Global Bioinsecticides Market, By Type (Natural Insecticides, Pathogens and Parasites), Crop Type (Oilseeds and Pulses, Fruits and Vegetables and Grains and Cereals), Applications (Seed Treatment, Soil Treatment and Foliar Spray), Form (Dry and Liquid), Insects (Insects and Mites, Caterpillars and Soil Insects), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, 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 2029.
Data Bridge Market Research analyses that the bioinsecticides market will project a compound annual growth rate (CAGR) of 13.25% during the forecast period of 2022 -2029. Growing focus on high quality crop productivity especially in the developing economies, increasing rate of crop related diseases, growing government regulations on the use of synthetic agrochemicals, rising integration of advanced technology with the agricultural equipment and increasing industry competitiveness are the major factors attributable to the growth of bioinsecticides market.
From the name itself, it is clear that bioinsecticides are the agrochemicals, which are manufactured using natural materials and resources such as neem, custard apple, tobacco, pyrethrum, and so on. This means that bioinsectices do not affect the crop health negatively and also don’t have an adverse effect on the soil and the environment. Bioinsecticides hold around half of the global pesticide market and are used by the farmers to get rid of insects and pests.
Growing consumer preferences for biological fertlizers, pesiticides, herbicides and other agrochemicals, rising consciousness among the farmers in regards to maintaining the soil health, and increased adoption of integrated pest management (IPM) especially in the developing economies will emerge as the major factors fostering the growth of the market. Also, growing importance of consumer food safety and surging organic farming practices are other important factors fostering the growth of the market. Growing cultivation of fruits and vegetables owing to the ever-rising population base will further create lucrative and remunerative growth opportunities for the market.
However, lack of knowledge and awareness in the backward economies is a major factor that will pose a major challenge to the growth of the market. Also, dearth of required infrastructural facilities, high production costs associated with organic and bio-agrochemicals and lack of technical skills especially in the underdeveloped economies will further slowdown the market growth rate.
This bioinsecticides market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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 bioinsecticides market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Bioinsecticides Market Scope and Market Size
The global bioinsecticides market is segmented on the basis of type, crop type, applications, form and insects. The growth among segments helps you analyse 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 bioinsecticides market is segmented into natural insecticides, pathogens and parasites
- Based on crop type, the bioinsecticides market is segmented into oilseeds and pulses, fruits and vegetables and grains and cereals
- Based on the applications, the bioinsecticides market is segmented into seed treatment, soil treatment and foliar spray
- Based on the form, the bioinsecticides market is segmented into dry and liquid
- Based on the insects, the bioinsecticides market is segmented into insects and mites, caterpillars and soil insects
Bioinsecticides Market Country Level Analysis
The global bioinsecticides market is analyses and market size, volume information is provided by country by type, crop type, applications, form and insects as referenced above.
The countries covered in the bioinsecticides market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America region dominates the bioinsecticides market and will continue to flourish its dominance during the forecast period owing to the rising livestock population and growing export of various fruits and vegetables and also consumer demand shift to residue free crops. Asia-Pacific region continue to undergo substantial gains during the forecast period and will register the highest CAGR. Growing prevalence of various crop related diseases, increasing personal disposable income, increased focus of supply-chain stakeholders to increase production, growing focus of crop quality, and surge in the expenditure for research and development proficiencies are some other important factors fostering the growth of this region.
The country section of the bioinsecticides 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 Bioinsecticides Market Share Analysis
The global bioinsecticides 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 bioinsecticides market.
Some of the major players covered in the bioinsecticides market are BASF SE, Bayer AG, BIOBEST GROUP NV, Certis USA L.L.C, Novozymes, Marrone Bio Innovations, Syngenta, Nufarm, Som Phytopharma India Ltd., Valent BioSciences LLC, BioWorks Inc., Camson Biotechnologies Ltd, Andermatt Biocontrol AG, Kan Biosys Pvt. Ltd., Futureco Bioscience S.A., Kilpest India Ltd, BioSafe Systems, LLC., Vestaron Corporation, SDS Biotech K.K, NEOGEN Corporation and LANXESS among others.