Bioinsecticides Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027
The global bioinsecticides market is projected to grow at an impressive rate during the forecast period, 2023-2027. Factors such as growing demand for higher-yielding crops and quality food crop production, and increased demand for organic alternatives are driving the growth of the global bioinsecticides market. Besides, the expansion of area used for organic farming to fulfill the demand for health-conscious people and the use of integrated pest management (IPM) practices is further expected to contribute to the market growth. Bioinsecticides are a type of organic formulation to manages insects without adversely affecting the environment and non-target animals. They don't allow the insects to develop resistance quickly and help cure the plants efficiently. Organic materials are less toxic and favorable for environmental conditions. Increasing demand for organic materials like bio-fertilizers, bio-pesticides, and bioinsecticides makes the market players launch organic products.
The global bioinsecticides market is segmented into the mode of application, organism type, crop type, type, formulation, regional distribution, and competitive landscape. Based on the mode of application, the market is divided into seed treatment, soil treatment, foliar spray, and others. Foliar spray is expected to account for a significant market share in the forecast period, 2023-2027. They are witnessing high demand as they help the plants to recover the pest-infected plants. It is easier to handle and safe to use.
Major market players operating in the global bioinsecticides market are Bayer CropScience AG, Syngenta AG, BASF SE, Novozymes A/S, Nufarm Limited, Biobest Group NV, Valent BioSciences LLC, Kilpest India Limited, Bioworks Inc., and Certis U.S.A. LLC.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023–2027
Objective of the Study:
- To analyze the historical growth in the market size of the global bioinsecticides market from 2017 to 2021.
- To estimate and forecast the market size of global bioinsecticides market from 2023 to 2027 and growth rate until 2027.
- To classify and forecast the global bioinsecticides market based on mode of application, organism type, crop type, type, formulation, region, and company.
- To identify the dominant region or segment in the global bioinsecticides market.
- To identify drivers and challenges for the global bioinsecticides market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global bioinsecticides market.
- To identify and analyze the profiles of leading players operating in the global bioinsecticides market.
- To identify key sustainable strategies adopted by market players in global bioinsecticides market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of the Global bioinsecticides market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global bioinsecticides market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Bioinsecticides Market, By Mode of Application:
- Seed Treatment
- Soil Treatment
- Foliar Spray
- Others
- Bioinsecticides Market, By Organism Type:
- Bacillus Thuringiensis
- Beauveria Bassiana
- Metarhizium Anisopliae
- Baculovirus
- Others
- Bioinsecticides Market, By Crop Type:
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
- Others
- Bioinsecticides Market, By Type:
- Microbials
- Macrobials
- Bioinsecticides Market, By Formulation:
- Liquid
- Dry
- Bioinsecticides Market, By Region:
- North America
- United States
- Mexico
- Canada
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Kuwait
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global bioinsecticides market.
Company Information
- Detailed analysis and profiling of additional market players (up to five).
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