Top Companies in Biopesticides Industry – BASF SE (Germany), Bayer AG (Germany) and Corteva (US)

The biopesticides market is estimated at USD 7.72 billion in 2024 and is projected to reach USD 15.66 billion by 2029, at a CAGR of 15.2% from 2024 to 2029. The factors driving the biopesticides market are growing demand for sustainable farming practices; stringent regulations regarding chemical pesticide use, along with growing awareness of environmental and health benefits. Advances in biopesticide technology and innovations in biological pest control lead to a better product profile and have driven market growth. Increasing concern regarding chemical residues in food and the environment, coupled with growing pest resistance to conventional pesticides, further boosts adoption of biopesticides as a viable alternative.