Biopesticides Market size to exceed $6.5bn by 2030

Biopesticides Market size is set to surpass USD 6.5 billion by 2030, according to a new research report by Global Market Insights inc.
 

Rise in crop loss caused by various crop-related diseases and insects as well as changes in farming techniques will drive the market expansion. The demand for high-quality crop yields owing to increase population and the growing demand for organic foods due to increased consumer awareness. The range of applications for biopesticides has been broadened thanks to technological developments, which will allow for stronger growth throughout the projection period.
 

Biopesticides provide significant advantages for the productivity of agricultural output due to their organic origin. Raw material used to produce biopesticides are bacteria, fungus, animals, plants, and other microorganisms. They are more effective, biodegradable, and good to the environment.
 

Additionally, growers can save money on fertilizer expenses by using biopesticides to maintain the soil's fertility and quality for a longer length of time. The treatment of harsh chemicals in the production both degrades the quality of the soil and the produce.
 

Growing organic food sector to drive the biopesticides market expansion

Biofungicides segment is projected to reach USD 2.5 billion by 2030. Rising demand for organic food products, strict government regulation against the use of chemical-based crop protection methods, and the increasing awareness among farmers about the advantages of adopting biofungicides are some of the factors will propel the market progression.
 

Biofungicides, which are used to regulate bacterial and fungal activity on plants, contain living organisms. The idea behind bio fungicides is based on studies of natural processes, in which beneficial microorganisms are extracted from the soil and prevent plant pathogen activity. The rhizosphere or root system is surrounded by a protective barrier created by biofungicides, keeping fungus out and safeguarding the roots. Hence bio fungicides are an excellent alternative to synthetic fungicides for controlling the development of grey mold.
 

Browse key industry insights spread across 520 pages with 851 market data tables & 42 figures & charts from the report, “Global Biopesticides Market Analysis by Product (Bioherbicides, Bioinsecticides, Biofungicides), By Application (Seed Treatment, Foliar, Soil Spray), By Crop (Grains & Oil Seeds, Fruits & Vegetables {Apple, Grapes, Potato}), By Form (Dry, Liquid), By Source (Microbial, Biochemical), Industry Analysis Report, Regional Outlook, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trend, Competitive Market Share & Forecast, 2022 – 2030” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/biopesticides-market
 

Increasing importance of seed treatment in agriculture industry will boost the biopesticides market statistics

Seed treatment segment is projected to cross USD 195 million by 2030, with CAGR of around 11.5%. Seed treatment is a technique for putting biological substances or agents on vegetable seeds to get rid of insects, pests, or other creatures that limit the growth of the plant. They typically go on a seed coat that surrounds an embryo, such as wheat, corn, and soybean. Due to its primary objective of disinfecting seeds, especially regarding the eradication of viruses that affect seed performance, seed treatment is becoming widely accepted in the agricultural sector. To give a variety of protection options against diseases, insects, and nematodes, seed protection is heavily commercialized.
 

Improving biopesticides technology for grain & oil seed cultivation to spur the biopesticides market demand

Grain & oil seeds segment is likely to register 10.5% CAGR through 2030. Chemical insecticides are currently used in the production of grains and oilseeds to protect the product from mite and insect infestations associated with stored goods. Concerns about safety, environmental impact as well as resistance to these conventional pesticides are therefore raised as there are only a small number of products available for application.
 

The development of manufacturing technology to effectively deal with those infections that harm these plants is what the biopesticides industry for grains and oilseeds depends on. It is projected that the worldwide market would develop because of rising usage of biopesticides in the production of grains and oil seeds to increase the effectiveness of insect-specific fungus and crop safety throughout the product.
 

Ease in usage and effectiveness in crop protection will promote the consumption of dry form of biopesticides

biopesticides market from dry form segment expected to reach USD 2 billion by 2030. Dry formulations are created utilizing a variety of processes, such as freeze, air, and spray drying, either alone or in conjunction with fluidized beds. It has a short shelf life yet boosts crop output. Dry designs, such as seed dressing designs, dusts, powder for seed dressing, water-dispersible granules, micro granules, and dilution in water, are utilized for direct applications. The market for dry formulation is predicted to expand at a rapid rate because they are easier to use and handle than other forms.
 

Favorable effect of biochemicals in plant’s protection and growth will fuel the biopesticides market revenue

Biochemicals segment is estimated to exceed USD 1 billion by 2030. Biochemical biopesticides can be made artificially or organically. These substances are physically and functionally comparable to their natural counterparts and manage pests through non-toxic ways. Numerous creatures, including fungi, insects, nematodes, bacteria, viruses, and protozoa, are examples of predatory sources for biochemicals.
 

It can be divided into organic acids, pheromones, minerals, plant extracts, plant growth regulators, and insect growth regulators. Biochemical biopesticides have a favorable effect on the growth and development of treated plants and make it difficult for pests to live there. The vast number of biopesticides with natural active ingredients that are readily available, coupled with the product's non-toxic properties, will both increase the market size.
 

Increase in production and consumption of organic food will foster the regional market trends

Europe biopesticides market is set to surpass USD 1.98 billion by 2030. Biopesticides are specific kinds of pesticides made from natural substances like bacteria, plants, animals, and minerals. The two biggest markets in Europe for biopesticides are Spain and Germany. The development of the organic industry, rising chemical pesticide prices, concerns with insect resistance to biopesticides, and growing knowledge of the risks chemical pesticides provide to workers will augment the industry scenario in Europe.
 

Some of the prominent market players operating in the biopesticides industry include BASF SE, Marrone Bio Innovations, Bayer Crop Science, Certis USA LLC, Koppert Biological Systems, Valent Biosciences LLC, Agrolink, CairoChem, Chema Industries, Novozymes, Seipasa SA, Corteva Agriscience, Indigo Ag, and Bio Intrant. The key strategies observed among the industry participants include new product launches, new technologies, acquisitions, and expansion