Biopesticides comprise of certain types of pesticides that are derived from such natural materials as animals, plants, bacteria, and certain minerals. For example, canola oil and baking soda have pesticide applications and are considered as biopesticides.

On the basis of type, the biopesticides market is categorized into bioinsecticides, biofungicides, bioherbicides, bionematicides, and others.

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Based on crop type, the biopesticides market is categorized into grains & oilseeds, fruits & vegetables, others. The demand for biopesticides in fruits and vegetable category remained the highest during the historical period and also expected to contribute the highest share during the forecast period.

The increasing awareness regarding the hazardous chemical pesticides and growing demand for organic food is driving the growth of the global biopesticides market. The use of synthetic fertilizers consumption has drastically increased and developed several harmful effects on human health.

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The increasing growth in bio-control seed treatment solutions and the use of essential oil-based insecticides in organic agriculture is creating opportunities for the global biopesticides market. The plant essential oils are observing a broad spectrum of activity against pest insects and plant pathogenic fungi that are ranging from a repellent, insecticidal, antifeedant, growth regulatory and anti-vector activities.

Some of the key players operating in the global biopesticides industry are Bayer AG, BASF SE, The DOW Chemical Company, Monsanto Company, Marrone Bio Innovations Inc., Isagro SPA, Valent Biosciences Corporation, Certis Usa L.L.C., W. Neudorff GmbH Kg, Koppert B.V., Bioworks, Inc., and Camson Bio Technologies Limited.

Source: VynZ Research