
Report ID: SQMIG15C2032
Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to biopesticides market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.
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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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Report ID: SQMIG15C2032
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