Bioinsecticides Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Bioinsecticides Market : By Insecticide type (Beauveria Bassiana, Bacillus Thruingiensis, Metarhizium Anisopliae, Verticillium Lecanii), By Mode Of Application (Seed Treatment, Foliar Spray, Soil Treatment, Post-harvest), By Mechanism of Action (Anti-feeding, Mating disruption, Desiccation, Suffocation), By Formulation Type (Solid bioinsecticides, Liquid bioinsecticides), By Crop Type (Vegetables and fruits, Cereals and grains, Oilseeds and pulses, Others) and Geography 

 

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Report

Description

The global Bioinsecticides Market was valued at USD 2.4 billion in 2021 and is anticipated to grow at USD 4.7 billion by 2028 recording a CAGR of 15.9% during the forecast period 2022-2028. The compounds used to destroy insects are known as insecticides. Insects often cause crop damage and hinder plant and crop growth. This results in a decrease in production. Bioinsecticides Market is made from organic ingredients including animals, plants, microbes, or minerals. Live bacteria that produce poison are found in several bio pesticides. This toxin is damaging to insects because it causes poison to be produced in their stomachs, killing them. Biochemical insecticides, microbial insecticides, and plant-incorporated protectants are the three types of insecticides. VBT, Toxin, and Shock are some of the bio insecticides currently on the market. Market players are focusing on the development of newer bioinsecticides due to low cost of R&D activities and increase in the demand for bioinsecticides than synthetic products. Developed countries have a significant share in bioinsecticides market owing to increase in the awareness about the benefits of bioinsecticide products. Moreover, acquisitions and mergers, collaborations, product approvals, and product launchings are the strategies followed by the companies for increasing their revenue share in bioinsecticides market. For instance, in July 2016, Marrone Bio Innovations received the Mexico regulatory authority’s approval for its bioinsecticide products Grandevo and Venerate. Moreover, in January 2016, Lallemand expanded its plants care unit in Latin America by the acquisition of Labortorio farroupilha including bioinsecticide products. In May 2017, Marrone Bio Innovations and Agri-Star inked a distribution agreement for the distribution of bioinsecticides Venerate and Grandevo in Mexico

 


Global Bioinsecticides Market

MARKET SUMMARY
-
15.9%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR–15.9%
  • Largest Market– North America
  • Fastest Growing Market–Europe

Bioinsecticides Market

  • Global Bioinsecticides market is segmented on the basis of insecticide type, mode of application, mechanism of action, formulation type, crop type and Geography.
  • Increase in the awareness about the environmental hazards with synthetic insecticides, rise in mutation in natural flora and infertility of soil due to chemical insecticides, cost-effective and simple culturing process, an increase in the crop loss due to the insect diseases are anticipated to fuel the bioinsecticides market over the forecast period.
  • Moreover, government initiatives to the change farming practices, development of newer bioinsecticide products, and increase in the demand for healthy food products are expected to propel the bioinsecticides market over the forecast period.
  • However, stringent regulatory policies on pesticides, slow mode of action of bioinsecticides, and lesser shelf life of products are expected to restrain the bioinsecticides market over the forecast timeframe.
Market Key Players
  • Novozymes A/S
  • BASF SE
  • Bayer CropScience AG
  • The Dow Chemical Company
  • Marrone Bio Innovations Inc.
  • Syngenta AG
  • Valent BioSciences Corporation
  • Koppert B.V.
Growth

Bioinsecticides Market

Bioinsecticides are the biological agents used to inhibit the growth of pests, which are harmful to plants. These bioinsecticides uses organic toxins to kill the insects to improve the crop yield, most of the bioinsecticides are derived from the microorganisms include fungi, bacteria, and viruses. Bioinsecticides are used in very small quantities and their mechanism of action is slow and targeted. Bioinsecticides are generally used to prevent the growth of insects and disease carriers such as spiders, ticks, and rats among others. The commercially available bioinsecticides are live microorganisms, hence their action depends on the soil pH, optimum temperature, and humidity.


North-America Got Significant Share

Bioinsecticides Market

Geographically, bioinsecticides market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America bioinsecticides market exhbiting significant growth owing to rise in organic and eco-friendly farming, increase in the demand for healthy food products, rise in the R&D activities for the innovation of newer bioinsecticides, and increase in the production of fruits and vegetables in the region. Europe bioinsecticides market accounted for significant share, owing to increase in the awareness about the bioinsecticides, low cost and better availability of the products, and high adoption of eco-friendly farming are the factors upsurge the revenue of Europe bioinsecticides market. Moreover, Asia Pacific bioinsecticides market expected to grow at significant rate over the forecast period due to increase in the dependence on farming in India and China, increase in awareness about the bioinsecticide products benefits, and low cost of the products are bolster the market in the region.

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

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2016 to 2021) and forecast (2022 to 2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Bioinsecticides Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global Bioinsecticides Market Introduction
    • Global Bioinsecticides Market – Taxonomy
    • Global Bioinsecticides Market –Definitions
      • Insecticide Type
      • Mode of Application
      • Mechanism Of Action
      • Formulation Type
      • Crop Type
  1. Global Bioinsecticides Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Bioinsecticides Market Dynamic Factors – Impact Analysis
    • Global Bioinsecticides Market – Competition Landscape
    • Epidemiology
  2. Global Bioinsecticides Market Analysis,2015 – 2019 and Forecast, 2020 – 2026
    • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market OpportunityAnalysis
  3. Global Bioinsecticides Market, By Insecticide Type, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Beauveria Bassiana
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Bacillus Thruingiensis
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Metarhizium Anisopliae
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Verticillium Lecanii
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Bioinsecticides Market Forecast, By Mode of Application,2015 – 2019 and Forecast, 2020 – 2026
    • Seed Treatment
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Foliar Spray
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Soil Treatment
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Post-harvest
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Bioinsecticides Market Forecast, By Mechanism of Action, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Anti-feeding
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Mating disruption
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Desiccation
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Suffocation
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Bioinsecticides Market Forecast, By Formulation Type, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Solid bioinsecticides
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Liquid bioinsecticides
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Bioinsecticides Market Forecast, By Crop Type, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Vegetables and fruits
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Cereals and grains
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Oilseeds and pulses
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Bioinsecticides Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Bioinsecticides Market – Opportunity Analysis Index, By Insecticide Type, By Mode of Application, By Mechanism of Action, By Formulation Type, By Crop Type and Region, 2020 – 2026
  2. North America Bioinsecticides MarketAnalysis,2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Insecticide Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Beauveria Bassiana
      • Bacillus Thruingiensis
      • Metarhizium Anisopliae
      • Verticillium Lecanii
    • Mode of Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Seed Treatment
      • Foliar Spray
      • Soil Treatment
      • Post-harvest
    • Mechanism Of Action Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Anti-feeding
      • Mating disruption
      • Desiccation
      • Suffocation
    • Formulation Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Solid bioinsecticides
      • Liquid bioinsecticides
    • Crop Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Vegetables and fruits
      • Cereals and grains
      • Oilseeds and pulses
      • Others
    • Country Analysis 2016 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America Bioinsecticides Market – Opportunity Analysis Index, By Insecticide Type, By Mode of Application, By Mechanism of Action, By Formulation Type, By Crop Type and Country, 2020 – 2026
    • North America Bioinsecticides Market Dynamics – Trends
  3. Europe Bioinsecticides Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Insecticide Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Beauveria Bassiana
      • Bacillus Thruingiensis
      • Metarhizium Anisopliae
      • Verticillium Lecanii
    • Mode of Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Seed Treatment
      • Foliar Spray
      • Soil Treatment
      • Post-harvest
    • Mechanism Of Action Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Anti-feeding
      • Mating disruption
      • Desiccation
      • Suffocation
    • Formulation Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Solid bioinsecticides
      • Liquid bioinsecticides
    • Crop Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Vegetables and fruits
      • Cereals and grains
      • Oilseeds and pulses
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Bioinsecticides Market – Opportunity Analysis Index, By Insecticide Type, By Mode of Application, By Mechanism of Action, By Formulation Type, By Crop Type and Country, 2020 – 2026
    • Europe Bioinsecticides Market Dynamics – Trends
  4. Asia-Pacific Bioinsecticides Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Insecticide Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Beauveria Bassiana
      • Bacillus Thruingiensis
      • Metarhizium Anisopliae
      • Verticillium Lecanii
    • Mode of Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Seed Treatment
      • Foliar Spray
      • Soil Treatment
      • Post-harvest
    • Mechanism Of Action Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Anti-feeding
      • Mating disruption
      • Desiccation
      • Suffocation
    • Formulation Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Solid bioinsecticides
      • Liquid bioinsecticides
    • Crop Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Vegetables and fruits
      • Cereals and grains
      • Oilseeds and pulses
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Bioinsecticides Market – Opportunity Analysis Index, By Insecticide Type, By Mode of Application, By Mechanism of Action, By Formulation Type, By Crop Type and Country, 2020 – 2026
    • Asia-Pacific Bioinsecticides Market Dynamics – Trends
  5. Latin America Bioinsecticides Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Insecticide Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Beauveria Bassiana
      • Bacillus Thruingiensis
      • Metarhizium Anisopliae
      • Verticillium Lecanii
    • Mode of Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Seed Treatment
      • Foliar Spray
      • Soil Treatment
      • Post-harvest
    • Mechanism Of Action Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Anti-feeding
      • Mating disruption
      • Desiccation
      • Suffocation
    • Formulation Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Solid bioinsecticides
      • Liquid bioinsecticides
    • Crop Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Vegetables and fruits
      • Cereals and grains
      • Oilseeds and pulses
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Bioinsecticides Market – Opportunity Analysis Index, By Insecticide Type, By Mode of Application, By Mechanism of Action, By Formulation Type, By Crop Type and Country, 2020 – 2026
    • Latin America Bioinsecticides Market Dynamics – Trends
  6. Middle East and Africa Bioinsecticides Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Insecticide Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Beauveria Bassiana
      • Bacillus Thruingiensis
      • Metarhizium Anisopliae
      • Verticillium Lecanii
    • Mode of Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Seed Treatment
      • Foliar Spray
      • Soil Treatment
      • Post-harvest
    • Mechanism Of Action Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Anti-feeding
      • Mating disruption
      • Desiccation
      • Suffocation
    • Formulation Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Solid bioinsecticides
      • Liquid bioinsecticides
    • Crop Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Vegetables and fruits
      • Cereals and grains
      • Oilseeds and pulses
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Bioinsecticides Market – Opportunity Analysis Index, By Insecticide Type, By Mode of Application, By Mechanism of Action, By Formulation Type, By Crop Type and Country, 2020 – 2026
    • MEA Bioinsecticides Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Insecticide Type& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Novozymes A/S (Denmark)
      • BASF SE (Germany)
      • Bayer CropScience AG (Germany)
      • The Dow Chemical Company (U.S.)
      • Marrone Bio Innovations Inc. (U.S.)
      • Syngenta AG (Switzerland)
      • Valent BioSciences Corporation (U.S.)
      • Koppert B.V. (Netherlands)
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • Novozymes A/S (Denmark)
  • BASF SE (Germany)
  • Bayer CropScience AG (Germany)
  • The Dow Chemical Company (U.S.)
  • Marrone Bio Innovations Inc. (U.S.)
  • Syngenta AG (Switzerland)
  • Valent BioSciences Corporation (U.S.)
  • Koppert B.V. (Netherlands)

Description

The global Bioinsecticides Market was valued at USD 2.4 billion in 2021 and is anticipated to grow at USD 4.7 billion by 2028 recording a CAGR of 15.9% during the forecast period 2022-2028. The compounds used to destroy insects are known as insecticides. Insects often cause crop damage and hinder plant and crop growth. This results in a decrease in production. Bioinsecticides Market is made from organic ingredients including animals, plants, microbes, or minerals. Live bacteria that produce poison are found in several bio pesticides. This toxin is damaging to insects because it causes poison to be produced in their stomachs, killing them. Biochemical insecticides, microbial insecticides, and plant-incorporated protectants are the three types of insecticides. VBT, Toxin, and Shock are some of the bio insecticides currently on the market. Market players are focusing on the development of newer bioinsecticides due to low cost of R&D activities and increase in the demand for bioinsecticides than synthetic products. Developed countries have a significant share in bioinsecticides market owing to increase in the awareness about the benefits of bioinsecticide products. Moreover, acquisitions and mergers, collaborations, product approvals, and product launchings are the strategies followed by the companies for increasing their revenue share in bioinsecticides market. For instance, in July 2016, Marrone Bio Innovations received the Mexico regulatory authority’s approval for its bioinsecticide products Grandevo and Venerate. Moreover, in January 2016, Lallemand expanded its plants care unit in Latin America by the acquisition of Labortorio farroupilha including bioinsecticide products. In May 2017, Marrone Bio Innovations and Agri-Star inked a distribution agreement for the distribution of bioinsecticides Venerate and Grandevo in Mexico

 

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