Agriculture Microbial Market
Agriculture Microbial Market Forecasts to 2030 - Global Analysis By Type (Bacteria, Fungi, Viruses and Protozoa), By Crop Type (Cereals & Grains, Fruits & Vegetables and Other Crop Types), Function, Formulation, Application and By Geography
|
Years Covered |
2021-2030 |
|
Estimated Year Value (2023) |
US $7.1 BN |
|
Projected Year Value (2030) |
US $21.1 BN |
|
CAGR (2023-2030) |
16.7% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
North America |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Agriculture Microbial Market is accounted for $7.1 billion in 2023 and is expected to reach $21.1 billion by 2030 growing at a CAGR of 16.7% during the forecast period. Agricultural microbes refer to beneficial microorganisms, such as bacteria, fungi and algae, applied in agriculture to enhance soil fertility, plant health and overall crop yield. These microbes contribute to sustainable farming practices by promoting nutrient cycling, suppressing pathogens and improving plant resilience. Utilizing agricultural microbes is a key strategy for environmentally friendly and efficient agricultural production.
According to the Environmental Working Group, 2020, American consumers spent a total of USD 20.4 billion on organic fruits and vegetables, fresh and frozen combined, in 2020, making organic produce now 15% of all fruits and vegetables sold in the U.S.
Market Dynamics:
Driver:
Rising demand for organic farming
The rising demand for organic farming serves as a key driver in the agriculture microbial market. Consumers' increasing preference for organic produce, driven by health and environmental concerns, has stimulated farmers to adopt sustainable and chemical-free agricultural practices. Agricultural microbes play a vital role in organic farming by promoting soil health, enhancing nutrient availability, and managing pests naturally. The growing awareness of the benefits of organic farming is propelling the demand for microbial solutions, driving market growth in response to consumer preferences.
Restraint:
High research and development costs
Developing and commercializing effective microbial solutions requires substantial investments in research, testing, and regulatory compliance. These costs, coupled with the uncertainty of successful product development, can hinder the entry of new players and limit the affordability of microbial technologies for farmers.
Opportunity:
Government initiatives and support programs
The increasing awareness of sustainable farming practices has led governments to encourage the adoption of agricultural microbes through subsidies, research funding, and educational campaigns. Such initiatives not only promote eco-friendly farming but also incentivize farmers to integrate microbial solutions for improved soil health and crop yield. Government support plays a pivotal role in creating a conducive environment for the widespread adoption of microbial technologies in agriculture, fostering a sustainable and resilient agricultural sector.
Threat:
Lack of farmer awareness and adoption
The lack of farmer awareness and adoption poses a significant threat to the agriculture microbial market. Despite the proven benefits of microbial solutions in enhancing soil health, crop productivity, and sustainability, many farmers may lack awareness of these technologies. Limited knowledge about the advantages and proper application of agricultural microbes, coupled with traditional farming practices, hinders widespread adoption.
Covid-19 Impact:
The COVID-19 pandemic initially impacted the Agriculture Microbial market due to disruptions in the supply chain and logistical challenges. However, as the agriculture sector adapted to the new normal, there has been a renewed focus on sustainable and resilient farming practices, boosting the demand for microbial solutions. The pandemic has highlighted the importance of food security and sustainable agriculture, driving increased awareness and adoption of agriculture microbial products for enhanced crop yield and resilience.
The crop protection segment is expected to be the largest during the forecast period
The crop protection segment is anticipated to be the largest in the agriculture microbial market during the forecast period due to growing concerns about chemical pesticide usage. Farmers are increasingly adopting microbial-based crop protection solutions as eco-friendly alternatives. These solutions offer effective pest and disease management, promoting sustainable agriculture. Additionally, stringent regulations on chemical pesticide use and the rising demand for organic produce further drive the prominence of microbial-based crop protection methods, fueling the segment's growth.
The fruits & vegetables segment is expected to have the highest CAGR during the forecast period
The fruits and vegetables segment is projected to witness the highest growth in the agriculture microbial market during the forecast period. This growth is attributed to the increasing consumer demand for safe and residue-free produce. Farmers are adopting microbial solutions for fruits and vegetables to enhance crop quality and yield while reducing reliance on chemical inputs. Moreover, microbial-based products contribute to sustainable farming practices, aligning with the rising preference for organic and healthier food options.
Region with largest share:
North America is poised to dominate the agriculture microbial market due to a strong emphasis on sustainable agriculture, advancements in microbial technology, and a growing awareness of environmental conservation. The region's well-established agricultural infrastructure, coupled with supportive government policies and investments in research and development, positions it as a key player in adopting microbial solutions. Furthermore, increasing demand for organic products and a focus on reducing chemical inputs further contribute to the significant market growth in North America.
Region with highest CAGR:
The Asia Pacific region foresees rapid growth in the agriculture microbial market due to increasing awareness of sustainable farming practices, rising demand for high-quality crops, and a shift towards eco-friendly agriculture. Government initiatives promoting organic farming, coupled with a focus on reducing chemical inputs, are driving the adoption of agricultural microbes. The region's diverse agro-climatic conditions further encourage the use of microbial solutions to enhance soil health, crop productivity, and overall agricultural sustainability.
Key players in the market
Some of the key players in agriculture microbial market include BASF SE, Bayer CropScience, BIO-CAT Microbials, BioConsortia, BioWorks Inc., Certis USA, Chr. Hansen Holding A/S, Corteva Agriscience, Isagro S.p.A., Koppert Biological Systems, Lallemand Inc., Marrone Bio Innovations, Inc., Mosaic Company, Mycorrhizal Applications, Novozymes A/S, Rizobacter, Sumitomo Chemical Co., Ltd., Syngenta AG, Valent BioSciences Corporation and Verdesian Life Sciences.
Key Developments:
In September 2022, Corteva Agriscience agreed to acquire Symborg Inc., and this move will strengthen Symborg's global presence with a strong distribution network.
In April 2022, Bayer CropScience signed an agreement with Ginkgo Bioworks wherein Ginkgo Bioworks would acquire Bayer's West Sacramento Biologics Research & Development site and internal discovery and lead optimization platform. This agreement is likely to accelerate the expansion of Bayer's diversified portfolio of high-quality microbial-based solutions for growers worldwide.
In March 2022, The Mosaic Company and BioConsortia, Inc. signed a new agreement to develop and distribute nitrogen-fixing microbial products for rice, corn, wheat, fruit and vegetables in India, China, Vietnam, and Thailand.
Types Covered:
• Bacteria
• Fungi
• Viruses
• Protozoa
Crop Types Covered:
• Cereals & Grains
• Fruits & Vegetables
• Oilseeds & Pulses
• Other Crop Types
Functions Covered:
• Crop Protection
• Crop Enhancement
• Soil Health Improvement
• Other Functions
Formulations Covered:
• Liquid
• Dry
Applications Covered:
• Composting
• Livestock Feed Additives
• Bioremediation
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
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 2021, 2022, 2023, 2026, and 2030
- 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
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Agriculture Microbial Market, By Type
5.1 Introduction
5.2 Bacteria
5.2.1 Biocontrol Bacteria (Bacillus)
5.2.2 Nitrogen-fixing Bacteria
5.2.3 Phosphate-solubilizing Bacteria
5.2.4 Plant Growth-promoting Bacteria
5.3 Fungi
5.3.1 Entomopathogenic Fungi
5.3.2 Mycorrhizal Fungi
5.3.3 Trichoderma
5.3.4 Yeast
5.4 Viruses
5.5 Protozoa
6 Global Agriculture Microbial Market, By Crop Type
6.1 Introduction
6.2 Cereals & Grains
6.2.1 Corn
6.2.2 Wheat
6.2.3 Rice
6.2.4 Other Cereals and Grains
6.3 Fruits & Vegetables
6.3.1 Pome Fruits
6.3.2 Citrus Fruits
6.3.3 Berries
6.3.4 Root and Tuber Vegetables
6.3.5 Leafy Vegetables
6.3.6 Other Fruits and vegetables
6.4 Oilseeds & Pulses
6.4.1 Soybean
6.4.2 Sunflower
6.4.3 Other Oilseeds and Pulses
6.5 Other Crop Types
7 Global Agriculture Microbial Market, By Function
7.1 Introduction
7.2 Crop Protection
7.2.1 Disease Suppression
7.2.2 Pest Control
7.2.3 Stress Tolerance
7.3 Crop Enhancement
7.3.1 Plant Growth Promotion
7.3.2 Nutrient Uptake Enhancement
7.3.3 Yield Increase
7.4 Soil Health Improvement
7.4.1 Organic Matter Decomposition
7.4.2 Nutrient Cycling
7.4.3 Soil Fertility Enhancement
7.5 Other Functions
8 Global Agriculture Microbial Market, By Formulation
8.1 Introduction
8.2 Liquid
8.2.1 Emulsifiable Concentrates
8.2.2 Soluble Liquid Flowables
8.2.3 Suspension concentrates
8.3 Dry
8.3.1 Powdered Inoculants
8.3.2 Water Dispersible Granules
8.3.3 Wettable Powder
9 Global Agriculture Microbial Market, By Application
9.1 Introduction
9.2 Composting
9.3 Livestock Feed Additives
9.4 Bioremediation
9.5 Other Applications
9.5.1 Post-Harvest Treatment
9.5.2 Wastewater Treatment
10 Global Agriculture Microbial Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 BASF SE
12.2 Bayer CropScience
12.3 BIO-CAT Microbials
12.4 BioConsortia
12.5 BioWorks Inc.
12.6 Certis USA
12.7 Chr. Hansen Holding A/S
12.8 Corteva Agriscience
12.9 Isagro S.p.A.
12.10 Koppert Biological Systems
12.11 Lallemand Inc.
12.12 Marrone Bio Innovations, Inc.
12.13 Mosaic Company
12.14 Mycorrhizal Applications
12.15 Novozymes A/S
12.16 Rizobacter
12.17 Sumitomo Chemical Co., Ltd.
12.18 Syngenta AG
12.19 Valent BioSciences Corporation
12.20 Verdesian Life Sciences
List of Tables
1 Global Agriculture Microbial Market Outlook, By Region (2021-2030) ($MN)
2 Global Agriculture Microbial Market Outlook, By Type (2021-2030) ($MN)
3 Global Agriculture Microbial Market Outlook, By Bacteria (2021-2030) ($MN)
4 Global Agriculture Microbial Market Outlook, By Biocontrol Bacteria (Bacillus) (2021-2030) ($MN)
5 Global Agriculture Microbial Market Outlook, By Nitrogen-fixing Bacteria (2021-2030) ($MN)
6 Global Agriculture Microbial Market Outlook, By Phosphate-solubilizing Bacteria (2021-2030) ($MN)
7 Global Agriculture Microbial Market Outlook, By Plant Growth-promoting Bacteria (2021-2030) ($MN)
8 Global Agriculture Microbial Market Outlook, By Fungi (2021-2030) ($MN)
9 Global Agriculture Microbial Market Outlook, By Entomopathogenic Fungi (2021-2030) ($MN)
10 Global Agriculture Microbial Market Outlook, By Mycorrhizal Fungi (2021-2030) ($MN)
11 Global Agriculture Microbial Market Outlook, By Trichoderma (2021-2030) ($MN)
12 Global Agriculture Microbial Market Outlook, By Yeast (2021-2030) ($MN)
13 Global Agriculture Microbial Market Outlook, By Viruses (2021-2030) ($MN)
14 Global Agriculture Microbial Market Outlook, By Protozoa (2021-2030) ($MN)
15 Global Agriculture Microbial Market Outlook, By Crop Type (2021-2030) ($MN)
16 Global Agriculture Microbial Market Outlook, By Cereals & Grains (2021-2030) ($MN)
17 Global Agriculture Microbial Market Outlook, By Corn (2021-2030) ($MN)
18 Global Agriculture Microbial Market Outlook, By Wheat (2021-2030) ($MN)
19 Global Agriculture Microbial Market Outlook, By Rice (2021-2030) ($MN)
20 Global Agriculture Microbial Market Outlook, By Other Cereals and Grains (2021-2030) ($MN)
21 Global Agriculture Microbial Market Outlook, By Fruits & Vegetables (2021-2030) ($MN)
22 Global Agriculture Microbial Market Outlook, By Pome Fruits (2021-2030) ($MN)
23 Global Agriculture Microbial Market Outlook, By Citrus Fruits (2021-2030) ($MN)
24 Global Agriculture Microbial Market Outlook, By Berries (2021-2030) ($MN)
25 Global Agriculture Microbial Market Outlook, By Root and Tuber Vegetables (2021-2030) ($MN)
26 Global Agriculture Microbial Market Outlook, By Leafy Vegetables (2021-2030) ($MN)
27 Global Agriculture Microbial Market Outlook, By Other Fruits and vegetables (2021-2030) ($MN)
28 Global Agriculture Microbial Market Outlook, By Oilseeds & Pulses (2021-2030) ($MN)
29 Global Agriculture Microbial Market Outlook, By Soybean (2021-2030) ($MN)
30 Global Agriculture Microbial Market Outlook, By Sunflower (2021-2030) ($MN)
31 Global Agriculture Microbial Market Outlook, By Other Oilseeds and Pulses (2021-2030) ($MN)
32 Global Agriculture Microbial Market Outlook, By Other Crop Types (2021-2030) ($MN)
33 Global Agriculture Microbial Market Outlook, By Function (2021-2030) ($MN)
34 Global Agriculture Microbial Market Outlook, By Crop Protection (2021-2030) ($MN)
35 Global Agriculture Microbial Market Outlook, By Disease Suppression (2021-2030) ($MN)
36 Global Agriculture Microbial Market Outlook, By Pest Control (2021-2030) ($MN)
37 Global Agriculture Microbial Market Outlook, By Stress Tolerance (2021-2030) ($MN)
38 Global Agriculture Microbial Market Outlook, By Crop Enhancement (2021-2030) ($MN)
39 Global Agriculture Microbial Market Outlook, By Plant Growth Promotion (2021-2030) ($MN)
40 Global Agriculture Microbial Market Outlook, By Nutrient Uptake Enhancement (2021-2030) ($MN)
41 Global Agriculture Microbial Market Outlook, By Yield Increase (2021-2030) ($MN)
42 Global Agriculture Microbial Market Outlook, By Soil Health Improvement (2021-2030) ($MN)
43 Global Agriculture Microbial Market Outlook, By Organic Matter Decomposition (2021-2030) ($MN)
44 Global Agriculture Microbial Market Outlook, By Nutrient Cycling (2021-2030) ($MN)
45 Global Agriculture Microbial Market Outlook, By Soil Fertility Enhancement (2021-2030) ($MN)
46 Global Agriculture Microbial Market Outlook, By Other Functions (2021-2030) ($MN)
47 Global Agriculture Microbial Market Outlook, By Formulation (2021-2030) ($MN)
48 Global Agriculture Microbial Market Outlook, By Liquid (2021-2030) ($MN)
49 Global Agriculture Microbial Market Outlook, By Emulsifiable Concentrates (2021-2030) ($MN)
50 Global Agriculture Microbial Market Outlook, By Soluble Liquid Flowables (2021-2030) ($MN)
51 Global Agriculture Microbial Market Outlook, By Suspension concentrates (2021-2030) ($MN)
52 Global Agriculture Microbial Market Outlook, By Dry (2021-2030) ($MN)
53 Global Agriculture Microbial Market Outlook, By Powdered Inoculants (2021-2030) ($MN)
54 Global Agriculture Microbial Market Outlook, By Water Dispersible Granules (2021-2030) ($MN)
55 Global Agriculture Microbial Market Outlook, By Wettable Powder (2021-2030) ($MN)
56 Global Agriculture Microbial Market Outlook, By Application (2021-2030) ($MN)
57 Global Agriculture Microbial Market Outlook, By Composting (2021-2030) ($MN)
58 Global Agriculture Microbial Market Outlook, By Livestock Feed Additives (2021-2030) ($MN)
59 Global Agriculture Microbial Market Outlook, By Bioremediation (2021-2030) ($MN)
60 Global Agriculture Microbial Market Outlook, By Other Applications (2021-2030) ($MN)
61 Global Agriculture Microbial Market Outlook, By Post-Harvest Treatment (2021-2030) ($MN)
62 Global Agriculture Microbial Market Outlook, By Wastewater Treatment (2021-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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