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Agricultural Biologicals Market Valued at US$ 10.83 Billion in 2023, Projected to Grow at a 13% CAGR, Reaching Nearly US$ 25.49 Billion by 2030

08-21-2024 10:19 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: STELLAR MARKET RESEARCH

Agricultural Biologicals Market

Agricultural Biologicals Market

Anticipated Growth in Revenue:

Agricultural Biologicals Market size was valued at US$ 10.83 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 13% through 2024 to 2030, reaching nearly US$ 25.49 Bn.

Agricultural Biologicals Market Overview:

Agricultural biologicals (or biologics) are beneficial tools for planting, growing, and protecting crops that are most often made from living organisms, derived from natural materials, or produced by naturally occurring processes. The agricultural biologicals market is growing due to the need for new innovations to meet the food needs of a growing global population, an increasing demand for agricultural sustainability, consumer interest in organic products, weed and insect resistance to agricultural chemicals, and concerns about the environmental impacts of current agricultural practises. Agricultural biologicals offer a solution to these problems, as well as a sustainable, "green" solution to the problem of growing enough crops to meet rising demand for food and fuel.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐Ž๐ฎ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/Agricultural-Biologicals-Market/344

What are Agricultural Biologicals Market Dynamics?

Herbicides, fungicides, and insecticides are examples of Plant Protection Products (PPP) that are damaging to human health and the environment. Various items were withdrawn from the market as a result of the adoption of safety standards, either because they were outlawed or because their reinstatement in the market was not supported during the re-registration process. In the United States, synthetic plant protection agents such as Dinoseb, Chloramben, Methyl parathion, and Toxaphene have been banned. Similarly, the number of active compounds authorized in the European Union has decreased due to tight regulatory criteria and sophisticated technical guidance methods for risk evaluation. Between 2013 and 2015, some European countries prohibited neonicotinoid pesticides, encouraging the adoption of agricultural biologicals. This is the major key factor that is expected to drive the growth of the agricultural biologicals market during the forecast period 2021-2027.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž:https://www.stellarmr.com/report/req_sample/Agricultural-Biologicals-Market/344

What is Agricultural Biologicals Market Regional Insight?

According to the Agricultural Statistics Service of the United States Department of Agriculture, there were over 1,400 recognised organic farms in the United States in 2016. In addition, biological fertilisers were applied to approximately 3,454,441 acres of land in 2017. In 2016, organic fruit and vegetable exports were USD 548 million. As a result, the growing demand for organic crops is driving up demand for biological products in the country. The US Environmental Protection Agency (EPA), which is responsible for pesticide regulation in the US, has made the registration of biopesticide products more efficient by developing modified test methodologies and clear guidance documents, as a result of which over 430 biopesticide ingredients are currently available in the US.

What is Agricultural Biologicals Market Segmentation?

BASF SE (Germany)
Bayer AG (Germany)
Syngenta AG (Switzerland)
Marrione Bio Innovation (US)
Isagro S.p.A. (Italy)
UPL (India)
Evogene Ltd (Israel)
Vegalab S.A. (US)
Valent Biosciences (US)

๐…๐‘๐„๐„ ๐†๐ž๐ญ ๐š ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ!https://www.stellarmr.com/report/req_sample/Agricultural-Biologicals-Market/344

Some of the current players in the Agricultural Biologicals Market are:

ABB
ADVANTECH
3D SYSTEMS
BASLER
CISCO SYSTEMS
COGNEX CORPORATION
DAIFUKU
EMERSON ELECTRIC
GENERAL ELECTRIC
HONEYWELL INTERNATIONAL
IBM
INTEL
JOHN BEAN TECHNOLOGIES CORPORATION
NVIDIA

Key Offerings:

Past Market Size and Competitive Landscape
Agricultural Biologicals Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Agricultural Biologicals Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4 Kothrud
Pinnac Memories Fl. No. 3
Kothrud, Pune, Maharashtra, 411029
sales@stellarmr.com
+91 9607365656

About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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