Europe's microbial pesticide market is expected to reach USD 2.22 billion in 2024 and reach USD 3.99 billion by 2029, growing at a CAGR of 12.5% from 2024 to 2029.
Biopesticides are certain types of pesticides derived from such natural materials as animals, plants, bacteria, and certain minerals. For example, baking soda and canola oil have pesticide-like applications and are considered biopesticides. Biopesticides are usually inherently less toxic than conventional pesticides and generally affect only the target pest and closely related organisms, in contrast to broad-spectrum, conventional pesticides that may have a harmful effect on organisms as different as birds, insects, and mammals. They are often effective in very small quantities and often decompose quickly, resulting in lower exposures and largely avoiding the pollution problems caused by conventional pesticides. When used as a component of Integrated Pest Management (IPM) programs, they can significantly reduce the use of conventional pesticides while crop yields remain high.
While the prevalence of chemical or synthetic pesticides in crop protection would continue, human, animal, and environmental health concerns would play key roles in driving growth for Biopesticides. Several countries are adopting a stringent approach concerning a number of imports, with a special focus on regulating a number of pesticide residues. As a result, the use and demand of non-chemical treatments for crop protection are increasing. Other factors favoring the market growth include low toxicity of microbial pesticides on non-target pest species, compatibility with synthetic chemicals, and no residual toxicity for humans and other animals. In spite of their low toxicity and environmental impact levels, microbial pesticides have a major restraint in the form of high costs and low availability. Furthermore, Multiple acquisitions, licensing agreements, partnerships, and huge investments in research and development by large companies will drive the growth of the crop protection market in the coming years.
This research report on the Europe microbial pesticides market is segmented and sub-segmented into the following categories.
Europe Microbial Pesticides Market - By Type:
Europe Microbial Pesticides Market - By Form:
Europe Microbial Pesticides Market – By Country:
KEY MARKET PLAYERS:
These are some dominating companies like Becker Underwood, Valent BioSciences, Certis, BioWorks, Ecogen, Koppert Biological System, Agri Life, AgraQuest, Marrone Bio Innovations, Novozyme Biological, Bayer crop science, BASF, IsAgro Spa, and De Sangosse.
Frequently Asked Questions
Microbial pesticides consist of microorganisms (such as bacteria, fungi, viruses, or protozoans) and their byproducts, which are used to control a variety of pests.
Key drivers include increasing demand for organic food, stringent regulations on chemical pesticides, and growing awareness of environmental and health issues related to chemical pesticide use.
Germany typically holds the largest market share in Europe, attributed to its extensive agricultural activities and high adoption of organic farming practices.
Bioinsecticides and biofungicides are particularly popular due to their effectiveness in controlling a wide range of pests and diseases while being environmentally friendly.
Challenges include high research and development costs, regulatory hurdles, and the need for farmer education on the benefits and use of microbial pesticides.
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