Global Beneficial Insect Market Insights Forecasts to 2033

• The Global Beneficial insect Market Size was Valued at USD 810 Million in 2023
• The Market Size is Growing at a CAGR of 10.05% from 2023 to 2033
• The Worldwide Beneficial Insect Market Size is Expected to Reach USD 2110 Million by 2033
• Asia Pacific is Expected to Grow the fastest during the forecast period.

The Global Beneficial Insect Market Size is Anticipated to Exceed USD 2110 Million by 2033, Growing at a CAGR of 10.05% from 2023 to 2033.

Market Overview

Beneficial insects are insects that provide valued services such as pest control, pollination, decomposition, and food sources (honey & silk). Beneficial insects safeguard plants, trees, shrubs, and landscapes as a result of the farmer’s increase and have a significant economic impact. Insects such as honey bees, silkworms, etc. are beneficial in nature. Silkworms are helpful in the production of silk and honey bees contribute to pollination as well as the production of honey. Beneficial insects are those which help the environment both directly and indirectly. Beneficial insects are a substitute for chemical pesticides, these beneficial insects and bugs consume or parasitize the particular pest. When it comes to farming, where the goal is to grow specific crops, insects that restrict the production process are considered to be pests, while those insects that support production are called beneficial insects. Growing consumer preference for organic products, many farmers use beneficial insects for growing organic crops. In worldwide agriculture, the usage of beneficial insects is growing due to emerging concepts including integrated pest management, precision farming, organic farming, and sustainable agriculture. The use of beneficial insects has increased due to the use of chemicals to control pests and diseases can have negative consequences on crops and the environment. That chemical residue has diverse effects on soil, water, crops, and other vegetation.

Report Coverage

This research report categorizes the market for the global beneficial insect market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global beneficial insect market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global beneficial insect market.

Driving Factors

The increasing trend of organic farming has resulted in a rise in demand for beneficial insects. As consumers become more aware of the health and environmental impacts of traditional farming techniques, these factors increase the demand for organic foods and products. Organic farming relies on traditional, environmentally friendly, and sustainable practices for pest control, which increases the demand for beneficial insects. The adverse impact of chemical pesticides on the ecosystem and agriculture has contributed to a rise in demand for more environmentally friendly pest management alternatives. Furthermore, continuous innovations in the field of biotechnology are anticipated to raise the mass production and as well as efficiency of beneficial insects, which increases the availability of beneficial insects and their usage in agriculture. The growing trends such as integrated pest management, urban agriculture, sustainable agriculture, and organic farming in all trends of agricultural practices need beneficial insects due to this demand for beneficial insect raising. Beneficial insects play an important role in the transfer of pollen from one flower to another flower and increase overall production is known as pollination.

Restraining Factors

A significant barrier to the growth of the global beneficial insect market is the understanding, knowledge gap, and application challenges of beneficial insects among farmers. Many farmers are not familiar with the particular beneficial insect species that work well to manage pests, and farmers are also not aware of their life cycle and insect behavior, which can result in inadequate utilization and inappropriate application. Furthermore, the use of beneficial insects might be hindered by resistance to change and a dependence on conventional agricultural methods. Beneficial insects have a short lifespan, and due to this beneficial insects need specialized expertise to manage. Additionally, it is difficult to regulate the environmental conditions, such as temperature, moisture, and humidity for the intent of raising beneficial insects. All these factors act as barriers to restricting the global beneficial insect market.

Market Segmentation

The global beneficial insect market share is classified into type, application, and crop type.

• The predators segment is expected to hold the largest share of the global beneficial insect market during the forecast period.   

Based on the type, the global beneficial insect market is divided into pollinators, parasitoids, pathogens, and predators. Among these, the predators segment is expected to hold the largest share of the global beneficial insect market during the forecast period. Pest adversely affects on economic value of crops to avoid crop damage predators are used to suppress the population of insect pests. Predators grasp and consume other organisms such as mites and insects. The reason behind the increasing demand for predators is, that both adult and larval stages of predators always search and destroy a variety of prey insects.

• The crop protection segment is expected to hold the largest share of the global beneficial insect market during the forecast period.   

Based on the application, the global beneficial insect market is divided into crop protection and crop production. Among these, the crop protection segment is expected to hold the largest share of the global beneficial insect market during the forecast period. Beneficial insect helps to avoid pests, weeds, and diseases of the crop which boosts overall crop productivity without using any chemical pesticide. These beneficial insects are frequently utilized as biological control agents to protect crops against pests. The major reason behind the rising demand crop protection sector is, that in organic farming beneficial insects are excellent substitutes for chemical pesticides.

• The fruits & vegetables segment is expected to hold the largest share of the global beneficial insect market during the forecast period.

Based on the crop type, the global beneficial insect market is divided into flowers & ornamentals, fruits & vegetables, and grains & pluses. Among these, the fruits & vegetables segment is expected to hold the largest share of the global beneficial insect market during the forecast period. Nowadays, consumers increasingly set a higher value on eating food that is healthier and organic food options which is obtained by sustainable agriculture practices. Demand for the fruit and vegetable segment is rising due to consumers becoming more interested in chemical residues and pesticide-free fruits and vegetables. The increased demand for beneficial insects emphasizes their critical role in ensuring the sustainable production of fruits and vegetables, meeting the needs of health-conscious customers, and fostering an environmentally conscious agriculture sector.

Regional Segment Analysis of the Global Beneficial Insect Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the global beneficial insect market over the predicted timeframe.

North America is anticipated to hold the largest share of the global beneficial insect market over the predicted timeframe. Farmers in North America support the use of beneficial insects as a competitive alternative to chemical pesticides, with an increased focus on sustainable agriculture and minimizing the use of chemical pesticides. The use of a biological control agent & techniques has increased significantly in the United States and Canada as a result consumer demand for the consumption of organic food, and environmental consciousness are rising. The well-established infrastructure for the production and distribution of beneficial insects in North America has contributed to their market dominance. The region's agricultural sector has realized the importance of these natural enemies including parasitic wasps, ladybugs, and predator mites in maintaining a pest crop balance, resulting in increased yields, enhanced quality, and lower chemical residues. As organic farming practices continue to get more popular then the demand for a global beneficial insect market in North America is increasing.

Asia Pacific is expected to grow at the fastest pace in the global beneficial insect market during the forecast period. The demand for organic food products is increasing in the Asia Pacific due to consumers becoming more health-conscious. As a result, the beneficial insect market in the region is expected to rapidly expand. This rising demand for organic products is a key driver for the growth of the beneficial insect industry in Asia Pacific. The Asia-Pacific region is home to a diverse range of ecosystems, providing a conducive environment for various beneficial insects. Governments in the Asia-Pacific region promote sustainable farming practices, including the use of beneficial insects.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global beneficial insect market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Applied Bionomics Ltd
• ARBICO Organics
• Andermatt Group AG
• Biobest Group NV
• BioBee Ltd
• Bioline AgroSciences Ltd
• BIONEMA
• Evergreen Growers Supply LLC
• Fargro Limited
• GrowLiv Biologicals
• IPM Laboratories Inc.
• KUNAFIN
• Koppert
• Nature’s Control
• Natural Pest Controls
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In May 2023, The Bionema (UK) launched a new Digital Biocontrol Training platform to help users maximize the potential of their successful biological-based crop protection and enhancement products. The platform begins with the application of biological insecticides.

• In May 2023 Biobest, a company specializing in biological control and pollination, recently acquired Bioworks, a manufacturer known for producing top-quality biopesticides in New York. Bioworks provides customized recommendations as part of integrated plant health management programs for growers in horticulture and specialty agriculture markets.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global beneficial insect market based on the below-mentioned segments:

Global Beneficial Insect Market, By Type

• Pollinators
• Parasitoids
• Pathogen
• Predators

Global Beneficial Insect Market, By Application

• Crop protection
• Crop production

Global Beneficial Insect Market, By Crop Type

• Flowers & Ornamentals
• Fruits & Vegetables
• Grains & Pluses

Global Beneficial Insect Market, Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa