Beneficial Insects Market

The global beneficial insects market size was valued at US$ 773 million in 2022 and is poised to grow from US$ 877 million in 2023 to US$ 1,630 million by 2028, growing at a CAGR of 13.2% in the forecast period (2023-2028). The hazardous effects on the environment as a consequence of using chemical pesticides which are known to have carcinogenic effects on plants and animals are driving the market for beneficial insects. Beneficial insects are an alternative to chemical pesticides; they are highly valuable insects and mites that eat or parasitize target pests. The rising demand for organic farming increases the rise in demand for beneficial insects driving the beneficial insects market.

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Beneficial Insects Market Dynamics

Driver: The rising demand for organic farming increases the rise in demand for beneficial insects.

The rising demand for organic farming has led to an increased demand for beneficial insects. As consumers become more conscious of the health and environmental impacts of conventional farming practices, there is a growing preference for organic produce. Organic farming relies on natural and sustainable methods of pest control, which aligns perfectly with the use of beneficial insects. These insects, such as ladybugs, lacewings, and parasitic wasps, are utilized to combat pests in a natural and eco-friendly way. They help maintain a balance in the ecosystem by targeting specific pests, reducing the need for chemical pesticides. The surge in organic farming has created a strong market demand for beneficial insects, as farmers seek efficient and environmentally safe alternatives for pest management. This increased demand highlights the pivotal role that beneficial insects play in supporting the growth of organic farming and fulfilling consumer preferences for healthier and more sustainable agricultural practices.

Restraint: Knowledge Gap and Implementation Challenges.

One restraining factor of beneficial insects in agricultural land is the lack of knowledge and awareness among farmers regarding their identification, management, and integration into existing farming practices. Many farmers may not be familiar with the specific beneficial insect species that are effective in controlling pests, or they may lack the necessary understanding of their life cycles and behavior. This can result in underutilization or improper implementation of beneficial insects, limiting their impact on pest control. Additionally, farmers may have concerns about the cost and accessibility of beneficial insects, as well as uncertainties regarding their effectiveness compared to chemical pesticides. These factors can function as barriers to the widespread adoption of beneficial insects in agriculture. Addressing these knowledge gaps through education and training programs, providing easy access to beneficial insect populations, and demonstrating their efficacy through research and case studies can help overcome this restraining factor and promote the broader use of beneficial insects in agricultural land.

Opportunity: Ease of Management in Controlled Environments for Beneficial Insects

Beneficial insects offer an opportunity for easy management in controlled environments. Unlike chemical pesticides, these insects can be conveniently deployed and monitored in controlled settings such as greenhouses or indoor farms. With regulated temperature, humidity, and lighting, the controlled environment creates optimal conditions for beneficial insect populations to thrive. This enhances their reproduction, survival, and pest control capabilities. Additionally, managing beneficial insects in controlled environments allows for precision agriculture, as farmers can closely monitor their performance and target specific pests. The ease of management in controlled environments presents an opportunity to maximize the effectiveness of beneficial insects, promoting sustainable agriculture and consistent crop protection outcomes.

Challenge: Reluctance among Farmers to Adopt Beneficial Insects.

A significant challenge in the adoption of beneficial insects is the reluctance among farmers to embrace this alternative pest control method. Limited awareness and knowledge about the benefits and effectiveness of beneficial insects contribute to this hesitation. Concerns about the economic viability and initial investment, compared to chemical pesticides, may deter farmers from exploring this option. The perceived complexity of managing beneficial insects, including handling and monitoring, can also be a deterrent. Additionally, resistance to change and reliance on traditional farming practices hinder the adoption of beneficial insects. Overcoming these challenges requires targeted education, training, and knowledge-sharing initiatives to highlight the benefits, cost-effectiveness, and proper management of beneficial insects in agriculture.

Beneficial Insects Market Ecosystem

Prominent companies in this market include well-established, financially stable manufacturers of beneficial insects. These companies have been operating in the market for several years and possess state-of-the-art technologies, a diversified product portfolio, and strong global sales and marketing networks. Prominent companies in this market include Applied Bio-nomics Ltd (Canada), Biobest Group NV (Belgium), Bioline AgroSciences Ltd (UK), Fargro Limited (UK), Andermatt Group AG (Switzerland), ARBICO Organics (US), BioBee Ltd (Israel), BIONEMA (UK), Koppert (Netherlands), Tip Top Bio-Control (US).

Increasing environmental concerns drive the adoption of beneficial insects.

The growing environmental concerns surrounding the harmful impacts of pesticides serve as a strong driver for the adoption of beneficial insects in agriculture. As awareness about the negative consequences of pesticide use on water and air pollution, soil degradation, and human health continues to rise, there is a pressing need for more sustainable pest control methods. Beneficial insects, being a natural and eco-friendly alternative, align perfectly with the goal of environmental preservation. Their ability to effectively control pests without leaving hazardous residues in the environment or food chain makes them an attractive solution for farmers seeking to reduce their ecological footprint. As a result, the increasing environmental concerns serve as a powerful driver, encouraging the widespread adoption of beneficial insects as a safer and more sustainable approach to crop protection.

Growing demand for pest-specific bio-control agents drive the adoption of beneficial insects.

The increasing demand for pest-specific bio-control agents is a significant driver behind the adoption of beneficial insects in agriculture. Farmers recognize the importance of using host-specific natural enemies as a targeted approach to pest control. The ability of beneficial insects to selectively target and eradicate specific pests while sparing other beneficial insects in the field is highly valued. The concept of a host range, where beneficial insects prey on specific pest species, ensures accurate and efficient pest management. This emphasis on pest specificity aligns with the growing demand for sustainable and environmentally friendly agricultural practices. As a result, the rising demand for pest-specific bio-control agents fuel the adoption of beneficial insects as an effective solution to address specific pest challenges, promoting integrated pest management strategies and reducing reliance on chemical pesticides.

North America is expected to dominate its market share in the market during the forecast period.

The beneficial insects market in the world is dominated by North America. Beneficial insects are one of the crop protection market's fastest-growing segments in North America. Due to growing consumer concern over their health and the environment, there is an increase in the market for organic crop protection solutions in North America. The consumption of organic products has also been heavily promoted because they don't include synthetic chemicals that leave behind residues and support the expansion of the beneficial insects market in North America.

Key Market Players

The key players in this include Applied Bio-nomics Ltd (Canada), Biobest Group NV (Belgium), Bioline AgroSciences Ltd (UK), Fargro Limited (UK), Andermatt Group AG (Switzerland), ARBICO Organics (US), BioBee Ltd (Israel), BIONEMA (UK), Koppert (Netherlands), Tip Top Bio-Control (US). These players in this market are focusing on increasing their presence by extending their product portfolio. These companies have a strong presence in North America, Asia Pacific, and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

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Scope of the Report

Report Scope

By type

• Predators
• Parasitoids
• Pathogens
• Pollinators

By application

• Crop protection
• Crop production

By crop type

• Fruits & vegetables
• Flowers & ornamentals
• Grains and pulses

By Region

• North America
• Europe
• Asia Pacific
• South America
• RoW

Recent Developments

• In August-2023, Biobest Group NV (Belgium) acquired Agronologica Unip. Lda. (Portugal), which will allow enhanced access to Biobest’s technical expertise, product portfolio, and optimized logistics, in Portugal for Agronologica.
• In May-2023, The Bionema (UK) introduced a new Digital Biocontrol Training platform to assist end-users in realizing the full potential of their highly successful biological-based crop protection and enhancement products the digital training platform opens with the application of biological insecticides.
• In MAY-2022, Bioline Agrosciences (UK) acquired Dudutech (Kenya), with this expansion in Africa to promote new environmental-friendly technologies in agriculture will help them to tap into the African market and promote new environmentally friendly technologies in agriculture.

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