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The Beneficial Insects Market size was estimated at USD 946.84 million in 2023, USD 1,029.69 million in 2024, and is expected to grow at a CAGR of 9.18% to reach USD 1,751.90 million by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
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
- Americas
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- 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.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast of the Beneficial Insects Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Beneficial Insects Market?
- What are the technology trends and regulatory frameworks in the Beneficial Insects Market?
- What is the market share of the leading vendors in the Beneficial Insects Market?
- Which modes and strategic moves are suitable for entering the Beneficial Insects Market?
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Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. Beneficial Insects Market, by Type
7. Beneficial Insects Market, by Crop Type
8. Beneficial Insects Market, by Application
9. Americas Beneficial Insects Market
10. Asia-Pacific Beneficial Insects Market
11. Europe, Middle East & Africa Beneficial Insects Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix
List of Figures
List of Tables
Companies Mentioned
- 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.
- Tip Top Agriculture
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 182 |
| Published | March 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 1029.69 Million |
| Forecasted Market Value ( USD | $ 1751.9 Million |
| Compound Annual Growth Rate | 9.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 16 |
