Global Biopesticide Market Size By Type (Microbial Pesticides, Biochemical Pesticides), By Application (Insect Control, Weed Control), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 35887 | Published Date: Jun 2023 | No. of Pages: | Base Year for Estimate: Jun 2023 | Format:


The Global Biopesticide Market, valued at USD 6.8 billion in 2023, is projected to surpass USD 14.7 billion by 2031, growing at a CAGR of 10.1% from 2023 to 2031. The surge in organic farming practices, demand for sustainable pest management solutions, and rising awareness about the environmental impact of synthetic pesticides are major growth drivers. Biopesticides, derived from natural organisms or substances, offer a safer alternative to conventional pesticides, aligning with increasing regulatory support for eco-friendly agricultural solutions worldwide.

Drivers

Growing Demand for Organic Farming: The expansion of organic farming practices worldwide fuels the demand for biopesticides as these products comply with organic standards and are eco-friendly.

Stringent Regulations on Synthetic Pesticides: Increasing regulatory pressures to reduce chemical pesticide use are driving the adoption of biopesticides.

Advancements in Biotechnology: The development of new strains of biopesticides through biotechnological innovation enhances effectiveness, providing a competitive edge over chemical pesticides.

Restraints

Limited Shelf Life and Stability: Biopesticides often have shorter shelf lives, affecting their commercial scalability.

High Production Costs: The high cost of biopesticide development and limited economies of scale impact affordability and adoption.

Opportunity

Expansion in Emerging Markets: Rapid urbanization and rising environmental awareness in emerging economies like India, Brazil, and China create significant opportunities.

Integration with Precision Agriculture: Using biopesticides in precision agriculture, supported by AI and IoT, enhances application efficiency, creating new market avenues.

Market by Type Insights

The Bioinsecticides segment holds the largest share in 2023, driven by rising pest resistance to chemical insecticides and the growing demand for organic crop protection solutions. The Bioherbicides segment is anticipated to witness the fastest growth due to increasing weed resistance to synthetic herbicides and regulatory support for eco-friendly alternatives.

Market by Application Insights

The Agricultural Crops segment is the dominant end-use segment, supported by the expansion of organic farming and sustainable agricultural practices. The Seed Treatment segment is also projected to grow significantly as biopesticides become increasingly preferred for protecting seeds from pathogens and pests without environmental contamination.

Market by Regional Insights

North America leads the biopesticide market, driven by substantial investments in sustainable agriculture, high consumer demand for organic products, and favorable government policies. Asia-Pacific is anticipated to grow at the highest CAGR, as countries in this region rapidly adopt biopesticides due to increased awareness and government support for sustainable agriculture practices.

Competitive Scenario

Key players in the Global Biopesticide Market include Bayer CropScience AG, Syngenta AG, BASF SE, Marrone Bio Innovations, Valent BioSciences Corporation, and Certis USA LLC. These companies focus on developing innovative, effective biopesticides and expanding their market presence through strategic partnerships, mergers, and acquisitions. Recent developments include BASF SE’s new biopesticide formulations for pest management and Bayer’s expansion of its biopesticide portfolio through acquisitions.

Scope of Work – Global Biopesticide Market

Report Metric

Details

Market Size (2023)

USD 6.8 billion

Projected Market Size (2031)

USD 14.7 billion

CAGR (2023-2031)

10.1%

Key Segments Covered

Type, Application, Region

Largest Segment by Type

Bioinsecticides

Leading Segment by Application

Agricultural Crops

Key Regions Covered

North America, Europe, Asia-Pacific, Latin America, MEA

Major Players

Bayer CropScience, Syngenta, BASF SE, Valent BioSciences

Market Drivers

Organic farming demand, regulatory shifts

Market Opportunities

Emerging markets expansion, precision agriculture adoption

Key Market Developments

2023: BASF SE introduced a new line of biopesticides designed to address resistance issues and reduce environmental impact in North America and Europe.

2024: Syngenta AG launched a biopesticide seed treatment to enhance crop protection in tropical climates, focusing on corn and soybean crops.

2025: Bayer CropScience acquired a leading biopesticide firm to bolster its sustainable product portfolio for the global agriculture market.

FAQs

What is the current market size of the Global Biopesticide Market?

The market is valued at USD 6.8 billion in 2023.

What is the major growth driver of the Global Biopesticide Market?

The primary driver is the increasing demand for organic farming practices and eco-friendly pest management solutions.

Which is the largest region during the forecast period in the Global Biopesticide Market?

North America leads the market, driven by strong consumer demand for organic products and favorable regulatory support.

Which segment accounted for the largest market share in the Global Biopesticide Market?

The Bioinsecticides segment holds the largest market share in 2023.

Who are the key market players in the Global Biopesticide Market?

Major players include Bayer CropScience, Syngenta, BASF SE, Valent BioSciences, and Certis USA LLC. 

Download Sample Report

Speak with an analyst to get exclusive insights tailored to your needs