North America Agriculture Microbial Market to Witness Huge Growth by 2030

The agriculture microbial in North America is expected to grow from US$ 2,883.52 million in 2022 to US$ 6,468.57 million by 2028. It is estimated to grow at a CAGR of 14.4% from 2022 to 2028.

According to the United Nations (UN), the world population is expected to reach 9.8 billion in 2050 and 11.2 billion in 2100. With the significantly increased population, the agriculture sector across the region has to double its food production by 2050 and reduce the reliance on inorganic fertilizers and pesticides. Thus, the growing population has surged the demand and added to concerns for food to feed the growing population.

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Agriculture microbial products are aiding numerous practices, such as soil improvement and crop protection. The uptake of these products offers various benefits, such as increased nutrient uptake, crop yield, and organic cultivation. Such benefits, coupled with the ever-growing population, have boosted their demand among consumers. Moreover, farmers are adopting efficient crop protection techniques due to increased urbanization and the shrinking of arable land. Thus, rising concerns for sustainable agriculture are fuelling the demand for agriculture microbial products, which, in turn, is contributing to the market.

MARKET INTRODUCTION

The North America agriculture microbial market is segmented into the US, Canada, and Mexico. North America is one of the most significant regions for the agriculture microbial market due to increasing awareness about the benefits of using microbial in agriculture over synthetic chemicals. The use of synthetic chemicals becomes ineffective as they develop pest resistance and harm the production of the crop. Agriculture microbial quickly decompose, even if they are applied in small quantities, which leads to lower exposure and prevents the environmental problems faced by synthetic chemicals.
The North America agriculture microbial Market is segmented into type, formulation ,function ,mode of application , and crop type and country.

Based on type, the market is segmented into bacteria, fungi, virus, and others. The bacteria segment registered the larger market share in 2022. Based on formulation , the market is segmented into liquid and dry. The liquid segment held the larger market share in 2022. Based on function , the market is segmented into crop protection and soil amendments. The crop protection segment held the larger market share in 2022. Based on mode of application , the market is segmented into foliar spray, soil treatment, seed treatment, and post-harvest. The foliar spray segment held the largest market share in 2022. Based on crop type , the market is segmented into cereals and grains, oilseeds and pulses, fruits and vegetables, and others .The fruits and vegetables segment held the largest market share in 2022. Based on country, the market is segmented into US ,Canada and Mexico. US dominated the market share in 2022
List of Companies Profiled in the North America Agriculture Microbial Market Report are:
• BASF SE
• Bayer AG
• Certis USA LLC
• Bio Works
• Novozymes A/S
• Chr. Hansen Holding A/S
• Syngenta Group

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Table of Contents

Report Overview: It includes the objectives and scope of the study and gives highlights of key market segments and players covered. It also includes years considered for the research study.

Executive Summary: It covers industry trends with high focus on market use cases and top market trends, market size by regions, and market size. It also covers market share and growth rate by regions.

Key Players: Here, the report concentrates on mergers and acquisitions, expansions, analysis of key players, establishment date of companies, and areas served, manufacturing base, and revenue of key players.

Breakdown by Product and Application: This section provides details about market size by product and application.

Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of market size by product and application, key players, and market forecast.

Profiles of International Players: Here, players are evaluated on the basis of their gross margin, price, sales, revenue, business, products, and other company details.

Market Dynamics: It includes supply chain analysis, analysis of regional marketing, challenges, opportunities, and drivers analyzed in the report.

Key Findings of the Research Study

Appendix: It includes details about research and methodology approach, research methodology, data sources, authors of the study, and a disclaimer.

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