Agricultural Biologicals Market Size, Share & Growth Trends by 2027

Agricultural biologicals market registered the revenue of USD 24.6 billion towards the end of 2027, at a CAGR of 13.7%. The global market was valued USD 12.9 billion in 2022.

The global market for agricultural biologicals is currently dominated by North America and Europe, primarily due to the adoption of advanced agricultural technologies and organic farming practices in these regions. However, there has been a significant increase in demand for agricultural biological products in developing countries, particularly in the Asia Pacific and South America regions. This is mainly attributed to the stringent regulatory frameworks regarding maximum residue levels (MRL), the banning of chemical pesticides, the increasing cost of agricultural inputs such as seeds, and the decrease in the proportion of cultivable land. The growth of the biologicals market is also driven by the adoption of genetically modified (GM) seeds and integrated pest management (IPM) practices.

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The Biocontrol segment, which involves the use of biocontrol methods in integrated pest management programs, is expected to achieve the fastest growth in the agricultural biologicals market. Biological control is an essential component of an IPM strategy, and the increasing popularity of biopesticides in crop protection compared to their synthetic counterparts is due to their lower development costs, suitability for sustainable agriculture, and effectiveness as an additional tool to manage resistance in IPM schemes.

By product type, the microbial segment is estimated to account for the largest market share in the agricultural biologicals market. This is due to the ability of microbial biological control agents (MBCAs) to increase nutrient availability in the soil and enhance plant yield. MBCAs work in various ways to biologically control plant pathogens in crops, including interacting with plants via inducing resistance or priming plants, or modulating pathogen growth conditions through nutritional competition or other methods.

The foliar segment, which involves the use of foliar sprays, is estimated to account for the largest market share of the agricultural biologicals market over the forecast period. Foliar sprays are widely accepted by farmers in both developing and developed countries due to their ease of use and non-technicality, as well as their lower cost compared to soil and seed treatments.

The fruits and vegetables segment is expected to observe the fastest market growth in the agricultural biologicals market during the forecast period. This is because most companies offer biological solutions for vegetable crops, such as tomatoes, cabbage, pumpkin, cucumber, and bitter gourd. The production of vegetables has grown significantly on a per capita basis, with a nearly 60% increase in the last 20 years, and accounts for nearly 12% of the total area and 14% of the total production globally, according to the FAO's Statistical Yearbook of Food & Agriculture Organization.

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North America is expected to be the largest market for agricultural biologicals due to the increasing adoption of these products in the agricultural sector for fields, vegetables, and fruit crops. Governments in the region have made the registration of biopesticides more efficient through the development of modified test methodologies and clear guidance documents, enabling key companies to develop and register new products before commercialization.

The key market players in the agricultural biologicals market include BASF, Syngenta, Bayer AG, UPL, Marrone Bio Innovation, Inc, Gowan Company, Vegalab SA, Lallemand Inc, Valent Bioscience, Koppert Biologicals System, Biovert S.L., Trade Corporation International, Stockton Bio AG, Biolchim SPA, and Rhizobacter. These companies are focusing on increasing their presence through agreements and collaborations, and have a strong presence in North America, Asia Pacific, and Europe, with manufacturing facilities and strong distribution networks across these regions.

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