Beneficial Insect Trends and Forecast
The future of the global beneficial insect market looks promising with opportunities in the crop protection and crop production markets. The global beneficial insect market is expected to reach an estimated $1.7 billion by 2030 with a CAGR of 11.8% from 2024 to 2030. The major drivers for this market are growing enthusiasm for organic food choices, rising demand for sustainable pest control, and continuous technological advancement in rearing systems.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Beneficial Insect by Segment
The study includes a forecast for the global beneficial insect by type, crop type, application, and region.
Beneficial Insect Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Predators
• Parasitoids
• Pathogens
• Pollinators
Beneficial Insect Market by Crop Type [Shipment Analysis by Value from 2018 to 2030]:
• Fruits & Vegetables
• Flowers & Ornamentals
• Grains And Pulses
Beneficial Insect Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Crop Protection
• Crop Production
Beneficial Insect Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Beneficial Insect Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies beneficial insect companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the beneficial insect companies profiled in this report include-
• Applied Bionomics
• Biobest
• Bioline AgroSciences
• Fargro
• Andermatt
• ARBICO Organics
• BioBee
• BIONEMA
• Koppert
• Tip Top Bio-Control
Beneficial Insect Market Insights
Lucintel forecasts that predators will remain the largest segment over the forecast period.
Within this market, crop protection will remain the larger segment over the forecast period.
North America will remain the largest region over the forecast period.
Features of the Global Beneficial Insect Market
Market Size Estimates: Beneficial insect market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Beneficial insect market size by type, crop type, application, and region in terms of value ($B).
Regional Analysis: Beneficial insect market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, crop types, applications, and regions for the beneficial insect market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the beneficial insect market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the beneficial insect market size?
Answer: The global beneficial insect market is expected to reach an estimated $1.7 billion by 2030.
Q2. What is the growth forecast for beneficial insect market?
Answer: The global beneficial insect market is expected to grow with a CAGR of 11.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the beneficial insect market?
Answer: The major drivers for this market are growing enthusiasm for organic food choices, rising demand for sustainable pest control, and continuous technological advancement in rearing systems.
Q4. What are the major segments for beneficial insect market?
Answer: The future of the beneficial insect market looks promising with opportunities in the crop protection and crop production markets.
Q5. Who are the key beneficial insect market companies?
Answer: Some of the key beneficial insect companies are as follows:
• Applied Bionomics
• Biobest
• Bioline AgroSciences
• Fargro
• Andermatt
• ARBICO Organics
• BioBee
• BIONEMA
• Koppert
• Tip Top Bio-Control
Q6. Which beneficial insect market segment will be the largest in future?
Answer: Lucintel forecasts that predators will remain the largest segment over the forecast period.
Q7. In beneficial insect market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the beneficial insect market by type (predators, parasitoids, pathogens, and pollinators), crop type (fruits & vegetables, flowers & ornamentals, and grains and pulses), application (crop protection and crop production), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Beneficial Insect Market, Beneficial Insect Market Size, Beneficial Insect Market Growth, Beneficial Insect Market Analysis, Beneficial Insect Market Report, Beneficial Insect Market Share, Beneficial Insect Market Trends, Beneficial Insect Market Forecast, Beneficial Insect Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.