Agricultural Biologicals Market Is Expected To See Huge Growth Globally By 2031 | BASF SE, Bayer AG, Isagro, Marrone Bio Innovations Inc.

New York, According to a new market research report published by Global Insight Services Agricultural Biologicals Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Agricultural biologicals are products that are used to improve plant growth or yield, or to protect plants from pests. Biologicals can be either living organisms, such as bacteria or fungi, or products derived from living organisms, such as enzymes or hormones. Biologicals are used in a variety of ways, including as seed treatments, foliar sprays, and soil amendments.

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Key Trends

There are a few key trends in Agricultural Biologicals technology:

1. The use of biopesticides and biocontrol agents is on the rise. This is due to the growing awareness of the harmful effects of chemical pesticides and the need for more sustainable and environmentally friendly solutions.

2. The development of new and more effective biological control agents is a major focus of research and development in this field.

3. The use of genetically modified organisms (GMOs) is also becoming more common in agriculture. This is because GMOs can provide resistance to pests and diseases, and can also improve crop yields.

4. There is also a trend towards the use of more natural and organic methods in agriculture. This includes the use of compost, manure and other organic materials to fertilize crops, and the use of natural predators to control pests.

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Key Drivers

Agricultural biologicals are products derived from living organisms that are used to improve crop productivity and quality. They include a wide range of products, such as microorganisms, enzymes, plant extracts, and animal-derived products.

The key drivers of the agricultural biologicals market include the increasing demand for organic food, the need for sustainable agriculture, and the growing awareness of the benefits of these products. Other factors that are driving the market growth include the government support for the use of agricultural biologicals, the increasing investments in research and development, and the favourable regulations in some countries.

Restraints & Challenges

The key restraints and challenges in Agricultural Biologicals market are mostly due to the lack of awareness and understanding about the potential benefits of using agricultural biologicals. In addition, the high cost of these products and the need for specialized application equipment are also major challenges in the market.

Market Segmentation
Based on Product type

Microbials
Macrobials
Semi chemicals
Natural Products

Based on the Mode of Application

Foliar spray
Soil treatment
Seed treatment

Key Players

The key players in the market are Agri Life, Agrinos Inc., Arysta LifeScience Corporation (UPL Limited), BASF SE, Bayer AG, Isagro (PI Industries), Marrone Bio Innovations Inc., Novozymes A/S, Syngenta AG and The Dow Chemical Company .

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Reasons to buy Agricultural Biologicals Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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