Biopesticides Market Trends, Opportunities, Key Players, Growth Factors, Revenue Analysis, 2024-2035

The global biopesticides market is growing rapidly; it is estimated to be worth USD 6.88 billion in 2023 and is anticipated to reach USD 20.46 billion by 2035. It is expected to grow at a compounded annual growth rate (CAGR) of 9.50% during the forecast period.
In recent years, biopesticides have gained significant attention as an environment-friendly way to control pests that damage crops. Biopesticides refer to the biological compounds made from natural resources such as plants, animals, microorganisms, and certain enzymes. These compounds harness natural mechanisms to kill pests without damaging the natural environment. Biopesticides offer several significant advantages, such as target specificity and not impacting non-targeted species; thereby, they are used to safeguard crops against bacteria, fungi, insects, nematodes, and viruses.

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