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Agricultural Biologicals Market is Likely to Increase at a Significantly High CAGR during Forecast Period 2031 | Biolchim S.p.A., Biovert, SL, GOWAN CO.

03-27-2024 08:00 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Agricultural Biologicals Market is Likely to Increase at

Agricultural biological market is anticipated to grow at a significant CAGR of 8.9% during the forecast period. The rising awareness about organic food products is boosting the demand for agricultural biological is increasing across the globe. According to Food and Agriculture Organization of the United Nations (FAO) data, the global sales of organic food and drink reached more than $109 billion in 2019. Organic agriculture is practiced in 187 countries, and 72.3 million hectares of agricultural land were managed organically by at least 3.1 million farmers. Further, organic farmland increased by 1.1 Million hectares or 1.6% in 2019. In 2019 the countries with the largest organic markets were the US, Germany, and France. The largest single market was the US (42% of the global market), followed by the European Union (39%) and China (8%) with the highest per capita consumption in 2019 was Denmark. Hence the increasing demand for organic products and increasing organic farming is boosting the demand for agricultural biological as these are topical or seed treatment products made from natural materials such as naturally occurring microorganisms, plant extracts, beneficial insects or other organic matter, which are majorly used to replace chemicals used in agriculture farming. These biological are used to protect crops from pests, weeds, and diseases, thereby maintaining crops healthy.

The global agricultural biological market is segmented based on product, application and crop type. Based on product, the market is segmented into biopesticides, biostimulants, and biofertilizers. Based on application, the market is sub-segmented into foliar spray, seed treatment, soil treatment, and post harvest. Based on crop type the market is sub-segmented into cereals & grains, oilseeds & pulses, fruits & vegetables, and others. The above mentioned segments can be customized as per the requirements. Among the product segment the biopesticides sub-segment is anticipated to hold a prominent market share, while the biofertilizers sub segment is anticipated to witness the fastest growth. The biopesticides contains biochemical, and microbial. Microbial pesticides, however, contain active ingredients such as bacterium, fungus, virus or protozoan, which control several types of pests. The highly utilized microbial pesticide includes strains of Bacillus thuringiensis, which forms a protein mix to kill the pests. Hence these factors are growing the biopesticides sub-segment during the forecast period.

To Request a Sample of our Report on Agricultural Biologicals Market: https://www.omrglobal.com/request-sample/agricultural-biological-market

Agricultural Biologicals Market Segmentation

By Product

· Biopesticides

· Biochemicals

· Microbials

· Biostimulants

· Acid based

· Seaweed extract

· Microbials

· Others

· Biofertilizers

· Nitrogen Fixation

· Phosphate Solubilizing

· Others

By Application

· Foliar Spray

· Seed Treatment

· Soil Treatment

· Post Harvest

By Crop Type

· Cereals & Grains

· Oilseeds & Pulses

· Fruits & Vegetables

· Others

A full Report of Agricultural Biologicals Market is Available @ https://www.omrglobal.com/industry-reports/agricultural-biological-market

Regional Analysis

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

· Biolchim S.p.A.

· Biovert, SL

· GOWAN CO.

· Koppert B.V.

· Marrone Bio Innovation

· PI Industries Ltd.

· Rizobacter Argentina SA

· SEIPASA, S.A.

· STK bio-ag technologies

· SYMBORG CORPORATE, SL.

· TRADE CORPORATION INTERNATIONAL, S.A. UNIPERSONAL

· UPL Ltd.

· Valent BioSciences LLC

· Vegalab SA

· Verdesian Life Sciences

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/agricultural-biological-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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