Beneficial Insects Market by Type, Crop Type, Application

Description

List of Tables

[182 Pages Report] The Beneficial Insects Market size was estimated at USD 946.84 million in 2023 and expected to reach USD 1,029.69 million in 2024, at a CAGR 9.18% to reach USD 1,751.90 million by 2030.

Global Beneficial Insects Market

KEY MARKET STATISTICS
Base Year [2023]	USD 946.84 million
Estimated Year [2024]	USD 1,029.69 million
Forecast Year [2030]	USD 1,751.90 million
CAGR (%)	9.18%

Beneficial insects provide natural pest control solutions and pollination services for agricultural crops and green spaces. These insects are considered environmentally friendly alternatives to chemical pesticides, contributing to sustainable agriculture and maintaining ecological balance. The demand for organic food is rising due to increasing health awareness among consumers, resulting in adopting of eco-friendly methods, including beneficial insects in crop production that reduce synthetic pesticides. Governmental support through policies and subsidies promoting integrated pest management (IPM) strategies contributes significantly to the adoption of beneficial insects. However, the lack of awareness among farmers about biological pest control methods may lead to slow adoption rates of beneficial insects. Moreover, research advancements in understanding insect biology have led to the development of more effective applications of these organisms in pest management systems.

Regional Insights

The beneficial insect market is evolving in the Americas owing to its increased recognition in integrated pest management (IPM) for improved agriculture and horticulture practices. The European Union (EU) has made significant investments in developing and implementing environmentally friendly pest management solutions. EU regulations encourage farmers to adopt IPM practices that minimize reliance on chemical pesticides. In the Middle East, various countries are exploring the potential benefits of using native insect species for pest control, particularly in date palm cultivation. African nations face unique challenges related to climate change and food security, which necessitate the development of sustainable agricultural practices, including the use of beneficial insects. APAC region is increasingly focusing on biological control methods to address food safety and environmental issues stemming from intensive pesticide use. Additionally, growing consumer preference for organic produce has driven interest in natural pest control measures in the APAC region. Besides, significant government support for sustainable agricultural practices and improved breeding methods of beneficial insects are anticipated to expand their use in horticulture and agriculture globally.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Beneficial Insects Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Beneficial Insects Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Beneficial Insects Market, highlighting leading vendors and their innovative profiles. These include Anatis Bioprotection, Andermatt Group AG, Applied Bio-nomics Ltd., Arizona Biological Control, Inc., BioBee Ltd., Biobest Group, Bioline AgroSciences Ltd. Corporation, Biological Services, Bionema Limited, Corteva Agriscience, Evergreen Growers Supply, LLC, Growliv Biologicals, IPM laboratories, Inc., Koppert B.V., Organic Control, Inc., and Tip Top Agriculture.

Market Segmentation & Coverage

This research report categorizes the Beneficial Insects Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Parasitoids
- Pollinators
- Predators
Crop Type
- Flowers & Ornamentals
- Fruits & Vegetables
- Grains & Pulses
Application
- Crop Production
- Crop Protection
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Beneficial Insects Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Beneficial Insects Market?

3. What are the technology trends and regulatory frameworks in the Beneficial Insects Market?

4. What is the market share of the leading vendors in the Beneficial Insects Market?

5. Which modes and strategic moves are suitable for entering the Beneficial Insects Market?

Product Code: MRR-1730A405F964

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Beneficial Insects Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Inclination towards sustainable agricultural practices
  - 5.1.1.2. Increase in bee-keeping activities worldwide coupled with government support
  - 5.1.1.3. Stringent regulations pertaining to use of chemical pesticides
- 5.1.2. Restraints
  - 5.1.2.1. Lack of awareness regarding beneficial insects among farmers
- 5.1.3. Opportunities
  - 5.1.3.1. Improved mass production of beneficial insects
  - 5.1.3.2. Significant investments to increase research and applications of beneficial insect
- 5.1.4. Challenges
  - 5.1.4.1. Adverse effects of climate change on beneficial insects
5.2. Market Segmentation Analysis
- 5.2.1. Type: Expanding applications of predators in sustainable agriculture practices
- 5.2.2. Crop Type: Significant use for cultivation of fruits & vegetables
- 5.2.3. Application: Proliferating demand of beneficial insects for crop protection
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Beneficial Insects Market, by Type

6.1. Introduction
6.2. Parasitoids
6.3. Pollinators
6.4. Predators

7. Beneficial Insects Market, by Crop Type

7.1. Introduction
7.2. Flowers & Ornamentals
7.3. Fruits & Vegetables
7.4. Grains & Pulses

8. Beneficial Insects Market, by Application

8.1. Introduction
8.2. Crop Production
8.3. Crop Protection

9. Americas Beneficial Insects Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Beneficial Insects Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Beneficial Insects Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. New Product Launch & Enhancement
  - 12.3.1.1. USask Invites Media to Attend Launch of New Insect Research Facility
- 12.3.2. Investment & Funding
  - 12.3.2.1. USDA NIFA Invests USD 26.7 Million to Further Research into Pests and Beneficial Species (AFRI A1112)

13. Competitive Portfolio

13.1. Key Company Profiles
- 13.1.1. Anatis Bioprotection
- 13.1.2. Andermatt Group AG
- 13.1.3. Applied Bio-nomics Ltd.
- 13.1.4. Arizona Biological Control, Inc.
- 13.1.5. BioBee Ltd.
- 13.1.6. Biobest Group
- 13.1.7. Bioline AgroSciences Ltd. Corporation
- 13.1.8. Biological Services
- 13.1.9. Bionema Limited
- 13.1.10. Corteva Agriscience
- 13.1.11. Evergreen Growers Supply, LLC
- 13.1.12. Growliv Biologicals
- 13.1.13. IPM laboratories, Inc.
- 13.1.14. Koppert B.V.
- 13.1.15. Organic Control, Inc.
- 13.1.16. Tip Top Agriculture
13.2. Key Product Portfolio

14. Appendix

14.1. Discussion Guide
14.2. License & Pricing