Agricultural Biologicals Market: Which Would Be the Significant Development Factors Accountable For World Market Growth?

The AxiomMRC research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of agriculture biologicals, such as agriculture market, organic fertilizers market etc. It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the agriculture biologicals market performance.

Agriculture biologicals are also called as organic agriculture system and are a part of the sustainable farming system and a viable alternative to the more traditional approaches to agriculture. It is an environmentally friendly farming process with no use of pesticides, fertilizers, and chemicals. Moreover, it is a production system based on crop rotation, recycling of crop residues and animal manure, green manure, reasonable use of agricultural machinery and biological control methods

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The global market is estimated and forecasted in terms of revenue (USD million) generated by the agriculture biologicals market

The agriculture biologicals market has gained sustainable growth owing to increasing demand or organic food and growing environmental awareness globally. Moreover, raising awareness among the people related to health effects of the use of synthetic chemical coupled with rising concern for conservation of soil fertility and adequate crop nutrition are propelling the growth of the agricultural biological market.

Some of the key participants of the global agriculture biologicals market are:

Bayer AG, Syngenta, Monsanto, BASF SE, DowDuPont, Marrone Bio Innovations, Arysta LifeScience Corporation, Certis USA LLC, Koppert B.V, Valagro, Biolchim SPA, Valent BioSciences LLC. Furthermore, strategies such as expansions, as well as partnerships and agreements were also implemented by numerous market players to expand their R&D competencies and geographic presence in the global market.

Based on the type, the agriculture biologicals market is bifurcated into:

• Biopesticides
• Biofertilizers
• Biostimulants

The biopesticides segment accounted for the largest market share in 2017. The largest share of this segment is primarily attributed to increasing demand for biopesticides as a substitute for hazardous chemical pesticides used conventionally. Biopesticides are an organic substance used for controlling pests and improve the quality of the crops. On the basis of source, the agriculture biologicals market is segmented into microbial, biochemical and others.

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Based on the mode of application, the agriculture biologicals market is categorized into:

• Foliar sprays
• Soil treatment and
• Seed treatment

In 2017, the foliar spar segment dominated the market and accounted for a considerable market share in the global agricultural biologicals market as foliar sprays are an excellent solution for crop protection and Macronutrients and micronutrients are normally added along with the biostimulants meant for foliar application.

By geography, the global agriculture biological market is studied across the countries of key regions:

North America, Europe, Asia Pacific and rest of the world. Rest of the world includes Latin America and Middle East & Africa. Globally, North America is expected to be the fastest-growing region during the prediction period. Factors such as rising demand for sustainable agricultural practices and stringent government regulation against the use of harmful chemicals are fuelling the growth of agriculture biologicals market in North America.

Key questions answered in the report:

•What is the future scope of global Agriculture Biological market up to 2024
•What are the challenges to market growth?
•Who are the key vendors in the global Agriculture Biological market?
•What will the market size and the growth rate be in 2024?
•What are the key market trends impacting the growth of the global Agriculture Biological market?

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