Market Size of biopesticides Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 6.06 Billion |
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Market Size (2029) | USD 10.26 Billion |
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Largest Share by Form | Biofungicides |
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CAGR (2024 - 2029) | 11.11 % |
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Largest Share by Region | North America |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Biopesticides Market Analysis
The Biopesticides Market size is estimated at USD 6.06 billion in 2024, and is expected to reach USD 10.26 billion by 2029, growing at a CAGR of 11.11% during the forecast period (2024-2029).
- Biofungicides is the Largest Form. Commercial bio-fungicides available in the market provide protection against various pathogens such as Pythium, Rhizoctonia, Fusarium, Sclerotinia, Thielaviopsis, and Botrytis
- Bioinsecticides is the Fastest-growing Form. The application of Bioinsecticides in different pest-infested crops has significantly increased the mortality of harmful insects and decreased their progeny number.
- Row Crops is the Largest Crop Type. Rice, wheat, corn, soybean, sorghum, and barley are the major organic row crops produced and their dominanance in biopesticide consumption is due to the large organic area.
- North America is the Largest Region. The growing area under cultivation of organic crops and high adaption of biological solutions by the farmers of the region has made it the large consumer of biopesticides globally.
