Product Code: AGI 4401
"The bioinsecticides market is projected to grow at a CAGR of 15.8% during the forecast period."
The global bioinsecticides market size is projected to grow at a CAGR of 15.8% from an estimated value of USD 2.2billion in 2020 to reach USD 4.6billion by 2025.The bioinsecticides industry has been gaining wide importance among farmers to produce residue-free food products with the adoption of microorganisms based bioinsecticides. Biological solutions have proved to be an effective alternative to conventional chemicals and even work best when applied as a combination.
The increasing infestation of crops produced on a large-scale has compelled the usage of sustainable solutions such as bioinsecticides as they help in controlling pesticide-resistant insects. The growth inorganic farming and an increase in the acceptance of organic crops have led to the implementation of Integrated Pest Management (IPM) solutions. Poor knowledge of the application of biologicals, storage issues, and other technological constraints are expected to restrain the growth of the market.
"The baculovirus market to grow at the highest rate during the forecast period."
Baculovirus is projected to be the fastest-growing market among other organisms. Increased insect pest attack has been affecting the of the greenhouse cash crops, which accounts for a huge loss for farmers. Invasive pests such as Tuta absoluta have resulted in great loss in many European regions, which has been efficiently controlled using baculovirus.
Even the US is a huge market for virus-based bioinsecticides. Its gaining wider popularity in comparison with Bacillus species and product availability are also driving the growth of the market. Insect pest attack is a severe problem observed in many regions of the world affecting crop production, and hence, it will gain a significant share of demand among the companies to produce various strains of baculovirus.
"The liquid formulation bioinsecticides market to be the largest and faster-growing among formulations segment for the forecast period."
Liquid formulations are estimated to account for the larger market share in the forecast period. The ease of application and transportation are the key drivers for the growth of the liquid formulations segment. Farmers have been using it from many years, as it is easy and safe to handle in comparison with dry formulation. With the increase in organic farming and increased acreages under precision irrigation technologies, the liquid formulations market is estimated to continue growing in the future as well.
"South America is estimated to be the fastest-growing bioinsecticides market during the forecast period."
South America includes various countries whose economy relies mainly on agriculture. The countries are adopting sustainable solutions to cultivate residue-free crops to be able to export crops such as soybean and corn to Europe. It cultivates various high-value crops, both for domestic and export purposes, which drives the demand for bioinsecticides. The increase in the infestation of pests due to pest resistance in high-value crops is also driving the growth of the market. With the awareness of organic farming and harmful effects of chemical-based farming, consumers have tend to accept the organic crops. The government also has introduced strict regulations on the use of chemical pesticides that not only kill the beneficial insects but increase intoxicity across the food chain. Therefore, the ban on pesticides has been proposed by the government to reduce the impact of chemical pesticides on bees. The demand to increase the export quality of crops has led to an increase in the market for bioinsecticides.
The bioinsecticides market is segmented market-wise, with a detailed analysis of each market by studying the individual competitive landscapes.
Breakdown of the profile of primary participants is as follows:
- By Company Type: Tier 1 -10%, Tier 11-30%, and Tier 31-60%
- By Designation: C-level -40%, D-level -30%, and Others*-30%
- By Region: Asia Pacific -35%, Europe -30%, North America -20%, and RoW-15%
Others include sales managers, marketing managers, and product managers.
Leading players profiled in this report
- BASF SE (Germany)
- Syngenta AG (Switzerland)
- BayerAG (Germany)
- Marrone Bio Innovation (US)
- Novozymes A/S (Denmark)
- Nufarm (Australia)
- Som Phytopharma India Ltd (India)
- Camson Biotechnologies Ltd (India)
- BioWorks Inc. (US)
- Valent Biosciences (US)
- Andermatt Biocontrol AG (Switzerland)
- Valent Biosciences LLC (US)
- International Panaacea Ltd (India)
- Futureco Bioscience S.A.
- BioSafe Systems, LLC. (US)
- Vestaron Corporation (US)
- Kan Biosys (India)
- SDS Biotech K.K(Japan)
- KilPest India Ltd (India
- Certis US LLC (US)
- Biobest Group NV (Belgium)
Research Coverage
This report segments the bioinsecticides market based on key trends. In terms of insights, this research report focuses on various levels of analyses-competitive landscape, end-use analysis, and company profiles-which together comprise and discuss the basic views on the emerging & high-growth segments of the bioinsecticides industry, the high-growth regions, countries, government initiatives, market disruption, drivers, restraints, opportunities, and challenges.
Reasons to buy this report
- To get a comprehensive overview of the bioinsecticides market
- To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
- To gain insights about the major countries/regions, in which the bioinsecticides market is flourishing
TABLE OF CONTENTS
1 INTRODUCTION 21
- 1.1 OBJECTIVES OF THE STUDY 21
- 1.2 MARKET DEFINITION 21
- 1.3 STUDY SCOPE 22
- 1.4 INCLUSIONS & EXCLUSIONS 23
- 1.5 PERIODIZATION CONSIDERED 24
- 1.6 CURRENCY CONSIDERED 25
- 1.7 STAKEHOLDERS 25
2 RESEARCH METHODOLOGY 26
- 2.1 RESEARCH DATA 26
- 2.1.1 SECONDARY DATA 27
- 2.1.1.1 Key Data from Secondary Sources 27
- 2.1.2 PRIMARY DATA 27
- 2.1.2.1 Key Data from Primary Sources 28
- 2.1.2.2 Breakdown of Primaries 28
- 2.2 MARKET SIZE ESTIMATION 29
- 2.2.1 BOTTOM-UP APPROACH 29
- 2.2.2 TOP-DOWN APPROACH 30
- 2.3 MARKET BREAKDOWN & DATA TRIANGULATION 31
- 2.4 RESEARCH ASSUMPTIONS & LIMITATIONS 32
- 2.4.1 ASSUMPTIONS 32
- 2.4.2 LIMITATIONS OF THE STUDY 33
3 EXECUTIVE SUMMARY 34
4 PREMIUM INSIGHTS 38
- 4.1 OPPORTUNITIES IN THE BIOINSECTICIDES MARKET 38
- 4.2 BIOINSECTICIDES MARKET, BY TYPE 38
- 4.3 SOUTH AMERICA: BIOINSECTICIDES MARKET, BY KEY COUNTRY & CROP TYPE 39
- 4.4 BIOINSECTICIDES MARKET, BY ORGANISM TYPE & REGION 40
- 4.5 BIOINSECTICIDES MARKET: MAJOR REGIONAL SUBMARKETS 40
5 MARKET OVERVIEW 41
- 5.1 INTRODUCTION 41
- 5.2 MACROECONOMIC INDICATORS 41
- 5.2.1 GROWTH IN ORGANIC AGRICULTURAL PRACTICES 41
- 5.2.2 INCREASE IN ORGANIC FARM AREA 42
- 5.3 MARKET DYNAMICS 43
- 5.3.1 DRIVERS 44
- 5.3.1.1 Increase in pest resurgence and Integrated Pest Management (IPM) measures 44
- 5.3.1.2 Growth in acceptance for organic food 44
- 5.3.1.3 Awareness programs by government agencies 45
- 5.3.1.4 Huge crop loss due to invasive pest attacks 46
- 5.3.1.5 High costs associated with the development of synthetic crop protection products 46
- 5.3.2 RESTRAINTS 47
- 5.3.2.1 Short shelf life of bioinsecticides 47
- 5.3.2.2 Poor infrastructure & high initial investment required for storage and transport of bioinsecticides 47
- 5.3.3 OPPORTUNITIES 48
- 5.3.3.1 High growth in bio-control seed treatment solutions 48
- 5.3.3.2 Providing customized solutions targeted toward specific pests 48
- 5.3.3.3 Growth opportunities in developing regions such as Asia Pacific and South America 49
- 5.3.4 CHALLENGES 50
- 5.3.4.1 Counterfeit products in developing countries 50
- 5.3.4.2 Lack of awareness and low utilization of bioinsecticides 50
- 5.4 REGULATORY FRAMEWORK 51
- 5.4.1 NORTH AMERICA 51
- 5.4.1.1 US 51
- 5.4.1.1.1 The Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) 52
- 5.4.1.1.2 The Federal Food, Drug, and Cosmetic Act (FFDCA)and the Food Quality Protection Act (FQPA) 52
- 5.4.1.1.3 Pesticide Registration Improvement Extension Act (PRIA 3), 2012 52
- 5.4.1.1.4 Biopesticide Registration 53
- 5.4.2 EUROPE 53
- 5.4.2.1 European Union 53
- 5.4.2.1.1 Regulation (EC) No 1107/2009 of the European Parliament and of the council of 21 October 2009 54
- 5.4.2.1.2 Scope 54
- 5.4.2.1.3 Active Substances: Requirements and Conditions for Approval 55
- 5.4.3 ASIA PACIFIC 56
- 5.4.3.1 India 56
- 5.4.3.2 China 56
- 5.4.4 SOUTH AMERICA 57
- 5.5 SUPPLY CHAIN ANALYSIS 57
- 5.5.1 COVID-19 IMPACT ON THE BIOINSECTICIDES MARKET 58
- 5.6 VALUE CHAIN ANALYSIS 59
- 5.7 PATENT ANALYSIS 60
6 BIOINSECTICIDES MARKET, BY MODE OF APPLICATION 63
- 6.1 INTRODUCTION 64
- 6.2 SEED TREATMENT 65
- 6.2.1 SEED TREATMENT IS GAINING POPULARITY TO CONTROL SOILBORNE PESTS 65
- 6.3 SOIL TREATMENT 66
- 6.3.1 SOIL TREATMENT USED DURING EARLY STAGES OF PLANT GROWTH, TO PREVENT SOIL BORNE INSECT LARVAE ATTACK 66
- 6.4 FOLIAR SPRAY 67
- 6.4.1 FOLIAR SPRAY HAS BEEN THE PREFERRED APPLICATION IN ALL KEY CROPS 67
- 6.5 OTHER MODES OF APPLICATION 68
- 6.5.1 BIOINSECTICIDES ARE GAINING INTEREST FOR POST-HARVEST PROTECTION OF FRUITS & VEGETABLES 68
7 BIOINSECTICIDES MARKET, BY ORGANISM TYPE 69
- 7.1 INTRODUCTION 70
- 7.2 BACILLUS THURINGIENSIS 71
- 7.2.1 BT BIOINSECTICIDES ARE GAINING INTEREST AS POST-HARVEST PROTECTION FOR FRUITS & VEGETABLES 71
- 7.3 BEAUVERIA BASSIANA 72
- 7.3.1 B.BASSIANA IS USED TO CONTROL WHITEFLY, YELLOW STEM BORER, AND BROWN PLANT HOPPER 72
- 7.4 METARHIZIUM ANISOPLIAE 73
- 7.4.1 M.ANISOPLIAE MAKE AN EFFECTIVE TOOL TO CONTROL SPITTLE BUG IN SUGARCANE 73
- 7.5 VERTICILLIUM LECANII 74
- 7.5.1 THE FUNGUS HAS A WIDE RANGE OF APPLICATIONS ON VARIOUS CROPS 74
- 7.6 BACULOVIRUS 75
- 7.6.1 BACULOVIRUSES ARE EFFECTIVE IN IPM PROGRAMS 75
- 7.7 OTHER ORGANISM TYPE 76
- 7.7.1 NEMATODES ARE BEING RESEARCHED ON TO DEVELOP BIOINSECTICIDES 76
8 BIOINSECTICIDES MARKET, BY CROP TYPE 78
- 8.1 INTRODUCTION 79
- 8.2 CEREALS & GRAINS 80
- 8.2.1 BIOINSECTICIDES REDUCE CHEMICAL APPLICATION ON CEREAL CROPS BOTH DURING CULTIVATION AND STORAGE 80
- 8.3 OILSEEDS & PULSES 81
- 8.3.1 ADOPTION OF BEAUVERIA BASSIANA AND METARHIZIUM ANISOPLIAE HAS BEEN INCREASING FOR OILSEED CROPS IN CERTAIN REGIONS 81
- 8.4 FRUITS & VEGETABLES 82
- 8.4.1 ORGANIC FARMING OF HIGH-VALUE CROPS IS GAINING HIGH DEMAND 82
- 8.5 OTHER CROP TYPES 83
- 8.5.1 INCREASE IN THE TURF GROUNDS HAVE LATELY CREATED A MARKET FOR BIOLOGICAL INPUTS 83
9 BIOINSECTICIDES MARKET, BY TYPE 85
- 9.1 INTRODUCTION 86
- 9.2 MACROBIALS 87
- 9.2.1 LIMITED SHELF LIFE HINDERS THE GROWTH OF MACROBIALS 87
- 9.3 MICROBIALS 88
- 9.3.1 TARGET-SPECIFIC ACTION ON CROP-DAMAGING PESTS HAS BEEN A MAJOR ATTRIBUTE FOR MICROBIAL APPLICATION 88
- 9.4 OTHER TYPES 89
- 9.4.1 COLLECTIVE BENEFITS OF PROTECTION THROUGH PLANT EXTRACTS IS A SIGNIFICANT FACTOR FOR PRODUCT RESEARCH AMONG MANUFACTURERS 89
10 BIOINSECTICIDES MARKET, BY FORMULATION 90
- 10.1 INTRODUCTION 91
- 10.2 DRY 92
- 10.2.1 DRY FORMULATIONS ARE SUITABLE FOR SOIL OR SEED TREATMENT 92
- 10.3 LIQUID 93
- 10.3.1 LIQUID FORMULATIONS REDUCE OCCUPATIONAL RISK AND ARE PREFERRED FOR BIOINSECTICIDES THAT ARE HOST-SPECIFIC 93
11 BIOINSECTICIDES MARKET, BY REGION 94
- 11.1 INTRODUCTION 95
- 11.2 NORTH AMERICA 96
- 11.2.1 US 101
- 11.2.1.1 Change in food habits is paving the way for organic products in the US 101
- 11.2.2 CANADA 102
- 11.2.2.1 Production of greenhouse ornamentals to drive the market in Canada 102
- 11.2.3 MEXICO 104
- 11.2.3.1 Bacillus and Beauveria species gaining demand among corn and vegetable growers in Mexico 104
- 11.3 EUROPE 105
- 11.3.1 FRANCE 108
- 11.3.1.1 Investment in biological control is driving the market in France 108
- 11.3.2 GERMANY 109
- 11.3.2.1 Public and private funds aid the growth of the biological segment in Germany 109
- 11.3.3 SPAIN 111
- 11.3.3.1 A positive trend of bioinsecticide application in controlling pest attacks on crops in Spain 111
- 11.3.4 ITALY 112
- 11.3.4.1 Ban of toxic pesticides in Italy has paved the way for bioinsecticides 112
- 11.3.5 UK 114
- 11.3.5.1 Changing consumer preferences is driving the bioinsecticides market 114
- 11.3.6 REST OF EUROPE 115
- 11.3.6.1 Favorable regulations drive the use of bioinsecticides in Rest of Europe 115
- 11.4 ASIA PACIFIC 116
- 11.4.1 CHINA 119
- 11.4.1.1 Food safety concerns have paved the way for subsidized biological products in China 119
- 11.4.2 INDIA 120
- 11.4.2.1 To minimize the toxic levels in the food chain, eco-friendly products are on the rise in India 120
- 11.4.3 JAPAN 122
- 11.4.3.1 Strong IPM involving biologicals has played an important role in the significant production of residue-free food in Japan 122
- 11.4.4 AUSTRALIA 123
- 11.4.4.1 Investment programs have boosted the introduction of advanced agricultural inputs in Australia 123
- 11.4.5 THAILAND 124
- 11.4.5.1 Global demand for crops such as rice has driven changes in agricultural policies in Thailand 124
- 11.4.6 INDONESIA 125
- 11.4.6.1 Adoption of IPM solutions created a strong demand base for pest control in Indonesia 125
- 11.4.7 REST OF ASIA PACIFIC 127
- 11.4.7.1 Agriculture, being the main source of income, has boosted the demand for innovative agricultural products in Rest of Asia Pacific 127
- 11.5 SOUTH AMERICA 128
- 11.5.1 BRAZIL 132
- 11.5.1.1 The favorable regulatory mechanism is pushing the adoption of biocontrol products in Brazil 132
- 11.5.2 ARGENTINA 134
- 11.5.2.1 To maintain international export quality of produce in Argentina, the bioinsecticides market is booming 134
- 11.5.3 CHILE 135
- 11.5.3.1 Technological innovations to aid the control of crop pests in Chile 135
- 11.5.4 REST OF SOUTH AMERICA 136
- 11.5.4.1 Favorable market opportunities accelerate the growth in Rest of South America 136
- 11.6 REST OF THE WORLD 137
- 11.6.1 SOUTH AFRICA 140
- 11.6.1.1 Economic losses due to pest attack on crops are driving the South African bioinsecticides market 140
- 11.6.2 OTHERS IN ROW 141
- 11.6.2.1 Export of residue-free agricultural produce is gaining demand 141
12 COMPETITIVE LANDSCAPE 143
- 12.1 OVERVIEW 143
- 12.2 COMPANY RANKING 145
- 12.3 COMPETITIVE LEADERSHIP MAPPING 145
- 12.3.1 VISIONARY LEADERS 145
- 12.3.2 INNOVATORS 145
- 12.3.3 DYNAMIC DIFFERENTIATORS 146
- 12.3.4 EMERGING COMPANIES 146
- 12.4 COMPETITIVE SCENARIO 147
- 12.4.1 NEW PRODUCT LAUNCHES 147
- 12.4.2 EXPANSIONS & INVESTMENTS 148
- 12.4.3 ACQUISITIONS 149
- 12.4.4 AGREEMENTS & COLLABORATIONS 150
13 COMPANY PROFILES 151
(Business overview, Products offered, Recent Developments, SWOT analysis, Right to win)*
- 13.1 BASF SE 151
- 13.2 BAYER AG 154
- 13.3 SYNGENTA AG 157
- 13.4 MARRONE BIO INNOVATIONS 159
- 13.5 NOVOZYMES A/S 162
- 13.6 NUFARM 165
- 13.7 BIOBEST GROUP NV 167
- 13.8 SOM PHYTOPHARMA INDIA LTD 169
- 13.9 VALENT BIOSCIENCES LLC 170
- 13.10 KILPEST INDIA LTD 172
- 13.11 ANDERMATT BIOCONTROL AG 173
- 13.12 INTERNATIONAL PANAACEA LTD 175
- 13.13 BIOWORKS INC. 176
- 13.14 KAN BIOSYS 178
- 13.15 FUTURECO BIOSCIENCE S.A. 179
- 13.16 BIOSAFE SYSTEMS 180
- 13.17 CERTIS USA LLC 181
- 13.18 VESTARON CORPORATION 183
- 13.19 SDS BIOTECH K.K 184
- 13.20 CAMSON BIOTECHNOLOGIES LTD 185
Details on Business overview, Products offered, Recent Developments, SWOT analysis, Right to win might not be captured in case of unlisted companies.
14 APPENDIX 186
- 14.1 DISCUSSION GUIDE 186
- 14.2 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 190
- 14.3 RELATED REPORTS 192
- 14.4 AUTHOR DETAILS 193
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