Bioinsecticides Market

Bioinsecticides Market by Applications (Grains & Cereals, Pulses & Oilseeds, Commercial Crops, Fruits & Vegetables, and Others) and Regions (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021–2028

  • Report ID: HC-1349
  • Author: Growth Market Reports
  • Rating: 4.7
  • Total Reviews: 2
  • No. Of Pages: 184
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The global bioinsecticides market size is expected to expand at a CAGR of 12.3% during the forecast period, 2021-2028. The growth of the market is attributed to reduced arable land and growing food demand across the globe.

Bioinsecticides Market Key Takeaways

Bioinsecticides are organic formulations applied to crops to kill insects that feed on them. The crop chemical includes live bacteria that produce toxins that poison and kill the insects. Growing focus on agriculture by various emerging economies is expected to create lucrative opportunities for the industry players in the market.

Market Drivers, Restraints, Trends, and Opportunities

  • Rising demand for sustainable agriculture practices, integrated pest management, pest resistance & resurgence, organic farming, and the growing requirement to curb post-harvest crop losses have encouraged the development of agricultural bioinsecticides, driving the market growth.
  • Short or limited shelf life and a high probability of contamination among bioinsecticides can restraint the market growth.
  • The ban on chemical pesticides in major countries attributed to the deteriorating soil conditions, extensive farm practices, and growing concern regarding residue levels in food products, has created huge scope for the new entrants and emerging players in the bioinsecticides market.

Scope of the Report

The report on the global bioinsecticides market includes an assessment of the market, trends, segments and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Bioinsecticides Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Applications (Grains & Cereals, Pulses & Oilseeds, Commercial Crops, Fruits & Vegetables, and Other Applications)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Valent Biosciences Corporation, Koppert Biological Systems, Certis USA LLC, and Bayer CropScience AG

 

Bioinsecticides Market Segment Insights

Fruits & vegetables segment to project a large market share

Based on applications, the market is divided into grains & cereals, pulses & oilseeds, commercial crops, fruits & vegetables, and others. The fruits & vegetables segment is projected to account for a large market share during the forecast period. Rising application of bioinsecticides to protect fruits and vegetables from pests is driving the growth of the market segment.

Bioinsecticides have a lower residue level and are a perfect fit for the treatment of fruits and vegetables, and the segment forms one of the prominent application area for bioinsecticides. Rising demand for organic grown fruits & vegetables is expected to proliferate the growth of the market segment.

Bioinsecticides Market by applications

Latin America to account a significant market share

In terms of regions, the market is segregated into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Latin America is projected to account for a significant market share during the forecast period. In Latin America, Bacillus thuringiensis (Bt)-based products cover around 40% of the market. The bioinsecticides production in the region is carried out at the local level, with the help of local governments and NGOs. The market in Latin America is anticipated to exhibit a high CAGR during the forecast period due to the emerging resistance among insects.

Brazil accounted for a major market share in Latin America. The 40 commercial mycoinsecticides present in the market in Brazil are provided by 19 companies. Growing requirement of robust soil health and increasing demand for solutions to improve crop productivity are expected to propel the market growth in the region. On the other hand, the market in Asia Pacific is anticipated to exhibit a healthy CAGR during the forecast period. Rising focus of government state bodies to boost the agriculture industry is driving the growth of the market in the region. Increasing government initiatives and rising number of stimulus packaged to revive the agriculture sector are further boosting the regional market growth.

Bioinsecticides Market by Regions

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bioinsecticides Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Bioinsecticides Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Bioinsecticides Market - Supply Chain
  4.5. Global Bioinsecticides Market Forecast
     4.5.1. Bioinsecticides Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Bioinsecticides Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Bioinsecticides Market Absolute $ Opportunity
5. Global Bioinsecticides Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Bioinsecticides Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Bioinsecticides Demand Share Forecast, 2019-2026
6. North America Bioinsecticides Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Bioinsecticides Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Bioinsecticides Demand Share Forecast, 2019-2026
7. Latin America Bioinsecticides Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Bioinsecticides Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Bioinsecticides Demand Share Forecast, 2019-2026
8. Europe Bioinsecticides Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Bioinsecticides Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Bioinsecticides Demand Share Forecast, 2019-2026
9. Asia Pacific Bioinsecticides Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Bioinsecticides Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Bioinsecticides Demand Share Forecast, 2019-2026
10. Middle East & Africa Bioinsecticides Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Bioinsecticides Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Bioinsecticides Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Bioinsecticides Market: Market Share Analysis
  11.2. Bioinsecticides Distributors and Customers
  11.3. Bioinsecticides Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Segments Covered in the Report
The Global Bio Insecticides Market has been segmented on the basis of

Application

  • Grains & Cereals
  • Pulses & Oilseeds
  • Commercial Crops
  • Fruits & Vegetables
  • Others

Regions

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key players

  • Valent Biosciences Corporation
  • Koppert Biological Systems
  • Certis USA LLC
  • Bayer CropScience AG

Some of the major players in the market are Valent Biosciences Corporation, Koppert Biological Systems, Certis USA LLC, and Bayer CropScience AG.

The major acquisitions taking place between companies to develop bioinsecticides indicates that the focus on bio-based products is increasing rapidly. The players in the market are investing heavily in this market, to diversify their biological research divisions in the expanding market place.

Bioinsecticides Market by Key Players

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