Global Bio-Pesticides for Food Crops Market Research Report - Segmented By Product (BioHerbicides, Bio Insecticides, BioFungicides, Others); By Application (Seed treatment, Foliar spray, Soil spray; By Crop (Grains & oil seeds, Fruits & vegetable, Others); By Form (Dry, Liquid); and Region- Size, Share, Growth Analysis | Forecast (2023 – 2030)

Bio-Pesticides for Food Crops Market Size (2023 – 2030)

The Global Bio-Pesticides for Food Crops Market was estimated to be worth USD 6.34 billion in 2023 and is projected to reach a value of USD 13.42 billion by 2030, growing at a CAGR of 11.3% during the forecast period 2024-2030.

The global adoption of organic farming and food is driving an increase in the need for biological pesticides, which is driving the growth of the biopesticides industry as a whole. Consumers are pushing alternatives to chemical-based agriculture as they become more knowledgeable about the chemicals used in food production and the possible effects of chemical residue on food. The need for biopesticides is rising as a result of this, which is pushing farmers to pursue organic farming.

Key Market Insights:

As of, 69.8 million hectares were under organic management, a 20 percent gain over the 11.7 million hectares, the largest rise ever recorded. Organic farming is performed in 181 nations. Therefore, as the need for biological pesticides increases along with the demand for organic food and farming on a worldwide scale, the market for biopesticides as a whole is being driven forward. In addition, the development of new technologies to boost agricultural production will fuel the need for bio fungicides. Marrone Bio Innovations which is a pioneer in developing effective, safe integrated pest management (IPM) solutions has signed an agreement with Anasac which is a leading biotechnology company. The development and distribution of the bioinsecticides Venerate and Grandevo in Chile are the goals of this cooperation.

A partnership between Certis USA LLC and Bayer AG, a major producer and supplier of powerful biopesticides and conventional chemical pesticides, has been announced. Bayer AG is a pharmaceutical and life sciences firm. The objective of this alliance is to disperse the requiem Prime bioinsecticide throughout the United States.

A well-known chemical business, BASF SE, has introduced Velifer, a biological pesticide. The recently released biological pesticide will be used on vegetable crops to suppress pests. It is only authorized for usage in Australia.

Global Bio-pesticides for Food Crops Market Drivers:

The market for biopesticides is likely to be driven by the use of foliar applications:

The term "foliar segment" describes the practice of applying biopesticides directly to grass plant leaves. Since it enables a more focused and effective utilization of inputs, this technique of application has grown in popularity in recent years. By increasing the efficiency of biopesticide products, the foliar sector is one way that the biopesticides market is expanding. These compounds can be more effectively absorbed when applied directly to the grass plant's leaves, leading to quicker outcomes and improved overall performance.

It is anticipated that the use of microbial products in biopesticides will accelerate market expansion:

The market for biopesticides is likely to be significantly impacted by the usage of microbial products. Microbial organisms, such as bacteria, fungi, viruses, and protozoa, are essential to the creation of biopesticides. By directly infecting and killing pests or by interfering with their life cycles and behavior, these microorganisms can serve as natural enemies of pests. Biopesticides based on microorganisms provide several benefits over conventional chemical pesticides. They are extremely targeted in their activity, causing no harm to the beneficial insects and creatures while only affecting the pests they are intended to eradicate. This focused strategy lessens the possibility of insect resistance developing while maintaining the ecological equilibrium. Microbial products also have less of an influence on the environment since they naturally decay without leaving toxic residues in the soil, water, or air.

Global Bio-pesticides for Food Crops Market Challenges:         

The market's expansion may be hampered by farmers in developing nations' preference for chemical pesticides:

In recent decades, the crop protection sector has grown significantly. These chemical groups provide a variety of mechanisms of action to address the problems with insecticide, herbicide, and fungicide resistance. Although there is still a high market for conventional pesticides, the pace of new product development has slowed. Because they have a solid market presence and continue to be preferred by farmers, conventional pesticides have been expanding steadily. Nevertheless, there is a growing understanding of biological crop protection in poorer nations, which has assisted in identifying registered goods and dispelling myths about fake or unreliable biopesticides. Despite these advancements, farmers are still hesitant to switch to biologicals because they rely on chemical pesticides. Farmers have the misconception that chemical pesticides produce more and are more effective. Additionally, a lot of farmers think that compared to their conventional equivalents, biological crop protection solutions are more expensive and take longer to work. The widespread use of biopesticides is significantly hampered by these reasons.

Global Bio-pesticides for Food Crops Market Opportunities:    

Use of Biopesticides Growing Modern agricultural practices may provide prospects for growth:

With advances in science and technology, the agriculture sector is seeing several breakthroughs. As crop protection tools, pesticides are crucial in the agriculture sector. Food trends have an impact on agriculture output, and the demand for natural and organic foods is now rising sharply. As a result, farmers are implementing cutting-edge and sophisticated agricultural techniques. In crop protection management, biopesticides are quickly replacing conventional synthetic pesticides as the best option. These factors have led to an increase in the usage of biopesticides in contemporary agricultural practices.

BIO-PESTICIDES FOR FOOD CROPS MARKET REPORT COVERAGE:

Global Bio-pesticides for Food Crops Market Segmentation: By Product

• BioHerbicides

• Bio Insecticides

• BioFungicides

• Others

The bioinsecticide, bio fungicide, bionematicides, bioherbicide, and other segments of the market are divided based on type. During the forecast period, the bioinsecticides sector is likely to rule the market by 37 %. Growing pest resistance and a rise in agricultural productivity have led to a greater usage of bioinsecticides. There is agricultural loss since several insect pests are known to impair plant development as well as crops after harvest or while they are in storage. Insect pest infestation also reduces the marketability of the crops. Regulatory restrictions and the phase-out of vital active ingredients are driving the demand for alternate pest control methods. Bioinsecticides that do not kill bugs' natural enemies, contaminate the environment, or leave residues in products now account for the majority of the market. The bionematicides sector, which is anticipated to increase, is the fastest-growing one in the worldwide biopesticides market by 23 %. This is a result of the rising desire for efficient and environmentally friendly nematode pest management methods that don't result in major crop losses.

Global Bio-pesticides for Food Crops Market Segmentation: By Application

• Seed treatment

• Foliar spray

• Soil spray

The market is divided into three segments based on application: foliar spray, soil treatment, and seed treatment. During the anticipated period, the Biopesticides Market's foliar spray sector is anticipated to have the quickest growth by 43 %. Foliar spray is a common tool used by farmers since it helps control pests in the plant's impacted regions. It is said to be more effective because it is easy to use and safe to use. Due to rising agricultural mechanization, such as aerial crop protection product spraying using airplanes and drones, the market for foliar spray application techniques is growing.

The seed treatment category, which is anticipated to increase, is the fastest-growing one in the worldwide biopesticides market by 19 %. This is because treating seeds with biopesticides can improve germination, plant development, and yield while also shielding them from pests and illnesses that are carried by the soil.

Global Bio-pesticides for Food Crops Market Segmentation: By Crop

• Grains & oil seeds

• Fruits & vegetables

• Others

The market is divided into Cereals & and grains, Oilseeds & and pulses, Fruits and vegetables, and others based on the crop application. During the anticipated period, the Biopesticides Market's fruits and vegetable category is anticipated to have the quickest growth by 63 %. As a result of the change in eating habits, farmers are under pressure to adopt sustainable farming practices. Due to the large infestation of fruits and vegetables in both greenhouses and open fields, the cost of producing fruits and vegetables is increasing, as is the demand for biopesticides. To fulfill the export demand for residue-free crops, farmers are increasingly implementing the use of biopesticides in combination with conventional chemicals. Because of the growing demand for organic foods, farmers are being forced to employ biopesticides.

Global Bio-pesticides for Food Crops Market Segmentation: By Form

• Dry

• Liquid

The market is divided into Dry and Liquid based on Form. A sizeable portion of the global biopesticides market is made up of liquid form. Liquid formulation gives superior field performance than dry formulation with a reduced likelihood of nozzle obstruction. The sector's easy applicability and consistent application may further boost the segment share during the predicted duration by 54%. The need for liquid formulation is rising as a result of its advantageous properties, including a decreased risk of nozzle blockage and the capacity to provide higher field performance. Microbial cultures are used to create liquid biopesticide formulations that have better stability, adhesion, and dispersion properties. A liquid composition can contain any mixture of water, oil, polymer, or any two of these.

Global Bio-pesticides for Food Crops Market Segmentation: By Region

• North America

• Europe

• Asia-Pacific

• South America

• Middle East and Africa

With a market share of over 38%, North America emerged as the largest market for biopesticides globally. The biggest market share belonged to North America. The fall of traditional goods as a result of registration or product performance issues is one of the key factors impacting market acceptance. Many companies, like Marrone Bio Innovations and FMC Corporation, are focusing on research to create products with improved active ingredients.

Due to the existence of sizable agricultural activities in developing nations like China and India, the Asia-Pacific market is anticipated to expand at the quickest CAGR between 2023 and 2030. Additionally, users have access to a variety of predator and microbial biopesticides for certain insects, pests, and toxins that they like to protect their crops against. Additionally, the demand for biopesticide products is being driven by the spike in demand for biopesticides in the Asia-Pacific agriculture sector.

COVID-19 Impact on Global Bio-pesticides for Food Crops Market:

Globally, the food and beverage sector was impacted by the COVID-19 epidemic. COVID-19 led to limits on the labor movement, the closing of manufacturing plants, and a drop in consumer demand, all of which hampered market expansion. Additionally, this industry had severe labor shortages as a result of frequent lockdowns that hampered business and industrial activities. The profitability of biopesticide suppliers and manufacturers has been under strain due to a decline in income in the first few months of 2020 and a decline in farmer demand for biopesticides. The global vaccination campaign and lockdown procedures are likely to support the growth of the biopesticides market. In the industry of agriculture and agriproducts, this is reclaiming its prominence.

Global Bio-pesticides for Food Crops Market Recent developments:

Although the market penetration of biopesticides has significantly increased, they still account for just a small portion of pest management strategies. The annual global production is around 3000 tonnes, and this figure is growing quickly. Just 4.2% of India's overall pesticide market is made up of biopesticides. Although the government has encouraged the use of biopesticides by including them in several agricultural programs, biopesticides still face many challenges locally despite being likely to grow at an astounding 10% annual rate.

Key Players:

1. BASF SE

2. Bayer AG

3. Syngenta

4. UPL Limited

5. FMC Corporation

6. Marrone Bio Innovations, Inc.

7. Novozymes

8. Nufarm

9. Isagro S.p.A

10. Certis USA L.L.C.

• In March 2022: A final agreement to merge Marrone Bio Innovations Inc. with Bioceres Crop Solutions Corp. in an all-stock transaction was announced. By joining MBI's experience in the development of biological crop protection and plant health solutions with Bioceres' expertise in bio nutrition and seed care products, they will create a global leader in the development and marketing of sustainable agriculture solutions.

• In June 2020: Leading organic fertilizer distributor Simbiose Agrotecnologia Biologica established a relationship with Embrapa (Brazilian Agricultural Research Corporation), a government-owned research organization connected to the Brazilian Ministry of Agriculture. The collaboration aims to create the first biopesticides to manage the soybean looper in Brazil.