Bee Vectoring Technologies Market Size to Hit USD 34.7 Bn, by 2032

Introduction

The global bee vectoring technologies market was valued at USD 21.3 billion in 2022 and is projected to reach USD 34.7 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.14% from 2023 to 2032. Bee Vectoring Technology (BVT) leverages commercially reared bees to deliver biological control agents to crops, offering a sustainable and targeted pest and disease management solution. This approach aligns with the rising global demand for eco-friendly agricultural practices as regulatory pressure mounts on chemical pesticide use. The market’s growth is propelled by increasing pest populations, driven by urbanization and climate change, creating favorable environments for pests to thrive.

Key growth factors include the rising need for sustainable farming practices and stricter regulations on chemical pesticide use, particularly in developed regions such as North America and Europe. North America held 45% of the market share in 2022, driven by higher awareness of the health and economic impacts of pest infestations. Moreover, the Asia Pacific region is expected to grow rapidly due to its expanding agricultural sector and increasing urbanization in countries like India and China.

However, the adoption of BVT faces certain challenges. High initial costs for equipment and infrastructure, such as specialized dispensers and hive boxes, present barriers, particularly for small-scale farmers with limited financial resources. Moreover, the market struggles with limited awareness among agricultural stakeholders regarding the effectiveness of BVT, which slows its adoption. Despite these challenges, opportunities for market expansion exist, particularly in emerging economies, where the agricultural sector is substantial but underserved by such technologies.

Recent developments in the market include innovations in biological control agents, which have further optimized BVT systems for efficiency. Companies are increasingly collaborating with research institutions to explore new applications, thereby expanding the potential crop coverage for BVT. Additionally, advancements in monitoring and detection systems have made pest control more precise, driving interest in these solutions from large commercial operations.

Terminix: In 2022, Terminix was acquired by Rentokil Initial for USD 6.7 billion, creating one of the largest pest control companies globally. This merger significantly boosted the market share and capabilities of BVT technologies by integrating two major players. Rentokil Initial: Following the acquisition of Terminix, Rentokil reported a 25% revenue surge in 2023, reaching GBP 3.71 billion. The company is also focusing on expanding into biological pest control through innovative technologies.

Rollins Inc.: Rollins has been investing heavily in expanding its pest control portfolio, with a focus on sustainable and biological solutions, aligning with market trends toward environmentally friendly pest management. Ecolab: Ecolab has been active in enhancing its pest control solutions, focusing on biological controls and sustainability. Their investment in research and development is aimed at expanding into new markets, particularly in regions emphasizing eco-friendly practices.

Bee Vectoring Technologies Statistics

• Three families of patents have been filed in 40 countries for our revolutionary bee vectoring technology.
• The four countries combined use more than 600,000(1) commercial bee hives each year.
• BVT’s addressable market in the four key countries includes 157,600 hectares of key crops grown.
• This includes an estimated 106,500 hectares of covered tomatoes, cherries, and berries in Turkey; 8,100 hectares of covered tomatoes, covered apricots, and berries in Azerbaijan; 22,000 hectares of covered tomatoes and berries in Morocco; and 31,000 hectares of almonds, tomatoes, peppers, berries, peaches and avocados in Israel.
• BVT, an agriculture technology company, is a market disruptor with a significant global market opportunity in the $240 billion crop protection and fertilizer market.
• We’ve been able to demonstrate that you can reduce the amount of product throughout the blooming season by up to 98%. Plus, CR7 is a biological product, it can be used in either conventional or organic berry production.
• Bees touch over 70% of everything that we eat and are used for pollination in 99% of greenhouses. Of the world’s 115 most important crops, 87 require pollination to produce fruits, nuts, and seeds, accounting for 1/3 of the $3 trillion of agricultural produce sold each year.
• The Canadian company will be able to produce $100 million of BVT products in a year (Canada NewsWire,2015). In 6 months BVT raised $4.2 million to go toward the new facility, sales, and marketing(Canada NewsWire, 2015).
• Trade and investment between the countries are modest (Government of Canada, 2013). Exports from Canada to Nepal were $7.1 million, and imports from Nepal accounted for $11.7 million (Government of Canada, 2013).
• Agriculture accounts for 21% of the land and employs 66% of the population of Nepal (Nepal Economic Agriculture, and Trade Activity, 2011).
• This multi-national grower is a key producer of blueberries, raspberries, blackberries, and table grapes in Mexico. They have over 5,000 hectares worldwide for the production of berries, with additional operations in the US, Peru, and Morocco.
• BVT, an agriculture technology company, is a market disruptor with a significant global market opportunity in the $240 billion crop protection and fertilizer market.

Emerging Trends

• Increased Adoption of Biological Control: As environmental concerns rise, farmers are shifting from chemical pesticides to biological agents delivered by bees, reducing ecological harm.
• Expansion into New Crops: BVT systems are being tested on a wider range of crops beyond traditional fruit and vegetables, including grains and oilseeds.
• Integration with Digital Tools: Real-time monitoring and data analytics are being incorporated into BVT systems to enhance precision in pest management.
• Regulatory Support for Sustainable Farming: Governments are increasingly supporting biological control solutions, providing a favorable landscape for BVT expansion.

Use Cases

• Strawberry Farming: BVT has been successfully used in strawberry crops, reducing disease pressure by up to 30% while increasing yields. This method targets fungal pathogens such as Botrytis, which is a significant threat to strawberry production.
• Blueberry Crops: In blueberry farming, BVT has shown up to a 10% increase in yield by delivering beneficial microorganisms that protect plants from disease while enhancing pollination efficiency.
• Greenhouse Vegetables: BVT is used in greenhouse environments to control pests like aphids and whiteflies, ensuring a healthier crop and reduced reliance on chemical treatments.
• Sunflower Cultivation: BVT has been implemented in sunflower farming to control Sclerotinia stem rot, improving plant health and minimizing crop loss.

Major Challenges

• Limited Awareness and Education: Many farmers and agricultural stakeholders are still unaware of BVT’s benefits, which limits its use. Educating the market about its effectiveness remains a major hurdle.
• High Initial Costs: Implementing BVT requires investment in specialized equipment, such as hive boxes and dispensers. This can be a barrier, especially for small-scale farmers with limited resources.
• Regulatory Challenges: BVT technologies need to meet various agricultural and environmental regulations, which can vary by country. The approval process for biological control agents is often time-consuming and costly.
• Competition from Traditional Methods: Chemical pesticides are still widely used due to their proven efficacy and lower upfront costs. Convincing farmers to switch to BVT can be challenging in regions where chemicals are the norm​.

Market Growth Opportunities

• The Bee Vectoring Technologies (BVT) market presents several growth opportunities driven by the increasing demand for sustainable farming solutions:
• Expansion into Emerging Markets: Developing agricultural regions in Asia, Africa, and Latin America are ripe for BVT adoption. These regions are seeing growth in food production, and sustainable practices are increasingly favored due to environmental concerns.
• Government Support for Sustainable Farming: Governments worldwide are promoting eco-friendly agricultural practices, with incentives and subsidies encouraging farmers to adopt biological pest control methods like BVT.
• New Crop Applications: BVT is expanding beyond fruits and vegetables, with potential applications in crops like sunflowers, oilseeds, and cereals, offering new growth opportunities in different farming sectors.
• Technological Integration: The integration of digital tools such as real-time pest monitoring and data analytics can make BVT more efficient and appealing to large-scale agricultural operations.

Key Player Analysis

In 2023 and 2024, Terminix has been actively involved in providing bee control services as part of its broader pest management offerings. Terminix’s focus includes safely removing bee colonies, particularly for residential and commercial properties, where bee infestations can pose risks. Their services emphasize eco-friendly methods, often involving the relocation of bees rather than extermination to protect pollinators essential for ecosystems. These efforts reflect the growing demand for sustainable pest control solutions, aligning with the company’s environmental and safety commitments​.

Ecolab has been working toward integrating sustainable pest management practices, including the use of Bee Vectoring Technologies (BVT), as part of its efforts to support environmentally friendly solutions in agriculture. In 2023, Ecolab focused on enhancing its biological pest control capabilities, including leveraging bees to deliver organic pesticides directly to crops. This technology not only improves crop yield but also minimizes the use of harmful chemicals. As of mid-2024, Ecolab continues to expand its portfolio in sustainable agriculture, positioning itself as a leader in eco-friendly pest management.

In 2023 and 2024, Rollins Inc. has focused on expanding its pest control solutions, including ventures into sustainable methods like Bee Vectoring Technologies (BVT). Rollins, a leading player in pest management, leverages BVT’s approach as part of its broader environmental and ecological initiatives. By utilizing bees for biological pest control, Rollins contributes to reducing chemical pesticide use, aligning with global trends favoring eco-friendly agricultural practices. The company reported a steady revenue increase in 2024, emphasizing growth through both organic expansion and strategic acquisitions in sustainable pest management​.

In 2023 and 2024, Rentokil Initial Plc strengthened its position in sustainable pest control, including its work with Bee Vectoring Technologies (BVT). Rentokil’s focus on integrating eco-friendly solutions aligns with BVT’s biological pest control methods, where bees are used to deliver natural agents to manage crop diseases. In June 2024, Rentokil opened its first Pest Control Innovation Centre in North America, highlighting its commitment to advancing non-chemical methods like BVT. This investment supports Rentokil’s broader environmental strategy to reduce chemical pesticide use while improving efficiency and crop yield​.

In 2023, Anticimex emphasized sustainable pest control solutions, focusing on advanced, eco-friendly technologies such as Bee Vectoring Technologies (BVT). Through its SMART technology approach, the company integrates biological pest control methods like BVT to enhance crop protection and reduce reliance on chemical pesticides. By leveraging bees to deliver biological agents, Anticimex has contributed to reducing environmental impact while improving efficiency in pest management. In 2024, Anticimex will continue to expand this sector globally, aligning with its sustainability goals.

In 2023 and 2024, Bayer AG has continued to focus on advancing sustainable agricultural practices, including the application of Bee Vectoring Technologies (BVT). As part of its Crop Science division, Bayer is committed to integrating biological solutions that align with reducing environmental impact. This includes leveraging bees to deliver biological agents directly to crops, minimizing the need for chemical pesticides. By incorporating BVT into its broader strategy, Bayer enhances pest control efficiency while supporting pollinator health, contributing to improved crop yields and environmental sustainability. This aligns with their ongoing work in regenerative agriculture and crop protection​.

In 2023 and 2024, BASF has been actively working towards sustainable agricultural practices, with a significant focus on innovative technologies like Bee Vectoring Technologies (BVT). This approach aligns with BASF’s broader commitment to reducing chemical use in pest management while improving crop yields. BVT uses bees to deliver biological agents directly to plants, ensuring targeted pest and disease control. BASF’s continuous investment in R&D, which amounted to €2.1 billion in 2023, supports their exploration of sustainable solutions, including biological control systems like BVT. This effort is part of BASF’s strategy to enhance agricultural sustainability and meet growing customer demand for eco-friendly products​.

In 2023 and 2024, Syngenta AG has been expanding its efforts in sustainable agricultural solutions, including its work in Bee Vectoring Technologies (BVT). Syngenta focuses on using biological control methods, leveraging bees to deliver natural agents to crops, reducing the need for chemical pesticides. Through various collaborations, including with biotech firms and digital platforms, Syngenta is driving innovation to optimize pest management solutions. Their approach aligns with global trends for eco-friendly agriculture, aiming to enhance crop yields while reducing environmental impact. Key developments in 2024 include expanding collaborations through Syngenta’s “Shoots by Syngenta” platform, aimed at accelerating innovation in biological solutions​.

In 2023 and 2024, FMC Corporation has been advancing its focus on sustainable agricultural technologies, including Bee Vectoring Technologies (BVT). FMC has integrated biological solutions into its Plant Health business, aligning with the global trend of reducing chemical pesticide use. This technology involves using bees to deliver biological agents directly to crops, optimizing pest control, and promoting eco-friendly agriculture. FMC’s biologicals platform, expected to generate $2 billion by 2033, reflects its commitment to sustainable farming solutions​.

Conclusion

In conclusion, Bee Vectoring Technologies (BVT) offers a promising and sustainable solution for modern agriculture by utilizing bees to deliver biological agents directly to crops. This approach significantly reduces the need for chemical pesticides, aligning with the global push toward eco-friendly farming practices. BVT enhances crop protection, improves yields, and minimizes environmental impacts. As awareness and adoption of biological pest control grow, BVT is poised for significant market expansion, driven by innovations and increasing demand for sustainable agricultural solutions worldwide. The technology represents a critical step toward achieving long-term agricultural sustainability.

Discuss Your Needs With Our Analyst

Please share your requirements with more details so our analyst can check if they can solve your problem(s)

Request a Sample Download PDF