Global Bioinsecticides Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Bioinsecticides Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Source (Microbials, Plants, and Others), Application (Cereals & Grains, Oilseed and Pulses, Fruits and Vegetables, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Bioinsecticides Market was valued at USD 100.7 million in 2023 and is expected to reach USD 233.7 million by 2031 while growing at a CAGR of 11.1% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global bioinsecticides market growth. Bioinsecticides, derived from natural materials like plants, bacteria, fungi, or minerals, control insect pests by harnessing the inherent capabilities of living organisms. In contrast to synthetic chemical pesticides, they effectively manage and mitigate the impact of harmful insects on crops, gardens, and agricultural settings.
Increasing demand for organic and sustainable agriculture, coupled with ongoing advancements in biotechnology and genetic engineering, drives the bioinsecticides market. However, challenges like high production and application costs, along with limited efficacy against certain pests, may hinder its expansion.
Furthermore, the global bioinsecticides industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Source Analysis
The Global Bioinsecticides Market is segmented among Microbials, Plants, and Others, based on Product. In 2023, Microbials accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Bioinsecticides Market is segmented among Cereals & Grains, Oilseed and Pulses, Fruits and Vegetables, and Others, based on Application. In 2023, Cereals & Grains accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Bioinsecticides Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are BASF SE, Bayer AG, Certis USA L.L.C., Novozymes, Marrone Bio Innovations, Syngenta, Nufarm, VALENT BioSciences, BioWorks, Vestaron Corporation
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Bioinsecticides Market Dynamics
Drivers
Restraints
Opportunity
4. Global Bioinsecticides Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Bioinsecticides Market Segmentation, By Source
Global Bioinsecticides Market Share Analysis, By Source
Global Bioinsecticides Market Growth Analysis, By Source
Global Bioinsecticides Market Trends, By Source
o Microbials
o Plants
o Others
6. Global Bioinsecticides Market Segmentation, By Application
Global Bioinsecticides Market Share Analysis, By Application
Global Bioinsecticides Market Growth Analysis, By Application
Global Bioinsecticides Market Trends, By Application
o Cereals & Grains
o Oilseed and Pulses
o Fruits and Vegetables
o Others
7. Global Bioinsecticides Market Segmentation, By Region
Global Bioinsecticides Market Share Analysis, By Region
Global Bioinsecticides Market Growth Analysis, By Region
Global Bioinsecticides Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
BASF SE*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Bayer AG
Certis USA L.L.C.
Novozymes
Marrone Bio Innovations
Syngenta
Nufarm
VALENT BioSciences
BioWorks
Vestaron Corporation
*Similar analysis will be provided for each company listed above.
