Biopesticides Market
Biopesticides Market
The market for Biopesticides was estimated at $7.54 billion in 2024; it is anticipated to increase to $20.0 billion by 2030, with projections indicating growth to around $45.3 billion by 2035.
Global Biopesticides Market Outlook
Revenue, 2024 (US$B)
$7.5B
Forecast, 2034 (US$B)
$38.5B
CAGR, 2024 - 2034
17.7%
Market Key Insights
- The Biopesticides market is projected to grow from $7.5 billion in 2024 to $38.5 billion in 2034. This represents a CAGR of 17.7%, reflecting rising demand across Crop Protection, Livestock Pest Control and Soil Management.
- BASF SE, Bayer CropScience AG, Certis USA LLC are among the leading players in this market, shaping its competitive landscape.
- U.S. and Brazil are the top markets within the Biopesticides market and are expected to observe the growth CAGR of 17.0% to 24.8% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and Nigeria are expected to observe highest growth with CAGR ranging between 13.3% to 18.4%.
- Transition like Shift Towards Organic Farming is expected to add $4.1 billion to the Biopesticides market growth by 2030
- The Biopesticides market is set to add $30.9 billion between 2024 and 2034, with manufacturer targeting Biofungicides & Bioherbicides Product Type projected to gain a larger market share.
- With Growing demand for food, and Regulatory support for eco-friendly alternatives, Biopesticides market to expand 410% between 2024 and 2034.
Opportunities in the Biopesticides
Governments around the world are promoting friendly farming methods to address the negative impacts of traditional pesticides on the environment fostering a shift towards biopesticides regulation that offers promising market prospects for eco conscious solutions, in agriculture sectors.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Growing Demand for Food, and Rising Awareness About Health Benefits
Restraint: High Production Costs
Opportunity: Rising Demand for Organic Farming and Advancement in Biotechnology
Challenge: Limited Shelf Life
Supply Chain Landscape
Raw Material Acquisition
Bayer Crop Science
Dow AgroSciences
Formulation & Production
Valent Biosciences
Marrone Bio Innovations
Distribution
Novozymes
Koppert
End-use & Application
Agriculture
Horticulture
Turf and Ornamental
Raw Material Acquisition
Bayer Crop Science
Dow AgroSciences
Formulation & Production
Valent Biosciences
Marrone Bio Innovations
Distribution
Novozymes
Koppert
End-use & Application
Agriculture
Horticulture
Turf and Ornamental