Press release
Agricultural Inoculants Market Outlook, Segments, Business Strategies, Development Factors and Forecast 2022-2027
Agricultural Inoculants Market
An agricultural inoculant, also called soil inoculant, represents a formulation of several microbial organisms, such as fungi, bacteria, protozoa, virus, algae, etc., that are used to promote plant growth. It is usually either applied on the seed or added into the soil to enhance plant nutrition, as well as crop yield and prevent soil-borne diseases. In line with this, an agriculture inoculant is extensively utilized to promote growth in plants by stimulating the production of plant hormones and enhancing mineral uptake. It is environment-friendly and can be widely used as a potential alternative to chemical fertilizers and pesticides for oilseeds, fruits, cereals, grains, vegetables, silage, forage crops, etc.
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Global Agricultural Inoculants Market Trends:
The widespread adoption of organic farming practices is primarily driving the agriculture inoculants market. Additionally, the rising consumer awareness towards the adverse effects of chemically synthesized fertilizers and pesticides that are known to cause soil pollution, microbial imbalance, reduce the levels of biocontrol agents in the soil, etc., is further catalyzing the market growth. Besides this, the escalating demand for agricultural inoculants that offer natural protection to the plants and soil is acting as another significant growth-inducing factor. Moreover, the limited availability of cultivable land, continuous innovations in the field of agricultural sciences, and the launch of various favorable policies by government bodies are positively influencing the global market. Apart from this, the expanding agriculture industry and the growing utilization of these inoculants that provide sustainability, soil health, environmental safety, etc., are also bolstering the market growth. Furthermore, extensive investments in R&D activities are anticipated to fuel the agriculture inoculants market over the forecasted period.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
• Advanced Biological Marketing Inc.
• BASF SE
• Dow Chemical Company
• Bayer Crop Science
• Brettyoung
• Novozymes A/S
• Verdesian Life Sciences LLC
• XiteBio Technologies Inc.
• Precision Laboratories LLC
Agricultural Inoculants Market Segmentation:
Our report has categorized the market based on region, type, microbes, mode of application, form and crop type.
Breakup by Type:
• Plant Growth Promoting Microorganisms
• Bio-Control Agents
• Plant-Resistant Stimulants
• Others
Breakup by Microbes:
• Bacteria
o Rhizobacteria
o Nitrogen-fixing Bacteria
o Phosphate-solubilizing Bacteria
o Others
• Fungi
o Trichoderma Spp.
o Mycorrhiza
o Others
• Others
Breakup by Mode of Application:
• Seed Inoculation
• Soil Inoculation
• Others
Breakup by Form:
• Solid
• Liquid
• Granular
• Others
Breakup by Crop Type:
• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
• Market Performance (2016-2020)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
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