Press release
Agricultural Inoculants Market will reach 840 million US$ by the end of 2025- QY Research, Inc.
Agricultural inoculants are formulations containing one or more beneficial microorganism strains, (or species) which help in plant growth and development, directly or indirectly. These microorganisms consume several elements from soil as food sources and excrete these into more available materials for plants. Agricultural inoculants are gaining popularity because of their multi-functional benefits to plants in sustainable agriculture.
North America is the leading agricultural inoculants producer region, with revenue market share as 37.81%.
North America and South America are the major sales markets, with global market share of 37.81% % and 30.51% in 2017 Respectively. Brazil and Argentina constituted the largest country markets in the Latin American region in 2014. The increase in demand of organically grown food products by the population is fueling the market for agricultural inoculants in this region. Brazil and Argentina are the major contributors in the production of soybean. Agricultural inoculants are widely used for the soybean crops and hence the consumption of inoculants is expected to increase in the next five years. Latin America is one of the largest regions having organic agricultural land area which makes the demand for agricultural inoculants high in this region. North America accounted for the largest market share, due to the high rate of adoption of new technologies to increase the efficiency of crop production and minimize the cost of operations.
With the development of agricultural inoculants production technology, the manufacturers should realize that the copyrights, patents, and intellectual property are most important part of agricultural inoculants. So their share in the international market can increase, and competitiveness in the international market gradually increases.
The global Agricultural Inoculants market is valued at 430 million US$ in 2017 and will reach 840 million US$ by the end of 2025, growing at a CAGR of 8.6% during 2018-2025.
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The major manufacturers covered in this report
BASF
Novozymes
Dupont
BAYER
Verdesian Life Sciences
Stoller
Bio-Soja
Calister S. A
Leading Bio-Agri
ABM
Alosca Technologies
Microquimica
KALO
Hua Long Technical
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
North America
Europe
China
Japan
Southeast Asia
India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Liquid
Powder
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Soybean
Cereals
Other
Click to view the full report TOC, figure and tables: https://www.qyresearch.com/index/detail/127983/global-agricultural-inoculants-market
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
QY Research, INC.
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