The Latin America, Middle East and Africa Beauveria Bassiana Market would witness market growth of 10.7% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Beauveria Bassiana Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,724 Thousands by 2031. The Argentina market is showcasing a CAGR of 11.6% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 9.8% during (2024 - 2031).
Many governments offer incentives, subsidies, or grants to support adopting sustainable agricultural practices, including biopesticides like this fungus. Financial support and favorable policies encourage farmers to integrate this fungus into pest management programs. Collaborations between research institutions, biopesticide manufacturers, and agricultural organizations have facilitated the development and adoption of this fungus. Partnerships help conduct research, develop new formulations, and promote best practices for their use.
The market is influenced by several emerging trends that reflect broader shifts in agricultural practices and environmental concerns. There is a notable increase in investment in research and development (R&D) for biopesticides, including this fungus. This trend is driven by the need to discover new strains, improve formulations, and develop novel application methods to address emerging pest challenges.
As South African agriculture grows, there is a heightened need for effective pest management solutions. This fungus, a fungal biopesticide, is increasingly utilized for its ability to control a wide range of agricultural pests, leading to greater demand. The agricultural sector contributed around 10 percent to South Africa’s total export earnings in FY2021 at a value of $12.0 billion. Additionally, The Brazilian government’s increasing promotion of sustainable agricultural practices plays a significant role in driving the growth of the market. This support is manifested through various policies, programs, and subsidies designed to encourage the adoption of biological control agents over traditional chemical pesticides. Therefore, rising agriculture sector and increasing support from government in the is driving the growth of the market.
Free Valuable Insights: The Worldwide Beauveria Bassiana Market is Projected to reach USD 152.7 Million by 2031, at a CAGR of 8.1%
Based on Distribution Channel, the market is segmented into Indirect Sales, and Direct Sales. Based on Application, the market is segmented into Agriculture, Forestry, and Others. Based on Type, the market is segmented into Liquid, Powder, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Filnova S.r.l.
- Tari- Biotech
- ARBICO Organics
- BASF SE
- Agrigem Ltd.
- Novozymes A/S (Novo Holdings A/S)
- Certis USA LLC (Mitsui & Co., Ltd.)
- Andermatt Group AG
- Fargro Limited
- T.Stanes and Company Limited
LAMEA Beauveria Bassiana Market Report Segmentation
By Distribution Channel
- Indirect Sales
- Direct Sales
By Application
- Agriculture
- Forestry
- Others
By Type
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Beauveria Bassiana Market, 2020 - 2023, USD Thousands
TABLE 2 LAMEA Beauveria Bassiana Market, 2024 - 2031, USD Thousands
TABLE 3 LAMEA Beauveria Bassiana Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 4 LAMEA Beauveria Bassiana Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 5 LAMEA Indirect Sales Market by Country, 2020 - 2023, USD Thousands
TABLE 6 LAMEA Indirect Sales Market by Country, 2024 - 2031, USD Thousands
TABLE 7 LAMEA Direct Sales Market by Country, 2020 - 2023, USD Thousands
TABLE 8 LAMEA Direct Sales Market by Country, 2024 - 2031, USD Thousands
TABLE 9 LAMEA Beauveria Bassiana Market by Application, 2020 - 2023, USD Thousands
TABLE 10 LAMEA Beauveria Bassiana Market by Application, 2024 - 2031, USD Thousands
TABLE 11 LAMEA Agriculture Market by Country, 2020 - 2023, USD Thousands
TABLE 12 LAMEA Agriculture Market by Country, 2024 - 2031, USD Thousands
TABLE 13 LAMEA Forestry Market by Country, 2020 - 2023, USD Thousands
TABLE 14 LAMEA Forestry Market by Country, 2024 - 2031, USD Thousands
TABLE 15 LAMEA Others Market by Country, 2020 - 2023, USD Thousands
TABLE 16 LAMEA Others Market by Country, 2024 - 2031, USD Thousands
TABLE 17 LAMEA Beauveria Bassiana Market by Type, 2020 - 2023, USD Thousands
TABLE 18 LAMEA Beauveria Bassiana Market by Type, 2024 - 2031, USD Thousands
TABLE 19 LAMEA Liquid Market by Country, 2020 - 2023, USD Thousands
TABLE 20 LAMEA Liquid Market by Country, 2024 - 2031, USD Thousands
TABLE 21 LAMEA Powder Market by Country, 2020 - 2023, USD Thousands
TABLE 22 LAMEA Powder Market by Country, 2024 - 2031, USD Thousands
TABLE 23 LAMEA Others Market by Country, 2020 - 2023, USD Thousands
TABLE 24 LAMEA Others Market by Country, 2024 - 2031, USD Thousands
TABLE 25 LAMEA Beauveria Bassiana Market by Country, 2020 - 2023, USD Thousands
TABLE 26 LAMEA Beauveria Bassiana Market by Country, 2024 - 2031, USD Thousands
TABLE 27 Brazil Beauveria Bassiana Market, 2020 - 2023, USD Thousands
TABLE 28 Brazil Beauveria Bassiana Market, 2024 - 2031, USD Thousands
TABLE 29 Brazil Beauveria Bassiana Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 30 Brazil Beauveria Bassiana Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 31 Brazil Beauveria Bassiana Market by Application, 2020 - 2023, USD Thousands
TABLE 32 Brazil Beauveria Bassiana Market by Application, 2024 - 2031, USD Thousands
TABLE 33 Brazil Beauveria Bassiana Market by Type, 2020 - 2023, USD Thousands
TABLE 34 Brazil Beauveria Bassiana Market by Type, 2024 - 2031, USD Thousands
TABLE 35 Argentina Beauveria Bassiana Market, 2020 - 2023, USD Thousands
TABLE 36 Argentina Beauveria Bassiana Market, 2024 - 2031, USD Thousands
TABLE 37 Argentina Beauveria Bassiana Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 38 Argentina Beauveria Bassiana Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 39 Argentina Beauveria Bassiana Market by Application, 2020 - 2023, USD Thousands
TABLE 40 Argentina Beauveria Bassiana Market by Application, 2024 - 2031, USD Thousands
TABLE 41 Argentina Beauveria Bassiana Market by Type, 2020 - 2023, USD Thousands
TABLE 42 Argentina Beauveria Bassiana Market by Type, 2024 - 2031, USD Thousands
TABLE 43 UAE Beauveria Bassiana Market, 2020 - 2023, USD Thousands
TABLE 44 UAE Beauveria Bassiana Market, 2024 - 2031, USD Thousands
TABLE 45 UAE Beauveria Bassiana Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 46 UAE Beauveria Bassiana Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 47 UAE Beauveria Bassiana Market by Application, 2020 - 2023, USD Thousands
TABLE 48 UAE Beauveria Bassiana Market by Application, 2024 - 2031, USD Thousands
TABLE 49 UAE Beauveria Bassiana Market by Type, 2020 - 2023, USD Thousands
TABLE 50 UAE Beauveria Bassiana Market by Type, 2024 - 2031, USD Thousands
TABLE 51 Saudi Arabia Beauveria Bassiana Market, 2020 - 2023, USD Thousands
TABLE 52 Saudi Arabia Beauveria Bassiana Market, 2024 - 2031, USD Thousands
TABLE 53 Saudi Arabia Beauveria Bassiana Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 54 Saudi Arabia Beauveria Bassiana Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 55 Saudi Arabia Beauveria Bassiana Market by Application, 2020 - 2023, USD Thousands
TABLE 56 Saudi Arabia Beauveria Bassiana Market by Application, 2024 - 2031, USD Thousands
TABLE 57 Saudi Arabia Beauveria Bassiana Market by Type, 2020 - 2023, USD Thousands
TABLE 58 Saudi Arabia Beauveria Bassiana Market by Type, 2024 - 2031, USD Thousands
TABLE 59 South Africa Beauveria Bassiana Market, 2020 - 2023, USD Thousands
TABLE 60 South Africa Beauveria Bassiana Market, 2024 - 2031, USD Thousands
TABLE 61 South Africa Beauveria Bassiana Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 62 South Africa Beauveria Bassiana Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 63 South Africa Beauveria Bassiana Market by Application, 2020 - 2023, USD Thousands
TABLE 64 South Africa Beauveria Bassiana Market by Application, 2024 - 2031, USD Thousands
TABLE 65 South Africa Beauveria Bassiana Market by Type, 2020 - 2023, USD Thousands
TABLE 66 South Africa Beauveria Bassiana Market by Type, 2024 - 2031, USD Thousands
TABLE 67 Nigeria Beauveria Bassiana Market, 2020 - 2023, USD Thousands
TABLE 68 Nigeria Beauveria Bassiana Market, 2024 - 2031, USD Thousands
TABLE 69 Nigeria Beauveria Bassiana Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 70 Nigeria Beauveria Bassiana Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 71 Nigeria Beauveria Bassiana Market by Application, 2020 - 2023, USD Thousands
TABLE 72 Nigeria Beauveria Bassiana Market by Application, 2024 - 2031, USD Thousands
TABLE 73 Nigeria Beauveria Bassiana Market by Type, 2020 - 2023, USD Thousands
TABLE 74 Nigeria Beauveria Bassiana Market by Type, 2024 - 2031, USD Thousands
TABLE 75 Rest of LAMEA Beauveria Bassiana Market, 2020 - 2023, USD Thousands
TABLE 76 Rest of LAMEA Beauveria Bassiana Market, 2024 - 2031, USD Thousands
TABLE 77 Rest of LAMEA Beauveria Bassiana Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 78 Rest of LAMEA Beauveria Bassiana Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 79 Rest of LAMEA Beauveria Bassiana Market by Application, 2020 - 2023, USD Thousands
TABLE 80 Rest of LAMEA Beauveria Bassiana Market by Application, 2024 - 2031, USD Thousands
TABLE 81 Rest of LAMEA Beauveria Bassiana Market by Type, 2020 - 2023, USD Thousands
TABLE 82 Rest of LAMEA Beauveria Bassiana Market by Type, 2024 - 2031, USD Thousands
TABLE 83 Key Information – Filnova S.r.l.
TABLE 84 Key Information – Tari- Biotech
TABLE 85 Key Information – ARBICO Organics
TABLE 86 Key Information – BASF SE
TABLE 87 Key Information – Agrigem Ltd.
TABLE 88 Key Information – Novozymes A/S
TABLE 89 Key Information – Certis USA LLC
TABLE 90 Key Information – Andermatt Group AG
TABLE 91 Key Information – Fargro Limited
TABLE 92 Key Information – T.Stanes and Company Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Beauveria Bassiana Market, 2020 - 2031, USD Thousands
FIG 3 Key Factors Impacting Beauveria Bassiana Market
FIG 4 Porter’s Five Forces Analysis – Beauveria Bassiana Market
FIG 5 LAMEA Beauveria Bassiana Market share by Distribution Channel, 2023
FIG 6 LAMEA Beauveria Bassiana Market share by Distribution Channel, 2031
FIG 7 LAMEA Beauveria Bassiana Market by Distribution Channel, 2020 - 2031, USD Thousands
FIG 8 LAMEA Beauveria Bassiana Market share by Application, 2023
FIG 9 LAMEA Beauveria Bassiana Market share by Application, 2031
FIG 10 LAMEA Beauveria Bassiana Market by Application, 2020 - 2031, USD Thousands
FIG 11 LAMEA Beauveria Bassiana Market share by Type, 2023
FIG 12 LAMEA Beauveria Bassiana Market share by Type, 2031
FIG 13 LAMEA Beauveria Bassiana Market by Type, 2020 - 2031, USD Thousands
FIG 14 LAMEA Beauveria Bassiana Market share by Country, 2023
FIG 15 LAMEA Beauveria Bassiana Market share by Country, 2031
FIG 16 LAMEA Beauveria Bassiana Market by Country, 2020 - 2031, USD Thousands
FIG 17 SWOT analysis: Filnova S.r.l.
FIG 18 SWOT analysis: Tari- Biotech
FIG 19 SWOT analysis: ARBICO Organics
FIG 20 SWOT Analysis: BASF SE
FIG 21 SWOT analysis: Agrigem Ltd.
FIG 22 Swot Analysis: Novozymes A/S
FIG 23 Swot Analysis: Certis USA LLC.
FIG 24 SWOT analysis: Andermatt Group AG
FIG 25 SWOT analysis: Fargro Limited
FIG 26 SWOT analysis: T.Stanes and Company Limited