Agricultural Biologicals Market Demand and Forecast 2023 | BASF SE, Bayer AG, DowDuPont, Koppert B.V., Agrinos

The global agricultural biologicals market has been segmented on the basis of type, source, mode of application, application, and region. By application, the global agricultural biologicals market has been divided into cereals and grains, oilseeds and pulses, fruits and vegetables, cash crops and others. Based on type, the global agricultural biologicals market has been segregated into biopesticides, biofertilizers, bio-stimulants, and others. By source, the global agricultural biologicals market has been categorized as microbials, biochemicals, and biorationals. On the basis of application, the global agricultural biologicals market has been segregated into foliar spray, soil treatment, and seed treatment.

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Major Players:

DowDuPont
Isagro SpA
Novozymes
Marrone Bio Innovations
Bayer AG
Syngenta
Monsanto Company
BASF SE
Valent Biosciences LLC
Koppert B.V.
Certis USA L.L.C
Agrinos
Arysta LifeScience Corporation

Market Scenario:

Agriculture biologicals are produced from organic sources such as agricultural waste, manure, biological matter, and microorganisms. They offer excellent properties such as stimulating soil microbial function, activating plant physiology, and adjusting nutrients and pH. These natural fertilizers are a favorable substitute for chemical fertilizers, which protect crops from rodents, pests, and plant diseases.

The global agricultural biologicals market has been segmented on the basis of type, source, mode of application, application, and region. By type, the global agricultural biologicals market has been classified into biopesticides, biofertilizers, bio-stimulants, and others. Among these, the biopesticides segment led the agricultural biologicals market in 2017 owing to the rising innovations in biopesticides, cost-effectiveness, and improved yield of harvest. Biopesticides act only on the target pest and don’t affect the fertility of the soil. The bio-fertilizers segment is projected to grow at a robust CAGR in the coming years due to its enhanced fertility and safe nature when compared to chemical fertilizers, such as urea.

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TABLE OF CONTENTS

1. Executive Summary

2. Market Introduction

2.1 Market Definition

2.2 Scope Of The Study

2.3 List Of Assumptions

2.4 Markets Structure

3. Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

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geographical Insight:

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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This release was published on openPR.