Market Size of Microbial Pesticides Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 1.37 Billion |
| Market Size (2029) | USD 1.87 Billion |
| CAGR (2024 - 2029) | 6.42 % |
| Fastest Growing Market | South America |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Microbial Pesticides Market Analysis
The Microbial Pesticides Market size is estimated at USD 1.37 billion in 2024, and is expected to reach USD 1.87 billion by 2029, growing at a CAGR of 6.42% during the forecast period (2024-2029).
- While the prevalence of chemical or synthetic pesticides in crop protection is continuing, concerns about human and animal health and the environment are playing key roles in driving the growth of microbial pesticides. Several countries are adopting a stringent approach concerning the number of imports, focusing on regulating the number of pesticide residues. Due to the growing demand for food safety and quality, microbial pesticides are gaining popularity over their synthetic counterparts.
- When incorporated into an integrated pest management program (IPM), the use of microbial pesticides will reduce the need for synthetic pesticides to a very large extent without affecting crop yield rates. According to the Food and Agriculture Organization (FAO), the total area harvested in 2021 accounted for 1,465.0 million hectares, higher than the previous year with 1,442.7 million hectares due to increased demand for crop production with little microbiological and insect infestation.
- Technological change is the major driving factor for boosting agricultural productivity as arable land decreases. With higher incomes, greater knowledge, and improved communication channels, consumers in many countries demand low-cost food with high quality produced through organic methods. At the same time, the demand for food to be produced using techniques that conserve natural resources, limit environmental pressures, and pay greater attention to rural viability and animal welfare is also increasing. Therefore, governments insist on adopting new farm technologies for sustainable farming systems.
Microbial Pesticides Industry Segmentation
Microbial pesticides are a class of biopesticides composed of naturally occurring bacteria, viruses, fungi, or protozoans that target a specific problem. As a form of biological pest control, microbial pesticides are a way of using nature's own biological pest control mechanisms to protect plants from pests and diseases without using chemicals.
The microbial pesticides market is segmented based on ingredient type into bacteria-based pesticides, fungi-based pesticides, virus-based pesticides, and other ingredient types. Based on product type into microbial fungicide, microbial insecticide, and other product types. Based on application into grains and cereals, pulses and oilseeds, fruits and vegetables, and other applications, and based on geography into North America, Europe, Asia-Pacific, South America, and Africa.
The report offers the market size and forecasts for value in (USD million) for all the above segments.
| Ingredient Type | |
| Bacteria-based Pesticides | |
| Fungi-based Pesticides | |
| Virus-based Pesticides | |
| Other Ingredient Types |
| Product Type | |
| Microbial Fungicide | |
| Microbial Insecticide | |
| Other Product Types |
| Application | |
| Grains & Cereals | |
| Pulses & Oilseeds | |
| Fruits & Vegetables | |
| Other Applications |
| Geography | |||||||||
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Microbial Pesticides Market Size Summary
The microbial pesticides market is experiencing significant growth, driven by increasing concerns over the health and environmental impacts of chemical pesticides. As countries implement stricter regulations on pesticide residues, the demand for microbial pesticides is rising, particularly in integrated pest management programs that reduce reliance on synthetic alternatives without compromising crop yields. Technological advancements and the shift towards sustainable farming practices are further propelling this market, as consumers and governments alike prioritize organic and resource-conserving agricultural methods. The growing popularity of organic food, which is free from toxic chemicals and GMOs, underscores the shift in consumer preferences towards safer and higher-quality food products.
The market is characterized by a diverse range of players, from large corporations to smaller companies, all vying for a share in this expanding sector. Key companies such as Bayer CropScience AG, FMC Corporation, and Valent Biosciences Corporation are actively engaging in strategies like new product launches, partnerships, and acquisitions to strengthen their positions. Regulatory support, such as the EPA's approval of new microbial active ingredients, further bolsters market growth. The development of bioherbicides and other biological products offers promising alternatives to conventional chemical pesticides, aligning with the increasing demand for sustainable and economically viable agricultural solutions.
Microbial Pesticides Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Ingredient Type
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2.1.1 Bacteria-based Pesticides
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2.1.2 Fungi-based Pesticides
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2.1.3 Virus-based Pesticides
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2.1.4 Other Ingredient Types
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2.2 Product Type
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2.2.1 Microbial Fungicide
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2.2.2 Microbial Insecticide
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2.2.3 Other Product Types
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2.3 Application
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2.3.1 Grains & Cereals
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2.3.2 Pulses & Oilseeds
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2.3.3 Fruits & Vegetables
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2.3.4 Other Applications
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.1.4 Rest of North America
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2.4.2 Europe
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2.4.2.1 Spain
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Germany
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2.4.2.5 Russia
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2.4.2.6 Italy
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2.4.2.7 Rest of Europe
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2.4.3 Asia Pacific
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2.4.3.1 China
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2.4.3.2 India
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2.4.3.3 Japan
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2.4.3.4 Australia
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2.4.3.5 Rest of Asia Pacific
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2.4.4 South America
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2.4.4.1 Brazil
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2.4.4.2 Argentina
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2.4.4.3 Rest of South America
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2.4.5 Africa
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2.4.5.1 South Africa
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2.4.5.2 Rest of Africa
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Microbial Pesticides Market Size FAQs
How big is the Microbial Pesticides Market?
The Microbial Pesticides Market size is expected to reach USD 1.37 billion in 2024 and grow at a CAGR of 6.42% to reach USD 1.87 billion by 2029.
What is the current Microbial Pesticides Market size?
In 2024, the Microbial Pesticides Market size is expected to reach USD 1.37 billion.
