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Agricultural Microbials Market Forecast Shows 16.5% CAGR Growth Driven by Soil Health Innovations and Eco-Friendly Practices
Agricultural Microbials Market
According to the latest research by InsightAce Analytic, the global Agricultural Microbials market is valued at USD 8.1 Billion in 2024, and it is expected to reach USD 37.1 Billion by the year 2034, with a CAGR of 16.5% during a forecast period of 2025-2034.
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Agricultural microbes refer to microorganisms employed in farming practices to enhance crop productivity and improve yield quality. These microbial inoculants are developed with targeted functionalities to support a wide variety of crops. Naturally occurring bacteria and fungi, which assist in delivering essential nutrients such as nitrogen and phosphorus to plants, are key examples of these microorganisms. This diverse group-including fungi, bacteria, viruses, and protists-inhabits the soil ecosystem, forming a microbiome that works in synergy with plants to foster growth. By facilitating nutrient absorption, including vital vitamins, these microbes contribute significantly to plant development.
The utilization of agricultural microorganisms offers numerous benefits, such as improved resistance to pests and diseases, enhanced tolerance to environmental stressors like heat and drought, and the ability to break down organic matter and recycle crop residues. These organisms play a critical role in maintaining soil health, reducing disease occurrence, optimizing nutrient delivery, and supporting overall plant vitality. Additionally, they contribute to increasing agricultural productivity through environmentally sustainable and cost-effective methods.
The continued growth of the agricultural sector, combined with a rising emphasis on innovation, serves as a primary driver of market expansion. Key contributing factors include growing consumer awareness of sustainable livestock farming, the global rise in the cultivation of cereals, grains, fruits, and vegetables, and increased disposable incomes among major stakeholders.
Moreover, the growing focus on soil health and the essential function of agricultural microbes in enhancing soil fertility further stimulate market development. The market also benefits from evolving lifestyle trends, westernization, intensified R&D activities-particularly in emerging markets-and global population growth. Enhanced distribution infrastructure, technological advancements in production methods, and greater awareness of microbial benefits-such as nutrient enrichment, nitrogen fixation, and disease control-are anticipated to support sustained growth in the agricultural microbes market.
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Despite the promising growth trajectory, the agricultural microbials market encounters several challenges. These include the limited shelf life of microbial formulations, fluctuations in raw material prices, and ongoing disruptions in global supply chains, particularly those stemming from the COVID-19 pandemic. Moreover, high research and development costs and the widespread reliance on synthetic pesticides may hinder broader market adoption and expansion.
From a regional perspective, North America is projected to maintain its position as a leading market for agricultural microbials over the forecast period. This is largely attributed to increased awareness among farmers regarding the environmental benefits of microbial products and the growing shift toward organic agricultural practices. Additionally, favorable regulatory frameworks and supportive government policies in the region have facilitated the integration of microbial solutions into mainstream farming.
In the Asia Pacific region, the market is expected to witness substantial growth, fueled by rising population levels, changing consumer preferences, higher disposable incomes, and increasing demand for tropical and subtropical produce. The agricultural industries in key economies such as China and India-both of which contribute significantly to their national GDPs-are central to this expansion. Furthermore, government-led initiatives aimed at promoting environmental sustainability and encouraging eco-friendly farming methods are accelerating the adoption of microbial technologies across the region.
Major market players operating in the Agricultural Microbials market include
BASF SE (Germany), Bayer CropScience (Germany), Sumitomo Chemicals Company Ltd.(Japan), Monsanto Company (US), Corteva (US), Bioworks, Inc. (US), Novozymes (US), Koppert Biological Systems B.V (US), Wilbur-Ellis Holdings Inc. (US), Pivot Bio (US)., 3Bar Biologics, AgBiome Innovations, Azotic Technologies, BioConsorita, Syngenta AG (Switzerland), Certis USA LLC (US), Marrone Bio Innovations (US), CHR. Hansen Holdings (Denmark), Isagro S.p.A (Italy), UPL Corporation (India), Verdesian Life Sciences LLC (US), Valent Biosciences LLC (US), Lallemand Plant Care (Canada), Agrilife Biosolutions Ltd. (India), Corteva Agriscience, and other prominent players.
Recent collaborations and agreements in the market:
• In March 2020, To offer growers the most cutting-edge, environmentally friendly, and technologically sophisticated agricultural solutions, with a focus on crop protection solutions, Bayer CropScience created a new automated greenhouse facility in Marana, Arizona, in the United States.
• In January 2020, To manage six different formulation methods and provide the business's proprietary crop protection products to farmers throughout the rapidly expanding Asia Pacific region, BASF SE built a multipurpose facility for its Agricultural Solutions division in Singapore.
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Market Segments
Global Agricultural Microbials Market, by Type, 2022-2030 (Value US$ Mn)
• Bacterial
• Fungi
• Viruses
• Protozoa
Global Agricultural Microbials Market, by Crop Types, 2022-2030 (Value US$ Mn)
• Cereals & grains
• Oilseeds & pulses
• Fruits & vegetables
• Other crop types (Turfs, ornamentals, plantation crops, and forages)
Global Agricultural Microbials Market, by Functions, 2022-2030 (Value US$ Mn)
• Soil amendments
• Crop protection
Global Agricultural Microbials Market, by Application, 2022-2030 (Value US$ Mn)
• Foliar spray
• Soil treatment
• Seed treatment
• Other modes of application
Global Agricultural Microbials Market, by Formulations, 2022-2030 (Value US$ Mn)
• Dry (dry granules, water-dispersible granules, and wettable powders)
• Liquid (Emulsifiable concentrates, suspension concentrates, and soluble liquid concentrates)
Global Agricultural Microbials Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Agricultural Microbials Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Agricultural Microbials Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Agricultural Microbials Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Agricultural Microbials Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Agricultural Microbials Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Why should buy this report:
To receive a comprehensive analysis of the prospects for the global Agricultural Microbials market
To receive an industry overview and future trends of the Agricultural Microbials market
To analyze the Agricultural Microbials market drivers and challenges
To get information on the Agricultural Microbials market value (US$Mn) forecast to 2030
Significant investments, mergers & acquisitions in the Agricultural Microbials market industry
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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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