Bioinsecticides Market - Segmented By Type (Pathogens (Bacillus Thuringiensis, Beauveria Bassiana, Verticillium Lecanii, Metarhizium Anisopliae And Others), Parasites, Predators, Natural Insecticides), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables And Others), By Formulation (Dry, Liquid), By Mode Of Application (Soil Treatment, Foliar Spray, Seed Treatment, Post-harvest), By Mechanism ( Mating Disruption, Suffocation, Anti-Feeding, Desiccation), & By Region - Global Forecast - 2027.

Updated On: January, 2024

ID: 1755

Pages: 175

Bioinsecticides Market Size & Growth (2022 - 2027)

Bioinsecticides Market was worth USD 4.3 Billion in 2021 and is expected to reach USD 6.5 Billion by 2026 with a CAGR of 19.29 %.

Bioinsecticides are biological agents used to kill pests that are harmful to plants. Every pest has its natural enemy which reduces its numbers. That includes bacteria, fungi, viruses, and insect parasitoids. For example Bacteria like Bacillus thuringenesis is effective against the cabbage looper which is caused by insect called Trichoplausiani. Some of the crop plants are modified through genetic engineering techniques by inserting cry genes of thuringenesis to develop resistance against the insects. So, the technological advancements in genetic engineering and manufacturing processes will strengthen the biological insecticides in the marketplace.

Bioinsecticides Market Drivers:

Rise in crop loss due to insects and diseases, development of pest-resistance to various chemicals, changing farming practices, and growing pest management industries are some of the major factors driving the market. However, some of the factors like the Stringent Regulations by EPA on pesticide use is slowing down growth of the market.

REPORT COVERAGE:

REPORT METRIC	DETAILS
Market Size Available	2021 – 2026
Base Year	2020
Forecast Period	2022 - 2027
CAGR	19.29%
Segments Covered	By Type, Crop Type, Mode of Application, Formulation and Mechanism and Region
Various Analyses Covered	Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
Regions Covered	North America, Europe, APAC, Latin America, Middle East & Africa
Market Leaders Profiled	Valent Biosciences Corporation, Syngenta AG, Bayer Crop Science AG, E. I. du Pont de Nemours and Company, Novozymes A/S, and Koppert B.V.

Market Segmentation:

Bioinsecticides Market - By Type:

Predators
Pathogens
Parasites
Natural insecticides

Bioinsecticides Market - By Crop Type:

Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others

Bioinsecticides Market - By Mode of Application:

Soil treatment
Seed treatment
Foliar spray
Post-harvest

Bioinsecticides Market - By Formulation and Mechanism:

Dry
Liquid

Geographical Analysis:

North America
Europe
Asia-Pacific
Latin America
Middle East & Africa

North America has the largest share in the market owing to rise in eco-friendly farming practices in North America.

Key Players:

Major Players in the global Bioinsecticides market are Valent Biosciences Corporation, Syngenta AG, Bayer Crop Science AG, E. I. du Pont de Nemours and Company, Novozymes A/S, and Koppert B.V.