Biopesticides Market Trends

Skyquest Technology's expert advisors have carried out comprehensive research on the biopesticides market to identify the major global and regional market trends and growth opportunities for leading players and new entrants in this market. The analysis is based on in-depth primary and secondary research to understand the major market drivers and restraints shaping the future development and growth of the industry.

Biopesticides Market Dynamics

Biopesticides Market Drivers

Rise of Organic Farming 

  • Organic farming has emerged in popularity across the world and this is mostly due to rising awareness regarding ill-effects of chemical use in agriculture. Evolving consumer preferences and rising health consciousness have boosted the demand for organic food products thereby uplifting biopesticides sales as well.  

Bans on Chemical Pesticides

  • Synthetic pesticides and chemical pesticides have been shown to damage environment as well as human health. This has resulted on bans on their usage across multiple countries in recent years, which in turn, is projected to favor the demand for biopesticides in the future.  

Biopesticides Market Restraints 

High Costs of Development 

  • Complexity of biopesticide development often results in high costs of the end product, which makes it inaccessible to farmers on a budget. Moreover, the availability of traditional pesticides at a much cheaper price also hampers the overall market growth potential.  

Lack of Awareness 

  • Biopesticides are relatively new in the field of agriculture, which is why not many farmers are aware of their usage benefits and this lack of awareness is projected to impede biopesticide demand outlook going forward. This factor is estimated to hinder biopesticide sales in developing and under-developed countries as awareness among farmers regarding new products  is limited. 

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FAQs

Biopesticides Market size was valued at USD 6.7 Billion in 2023 and is poised to grow from USD 7.77 Billion in 2024 to USD 25.28 Billion by 2032, growing at a CAGR of 15.9% during the forecast period (2025-2032).

Investing in the research and development of biopesticides that can repel and protect plants from a wide number of pests and diseases will be the top priority for all market players. Providing affordable biopesticides will also help biopesticides companies maximize their revenue generation potential in the long run. Companies can also launch new initiatives to promote awareness regarding the benefits of biopesticides use.  'BASF SE (Germany)  ', 'Bayer AG (Germany)  ', 'Biobest Group NV (Belgium)  ', 'Certis USA L.L.C (US)  ', 'Novozymes A/S (Denmark)  ', 'Marrone Bio innovations (US)  ', 'Syngenta AG (Switzerland)  ', 'Nufarm (Australia)  ', 'Som Phytopharma India Ltd (India)  ', 'Valent Biosciences LLC. (US)  ', 'BioWorks, Inc. (US)  ', 'STK Bio-ag (Philippines)  ', 'UPL (India)  ', 'FMC Corporation (US)  ', 'Koppert (Netherlands)  ', 'IPL Biologicals (India)  ', 'Pro Farm Group Inc. (US)  ', 'Vegalab S.A (US)  ', 'BIONEMA (Wales)  ', 'Isagro S.p.A (Italy)'

Organic farming has emerged in popularity across the world and this is mostly due to rising awareness regarding ill-effects of chemical use in agriculture. Evolving consumer preferences and rising health consciousness have boosted the demand for organic food products thereby uplifting biopesticides sales as well.  

Expansion of Pest Spectrum: Biopesticides companies can focus on developing biopesticides that can deal with a broad spectrum of pests and diseases that could harm crops. Investing in research and development will be crucial for companies to achieve the feat but, it will help them expand and secure their business potential for the long term.  

Europe takes the top spot when it comes to adoption of biopesticides on a global level. High adoption of sustainable agriculture practices is a major contributor to this region's dominance. Imposition of stringent regulations regarding use of chemicals in agriculture and supportive initiatives to promote use of biopesticides are also creating new opportunities for biopesticides companies. Italy, France, Germany, and the United Kingdom are slated to be the top markets for biopesticides companies in this region. High consumer consciousness regarding organic food will also boost biopesticides demand in Europe.

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Global Biopesticides Market
Biopesticides Market

Report ID: SQMIG15C2032

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