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Agricultural Algaecides Market: Growth Drivers, Key Players, Trends, and Projected Market Size
Updated 2025 Market Reports Released: Trends, Forecasts to 2034 - Early Purchase Your Competitive Edge Today!The Agricultural Biologics Market's Growth and Future Potential
• The agricultural biologics market rapidly grew from $14.32 billion in 2024 to $16.61 billion in 2025, with a compound annual growth rate (CAGR) of 16.0%. This growth in the historic period is due to factors such as the rise in organic farming, awareness of the environmental impact of chemical pesticides and fertilizers, global population growth, and emerging economies' growth.
• The agricultural biologics market is projected to further grow to $29.92 billion in 2029 with a CAGR of 15.8%. This growth in the forecast period can be attributed to increasing food demand, favorable government policies, demand for higher crop yields, adoption of precision agriculture, and rise in disposable income.
What Is Driving The Growth In The Agricultural Biologics Market?
The growth of the agricultural biologics market is largely influenced by increasing incidences of pest outbreaks. These outbreaks refer to a rapid increase in large populations of economically harmful pests, causing substantial damage to major food crops such as corn, wheat, and rice. Pest outbreaks lead to significant losses in crop yields and damages in cropland, impacting food security, regional economies, and allied socio-economic aspects. For instance, a Springer Nature Limited study in May 2023 estimated the annual crop yield loss caused by pathogens and pests at US$220 billion. This increasing prevalence of pest outbreaks fosters the growth of the agriculture biologics market.
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Who Are the Key Players Driving Agricultural Biologics Market Growth?
Key players in the agricultural biologics market include:
• Syngenta AG
• Dow Chemical Company
• Bayer AG
• BASF SE
• Isagro SPA
• Corteva Inc.
• Marrone Bio Innovations Inc.
• Certis Group
• Valent BioSciences Corp.
• BioWorks Inc.
What Are The Key Trends In The Agricultural Biologics Market?
Key trends in the agricultural biologics market include:
• Customized microbial solutions
• Biological seed treatments
• Biodegradable biologic formulations
• Utilizing blockchain technology
What Are The Segments Of The Global Agricultural Biologics Market?
The Global Agricultural Biologics Market is segmented as follows:
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
Which Region Leads The Agricultural Biologics Market?
North America held the largest share in the agricultural biologics market in 2024. Fast-paced growth is expected from Asia-Pacific in the market. The report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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What Is Covered In The Agricultural Biologics Market Global Market Report?
- Market Size Analysis: Analyze the Agricultural Biologics Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Agricultural Biologics Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Agricultural Biologics Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Agricultural Biologics Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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