Global Beneficial Insects Market Growth (Status and Outlook) 2023-2029

Global Beneficial Insects Market Growth (Status and Outlook) 2023-2029

Beneficial insects are any of a number of species of insects that perform valued services like pollination and pest control. The concept of beneficial is subjective and only arises in light of desired outcomes from a human perspective. In farming and agriculture, where the goal is to raise selected crops, insects that hinder the production process are classified as pests, while insects that assist production are considered beneficial.
LPI (LP Information)' newest research report, the “Beneficial Insects Industry Forecast” looks at past sales and reviews total world Beneficial Insects sales in 2022, providing a comprehensive analysis by region and market sector of projected Beneficial Insects sales for 2023 through 2029. With Beneficial Insects sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Beneficial Insects industry.
This Insight Report provides a comprehensive analysis of the global Beneficial Insects landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Beneficial Insects portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Beneficial Insects market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Beneficial Insects and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Beneficial Insects.
The global Beneficial Insects market size is projected to grow from US$ 317 million in 2022 to US$ 568.8 million in 2029; it is expected to grow at a CAGR of 8.7% from 2023 to 2029.
Global Beneficial Insects key players include Biobest, Bioline Agrosciences, Applied Bio-Nomics, Arbico Organics, Andermatt Biocontrol, etc. Global top five manufacturers hold a share over 25%. North America is the largest market, with a share over 30%, followed by Europe and Asia-Pacific, total have a share over 50 percent. In terms of product, Predators is the largest segment, with a share over 35%. And in terms of application, the largest application is Crop Protection, followed by Crop Production.
This report presents a comprehensive overview, market shares, and growth opportunities of Beneficial Insects market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Predators
Parasitoids
Pollinators
Others
Segmentation by application
Crop Protection
Crop Production
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Biobest
Bioline Agrosciences
Applied Bio-Nomics
Arbico Organics
Andermatt Biocontrol
Biological Services
Fargro
Biobee Biological Systems
Natural Insect Control
Tip Top Bio-Control

Please note: The report will take approximately 2 business days to prepare and deliver.