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Agricultural Biologics Market Analysis, Applications, Sale, Growth, Trends By 2033
The Business Research Company presents an extensive market research report on the "" Agricultural Biologics Global Market Report 2024,"" furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the agricultural biologicals industry. This report on agricultural biologicals market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The agricultural biologics market size has grown rapidly in recent years. It will grow from $12.39 billion in 2023 to $14.41 billion in 2024 at a compound annual growth rate (CAGR) of 16.3%. The growth in the historic period can be attributed to rise in organic farming, rise in awareness of the environmental impact of chemical pesticides and fertilizers, growth in global population, emerging growth in economies. the agricultural biologics market size is expected to see rapid growth in the next few years. It will grow to $25.66 billion in 2028 at a compound annual growth rate (CAGR) of 15.5%.
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Key Market Players:
Syngenta AG, Dow Chemical Company, Bayer AG, BASF SE, Isagro SPA, Corteva Inc., Marrone Bio Innovations Inc., Certis Group, Valent BioSciences Corp., BioWorks Inc., Andermatt Biocontrol AG, Koppert Biological Corp., Biowin AG, Verdesian Life Sciences LLC, Vestaron Corporation, Novozymes Biologicals AS, Gowan Company, AgBiome Inc., Sipcam Agro USA, Inocucor Technologies Inc., Biobest Group NV, NewLeaf Symbiotics Inc., Indigo Agriculture, Azotic Technologies, Lallemand Plant Care, Terramera Inc., FMC Corporation, Isagro Asia Pvt. Ltd., BioConsortia Inc., Valent USA LLC
Market Drivers:
According to the Agricultural biologicals Market Report 2024 by The Business Research Company, Growing investments in research and development is expected to propel the growth of the growing investments in research and development market. Investments in research and development involve allocating funds to advance innovation and develop new products or technologies. Investments in research and development help with the development and improvement of agricultural biologics, this can help to develop new and improved biological products, improve the quality and consistency of biological products, and reduce the cost of biological products.
More information about the Global Agricultural biologicals Market Report -
https://www.thebusinessresearchcompany.com/report/agricultural-biologics-global-market-report
Market segments for agricultural biologicals include:
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
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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