[188 Pages Report] The Beneficial Insects Market size was estimated at USD 946.84 million in 2023 and expected to reach USD 1,029.69 million in 2024, at a CAGR 9.18% to reach USD 1,751.90 million by 2030.
Beneficial insects provide natural pest control solutions and pollination services for agricultural crops and green spaces. These insects are considered environmentally friendly alternatives to chemical pesticides, contributing to sustainable agriculture and maintaining ecological balance. The demand for organic food is rising due to increasing health awareness among consumers, resulting in adopting of eco-friendly methods, including beneficial insects in crop production that reduce synthetic pesticides. Governmental support through policies and subsidies promoting integrated pest management (IPM) strategies contributes significantly to the adoption of beneficial insects. However, the lack of awareness among farmers about biological pest control methods may lead to slow adoption rates of beneficial insects. Moreover, research advancements in understanding insect biology have led to the development of more effective applications of these organisms in pest management systems.
The beneficial insect market is evolving in the Americas owing to its increased recognition in integrated pest management (IPM) for improved agriculture and horticulture practices. The European Union (EU) has made significant investments in developing and implementing environmentally friendly pest management solutions. EU regulations encourage farmers to adopt IPM practices that minimize reliance on chemical pesticides. In the Middle East, various countries are exploring the potential benefits of using native insect species for pest control, particularly in date palm cultivation. African nations face unique challenges related to climate change and food security, which necessitate the development of sustainable agricultural practices, including the use of beneficial insects. APAC region is increasingly focusing on biological control methods to address food safety and environmental issues stemming from intensive pesticide use. Additionally, growing consumer preference for organic produce has driven interest in natural pest control measures in the APAC region. Besides, significant government support for sustainable agricultural practices and improved breeding methods of beneficial insects are anticipated to expand their use in horticulture and agriculture globally.
Parasitoids are the type of beneficial insects that lay their eggs on or inside the bodies of arthropods, ultimately causing the host's death as the parasitoid larvae develop and consume its tissues. These insects are crucial in controlling pest populations, contributing to sustainable agricultural practices. Parasitoids are essential for farmers seeking natural pest control solutions that do not rely on chemicals. Pollinators are beneficial insects essential for maintaining healthy ecosystems and ensuring food security through pollination services provided to various crops. The need-based preference for pollinator species is driven primarily by their ability to increase crop yields while promoting biodiversity within agricultural systems. Predatory insects play a vital role in maintaining ecological balance by preying on various pests and preventing their populations from reaching harmful levels. The need-based preference for predators depends on their ability to effectively manage agricultural pests while minimizing harm to non-target organisms or natural ecosystems. Comparative analysis indicates that predators often have broader prey ranges compared to parasitoids, making them more versatile in controlling multiple pest species simultaneously.
The flowers and ornamentals rely on beneficial insects to reduce pesticide usage and promote sustainable pest management practices. Predatory mites such as Amblyseius swirskii and Aphidoletes aphidimyza are prevalent for controlling pests, including thrips, whiteflies, aphids, and spider mites. Fruit and vegetable growers also benefit from the use of beneficial insects as they help maintain a balance between pests and natural predators within these agroecosystems. Beneficial insects used in fruit and vegetable crops are ladybugs, lacewings, Trichogramma wasps, and predatory mites. Grain and pulse growers use beneficial insects to bolster their integrated pest management strategies and reduce chemical inputs.
In crop production, beneficial insects play a significant role in enhancing healthy plant growth and improving yields. These insects are essential for pollination, directly impacting fruit and seed production. Another major contributor to crop production is soil-dwelling beneficial insects, including predatory mites and nematodes that help control pests by feeding on their eggs or larvae. Crop protection focuses on managing pests and diseases that negatively affect plant health and reduce yields. Beneficial insects serve as natural biological control agents in this process by preying on harmful pests, reducing the reliance on chemical pesticides. The primary difference between crop production and crop protection is their objectives: promoting plant growth through pollination versus safeguarding plants from harmful pests or diseases.
The market dynamics represent an ever-changing landscape of the Beneficial Insects Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
The market disruption analysis delves into the core elements associated with market-influencing changes, including breakthrough technological advancements that introduce novel features, integration capabilities, regulatory shifts that could drive or restrain market growth, and the emergence of innovative market players challenging traditional paradigms. This analysis facilitates a competitive advantage by preparing players in the Beneficial Insects Market to pre-emptively adapt to these market-influencing changes, enhances risk management by early identification of threats, informs calculated investment decisions, and drives innovation toward areas with the highest demand in the Beneficial Insects Market.
The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Beneficial Insects Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.
The value chain of the Beneficial Insects Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of the <> market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.
The pricing analysis comprehensively evaluates how a product or service is priced within the Beneficial Insects Market. This evaluation encompasses various factors that impact the price of a product, including production costs, competition, demand, customer value perception, and changing margins. An essential aspect of this analysis is understanding price elasticity, which measures how sensitive the market for a product is to its price change. It provides insight into competitive pricing strategies, enabling businesses to position their products advantageously in the Beneficial Insects Market.
The technology analysis involves evaluating the current and emerging technologies relevant to a specific industry or market. This analysis includes breakthrough trends across the value chain that directly define the future course of long-term profitability and overall advancement in the Beneficial Insects Market.
The patent analysis involves evaluating patent filing trends, assessing patent ownership, analyzing the legal status and compliance, and collecting competitive intelligence from patents within the Beneficial Insects Market and its parent industry. Analyzing the ownership of patents, assessing their legal status, and interpreting the patents to gather insights into competitors' technology strategies assist businesses in strategizing and optimizing product positioning and investment decisions.
The trade analysis of the Beneficial Insects Market explores the complex interplay of import and export activities, emphasizing the critical role played by key trading nations. This analysis identifies geographical discrepancies in trade flows, offering a deep insight into regional disparities to identify geographic areas suitable for market expansion. A detailed analysis of the regulatory landscape focuses on tariffs, taxes, and customs procedures that significantly determine international trade flows. This analysis is crucial for understanding the overarching legal framework that businesses must navigate.
The regulatory framework analysis for the Beneficial Insects Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Beneficial Insects Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Beneficial Insects Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
USDA NIFA Invests USD 26.7 Million to Further Research into Pests and Beneficial Species (AFRI A1112)
The USDA-NIFA has made a significant investment of USD 26.7 million to further research pests and beneficial species in Africa. The research primarily concentrates on the study of beneficial insects, which play a crucial role in providing invaluable services to ecosystems. These insects contribute to increased crop yields and enhanced biodiversity, making them essential for sustainable agriculture and environmental conservation efforts. [Published On: 2023-05-24]
USask Invites Media to Attend Launch of New Insect Research Facility
The University of Saskatchewan is inviting media professionals to attend the launch of its new research facility focused on beneficial insects. This state-of-the-art facility aims to deepen our understanding of these insects and promote their importance in various areas, including the environment, agriculture, and human health. This event presents an excellent opportunity to learn more about the significant benefits that beneficial insects offer and their potential impact on our well-being. [Published On: 2023-04-04]
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Beneficial Insects Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
The report delves into recent significant developments in the Beneficial Insects Market, highlighting leading vendors and their innovative profiles. These include Anatis Bioprotection, Andermatt Group AG, Applied Bio-nomics Ltd., Arizona Biological Control, Inc., BioBee Ltd., Biobest Group, Bioline AgroSciences Ltd. Corporation, Biological Services, Bionema Limited, Corteva Agriscience, Evergreen Growers Supply, LLC, Growliv Biologicals, IPM laboratories, Inc., Koppert B.V., Organic Control, Inc., and Tip Top Agriculture.
This research report categorizes the Beneficial Insects Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Type
- Parasitoids
- Pollinators
- Predators
- Crop Type
- Flowers & Ornamentals
- Fruits & Vegetables
- Grains & Pulses
- Application
- Crop Production
- Crop Protection
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
- Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
- Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
- Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
- Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
- Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.
- What is the current market size and projected growth?
- Which products, segments, applications, and regions offer promising investment opportunities?
- What are the prevailing technology trends and regulatory frameworks?
- What is the market share and positioning of the leading vendors?
- What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?
- Preface
- Research Methodology
- Executive Summary
- Market Overview
- Market Insights
- Beneficial Insects Market, by Type
- Beneficial Insects Market, by Crop Type
- Beneficial Insects Market, by Application
- Americas Beneficial Insects Market
- Asia-Pacific Beneficial Insects Market
- Europe, Middle East & Africa Beneficial Insects Market
- Competitive Landscape
- Competitive Portfolio
- List of Figures [Total: 22]
- List of Tables [Total: 284]
- List of Companies Mentioned [Total: 16]
Enhancement of Pest Control:
Insects such as parasitoid wasps, ladybugs, and lacewings are popular, beneficial insects that control pests indirectly. They are predators that prey on harmful insects and regulate their numbers. With the increased production of beneficial insects, technologies such as automated rearing units have made it possible to scale-up agriculture practices at a lower cost while increasing efficiency. The precision with which beneficial insects can be released on crops helps in directly addressing pest problems. Mass production helps address issues of pesticide resistance and further reduces the risk of chemicals entering the food chain.
Increased Crop Yields:
Introducing beneficial insects to farms results in significantly increased crop yields. The use of beneficial insects reduces the reliance on chemical control of harmful insects. Beneficial insects are intelligent and can locate specific plants in search of prey. These insects protect crops from pests and facilitate the pollination process, resulting in increased yield, higher quality crops, and improved farm profitability. The use of beneficial insects is particularly beneficial in organic farming practices, which rely heavily on nature to continue agricultural production.
Reduced Environmental Impact:
Conventional agriculture practices contribute to environmental pollution as they rely heavily on chemical pesticides. The widespread use of pesticides poses a significant threat to the environment by contaminating the soil, water, and air. The overuse of pesticides has resulted in the development of resistance among pests and increased the use of stronger pesticides, further damaging the environment. The use of beneficial insects is eco-friendly and sustainable, as they reduce the need for chemical pesticides, resulting in a better and healthier environment.
Increased Profits:
The use of beneficial insects in pest control has proven to be economically sustainable. The innovation in mass production practices has made the production of beneficial insects affordable and efficient. The cost of mass production is lower compared to the use of conventional pesticides as essential equipment, such as automated rearing units, are durable and have a reduced maintenance cost. The introduction of beneficial insects also results in higher crop yields, hence increased profitability for farmers.
The integration of beneficial insects in agriculture practices is a significant step towards promoting sustainable and ecologically sound practices. The mass production of beneficial insects is an innovative solution that is cost-effective, efficient, and environmentally sustainable. The technology used in mass production has revolutionized the agriculture industry by providing farmers with a natural approach to pest control that is profitable and yields a positive outcome. As we continue to explore ways to make agriculture sustainable, introducing the use of beneficial insects in farming practices is a step toward achieving a better tomorrow.
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