Development and implementation of safe natural alternatives to synthetic pesticides are urgent needs that will provide ecological solutions for control of plant diseases, bacteria, viruses, nematodes, pests, and weeds, to ensure economic stability of the farmers and food security as well as protection of the environment and human health. Unambiguously, production of botanical pesticides will allow sustainable and efficient use of natural resources and finally decrease the use of chemical inputs and burden. This is underlined by the strict regulations on pesticide residues in agricultural products and harmonized with the Farm to Fork strategy aimed to reduce pesticide use by 55%, by 2030. Recognizing the urgent need for natural pesticides development, this work is an overview of the current research on the valorization of Mediterranean plants as potential source of biopesticides. More specifically, the extraction methods, the chemical composition, the biopesticidal activity, the commonly used assays for evaluating the antimicrobial, the pesticidal, the repellant and the herbicidal activity of plant extracts as well as toxicological and safety aspects of biopesticides formulation are discussed in detail. Finally, the aspects that have not yet been investigated or are under- investigated and future perspectives are highlighted.