Biopesticides market to grow to $25.82 billion by 2032 with 14.07% CAGR

From GlobeNewswire: 2025-03-27 10:00:00

Biopesticides market valued at $7.75 billion in 2023, expected to reach $25.82 billion by 2032 with 14.07% CAGR. Growth driven by organic farming, government support, and demand for sustainable agriculture solutions. Companies investing in R&D for innovative biopesticide solutions. North America dominates market with a 39.7% share in 2023. Marrone Bio Innovations expands distribution network in North America in 2023, benefiting from EPA’s rapid approvals for biopesticides. Government incentives and consumer demand for organic produce also drive market growth. Syngenta partners with Lavie Bio in April 2024 to develop AI-driven biopesticides, aiming to enhance global crop protection solutions.

The biopesticides market report covers key points such as market segmentation by source, type, formulation, crop type, and mode of application. It also includes a competitive landscape, regional analysis, company profiles, and use cases. Buyers can access the full research report to make informed decisions in the evolving market landscape.

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