Biopesticides are employed in environmentally friendly insect control, managing plant diseases, treating seeds, and amending soil. One of the main factors driving market expansion is the intense pressure placed on farmers to drastically cut back or completely stop using pesticides in crop production systems due to the negative impacts of pesticide residues on human health and the environment. In addition, various government agencies, including the Environmental Protection Agency (EPA), are working to develop "safer pesticides." The EPA's current policy is to make it easier to test and register pesticides that have "reduced risks." Over the course of the projection period, such initiatives may have a substantial impact on market size.
The global Biopesticides Market size is expected to witness potential gains in the future, and register a significant CAGR of 15.92% over the forecast period (2019 - 2027).
Key Companies in the Biopesticides Industry:
1. Valent BioSciences Corporation
Thermo Fisher Scientific, Incwas founded in 1999 and its headquarter in Libertyville, Illinois, United States.The company operates in 40 countries.In 2023 Valent BioSciences LLC announces its acquisition of FBSciences Holdings, Inc., a leader in the discovery and commercialization of naturally
2. Certis (US)
GE HealthCare was launch in 1996. And its headquarter - Columbia, Maryland, , United States. It operate over 18 country.
3. Marrone Bio Innovations
Marrone Bio Innovations,was launch in 2006 and it’s headquarter located in Davis, California, United States, United States..it operate over 50 country . 2019 — Marrone Bio announces transformative acquisition of Pro Farm Technologies in the $4.6 billion seed- and soil-treatment market.
4. Bioworks
Bioworks, was launch in 1993 and it’s headquarter located in Boston, Massachusetts, United States. It operate over 18+ country.In Biobest Group, a worldwide leader in biological control and pollination, signed a letter of intent to acquire BioWorks, Inc
5. FMC Corporation
FMC Corporation. Founded in 1883, its headquarters located in Philadelphia, Pennsylvania, United States. With businesses in over 50 countries..
6. Stockton Group.
Stockton Group was launch 1994 and its headquarter HaMerkaz, Israel .. It operate over 30 country.
7. BASF
BASF Founded in 1865. Its headhunters Ludwigshafen, Germany. With businesses in over 91 countries. In 2021, BASF and AgBiome have recently entered into an agreement to introduce a new biological fungicide to the European market
*Definition:- Biopesticides are derived from natural materials such as plants, bacteria, fungi, and virus. There are three major types of biopesticides: biochemical pesticides, microbial pesticides, and plant-incorporated-protectants (PIPs)..
