Agricultural Biologics Market Segments, Opportunity, Growth And Forecast By End-Use Industry 2023-2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Agricultural Biologics Global Market Report 2023 identifies increasing incidences of pest outbreaks as the major driver for the Agricultural Biologics market's growth in the forecast period. 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.

The global agricultural biologics market size grew from $10.52 billion in 2022 to $12.11 billion in 2023 at a compound annual growth rate (CAGR) of 15.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global agricultural biologics is expected to grow to $21.07 billion in 2027 at a CAGR of 14.8%.

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Major competitors in the Agricultural Biologics market are Syngenta AG, The Dow Chemical Company, Bayer AG, BASF SE, Isagro Company, Marrone Bio Innovations, Koppert Biological Systems, Novozymes A/S.

A key trend in the Agricultural Biologics market includes Strategic collaboration and partnerships. Strategic collaboration is increasingly being done among market players to develop and commercialize agricultural biological products for the betterment of growers and each other businesses.

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The Agricultural Biologics market is segmented -
1) By Type: Biopesticides, Biofertilizers, Biostimulants
2) By Source: Microbials, Macrobials, Biochemicals, Other Sources
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, Other Applications

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Agricultural Biologics market.

The Business Research Company's "Global Agricultural Biologics Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Agricultural Biologics Market Include:
1. Executive Summary
2. Agricultural Biologics Market Characteristics
3. Agricultural Biologics Market Trends And Strategies
4. Agricultural Biologics Market - Macro Economic Scenario
5. Agricultural Biologics Market Size And Growth
……
27. Agricultural Biologics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Agricultural Biologics Market
29. Agricultural Biologics Market Future Outlook And Potential Analysis
30. Appendix

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