Beneficial Insects Market Surges as Sustainable Agriculture and Organic Farming Practices Gain Global Traction

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Beneficial Insects Market Size, Share & Trends Analysis Report By Application (Crop protection, Crop production), Type (Predators, Parasitoids, Pathogens, and Pollinators), Crop Type (Fruits & Vegetables, Flowers & Ornamentals, and Grains & Pulses), Region, Market Outlook And Industry Analysis 2034"

The global Beneficial Insects market is estimated to reach over 3090.83 million by the year 2034, exhibiting a CAGR of 12.4% during the forecast period.

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Beneficial insects are integral to advancing sustainable agriculture and organic food production by facilitating pollination and serving as natural agents for pest management. These insects significantly contribute to ecosystem stability by promoting plant pollination, suppressing pest populations, and enhancing biodiversity across agricultural, horticultural, and natural landscapes. Larger categories of beneficial organisms, often microbiological in nature, further reinforce ecological diversity and safeguard crops from harmful pests.

The global beneficial insects market encompasses the cultivation, commercialization, and utilization of these organisms across a range of applications, including pollination services, ecological restoration, and biological pest control. Their role in pest suppression and pollination contributes directly to the production of high-value agricultural commodities. In both commercial farming and home gardening, beneficial insects are increasingly adopted as environmentally responsible alternatives to synthetic chemical pesticides. This category includes predatory insects such as ladybird beetles and lacewings, as well as parasitic species like certain wasps.

The incorporation of beneficial insects into integrated pest management strategies enables farmers to improve crop yields and enhance the overall quality of harvested produce. Notable species, including ladybird beetles, bees, spiders, dragonflies, and praying mantises, are widely recognized for their role in promoting ecological balance and supporting agricultural productivity.

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)

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Market Dynamics
Drivers:
The global beneficial insects market is witnessing robust growth, primarily fueled by heightened environmental awareness and the increasing demand for sustainable and eco-friendly pest control alternatives. A growing focus on enhancing agricultural productivity and improving food quality is further accelerating market momentum. Moreover, stringent regulatory limitations on the use of synthetic pesticides, due to their environmental and health-related risks, are encouraging the adoption of biological pest control methods. The expanding application of beneficial insects in organic and precision farming practices is also contributing to market expansion. In addition, ongoing investments in sustainable agriculture and innovations in biocontrol technologies are playing a crucial role in supporting long-term market growth.

Challenges:
Despite positive market trends, the commercial-scale production of beneficial insects presents operational challenges, mirroring issues seen in the insect-based feed industry. Nonetheless, the sector is attracting increasing attention from venture capital investors. For example, in June 2021, Chile-based KeyyakVenture invested USD 4.5 million in Food for the Future (F4F), a Chilean firm focused on insect feed production. Such strategic investments reflect growing confidence in the potential of this emerging sector. The market is further supported by favorable regulatory policies and the high feed conversion efficiency of insects, which enables efficient production within limited spatial requirements.

Regional Trends:
North America is poised to dominate the beneficial insects market, both in terms of production and consumption, and is expected to exhibit a strong compound annual growth rate (CAGR) in the forecast period. Latin America is anticipated to be the fastest-growing regional market, driven by increasing adoption of biological pest control practices. Europe also holds a significant share, accounting for more than one-third of global demand. Additionally, the adoption of beneficial insects for pest management is expanding steadily across the Middle East, Africa, and the Asia-Pacific regions, thereby further contributing to global market growth.

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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.

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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This release was published on openPR.