REPORT ON BIOLOGICAL PESTICIDE MARKET

VIETNAM

Vietnam Biopesticides Market Size

Vietnam Biopesticides Market Analysis

The Vietnam Biopesticides Market is projected to register a CAGR of

9.03%

 Bioherbicides is the Largest Form : Bioherbicides are weed control

agents that are biological in nature. Bioherbicides contains invasive
genetics that can attack and kill the weeds' defense genetics.
 Bioinsecticides is the Fastest-growing Form : Bioinsecticides are
naturally occurring substances derived from various sources, highly
effective in small quantities, and only affect target pests with low
toxicity.
 Horticultural Crops is the Largest Crop Type : Horticultural crops
are consuming more biopesticides in their cultivation compared to
other crops, bioherbicides are the most consumed pesticides in the
horticultural sector.
 Cash Crops is the Fastest-growing Crop Type : Tea, tobacco,
rubber, pepper, cashews, soya beans, and coconut are major crops
grown in Vietnam. Biopesticides consumption value in cash crops
accounted for 35.5% in 2022.

Vietnam Biopesticides Market Trends

Bioherbicides is the largest Form

 Biopesticides are crop protection products that are safe to use and are
based on microorganisms, plant extracts, and other natural compounds.
They have a variety of appealing properties for integrated pest
management (IPM). Biopesticides encourage the growth of beneficial
microorganisms while controlling harmful pests. According to FAO,
agricultural pests cause up to 40.0% of crop loss annually.

 Bioherbicides dominate the biopesticides market in the country, and they

accounted for a share of 31.5% in 2022. In Vietnam, some genera used as
bioherbicides are Colletotrichum, Fusarium, Alternaria, Cercospora,
Puccinia, Entyloma, Ascochyta, and Sclerotinia.
 Agroecology policies are developed in Vietnam in order to promote
particular agroecological practices like agroforestry, integrated pest
management (IPM), integrated crop management (ICM), standardization of
agricultural practices organic production, food safety control, and
conservation and landscape agriculture policies.

 IPM and ICM are intended to assist farmers in understanding the field
ecology, using suitable farming techniques, managing the production
 system effectively, growing healthy crops, and using fewer pesticides and
fertilizers in fields. These policies are expected to propel the biopesticides
market in the country.

 Pesticide Action Network (PAN) Asia Pacific (PANAP) is a global

organization working to eliminate the harm that pesticide usage causes to
people and the environment and advance ecological agriculture based on
biodiversity. This program also raises awareness about the negative
consequences of pesticides, which is expected to increase the domestic
market value of biopesticides by 68.0% during the forecast period (2023-
2029).

Vietnam Biopesticides Industry Overview

The Vietnam Biopesticides Market is fragmented, with the top five

companies occupying 3.46%. The major players in this market are
Corteva Agriscience, Marrone Bio Innovations Inc., UPL, Valent
BioSciences LLC and Vipesco (sorted alphabetically).

Vietnam Biopesticides Market News

September 2018: Marrone Bio Innovations Inc., a leading provider of

bio-based pest management and plant health products for agriculture,
signed an exclusive distribution agreement with Hop Tri Investment
Corporation for three MBI products in Vietnam and Cambodia.

Vietnam Biopesticides Market Leaders

Vietnam Biopesticides Industry Segmentation

Biofungicides, Bioherbicides, Bioinsecticides are covered as segments
by Form. Cash Crops, Horticultural Crops, Row Crops are covered as
segments by Crop Type.

AUSTRALIA

Australia Biopesticides Market Size

Australia Biopesticides Market Analysis

The Australian Biopesticide Market is estimated to grow at a CAGR of

7.3% during the forecast period 2016-2020. Several countries are
adopting a stringent approach concerning the number of imports, with
a special focus on regulating the number of pesticide residues.

Australia Biopesticides Market Trends

Easy Registration Procedure

Given that biopesticides tend to pose fewer risks than chemical

pesticides, the EPA generally requires fewer data to register a
biopesticide than to register a chemical

pesticide. As a result, new biopesticides are often registered in less

than a year, compared to an average of more than three years for
chemical pesticides.

Australia Dominates the Market

Due to the presence of higher pesticide residues in food crops and

increasing pest resistance, developed countries are posing strict
regulations on the import of such crops. These regulations are
affecting the use of synthetic crop chemical applications on wheat
(major exported grain) and other crops in Australia. Also, Australia has
the worst weed resistance problem in the world, and many herbicides
are of no use in the country and in this scenario, biopesticides are the
only lucrative option or substitute. On the other hand, the increasing
popularity of broad-spectrum pesticides in Australia due to their cheap
prices and abundant market availability is hindering the use and large
scale adoption of biopesticides.

Australia Biopesticides Industry Overview

In the Australia biopesticide market, companies are not only competing

based on product quality and promotion but are also focused on
strategic moves, to hold larger market shares. New product launches,
partnerships, and acquisitions are the major strategies adopted by the
leading companies in the global biopesticide market. Companies are
investing heavily in developing new products and are collaborating and
acquiring other companies, which is expected to increase their market
shares and strengthen R&D activities. Along with innovations and
expansions, investing n R&D and developing bio-based product
portfolios are likely to be the crucial strategies over the forecast
period. Involvement in agreements, with other biopesticides and
technology providing companies, is one of the most prominent
strategies followed by market leaders in the global biopesticide
market.

Australia Biopesticides Market Leaders

Australia Biopesticides Industry Segmentation

According to EPA, “Biopesticides are certain types of pesticides,

derived from such natural materials as animals, plants, bacteria, and
certain minerals.” The present study takes into consideration both
microbial and organic pesticides. The market is broadly segmented
into bioinsecticide, bioherbicide, bio fungicide, and others. The report
presents a wide-ranging analysis of market share, size, and volume of
the biopesticide market on a global scale. The corporations in the
biopesticide market operate in B2B, as well as B2C, format. The
Australian Biopesticides Market is segmented by product(bioherbicides,
bioinsecticides, bio fungicides, others), by formulation ( liquid, dry), by
ingredient (microbial pesticide, plant biopesticide, biochemical
pesticide) and by application (grains & cereals, pulses & oilseeds, fruits
& vegetables, commercial crops, turf & ornamentals)

EUROPE

Europe Biopesticides Market Size

Europe Biopesticides Market Analysis
The Europe Biopesticides Market is projected to register a CAGR of
10.08%

 Biofungicides is the Largest Form : Bio fungicides is a formulation

applied to control the activity of plant pathogenic fungi that cause
plant diseases. Bio fungicides may be of microbial or botanical
origin.
 Bioinsecticides is the Fastest-growing Form : Bioinsecticides are
derived from fungi, bacteria, or plant extracts to combat pest
insects. Field crops dominated the bioinsecticides market with a
share of 77.9% in 2022.
 Row Crops is the Largest Crop Type : Wheat, maize, corn, barley,
and oats are the most important row crops grown in the European
 region. In 2022, biofungicides accounted for about 45.6% of the
market volume.
 France is the Largest Country : France is the largest market for
biopesticides in Europe. Biofungicides are the most consumed type
in crop cultivation with a volume share of 49.5% in the year 2022.

Europe Biopesticides Market Trends

Biofungicides is the largest Form

 Biopesticides are naturally occurring substances or agents derived from

animals, plants, insects, and microorganisms, including bacteria and fungi,
which are used to manage agricultural pests and infections. In 2022, the
European biopesticides market accounted for about 77.9% of the global
crop protection market by value.

 The European biopesticides market value increased by about 31.2%

during the historical period (2017-2022). The market value is anticipated
to increase by about 77.9% and reach USD 3.20 billion by the end of the
forecast period. While the prevalence of chemical or synthetic pesticides
in crop protection is continuing, human and animal health concerns are
playing key roles in driving the growth of biopesticides.

 The biopesticides market is dominated by field crops, which accounted for

a 78.6% share, valued at about USD 1.28 billion in 2022. The dominance
of field crops is mainly due to its large cultivation area in the region, which
accounted for about 81.2% of the total organic crop cultivation area in
2022.

 Biofungicides dominate the European biopesticides market. The segment

held a market share of 59.3% in 2022, valued at USD 971.3 million.
 The European Green Deal set the challenging goal of reducing the use and
risk of chemical pesticides by 50% in 2030. IPM strategies are likely to be
used, which are based on a holistic view of agroecosystems, with the goal
of developing pest- and disease-resistant cropping systems that primarily
employ non-chemical pest management measures. They also promote
Integrated Pest Management (IPM) tools, which assist farmers in finding
the required solutions. Such factors and the growing trend of farmers
transitioning to organic agriculture are expected to drive the European
biopesticides market during the forecast period.

France is the largest Country

 The European biopesticides market may grow in the coming years, owing
to a shift toward sustainable agricultural practices and increasing demand
for organic products. France dominated the market with a 19.1% share in
2022, as French farmers used biopesticides to reduce reliance on chemical
inputs in agriculture, aligning with the country's public policy objectives.
 Italy is the second-largest market for biopesticides in Europe. It is
projected to grow by 75.2%, with a CAGR of 9.8% during the forecast
period. Recently, the European Commission has endorsed four legal acts
that simplify the approval and authorization process of biological plant
protection products containing microorganisms, which are expected to
provide farmers with tools to substitute chemical plant protection products
and support the objectives of the Farm-to-Fork Strategy.

 Organic farming is a key sector of EU agriculture, with almost 330,000

organic farmers in the European Union in 2019 and a 20% share of the
farming area in the Member States. The Farm-to-Fork Strategy aims to
increase the total farmland under organic farming in the European Union
to at least 25% by 2030, providing opportunities for sustainable
alternatives to control plant pests.

 The rising product launches and government support for the use of
biopesticides are expected to significantly impact the market in the
coming years, with the potential for continued growth and innovation in
sustainable agricultural solutions. As the market evolves, industry players
must keep up with changing consumer preferences and regulatory
requirements and invest in R&D to meet the growing demand for
sustainable agricultural solutions.
Europe Biopesticides Industry Overview

The Europe Biopesticides Market is fragmented, with the top five

companies occupying 2.67%. The major players in this market are
Certis U.S.A. L.L.C., Corteva Agriscience, Koppert Biological Systems
Inc., Seipasa, SA and Valent Biosciences LLC (sorted alphabetically).

Europe Biopesticides Market Leaders

Europe Biopesticides Market News

 October 2022: Seipasa launched its new advanced biofungicidal product,

"Fungisei," in France, after getting registered phytosaniritarily by the
European Commission.
 September 2022: Corteva Agriscience signed an agreement to acquire
Symborg, a biologicals-based company, as a part of its strategy to expand
its biologicals portfolio. The move was aimed at helping Corteva
Agriscience in achieving its aim to become a global leader in the
agricultural biologicals market.
 June 2022: Certis Biologicals and Novozymes, two leading agricultural
biotechnology companies, collaborated to develop new technologies for
highly effective fungal disease control. This collaboration will provide new
solutions to row crop growers.
Europe Biopesticides Industry Segmentation

Biofungicides, Bioherbicides, Bioinsecticides are covered as segments

by Form. Cash Crops, Horticultural Crops, Row Crops are covered as
segments by Crop Type. France, Germany, Italy, Netherlands, Russia,
Spain, Turkey, United Kingdom are covered as segments by Country.
UNITED STATES

United States Biopesticides Market Size

United States Biopesticides Market Analysis

The United States Biopesticides Market size is estimated at USD 2.42 billion
in 2023, and is expected to reach USD 4.95 billion by 2028, growing at a
CAGR of 15.40% during the forecast period (2023-2028).

The market is driven by the consumer preference for organic products,

simpler registration processes, an increase in pest diversity, and government
support. Low awareness about biopesticides and the high price of
biopesticides are the key restraints of the market. Increasing acreage of
organic crop cultivation may play a major role in pushing the volume
consumption of biopesticides in the United States.

United States Biopesticides Market Trends

Biofungicides is the largest Form

 Biofungicides are substances that are used to control plant diseases

caused by pathogenic fungi. Biofungicides may be of microbial or
botanical origin. The market for these biofungicides was valued at USD
650.9 million in 2022 and is the most consumed biopesticide type, with a
market share of 49.5% in the same year.

 The market for bioinsecticides in the United States was valued at USD
403.9 million in 2022 and accounted for a share of 30.7%, the second
most consumed among biopesticides.

 Bioinsecticides are of biological origin, including microorganisms like fungi,

bacteria, or even plant extracts that can work against harmful insects that
affect the growth and development of crops. On average, these
bioinsecticides are applied at the rate of 2.8 kg/hectare in all the crop
types. Among bioinsecticides, the bacterial insecticide Bacillus
Thuringiensis is the most predominantly used insecticide in agriculture
due to its immense potential to control pests by producing proteins during
the sporulation phase.
 Bioherbicides are the derivatives of either microbe, plant extracts, or any
other phytotoxins used to control the weeds that compete for growth with
the crops by suppressing their growth or germinating weed seeds. The
market for biological herbicides was valued at USD 108.9 million in 2022,
with a volume consumption of 7.5 thousand metric tons in the same year.
 Other biopesticides include products like nematicides, rodenticides,
acaricides, and molluscicides, which are of biological origin. These
biological pesticides accounted for a share of 11.5% in 2022, occupying
the third place after biofungicides and bioinsecticides.

United States Biopesticides Industry Overview

The United States Biopesticides Market is fragmented, with the top five
companies occupying 6.02%. The major players in this market are
Bioworks Inc., Certis USA LLC, Corteva Agriscience, FMC Corporation
and Marrone Bio Innovations Inc. (sorted alphabetically).
United States Biopesticides Market Leaders

United States Biopesticides Market News

 September 2022: Corteva Agriscience signed an agreement to acquire a

biologicals-based company Symborg as a part of its strategy to expand its
biologicals portfolio. This move would help Corteva Agriscience in
achieving its aim to become a global leader in the agricultural biologicals
market.
 June 2022: Certis Biologicals and Novozymes, two leading agricultural
biotechnology companies, collaborated to develop new technologies for
highly effective fungal disease control. This collaboration will provide new
solutions to row crop growers.
 June 2022: Valent BioSciences LLC confirmed that it had approved a big
expansion of its biorational manufacturing facility in Osage, Iowa, to meet
the rising demand for its biorational products and introduce new products
that will necessitate more capacity.

United States Biopesticides Industry Segmentation

Biofungicides, Bioherbicides, Bioinsecticides are covered as segments

by Form. Cash Crops, Horticultural Crops, Row Crops are covered as
segments by Crop Type.
VIETNAM

OVERVIEW

The global biopesticides market grew from $5.11 billion in 2022 to $6.13 billion in
2023 at a compound annual growth rate (CAGR) of 19.8%.The biopesticides market
is expected to grow to $11.27 billion in 2027 at a CAGR of 16.4%.

North America was the largest region in the biopesticides market in 2022.Asia-
Pacific is expected to be the fastest-growing region in the market.

According to the Healthline report, U.S. consumers spent nearly $56 billion on
organic produce in the year 2020. In addition, according to the US Organic Trade
Association, organic product sales reached 12.4% in 2020, surpassing $60 billion for
the first time and more than twice the previous year’s growth. Therefore, the rising
demand for organic food will drive the growth of the biopesticides market.