Global Biogenic Pesticide Market size to increase by USD 9,226.70 Million by 2030 |Novozymes A/S, Nufarm (Australia),Biobest NV (Belgium)

Market Overview:
The Global Biogenic Pesticide Market size was valued at USD 3,700.00 Million in 2022 and is projected to reach USD 9,226.70 Million by 2030, growing at a CAGR of 12.10% from 2022 to 2030.

Biogenic pesticides are compounds that are used to control agricultural pests via distinct biological effects. It refers to products containing biocontrol agents or compounds derived from live organisms, such as natural species. Biogenic pesticides are less harmful to people and the environment than chemicals or pesticides made from chemicals. Two of the primary advantages of utilizing biogenic insecticides to treat agricultural pests are environmental safety and host specificity. In comparison to conventional pesticides, the costs of developing and certifying a biogenic pesticide are significantly cheaper.

Major Key Players in Biogenic Pesticide market are:
Novozymes A/S (Denmark),Nufarm (Australia),Biobest NV (Belgium),Isagro S.P.A (Italy),Marrone Bio Innovations (US),Vegalab S.A (US),BASF SE (Germany),Andermatt Biocontrol AG (Switzerland),Bayer AG (Germany),Koppert Biological Systems (Netherlands),UPL Limited (India),STK Bio-Ag Technologies (Israel),Certis Biologicals (US),Bionema (UK),FMC Corporation (US),Bioworks Inc. (US),SOM Phytopharma India Ltd. (India),Valent Biosciences LLC (US),Syngenta AG (Switzerland),IPL Biologicals Ltd. (India), Other Major Players.

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Market Dynamics:
Driver:
The process of generating a new synthetic pesticide is time-consuming, expensive, and necessitates substantial investment in research and development. It might take years. Biogenic pesticides are less expensive to develop and manufacture since they are derived from natural sources such as bacteria, fungi, and plants. Furthermore, customers who are increasingly concerned about agriculture's environmental impact find biogenic pesticides appealing because they are generally seen as more sustainable and environmentally benign than synthetic pesticides.

Opportunities:
The detrimental consequences of chemical pesticides on human health and the environment have raised public awareness in recent years, leading greater regulations and restrictions on their usage. Biogenic pesticides, which are derived from natural sources and are generally seen as more secure and less harmful to the environment, are strategically placed to take advantage of this trend. New synthetic pesticide products may encounter entry hurdles as a result of tougher chemical pesticide restrictions, making it more difficult and costly for enterprises to develop and market these products. This may provide biogenic pesticide producers an advantage, as they may have a less complex administrative road and may offer a cleverer and more cost-effective alternative.

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Market segmentation:
By Type
• Microbial Pesticides
• Biochemical Pesticides
• Plant-Incorporated-Protectants
• Others
By Application
• Insect Control
• Weed Control
• Plant Disease Control
• Others

Regional Analysis of The Biogenic Pesticide Market
North America is Expected to Dominate the Market Over the Forecast Period.
The North American locale, especially the US, has serious areas of strength for an advanced farming industry that depends vigorously on pesticides. Biogenic pesticides have acquired prevalence around here as they offer a more secure and more practical option in contrast to engineered pesticides.
By Region:
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

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Key Industry Developments in the Biogenic Pesticide Market
• In June 2022, an agricultural science and production company, BioPhero ApS, has acquired by an agricultural sciences company. The procurement adds naturally created cutting-edge pheromone bug control innovation to FMC's item portfolio and Research and development pipeline, highlighting FMC's role as a leader in conveying imaginative and practical crop protection solutions
• In August 2022, BASF and Corteva Agriscience reported a drawn-out cooperation to foster new soybean weed control answers for farmers all over the world. As a result of their agreement to jointly develop complementary herbicide technologies and cross-license soybean traits, the two businesses are now able to provide innovative solutions for soybean weed management.

Table of content:
Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By By Type
 3.2 By Application

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

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Chapter 5: Biogenic Pesticide Market by By Type
 5.1 Biogenic Pesticide Market Overview Snapshot and Growth Engine
 5.2 Biogenic Pesticide Market Overview
 5.3 Microbial Pesticides
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2030F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Microbial Pesticides: Geographic Segmentation
 5.4 Biochemical Pesticides
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2030F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Biochemical Pesticides: Geographic Segmentation
 5.5 Plant-Incorporated-Protectants
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2030F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Plant-Incorporated-Protectants: Geographic Segmentation
 5.6 Others
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2030F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Others: Geographic Segmentation

Chapter 6: Biogenic Pesticide Market by Application
To be continued….

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