Agricultural Biologicals Market is predicted to thrive at a CAGR of 12.85% over the period of 2018 to 2024
Agricultural biological are beneficial crop production and protection tools that are derived from natural materials, contain them, or use naturally occurring processes. They are used for benefitting the crop production and are derived from the natural ingredients like weeds, diseases, and pests. It is a process of eco-friendly farming without the use of chemical pesticides, and fertilizers. It is based on crop rotation, recycling of animal manure, green manure, and crop residues. It is an economical and ecologically sustainable agricultural production system. Agricultural biological promotes safe products for crop treatment. Rise in the cost of pesticides, fertilizers, and an increase in global population is growing the demand of the agricultural biological market.
The agricultural biological is segmented by Type, by Application, by Source, and geography. Segmentation by Type is by Bio-fertilizers, Bio-pesticides, and Bio-stimulants. Segmentation on the basis of Application is by Soil Treatment, Seed Treatment, and Foliar Sprays. Segmentation on the basis of Source is by Biochemicals, Microbials, and others.
By geography, the agricultural biological market has been segmented as Americas, Europe, the Middle East and Africa, and the Asia Pacific. The Europe market is projected to hold the dominating share in the market due to increasing demand for organic products, adoption of modern technology, improved quality outcomes, increased yield and productivity. Asia Pacific region is anticipated to witness the fastest market growth due to government initiatives for promoting a better environment and growing population in the region.
Some of the major players covered as part of the report Biolchim, Marrone Bio innovation, BASF, ValentBioSciences, Syngenta, Isagro, ArystaLifeScience, Koppert, Novozyme A/S and Certis USA LLC.among others.
This report segmented the Agricultural Biologicals market on the basis following terms:
o By Type
o By Application
o Soil Treatment
o Seed Treatment
o Foliar Sprays
o By Source
o By Geography
o North America
o United States
o South America
o Middle East and Africa
o Saudi Arabia
o Asia Pacific
o South Korea
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