
Agricultural Biologicals Market - Global Outlook & Forecast 2023-2028
Description
Agricultural Biologicals Market - Global Outlook & Forecast 2023-2028
The global agricultural biologicals market is expected to grow at a CAGR of 9.27% from 2022 to 2028.
MARKET TRENDS & OPPORTUNITIES
Emerging Organic Farming
The demand for organic farming is being propelled by its environmental advantages. Organic farming practices help reduce soil and groundwater contamination by eliminating chemical fertilizers and pesticides. Moreover, organic farming requires fewer non-renewable resources compared to conventional methods. It also promotes the preservation of biodiversity in the soil. According to a report by Columbia Climate School in February 2020, organic farming fosters 30% more biodiversity, consumes 45% less energy and emits 40% less carbon than conventional farming.
Expanding Sustainable Agriculture
The agricultural sector holds immense importance in the global economy as it employs a significant portion of the global workforce of numerous countries. However, conventional farming practices, characterized by intensive use of synthetic fertilizers and pesticides, monoculture, and large-scale industrial farming, have had adverse effects on the environment, public health, and food security on a global scale. Sustainable agriculture has emerged as a viable solution to counter these problems. It offers a path towards a more resilient, equitable, and environmentally sustainable food system that benefits all stakeholders. Sustainable agriculture has become increasingly crucial in the present times. Climate change has led to variable weather patterns, increased soil degradation, and declining groundwater levels, posing significant challenges for farmers in meeting the growing food demands of a growing population.
SEGMENTATION INSIGHTS
INSIGHTS BY PRODUCT
The biopesticides product dominated the global agricultural biologicals market in 2022, holding a significant share of over 50% owing to the increasing utilization of biopesticides in soil, foliage, and turfs, particularly in North American and European countries and has contributed to its substantial market share. Key biopesticide products include insect sex pheromones and scented plants, which attract and trap pests. Microbial pesticides, on the other hand, contain active ingredients that effectively control various pest types. Among these, microbial pesticides containing Bacillus thuringiensis strains are widely adopted due to their ability to produce a protein mix that eliminates pests.
Segmentation by Product
- Biopesticides
- Biochemicals
- Microbial Pesticides
- Bio Stimulants
- Acid-Base
- Seaweed Extract
- Microbial Stimulants
- Other Bio Stimulants
- Bio-Fertilizers
- Nitrogen Fixation
- Phosphate Solubilizing
- Other Bio-Fertilizers
- Others
The global agricultural biologicals market by application can be segmented as foliar spray, seed treatment, soil treatment, and post-harvest. In 2022, the foliar spray method dominated the market, primarily due to the significant demand for biologicals in enhancing seed properties to improve crop yield. The excessive use of synthetic fertilizers and other chemical crop care products like pesticides and insecticides in recent years has led to significant degradation of soil quality in major agricultural economies. However, governments have started implementing regulations in the agricultural sector to address the environmental hazards caused by the excessive use of chemical products in farming. This regulatory approach is expected to grow bio-fertilizer in various seed and soil applications worldwide.
Segmentation by Application
- Foliar Spray
- Seed Treatment
- Soil Treatment
- Post-Harvest
The cereals & grains crop type segment held the largest global agricultural biologicals market in 2022. The larger share can be attributed to the increasing global demand for crops such as wheat, rice, corn, barley, and millet. Advancements in microbiology have played a crucial role in determining the appropriate composition of agricultural biologicals for wheat cultivation, leading to a high demand for biologics and driving the growth of this segment. Cultivating cereals & grains requires a significant quantity of various agricultural biologicals, particularly bio-fertilizers, for promoting healthy growth. Studies conducted worldwide have shown that the injection of Azotobacter bacteria in cereal & grain crops reduces the nitrogen requirement of the plants and facilitates their development. Additionally, for optimal wheat growth, using phosphate solubilizing bacteria and Azotobacter inoculation has proven to be highly effective bio-fertilizers in terms of crop yield.
Segmentation by Crop Types
- Cereals & Grains
- Oilseed & Pulses
- Fruits & Vegetables
- Others
North America emerged as the global agricultural biologicals market leader, capturing a significant share of approximately 39% in 2022. The regional growth can be attributed to the strong presence of global agricultural product manufacturers, with most producers concentrated in the United States. Additionally, the region's agricultural practices have constantly evolved, incorporating advanced farming techniques, technological advancements, continuous research and development, and government regulations promoting sustainable farming methods. States such as North Dakota, California, Montana, Wisconsin, and New York have emerged as key players in organic cultivation within the United States.
Segmentation by Geography
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- APAC
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
Prominent manufacturers in the global agricultural biologicals market consistently prioritize new product innovations, forging partnerships, engaging in mergers and acquisitions, and fostering collaborations to target a wide customer base while optimizing distribution costs effectively. Companies like Bayer CropScience and BASF SE are integrating their operations throughout the value chain to maintain their market standing. Meanwhile, new agricultural biological market entrants emphasize establishing long-term contracts with local and regional farming communities to expand their industry presence.
Key Company Profiles
- Novozymes
- Bayer AG
- BASF SE
- 1,4Group, Inc.
- 3Bar Biologics
- Acadian Plant Health
- Adjuvants Plus Inc
- Agrinos
- Corteva AgriScience
- UPL Limited
- Syngenta International AG
- Atlantica Agricola
- Neudorff
- FMA Corporation
- Certis USA LLC
- Bioworks Inc
- Kiwa Bio-Tech Products Group Corporation
- IPL Biologicals
- Andermatt Biocontrol AG
- Valent Biosciences
1. How big is the agricultural biologicals market?
2. What is the growth rate of the global agricultural biologicals market?
3. What are the growing trends in the agricultural biologicals industry?
4. Which region holds the most significant global agricultural biologicals market share?
5. Who are the key players in the global agricultural biologicals market?
Table of Contents
275 Pages
- 1 RESEARCH METHODOLOGY
- 2 RESEARCH OBJECTIVES
- 3 RESEARCH PROCESS
- 4 SCOPE & COVERAGE
- 4.1 MARKET DEFINITION
- 4.1.1 INCLUSIONS
- 4.1.2 EXCLUSIONS
- 4.1.3 MARKET ESTIMATION CAVEATS
- 4.2 BASE YEAR
- 4.3 SCOPE OF THE STUDY
- 4.3.1 MARKET SEGMENTATION BY GEOGRAPHY
- 5 REPORT ASSUMPTIONS & CAVEATS
- 5.1 KEY CAVEATS
- 5.2 CURRENCY CONVERSION
- 5.3 MARKET DERIVATION
- 6 PREMIUM INSIGHTS
- 6.1 OVERVIEW
- 6.2 MARKET OPPORTUNITIES
- 6.2.1 EMERGING ORGANIC FARMING
- 6.2.2 EXPANDING SUSTAINABLE AGRICULTURE
- 6.3 SEGMENTATION ANALYSIS
- 6.3.1 PRODUCT
- 6.3.2 APPLICATION
- 6.3.3 CROP TYPE
- 6.4 GEOGRAPHICAL ANALYSIS
- 6.5 COMPETITIVE LANDSCAPE
- 7 MARKET AT A GLANCE
- 8 INTRODUCTION
- 8.1 OVERVIEW
- 8.2 PESTLE ANALYSIS
- 8.2.1 POLITICAL FACTORS
- 8.2.2 ECONOMICAL FACTORS
- 8.2.3 SOCIO-CULTURAL FACTORS
- 8.2.4 TECHNOLOGICAL FACTORS
- 8.2.5 LEGAL FACTORS
- 8.2.6 ENVIRONMENTAL FACTORS
- 8.3 SWOT ANALYSIS
- 8.3.1 STRENGTHS
- 8.3.2 WEAKNESS
- 8.3.3 OPPORTUNITIES
- 8.3.4 THREATS
- 8.4 RUSSIA-UKRAINE WAR IMPACT ON SUPPLY CHAIN
- 8.4.1 TRADE DISRUPTIONS
- 8.4.2 TRANSPORTATION CHALLENGES
- 8.4.3 BORDER CONTROL AND CUSTOMER PROCEDURES
- 8.4.4 SUPPLIER AND BUYER RELATIONSHIPS
- 8.4.5 MARKET VIOLATION AND PRICING
- 8.4.6 SHIFTS IN PRODUCTION AND SOURCING
- 8.5 CONSUMER BEHAVIOR ANALYSIS
- 8.5.1 AWARENESS AND KNOWLEDGE
- 8.5.2 ENVIRONMENTAL CONCERNS
- 8.5.3 HEALTH AND SAFETY
- 8.5.4 LABELING AND CERTIFICATION
- 8.5.5 INFLUENCE OF OPINION LEADERS
- 8.5.6 AVAILABILITY AND ACCESSIBILITY
- 8.6 VALUE CHAIN
- 8.6.1 RESEARCH AND DEVELOPMENT
- 8.6.2 RAW MATERIAL SOURCING
- 8.6.3 MANUFACTURING
- 8.6.4 QUALITY CONTROL
- 8.6.5 MARKETING AND SALES
- 8.6.6 APPLICATION OR END-USER
- 8.6.7 MONITORING AND SUPPORT
- 8.6.8 RECYCLING AND DISPOSAL
- 9 MARKET OPPORTUNITIES & TRENDS
- 9.1 EMERGING ORGANIC FARMING
- 9.2 EMERGING DEMAND FOR QUALITY CROP MATERIALS
- 9.3 RISING FOOD DEMAND WITH GROWING POPULATION
- 10 MARKET GROWTH ENABLERS
- 10.1 EXPANDING SUSTAINABLE AGRICULTURE
- 10.2 DRIVING GROWTH OF THE BIO-FERTILIZERS MARKET
- 10.3 INCREASING GOVERNMENT INITIATIVES TO PROMOTE USING BIOPESTICIDES
- 11 MARKET RESTRAINTS
- 11.1 HIGH ADOPTION OF CONVENTIONAL/SYNTHETIC FERTILIZERS
- 11.2 HIGH INITIAL COST
- 11.3 LACK OF AWARENESS OF PRODUCT
- 12 MARKET LANDSCAPE
- 12.1 MARKET SIZE & FORECAST
- 12.2 FIVE FORCES ANALYSIS
- 12.2.1 THREAT OF NEW ENTRANTS
- 12.2.2 BARGAINING POWER OF SUPPLIERS
- 12.2.3 BARGAINING POWER OF BUYERS
- 12.2.4 THREAT OF SUBSTITUTES
- 12.2.5 COMPETITIVE RIVALRY
- 13 PRODUCT
- 13.1 MARKET SNAPSHOT & GROWTH ENGINE
- 13.2 MARKET OVERVIEW
- 13.3 BIOPESTICIDES
- 13.3.1 MARKET SIZE & FORECAST
- 13.3.2 ADVANTAGES
- 13.3.3 MARKET BY GEOGRAPHY
- 13.4 BIOPESTICIDES SUB-PRODUCT
- 13.4.1 BIOCHEMICALS: MARKET SIZE & FORECAST
- 13.4.2 MARKET BY GEOGRAPHY
- 13.4.3 MICROBIAL PESTICIDES: MARKET SIZE & FORECAST
- 13.4.4 MARKET BY GEOGRAPHY
- 13.5 BIO STIMULANTS
- 13.5.1 MARKET SIZE & FORECAST
- 13.5.2 ADVANTAGES
- 13.5.3 MARKET BY GEOGRAPHY
- 13.6 BIO STIMULANTS SUB-PRODUCT
- 13.6.1 ACID-BASE: MARKET SIZE & FORECAST
- 13.6.2 MARKET BY GEOGRAPHY
- 13.6.3 SEAWEED EXTRACT: MARKET SIZE & FORECAST
- 13.6.4 MARKET BY GEOGRAPHY
- 13.6.5 MICROBIAL STIMULANTS: MARKET SIZE & FORECAST
- 13.6.6 MARKET BY GEOGRAPHY
- 13.6.7 OTHER BIO STIMULANTS: MARKET SIZE & FORECAST
- 13.6.8 MARKET BY GEOGRAPHY
- 13.7 BIO-FERTILIZERS
- 13.7.1 MARKET SIZE & FORECAST
- 13.7.2 ADVANTAGES
- 13.7.3 MARKET BY GEOGRAPHY
- 13.8 BIO-FERTILIZERS SUB-PRODUCT
- 13.8.1 NITROGEN FIXATION: MARKET SIZE & FORECAST
- 13.8.2 MARKET BY GEOGRAPHY
- 13.8.3 PHOSPHATE SOLUBILIZING: MARKET SIZE & FORECAST
- 13.8.4 MARKET BY GEOGRAPHY
- 13.8.5 OTHERS BIO-FERTILIZER: MARKET SIZE & FORECAST
- 13.8.6 MARKET BY GEOGRAPHY
- 13.9 OTHERS
- 13.9.1 MARKET SIZE & FORECAST
- 13.9.2 MARKET BY GEOGRAPHY
- 14 APPLICATION
- 14.1 MARKET SNAPSHOT & GROWTH ENGINE
- 14.2 MARKET OVERVIEW
- 14.3 FOLIAR SPRAY
- 14.3.1 MARKET SIZE & FORECAST
- 14.3.2 MARKET BY GEOGRAPHY
- 14.4 SEED TREATMENT
- 14.4.1 MARKET SIZE & FORECAST
- 14.4.2 MARKET BY GEOGRAPHY
- 14.5 SOIL TREATMENT
- 14.5.1 MARKET SIZE & FORECAST
- 14.5.2 MARKET BY GEOGRAPHY
- 14.6 POST HARVEST
- 14.6.1 MARKET SIZE & FORECAST
- 14.6.2 MARKET BY GEOGRAPHY
- 15 CROP TYPES
- 15.1 MARKET SNAPSHOT & GROWTH ENGINE
- 15.2 MARKET OVERVIEW
- 15.3 CEREALS & GRAINS
- 15.3.1 MARKET SIZE & FORECAST
- 15.3.2 MARKET BY GEOGRAPHY
- 15.4 OILSEEDS & PULSES
- 15.4.1 MARKET SIZE & FORECAST
- 15.4.2 MARKET BY GEOGRAPHY
- 15.5 FRUITS & VEGETABLES
- 15.5.1 MARKET SIZE & FORECAST
- 15.5.2 MARKET BY GEOGRAPHY
- 15.6 OTHERS
- 15.6.1 MARKET SIZE & FORECAST
- 15.6.2 MARKET BY GEOGRAPHY
- 16 GEOGRAPHY
- 16.1 MARKET SNAPSHOT & GROWTH ENGINE
- 16.2 GEOGRAPHIC OVERVIEW
- 17 NORTH AMERICA
- 17.1 MARKET SIZE & FORECAST
- 17.2 PRODUCT
- 17.2.1 MARKET SIZE & FORECAST
- 17.3 SUB-PRODUCT
- 17.3.1 MARKET SIZE & FORECAST
- 17.4 APPLICATION
- 17.4.1 MARKET SIZE & FORECAST
- 17.5 CROP TYPE
- 17.5.1 MARKET SIZE & FORECAST
- 17.6 KEY COUNTRIES
- 17.6.1 US: MARKET SIZE & FORECAST
- 17.6.2 CANADA: MARKET SIZE & FORECAST
- 18 EUROPE
- 18.1 MARKET SIZE & FORECAST
- 18.2 PRODUCT
- 18.2.1 MARKET SIZE & FORECAST
- 18.3 SUB-PRODUCT
- 18.3.1 MARKET SIZE & FORECAST
- 18.4 APPLICATION
- 18.4.1 MARKET SIZE & FORECAST
- 18.5 CROP TYPE
- 18.5.1 MARKET SIZE & FORECAST
- 18.6 KEY COUNTRIES
- 18.6.1 GERMANY: MARKET SIZE & FORECAST
- 18.6.2 FRANCE: MARKET SIZE & FORECAST
- 18.6.3 UK: MARKET SIZE & FORECAST
- 18.6.4 ITALY: MARKET SIZE & FORECAST
- 18.6.5 SPAIN: MARKET SIZE & FORECAST
- 19 APAC
- 19.1 MARKET SIZE & FORECAST
- 19.2 PRODUCT
- 19.2.1 MARKET SIZE & FORECAST
- 19.3 SUB-PRODUCT
- 19.3.1 MARKET SIZE & FORECAST
- 19.4 APPLICATION
- 19.4.1 MARKET SIZE & FORECAST
- 19.5 CROP TYPE
- 19.5.1 MARKET SIZE & FORECAST
- 19.6 KEY COUNTRIES
- 19.6.1 CHINA: MARKET SIZE & FORECAST
- 19.6.2 JAPAN: MARKET SIZE & FORECAST
- 19.6.3 INDIA: MARKET SIZE & FORECAST
- 19.6.4 AUSTRALIA: MARKET SIZE & FORECAST
- 19.6.5 SOUTH KOREA: MARKET SIZE & FORECAST
- 20 LATIN AMERICA
- 20.1 MARKET SIZE & FORECAST
- 20.2 PRODUCT
- 20.2.1 MARKET SIZE & FORECAST
- 20.3 SUB-PRODUCT
- 20.3.1 MARKET SIZE & FORECAST
- 20.4 APPLICATION
- 20.4.1 MARKET SIZE & FORECAST
- 20.5 CROP TYPE
- 20.5.1 MARKET SIZE & FORECAST
- 20.6 KEY COUNTRIES
- 20.6.1 BRAZIL: MARKET SIZE & FORECAST
- 20.6.2 MEXICO: MARKET SIZE & FORECAST
- 20.6.3 ARGENTINA: MARKET SIZE & FORECAST
- 21 MIDDLE EAST & AFRICA
- 21.1 MARKET SIZE & FORECAST
- 21.2 PRODUCT
- 21.2.1 MARKET SIZE & FORECAST
- 21.3 SUB-PRODUCT
- 21.3.1 MARKET SIZE & FORECAST
- 21.4 APPLICATION
- 21.4.1 MARKET SIZE & FORECAST
- 21.5 CROP TYPES
- 21.5.1 MARKET SIZE & FORECAST
- 21.6 KEY COUNTRIES
- 21.6.1 SAUDI ARABIA: MARKET SIZE & FORECAST
- 21.6.2 SOUTH AFRICA: MARKET SIZE & FORECAST
- 21.6.3 UAE: MARKET SIZE & FORECAST
- 22 COMPETITIVE LANDSCAPE
- 22.1 COMPETITION OVERVIEW
- 23 KEY COMPANY PROFILES
- 23.1 NOVOZYMES
- 23.1.1 BUSINESS OVERVIEW
- 23.1.2 PRODUCT OFFERINGS
- 23.1.3 KEY STRATEGIES
- 23.1.4 KEY STRENGTHS
- 23.1.5 KEY OPPORTUNITIES
- 23.2 BAYER AG
- 23.2.1 BUSINESS OVERVIEW
- 23.2.2 PRODUCT OFFERINGS
- 23.2.3 KEY STRATEGIES
- 23.2.4 KEY STRENGTHS
- 23.2.5 KEY OPPORTUNITIES
- 23.3 BASF SE
- 23.3.1 BUSINESS OVERVIEW
- 23.3.2 PRODUCT OFFERINGS
- 23.3.3 KEY STRATEGIES
- 23.3.4 KEY STRENGTHS
- 23.3.5 KEY OPPORTUNITIES
- 24 OTHER PROMINENT VENDORS
- 24.1 1,4GROUP, INC.
- 24.1.1 BUSINESS OVERVIEW
- 24.1.2 PRODUCT OFFERINGS
- 24.2 3BAR BIOLOGICS
- 24.2.1 BUSINESS OVERVIEW
- 24.2.2 PRODUCT OFFERINGS
- 24.3 ACADIAN PLANT HEALTH
- 24.3.1 BUSINESS OVERVIEW
- 24.3.2 PRODUCT OFFERINGS
- 24.4 ADJUVANTS PLUS INC
- 24.4.1 BUSINESS OVERVIEW
- 24.4.2 PRODUCT OFFERINGS
- 24.5 AGRINOS
- 24.5.1 BUSINESS OVERVIEW
- 24.5.2 PRODUCT OFFERINGS
- 24.6 CORTEVA AGRISCIENCE
- 24.6.1 BUSINESS OVERVIEW
- 24.6.2 PRODUCT OFFERINGS
- 24.7 UPL LIMITED
- 24.7.1 BUSINESS OVERVIEW
- 24.7.2 PRODUCT OFFERINGS
- 24.8 SYNGENTA INTERNATIONAL AG
- 24.8.1 BUSINESS OVERVIEW
- 24.8.2 PRODUCT OFFERINGS
- 24.9 ATLANTICA AGRICOLA
- 24.9.1 BUSINESS OVERVIEW
- 24.9.2 PRODUCT OFFERINGS
- 24.10 NEUDORFF
- 24.10.1 BUSINESS OVERVIEW
- 24.10.2 PRODUCT OFFERINGS
- 24.11 FMC CORPORATION
- 24.11.1 BUSINESS OVERVIEW
- 24.11.2 PRODUCT OFFERINGS
- 24.12 CERTIS USA LLC
- 24.12.1 BUSINESS OVERVIEW
- 24.12.2 PRODUCT OFFERINGS
- 24.13 BIOWORKS INC
- 24.13.1 BUSINESS OVERVIEW
- 24.13.2 PRODUCT OFFERINGS
- 24.14 KIWA BIO-TECH PRODUCTS GROUP CORPORATION
- 24.14.1 BUSINESS OVERVIEW
- 24.14.2 PRODUCT OFFERINGS
- 24.15 IPL BIOLOGICALS
- 24.15.1 BUSINESS OVERVIEW
- 24.15.2 PRODUCT OFFERINGS
- 24.16 ANDERMATT BIOCONTROL AG
- 24.16.1 BUSINESS OVERVIEW
- 24.16.2 PRODUCT OFFERINGS
- 24.17 VALENT BIOSCIENCES
- 24.17.1 BUSINESS OVERVIEW
- 24.17.2 PRODUCT OFFERINGS
- 25 REPORT SUMMARY
- 25.1 KEY TAKEAWAYS
- 25.2 STRATEGIC RECOMMENDATIONS
- 26 QUANTITATIVE SUMMARY
- 26.1 MARKET BY GEOGRAPHY
- 26.2 MARKET BY PRODUCT
- 26.3 MARKET BY SUB-PRODUCT
- 26.4 MARKET BY APPLICATION
- 26.5 MARKET BY CROPS TYPES
- 27 APPENDIX
- 27.1 ABBREVIATIONS
Pricing
Currency Rates
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