of Africa

      2. 1.3.2 Asia-Pacific

        1. 1.3.2.1 By Country

          1. 1.3.2.1.1 Australia

          2. 1.3.2.1.2 China

          3. 1.3.2.1.3 India

          4. 1.3.2.1.4 Indonesia

          5. 1.3.2.1.5 Japan

          6. 1.3.2.1.6 Philippines

          7. 1.3.2.1.7 Thailand

          8. 1.3.2.1.8 Vietnam

          9. 1.3.2.1.9 Rest of Asia-Pacific

      3. 1.3.3 Europe

        1. 1.3.3.1 By Country

          1. 1.3.3.1.1 France

          2. 1.3.3.1.2 Germany

          3. 1.3.3.1.3 Italy

          4. 1.3.3.1.4 Netherlands

          5. 1.3.3.1.5 Russia

          6. 1.3.3.1.6 Spain

          7. 1.3.3.1.7 Turkey

          8. 1.3.3.1.8 United Kingdom

          9. 1.3.3.1.9 Rest of Europe

      4. 1.3.4 Middle East

        1. 1.3.4.1 By Country

          1. 1.3.4.1.1 Iran

          2. 1.3.4.1.2 Saudi Arabia

          3. 1.3.4.1.3 Rest of Middle East

      5. 1.3.5 North America

        1. 1.3.5.1 By Country

          1. 1.3.5.1.1 Canada

          2. 1.3.5.1.2 Mexico

          3. 1.3.5.1.3 United States

          4. 1.3.5.1.4 Rest of North America

      6. 1.3.6 South America

        1. 1.3.6.1 By Country

          1. 1.3.6.1.1 Argentina

          2. 1.3.6.1.2 Brazil

          3. 1.3.6.1.3 Rest of South America

Biopesticides Market Size FAQs

The Biopesticides Market size is expected to reach USD 6.06 billion in 2024 and grow at a CAGR of 11.11% to reach USD 10.26 billion by 2029.

In 2024, the Biopesticides Market size is expected to reach USD 6.06 billion.

Biopesticides Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029