Meticulous Research® Publishes Comprehensive Report on the Global Agricultural Biologicals Market

Meticulous Research®, a premier global market research firm, is excited to announce the release of its latest report titled "Agricultural Biologicals Market by Product Type (Biopesticides, Biostimulants, Biofertilizers), Source (Microbial, Biochemical), Formulation (Liquid), Mode of Application (Seed Treatment), Crop Type (Fruits & Vegetables), and Geography - Forecast to 2029."

In this detailed analysis, Meticulous Research® projects that the global agricultural biologicals market is set to grow at a Compound Annual Growth Rate (CAGR) of 12.2% from 2022 to 2029, reaching a market size of $20.81 billion by 2029. Key drivers of this market growth include the rising popularity of organic farming, increasing demand for organic food products, heightened awareness of environmental sustainability, proactive government initiatives, and significant investments from leading industry players. Conversely, challenges such as limited awareness and education among farmers and barriers for new entrants may temper market expansion.

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Key Findings and Market Insights:

Historical and Forecast Data: The report provides market values for 2020 and 2021, estimates for 2022, and projections through 2029.
Market Segmentation: Analysis is presented across various segments including product type (biopesticides, biofertilizers, and biostimulants), source (microbial, biochemical, and others), formulation (liquid and dry), application methods (foliar spray, soil treatment, seed treatment, and others), and crop types (fruits & vegetables, cereals & grains, oilseeds & pulses, and others).

Geographical Analysis: Comprehensive evaluations are provided for key regions including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The report highlights rapid market growth in Latin America, driven by increasing food demand, the popularity of organic products, environmental concerns regarding agrochemicals, and the need for higher agricultural productivity.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/agricultural-biologicals-market-5314

Segment Highlights:

Product Type: In 2022, biopesticides are expected to dominate the market due to increased investments by crop protection companies, growing environmental awareness, and the benefits of higher crop quality and yield.

Source: Microbial products are forecasted to exhibit rapid growth, favored for their natural composition and suitability for organic, residue-free food production.

Formulation: Liquid biologicals are anticipated to lead the market, attributed to their ease of application, superior performance, and longer effectiveness compared to dry formulations.

Mode of Application: Seed treatment is projected to experience rapid growth, driven by improved nutrient availability, enhanced plant growth, and pathogen protection.
Crop Type: The fruits and vegetables segment is predicted to hold the largest market share, propelled by rising production and demand for organic produce.
Competitive Landscape:

The report features an in-depth analysis of key market players, including Bayer AG (Germany), Koppert B.V. (Netherlands), Marrone Bio Innovations (U.S.), FMC Corporation (U.S.), Gowan Company LLC (U.S.), and many others.

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Key Questions Addressed in the Report:

What are the high-growth market segments by product type, source, formulation, application, crop type, and region/country?
What were the historical market sizes for agricultural biologicals globally?
What are the market forecasts and estimates for 2022-2029?
What are the major drivers, restraints, opportunities, and trends influencing the global agricultural biologicals market?
Who are the major players in this market, and what is the competitive landscape?
What recent developments have occurred in the global agricultural biologicals market?
What are the geographical trends and high-growth regions?
Who are the local emerging players, and how do they compete with global players?
For further information and to download a free sample report, please visit here.

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Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

This release was published on openPR.