Biopesticides Market Expected to Witness a Sustainable Growth over 2027
The Global Biopesticides Market is projected to reach a value of over USD 13.5 billion exhibiting a CAGR of around 14% by the end of 2027.
Biopesticides are derived naturally from animals, plants, bacteria, and certain minerals. They tend to pose fewer risks than conventional chemicals and can be effective in small quantities. They break down more quickly thus creating less pollution.
According to the US Environmental Protection Agency, as of April 2016, there are 299 registered biopesticide active ingredients and 1,401 active biopesticide product registrations.
Biopesticides Market: Drivers & Challenges
Market Driver:
Benefits Associated with the Use of Biopesticides
Biopesticides offer a wide range of benefits over chemical pesticides. These pesticides are usually inherently less toxic than conventional pesticides. They are often effective in extremely small quantities and decompose quickly, thus resulting in lower exposures and pollution. Unlike chemical pesticides which affect non-targeted organisms such as birds, insects & mammals, biopesticides affect only target pest. Additionally, biopesticides are biodegradable and can be cost-effective as well.
Moreover, consumer preference towards the organically grown food items on account of the efforts to live a healthy life is expected to propel the demand for biopesticides during the review period.
All such benefits offered by the use of biopesticides is a major driver of the global biopesticides market.
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Use of Biopesticides in Integrated Pest Management (IPM)
Biopesticides are used as an important component of IPM, which is an approach to crop production and protection that combines different management strategies and practices to grow healthy crops and minimize the use of pesticides. With low toxicity, biopesticides are compatible with the use of classical biological control agents such as predatory mites and lady beetles. IPM programs include rotation of biopesticides with conventional chemical pesticides, which can reduce reliance on single chemistries and delay the development of resistance within pest populations.
Therefore, increasing the use of Integrated Pest Management (IPM) systems for crop production is expected to fuel the product demand.
Market Restraint:
Short Product Lifecycle of Biopesticides
Biopesticides are exposed to detrimental environmental conditions when applied in the field, including sunlight (UV), fluctuating moisture conditions, plant physiological and biochemical responses and competition by microorganisms already present on the leaf surface. These conditions may lead to shorter persistence of the biopesticides.
Improper storage conditions result in deterioration of biopesticides such as caking of powders, sedimentation or gelling of liquids and discoloration through oxidation.
Biopesticides Market: Key Segments
- Segmentation based on product: Bioherbicides, Bioinsecticides, Biofungicides, and Others.
- Segmentation based on type: Biochemical, Microbial, and Plant-Incorporated-Protectants.
- Segmentation based on formulation: Liquid and Dry.
- Segmentation based on the mode of application: Foliar Spray, Seed Treatment, Soil Treatment, and Post-harvest.
- Segmentation based on crop type: Cereals & Grains, Fruits & Vegetables, Oilseeds, and Others.
- Segmentation based on region covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.
Biopesticides Market: Report Scope
The report on the biopesticides market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
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List of the leading companies operating in the Biopesticides Market include:
- BASF SE (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- Syngenta
- UPL
- FMC Corporation
- Isagro Group
- Valent BioSciences LLC
- Certis USA L.L.C.
- Koppert Biological Systems
- BioWorks Inc.
- Biological Products Industry Alliance
- Marrone Bio Innovations
- Andermatt Biocontrol AG
- Other Key Companies
Biopesticides Market: Report Segmentation
For the scope of the report, In-depth segmentation is offered by Forencis Research
Biopesticides Market, by Product
- Bioherbicides
- Bioinsecticides
- Biofungicides
- Others
Biopesticides Market, by Type
- Biochemical
- Microbial
- Plant-Incorporated-Protectants
Biopesticides Market, by Formulation
- Dry
- Liquid
Biopesticides Market, by Mode of Application
- Foliar Spray
- Seed Treatment
- Soil Treatment
- Post-harvest
Biopesticides Market, by Crop Type
- Cereals & Grains
- Fruits & Vegetables
- Oilseeds
- Others
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Biopesticides Market by Region
- Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
- North America (US, Canada, Mexico)
- Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
- Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
- South America (Brazil, Argentina, Rest of South America)
Key Questions answered by the report
- What are the prominent developments affecting the market worldwide and its growth?
- What will be the impact of the developments in the market on the industry and on the market players in the future?
- What are the evolving variations of the market globally?
- What are the evolving functions of the market globally?
- What are the prominent aspects that will affect market growth globally during the study period?
- Who are the key players operating in the market across the globe?
- How are the key players leveraging in the present market scenario worldwide?
Table of Content
1 INTRODUCTION. 17
1.1 RESEARCH OBJECTIVES.. 17
1.2 MARKET DEFINITION.. 17
1.3 RESEARCH SCOPE.. 18
1.4 MARKET SEGMENTATION.. 19
1.5 REGIONAL COVERAGE.. 19
1.6 ASSUMPTIONS.. 20
2 RESEARCH METHODOLOGY. 21
2.1 INTRODUCTION.. 21
2.2 DATA MINING.. 22
2.3 SECONDARY RESEARCH.. 22
2.4 PRIMARY RESEARCH.. 22
2.5 FORECASTING TECHNIQUES.. 23
2.6 MARKET SIZE ESTIMATION.. 24
2.7 DATA VALIDATION AND TRIANGULATION.. 26
3 EXECUTIVE SUMMARY. 27
4 MARKET DYNAMICS. 33
4.1 INTRODUCTION.. 33
4.2 DRIVERS.. 34
4.2.1 BENEFITS ASSOCIATED WITH THE USE OF BIOPESTICIDES. 34
4.2.2 USE OF BIOPESTICIDES IN INTEGRATED PEST MANAGEMENT (IPM) 35
4.3 RESTRAINT. 35
4.3.1 SHORT PRODUCT SHELF LIFE OF BIOPESTICIDES. 35
4.4 OPPORTUNITIES.. 35
4.4.1 OPPORTUNITIES IN EMERGING ECONOMIES OF ASIA-PACIFIC AND SOUTH AMERICA. 35
4.5 CHALLENGE.. 37
4.5.1 PREFERENCE FOR CHEMICAL PESTICIDES AMONG FARMERS. 37
5 INDUSTRY TREND– PORTERS FIVE FORCE ANALYSIS. 38
5.1 INTRODUCTION.. 38
5.1.1 BARGAINING POWER OF BUYERS (HIGH) 38
5.1.2 BARGAINING POWER OF SUPPLIERS (LOW) 39
5.1.3 INTENSITY OF COMPETITION (MODERATE TO HIGH) 39
5.1.4 THREAT OF SUBSTITUTES (HIGH) 39
5.1.5 THREAT OF NEW ENTRANTS (MODERATE TO HIGH) 39
6 GLOBAL BIOPESTICIDES MARKET, BY PRODUCT. 40
6.1 INTRODUCTION.. 40
6.2 BIOINSECTICIDES.. 41
6.3 BIOFUNGICIDES.. 42
6.4 BIOHERBICIDES.. 42
6.5 OTHERS.. 43
7 GLOBAL BIOPESTICIDES MARKET, BY TYPE. 45
7.1 INTRODUCTION.. 45
7.2 MICROBIAL. 46
7.3 BIOCHEMICAL. 47
7.4 PLANT-INCORPORATED-PROTECTANTS. 47
8 GLOBAL BIOPESTICIDES MARKET, BY FORMULATION. 49
8.1 INTRODUCTION.. 49
8.2 LIQUID.. 50
8.3 DRY.. 51
9 GLOBAL BIOPESTICIDES MARKET, BY MODE OF APPLICATION. 52
9.1 INTRODUCTION.. 52
9.2 FOLIAR SPRAY.. 53
9.3 SEED TREATMENT. 54
9.4 SOIL TREATMENT. 55
9.5 POST-HARVEST. 56
10 GLOBAL BIOPESTICIDES MARKET, BY CROP TYPE. 57
10.1 INTRODUCTION.. 57
10.2 FRUITS & VEGETABLES.. 58
10.3 CEREALS & GRAINS.. 59
10.4 OIL SEEDS.. 60
10.5 OTHERS.. 60
11 GLOBAL BIOPESTICIDES MARKET, BY REGION. 62
11.1 INTRODUCTION.. 62
11.2 NORTH AMERICA.. 64
11.2.1 US. 67
11.2.2 CANADA. 69
11.2.3 MEXICO.. 70
11.3 EUROPE.. 73
11.3.1 GERMANY. 76
11.3.2 FRANCE. 78
11.3.3 UK. 80
11.3.4 ITALY. 81
11.3.5 RUSSIA. 83
11.3.6 REST OF EUROPE. 85
11.4 ASIA-PACIFIC.. 87
11.4.1 CHINA. 90
11.4.2 INDIA. 92
11.4.3 JAPAN. 93
11.4.4 SOUTH KOREA. 95
11.4.5 REST OF ASIA-PACIFIC. 97
11.5 SOUTH AMERICA.. 99
11.5.1 BRAZIL. 102
11.5.2 ARGENTINA. 103
11.5.3 REST OF SOUTH AMERICA. 105
11.6 MIDDLE EAST & AFRICA.. 107
11.6.1 EGYPT. 109
11.6.2 SAUDI ARABIA. 111
11.6.3 UAE. 113
11.6.4 REST OF MIDDLE EAST & AFRICA. 114
12 COMPETITIVE LANDSCAPE. 117
12.1 INTRODUCTION. 117
12.2 COMPANY BENCHMARKING.. 118
12.3 KEY DEVELOPMENTS.. 119
12.3.1 MERGERS & ACQUISITIONS. 119
12.3.2 NEW PRODUCT LAUNCH. 119
12.3.3 COLLABORATION & EXPANSION. 121
12.3.4 INVESTMENT, APPROVAL, AND AWARD.. 123
12.3.5 DIVERSION. 124
13 COMPANY PROFILES. 125
13.1 BASF SE.. 125
13.1.1 COMPANY OVERVIEW.. 125
13.1.2 FINANCIAL OVERVIEW.. 125
13.1.3 PRODUCTS OFFERED.. 126
13.1.4 KEY DEVELOPMENTS. 126
13.1.5 SWOT ANALYSIS. 127
13.2 SYNGENTA.. 128
13.2.1 COMPANY OVERVIEW.. 128
13.2.2 FINANCIAL OVERVIEW.. 128
13.2.3 PRODUCTS OFFERED.. 129
13.2.4 KEY DEVELOPMENTS. 129
13.2.5 SWOT ANALYSIS. 129
13.3 UPL. 130
13.3.1 COMPANY OVERVIEW.. 130
13.3.2 FINANCIAL OVERVIEW.. 130
13.3.3 PRODUCTS OFFERED.. 131
13.3.4 KEY DEVELOPMENTS. 131
13.3.5 SWOT ANALYSIS. 132
13.4 FMC CORPORATION.. 133
13.4.1 COMPANY OVERVIEW.. 133
13.4.2 FINANCIAL OVERVIEW.. 133
13.4.3 PRODUCTS OFFERED.. 134
13.4.4 KEY DEVELOPMENTS. 134
13.4.5 SWOT ANALYSIS. 135
13.5 ISAGRO S.P.A. 136
13.5.1 COMPANY OVERVIEW.. 136
13.5.2 FINANCIAL OVERVIEW.. 136
13.5.3 PRODUCTS OFFERED.. 137
13.5.4 KEY DEVELOPMENTS. 137
13.5.5 SWOT ANALYSIS. 138
13.6 VALENT BIOSCIENCES LLC.. 139
13.6.1 COMPANY OVERVIEW.. 139
13.6.2 FINANCIAL OVERVIEW.. 139
13.6.3 PRODUCTS OFFERED.. 139
13.6.4 KEY DEVELOPMENTS. 139
13.6.5 SWOT ANALYSIS. 140
13.7 CERTIS USA L.L.C. 141
13.7.1 COMPANY OVERVIEW.. 141
13.7.2 FINANCIAL OVERVIEW.. 141
13.7.3 PRODUCTS OFFERED.. 141
13.7.4 KEY DEVELOPMENTS. 142
13.7.5 SWOT ANALYSIS. 143
13.8 KOPPERT BIOLOGICAL SYSTEMS.. 144
13.8.1 COMPANY OVERVIEW.. 144
13.8.2 FINANCIAL OVERVIEW.. 144
13.8.3 PRODUCTS OFFERED.. 144
13.8.4 KEY DEVELOPMENTS. 144
13.8.5 SWOT ANALYSIS. 145
13.9 BIOWORKS INC. 146
13.9.1 COMPANY OVERVIEW.. 146
13.9.2 FINANCIAL OVERVIEW.. 146
13.9.3 PRODUCTS OFFERED.. 146
13.9.4 KEY DEVELOPMENTS. 147
13.9.5 SWOT ANALYSIS. 147
13.10 BAYER AG.. 148
13.10.1 COMPANY OVERVIEW.. 148
13.10.2 FINANCIAL OVERVIEW.. 148
13.10.3 PRODUCTS OFFERED.. 149
13.10.4 KEY DEVELOPMENTS. 149
13.10.5 SWOT ANALYSIS. 150
13.11 MARRONE BIO INNOVATIONS.. 151
13.11.1 COMPANY OVERVIEW.. 151
13.11.2 FINANCIAL OVERVIEW.. 151
13.11.3 PRODUCTS OFFERED.. 152
13.11.4 KEY DEVELOPMENTS. 152
13.11.5 SWOT ANALYSIS. 153
13.12 ANDERMATT BIOCONTROL AG. 154
13.12.1 COMPANY OVERVIEW. 154
13.12.2 FINANCIAL OVERVIEW. 154
13.12.3 PRODUCTS OFFERED. 154
13.12.4 KEY DEVELOPMENTS. 155
13.12.5 SWOT ANALYSIS. 156
14 APPENDIX. 157
14.1 DISCUSSION GUIDE- GLOBAL BIOPESTICIDES MARKET. 157
14.2 MARKET DEFINITION.. 157
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