Market Outline:
Global Biologicals and Biopesticides is expected to provide an $ opportunity of USD 9.4 billion and expected to rise at a significant CAGR over the analysis period.
Biopesticides is the new form of pesticides market witnessing today. Earlier farmers were relied on the traditional pesticides, which were harming the much more than their benefits. In current generation, the approach towards farming making dramatic shift from traditional one to technology-enabled.
Taking Driver Seat:
Huge investment in digital tools is another factor cosmetizing the face of agroindustry. Several factors comes into play, when it comes to rising demand for the biopesticides, such as sustainable approach towards agriculture, reducing chemical burden in agriculture, rising awareness regarding harmful effects of chemical based pesticides. The chemical pesticides market is approached nearly USD 90 billion, globally in 2022. Now, there is a declining trend in the chemical based pesticides usage as sustainable approach taking driver seat.
Survey data reveals that, agricultural production yield will decline by 46-60% without the use of pesticides.
Several countries government initiatives, pushing the usage of bio-based fertilizers, which is more sustainable and benefiting to both body and soil.
Report Insights Encompasses:
- Today global pesticides market is dominated by chemical driven pesticides accounting for nearly 80-90% of total market share.
- Globally over 2,000 biopesticide based products are in the market
- Balancing approach is a necessary key for weighing pesticides interest and harms
- Biopesticides offer numerous advantages such as reducing cost and time of developments and providing sustainable approach towards farming
- In United States there are over 400 registered biopesticides. United states also accounts for highest share in the global market
- In China there are over 500 registered biopesticides highest among the world
- Country-level initiative: central and local governments in China laid out chart for zero growth policy in chemical pesticides
- 1/3rd of total global population would be demanding organic based food by 2030
- Biopesticides going to impact over USD 350 billion worth business
- United sates and Europe are expected to occupies the largest share in the market due to organic food demand.
- Report investigated
Report Provides a comprehensive outlook w.r.t. below pointers:
- Biopesticides use impact analysis
- Total Production in (MT)
- Biopesticides share in total pesticides market
- Registered biopesticide across the market
- Use Case Analysis
- Key Crops Suitable for Biopesticides
- Cost-benefit Assessment
- Regulatory Assessment for its usage
- Expected Demand Generation
- Impact on Productivity
- Key Players
- Investment Analysis
- Industry Experts Opinion on its Adoption
- Emerging trends
- Potential Disruptors
- Opportunities shaping the future of Biologicals and Biopesticides over the forecast period
- Strategic recommendations for industry stakeholders.
Market Drivers Explored in the Report:
- Rising demand for organic food
- Growing awareness regarding sustainable food development
- Reducing agriculture related expenses
- Strict regulation against conventional pesticides
- Growing technological advancements and product innovation
Market Challenges Explored in the Report:
- Low efficacy in comparison with chemical pesticides: Chemical based pesticides are still offering high efficacy than novel biopesticides, thus their usage still need more validation studies before gaining momentum in the market. Our finding reveals that, large number of farmers still rely on conventional pesticides due to lack of suffice knowledge and applications of biopesticides
- Confined spectrum of coverage
- Market access and regulatory adherence
- Lack of market penetration
Market Segmentation Analysis by Value (USD Million), Forecast Assessment 2022-2036:
- By Type (USD Million), Forecast Assessment 2022-2036:
- Microbial Pesticides
- Bacteria-based
- Virus-based
- Fungi-based
- Others
- Plant-Incorporated Protectants (PIPs)
- Genetically modified plants (GMO)
- Organisms
- Biochemical Pesticides
- Pheromones
- Semi chemicals
- Plant extracts
- Natural Insect Growth Regulators
- Other
- By Crop Type Value (USD Million), Forecast Assessment 2022-2036:
- Fruits
- Vegetables
- Grains and Pulses
- Nuts and Oilseeds
- Herbs and Spices
- Greenhouse Crops
- Organic and Sustainable Agriculture
- Others
Geographical Mapping, Value (USD Million), Forecast Assessment 2022-2036:
Global Biologicals and Biopesticides Market Assessment
- Market Size and Forecast by Value (USD million)
- Total Production in (MT)
- Biopesticides share in total pesticides market
- Registered biopesticide across the market
- Market Dynamics and Trends
- Use Case Analysis
- End User Assessment
- Technological Impact Analysis
- Regulatory Assessment
North America Biologicals and Biopesticides Market Assessment
- Market Size and Forecast by Value (USD million)
- Total Production in (MT)
- Biopesticides share in total pesticides market
- Registered biopesticide across the market
- Market Dynamics and Trends
- Use Case Analysis
- End User Assessment
- Technological Impact Analysis
- Regulatory Assessment
- By Country
- United States
- Canada
Europe Biologicals and Biopesticides Market Assessment
- Market Size and Forecast by Value (USD million)
- Total Production in (MT)
- Biopesticides share in total pesticides market
- Registered biopesticide across the market
- Market Dynamics and Trends
- Use Case Analysis
- End User Assessment
- Technological Impact Analysis
- Regulatory Assessment
- By Country
- Germany
- United Kingdom
- France
- Italy
- Spain
- Rest of Europe
Asia Pacific Biologicals and Biopesticides Market Assessment
- Market Size and Forecast by Value (USD million)
- Total Production in (MT)
- Biopesticides share in total pesticides market
- Registered biopesticide across the market
- Market Dynamics and Trends
- Use Case Analysis
- End User Assessment
- Technological Impact Analysis
- Regulatory Assessment
- By Country
- China
- India
- Japan
- South Korea
- Rest of APAC
Rest of World Biologicals and Biopesticides Market Assessment
- Market Size and Forecast by Value (USD million)
- Total Production in (MT)
- Biopesticides share in total pesticides market
- Registered biopesticide across the market
- Market Dynamics and Trends
- Use Case Analysis
- End User Assessment
- Technological Impact Analysis
- Regulatory Assessment
- By Country
- Brazil
- Mexico
- GCC
- Israel
Competitive Landscape:
- Syngenta Crop Protection
- Bayer CropScience
- BASF Agricultural Solutions
- Certis USA
- Marrone Bio Innovations (MBI)
- Bioworks, Inc.
- Koppert Biological Systems
- Novozymes Biologicals
- Isagro S.p.A.
- Valent BioSciences Corporation
- Sumitomo Chemical
- AgBiTech
- Other major players
