Global Microbial Pesticides Market Size By Type (Microbial Insecticides, Microbial Fungicides), By Application (Cereals and Pulses, Fruits and Vegetables), By Region, And Segment Forecasts, 2023 to 20...

Report Id: 20823 | Published Date: Nov 2024 | No. of Pages: | Base Year for Estimate: Nov 2024 | Format:


The Global Microbial Pesticides Market was valued at USD 2.8 billion in 2023 and is expected to grow to USD 5.6 billion by 2031, registering a robust CAGR of 9.0% over the forecast period of 2023–2031. Microbial pesticides, derived from microorganisms like bacteria, fungi, viruses, and protozoa, are increasingly adopted due to their environmentally friendly profile, effectiveness against specific pests, and minimal impact on non-target species. As sustainable agricultural practices gain traction worldwide, microbial pesticides are being adopted as viable alternatives to synthetic pesticides, promoting both crop health and ecological balance.

Drivers

Growing Demand for Sustainable Agriculture: The rising global awareness of environmental impacts and food safety is steering farmers and agricultural entities toward microbial pesticides, which reduce chemical residues in crops and are safer for ecosystems.

Regulatory Support for Biopesticides: Many governments and regulatory bodies worldwide are supporting the adoption of biopesticides, including microbial pesticides, by streamlining approval processes and promoting organic farming practices.

Increasing Pest Resistance to Synthetic Pesticides: The overuse of synthetic pesticides has led to pest resistance, creating an urgent need for alternative solutions, such as microbial pesticides, which offer effective pest control without contributing to resistance.

Restraints

High Production Costs: The production process for microbial pesticides is often more complex and costly than that of conventional pesticides, limiting their market penetration, especially in cost-sensitive regions.

Lack of Awareness Among Farmers: In certain regions, farmers are less aware of the advantages and application methods for microbial pesticides, which restricts market growth and adoption.

Opportunity

Expansion in Emerging Markets: Emerging economies in Asia-Pacific and Latin America present lucrative opportunities as awareness of sustainable agricultural practices grows. The rising adoption of organic farming methods is expected to create demand for microbial pesticides in these regions.

Market by System Type Insights

In 2023, the Bacterial Pesticides segment led the market, driven by the efficacy of bacterial pesticides like Bacillus thuringiensis (Bt) in controlling pests across multiple crops. This segment is anticipated to grow steadily as technological advancements make bacterial pesticides more accessible and reliable for farmers.

Market by End-use Insights

The Agriculture sector held the largest share in 2023, contributing over 50% to the global market revenue. Microbial pesticides in agriculture are used extensively for pest control in food crops and horticulture, promoting sustainable farming practices. With increased adoption of organic farming and sustainable pest management practices, this sector is expected to maintain dominance through the forecast period.

Market by Regional Insights

North America held the largest market share in 2023, driven by high regulatory support, extensive adoption of organic farming, and a well-developed market for sustainable agriculture. However, Asia-Pacific is expected to witness the highest CAGR during the forecast period, fueled by rapid agricultural advancements, increasing awareness, and government incentives promoting organic farming practices.

Competitive Scenario

Key players in the Global Microbial Pesticides Market include Marrone Bio Innovations, Bayer AG, Syngenta AG, Corteva Agriscience, and BASF SE. These companies are focusing on expanding their product portfolios, investing in R&D for innovative microbial solutions, and forming strategic partnerships to enhance their market presence. Recent developments include Bayer's expansion of its bio-based product line and Marrone Bio Innovations' launch of a new strain-specific microbial pesticide targeted at organic farmers.

Scope of Work – Global Microbial Pesticides Market

Report Metric

Details

Market Size (2023)

USD 2.8 billion

Projected Market Size (2031)

USD 5.6 billion

CAGR (2023-2031)

9.0%

Key Segments by System Type

Bacterial Pesticides, Fungal Pesticides, Viral Pesticides

Key Segments by End-Use

Agriculture, Horticulture, Lawn & Garden

Leading Region

North America

Key Players

Marrone Bio Innovations, Bayer AG, Syngenta AG, Corteva Agriscience, BASF SE

Market Drivers

Growing demand for sustainable agriculture, regulatory support, increasing pest resistance

Market Opportunities

Expansion in emerging markets

Key Market Developments

2023: Bayer AG expanded its microbial pesticide offerings to include targeted pest solutions for organic farming in North America.

2024: Marrone Bio Innovations launched a new microbial pesticide product in the U.S., focusing on environmentally safe pest management for fruit and vegetable crops.

2025: Syngenta AG entered a joint venture to advance microbial pesticide research, particularly aimed at soil health improvements and pest resistance management.

FAQs

What is the current market size of the Global Microbial Pesticides Market?

The market size of the Global Microbial Pesticides Market is USD 2.8 billion as of 2023.

What is the major growth driver of the Global Microbial Pesticides Market?

The primary growth driver is the increasing demand for sustainable agriculture, with regulatory support promoting eco-friendly pest control options.

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

North America holds the largest market share due to high adoption rates and regulatory support; however, Asia-Pacific is expected to grow the fastest.

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

The Bacterial Pesticides segment led the market in 2023, driven by their broad application across various crops.

Who are the key market players in the Global Microbial Pesticides Market?

Major players include Marrone Bio Innovations, Bayer AG, Syngenta AG, Corteva Agriscience, and BASF SE. 

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