A quick peek into the report
Table of Contents
1.1 Trends: Current and Future Impact Assessment
1.1.1 Trends: Overview
1.1.2 Rising Investments in Bio-Agriculture
1.1.3 Increasing Usage of Liquid Biofertilizers and Biopesticides as a Sustainable Solution for Agriculture
1.2 Supply Chain Overview
1.2.1 Value Chain Analysis
1.2.2 Pricing Forecast
1.3 Research and Development Review
1.3.1 Patent Filing Trend (by Product Type and Country)
1.4 Regulatory Landscape
1.5 Market Dynamics Overview
1.5.1 Market Drivers
1.5.1.1 Increase in Demand for Organic Food Due to Growing Awareness of the Adverse Impacts of Chemical Pesticides and Fertilizers on Human Health and Environment
1.5.1.2 Government Mandates and Phase-Out of Key Chemical Active Ingredients
1.5.2 Market Challenges
1.5.2.1 Technological Limitations for the Use of Biological Products
1.5.2.2 Preference for Chemical Pesticides among Farmers
1.5.3 Market Opportunities
1.5.3.1 Growth Opportunities in Developing Regions such as Asia-Pacific and Rest-of-the-World
1.5.3.2 Adoption of Nano-Biopesticides and Cutting-Edge Genetic Engineering Technology
2.1 Application Segmentation
2.2 Application Summary
2.3 Biopesticides and Biofertilizers Market (by Crop Type)
2.3.1 Crop Type
2.3.1.1 Cereals and Grains
2.3.1.2 Oilseeds and Pulses
2.3.1.3 Fruits and Vegetables
2.3.1.4 Others
3.1 Product Segmentation
3.2 Product Summary
3.3 Biopesticides and Biofertilizers Market (by Product Type)
3.3.1 Product Type
3.3.1.1 Biofertilizers
3.3.1.1.1 Nitrogen Fixing
3.3.1.1.2 Phosphate Stabilizers
3.3.1.1.3 Others
3.3.1.2 Biopesticide
3.3.1.2.1 Bioinsecticides
3.3.1.2.2 Biofungicides
3.3.1.2.3 Bioherbicides
3.3.1.2.4 Others
3.3.2 Source
3.3.2.1 Microorganism
3.3.2.1.1 Bacteria
3.3.2.1.1.1 Rhizobium
3.3.2.1.1.2 Azotobacter
3.3.2.1.1.3 Azospirillum
3.3.2.1.1.4 Others
3.3.2.1.2 Fungi
3.3.2.1.3 Others
3.3.2.2 Plant-Incorporated Protectants
3.3.2.3 Biochemical
3.4 Biopesticides and Biofertilizers Market (by Formulation)
3.4.1 Formulation
3.4.1.1 Liquid
3.4.1.2 Solid
4.1 Regional Summary
4.2 Drivers and Restraints
4.3 North America
4.3.1 Regional Overview
4.3.2 Driving Factors for Market Growth
4.3.3 Factors Challenging the Market
4.3.4 Application
4.3.5 Product
4.3.6 U.S.
4.3.7 Canada
4.3.8 Mexico
4.4 Europe
4.4.1 Regional Overview
4.4.2 Driving Factors for Market Growth
4.4.3 Factors Challenging the Market
4.4.4 Application
4.4.5 Product
4.4.6 Germany
4.4.7 U.K.
4.4.8 France
4.4.9 Italy
4.4.10 Spain
4.4.11 Rest-of-Europe
4.5 Asia-Pacific
4.5.1 Regional Overview
4.5.2 Driving Factors for Market Growth
4.5.3 Factors Challenging the Market
4.5.4 Application
4.5.5 Product
4.5.6 China
4.5.7 Japan
4.5.8 Australia and New Zealand
4.5.9 India
4.5.10 Indonesia
4.5.11 Rest-of-Asia-Pacific
4.6 Rest-of-the-World
4.6.1 Regional Overview
4.6.2 Driving Factors for Market Growth
4.6.3 Factors Challenging the Market
4.6.4 Application
4.6.5 Product
4.6.6 South America
4.6.7 Middle East and Africa
5.1 Next Frontiers
5.2 Geographic Assessment
5.2.1 Novozymes
5.2.1.1 Overview
5.2.1.2 Top Products/Product Portfolio
5.2.1.3 Top Competitors
5.2.1.4 Target Customers
5.2.1.5 Key Personnel
5.2.1.6 Analyst View
5.2.1.7 Market Share
5.2.2 Symborg
5.2.2.1 Overview
5.2.2.2 Top Products/Product Portfolio
5.2.2.3 Top Competitors
5.2.2.4 Target Customers
5.2.2.5 Key Personnel
5.2.2.6 Analyst View
5.2.2.7 Market Share
5.2.3 Kiwa Bio-Tech Products Group Corporation
5.2.3.1 Overview
5.2.3.2 Top Products/Product Portfolio
5.2.3.3 Top Competitors
5.2.3.4 Target Customers
5.2.3.5 Key Personnel
5.2.3.6 Analyst View
5.2.3.7 Market Share
5.2.4 Vegalab SA
5.2.4.1 Overview
5.2.4.2 Top Products/Product Portfolio
5.2.4.3 Top Competitors
5.2.4.4 Target Customers
5.2.4.5 Key Personnel
5.2.4.6 Analyst View
5.2.4.7 Market Share
5.2.5 UPL
5.2.5.1 Overview
5.2.5.2 Top Products/Product Portfolio
5.2.5.3 Top Competitors
5.2.5.4 Target Customers
5.2.5.5 Key Personnel
5.2.5.6 Analyst View
5.2.5.7 Market Share
5.2.6 Lallemand Inc.
5.2.6.1 Overview
5.2.6.2 Top Products/Product Portfolio
5.2.6.3 Top Competitors
5.2.6.4 Target Customers
5.2.6.5 Key Personnel
5.2.6.6 Analyst View
5.2.6.7 Market Share
5.2.7 T.Stanes and Company Limited
5.2.7.1 Overview
5.2.7.2 Top Products/Product Portfolio
5.2.7.3 Top Competitors
5.2.7.4 Target Customers
5.2.7.5 Key Personnel
5.2.7.6 Analyst View
5.2.7.7 Market Share
5.2.8 AgriLife (India) Private Limited
5.2.8.1 Overview
5.2.8.2 Top Products/Product Portfolio
5.2.8.3 Top Competitors
5.2.8.4 Target Customers
5.2.8.5 Key Personnel
5.2.8.6 Analyst View
5.2.8.7 Market Share
5.2.9 Chr. Hansen Holding A/S
5.2.9.1 Overview
5.2.9.2 Top Products/Product Portfolio
5.2.9.3 Top Competitors
5.2.9.4 Target Customers
5.2.9.5 Key Personnel
5.2.9.6 Analyst View
5.2.9.7 Market Share
5.2.10 Syngenta
5.2.10.1 Overview
5.2.10.2 Top Products/Product Portfolio
5.2.10.3 Top Competitors
5.2.10.4 Target Customers
5.2.10.5 Key Personnel
5.2.10.6 Analyst View
5.2.10.7 Market Share
5.2.11 Certis USA L.L.C.
5.2.11.1 Overview
5.2.11.2 Top Products/Product Portfolio
5.2.11.3 Top Competitors
5.2.11.4 Target Customers
5.2.11.5 Key Personnel
5.2.11.6 Analyst View
5.2.11.7 Market Share
5.2.12 Andermatt Group AG
5.2.12.1 Overview
5.2.12.2 Top Products/Product Portfolio
5.2.12.3 Top Competitors
5.2.12.4 Target Customers
5.2.12.5 Key Personnel
5.2.12.6 Analyst View
5.2.12.7 Market Share
5.2.13 Gujarat State Fertilizers & Chemicals Limited (GSFC)
5.2.13.1 Overview
5.2.13.2 Top Products/Product Portfolio
5.2.13.3 Top Competitors
5.2.13.4 Target Customers
5.2.13.5 Key Personnel
5.2.13.6 Analyst View
5.2.13.7 Market Share
5.2.14 Biolchim SPA
5.2.14.1 Overview
5.2.14.2 Top Products/Product Portfolio
5.2.14.3 Top Competitors
5.2.14.4 Target Customers
5.2.14.5 Key Personnel
5.2.14.6 Analyst View
5.2.14.7 Market Share
5.2.15 Biobest Group
5.2.15.1 Overview
5.2.15.2 Top Products/Product Portfolio
5.2.15.3 Top Competitors
5.2.15.4 Target Customers
5.2.15.5 Key Personnel
5.2.15.6 Analyst View
5.2.15.7 Market Share
6.1 Data Sources
6.1.1 Primary Data Sources
6.1.2 Secondary Data Sources
6.1.3 Data Triangulation
6.2 Market Estimation and Forecast
Table 1: Market Snapshot
Table 2: Global Biopesticides and Biofertilizers Market, Opportunities across Regions
Table 3: Pricing Analysis (by Product Type), $/Kg, 2022-2033
Table 4: Global Biopesticides and Biofertilizers Market (by Region), $Million, 2022-2033
Table 5: North America Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
Table 6: North America Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
Table 7: North America Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
Table 8: North America Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
Table 9: U.S. Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
Table 10: U.S. Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
Table 11: U.S. Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
Table 12: U.S. Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
Table 13: Canada Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
Table 14: Canada Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
Table 15: Canada Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
Table 16: Canada Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
Table 17: Mexico Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
Table 18: Mexico Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
Table 19: Mexico Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
Table 20: Mexico Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
Table 21: Europe Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
Table 22: Europe Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
Table 23: Europe Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
Table 24: Europe Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
Table 25: Germany Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
Table 26: Germany Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
Table 27: Germany Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
Table 28: Germany Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
Table 29: U.K. Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
Table 30: U.K. Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
Table 31: U.K. Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
Table 32: U.K. Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
Table 33: France Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
Table 34: France Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
Table 35: France Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
Table 36: France Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
Table 37: Italy Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
Table 38: Italy Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
Table 39: Italy Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
Table 40: Italy Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
Table 41: Spain Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
Table 42: Spain Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
Table 43: Spain Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
Table 44: Spain Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
Table 45: Rest-of-Europe Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
Table 46: Rest-of-Europe Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
Table 47: Rest-of-Europe Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
Table 48: Rest-of-Europe Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
Table 49: Asia-Pacific Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
Table 50: Asia-Pacific Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
Table 51: Asia-Pacific Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
Table 52: Asia-Pacific Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
Table 53: China Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
Table 54: China Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
Table 55: China Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
Table 56: China Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
Table 57: Japan Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
Table 58: Japan Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
Table 59: Japan Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
Table 60: Japan Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
Table 61: Australia and New Zealand Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
Table 62: Australia and New Zealand Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
Table 63: Australia and New Zealand Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
Table 64: Australia and New Zealand Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
Table 65: India Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
Table 66: India Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
Table 67: India Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
Table 68: India Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
Table 69: Indonesia Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
Table 70: Indonesia Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
Table 71: Indonesia Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
Table 72: Indonesia Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
Table 73: Rest-of-Asia-Pacific Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
Table 74: Rest-of-Asia-Pacific Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
Table 75: Rest-of-Asia-Pacific Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
Table 76: Rest-of-Asia-Pacific Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
Table 77: Rest-of-the-World Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
Table 78: Rest-of-the-World Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
Table 79: Rest-of-the-World Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
Table 80: Rest-of-the-World Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
Table 81: South America Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
Table 82: South America Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
Table 83: South America Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
Table 84: South America Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
Table 86: Middle East and Africa Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022-2033
Table 87: Middle East and Africa Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022-2033
Table 88: Middle East and Africa Biopesticides and Biofertilizers Market (by Source), $Million, 2022-2033
Table 89: Middle East and Africa Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022-2033
Table 90: Market Share
Figure 1: Region with Largest Share of the Biopesticides and Biofertilizers Market, $Million, 2022, 2026, and 2033
Figure 2: Global Biopesticides and Biofertilizers Market (by Crop Type), $Million, 2022, 2026, and 2033
Figure 3: Global Biopesticides and Biofertilizers Market (by Product Type), $Million, 2022, 2026, and 2033
Figure 4: Global Biopesticides and Biofertilizers Market (by Source), $Million, 2022, 2026, and 2033
Figure 5: Global Biopesticides and Biofertilizers Market (by Formulation), $Million, 2022, 2026, and 2033
Figure 6: Biopesticides and Biofertilizers Market, Recent Developments
Figure 7: Supply Chain and Risks within the Supply Chain
Figure 8: Patent Analysis (by Product Type), January 2020-December 2023
Figure 9: Patent Analysis (by Country), January 2020-December 2023
Figure 10: Impact Analysis of Market Navigating Factors, 2023-2033
Figure 11: U.S. Organic Food Sales, $Million, 2019-2022
Figure 12: Pesticide Consumption (by Country), Kiloton, 2020
Figure 13: U.S. Biopesticides and Biofertilizers Market, $Million, 2022-2033
Figure 14: Canada Biopesticides and Biofertilizers Market, $Million, 2022-2033
Figure 15: Mexico Biopesticides and Biofertilizers Market, $Million, 2022-2033
Figure 16: Germany Biopesticides and Biofertilizers Market, $Million, 2022-2033
Figure 17: U.K. Biopesticides and Biofertilizers Market, $Million, 2022-2033
Figure 18: France Biopesticides and Biofertilizers Market, $Million, 2022-2033
Figure 19: Italy Biopesticides and Biofertilizers Market, $Million, 2022-2033
Figure 20: Spain Biopesticides and Biofertilizers Market, $Million, 2022-2033
Figure 21: Rest-of-Europe Biopesticides and Biofertilizers Market, $Million, 2022-2033
Figure 22: China Biopesticides and Biofertilizers Market, $Million, 2022-2033
Figure 23: Japan Biopesticides and Biofertilizers Market, $Million, 2022-2033
Figure 24: Australia and New Zealand Biopesticides and Biofertilizers Market, $Million, 2022-2033
Figure 25: India Biopesticides and Biofertilizers Market, $Million, 2022-2033
Figure 26: Indonesia Biopesticides and Biofertilizers Market, $Million, 2022-2033
Figure 27: Rest-of-Asia-Pacific Biopesticides and Biofertilizers Market, $Million, 2022-2033
Figure 28: South America Biopesticides and Biofertilizers Market, $Million, 2022-2033
Figure 29: Middle East and Africa Biopesticides and Biofertilizers Market, $Million, 2022-2033
Figure 30: Strategic Initiatives, 2020-2023
Figure 31: Share of Strategic Initiatives
Figure 32: Data Triangulation
Figure 33: Top-Down and Bottom-Up Approach
Figure 34: Assumptions and Limitations
Global Biopesticides and Biofertilizers Market Report Coverage:
Global Biopesticides and Biofertilizers Market |
|||
Base Year |
2022 |
Market Size in 2023 |
$6,906.7 Million |
Forecast Period |
2023-2033 |
Value Projection and Estimation by 2033 |
$22,463.3 Million |
CAGR During Forecast Period |
12.52% |
Number of Pages |
148 |
Number of Tables |
90 |
Number of Figures | 34 |
Key Market Players and Competition Synopsis in the Biopesticides and Biofertilizers Market
The companies in the biopesticides and biofertilizers market that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.
Some of the prominent names in the biopesticides and biofertilizers market are:
• Novozymes
• Symborg
• Kiwa Bio-Tech Products Group Corporation
• Vegalab SA
• UPL
• Lallemand Inc.
• T.Stanes and Company Limited
• Chr. Hansen Holding A/S
• AgriLife (India) Private Limited
• Syngenta
• Certis USA L.L.C.
• Andermatt Group AG
• Gujarat State Fertilizers & Chemicals Limited (GSFC)
• Biolchim SPA
• Biobest Group
Companies that are not a part of the aforementioned pool have been well represented across different sections of the report (wherever applicable).
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader understand the different applications of the biopesticides and biofertilizers available based on crop type (cereals and grains, oil seeds and pulses, fruits and vegetables, and others), product type (biofertilizers (nitrogen fixing, phosphate stabilizers, and others) and (biopesticides (bioinsecticides, biofungicides, bioherbicides, and others)), source (microorganism (bacteria (Rhizobium, Azotobacter, Azospirillum, and others), fungi, and others), plant-incorporated protectants, and biochemical) formulation (solid and liquid). The market is poised for significant expansion with ongoing technological advancements, increased investments, and growing awareness of biopesticides and biofertilizers. Therefore, the biopesticides and biofertilizers market is a high-investment and high-revenue generating model.
Growth/Marketing Strategy: The biopesticides and biofertilizers market has been growing at a rapid pace. The market offers enormous opportunities for existing and emerging market players. Some of the strategies covered in this segment are mergers and acquisitions, product launches, partnerships and collaborations, business expansions, and investments. The strategies preferred by companies to maintain and strengthen their market position primarily include product development and partnerships and collaborations.
Competitive Strategy: The key players in the biopesticides and biofertilizers market analyzed and profiled in the study include biopesticides and biofertilizers manufacturers. Additionally, a comprehensive competitive landscape such as partnerships, agreements, and collaborations are expected to aid the reader in understanding the untapped revenue pockets in the market.
Research Methodology
Factors for Data Prediction and Modeling
• The scope of this report has been focused on biopesticides and biofertilizers only.
• The base currency considered for the market analysis is US$. Currencies other than the US$ have been converted to the US$ for all statistical calculations, considering the average conversion rate for that particular year.
• The currency conversion rate has been taken from the historical exchange rate of the Oanda website.
• Nearly all the recent developments from January 2020 to December 2023 have been considered in this research study.
• The information rendered in the report is a result of in-depth primary interviews, surveys, and secondary analysis.
• Where relevant information was not available, proxy indicators and extrapolation were employed.
• Any economic downturn in the future has not been taken into consideration for the market estimation and forecast.
• Technologies currently used are expected to persist through the forecast with no major breakthroughs in technology.
Market Estimation and Forecast
This research study involves the usage of extensive secondary sources, such as certified publications, articles from recognized authors, white papers, annual reports of companies, directories, and major databases to collect useful and effective information for an extensive, technical, market-oriented, and commercial study of the global biopesticides and biofertilizers market.
The process of market engineering involves the calculation of the market statistics, market size estimation, market forecast, market crackdown, and data triangulation (the methodology for such quantitative data processes is explained in further sections). The primary research study has been undertaken to gather information and validate the market numbers for segmentation types and industry trends of the key players in the market.
Primary Research
The primary sources involve industry experts from the biopesticides and biofertilizers market and various stakeholders in the ecosystem. Respondents such as CEOs, vice presidents, marketing directors, and technology and innovation directors have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.
The key data points taken from primary sources Include:
• validation and triangulation of all the numbers and graphs
• validation of reports segmentation and key qualitative findings
• understanding the competitive landscape
• validation of the numbers of various markets for market type
• percentage split of individual markets for geographical analysis
Secondary Research
This research study involves the usage of extensive secondary research, directories, company websites, and annual reports. It also makes use of databases, such as Hoovers, Bloomberg, Businessweek, and Factiva, to collect useful and effective information for an extensive, technical, market-oriented, and commercial study of the global market. In addition to the aforementioned data sources, the study has been undertaken with the help of other data sources and websites, such as EPA and USDA.
Secondary research was done in order to obtain crucial information about the industry’s value chain, revenue models, the market’s monetary chain, the total pool of key players, and the current and potential use cases and applications.
The key data points taken from secondary research include:
• segmentations and percentage shares
• data for market value
• key industry trends of the top players of the market
• qualitative insights into various aspects of the market, key trends, and emerging areas of innovation
• quantitative data for mathematical and statistical calculations
Global Biopesticides and Biofertilizers Market Overview
The biopesticides and biofertilizers market was valued at $6,906.7 million in 2023, and it is expected to grow at a CAGR of 12.52% and reach $22,463.3 million by 2033. Biopesticides and biofertilizers are poised to revolutionize agricultural practices by offering several advantages over conventional chemical inputs. These bio-based alternatives require fewer resources and can potentially mitigate pollution and soil degradation associated with traditional agriculture. Research suggests that biopesticides and biofertilizers produced using sustainable methods could substantially reduce environmental impacts, with greenhouse gas emissions potentially decreasing. Furthermore, the adoption of bio-based solutions could lead to a reduction in antibiotic usage, thus lowering the risk of foodborne illnesses and promoting healthier ecosystems. As the market for sustainable agriculture continues to expand, biopesticides and biofertilizers are positioned to play a crucial role in meeting the growing demand for environment-friendly farming practices.
Introduction of Biopesticides and Biofertilizers
The market study on biopesticides and biofertilizers market conducted by BIS Research considered biopesticides to be naturally derived substances or microorganisms used for controlling pests, diseases, or weeds in agriculture. They include living organisms such as bacteria, fungi, viruses, or botanical extracts and are employed as alternatives to traditional chemical pesticides. On the other hand, biofertilizers are formulations containing living microorganisms such as bacteria, fungi, or algae, which enhance the fertility and nutrient availability in the soil. These microorganisms form symbiotic relationships with plants, aiding nutrient absorption and promoting plant growth. Both biopesticides and biofertilizers play a crucial role in eco-friendly and sustainable agricultural systems, aligning with the principles of integrated pest management (IPM) and organic farming. Their use aims to reduce reliance on synthetic pesticides and fertilizers, fostering a more balanced and environment-friendly approach to agriculture.
Market Introduction
The biopesticides and biofertilizers market has witnessed significant growth due to a rising emphasis on sustainable agriculture. Biopesticides, derived from natural sources, offer eco-friendly pest control solutions, reducing environmental impact. Biofertilizers, comprising beneficial microorganisms, enhance soil fertility and nutrient absorption in plants. This market surge is fueled by increasing awareness about the adverse effects of chemical inputs on ecosystems and human health. With a growing demand for organic produce, the adoption of biopesticides and biofertilizers is poised for continued expansion, contributing to a more environment-friendly and sustainable approach to modern agriculture.
Industrial Impact
The biopesticides and biofertilizers market signifies a profound industrial impact across various sectors. These bio-based alternatives offer a sustainable solution to conventional chemical products, reducing environmental harm and promoting ecosystem health. By curbing soil and water contamination, diminishing energy consumption, and preserving biodiversity, biopesticides and biofertilizers foster a more sustainable agricultural landscape. Moreover, their reduced toxicity levels ensure safer working environments for farmers and healthier food for consumers. The biopesticides and biofertilizers market fosters innovation in biotechnology, driving research and development toward more effective formulations and application methods. Regulatory frameworks are essential to ensure product safety and compliance standards. Overall, the rise of biopesticides and biofertilizers marks a transition toward environmentally conscious agriculture, laying the groundwork for a more resilient and sustainable food system.
The key players operating in the biopesticides and biofertilizers market include Novozymes, Symborg, Kiwa Bio-Tech Products Group Corporation, Vegalab SA, UPL, Lallemand Inc., T. Stanes and Company Limited, Chr. Hansen Holding A/S, AgriLife (India) Private Limited, Syngenta, Certis USA L.L.C., Andermatt Group AG, Gujarat State Fertilizers & Chemicals Limited (GSFC), Biolchim SPA, and Biobest Group, among others. These companies are focusing on strategic partnerships, collaborations, and product launches to enhance their product offerings and expand their market presence in the biopesticides and biofertilizers industry.
Market Segmentation:
Segmentation 1: by Crop Type
• Cereals and Grains
• Oilseeds and Pulses
• Fruits and Vegetables
• Others
Cereals and Grains to Dominate the Global Biopesticides and Biofertilizers Market (by Crop Type)
In 2022, the biopesticides and biofertilizers market was predominantly led by the cereals and grains crop type. Cereals and grains, being staple crops worldwide, have witnessed increased adoption of bio-based solutions due to their crucial role in food security and the need to reduce the environmental impact of farming. In cereal production, biopesticides based on Bacillus thuringiensis (Bt) and biofertilizers rich in nitrogen-fixing bacteria are becoming more popular for managing pests such as corn borers and boosting soil fertility, respectively. For instance, the widespread use of biofungicides containing Trichoderma spp. in controlling fungal diseases in cereal crops showcases the efficacy of biopesticides. The emphasis on sustainable intensification in cereal production, coupled with the desire to minimize synthetic chemical inputs, has driven the preference for biopesticides and biofertilizers in the cereals & grains segment, positioning it as a leader in the biopesticides and biofertilizers market.
Segmentation 2: by Product Type
• Biofertilizers
o Nitrogen Fixing
o Phosphate Stabilizers
o Others
• Biopesticides
o Bioinsecticides
o Biofungicides
o Bioherbicides
o Others
Biopesticides to Dominate the Global Biopesticides and Biofertilizers Market (by Product Type)
In 2022, biopesticides emerged as the leading category in the biopesticides and biofertilizers market, signifying a significant shift toward sustainable and eco-friendly pest management practices. The heightened global awareness of the environmental and health hazards associated with chemical pesticides has driven the demand for biopesticides. These products, derived from natural sources such as bacteria, fungi, and plant extracts, offer effective pest control while minimizing ecological impact. Government regulations promoting the use of bio-based solutions, coupled with consumer preferences for organic produce, have further propelled the use of biopesticides. As the agriculture industry continues to prioritize sustainability, biopesticides are poised to dominate the market, showcasing a paradigm shift toward safer and more environmentally responsible pest control methods.
Segmentation 3: by Source
• Microorganism
o Bacteria
o Fungi
o Others
• Plant-Incorporated Protectants
• Biochemical
Microorgansim to Dominate the Global Biopesticides and Biofertilizers Market (by Source)
Microorganisms, including bacteria, fungi, and viruses, play a pivotal role in the development of biopesticides and biofertilizers due to their natural ability to control pests and enhance soil fertility. Bacillus thuringiensis (Bt), a bacterium widely utilized in biopesticides, produces toxins lethal to certain insect pests, offering an environment-friendly alternative to chemical insecticides. Furthermore, nitrogen-fixing bacteria such as Rhizobium are extensively used in biofertilizers to enhance soil fertility, especially in leguminous crops. The emphasis on harnessing the biological potential of microorganisms aligns with the global push toward sustainable agriculture. Therefore, owning to these factors, microorganism sources led the biopesticides and biofertilizers market in 2022.
Segmentation 4: by Formulation
• Liquid
• Solid
Liquid to Dominate the Global Biopesticides and Biofertilizers Market (by Formulation)
In 2022, the liquid form led the biopesticides and biofertilizers market. The popularity of liquid formulations can be attributed to their ease of application, efficient absorption, and convenient integration into existing farming practices. Liquid biopesticides offer farmers a flexible and straightforward method for pest management, ensuring thorough coverage of crops. Likewise, liquid biofertilizers containing beneficial microorganisms, enzymes, or nutrients present a user-friendly approach to enhancing soil fertility. The convenience of application through irrigation systems further contributes to the appeal of liquid forms in the biopesticides and biofertilizers market.
Segmentation 5: by Region
• North America: North America, U.S., Canada, and Mexico
• Europe: Germany, U.K., France, Italy, Spain, and Rest-of-Europe
• Asia-Pacific: China, Japan, Australia and New Zealand, India, Indonesia, and Rest-of-Asia-Pacific
• Rest-of-the-World: South America and Middle East and Africa
North America led the global biopesticides and biofertilizers market in 2022 owing to a combination of factors that underscore the region's commitment to sustainable agriculture. Stringent regulations on chemical pesticide and fertilizer usage in the U.S. and Canada have driven farmers to adopt eco-friendly alternatives, contributing to the market's growth. Additionally, heightened awareness among North American consumers about the environmental and health impacts of synthetic inputs has led to an increased demand for organic produce, compelling farmers to embrace biopesticides and biofertilizers. Government initiatives and support for sustainable agriculture practices, such as the Organic Certification Program in the U.S., have incentivized the adoption of bio-based solutions.
Recent Developments in the Global Biopesticides and Biofertilizers Market
• In September 2023, Biobest Group N.V., in collaboration with Aqua Capital, GIC, and Biotrop management, finalized a binding agreement for Biobest's acquisition of Biotrop Participações s.a. This strategic decision may bring about several implications for the involved companies, potentially influencing their market positioning and activities in the biopesticides and biofertilizers market.
• In August 2023, Bionema Group Ltd., a leading U.K.-based developer and manufacturer specializing in biocontrol technology, biostimulants, and biofertilizers, unveiled a new range of biofertilizer products designed for various uses across the country. These applications encompass agriculture, horticulture, forestry, sports turf, and amenities. The fresh line comprises four biofertilizers, each containing live microbes. These microbes play a crucial role in enhancing plant nutrition by either mobilizing or increasing the accessibility of nutrients in soils and substrates.
• In May 2023, Renaissance BioScience Corp., a leading figure in bioengineering for the global agriculture and food industries, announced that its request for a field study had been authorized by the Pest Management Research Agency (PMRA) of the Canadian government. The approval is related to the company's groundbreaking RNA interference (RNAi) biopesticide delivery technology, recognized for its environmentally friendly and sustainable features.
• In November 2022, Taiwan successfully developed a biopesticide devoid of toxins, offering protection against stubborn pests. The country is poised to be the first to undertake large-scale production of this innovative product. The achievement signifies a significant step forward in agricultural innovation and pest management for Taiwan in the biopesticides and biofertilizers market.
Demand - Drivers, Limitations, and Opportunities
Market Demand Drivers: Increase in Demand for Organic Food Due to Growing Awareness of the Adverse Impacts of Chemical Pesticides and Fertilizers on Human Health and Environment
Organic farming is gaining increased advocacy as an optimal alternative to conventional techniques, aiming to minimize the overall environmental impact. According to the Organic Trade Association, in 2022, sales of organic food in the U.S. surpassed $60 billion for the first time, marking yet another significant milestone for the resilient organic industry. Significant growth in the organic food industry worldwide is projected to fuel the growth of the biopesticides and biofertilizers market.Moreover, according to the United Nations Environment Programme Report 2022, the negative impacts of pesticides on human health encompass both immediate and prolonged effects. Approximately 385 million instances of non-fatal unintentional pesticide poisoning and around 11,000 fatalities occur annually. Additionally, there are 1 to 2 million cases of self-poisoning each year, leading to approximately 168,000 deaths. Scientific evidence highlights significant links between occupational or residential exposure to specific pesticide groups (or pesticides in general) and various adverse health outcomes, including cancers, neurological disorders, immunological issues, and reproductive effects. Exposure to pesticides during pregnancy or childhood has been linked to childhood leukemia. While existing data on pesticide residues in food suggests low dietary risks, the broader spectrum of health concerns associated with pesticide exposure remains substantial.
While direct human health effects from fertilizers are infrequent, they can be severe during specific stages of the fertilizer life cycle. Instances of such impacts may include inhaling ammonia and dust particles from manure. Although storage and transport accidents are uncommon, when they do occur, they can lead to substantial loss of human life. For example, the incident in Tianjin, China, in 2015 resulted in 173 fatalities, and the incident in Beirut, Lebanon, in 2020, claimed 220 lives.
As biopesticides and biofertilizers are chemical-free, they do not have any residual effect that harms humans, animals, or the environment. Hence, the biopesticides and biofertilizers market demand is increasing with the growing popularity of organic foods.
Market Challenges: Technological Limitations for the Use of Biological Products
Biological products are prone to contamination and have a short or limited shelf life. According to an article published in the International Journal of Pharmaceutical & Biological Archives, one of the main issues with agricultural inoculation technology is the ability of microorganisms to survive storage. The other problematic parameters that affect the shelf life of inoculants are water activity, exposure to sunlight, culture mediums, the physiological state of the microorganisms when harvested, and temperature maintenance during storage. The compatibility of microbial inoculants with other agricultural products, such as chemical fungicides and herbicides, presents another issue with their use in the soil.
The following are some of the main technological barriers to the use of biological products:
• Using ineffective and inappropriate strains for production
• Insufficient technical, skilled, and experienced staff
• The lack of superior carrier materials or the usage of alternative materials by manufacturers without verifying the material's quality
• Limited shelf life as a result of numerous biotic and abiotic stress factors
Moreover, products containing biofertilizers have a short shelf life and are highly contaminated. The microorganisms used as biofertilizers become nonviable when exposed to high temperatures. Therefore, it's essential to keep them in a cool, dry environment. The primary challenge with agricultural inoculation technology is the survival of microorganisms during storage; additional challenges stem from various factors such as culture medium, harvesting microorganisms' physiological state, dehydration process, drying rate, temperature maintenance during storage, and water activity of inoculants. These challenges affect the microorganisms' shelf life.
Ongoing research and development are necessary to enhance the performance of biological products. However, challenges in funding, expertise, and understanding the complex interactions within ecosystems can slow down progress.
Addressing these technological limitations is crucial for the broader adoption of biopesticides and biofertilizers, ensuring they become more competitive alternatives to traditional chemical-based solutions in modern agriculture.
Market Opportunities: Growth Opportunities in Developing Regions such as Asia-Pacific and Rest-of-the-World
An opportunity in the biopesticides and biofertilizers market lies in the potential for growth in developing regions, particularly in areas such as Asia-Pacific and the Rest-of-the-World (RoW). These regions present favorable conditions for the expansion of the bio-based agricultural solutions market.
Food and Agriculture Statistics (FAOSTAT) reports that the U.S., Brazil, China, and Argentina are now the world's top pesticide consumers. The increase in middle-class families, population growth, and disposable income have all contributed to the rise in food demand in these areas. As a result, to increase crop yields, pesticide use has increased. However, these areas now face serious problems with pollution, contaminated soil, and worries about the detrimental effects of chemical pesticides on the food chain. Governments are pushing for integrated pest management techniques as a solution to these issues.
Government organizations finance large-scale production and promote the use of biopesticides by enacting advantageous regulatory policies and offering subsidies in nations such as China and India, where farmers generally own smaller landholdings and struggle financially. Over in South America, a similar trend is noted. Owing to low entry barriers and a comparatively small number of producers, the biopesticides market in these regions offers opportunities for new players. Significant agricultural industry participants are currently making investments in these regions' developing markets. In the Asia-Pacific and South American regions, biopesticide consumption is predicted to rise as farmer awareness of the advantages of applying these pesticides develops.
In developing nations, particularly those in Southeast Asia, the use of pesticides in agriculture is rising quickly. According to WHO data, the percentage of pesticides used in developing nations is 20%, and this percentage is rising. According to reports, Vietnam's imports of pesticides have increased by 10%, Laos's by 55%, and Cambodia's by 61% annually.
Analyst View
According to Debraj Chakraborty, Principal Analyst, BIS Research, “The biopesticides and biofertilizers market is likely to grow multi-fold in the coming years, owing to the rapidly growing demand for sustainable agriculture, increasing awareness of the environmental impact of chemical inputs, and increasing demand for organic produce. This increased interest aligns with increasing environmental awareness, shifting consumer preferences, and advancements in bio-agriculture, creating a favorable landscape for the widespread acceptance and expansion of the biopesticides and biofertilizers market. Moreover, substantial investments in the biopesticides and biofertilizers market further reinforce its growth potential. As investors recognize the economic and environmental benefits of biopesticides and biofertilizers, increased funding is facilitating research, development, and scaling of production processes. The biopesticides and biofertilizers market is expected to witness significant growth in the coming years, and the key players in the market are focused on strategic partnerships, collaborations, mergers, and acquisitions to expand their market presence and enhance their product offerings.”
Global Biopesticides and Biofertilizers Market
A Global and Regional Analysis, 2023-2033
Frequently Asked Questions
Ans: The market study conducted by BIS Research considered the definition of biopesticides to be naturally derived substances or microorganisms used for controlling pests, diseases, or weeds in agriculture. They include living organisms such as bacteria, fungi, viruses, or botanical extracts and are employed as alternatives to traditional chemical pesticides. On the other hand, biofertilizers are formulations containing living microorganisms such as bacteria, fungi, or algae, which enhance the fertility and nutrient availability in the soil. These microorganisms form symbiotic relationships with plants, aiding in nutrient absorption and promoting plant growth.
Ans: The key business opportunities in the biopesticides and biofertilizers market are growth opportunities in developing regions such as Asia-Pacific and Rest-of-the-World, and the adoption of nano-biopesticides and cutting-edge genetic engineering technology presents significant opportunities.
Ans: The biopesticides and biofertilizers market is poised to grow over time, compelling companies to come up with collaborative strategies to sustain themselves in the intensely competitive market. Companies with an identical product portfolio with a need for additional resources often partner and come together for joint venture programs, which help the companies gain access to one another’s resources and facilitate them to achieve their objectives faster.
Ans: A new entrant can focus on partnering with the existing biopesticides and biofertilizers market. Also, start-ups can focus on funding, launching new innovative products, and expanding their sales and distribution networks.
Ans: The following are some of the USPs of this report:
• A dedicated section focusing on the trends adopted by the key players operating in the biopesticides and biofertilizers market
• Competitive landscape of the companies operating in the ecosystem offering a holistic view of the biopesticides and biofertilizers market landscape
• Qualitative and quantitative analysis of the biopesticides and biofertilizers market at the region and country level and granularity by application and product segments
• Supply chain and value chain analysis
Ans: Biopesticide and biofertilizer manufacturers, government agencies, agrochemical companies, farmers and growers, and investors can buy this report.