Biopesticides Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
Market Report I 2023-01-23 I 120 Pages I Mordor Intelligence
The biopesticides market is expected to register a CAGR of 15.1% during the forecast period (2022-2027). The COVID-19 pandemic impacted the whole process from biopesticide production to the consumer. The pandemic resulted in the restriction of movement, a decline in demand from farmers, and the closure of production facilities. The industry also suffered severe labor shortages due to repeated lockdowns that affected the production and trade movements. The decline in business for a few initial months in 2020, coupled with lower demand from a few major markets, has put pressure on the profitability of biopesticides manufacturers and vendors. Africa is expected to witness the fastest growth in the forecast period. The United States is likely to be the largest individual market over the forecast period.
While the prevalence of chemical or synthetic pesticides in crop protection continues, humans, animals, and environmental health concerns play key roles in driving the growth of biopesticides.
Several countries are adopting a stringent approach concerning the number of imports, focusing on regulating the number of pesticide residues. Increasing acreage under grains, cereals, and oilseeds would play a major role in pushing the volume consumption of biopesticides in the United States. Although the consumption of biopesticides for grains and cereals is the largest, the growth of oilseed applications is likely to be the fastest due to the growing demand for oilseed-based products.
Emerging economies in Asia-Pacific are likely to take the lead in adopting biopesticides. Bayer CropScience LLC, Syngenta AG, BASF SE, and Sumitomo Chemicals Co Ltd are the leading players in the business. Due to the growing demand for food safety and quality, biopesticides are gaining popularity over their synthetic counterparts. However, low specificity on target pests and higher cost of biopesticides are factors expected to constrain the market.
Biopesticides Market Trends
Increasing Organic Land and Adaptation of New Faming Technologies
Over the past two decades, a growing movement for sustainable agriculture emerged, promoting practices that reduce social and environmental concerns over agricultural practices. The increasing adaptation of new farm technologies led to safer field applications of products like biopesticides. Sustainable farming support and acceptance within mainstream agriculture drive the farmers toward minimizing the use of chemical pesticides, thereby saving costs, productivity, and the environment.
Biopesticides in sustainable agriculture address several environmental and social concerns and offer innovative and economically viable opportunities for growers, laborers, and consumers. This is one of the major drivers for the biopesticides market's growth. There is growing consumer demand for organic food instead of conventional food to avoid adverse health effects caused by chemical preservatives, shifting growers toward organic cultivation that uses biopesticides instead of chemicals. Increased concern about the environment has paved the way for the use of bio-based pesticides. According to the Research Institute of Organic Agriculture (FiBL) statistics, the organic area in Europe increased from 14.4 million hectares in 2017 to 17.1 million hectares in 2020.
To promote the use of biopesticides, countries have also simplified the requirement for the registration of biopesticides. These countries are also providing grants for R&D and production unit setups. In May 2020, the EU proposed a plan to reduce the usage of 505 chemical pesticides in the future and increase the usage of biopesticides, which may drive the market for biopesticides in the European Union during the forecast period. All these activities are creating an opportunity to develop the biopesticide market globally.
North America Dominates the Global Market
The demand for biopesticides in North America is driven by factors, including the increased interest in green agricultural practices and the loss of many conventional products to reregistration and/or performance issues. More than 60 companies are developing and/or selling biopesticide products today in the United States alone. Product development has also driven up the demand for biopesticides.
At present, more and better biological active ingredients and products are available that can compete and complement conventional chemical pesticides. The United States had over 420 registered biopesticides. As of 2018, nearly 13 active PIP active ingredients were registered for corn, 9 for cotton, and 5 for soybean. Organizations like BPIA, EPA, and many others are developing biopesticides for the majority of the pests in North America.
Canada is another potential market for biopesticides and their regulation, with strong R&D, registration, and advancement as inherently risk-reduced pesticides. Currently, there are more than 200 registered biopesticide products in Canada, with microbial being the largest category of all other kinds. Biofungicide and bioinsecticide cover the majority of the North American biopesticides market.
Biopesticides Market Competitor Analysis
The global biopesticides market is concentrated and highly dominated by international players, including Bayer CropScience LLC, Syngenta AG, BASF SE, and Sumitomo Chemical Co. Ltd. In the global biopesticide market, companies are not only competing based on product quality and promotion but are also focused on strategic moves to hold larger market shares. New product launches, partnerships, and acquisitions are major strategies adopted by the leading companies in the global biopesticide market.
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 Product
5.1.1 Bioherbicide
5.1.2 Bioinsecticide
5.1.3 Biofungicide
5.1.4 Other Products
5.2 Formulation
5.2.1 Liquid Formulation
5.2.2 Dry Formulation
5.3 Ingredient
5.3.1 Microbial Pesticide
5.3.2 Plant Pesticide
5.3.3 Biochemical Pesticide
5.3.4 Other Ingredients
5.4 Mode of Application
5.4.1 Foliar Spray
5.4.2 Seed Treatment
5.4.3 Soil Treatment
5.4.4 Post-harvest
5.5 Application
5.5.1 Crop-based
5.5.2 Non-crop-based
5.6 Geography
5.6.1 North America
5.6.1.1 United States
5.6.1.2 Canada
5.6.1.3 Mexico
5.6.1.4 Rest of North America
5.6.2 Europe
5.6.2.1 Germany
5.6.2.2 United Kingdom
5.6.2.3 France
5.6.2.4 Spain
5.6.2.5 Italy
5.6.2.6 Russia
5.6.2.7 Rest of Europe
5.6.3 Asia-Pacific
5.6.3.1 China
5.6.3.2 India
5.6.3.3 Japan
5.6.3.4 Australia
5.6.3.5 Rest of Asia-Pacific
5.6.4 South America
5.6.4.1 Brazil
5.6.4.2 Argentina
5.6.4.3 Rest of South America
5.6.5 Africa
5.6.5.1 South Africa
5.6.5.2 Rest of Africa
6 COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Marrone Bio Innovations
6.3.2 Bioworks Inc.
6.3.3 Isagri SpA
6.3.4 Koppert Biological Systems
6.3.5 Andermatt Biocontrol AG?
6.3.6 Sumitomo Chemical Co. Ltd
6.3.7 American Vanguard Corporation
6.3.8 BASF SE
6.3.9 Bayer CropScience LLC
6.3.10 Corteva Agriscience
6.3.11 Certis USA LLC
6.3.12 FMC Corporation
6.3.13 Syngenta AG
6.3.14 Novozymes Biologicals
6.3.15 Omnia Holdings Limited
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
8 IMPACT OF COVID-19 ON THE INDUSTRY?
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.