Press release
Agricultural Biologicals Market Projected to Reach USD 35.47 Billion by 2030
๐๐ ๐ซ๐ข๐๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ข๐ฌ๐๐ ๐๐จ๐ซ ๐๐ข๐ ๐ง๐ข๐๐ข๐๐๐ง๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐กThe global agricultural biologicals market is experiencing substantial growth, driven by increasing demand for sustainable farming practices and organic food products. Valued at approximately USD 14.62 billion in 2023, the market is projected to reach USD 35.47 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 13.5% during the forecast period.
๐๐ ๐ซ๐ข๐๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
Agricultural biologicals, including biopesticides, biostimulants, and biofertilizers, are natural solutions derived from microorganisms, plant extracts, and other organic materials. They play a crucial role in enhancing crop productivity, improving soil health, and providing environmentally friendly alternatives to chemical-based agricultural inputs.
๐๐๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/31007/
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ
๐น๐๐๐๐๐ ๐ซ๐๐๐๐๐ ๐๐๐ ๐ถ๐๐๐๐๐๐ ๐ท๐๐๐ ๐๐๐๐: Consumers' growing preference for organic food has led to increased adoption of agricultural biologicals, which are essential for organic farming practices.
๐ฌ๐๐๐๐๐๐๐๐๐๐๐๐ ๐ช๐๐๐๐๐๐๐: The adverse effects of synthetic chemicals on the environment have prompted a shift towards sustainable agricultural practices, boosting the use of biologicals.
๐ฎ๐๐๐๐๐๐๐๐๐ ๐ฐ๐๐๐๐๐๐๐๐๐๐: Supportive policies and subsidies promoting sustainable farming and the use of bio-based products are further propelling market growth.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
The adoption and growth of agricultural biologicals vary across regions, with notable developments in several countries:
๐จ๐๐๐๐๐๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ฎ๐๐๐๐๐ ๐๐ ๐ฝ๐๐๐๐๐๐
Vietnam is witnessing a gradual shift towards sustainable agriculture, with increasing awareness and adoption of biological products among farmers. While specific data on mergers and acquisitions in this sector is limited, the government's emphasis on reducing chemical pesticide use is creating opportunities for market expansion.
๐จ๐๐๐๐๐๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ป๐๐๐๐๐๐๐
Thailand's agricultural sector is exploring sustainable farming practices, including the use of biologicals. Although detailed information on recent mergers and acquisitions is scarce, the growing demand for organic products is encouraging the adoption of agricultural biologicals.
๐จ๐๐๐๐๐๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ป๐๐๐๐ ๐ ๐๐ ๐ฑ๐๐๐๐
Japan is experiencing a rise in the adoption of agricultural biologicals, driven by consumer demand for safe and sustainable food production. While specific recent mergers and acquisitions are not prominently reported, the market is characterized by increased research and development activities focusing on biopesticides and biostimulants.
๐จ๐๐๐๐๐๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ช๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐ ๐ฒ๐๐๐๐
South Korea's focus on sustainable agriculture has led to a growing interest in agricultural biologicals. Although recent mergers and acquisitions are limited, the government's initiatives to promote eco-friendly farming practices are expected to drive market growth.
๐จ๐๐๐๐๐๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ผ๐๐ ๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐๐๐๐๐
Singapore is emphasizing urban and sustainable farming solutions, including the adoption of agricultural biologicals. While the market is still emerging, the government's support for innovative agricultural technologies presents opportunities for growth.
๐จ๐๐๐๐๐๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ฎ๐๐๐๐๐ ๐๐ ๐๐๐ ๐ผ๐๐๐๐๐ ๐บ๐๐๐๐๐
The United States is a significant market for agricultural biologicals, driven by increasing demand for organic products and sustainable farming practices. The country has witnessed several key developments:
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ: In January 2024, ๐๐๐ announced the acquisition of ๐๐จ๐ซ๐ญ๐๐ฏ๐ ๐๐ ๐ซ๐ข๐ฌ๐๐ข๐๐ง๐๐'๐ฌ fungicide business, strengthening its biological crop protection portfolio.
๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐ฅ๐ฅ๐ข๐๐ง๐๐๐ฌ: In April 2023, ๐๐ฒ๐ง๐ ๐๐ง๐ญ๐ ๐๐ง๐ ๐๐ข๐จ๐ญ๐๐ฅ๐ฒ๐ฌ entered a strategic alliance to foster biological innovation in sustainable agriculture, focusing on developing new solutions with unique modes of action.
๐๐จ ๐๐๐ฅ๐ฏ๐ ๐๐๐๐ฉ๐๐ซ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก, ๐ค๐ข๐ง๐๐ฅ๐ฒ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/31007/
๐จ๐๐๐๐๐๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ช๐๐๐๐
China is rapidly adopting agricultural biologicals to address environmental concerns and enhance sustainable farming. The government's policies promoting eco-friendly agriculture are creating a favorable environment for market growth. While specific recent mergers and acquisitions are not widely reported, the increasing investment in research and development indicates a positive trend.
๐จ๐๐๐๐๐๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ป๐๐๐๐ ๐ ๐๐ ๐ฌ๐๐๐๐๐
Europe is at the forefront of adopting agricultural biologicals, driven by stringent regulations on chemical pesticides and a strong consumer preference for organic products. The region has seen several key developments:
๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐๐ฎ๐ง๐๐ก๐๐ฌ: In March 2021, ๐๐๐ฒ๐๐ซ ๐๐ introduced ๐๐ฒ๐ง๐ฒ๐ญ๐ฒ ๐๐ข๐ญ๐ซ๐ฎ๐ฌ, a biological and pheromone-based crop protection product for managing insect outbreaks in citrus fields.
๐๐จ๐ฅ๐ฅ๐๐๐จ๐ซ๐๐ญ๐ข๐จ๐ง๐ฌ: In February 2023, ๐๐๐ฒ๐๐ซ ๐๐ and ๐๐ข๐ฆ๐ข๐ญ๐๐ partnered to develop and commercialize novel biopesticides and biostimulants, enhancing their product portfolios.
๐๐ ๐ซ๐ข๐๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
Biopesticides
Biofertilizers
Biostimulants
๐๐ฒ ๐๐จ๐ฎ๐ซ๐๐
Microbials
Biochemicals
๐๐ฒ ๐๐จ๐๐ ๐จ๐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Foliar spray
Soil treatment
Seed treatment
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Cereals & grains
Oilseeds & pulses
Fruits & vegetables
The global market for agricultural biologicals is anticipated to be dominated by the biopesticides sector. Biopesticides, which are made from natural resources like bacteria and minerals, are superior alternatives to chemical pesticides. They are widely employed in farming operations to control the damage that pests, weeds, ticks, mites, slugs, and other insects do to crops. The global agricultural biologicals market is expected to expand due to the rising demand for organic products and the potential of biopesticides to reduce management problems.
๐๐จ ๐๐ข๐ง๐ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก, ๐ฉ๐ฅ๐๐๐ฌ๐ ๐ฏ๐ข๐ฌ๐ข๐ญ: https://www.maximizemarketresearch.com/request-sample/31007/
๐๐ ๐ซ๐ข๐๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
1. Bayer Cropscience AG
2. Syngenta
3. Monsanto Bioag
4. The DOW Chemical Company
5. Marrone Bio Innovations Inc.
6. Aristo Lifescience
7. Certis USA LLC
8. Koppert B.V.
9. Valagro
10. Biolchim
11. Valent Biosciences Corporation
12. Isagro SPA
13. Novozyme A/S
14. Arysta Lifescience Limited
15. Certis USA LLC
16. BASF SE
17. Rizobacter Argentina
18. UPL
19. Valent Biosciences
20. Koppert Biological systems
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐๐ซ๐จ๐ฆ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ญ๐ก๐๐ญ ๐๐ซ๐ ๐ฆ๐๐ค๐ข๐ง๐ ๐ฐ๐๐ฏ๐๐ฌ:
Avocado-Based Products Market https://www.maximizemarketresearch.com/market-report/avocado-based-products-market/194889/
Global Embedded AI Computing Platforms Market https://www.maximizemarketresearch.com/market-report/global-embedded-ai-computing-platforms-market/111905/
Canada Baby Food Market https://www.maximizemarketresearch.com/market-report/canada-baby-food-market/39863/
Energy bar Market https://www.maximizemarketresearch.com/market-report/energy-bar-market/129300/
Lecithin market https://www.maximizemarketresearch.com/market-report/global-lecithin-market/14897/
Organic Chocolate Market https://www.maximizemarketresearch.com/market-report/organic-chocolate-market/220851/
Organic Cheese Market https://www.maximizemarketresearch.com/market-report/organic-cheese-market/220871/
Organic Eggs Market https://www.maximizemarketresearch.com/market-report/organic-eggs-market/221128/
Macadamia nuts Market https://www.maximizemarketresearch.com/market-report/macadamia-nuts-market/221276/
Plant Based Ham Market https://www.maximizemarketresearch.com/market-report/plant-based-ham-market/217492/
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