Biopesticides - Global Market Outlook (2020-2028)

According to Stratistics MRC, the Global Biopesticides Market is accounted for $2.65 billion in 2020 and is expected to reach $9.12 billion by 2028 growing at a CAGR of 16.7% during the forecast period. Increase in acceptance of organic food, high costs associated with the development of synthetic crop protection products, chemical pesticide ban, and awareness programs by government agencies are the factors driving the market growth. However, a technological limitation for the use of biological products is hampering the growth of the market.

Biopesticides are certain types of pesticides, derived from such natural materials as animals, plants, bacteria, and certain minerals. The use of biopesticide helps in maintaining a synergy between its production and preservation of the green environment. Biopesticide can be also derived from the methods like genetic integration of DNA in farming products for providing protection to crops against damage from pests. 

Based on the mode of application, the foliar spray segment is going to have lucrative growth during the forecast period as a foliar spray is widely used among farmers as it helps in the control of the pest in the infected parts of the plant and it is considered to be more effective as it provides ease in handling and is safe in application. An increase in mechanization in agriculture, such as aerial application of crop protection products through airplanes and drones, is driving the growth of the foliar spray segment in the market. By geography, North America is going to have high growth during the forecast period owing to the presence of several key biopesticide manufacturers, increased interest in green agricultural practices, high consumer demand for organic food, and concerns regarding residue levels in foods.

Some of the key players profiled in the Biopesticides Market include Vegalab, Bayer, United Phosphorus Ltd, Syngenta, Biobest Group NV, Nufarm, Koppert Biological Systems, Marrone Bio Innovations, BioWorks, Inc., Isagro, International Panaacea Limited, FMC Corporation, Certis U.S.A. LLC, Bionema Limited, Novozymes, STK bio-ag technologies, BASF, Andermatt Biocontrol and Valent BioSciences.

Types Covered:
• Bioinsecticide
• Biofungicides
• Bionematicides
• Bioherbicides
• Other Types

Formulations Covered:
• Dry
• Liquid   

Crop Timelines Covered:
• Seasonal
• Permanent 

Functions Covered:
• Parasitism
• Inhibitor
• Antibiosis
• Induced Resistance

Crop Types Covered:
• Cereals & Grains
• Macroindicators
• Fruits & Vegetables
• Oilseeds & Pulses
• Other Crop Types 

Applications Covered:
• Non-Crop-based
• Crop-based

Sources Covered:
• Biochemical
• Beneficial Insects
• Plant Incorporated Protectant/Plant Pesticide
• Predators
• Microbials
• Biorational
• Other Sources

Mode of Applications Covered:
• Soil Treatment 
• Root Treatment 
• Post-Harvest 
• On Farm Application 
• Foliar Spray 
• Seed Treatment  

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

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