Beneficial Insects Market by Type, Crop Type, Application

List of Tables

The Beneficial Insects Market was valued at USD 946.84 million in 2023, expected to reach USD 1,029.69 million in 2024, and is projected to grow at a CAGR of 9.18%, to USD 1,751.90 million by 2030.

The scope of beneficial insects encompasses organisms that provide advantageous ecological functions, primarily pest control, pollination, and soil health. These insects, including ladybugs, bees, parasitoid wasps, and ground beetles, play critical roles in sustainable agriculture and horticulture, enhancing crop yields and reducing reliance on chemical pesticides. The necessity of beneficial insects is underscored by their ability to naturally manage pest populations, contribute to biodiversity, and bolster ecosystem resilience. Applications range from integrated pest management (IPM) in agriculture to maintaining pollinator populations in gardens and landscapes. End-use sectors include agriculture, horticulture, and organic farming, with increasing demand from environmentally-conscious consumers and regulatory bodies advocating for reduced pesticide usage.

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%

Market growth is fueled by the rising adoption of sustainable agricultural practices, increased awareness of ecological impacts, and technological advancements in mass-rearing beneficial insects. Expanding organic farming, favorable government policies, and innovations in biocontrol agents are key growth drivers. Potential opportunities lie in developing region-specific biocontrol solutions and leveraging genomic research to enhance insect breeding and effectiveness in pest management. However, market growth faces challenges such as high initial costs, limited awareness among farmers, and the potential risks of non-native species introduction, which necessitates thorough research and regulation compliance.

For business growth, research could focus on optimizing mass-rearing techniques, improving the efficiency of insect delivery systems, and enhancing the genetic qualities of beneficial insects to withstand environmental stresses. Additionally, collaboration with agricultural stakeholders to increase awareness and education on the benefits of such insects could catalyze market acceptance. As the market is dynamic and subject to environmental and regulatory fluctuations, companies should remain agile, continually assess technological advancements, and adapt strategies to the evolving agricultural landscape, ensuring sustainability and profitability in utilizing beneficial insects.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Beneficial Insects Market

The Beneficial Insects Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Inclination towards sustainable agricultural practices
- Increase in bee-keeping activities worldwide coupled with government support
- Stringent regulations pertaining to use of chemical pesticides
Market Restraints
- Lack of awareness regarding beneficial insects among farmers
Market Opportunities
- Improved mass production of beneficial insects
- Significant investments to increase research and applications of beneficial insect
Market Challenges
- Adverse effects of climate change on beneficial insects

Porter's Five Forces: A Strategic Tool for Navigating the Beneficial Insects Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Beneficial Insects Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Beneficial Insects Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Beneficial Insects Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Beneficial Insects Market

A detailed market share analysis in the Beneficial Insects Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Beneficial Insects Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Beneficial Insects Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Beneficial Insects Market

A strategic analysis of the Beneficial Insects Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

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:

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

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-1730A405F963

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. 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

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. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

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. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. USDA NIFA Invests USD 26.7 Million to Further Research into Pests and Beneficial Species (AFRI A1112)
- 12.3.2. USask Invites Media to Attend Launch of New Insect Research Facility
12.4. Strategy Analysis & Recommendation

Companies Mentioned

1. Anatis Bioprotection
2. Andermatt Group AG
3. Applied Bio-nomics Ltd.
4. Arizona Biological Control, Inc.
5. BioBee Ltd.
6. Biobest Group
7. Bioline AgroSciences Ltd. Corporation
8. Biological Services
9. Bionema Limited
10. Corteva Agriscience
11. Evergreen Growers Supply, LLC
12. Growliv Biologicals
13. IPM laboratories, Inc.
14. Koppert B.V.
15. Organic Control, Inc.
16. Tip Top Agriculture