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Beneficial Insects Market Deep Research Report with Forecast to 2031
The global Beneficial Insects market is estimated to reach over USD 2,182.67 million by 2031, exhibiting a CAGR of 12.25% during the forecast period.
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Beneficial insects play a vital role in promoting sustainable agriculture and supporting organic food production through their contributions to pollination and natural pest control. By facilitating plant pollination, reducing harmful pest populations, and improving overall ecosystem health, these insects provide essential services across agricultural, horticultural, and environmental landscapes. Larger species of these insects, sometimes referred to as microbial beneficial insects, further enhance biodiversity and offer protective benefits to crops and plants by suppressing the presence of damaging pests.
The global beneficial insects market encompasses the production, distribution, and application of these organisms for various purposes, including crop pollination, ecological restoration, and biological pest management. These insects are recognized for their ability to control pest populations, support agricultural productivity, and contribute to the production of valuable by-products. In agricultural and horticultural practices, beneficial insects are commonly deployed as a natural alternative to chemical pesticides. These include predatory species such as ladybird beetles and lacewings, as well as parasitic species like certain types of wasps.
List of Prominent Players in the Beneficial Insects Market:
• Applied Bionomics Ltd (Canada)
• Biobest Group NV (Belgium)
• Bioline AgroSciences Ltd (UK)
• Fargro Limited (UK)
• Andermatt Group AG (Switzerland)
• ARBICO Organics (US)
• BioBee Ltd (Israel)
• BIONEMA (UK)
• Koppert (Netherlands)
• Tip Top Bio-Control (US)
• Evergreen Growers Supply, LLC (US)
• Anatis Bioprotection (Canada)
• GrowLiv Biologicals (Canada)
• Planet Natural (US)
• Natural Pest Controls (US)
• KUNAFIN (US)
• IPM Laboratories, Inc. (US)
• Nature's Control (US)
• Associates Insectary (US)
• Bugs For Bugs (Australia)
• Rincon-Vitova Insectaries (US)
• Harmony Farm Supply & Nursery (US)
• FAR INC (US)
• Organic Control, Inc. (US)
• Eco Bugs India Private Limited (India)
Market Dynamics:
Drivers-
The growing global concern for environmental sustainability is a key factor driving the expansion of the beneficial insects market. Rising demand for pest-specific biological control agents, combined with an increased focus on enhancing agricultural productivity and improving the quality of food grains, continues to support market growth. Regulatory pressures and the adverse environmental effects linked to synthetic plant protection products have further accelerated the adoption of natural alternatives, including beneficial insects.
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Challenges:
Despite its potential, the beneficial insect market-particularly in relation to insect-based feed-faces several challenges, such as difficulties in achieving commercial-scale production. However, growing global demand has attracted significant investments, particularly from private venture capital firms. For example, in June 2021, Chile-based KeyyakVenture invested USD 4.5 million in Food for the Future (F4F), a Chilean start-up focused on insect-based feed production.
Regional Trends:
North America is projected to hold a dominant share of the global beneficial insects market and is expected to register a strong compound annual growth rate (CAGR) in the near future. The region leads both in the production and consumption of beneficial insects. Meanwhile, Latin America is anticipated to record the fastest growth during the forecast period. Europe also represents a substantial market, accounting for over one-third of global demand. Moreover, adoption is expanding across the Middle East, Africa, and Asia-Pacific regions, driven by growing awareness and acceptance of sustainable pest control solutions.
Recent Developments:
• In September 2022, Aspire Food Group, a Canadian company famous for its cutting-edge insect agricultural and Food Technology, and Lotte Confectionery, a leading South Korean snack and ice cream manufacturer, signed an MOU to collaborate in the fields of protein alternatives and edible insects.
• In April 2022, 18 edible insect businesses received services worth EUR 460,000 (USD 496,600) from the ValuSect consortium of European insect manufacturers. The chosen companies will receive assistance from knowledgeable partners as they develop their cutting-edge concepts, which will increase insect production and consumer acceptance in North-West Europe.
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Segmentation of Beneficial Insects Market-
By Type-
• Parasitoids
• Pollinators
• Pathogens
• Predators
By Crop Type
• Flowers & Ornamentals
• Fruits & Vegetables
• Grains And Pulses
By Application-
• Crop Production
• Crop Protection
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
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