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Biopesticides Market to Exhibit a CAGR of 16.0% from 2025 to 2032; FMC Corporation Launched Entazia, a New Biofungicide to Control Bacterial Leaf Blight

May 30, 2024 | Food & Beverages

The global biopesticides market size stood at USD 8.73 billion in 2024. The market value is slated to rise from USD 10.12 billion in 2025 to USD 28.61 billion by 2032 at a CAGR of 16% during 2025-2032. Fortune Business Insights™ presents this information in its report titled “Biopesticides Market Size, Share & Industry Analysis, By Type (Bioinsecticide, Biofungicide, Bionematicide, and Others), By Source (Microbials and Biochemicals), By Mode of Application (Foliar Application, Seed Treatment, Soil Application, and Others), By Crop (Cereals, Oilseeds, Fruits & Vegetables, and Others), and Regional Forecast, 2025-2032”


Biopesticide is a type of pesticide manufactured using natural materials such as bacteria, animals, plants, and a few minerals utilized for pathogens and agricultural pests. The market expansion can be ascribed to the surging government initiatives to aid research and development activities.


The producers based in North America, Europe, and India were assisted in filling the void and bolstering their order intakes by the time-being closure of Chinese biopesticide manufacturing plants amid the COVID-19 pandemic. In addition, it created disturbances in the supply chain, which resulted in problems in raw material procurement for many producers and players relying on Chinese raw materials, who encountered many logistical challenges.


FMC Corporation Unveiled a New Biofungicide, Entazia, for the Control of Bacterial Leaf Blight


In August 2023, FMC Corporation, an America-based chemical manufacturing company, announced the launch of Entazia, a new biofungicide. It is a biological crop protection product made using Bacillus subtilis for controlling bacterial leaf blight in rice.


Market Value to Grow Owing to Ever-growing Demand for Organic Food


The biopesticides market growth is driven by the ever-increasing demand for organic food. Organic farming is growingly considered an ideal substitute to conventional methods to minimize the overall environmental impact.


Despite an expanding scope for the adoption of biopesticides, their prohibitive cost and limited shelf life may hinder the market growth.


Industry Participants Emphasize Product Innovations to Broaden their Portfolio


The prominent companies in the biopestides market are opting for various strategic initiatives to outshine the competition. Joint ventures, mergers & acquisitions, partnerships, and capacity expansions are some of the strategies. Moreover, many companies are investing huge amounts into research and development activities to launch advanced capabilities of biopesticides.


To get a detailed report summary and research scope of this market, click here:


https://www.fortunebusinessinsights.com/industry-reports/biopesticides-market-100073


Key Players



  • BASF SE (Germany)

  • Syngenta AG (Switzerland)

  • Bayer AG (Germany)

  • Bioceres S.A. (Argentina)

  • Novozymes (Denmark)

  • Koppert Biological Systems (Netherlands)

  • Floridienne SA (Belgium)

  • Gowan Group (Ireland)

  • Sumitomo Chemical Co., Ltd. (Japan)

  • Certis USA LLC. (U.S.)


Key Industry Development



  • January 2024: Simbiose, a company based in Brazil, announced the release of Frontier Control (Bacillus velezensis), which is a microbiological fungicide with a concentrated suspension (S.C.) formulation and is deployed for ground application.


Further Report Findings



  • North America is slated to occupy the largest share during the forecast period due to the stringent rules and regulations about the use of synthetic crop protection chemicals for the protection of the environment from hazardous effects.

  • The bioinsecticide is anticipated to be the leading segment during the forecast period as it is effective in terms of pest control.

  • The foliar application segment is poised to capture a larger revenue chunk during the forecast period. The foliar application of the product results in fast growth of seedlings after germination. This factor is augmenting the foliar application segment growth.

  • In terms of crop, the market is divided into fruits & vegetables, oilseeds, cereals, and others. The fruits & vegetables segment is poised to register a major biopesticides market share during the forecast period. The demand for fruits & vegetables is being impelled by the ever-rising popularity of organic produce among consumers. This factor is boosting the fruits & vegetables segment growth.


Table of Segmentation










































ATTRIBUTE



DETAILS



Study Period



2019-2032



Base Year



2024



Estimated Year



2025



Forecast Period



2025-2032



Historical Period



2019-2023



Unit



Value (USD Billion)



Growth Rate



 CAGR of 16% from 2025 to 2032



 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


Segmentation



 By Type



  • Bioinsecticide

  • Biofungicide

  • Bionematicide

  • Others


By Source



  • Microbials

  • Biochemicals


By Mode of Application



  • Foliar Application

  • Seed Treatment

  • Soil Application

  • Others


By Crop



  • Cereals

  • Oilseeds

  • Fruits & Vegetables

  • Others


By Geography



  • North America (By Type, Source, Mode of Application, and By Country)

    • U.S. (By Mode of Application)

    • Canada (By Mode of Application)

    • Mexico (By Mode of Application)



  • Europe (By Type, Source, Mode of Application, and By Country)

    • Germany (By Mode of Application)

    • France (By Mode of Application)

    • Italy (By Mode of Application)

    • Spain (By Mode of Application)

    • U.K. (By Mode of Application)

    • Russia (By Mode of Application)

    • Rest of Europe (By Mode of Application)



  • Asia Pacific (By Type, Source, Mode of Application, and By Country)

    • China (By Mode of Application)

    • India (By Mode of Application)

    • Japan (By Mode of Application)

    • Australia (By Mode of Application)

    • Vietnam (By Mode of Application)

    • Thailand (By Mode of Application)

    • Malaysia (By Mode of Application)

    • Rest of the Asia Pacific (By Mode of Application)



  • South America (By Type, Mode of Application, and By Country)

    • Brazil (By Mode of Application)

    • Argentina (By Mode of Application)

    • Chile (By Mode of Application)

    • Rest of South America (By Mode of Application)



  • Middle East & Africa (By Type, Mode of Application, and By Country)

    • South Africa (By Mode of Application)

    • Israel (By Mode of Application)

    • Rest of the Middle East & Africa (By Mode of Application)




Global Biopesticides Market
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  • 2024
  • 2019-2023
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