Global Bioinsecticides Market Size study & Forecast, by Type (Macrobials, Microbials, Others), by Organism (Bacillus Thuringienis, Beauveria Bassiana, Verticillium Lecanii, Others), by Mode of Application (Foliar Spray, Soil Treatment, Seed Treatment, Oth

Global Bioinsecticides Market Size study & Forecast, by Type (Macrobials, Microbials, Others), by Organism (Bacillus Thuringienis, Beauveria Bassiana, Verticillium Lecanii, Others), by Mode of Application (Foliar Spray, Soil Treatment, Seed Treatment, Others), by Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others) and Regional Analysis, 2023-2030

Global Bioinsecticides Market is valued at approximately USD XXX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Bioinsecticides are a type of pesticide derived from natural sources such as plants, bacteria, fungi, and other microorganisms. They are used to control insect pests in agriculture, forestry, and public health. Unlike synthetic insecticides, bioinsecticides have minimal impact on non-target organisms and the environment. They are often more specific in their action, targeting only specific insect species or life stages. This makes them a valuable tool in integrated pest management programs. Examples of bioinsecticides include Bacillus thuringiensis (Bt), a bacterium that produces a protein toxic to certain insects, and neem oil, which is derived from the neem tree and has insecticidal properties. Other examples include spinosad, Beauveria bassiana, and Metarhizium anisopliae. The key factors such as rise in pest resurgence and Integrated Pest Management (IPM) measures, growing acceptance for organic food, rising awareness programs by government agencies, and huge crop loss due to invasive pest attacks are anticipated to create a lucrative demand for the market during forecast period.

Moreover, the rising crop loss due to invasive pest attacks is anticipated to create a lucrative demand for bioinsecticides. In 2021, According to the UN organization, pests currently cause over 40% of crop output losses worldwide, and plant diseases damage the world economy by more than $220 billion every year. A major contributor to the loss of biodiversity, invasive pests cost countries at least $70 billion annually. Additionally, high growth in bio-control seed treatment solutions is anticipated to create a lucrative opportunity for the market during the forecast period. However, the short shelf life of bioinsecticides stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Bioinsecticides Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the rising consumer awareness of the maximum residue level (MRL) on fruits and vegetables. As a result, consumers prefer fruits and vegetables that are free of residue, which has led to growers in this area seeing a rise in demand for bioinsecticides. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising personal disposable income, increasing supply-chain stakeholder focus on increasing production, increasing focus on crop quality, and surge in spending on research and development capabilities.

Major market players included in this report are:
BASF SE (Germany)
BAYER AG (Germany)
Biobest Group NV (Belgium)
Certis USA LLC (US)
Novozymes A/S (Denmark)
Marrone Bio Innovations (US)
Syngenta AG (Switzerland)
Nufarm (Australia)
Som Phytopharma India Ltd (India)
Valent Biosciences LLC (US)

Recent Developments in the Market:
In 2020, With Anasac Chile S.A., Marrone Bio Innovations, Inc. entered into an industrial deal to develop the bioinsecticides ""GRANDEVO"" and ""VENERATE"" and market them in that region.

Global Bioinsecticides Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Organism, Mode of Application, Crop Type, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Type offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type:
Macrobials
Microbials
Others
By Organism:
Bacillus Thuringienis
Beauveria Bassiana
Verticillium Lecanii
Others
By Mode of Application:
Foliar Spray
Soil Treatment
Seed Treatment
Others
By Crop Type:
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
BASF SE (Germany)
BAYER AG (Germany)
Biobest Group NV (Belgium)
Certis USA LLC (US)
Novozymes A/S (Denmark)
Marrone Bio Innovations (US)
Syngenta AG (Switzerland)
Nufarm (Australia)
Som Phytopharma India Ltd (India)
Valent Biosciences LLC (US)

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