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Agricultural Biologics Market Exploring Future Growth 2022-2031 And Key Players: Syngenta AG, The Dow Chemical Company, Bayer AG, BASF SE, Isagro Company
The global agricultural biologics market report by the business research company identifies increasing incidences of pest outbreaks contributed to the growth of the agricultural biological market to be a major growth driver for the agricultural biologics market. Pest outbreaks refer to an increasing sporadic and large population of pests that are economically harmful to crops and human beings. Due to pest outbreaks, the threats to crops cause 10-40% losses to major food crops such as corn, wheat, and rice cost to the global economy. The pests cause damage to crops and significantly impair growers' productivity and destroy cropland. For instance, in August 2020, an article published by BBC, a UK based broadcasting company included a locust invasion that swept over farms in rural Kenya, Ethiopia, Uganda, Somalia, Eritrea, India, Pakistan, Iran, Yemen, Oman, and Saudi Arabia which estimated a loss of $2.5 billion in crop damage. Hence, increasing pest outbreaks drove the agriculture biological market.The global agricultural biologicals market size is expected to grow from $8.97 billion in 2021 to $10.39 billion in 2022 at a compound annual growth rate (CAGR) of 15.88%. The global agricultural biological market size is expected to reach $17.38 billion in 2026 at a CAGR of 13.73%.
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North America was the largest region in the agricultural biologicals market in 2021. The regions covered in the global agricultural biologicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the organic food market are Syngenta AG, The Dow Chemical Company, Bayer AG, BASF SE, Isagro Company, Marrone Bio Innovations, Koppert Biological Systems, Novozymes A/S, Gowan Company LLC, Vegalab SA, Lallemand Inc, Valent Bioscience, T Stanes & Co Limited, Arysta LifeScience, and Camson Bio Technologies.
The global agricultural biologics market is segmented -
1) By Type: Biopesticides, Biofertilizers, Biostimulants
2) By Source: Microbials, Macrobials, Biochemicals, Others
3) By Mode of Application: Foliar Spray, Soil Treatment, Seed Treatment, Post-Harvest
4) By Application: Cereals and Grains, Oilseed and Pulses, Fruits and Vegetables, Turf and Ornamentals, Others
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The Agricultural Biologics Market Report Contents Include
1. Executive Summary
2. Agricultural Biologicals Market Characteristics
3. Agricultural Biologicals Market Trends And Strategies
4. Impact Of COVID-19 On Agricultural Biologicals
5. Agricultural Biologicals Market Size And Growth
....
28. Key Mergers And Acquisitions In The Agricultural Biologicals Market
29. Agricultural Biologicals Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the agricultural biologics market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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