What Has Been The Historical and Current Growth of The Biopesticides Market?
The Biopesticides Market has seen noticeable growth in recent years, with:
• An increase from $7.35 billion in 2024 to $8.75 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 19.0%.
This robust growth can be largely attributed to heightened awareness about the health and environmental impacts of chemical pesticides, the growth of organic farming, stricter government regulations, investments in research and development, and a rise in disposable income.
What Is The Forecasted Growth of The Biopesticides Market?
The biopesticides market is predicted to experience fast-paced growth in the coming years.
• The market is projected to grow to $17.21 billion in 2029, marking a CAGR of 18.4%.
The expected growth can be largely attributed to the expansion of the agriculture sector, a growing global population, increasing demand for hygiene and quality food, and economic growth. The market is expected to witness emerging trends like the adoption of precision agriculture, digital technologies, and strategic market consolidation and partnerships.
What Are The Key Growth Drivers of The Biopesticides Market?
One of the leading drivers propelling the biopesticides market forward is the rising demand for organic food. During the COVID-19 pandemic, organic food demand surged as consumers sought healthier options to boost their immunity. Biopesticides, made from toxins found in living organisms that are harmful to pests but not harmful to the plants themselves, reduce soil pollution and erosion. This makes them a popular choice in organic crop production. For instance, the Organic Trade Association reported that organic food sales in the U.S. broke through $60 billion for the first time in 2022, reaching a new high mark for the resilient organic sector, further emphasizing the key role this factor plays in driving the biopesticides market.
How Is The Biopesticides Market Segmented?
The biopesticides market covered in this report is segmented by:
1) By Type: Bioinsecticides, Biofungicides, Bionematicides, Bioherbicides, Other Types
2) By Source: Microbials, Biochemicals, Beneficial insects
3) By Formulation: Liquid Formulation, Dry Formulation
4) By Mode Of Application: Seed Treatment, Soil Treatment, Foliar Spray, Other Mode Of Applications
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What Trends Are Shaping The Biopesticides Market?
Technological advancement has emerged as a key trend in the biopesticides market. Companies are developing new bacterial strains for biological control of pests and plant diseases. For example, in September 2023, UK-based chemical company Croda launched Atlox™ BS-50, designed for spore-forming microbes and adhereing to key performance standards. It addresses the growing demand for eco-friendly agricultural solutions as biopesticides derived from natural sources become increasingly popular in sustainable farming practices.
Who Are The Major Players In The Biopesticides Market?
Notable players in the biopesticides market include:
• BASF SE
• Syngenta AG
• Bayer AG
• Marrone Bio Innovations Inc.
• Novozymes A/S
• Koppert B.V.
• FMC Corporation
• International Panaacea Limited
• Som Phytopharma India Limited
• BioWorks Inc.
What Are The Regional Insights Into The Biopesticides Market?
In 2024, North America was the largest region in the biopesticides market. However, Asia-Pacific is expected to be the fastest-growing region in the market. Other regions covered in the biopesticides market report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
