Market Size of Global Bioinsecticide Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 12.30 % |
| Fastest Growing Market | South America |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Bioinsecticides Market Analysis
The global market for bioinsecticides was valued at USD 1,457.8 million in 2018, and it is expected to reach USD 2,820.1 million by 2024, witnessing a CAGR of 12.3% during the forecast period 2019-2024.
Bioinsecticides hold around half of the global pesticide market. Over 6,000 plant species have been identified, which possess insecticidal properties. In insect pest management, a number of plant products derived from neem, custard apple, tobacco, pyrethrum, etc., have been used as safe insecticides.
