Biological Pesticide Market Registering a Strong Growth by 2025
Global Industry Analysis
The Biological Pesticide Market is growing rapidly as an increasingly viable alternative to traditional chemical pesticides. Biological pest control solutions, such as the use of natural predators, are proving to be a safe, effective and sustainable way to protect crops from disease-causing organisms.
Biopesticides, also known as biological pesticides, are used to control a variety of insects and to combat disease-causing viruses. Bioinsecticides, biofungisides, and bionematicides are some of the different types of biopesticides. The advantages of using biopesticides in agricultural and public health initiatives are substantial.
Because biopesticides are more environmentally friendly than chemical pesticides, their use is spreading throughout the world. Biopesticides are believed to be relatively safer for non-target creatures, including humans, because they are target-specific. Since it is quite simple to register biopesticides, most nations have switched from chemical pesticides to biopesticides.
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The main application of biopesticides is against various plant diseases. These pesticides work much like chemical pesticides, except that chemical pesticides cause damage to the environment and leave residues on plants. These settled residues, if ingested by people or animals, can have dangerous effects on them.
One of the fastest growing areas for biopesticides involves their use in seed treatment and soil amendment. These biopesticides find use primarily on garden crops, forage crops, and field crops, including corn and soybeans. Conventional farmers generally use biopesticides as resistant management tools.
Organic farmers use biopesticides to control pests and diseases, while urban homeowners use biopesticides to reduce dangerous exposure to children and pests. Recently, government agencies are also using biopesticides for pest mitigation and eradication.
The advantages of using biopesticides are that their harmful residues are not detected after use and they have no harmful effects on the environment, they are cheap compared to chemical fertilizers, they are much more effective when used on crops compared to pesticides chemicals.
They are the most widely accepted and used due to their biodegradable nature. Certain disadvantages, which may restrict the market for biopesticides, include their slow action on crops. They do not show a consistent efficiency, it varies according to the influence of biotic or abiotic factors. Once used on crops, if the insect is not eradicated or rendered unable to reproduce, then the living population of that insect may acquire tolerance to the same biopesticides, rendering further use useless.
The main drivers of the biopesticides market include the switch from other crops to organic crops, which requires the use of biopesticides. Global consumer demand for biopesticides is continuously increasing. The market for chemical pesticides is in continuous decline due to strict regulations passed against their use due to the damage caused to the environment. These regulations occur specifically in Europe and America where the use of biopesticides as a substitute is widely accepted.
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Key market segments include North America, Asia Pacific, Europe, and the Rest of the World (RoW). The demand for chemical-free crops and organic farming in North America and Western Europe increases the use of biopesticides in those countries, as there are strict regulations against the use of chemical pesticides, especially in these countries, the EU and the FDA.
Biopesticide consumption is the highest in Europe and is expected to increase by a small margin in the coming years. Advances in biopesticide technology are likely to increase their demand in the US in the near future. Currently, the biopesticide is expected to increase in Latin American countries and Asia Pacific countries. The use of biopesticides in India is expected to increase, however, Indian farmers need to be aware of the use of these products to maximize their profits.
The main companies profiled for the manufacture of biopesticides include BASF SE, Henkel AG, Du Pont (EI) de Nemours, Dow Chemicals, Bayers AG among others.
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