Agriculture Microbials Market 2021-2027 Growth Demand, COVID-19 Impact Analysis And Future Challenges

Precision Business Insights published a research report on “Agricultural Microbials Market by Type (Bacteria, Fungi, Virus, and Protozoa), Function (Soil Amendment and Crop Protection), Crop Type (Cereals & Grains, Oilseed & Pulses, and Fruits & Vegetables), Mode of Application (Seed treatment, Soil treatment, Foliar), Formulation, and by Geography - Global/Region/Country Forecast to 2027".

Agricultural microbials are microorganisms such as bacteria, fungus, and viruses that aid in agricultural operations such as crop cultivation and soil enhancement. Microbes are a key constituent in a variety of biostimulants that assist increase crop production. They have recently gained popularity as a viable alternative to synthetic agrochemicals. They also exhibit functional excellence that promotes crop growth by boosting nutrient absorption and promoting soil fertility by balancing the soil microbiota. As a result, several governments and market participants are putting more effort into marketing these bacteria as sustainable biochemicals. Farmers' rising awareness and branding are projected to help to the market's development.

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The need for crop intensification and pursuing increased sustainable methods, finding biological options to boost productivity with less environmental impact, or adding to integrated practices to close the crop yields are all creating a market for microbial. Farmers are being pushed to use more improved agricultural systems as urbanization and the quantity of arable land decrease. Aside from the numerous advantages of agricultural microbes, they are known to have lower widespread adoption versus synthetic chemicals. This is frequently due to a lack of understanding and limited commercialization of biologicals. In addition, there are significant issues associated with the usage of microorganisms and the manner in which they are applied. These issues will stifle the market's expansion. In addition to this, the need to feed an ever-increasing worldwide population, as well as the increasing emphasis on sustainable farming techniques, is one of the leading drivers for the Agricultural Microbials Market, as is public concerned about the environmental safety.

The Global Agricultural Microbials Market is fragmented in terms of Crop Type, Type, Function, Mode Of Application, Formulation, and Geography. In terms of Type, the market is fragmented into Protozoa, Bacteria, Fungi, and Viruses. In terms of Crop Type, the market is classified into Pulses and Oilseeds, Grains and Cereals, Vegetables and Pulses, and Others. In terms of Function, the market is divided into Soil Amendment and Crop Protection. On the basis of Formulation, the market is categorized into Dry and Liquid. In terms of Mode of Application, the market is divided into Soil Treatment, Seed Treatment, and Foliar Spray.
The United States has accounted for more than half of the regional share of the market in the year 2020, with North America having the greatest share of the market. The demand for high-quality crop productivity as a result of changing agricultural techniques, and precision agriculture has fueled the expansion of the agriculture microbial products market in North America over the past. The region is pushing the use of microbial products that help to balance the agricultural sector's expansion, which is now dominated by the use of chemical fertilizers and pesticides to keep large-scale production going.

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There are some major players working in agriculture microbials market, which include BASF SE (Germany), The Dow Chemical Company (U.S.), Novozymes A/S (Denmark), Sumitomo Corporation (Japan), Bayer CropScience AG (Germany), Wilbur Holdings, Inc. (U.S.), Ginkgo Bioworks (U.S.), Syngenta AG (Switzerland), Inocucor technologies Inc. (U.S.), Axter Agroscience Inc. (Canada), and Koppert B.V. (Netherlands) to name a few.

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