Agricultural Biologicals - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Agricultural Biologicals Market is accounted for $7.75 billion in 2018 and is expected to reach $42.76 billion by 2027 growing at a CAGR of 20.9% during the forecast period. Growing preference for organic products and high costs associated with the development of synthetic crop protection products are the major factors propelling the market growth. However, widespread availability of chemical agricultural products is hampering the market growth.
Agricultural biologicals are topical or seed treatment products produced using natural materials, which are significantly used to replace chemicals utilized in agriculture farming. These biologicals are used to protect crops from pests, weeds, and diseases, thereby maintaining crops healthy. Also, farmers are dependent upon agricultural biologicals as it discourages the use of synthetic and chemical fertilizers to grow healthy and nutritious food.
Based on the product type, the microbials segment is going to have a lucrative growth during the forecast period due to availability of strains, ease of production, a higher rate of adoption among farmers and not need of the user to have specific technical knowledge and high-end distribution logistics by using microbials. By geography, North America is going to have a lucrative growth during the forecast period due to rising demand for organic farm produce, increasing demand for biopesticides, stringent regulations against the use of chemical fertilizers and high-end R&D infrastructure.
Some of the key players profiled in the Agricultural Biologicals Market include Bayer AG, Rizobacter, Vegalab S.A., Symborg, Valagro, UPL, Syngenta Crop Protection AG, Biobest Group Nv, Stockton Bio-AG, Seipasa, Lallemand, Marrone Bio Innovations, Verdesian Life Sciences, LLC, Koppert Biological Systems, Isagro S.P.A., Evogene Ltd, Biolchim S.P.A., Valent Biosciences, BASF SE and Andermatt Biocontrol AG.
• Crop Protection
• Crop Enhancement
Product Types Covered:
• Natural Products
Mode of Applications Covered:
• Soil Treatment
• Foliar Spray
• Seed Treatment
• Row Crops
• Oilseed & Pulses
• Cereals & Grains
• Fruits & Vegetables
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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