The biopesticides market is projected to reach USD 15.66 billion by 2033, up from USD 6.87 billion in 2023, with an anticipated compound annual growth rate (CAGR) of 16.25% from 2023 to 2033. This market segment within the agricultural industry focuses on eco-friendly pest management solutions derived from natural sources such as animals, plants, bacteria, and certain minerals. Unlike traditional chemical pesticides, biopesticides offer a reduced environmental impact and lower risks to human health. They are increasingly used in integrated pest management strategies due to their effectiveness against pests and diseases while preserving ecosystem balance. The market includes various types of biopesticides, such as microbial pesticides, plant-incorporated protectants, and biochemical pesticides. The growing consumer demand for organic and sustainable agricultural practices has driven the global expansion of this market, with North America, Europe, and Asia-Pacific being key regions for biopesticide adoption.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Source (Microbials, Biochemical, Beneficial Insects, Others)
By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others)
By Application (Foliar Spray, Soil Treatment, Seed Treatment, Others)
By Type (Bioinsecticide, Bio fungicides, Bio nematicides, Bioherbicides, Others)
Key players
BAYER
Syngenta
UPL Limited
FMC Corporation
Nufarm
Koppert Biological Systems
Biobest Group
Andermatt Biocontrol
Bionema
Certis
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