Biopesticides: Global Markets to 2022

The global market for biopesticides and synthetic pesticides reached $58.5 billion in 2015. The market should reach $60.2 billion in 2016 and $78.7 billion by 2021, growing at a compound annual growth rate (CAGR) of 5.5% from 2016 to 2021.

Report Includes

• An overview of the global biopesticides and synthetic pesticides industry, including technological developments, future trends, and emerging opportunities.
• Analyses of global market trends, with data from 2015, estimates for 2016, and projections of compound annual growth rates (CAGRs) through 2021.
• The global supply and demand scenario broken down by applications and regions.
• Examination of the market's dynamics, specifically growth drivers, restraints, and opportunities.
• Discussion of emerging technologies.
• Relevant patent analysis.
• Profiles of major players in the industry.

BCC Research projects that the global biopesticide and synthetic pesticide market will grow from $54.8 billion in 2013 to nearly $61.8 billion by 2014, and to $83.7 billion by 2019 at a five-year compound annual growth rate (CAGR) of 6.3%, from 2014 through 2019.

Report Includes

• An overview of the global biopesticides and synthetic pesticides industry, including technological developments, future trends, and emerging opportunities.
• Analyses of global market trends, with data from 2013, estimates for 2014, and projections of compound annual growth rates (CAGRs) through 2019.
• Identification of the driving factors for demand.
• Discussion of emerging technologies.
• Comprehensive company profiles of major players.

The global pesticide market was valued at $37.5 billion in 2011 and should reach $46.1 billion in 2012. Total market value is expected to reach $65.3 billion in 2017 after increasing at a five-year compound annual growth rate (CAGR) of 7.2%. 

Report Includes

• An overview of the global biopesticides industry, including technological developments, future trends, and emerging opportunities
• Analyses of global market trends, with data from 2011, estimates for 2012, and projections of compound annual growth rates (CAGRs) through 2017
• Examination of the synthetic pesticide market and the advent of genetically modified (GM) seeds
• Identification of the driving factors for demand
• A breakdown of supply and demand scenarios by applications and regions
• Discussion of emerging technologies and patents
• Comprehensive company profiles of major players.

• The global pesticide market was valued at approximately $40 billion in 2008. This figure increased to nearly $43 billion in 2009 and is expected to grow at a compound annual growth rate (CAGR) of 3.6% to reach $51 billion in 2014.
  
• Biopesticides represent a strong growth area in the global pesticide market. This segment is expected to grow at a 15.6% compound annual growth rate (CAGR) from $1.6 billion in 2009 to $3.3 billion in 2014.
  
• Synthetic pesticides represent the greatest market share, valued at $41 billion in 2009. This market will be worth an estimated $48 billion in 2014, a compound annual growth rate (CAGR) of 3%.

• The synthetic pesticides market is expected to show a declining trend at the rate of 1.5% per annum. At the same time the biopesticide market is growing and expected to reach more than a billion dollars in the next five years.
• Key developments expected in the coming years are more R&D in biopesticides, an increase in genetically modified crops, the application of integrated pest management concepts, and a widening of organic farming.
• Biopesticides today represent about 2.5% of the overall pesticides market, and are expected to grow to about 4.2% by 2010.
• Orchard crops hold the largest share of biopesticides use at 55%.