Press release
Insect Fertilizers Market Expected to Surge with Sustainable Agriculture Trends by 2025-2032
Insect Fertilizers Market
Insect Fertilizers Market size was valued at USD 81.36 million in 2023 and is poised to grow from USD 101.13 million in 2024 to USD 576.3 million by 2032, growing at a CAGR of 24.3% during the forecast period (2025-2032).
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This process is required to make sure that the fertilizer is free of weeds and pathogens. Insect fertilisers aid in soil improvement, plant growth, and plant protection by serving as a biopesticide and providing frost-protective seed coats. Insect fertilisers are thus more in demand in the agriculture sector due to their many advantages. In addition, the transformation and buildup of heavy metals in food crops are restricted by the use of insect fertilisers in farming. Additionally, it improves crop productivity, nutrient availability in the soil, and the storage and quality of organic carbon in the soil. Because of these benefits, insect frass is anticipated to become more popular for use as organic compost in the future.
Insect Fertilizers Market Segments Analysis:
Insect Fertilizers Market is segmented by Insect Type, Product Type, Application, Distribution Channel and region.
Based on Insect Type, the market is segmented into Black Soldier Flies, Mealworms, Crickets, Buffalo Worms, Grasshoppers, Ants, Silkworms, Cicadas and Other Insects.
Based on Product Type, the market is segmented into Liquid, Granules and Powder.
Based on Application, the market is segmented into Agriculture, Horticulture, Home Gardening, Commercial Landscaping and Others.
Based on Distribution Channel, the market is segmented into Online Stores, Supermarkets/Hypermarkets, Specialty Stores and Others.
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Insect Fertilizers Market Key Players:
Bayer AG (Germany)
BASF SE (Germany)
Syngenta Crop Protection AG (Switzerland)
Marrone Bio Innovations Inc. (United States)
Andermatt Biocontrol AG (Switzerland)
Certis USA L.L.C. (United States)
Bharat Certis AgriScience Ltd. (India)
Keetup (India)
Koppert Biological Systems (Netherlands)
Novozymes A/S (Denmark)
Valent BioSciences Corporation (United States)
Isagro S.p.A. (Italy)
Biobest Group NV (Belgium)
BioWorks Inc. (United States)
Lallemand Inc. (Canada)
UPL Limited (India)
Sumitomo Chemical Company, Limited (Japan)
Nufarm Limited (Australia)
FMC Corporation (United States)
Seipasa S.A. (Spain)
Insect Fertilizers Market Regional Insights:
Europe is anticipated to hold the greatest market share for insect fertilisers in 2022. The market expansion in Europe is primarily attributed to the high demand for organic fertiliser, the abundant supply of waste, including pre-consumer food waste from the food and beverage sector, the presence of important insect fertiliser producers, and the rising demand for alternatives to chemical fertilisers.
However, throughout the anticipated growth period, Asia-Pacific is anticipated to develop at the highest CAGR. Increased consumer awareness of insect fertilisers as an alternative to chemical fertilisers, the rise of healthy lifestyle trends as a result of increasing consumer concern for their health and safety, and the promotion of sustainable farming practises to reduce the presence of dangerous chemical traces in soil and water are all factors that have contributed to the high growth of this regional market.
Insect Fertilizers Key Market Trends:
Food waste could be turned into superior fertilisers by BSFL. The market for BSF grass fertilisers is anticipated to rise as a result of the advantages offered by these products in agriculture and the rising amount of waste.
In addition to promoting plant development and soil improvement, insect fertilisers also aid in plant protection by serving as a biopesticide and providing frost-resistant seed coats. Insect fertilisers are thus more in demand in the agriculture sector due to their many advantages.
What's more, it likewise covers the request and give of the promoting research concentrate in the assessed figure time frame. Explained investigation of the market players with their profile, deals examination and serious scene is given in the report. Besides, organization, joint effort and consolidations in the business are referenced for the accommodation of the investigation of the Insect Fertilizers industry.
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https://www.globenewswire.com/news-release/2024/09/13/2945922/0/en/Dietary-Supplements-Market-to-Reach-USD-63-93-Billion-by-2031-Growing-at-7-4-CAGR-SkyQuest-Technology.html
Objectives of the Study:
• To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
• To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
• To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
• To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
• To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
• To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
• To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market
Looking ahead, the Insect Fertilizers Market is poised for continued growth, driven by evolving consumer preferences and ongoing innovations. The trend towards sustainability is expected to strengthen, with more consumers seeking products that align with their values. Additionally, the integration of advanced technologies and digital platforms will likely further enhance market accessibility and consumer engagement. The Insect Fertilizers Market is a dynamic and evolving landscape, shaped by a confluence of trends and factors.
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