Global Beneficial Insects Market is expected to reach $1,521.27 million by 2027 growing at a CAGR 12.4% during 2018 to 2027.

Some of the key players profiled in the Beneficial Insects Market include Tip Top Bio-Control, Natural Insect Control, Fargro Ltd., Dudutech, Biological Services, Bioline Agrosciences Ltd., Biobest NV, Biobee Biological Systems Ltd., Arbico Organics, Applied Bio-Nomics Ltd. and Andermatt Biocontrol AG.

Growing demand for pest-specific bio-control agents and rapid growth in demand for organic products are the major factors propelling the market growth. However, usage of macrobials is labor-intensive and requires professional training and short shelf life of macrobials are hampering the market growth.

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Beneficial insects are insects that make valued services like pollination and pest control. The idea of beneficial is subjective and only rises in light of preferred results from a human perspective. In cultivating and agriculture, where the objective is to raise chosen crops, insects that delay the production procedure are categorized as pests, while insects that help production are considered beneficial.

Based on the application, the crop protection segment is going to have a lucrative growth during the forecast period as these insects are mostly used in crop protection from harmful pests and demand is driven by factor such as eco-friendly nature of microbial pesticides and increasing demand for organic food products.

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By geography, North America is going to have a lucrative growth during the forecast period due to increasing awareness about the benefits of organic products among the consumers, adoption of IPM practices, advancement in farming technology, and increase in environmental concerns.

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Types Covered:
• Predators
• Pollinators
• Pathogens
• Parasitoids

Applications Covered:
• Crop Production
• Crop Protection

Sales Channels Covered:
• Aftermarket
• Manufacturer/Distributor/Service Provider

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Release ID: 88961303