Agricultural Biologicals Market Size – USD 9.95 Billion in 2020, Market Growth - CAGR of 13.4%, Market Trends- Rising concerns over chemical residue in agricultural lands.
According to a recent analysis by Reports &Data, the global Agricultural Biologicals Market size was valued at USD 9.95 Billion in 2020 and is forecast to reach USD 27.56 Billion in terms of revenue, at a CAGR of 13.4% over 2021-2028. The increasing adoption agricultural biologicals for sustainability, better crop yield & quality, residue management, and flexibility in spray programs, are the key factors driving industry growth.
Agricultural biologicals offer a more holistic approach for pest resistance and maximizing crop yields. Cultivators and farmers across the globe are extensively utilizing agricultural biologicals in combinations with chemical products in IPM programs or even as stand-alone method to protect crops from weeds, disease, insect pests, and to also reduce chemical residue in agricultural lands.
Growing awareness among growers regarding negative impact of pest resistance chemicals on soil quality and introduction of stringent norms by regulatory bodies to cut down excessive synthetic fertilizers usage will favor agricultural biological market expansion through 2028.
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Further Key Findings from the Report:
- Based on application, foliar spray is expected to be a major revenue contributing segment for the global agricultural biological market share over the analysis period. Increasing popularity of foliar spray application can be attributed to their effectiveness and ease of use. The technique directly target plant leaves, thereby boosting absorption of trace elements and nutrients. Increasing adoption of the foliar spray by several small-scale cultivators over soil treatment due to better price point will boost segmental growth in the upcoming years.
- Based on crop type, the fruits & vegetables segment is projected to deliver maximum growth over the analysis period. The robust growth can be attributed to the surging demand fororganic fruits & vegetables globally. In addition, advantages of agricultural biologicals use in crops, including better shape, size and shelf-life of fruits will favor industry growth in the forecast period.
- In the regional landscape, North America is expected to be the fastest growing region for the agricultural biologicals market on account of exponential growth in the organic farm business in economies like Mexico and U.S. In addition, increasing number of patents received for biopesticides and biostimulants by companies based in these countries will further bolster regional industry growth through 2028.
- Companies profiled in the global agricultural biologicals market include Syngenta (Switzerland), Isagro (Italy), Evogene (Israel), Vegalab (US), Valent (US), Stockton (Israel), Biolchim (Italy), UPL (India), Valagro (Italy), Koppert Biological Systems (Netherlands), Lallemand (Canada), Rizobacter (Argentina), Symborg (Spain), Bayer (Germany), Andermatt Biocontrol (Switzerland), (US), Seipasa (Spain), Marrione Bio Innovation (US), Verdasien Life Sciences, and BASF SE (Germany), among others.
Agricultural Biologicals Market Size, Share & Analysis, By Function, Product Type, Mode Of Application, Crop Type, Region, And Segment, Forecasts To 2028, To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/agricultural-biologicals-market
This report forecasts revenue growth at the global, regional, and country levels and provides analysis of the latest industry trends and opportunities in each of the sub-segments over 2018-2028. For the purpose of this study, Reports and Data, has segmented the global agricultural biologicals market on the basis of function, product type, mode of application, application, and region:
Function Outlook: (Revenue, USD Billion, 2018 - 2028)
- Crop protection
- Biocontrol
- Crop enhancement
- Biofertilizers
- Biostimulants
Product Type Outlook: (Revenue, USD Billion, 2018 - 2028)
- Microbials
- Macrobials
- Semiochemicals
- Natural products
Mode of application Outlook: (Revenue, USD Billion, 2018 - 2028)
- Foliar spray
- Soil treatment
- Seed treatment
Application Outlook: (Revenue, USD Billion, 2018 - 2028)
- Cereals & grains
- Oilseed & pulses
- Fruits & vegetables
- Other crop types
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Regional Outlook (Revenue in USD Billion; 2017–2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Egypt
- Rest of MEA
Table Of Content
Chapter: 1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Study Scope
1.4 Periodization Considered
1.5 Currency Considered
1.6 Stakeholders
1.7 Inclusions & Exclusions
Chapter: 2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.2 Market Size Estimation
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
Chapter: 3 Market Synopsis
Chapter: 4 Insights & Trends
4.1 Overview Of The Agricultural Biologicals Market
4.2 Agricultural Biologicals Market, By Function
4.3 North America: Agricultural Biologicals Market, By Function And Key Country
4.4 Agricultural Biologicals Market, By Function And Region
4.5 Key Markets, By Key Country
………..
Chapter: 11 Competitive Landscape
11.1 Overview
11.2 Competitive Leadership Mapping
11.2.1 Visionary Leaders
11.2.2 Innovators
11.2.3 Dynamic Differentiators
11.2.4 Emerging Companies
11.3 Start-Up Microquadrant
11.3.1 Progressive Companies
11.3.2 Starting Blocks
11.3.3 Responsive Companies
11.3.4 Dynamic Companies
11.4 Ranking Of Key Players, 2018
11.5 Competitive Scenario
11.5.1 New Product Launches
11.5.2 Expansions
11.5.3 Acquisitions
11.5.4 Agreements And Collaborations
Chapter: 12 Company Profiles
(Business Overview, Products Offered, Recent Developments, Swot Analysis, Right To Win)*
12.1 Basf Se
12.2 Isagro S.P.A.
12.3 Syngenta Crop Protection Ag
12.4 Bayer Ag
12.5 Upl
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