Press Release

Global Biopesticides Market to Expand at 14.93% CAGR, Intense R&D Strategies of Key Players to Boost Market

The global biopesticides market is anticipated to reach USD 10.19 Billion by 2026, as against USD 3.36 Billion in 2018. As per the Research Institute of Organic Agriculture, around 50.9 million hectares of land used for agriculture was under organic farm practices in 2015 and exhibited a CAGR of 7.4% between 2010 and 2015. Increasing land under organic farming is expected to fuel demand for biopesticide products in the forecast years. The demand for biopesticides is likely to outpace synthetic chemical pesticides in the forecast years. This is primarily owing to the benefits offered by these products while protecting crops from diseases and pests. Other advantages offered by biopesticides include residual management, biodegradability, and product development. These advantages are expected to drive the growth of the market in the years to come.

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SEGMENTATION

By Type

  • Bioinsecticides
  • Biofungicides
  • Bionematicides
  • Others

By Source

  • Microbials (Bacteria, Fungi, and Others)
  • Biochemicals (Semiochemicals, Plant Extracts, and Others)

By Mode of Application

  • Foliar Application
  • Seed Treatment
  • Soil Treatment
  • Others

By Crop

  • Cereals
  • Oilseeds
  • Fruits & Vegetables
  • Other Crops

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Key questions answered in the  biopesticides Market report:

  • What will the market growth rate of biopesticides market in 2025?
  • What are the key factors driving the Global biopesticides market?
  • What are sales, revenue, and price analysis of top manufacturers of biopesticides market?
  • Who are the distributors, traders and dealers of biopesticides market?

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About the author

Rudolph Martinez

Rudolph is leading the agricultural innovations column. He writes about technologies related to agriculture and the advancements. He has been working in our organization for 5 years and is one of the junior employees. He is a total tech savvy person and is always looking for different kind of articles, which will stand out the crowd. His articles are fascinating to read, and it contains many minds engaging facts.

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