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Bacteria Based Agricultural Microbials Market Poised for 8 % Growth, Set to Hit $5.52 Billion by 2029
Which drivers are expected to have the greatest impact on the over the bacteria based agricultural microbials market's growth?The surge in organic food demand is set to drive the bacteria-based agricultural microbials market's expansion. Organic food, which is devoid of synthetic chemicals or genetically modified components, is seeing an uptick in demand due to increased health consciousness. Bacteria-based agricultural microbials employ microorganisms such as bacteria, fungus, and viruses to bolster crop growth, increase elicited yield, and shield crops from infections and pests. To illustrate, the Organic Trade Association, an American business collective, reported that in June 2022, organic food sales figures in the United States crossed the $60 billion mark for the first time, hitting a remarkable $67.6 billion. This represents a four-percent growth in sales value, almost double the growth rate of 2021, when organic food sales amounted to $61.7 billion. Thus, the escalating demand for organic food serves as the growth propeller for the bacteria-based agricultural microbial market.
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What is the future CAGR of the bacteria based agricultural microbials market, and how will it impact industry expansion?
The market size for agricultural microbials based on bacteria has seen a considerable growth in the recent past. Its growth is expected to rise from $3.84 billion in 2024 to $4.13 billion in 2025, representing a compound annual growth rate (CAGR) of 7.6%. The historic period's growth can be linked to factors such as environmental awareness, resistance to pesticides, a surge in crop productivity, the trend towards organic farming, and market's increasing demand for sustainable solutions.
The market size of agricultural microbials founded on bacteria is foreseen to experience substantial growth shortly. The market is set to reach "$5.52 billion by 2029 with a compound annual growth rate (CAGR) of 7.5%. The predicted growth in the coming years is due to the backing and regulations by the government, the transition towards biologicals, the rising adoption of integrated pest management, ongoing research and development, and the effects of climate change. In the forecast period, major trends to be observed are a focus on sustainable farming, reduced reliance on chemicals, consciousness around soil health, the adoption of biological seed treatment, and the practice of organic farming.
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What are the most significant trends transforming the bacteria based agricultural microbials market today?
Strategic alliances are a rising trend within the bacteria-based agricultural microbial industry. Leading companies in this market are focusing on creating fresh partnerships to amplify their market standing. For example, Indigo Ag, an agricultural tech firm based in the US, teamed up with ISAOSA, a Mexican fertilizer distributor, in January 2023 to introduce a cutting-edge microbial technology aimed at boosting nutrient use efficiency in Mexico. Known as Indigo 30, this microbial product, part of Indigo's biotrinsic series, elevates corn crop yields. The new formula enables Indigo 30 to mingle directly with the fertilizer for the very first time, significantly broadening the window of usage for farmers.
Which key market segments comprise the bacteria based agricultural microbials market and drive its revenue growth?
The bacteria based agricultural microbials market covered in this report is segmented -
1) By Type: Bacillus Thuringiensis, Rhizobium, Bacillus Subtilis, Other Types
2) By Formulation: Dry Formulation, Liquid Formulation
3) By Mode of Application: Soil Treatment, Foliar Spray, Seed Treatment
4) By Application: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Turf And Ornamentals, Other Applications
Subsegments:
1) By Bacillus Thuringiensis: Granular Formulations, Liquid Formulations
2) By Rhizobium: Liquid Inoculants, Granular Inoculants
3) By Bacillus Subtilis: Liquid Formulations, Powder Formulations
4) By Other Types: Pseudomonas, Lactobacillus, Azospirillum
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What regions are at the forefront of bacteria based agricultural microbials market expansion?
North America was the largest region in the bacteria-based agricultural microbials market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global bacteria-based agricultural microbial market during the forecast period. The regions covered in the bacteria-based agricultural microbials market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the leading players fueling growth in the bacteria based agricultural microbials market?
Major companies operating in the bacteria based agricultural microbials market include BASF SE, Bayer AG, Certis LLC, Isagro S.p.A., Verdesian Life Sciences LLC, Koppert B.V., E.I. DuPont de Nemours and Company, Syngenta AG, Sumitomo Chemical Co. Ltd., Corteva Inc., CHR. Hansen Holdings A/S, UPL Limited, Valent Biosciences Corporation, Novozymes A/S, Gujarat State Fertilizers & Chemicals Limited, Marrone Bio Innovations Inc., Nufarm Ltd., Precision Laboratories LLC, Lallemand Inc., BioWorks Inc., Terramera Inc., Andermatt Biocontrol AG, BioConsortia Inc., BioPhero ApS, Biotalys NV, BioTEPP Inc., EcoPesticides International Inc., Futureco Bioscience S.A., Gowan Company LLC, Kemin Industries Inc., Plant Health Care plc, Symborg SL
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What Is Covered In The Bacteria Based Agricultural Microbials Global Market Report?
• Market Size Forecast: Examine the bacteria based agricultural microbials market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the bacteria based agricultural microbials market for a structured understanding.
• Key Players Overview: Analyze major players in the bacteria based agricultural microbials market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the bacteria based agricultural microbials market.
• Segment Contributions: Evaluate how different segments drive overall growth in the bacteria based agricultural microbials market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the bacteria based agricultural microbials market.
• Industry Challenges: Identify potential risks and obstacles affecting the bacteria based agricultural microbials market.
• Competitive Landscape: Review strategic developments in the bacteria based agricultural microbials market, including expansions, agreements, and new product launches.
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