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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
United Kingdom Biopesticides Market Size
The United Kingdom biopesticides market reached approximately USD 239.65 million in 2023. The market is further projected to grow at a CAGR of 13.8% between 2024 and 2032, reaching a value of USD 767.75 million by 2032.
Key Trends in the Market
Biopesticides are plant protecting agents that are derived from natural materials including fungi, bacteria, minerals, and animals, among others. They are sprayed on crops to kill and repel the organisms known as pests and have an inhibitory effect on crop diseases.
- The government of the United Kingdom is taking initiatives to spread awareness regarding the various benefits of using biopesticides among farmers by introducing grants and supportive programs. Moreover, the rising demand for organic food products is also bolstering the United Kingdom biopesticides market demand.
- Rising adoption of sustainable agricultural practises due to increased environmental concerns have boosted the adoption of biopesticides in the United Kingdom. Biopesticides are derived from natural sources and are known for controlling pests and preventing diseases through non-toxic mechanisms making them environment friendly as opposed to their conventional chemical counterparts.
- Easy availability of biopesticides due to collaborations between agricultural suppliers and biopesticide manufacturers and heavy investments on the development of bio-based solutions by the agrochemical sector have resulted in the expansion of the biopesticide product portfolio, aiding the market growth in the United Kingdom.
United Kingdom Biopesticides Market Report Snapshots
United Kingdom Biopesticides Market Size
United Kingdom Biopesticides Market Share
United Kingdom Biopesticides Market Analysis
United Kingdom Biopesticides Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market reached a value of approximately USD 239.65 million in 2023.
The market is projected to grow at a CAGR of 13.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 767.75 million by 2032.
The major market drivers include rising investments on bio-based solutions and growing awareness regarding the benefits of using biopesticides.
The key trends fuelling the growth of the market include increasing government incentives and programs, growing demand for sustainable agricultural practises, and easy availability of biopesticides.
The significant products available include bioherbicides, bioinsecticides, and biofungicides, among others.
The sources of biopesticides include microbial, beneficial insects, and biochemical.
The key players in the market are BASF SE, Bayer AG, Corteva Agriscience, Nufarm Ltd, Bionema Limited, FMC Corporation, Novozymes A/S, Certis Europe BV, and Syngenta Crop Protection AG, among others.
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