Press release
Agricultural Microbials Market Current Insight with Future Aspect Analysis 2029 | Bayer Cropscience, Novozymes, BASF, Sumitomo Chemical
"Market Insights Reports That Adds Flavour To Your Success"The Global Agricultural Microbials Market Size, Scope, and Forecast 2023-2029 report has been added to the Market research collection of Market Insights Reports. Industry experts and researchers have offered an authoritative and concise analysis of the Agricultural Microbials Market with respect to various aspects such as growth factors, challenges, restraints, developments, and opportunities for growth. This report provides a pin-point analysis of changing dynamics and emerging trends in the Agricultural Microbials Market. Additionally, it provides a futuristic perspective on various factors that are likely to fuel the growth of the Worldwide Agricultural Microbials Market in the coming years.
In 2021, the market for agricultural microbes was estimated to be worth USD 5.27 billion. The market is anticipated to expand at a CAGR of 14.84% from 2022 to 2029, rising from USD 6.00 billion in 2022 to USD 15.71 billion. The COVID-19 pandemic has had an unprecedented and staggering impact on the world, and demand for agricultural microbes has been lower than anticipated in all regions compared to pre-pandemic levels. According to our research, the global market grew by 8.70% in 2020 compared to 2019.
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Some of the key players profiled in the study are Bayer Cropscience, Novozymes, BASF, Sumitomo Chemical, DOW Agrosciences, Syngenta, Arysta Lifescience, Certis, Koppert, Gujarat State Fertilizers & Chemicals Ltd. (GSFC) and other Prominent players.
KEY INDUSTRY DEVELOPMENTS:
April 2022: Bayer CropScience signed an agreement with Ginkgo Bioworks wherein Ginkgo Bioworks would acquire Bayer's West Sacramento Biologics Research & Development site and internal discovery and lead optimization platform. This agreement is likely to accelerate the expansion of Bayer's diversified portfolio of high-quality microbial-based solutions for growers worldwide.
Competition is an important issue in any market research analysis. With the help of the competitive analysis provided in the report, players can easily study the key strategies employed by leading players in the Agricultural Microbials market. The major and emerging players of the Agricultural Microbials Market are closely studied considering their market share, production, sales, revenue growth, gross margin, product portfolio, and other important factors. This will help players familiarize themselves with the movements of their toughest competitors in the Agricultural Microbials market.
The segmental analysis section of the report includes a thorough research study on key type and application segments of the Agricultural Microbials market
Agricultural Microbials Market (By Types)
Bacterial
Fungal Microbials
Composite Microbials
Others
Agricultural Microbials Market (By Application)
Seed
Soil
Others
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If opting for the Global version of Agricultural Microbials Market; then the below country analysis would be included:
- North America (North America accounted for the largest agricultural microbials market share and stood at USD 2.09 billion in 2021. This factor is due to farmers' increasing awareness about the environmental benefits of such microbials and the rising adoption of organic farming practices. The region promotes the utilization of microbes by enabling policy and regulatory frameworks. Agencies, such as the National Science Foundation (NSF) and the U.S. Department of Agriculture (USDA), encourage research and development activities to achieve microbial diversity and provide long-term availability of plant-associated microbes. )
- Europe (Europe is projected to account for the second-largest market share during the forecast period. Stringent regulations and harmful effects of synthetic chemicals have shifted toward microbials, which is expected to drive the market. The rapid expansion of organic farming in Germany, Italy, Denmark, and Spain has led to increasing utilization of biopesticides and biofertilizers.)
- Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia, and the Rest of APAC)
- South America (Brazil, Argentina, Chile, Colombia, the Rest of the countries, etc.)
- the Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
Important years considered in the Agricultural Microbials study:
Historical year - 2017-2021;
Base year - 2022;
Forecast period** - 2023 to 2029 [** unless otherwise stated]
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Table of Contents:
Introduction of the Global Agricultural Microbials Market
- Overview of the Market
- Scope of Report
- Assumptions
Executive Summary
Research Methodology of Market Insights Reports
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
Global Agricultural Microbials Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
Global Agricultural Microbials Market, By Product
Global Agricultural Microbials Market, By Application
Global Agricultural Microbials Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
Agricultural Microbials Manufacturing Cost Analysis
Global Agricultural Microbials Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Company Profiles
Appendix
Reasons to Procure this Report:
The research would help top administration/policymakers/professionals/product advancements/sales managers and stakeholders in this market in the following ways.
The report provides Agricultural Microbials market revenues at the worldwide, regional, and country levels with a complete analysis to 2029 permitting companies to analyze their market share and analyze projections, and find new markets to aim for.
The research includes the Agricultural Microbials market split by different types, applications, technologies, and end-uses. This segmentation helps leaders plan their products and finances based on the upcoming development rates of each segment.
Agricultural Microbials market analysis benefits investors by knowing the scope and position of the market giving them information on key drivers, challenges, restraints, and expansion chances of the market and moderate threats.
This report would help to understand competition better with a detailed analysis and key strategies of their competitors and plan their position in the business.
The study helps evaluate Agricultural Microbials business predictions by region, key countries, and top companies' information to channel their investments.
What is new in 2023?
- Major developments that can change the business landscape as well as market forecasts.
- Addition/refinement in segmentation-Increase in depth or width of segmentation of the market.
- Coverage of new market players and change in the market share of existing players of the Agricultural Microbials market.
- Updated financial information and product portfolios of players operating in the Agricultural Microbials market.
- Updated market developments of the profiled players.
- Any new data points/analysis (frameworks) which was not present in the previous version of the report
The new edition of the report consists of trends/disruptions on customer's business, tariff and regulatory landscape, pricing analysis, and a market ecosystem map to enable a better understanding of the market dynamics for Agricultural Microbials.
Customization services available with the report:
-20% customization.
-Five Countries can be added as per your choice.
-Five Companies can added as per your choice.
- customization upto 40 hours.
-Post-sales support for 1 year from the date of delivery.
About Us:
Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.
Contact:
Market Insights Reports
Irfan Tamboli (Head of Sales)
Phone: +1704 266 3234 | +91-750-707-8687
irfan@marketinsightsreports.com | sales@markeinsightsreports.com
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