Press release
Agricultural Biologicals Market 2019 Industry Analysis, Size, Share, Top Market Players by BASF SE, Bayer AG, DowDuPont, Arysta LifeScience Corporation, Isagro SpA, Syngenta
Agricultural Biologicals Market, Global Agricultural Biologicals Market, Agricultural Biologicals Industry, Agricultural Biologica
Top Market Players:
Some of the key players operating in the global agricultural biologicals market are
BASF SE
DowDuPont
Arysta LifeScience Corporation
Bayer AG
Syngenta
Isagro SpA
Novozymes
Marrone Bio Innovations
Monsanto Company
Valent Biosciences LLC
Koppert B.V
Certis USA L.L.C
Agrinos
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Market Synopsis:
Agriculture biologicals are produced from organic sources such as agricultural waste, manure, biological matter, and microorganisms. Agricultural biologicals are based on crop rotation, recycling of animal manure, and crop residues. They promote the use of safe products for crop treatment and protection from insects, weeds, pests, and plant diseases. These natural fertilizers are a favorable substitute for chemical fertilizers, which protect crops from rodents, pests, and plant diseases. The European government promotes the usage of agricultural biologicals over chemical fertilizers, owing to the former’s eco-friendly nature, high demand for organic food, and easier residue management, which further boosts the market growth.
Owing to the strong market potential in developing economies and rapid growth in the use of microbial seed treatment, the global agricultural biologicals market provides lucrative opportunities to market players. The challenges affecting the global agricultural biologicals market are low adoption rate, poor agricultural practices, and lack of awareness about agricultural biologicals. limited shelf-life issues, technological restraints, limited product availability and low efficacy of agricultural biologicals hamper the global agricultural biologicals market. Moreover, the relatively high cost of bio-fertilizers as compared to chemical fertilizers is likely to restrain the market growth further.
Target Audience:
Agricultural biologicals manufacturers
Associations and industry bodies
Traders, distributors, and suppliers of agricultural biologicals
Potential investors
Government and research organizations
Key companies in the agricultural biologicals market
Segmentation Analysis:
The Agricultural Biologicals Market has been segmented based on type, source, mode of application, application, and region.
On the basis of type, the global agricultural biologicals market has been classified into biopesticides, biofertilizers, bio-stimulants, and others.
Based on source, the global agricultural biologicals market has been divided into microbial, biochemicals, and biorationals.
By mode of application, the global agricultural biologicals market has been categorized into foliar spray, soil treatment, and seed treatment.
Based on application, the global agricultural biologicals market has been segmented into cereals and grains, oilseeds and pulses, fruits and vegetables, cash crops, and others.
The global agricultural biologicals market has been studied across five key regions, namely Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.
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Regional Insights:
The Agricultural Biologicals Market is studied for five key regions, namely, Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.
The North American market dominated the agricultural biologicals market in 2017 and is projected to continue its dominance during the forecast period. The US is the leading country in the region owing to the presence of leading manufacturers such as Monsanto Company, Agrinos, and Arysta LifeScience Corporation. The market for Asia-Pacific is projected to grow at the highest CAGR in the coming years and is estimated to show the same trend during the following years. China and India are the prominent countries adopting agricultural biologicals owing to large consumer base and increasing agri-business. Japan and Australia & New Zealand are other countries contributing to the regional market growth.
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