Market Size of Bacterial Biopesticides Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 12.80 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Europe |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Bacterial Biopesticide Market Analysis
The global bacterial biopesticides market is projected to register a CAGR of 12.8% during the forecast period.
Organic farming represents a unique, fast growing segment of the food industry. In terms of emerging technologies, various factors alternately drive and inhibit the growth of bacterial biopesticides. Microbial pesticides are less harmful than synthetic pesticides, they typically affect only the target pest and other organisms closely related to it, as against broad-spectrum conventional pesticides, which can be harmful to other organisms, such as birds, insects, and mammals. Moreover, attributes of ease of handling, like low-to-no re-entry intervals and post-harvest intervals, are driving the adoption of bacterial biopesticides, mainly by serving as a stark alternative to the existing synthetic options, considering the restrictions over their usage.
Bacterial Biopesticide Industry Segmentation
Based on type, the global bacterial biopesticides market is segmented into bacillus thuringiensis, bacillus subtilis, pseudomonas fluorescens, and other types. Based on mode of application and crop type, the market is segmented into seed treatment, foliar spray, and other applications, and grains and cereals, pulses and oilseeds, commercial crops, fruits and vegetables, and other crop types, respectively. Furthermore, based on geography, the market studied is segmented into North America, Europe, Asia-Pacific, South America, and Africa, primarily to cover the key trends in the major countries.
By Type | |
Bacillus Thuringiensis | |
Bacillus Subtilis | |
Pseudomonas Fluorescens | |
Other Types |
By Mode of Application | |
Seed Treatment | |
Foliar Application | |
Other Applications |
By Crop Type | |
Grains and Cereals | |
Pulses and Oilseeds | |
Commercial Crops | |
Fruits and Vegetables | |
Other Crop Types |
By Geography | |||||||||
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Bacterial Biopesticides Market Size Summary
The bacterial biopesticides market is experiencing significant growth, driven by the increasing demand for organic farming and the need for sustainable agricultural practices. These biopesticides offer a less harmful alternative to synthetic pesticides, targeting only specific pests and minimizing impact on non-target organisms. The ease of handling and reduced re-entry and post-harvest intervals further enhance their appeal. The fruit and vegetable segment, particularly strawberries and tomatoes, dominates the market due to rising consumer awareness about pesticide residues in fresh produce. This segment's growth is supported by the expansion of certified organic farming globally, despite the current price premiums not fully compensating for potential yield losses.
The Asia-Pacific region, led by India and China, is anticipated to witness the fastest growth in demand for bacterial biopesticides. This growth is fueled by increasing consumer awareness of synthetic pesticide residues and the region's substantial organically cultivated area. The market is characterized by fragmentation, with major multinational companies like Marrone Bio Innovations Inc. competing with regional and local players. These companies, along with numerous small and mid-sized firms, are actively expanding their product portfolios and research efforts to capitalize on the growing demand for biological pest control solutions.
Bacterial Biopesticides Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Bacillus Thuringiensis
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2.1.2 Bacillus Subtilis
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2.1.3 Pseudomonas Fluorescens
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2.1.4 Other Types
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2.2 By Mode of Application
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2.2.1 Seed Treatment
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2.2.2 Foliar Application
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2.2.3 Other Applications
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2.3 By Crop Type
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2.3.1 Grains and Cereals
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2.3.2 Pulses and Oilseeds
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2.3.3 Commercial Crops
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2.3.4 Fruits and Vegetables
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2.3.5 Other Crop Types
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2.4 By Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.1.4 Rest of North America
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Spain
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2.4.2.5 Russia
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2.4.2.6 Italy
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2.4.2.7 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 India
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2.4.3.3 Japan
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2.4.3.4 Australia
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2.4.3.5 Rest of Asia-Pacific
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2.4.4 South America
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2.4.4.1 Brazil
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2.4.4.2 Argentina
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2.4.4.3 Rest of South America
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2.4.5 Africa
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2.4.5.1 South Africa
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2.4.5.2 Rest of Africa
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Bacterial Biopesticides Market Size FAQs
What is the current Bacterial Biopesticides Market size?
The Bacterial Biopesticides Market is projected to register a CAGR of 12.80% during the forecast period (2024-2029)
Who are the key players in Bacterial Biopesticides Market?
BioWorks, Inc., Marrone Bio Innovations, Hebei Veyong Bio-Chemical Co. Limited, Camson Bio Technologies Limited and Koppert Biological Systems are the major companies operating in the Bacterial Biopesticides Market.