The global biopesticides market is expected to reach $10.24 billion by 2025, supported by a CAGR of 16.1% during the forecast period of 2019 to 2025. In terms of volume, the market is expected to grow at a CAGR of 9.9% from 2019 to 2025 to reach 221.9 million kg by 2025.
In order to fulfill the food demand of a growing population, higher and advanced productive agricultural materials are required. Over the last several decades, there have been tremendous efforts to improve agricultural yields through the extensive application of chemicals that have long-lasting and profound effects on the environment and human being. Therefore, to feed the world population without the damaging environment, the use of biopesticides is increasing significantly across the globe. This is the main reason that the number of major multinationals have jumped into the biopesticides market in recent years.
Here are the top 10 companies operating in biopesticides market –
Founded in 1863 and headquartered at Leverkusen, Germany; Bayer Crop Science Ag is involved in the healthcare and agriculture sector. The company operates through four divisions, namely, pharmaceuticals, consumer health, crop science, and animal health. It provides crop science services in the areas of seeds, crop protection, and non-agricultural pest control. It offers chemical and biological crop protection products and solutions, including fungicides, herbicides, insecticides, seeds, and seed growth solutions; and services for sustainable agriculture.
With 301 subsidiaries, the company has its geographic presence in 78 countries across the North America, Europe, Asia-Pacific, and Middle East & Africa.
Founded in 2006and headquartered at Davis, U.S.; Marrone Bio Innovation is involved in biobased pest management and plant health products, primarily for agricultural and water markets internationally. It offers herbicides; fungicides; nematicides; insecticides; algaecides; molluscicides; plant growth and stress regulators; and water treatment products for various applications, such as hydroelectric and thermoelectric power generation, industrial applications, drinking water, aquaculture, irrigation, and recreation
The company primarily provides its products in the U.S as well as via distributors, it sells its products in Europe, Latin America, and Pacific regions.
Founded in headquartered at Columbia, U.S.; Certis USA L.L.C., operates as a subsidiary of Mitsui & Co. (U.S.A.), Inc., is involved in manufacturing of biological pesticides for specialty agricultural and horticultural markets, and the home and garden market.
It provides BT biolarvicides, bioinsecticides, insect growth regulators, insecticidal viruses, insecticidal soaps, insecticidal baits, biofungicides, biochemicals, miticides, bionematicides, bionutrients, soil fumigants, herbicides, heat stress and sunburn management solutions, and tissue culture solutions. With network of subsidiaries and distributors, the company has strong geographical presence in the across North America, Europe, Asia-Pacific, and Middle East and Africa regions.
Founded in 1897 and headquartered in Michigan, U.S.; The Dow Chemical Company operates through five major segments agricultural sciences, consumer solutions, infrastructure solutions, performance materials & chemicals and performance plastics. The agricultural sciences segment is leading provider of crop protection and seed/plant biotechnology products and technologies, urban pest management solutions and healthy oils. The segment innovates, develops, manufactures and markets products for use in agricultural, industrial and commercial pest management.
With 189 manufacturing facilities in 34 countries, the company has its presence in biopesticides market, across North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Founded in 1901 and headquartered at Missouri, U.S.; Monsanto is leading agrochemical and agricultural biotechnology corporation. It operates in two segments, seeds and genomics, and agricultural productivity. The seeds and genomics segment produces raw crop seeds and vegetable seeds. It also develops biotechnology traits that assist farmers in controlling insects and weeds in corn, soybean, cotton, and canola crops. The agricultural productivity segment, manufactures and sells herbicides for agricultural, industrial, ornamental, turf, and residential lawn and garden applications for weed control, as well as for control of pre-emergent annual grass and small seeded broadleaf weeds in corn and other crops.
The company has its geographic presence in North America, South America, Europe, Middle East, Asia Pacific, and Africa.
A report into the projected growth of the current biopesticides market by Meticulous Research® has produced some incredible forecasts for the industry. By 2025, it’s expected to have grown at a CAGR of 16.1%, reaching over $10.24 billion.
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Founded in 1992 and headquartered at Milano, Italy; Isagro S.P.A, operates as a subsidiary of Holdisa S.r.l., is involved in the research, management, development, manufacture, marketing, and distribution of agrochemicals for crop protection. Its products include fungicides, insecticides, pheromones, biostimulants, and biological fungicides.
The company has its geographic presence in Europe, Asia, North America and South America.
Founded in 1993 and headquartered at Bangalore, India; Camson Bio Technologies Limited is a leading agricultural biotechnology company. The company provides hybrid seeds, bio-fertilizers and biocides that are non-poisonous, eco-friendly and residue-free.
With 300 distributors and 2600 dealers, the company has a strong presence across the biopesticides market.
Founded in 1988 and headquartered at Switzerland; Andermatt Biocontol AG is mainly involved in manufacturing and marketing of biological based plant protection products. The company specialized in production of baculoviruses and entomopathogenic nematodes, as well as beneficial insects for greenhouses and stored products. The company has its subsidiaries in France, South Africa, Brazil, and Canada.
With these subsidiaries and more than 80 distributors, the company sells its products across the globe.
Founded in 1865 and headquartered at Germany, the BASF Corporation is involved in manufacturing and supplying of various products. It operates through five segments chemicals, performance products, functional material and solutions, agriculture solutions, and oil and gas. The Agricultural Solutions segment provides fungicides, herbicides, and insecticides, as well as functional crop care products.
The company has its geographic presence in Europe, North America, Asia Pacific and South America, Africa, Middle East.
The Som Phytopharma India Limited is involved in the development and manufacturing of bio solutions for crops, soils, animals, humans and environment. The company operates through two segments agri life divisions and bio ops division. The agri life division provides botanical origin biopesticides, microbial origin biopesticides, biofertilizers and agri inputs, while bio ops division provides bio solution products for animal health. Probiotics, Environment Management Microbes and bio Medical Products are the products of bio Ops.
The company primarily operates in India.
Popular mentions- Syngenta, International Panaacea Ltd (IPL), Stokcton (STK), BioWorks, Inc., Novozymes, Inc., Koppert B.V., W. Neudorff GMBH KG, InVivo Agrosciences, Valent U.S.A. LLC, FMC Corporation, and Gowan company, LLC.
Authoritative Research on the Biopesticides Market – 2022
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