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Agricultural Biologicals Market Analysis, Growth, Share, Trends, & Forecast to 2022

08-27-2019 11:21 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets™

Agricultural Biologicals Market

Agricultural Biologicals Market

The report "Agricultural Biologicals Market by Type (Biopesticides, Biofertilizers, and Biostimulants), Source (Microbials and Biochemicals), Mode of Application (Foliar Spray, Soil Treatment, and Seed Treatment), Application, and Region - Global Forecast to 2022", The agricultural biologicals market is projected to be USD 12.86 Billion by 2022, at a CAGR of 13.77% from USD 6.75 Billion in 2017. As agricultural biologicals ensure low residue load and have an effective action against the targeted pests, these aspects are expected to reduce environmental and health risks to the applicators, and in turn, are projected to have a strong influence on fruits & vegetables in the next five years.

The years considered for the study are as follows:

1. Base year – 2016
2. Estimated year – 2017
3. Projected year – 2022
4. Forecast period – 2017 to 2022

The objectives of the report:

1. Determining and projecting the size of the agricultural biologicals market with respect to their type, source, application, mode of application, and regional markets, over a five-year period ranging from 2017 to 2022
2. Identifying attractive opportunities in the market by determining the largest and fastest-growing segments across regions
3. Analyzing the demand-side factors on the basis of the following:
4. Impact of macro- and micro-economic factors on the market
5. Shifts in demand patterns across different subsegments and regions

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Biopesticides segment estimated to dominate the market with the largest share in 2017

The biopesticides segment is estimated to be the largest type of agricultural biologicals in 2017. The product portfolios of major companies involved in the pesticides industry have focused on the development of bioinsecticides and biofungicides. Some key companies have been entering into R&D agreements to develop innovative biopesticide products for seed treatment; this segment thus occupied the largest share.

Microbials segment is projected to be the fastest-growing market during the forecast period

The microbials segment is projected to grow at the highest CAGR during the forecast period due to the wide use of beneficial microorganisms to help reduce the usage of synthetic fertilizers and chemical pesticides, thereby reducing investment costs of farmers. Microbials also provide essential benefits to crops in terms of efficiency and productivity.

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North American region is estimated to dominate the market in 2017

Decline in trend of the usage of synthetic pesticides and fertilizers in North America for its harmful effects on the environment and increase in the application of integrated pest management are the factors fueling the demand for agricultural biologicals in North America.

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It also includes the profiles of leading companies such as Bayer (Germany), Syngenta (Switzerland), Monsanto BioAG (US), BASF (Germany), and DowDuPont (US).

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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