Inoculants Market Size to Reach USD 1,684.41 million by 2028.| Key Players: BASF SE, Bayer AG, Novozymes

Data Bridge Market Research analyses that the inoculants market will project a compound annual growth rate (CAGR) of 7.78% during the forecast period of 2021-2028 and is expected to reach the USD 1,684.41 million by 2028.

Inoculants are a mixture of microorganisms that boost soil fertility and health. It's also known as microbial inoculants, and it helps improve the nutritional condition of the host plant while reducing the requirement for fertiliser inputs. Beneficial microbes such as fungus, bacteria, algae and protozoa are found in inoculants, which boost plant growth and aid to control pests and illnesses. The bacteria in the inoculants are extremely beneficial to plant development, as well as stimulating and benefiting other organisms and insects that aid in plant growth. Inoculants are used to increase plant nutrition and can also be utilized to promote plant growth by boosting the synthesis of plant hormones.

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The rise in the preferences towards the organic and environment-friendly farming practices and growing environmental concerns associated with the usage of fertilizers and pesticides are the major factors attributable to the growth of inoculants market. Also, growing demand for organically produced goods amongst consumers across the globe, rising awareness about crop health, upsurge in the adoption rate of advanced farming practices and growing demand for more productivity will cushion the growth rate of the inoculants market.

Moreover, the increasing rate of livestock industry and growing utilization of silage as feedstock for biofuel production will further create lucrative and remunerative growth opportunities for the inoculants market.

Competitive Landscape and Global Inoculants Market Share Analysis

The inoculants market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to inoculants market.

Key Market Competitors Covered in the report
BASF SE
Bayer AG
Novozymes
Verdesian Life Sciences
ABM ADVANCED BIOLOGICAL MARKETING
BRETTYOUNG
Precision Laboratories, LLC
Queensland Agricultural Seeds
TerraMax, Inc.
XiteBio Technologies Inc.
Chr. Hansen Holding A/S
Lallemand Inc.
Kemin Industries, Inc.
Provita Supplements GmbH
Corteva
MBFi
Cargill, Incorporated
TerraMax, Inc.
BIOMIN Holding GmbH
ADM

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However, the lack of awareness about inoculants among farmers in developing nations and lower shelf life of agricultural inoculants are the major factors that will hinder the growth of the inoculants market. Also, poor infrastructure and silage losses due to fungi and mycotoxin will further challenge the inoculants market growth rate.

This inoculants market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on inoculants market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Inoculants Market Scope and Market Size

The inoculants market is segmented on the basis of type, microbe and crop type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Based on the type, the inoculants market is segmented into agricultural inoculants and silage inoculants. Agricultural inoculants have been further segmented into biocontrol agents, plant-growth-promoting microorganisms, and plant resistance stimulants. Silage inoculants have been further segmented into homofermentative, and heteofermentative.

Based on the microbe, the inoculants market is segmented into bacterial, fungal and other sources. Bacterial has been further segmented into mode of action, and types of bacterial sources. Mode of action has been divided into sequestering iron, phosphate solubilization, nitrogen fixation, and modulating phytohormone levels. Types of bacterial sources have been divided into phosphobacteria, rhizobacteria, lactobacillus, azotobacter, pediococcus, enterococcus, and other bacterial sources. Fungal has been further segmented into mycorrhiza, trichoderma Spp., and other fungal sources. Other sources have been further segmented into azospirillum, bacillus, and pseudomonas putida.

On the basis of crop type, the inoculants market is segmented into cereals and grains, oilseeds and pulses, fruits and vegetables, forage and others.

Inoculants Market Country Level Analysis

The global inoculants market is analyses and market size, volume information is provided by country, type, microbe and crop type as referenced above.

The countries covered in the inoculants market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).

Asia-Pacific region dominates the inoculants market and will continue to flourish its dominance during the forecast period owing to the growing demand for various food products in emerging countries and rising industrialization for the production of livestock this region. North America is expected to grow during the forecast period of 2021-2028 due to the surge in the adoption rate of modern technologies for better crop yield and productivity in this region.

Why buy this report?

The report offers a comprehensive evaluation of the Global Inoculants Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.

The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.

The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.

The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.

The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

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Related Reports:

Global Agricultural Inoculants Market - Industry Trends and Forecast to 2029 https://www.databridgemarketresearch.com/reports/global-agricultural-inoculants-market
Global Silage Inoculants Market - Industry Trends and Forecast to 2027 https://www.databridgemarketresearch.com/reports/global-silage-inoculants-market
Global Microbial Agricultural Inoculants Market - Industry Trends and Forecast to 2029https://www.databridgemarketresearch.com/reports/global-microbial-agricultural-inoculants-market
Global Bacterial Inoculants Market - Industry Trends and Forecast to 2028 https://www.databridgemarketresearch.com/reports/global-bacterial-inoculants-market
Global Fungal Inoculants Market - Industry Trends and Forecast to 2028 https://www.databridgemarketresearch.com/reports/global-fungal-inoculants-market
Global Microbial Inoculants Market - Industry Trends and Forecast to 2029 https://www.databridgemarketresearch.com/reports/global-microbial-inoculants-market

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