Global Beneficial Insects Market, By Type (Predators, Parasitoids, Pathogens, Pollinators), Application (Crop Protection, Crop Production), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Beneficial Insects Market
The beneficial insects market is expected to witness market growth at a rate of 10.2% in the forecast period of 2021 to 2028 and is expected to reach USD 1,393.29 million by 2028. Data Bridge Market Research report on beneficial insects market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The changes in agriculture sector globally is escalating the growth of beneficial insect market.
Beneficial insects refer to the type of insect species that perform valuable services such as weed control, pest control, soil manufacturing, and pollination of flowers, among others. Whereas, insects that cause an interruption in the production process are classified as non-beneficial pests.
The increase in the environmental concerns among population across the globe acts as one of major factors driving the growth of beneficial insects market. The rise in the demand for pest-specific bio-control agents, and surge in emphasis on agricultural productivity and improved quality of food grains accelerate the market growth. The increase in the use of beneficial insects for dealing with pests or any other microbes that may bring harm to the crops in a natural way and rise in regulatory pressures and harmful effects related with the use of synthetic plant protectants further influence the market. Additionally, rise in trend of organic farming, rise in precision farming, and surge in investments positively affect the positively affect the beneficial insects market. Furthermore, advantages such as minimum to no residual effect of macrobials, and easy to manage under controlled conditions beneficial insects market extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, short shelf life of macrobials, and use of macrobials being labor-intensive are expected to obstruct the market growth. Farmers reluctant to adopt macrobials is projected to challenge the beneficial insects market in the forecast period of 2021-2028.
This beneficial insects market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on beneficial insects market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Beneficial Insects Market Scope and Market Size
The beneficial insects market is segmented on the basis of type and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the beneficial insect market is segmented into predators, parasitoids, pathogens, and pollinators.
- On the basis of application, the beneficial insects market is segmented into crop protection and crop production.
Global Beneficial Insects Market Country Level Analysis
The beneficial insects market is analyzed and market size, volume information is provided by country, type, and application as referenced above.
The countries covered in the global beneficial insects market report are the U.S., Canada, and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the beneficial insects market because of the rise in awareness about the benefits of organic products among the consumers, and adoption of IPM practices within the region. Asia-Pacific is expected to witness high growth during the forecast period of 2021 to 2028 because of the increase in environmental concerns in the region.
The country section of the beneficial insects market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Beneficial Insects Market Share Analysis
The beneficial insects market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to beneficial insects market.
The major players covered in the beneficial insects market report are Applied Bio-nomics Ltd., Biobest, Bioline AgroSciences Ltd., Fargro ltd, Andermatt Biocontrol AG, ARBICO Organics, BioBee Sde Eliyahu, Biological Services., Dudutech, NATURAL INSECT CONTROL, Tip Top Bio-Control, Beneficial Insectary, Inc., Bionema Limited, Koppert Biological Systems, Bionema, Vegalab SA, STK bio-ag technologies, Andermatt Biocontrol AG, Koppert Biological Systems, Corteva, and Bayer AG, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.