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Bioinsecticides Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: Mar 2022
  • Pages: 123
  • SKU: IRTNTR72888
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The bioinsecticides market share is expected to increase by USD 1.96 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 14.18%.

This bioinsecticides market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers bioinsecticides market segmentation by application (crop-based and non-crop-based) and geography (North America, APAC, South America, Europe, and Middle East and Africa). The bioinsecticides market report also offers information on several market vendors, including AgBiTech Pty Ltd., Andermatt Group AG, BASF SE, Bayer AG, Biobest Group NV, BioSafe Systems LLC, BioWorks Inc., DuPont de Nemours Inc., Futureco Bioscience SA, IPL Biologicals Ltd., Kan biosys, Koppert Biological Systems, Marrone Bio Innovations Inc., Mitsui and Co. Ltd., Novozymes AS, Nufarm Ltd., Syngenta AG, Valent BioSciences LLC, Vestaron Corp., and Kilpest India Ltd. among others.

What will the Bioinsecticides Market Size be During the Forecast Period?

Bioinsecticides Market Size

Download the Free Report Sample to Unlock the Bioinsecticides Market Size for the Forecast Period and Other Important Statistics

 

Bioinsecticides Market: Key Drivers, Trends, and Challenges

The growing demand for organic farming and organic food is notably driving the bioinsecticides market growth, although factors such as the availability of synthetic pesticides and herbicides may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the bioinsecticides industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Bioinsecticides Market Driver

The growing demand for organic farming and organic food is one of the key drivers supporting the bioinsecticides market growth. Biological products such as microbiological products and biofertilizers have attracted a lot of attention and are being promoted on a large scale. To tap the growing awareness of organic agriculture, various types of organic and biological inputs have been launched and are being sold to farmers. The key factors behind the increase in the demand for organic food are an increasing number of health-conscious individuals, increasing environmental concerns, and governmental support toward awareness and the use of organic products. Such key factors will drive market growth during the forecast period.

Key Bioinsecticides Market Trend

Increasing governmental support for the use of bio-based products in agriculture is one of the key bioinsecticides market trends that is contributing to the market growth. The governments of various countries are undertaking initiatives for the promotion of bioinsecticides. These include farm-level extension and promotion programs, financial assistance to investors in setting up units, subsidies on sales, and direct production in public sector spaces, cooperative organizations, universities, and research institutions. When the bioinsecticides industry gains momentum and develops with the assistance of such government initiatives, there is an anticipated increase in the sales volume and diffusion of bioinsecticides. Moreover, the rising need for sustainable agricultural techniques has led to the adoption of bio-based products by farmers. Thus, increased support from various governments will enable the growth of the global bioinsecticides market during the forecast period.

Key Bioinsecticides Market Challenge

The availability of synthetic pesticides and herbicides is one of the factors hindering the bioinsecticides market growth. Vendors are expanding their product portfolio by launching new variants of synthetic pesticides and herbicides. For instance, in January 2020, FMC Corp. announced the launch of a new herbicide named Authority Edge. It has already received the EPA registration for use in soybeans, sunflowers, and dry-shelled peas, including chickpeas. The presence of such harmful herbicides in the market is attributed to their lower cost compared with their substitutes. Therefore, the availability of synthetic pesticides and herbicides is expected to hamper the growth of the bioinsecticides market during the forecast period.

This bioinsecticides market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global bioinsecticides market as a part of the global diversified chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the bioinsecticides market during the forecast period.

Who are the Major Bioinsecticides Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • AgBiTech Pty Ltd.
  • Andermatt Group AG
  • BASF SE
  • Bayer AG
  • Biobest Group NV
  • BioSafe Systems LLC
  • BioWorks Inc.
  • DuPont de Nemours Inc.
  • Futureco Bioscience SA
  • IPL Biologicals Ltd.
  • Kan biosys
  • Koppert Biological Systems
  • Marrone Bio Innovations Inc.
  • Mitsui and Co. Ltd.
  • Novozymes AS
  • Nufarm Ltd.
  • Syngenta AG
  • Valent BioSciences LLC
  • Vestaron Corp.
  • Kilpest India Ltd.

 

This statistical study of the bioinsecticides market encompasses successful business strategies deployed by the key vendors. The bioinsecticides market is fragmented and the vendors are deploying growth strategies such as price, quality, brand, and variety to compete in the market.

Product Insights and News

  • BASF SE - Through the chemical segment, the company includes petrochemicals and intermediates divisions.
  • BASF SE - The company offers bioinsecticides product brands under the brand name AgCelence. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The bioinsecticides market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Bioinsecticides Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the bioinsecticides market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Bioinsecticides Market?

Bioinsecticides Market Market segmentation by region

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39% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for the bioinsecticides market in North America. Market growth in this region will be faster than the growth of the market in other regions.

The growing demand for organic farm products and stringent regulatory structures on the use of chemical fertilizers will facilitate the bioinsecticides market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 in 2020 compelled governments in North America to impose new guidelines amidst the outbreak, which led to having a negative impact on the regional market. the lockdowns were lifted in Q4 2020, and vendors in the market also resumed their business activities in Q4 2020. Such factors will drive market growth during the forecast period.

What are the Revenue-generating Application Segments in the Bioinsecticides Market?

Bioinsecticides Market Segmentation

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The bioinsecticides market share growth by the crop-based segment will be significant during the forecast period. Crop-based bioinsecticides are better alternatives to chemical pesticides, as they are derived from natural resources such as minerals and bacteria. They control the ill effects of pests, weeds, and other insects on crops. They treat and protect crops without harming the soil. Bioinsecticides are usually spread on plants and crops. They are replacing synthetic pesticides in many crops and playing a significant role in agriculture and sustainable practices. Such factors are anticipated to drive market growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the bioinsecticides market size and actionable market insights on post COVID-19 impact on each segment.

 

Bioinsecticides Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 14.18%

Market growth 2022-2026

$ 1.96 billion

Market structure

Fragmented

YoY growth (%)

13.25

Regional analysis

North America, APAC, South America, Europe, and Middle East and Africa

Performing market contribution

North America at 39%

Key consumer countries

US, Canada, China, India, and Brazil

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AgBiTech Pty Ltd., Andermatt Group AG, BASF SE, Bayer AG, Biobest Group NV, BioSafe Systems LLC, BioWorks Inc., DuPont de Nemours Inc., Futureco Bioscience SA, IPL Biologicals Ltd., Kan biosys, Koppert Biological Systems, Marrone Bio Innovations Inc., Mitsui and Co. Ltd., Novozymes AS, Nufarm Ltd., Syngenta AG, Valent BioSciences LLC, Vestaron Corp., and Kilpest India Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Bioinsecticides Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive bioinsecticides market growth during the next five years
  • Precise estimation of the bioinsecticides market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the bioinsecticides industry across North America, APAC, South America, Europe, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of bioinsecticides market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Application

    • 5.1 Market segments
      • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
    • 5.2 Comparison by Application
      • Exhibit 26: Chart on Comparison by Application
      • Exhibit 27: Data Table on Comparison by Application
    • 5.3 Crop based - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Crop based - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Crop based - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Crop based - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Crop based - Year-over-year growth 2021-2026 (%)
    • 5.4 Non crop based - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Non crop based - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Non crop based - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Non crop based - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Non crop based - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Application
      • Exhibit 36: Market opportunity by Application ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 APAC - Market size and forecast 2021-2026
      • Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.5 South America - Market size and forecast 2021-2026
      • Exhibit 50: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.6 Europe - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Brazil - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Brazil - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Brazil - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Brazil - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Brazil - Year-over-year growth 2021-2026 (%)
    • 7.11 Canada - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.12 India - Market size and forecast 2021-2026
      • Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 BASF SE
              • Exhibit 89: BASF SE - Overview
              • Exhibit 90: BASF SE - Business segments
              • Exhibit 91: BASF SE - Key news
              • Exhibit 92: BASF SE - Key offerings
              • Exhibit 93: BASF SE - Segment focus
            • 10.4 Bayer AG
              • Exhibit 94: Bayer AG - Overview
              • Exhibit 95: Bayer AG - Business segments
              • Exhibit 96: Bayer AG - Key offerings
              • Exhibit 97: Bayer AG - Segment focus
            • 10.5 Biobest Group NV
              • Exhibit 98: Biobest Group NV - Overview
              • Exhibit 99: Biobest Group NV - Product / Service
              • Exhibit 100: Biobest Group NV - Key offerings
            • 10.6 BioWorks Inc.
              • Exhibit 101: BioWorks Inc. - Overview
              • Exhibit 102: BioWorks Inc. - Product / Service
              • Exhibit 103: BioWorks Inc. - Key offerings
            • 10.7 Marrone Bio Innovations Inc.
              • Exhibit 104: Marrone Bio Innovations Inc. - Overview
              • Exhibit 105: Marrone Bio Innovations Inc. - Key offerings
            • 10.8 Mitsui and Co. Ltd.
              • Exhibit 106: Mitsui and Co. Ltd. - Overview
              • Exhibit 107: Mitsui and Co. Ltd. - Business segments
              • Exhibit 108: Mitsui and Co. Ltd. - Key offerings
              • Exhibit 109: Mitsui and Co. Ltd. - Segment focus
            • 10.9 Novozymes AS
              • Exhibit 110: Novozymes AS - Overview
              • Exhibit 111: Novozymes AS - Business segments
              • Exhibit 112: Novozymes AS - Key news
              • Exhibit 113: Novozymes AS - Key offerings
              • Exhibit 114: Novozymes AS - Segment focus
            • 10.10 Nufarm Ltd.
              • Exhibit 115: Nufarm Ltd. - Overview
              • Exhibit 116: Nufarm Ltd. - Business segments
              • Exhibit 117: Nufarm Ltd. - Key news
              • Exhibit 118: Nufarm Ltd. - Key offerings
              • Exhibit 119: Nufarm Ltd. - Segment focus
            • 10.11 Syngenta AG
              • Exhibit 120: Syngenta AG - Overview
              • Exhibit 121: Syngenta AG - Business segments
              • Exhibit 122: Syngenta AG - Key offerings
              • Exhibit 123: Syngenta AG - Segment focus
            • 10.12 Valent BioSciences LLC
              • Exhibit 124: Valent BioSciences LLC - Overview
              • Exhibit 125: Valent BioSciences LLC - Product / Service
              • Exhibit 126: Valent BioSciences LLC - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 127: Inclusions checklist
                • Exhibit 128: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 129: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 130: Research methodology
                • Exhibit 131: Validation techniques employed for market sizing
                • Exhibit 132: Information sources
              • 11.5 List of abbreviations
                • Exhibit 133: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Bioinsecticides market growth will increase by $1961.57 million during 2022-2026.
              The bioinsecticides market is expected to grow at a CAGR of 14.18% during 2022-2026.
              Technavio has segmented the bioinsecticides market by application (Crop based and Non crop based) and geographic (North America, APAC, South America, Europe, and Middle East and Africa).
              AgBiTech Pty Ltd., Andermatt Group AG, BASF SE, Bayer AG, Biobest Group NV, BioSafe Systems LLC, BioWorks Inc., DuPont de Nemours Inc., Futureco Bioscience SA, IPL Biologicals Ltd., Kan biosys, Koppert Biological Systems, Marrone Bio Innovations Inc., Mitsui and Co. Ltd., Novozymes AS, Nufarm Ltd., Syngenta AG, Valent BioSciences LLC, Vestaron Corp., Kilpest India Ltd. are a few of the key vendors in the bioinsecticides market.
              North America will register the highest growth rate of 39.4% among the other regions. Therefore, the bioinsecticides market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the bioinsecticides market growth are:
              • Growing demand for organic farming and organic food
              • Increasing governmental support for the use of bio-based products in agriculture
              The bioinsecticides market vendors should focus on grabbing business opportunities from the crop based segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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