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Coccinella magnifica is a species of ladybird or Lady Beetle. Many people tend to shy away from bugs and insects, but the ladybug is appreciated by almost everyone. Ladybugs, or lady beetles, are a very beneficial group of insects. Both the adults and larvae are predators. They are known for their diet of aphids, but will eat many other pests such as soft-scale insects, spider mites, mealybugs, and the eggs of many others. A single larvae will eat about 400 medium size aphids during its development to pupal stage. An adult will eat about 300 aphids before it lays its eggs. Approximately 3 to 10 aphids are eaten for each egg laid, and a female will lay from 50 to 300 eggs in her lifetime. More than 5000 aphids may be eaten by a single adult ladybug in its lifetime.