Market Size of bioinsecticides Industry
![Bioinsecticides Market Summary](https://s3.mordorintelligence.com/global-bioinsecticides-market/1683891182389_global-bioinsecticides-market_Market_Summary.png)
Icons | Lable | Value |
---|---|---|
|
Study Period | 2017 - 2029 |
|
Base Year For Estimation | 2022 |
|
CAGR | 12.23 % |
|
Largest Share by Crop Type | Row Crops |
|
Largest Share by Region | North America |
|
Market Concentration | High |
Major Players |
||
![]() |
||
*Disclaimer: Major Players sorted in no particular order |
Bioinsecticides Market Analysis
The Bioinsecticides Market is projected to register a CAGR of 12.23%
- Row Crops is the Largest Crop Type : The main row crops farmed globally are barley, corn, wheat, rapeseed, rye, sunflower, soybean, and rice. Row crops dominance is due to largest cultivation area globally.
- Row Crops is the Fastest-growing Crop Type : Increased pest pressure is thought to be caused by increasing crop field sizes and decreasing seminatural area; bioinsecticides are a sustainable method of controlling it.
- North America is the Largest Region : United states and Canada are dominating the bioinsecticides market in the region, increased organic cultivation and reducing use of chemical pesticides are driving factors.
- United States is the Largest Country : Row crops are dominating the market with 92.6% in 2021, organic transition initiative and demand for organic and pesticide-free food products driving the market.