Jim Bullock, May 2019
Aided by a favourable regulatory climate, as well as by concerns about conventional pesticides, the biopesticide market continues to grow. The global market is projected to grow from USD 3.0 billion in 2018 to USD 6.4 billion by 20231. Alongside the increased use of biopesticides (and other bio-actives used for agriculture, such as plant growth regulators and biostimulants) have come developments of more effective Integrated Pest Management application methods which take into account the health of the wider ecosystem and of the possible environmental impact of using control methods. However, with a total pesticide market (i.e. including conventional chemical pesticides) of around USD 56 billion, there remains considerable potential for further biopesticide growth…
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