North America Bioinsecticides Market

North America Bioinsecticides Market Size & Growth (2022 - 2027)

North America Bioinsecticides Market was worth USD 1.42 Billion in 2021 and is expected to reach USD 2.25 Billion by 2026 with a CAGR of 17.7 %. Bioinsecticides are organic formulations that are used to kill pests or insects which cause damage to crops. They are completely different from synthetic insecticides. They contain live bacteria which produces toxins that kill insects and bugs. These toxins don’t have harmful effects on humans or the environment. Unlike these chemical insecticides, these bio-insecticides give everlasting protection to crops and also soil.

North America Bioinsecticides Market Drivers:

Factors such as rise in crop loss due to insects and diseases, changing farming practices, and development of pest resistance to various chemicals, increasing demand for eco-friendly products are driving the North America market. However, some of the factors like the Stringent Regulations on pesticide use are slowing down the growth of the North America market.

NORTH AMERICA BIOINSECTICIDES MARKET  REPORT COVERAGE:

Market Segmentation:

North America Bioinsecticides Market – By Type:

• Predators

• Pathogens & Parasites
• Natural insecticides

North America Bioinsecticides Market – By Crop Type:

• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Others

North America Bioinsecticides Market – By Mode of Application:

• Soil Treatment
• Seed Treatment
• Foliar Spray
• Post-Harvest

North America Bioinsecticides Market – By Formulation and Mechanism:

• Dry
• Liquid

Geographical Analysis:

Geographically, this market is further segmented into

• US
• Canada

North America has the highest share in the market owing to the developed agricultural practices.

Key Players:

Some of the Major Players in this 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.