What Are Beneficial Insects and How Do They Support Agriculture?

Executive Summary: Beneficial Insects Market Size and Share by Application & Industry

The beneficial insects market is expected to witness market growth at a rate of 10.2% in the forecast period of 2021 to 2028 and is expected to reach USD 1,393.29 million by 2028.

A worldwide Beneficial Insects Market report comprises of the most recent market information with which companies can have thorough analysis of Beneficial Insects Market industry and future trends. By applying market intelligence for this report, industry experts assess strategic options, outline successful action plans and support companies with critical bottom-line decisions. Competitive analysis studies of this market report aids to get ideas about the strategies of key players in the market. Not to mention, the scope of Beneficial Insects Market business report can be broadened from market scenarios to comparative pricing between major players, cost and profit of the specified market regions.

Beneficial Insects Market research report analyses key factors of the market which offers precise data and information for the business growth. This market analysis report makes an assessment of the expected rise, growth or fall of the product in the specific forecast period. For acquiring detailed market report, request an analyst call or drop down an enquiry at any time. The data gathered to prepare this report is based on the data collection modules with large sample sizes. The persuasive Beneficial Insects Market report includes all the company profiles of the major players and brands.

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Comprehensive Overview of the Beneficial Insects Market

**Segments**

- **Type:** Parasitoids, Predators, Pollinators
- **Application:** Crop protection, Horticulture, Forestry
- **Region:** North America, Europe, Asia Pacific, Latin America, Middle East and Africa

The global beneficial insects market is segmented based on type, application, and region. In terms of type, the market is categorized into parasitoids, predators, and pollinators. Parasitoids are organisms that lay their eggs on or in the body of an insect host, and the larvae develop by feeding on the host, ultimately killing it. Predators, on the other hand, directly feed on pest insects, helping to reduce their populations. Pollinators play a crucial role in the reproduction of flowering plants by transferring pollen from one flower to another. In terms of application, the market is divided into crop protection, horticulture, and forestry. Crop protection is the largest application segment due to the rising demand for sustainable pest control methods in agriculture. Geographically, the market is analyzed across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

**Market Players**

- Syngenta
- BASF SE
- Bayer AG
- Monsanto Company
- Koppert Biological Systems
- Certis USA
- Biobest Group NV
- The Bug Factory
- Applied Bio-nomics Ltd
- IPM Laboratories Inc

Key players operating in the global beneficial insects market include Syngenta, BASF SE, Bayer AG, Monsanto Company, Koppert Biological Systems, Certis USA, Biobest Group NV, The Bug Factory, Applied Bio-nomics Ltd, and IPM Laboratories Inc. These companies are focusing on strategic partnerships, product launches, and acquisitions to strengthen their market presence and expand their product offerings. The increasing focus on sustainable agriculture practices and the growing demand for organic food products are driving the adoption of beneficial insects in crop protection and horticulture applications.

The global beneficial insects market is witnessing significant growth driven by the increasing awareness about the benefits of using natural predators and pollinators in agriculture. With the rising concerns over the environmental impact of chemical pesticides and the need for sustainable farming practices, the demand for beneficial insects is on the rise. Market players are capitalizing on this trend by investing in research and development to enhance the effectiveness of these natural solutions. Additionally, the emphasis on reducing chemical residues in food products is further fueling the adoption of beneficial insects in crop protection and horticulture.

One of the key factors driving the market growth is the shift towards integrated pest management strategies in agriculture. By incorporating beneficial insects into pest control programs, farmers can effectively manage pest populations while minimizing the use of synthetic pesticides. This approach not only reduces the risk of pesticide resistance but also helps in maintaining a healthy ecosystem within agricultural landscapes. As a result, the demand for parasitoids, predators, and pollinators is expected to surge across various applications in the agriculture sector.

In terms of regional analysis, North America and Europe are leading markets for beneficial insects, owing to the strong presence of key market players and the high adoption rate of sustainable farming practices in these regions. The Asia Pacific region is also witnessing significant growth opportunities due to the increasing focus on food security and the adoption of environmentally friendly agricultural practices. Moreover, Latin America and the Middle East and Africa regions are likely to experience growth in the beneficial insects market as awareness about sustainable agriculture practices continues to spread.

Key market players such as Syngenta, BASF SE, Bayer AG, and Monsanto Company are investing in partnerships and collaborations to expand their product portfolios and strengthen their market position. Product innovation and development of new formulations tailored to specific pest species are also key strategies adopted by these companies to meet the evolving needs of farmers. Furthermore, the emergence of new market entrants and startups focusing on biological pest control solutions is adding to the competitive landscape of the beneficial insects market.

Overall, the global beneficial insects market is poised for significant growth in the coming years as the agriculture industry increasingly adopts sustainable and environmentally friendly practices. With the support of government initiatives promoting integrated pest management and organic farming, the market for beneficial insects is expected to witness robust growth across various regions globally.The global beneficial insects market is witnessing notable growth propelled by the increasing emphasis on sustainable agricultural practices and the escalating demand for organic food products. Market players are strategically focusing on partnerships, product launches, and acquisitions to strengthen their market presence and offer a broader range of products to meet the evolving needs of consumers. The awareness about the advantages of using natural predators and pollinators in agriculture is driving the adoption of beneficial insects, especially in crop protection and horticulture applications. These insects provide an eco-friendly alternative to chemical pesticides, aligning with the growing consumer preference for organic and sustainable food production practices.

The shift towards integrated pest management strategies in agriculture is a key factor driving the market growth for beneficial insects. By integrating these natural solutions into pest control programs, farmers can effectively manage pest populations while reducing reliance on synthetic pesticides. This approach not only helps in mitigating pesticide resistance but also contributes to maintaining a balanced ecosystem within agricultural landscapes. As a result, the demand for parasitoids, predators, and pollinators is expected to rise across various agricultural applications.

North America and Europe stand out as leading markets for beneficial insects, primarily due to the robust presence of key market players and the high adoption rate of sustainable farming practices in these regions. The Asia Pacific region presents significant growth opportunities driven by the increasing focus on food security and the adoption of environmentally friendly agricultural practices. Additionally, Latin America and the Middle East and Africa regions are anticipated to witness growth in the beneficial insects market as awareness about sustainable agriculture practices continues to spread.

Market players are investing in research and development initiatives to enhance the efficacy of beneficial insects and develop tailored formulations to address specific pest species. The introduction of new product formulations and innovative solutions is a key strategy employed by these companies to cater to the evolving requirements of farmers and further propel market growth. The emergence of new market entrants and startups specializing in biological pest control solutions is contributing to the competitive landscape of the beneficial insects market, fostering innovation and market expansion.

In conclusion, the global beneficial insects market is on a trajectory of substantial growth as stakeholders in the agriculture sector increasingly embrace sustainable and environmentally friendly practices. With the backing of government initiatives that promote integrated pest management and organic farming, the market for beneficial insects is expected to experience robust expansion across various regions globally. Overall, the market presents a promising outlook characterized by innovation, strategic collaborations, and a shift towards eco-conscious agricultural practices.

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Analyst-Focused Question Templates for Beneficial Insects Market Evaluation

• What is the market size snapshot of the Beneficial Insects Market?
• What will be the growth curve over the next decade?
• What consumer types are covered in segmentation?
• Who are the most recognized brands?
• What is the market reaction to recent innovations?
• What is the country-wise growth comparison?
• What regional factors drive differentiation?
• What is the highest-growth territory for the next five years?
• Where is the strongest buyer activity occurring?
• What geopolitical shifts could impact the Beneficial Insects Market?

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