Global Agricultural Microbial Market Forecast 2019-2028

Global Agricultural Microbial Market Forecast 2019-2028

The global agricultural microbial market is anticipated to grow at a CAGR of 7.80% during the forecast years of 2019-2028. The factors stimulating market growth are increasing food and safety demand, rise in agrochemicals costs, proactive government initiatives, and the popularity of organic farming.

Agriculture microbial are produced from natural micro-organisms such as fungi, protozoa, bacteria, viruses, among others. The excessively high costs involved in developing synthetic crop protection products are creating opportunities for market growth. The surge in agricultural production costs and an increase in the costs of pesticides and other agro-chemicals are causing anxiety for the farmers. However, the growing need for integrated pest management in agricultural operations in developing countries is driving the market.
One of the major challenges faced by the market is the low adoption rate of microbials. The microbials constitute 3% of the market compared with their synthetic equivalents. However, the microbial industry is predicted to grow with new products being launched rapidly. Biopesticides are comparatively new to the market, and it is imperative for growers to need to learn more about them. The players operating in the market are innovating and introducing new products with wide crop ranges, and undertaking licensing strategies, and aggressive marketing. Soil amendment is expected to record the highest growth rate in function segment over the forecast period. Microbials enhance nutrient content in the soil, while making the soil fertile, maintaining the soil structure, and preventing diseases.

The global agricultural microbial market is surveyed geographically across the regions of Europe, North America, Asia Pacific, and the Rest of the World. The Asia Pacific market region is expected to record the highest CAGR during the forecast period, owing to government campaigns to create awareness about organic farming, and encourage the use of microbial pesticides.

New products are being launched in the market, creating competition among the existing players in the market. Some of the several leading players of the highly consolidated and competitive market are BASF SE, Bayer CropScience AG, Syngenta AG, Valent BioSciences Corp, Chr. Hansen Holding A/S, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Market Definition
3.2. Key Drivers
3.2.1. Rise In Demand For Food And Safety
3.2.2. Surge In Cost Of Agrochemicals
3.2.3. Favorable Government Regulations
3.2.4. Acceptance Of Organic Farming
3.3. Key Restraints
3.3.1. Enhanced Target Pest Specificity
3.3.2. Lower Adoption Rate
4. Key Analytics
4.1. Key Investment Insights
4.2. Porter’s Five Force Analysis
4.2.1. Buyer Power
4.2.2. Supplier Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Opportunity Matrix
4.4. Vendor Landscape
5. Market By Type
5.1. Bacteria
5.1.1. Bacillus Thuringiensis
5.1.2. Rhizobium
5.1.3. Bacillus Subtilis
5.1.4. Other Bacteria
5.2. Fungus
5.2.1. Trichoderma Spp.
5.2.2. Mycorrhiza
5.2.3. Other Fungus
5.3. Virus
5.4. Other Types
6. Market By Function
6.1. Soil Amendment
6.2. Crop Protection
7. Market By Formulation
7.1. Dry Formulation
7.2. Liquid Formulation
8. Market By Mode Of Application
8.1. Soil Treatment
8.2. Foliar Spray
8.3. Seed Treatment
9. Market By Application
9.1. Cereals & Grains
9.2. Oilseeds
9.3. Fruits & Vegetables
9.4. Other Applications
10. Geographical Analysis
10.1. North America
10.1.1. United States
10.1.2. Canada
10.2. Europe
10.2.1. United Kingdom
10.2.2. Germany
10.2.3. France
10.2.4. Italy
10.2.5. Russia
10.2.6. Belgium
10.2.7. Poland
10.2.8. Rest Of Europe
10.3. Asia Pacific
10.3.1. China
10.3.2. Japan
10.3.3. India
10.3.4. South Korea
10.3.5. Indonesia
10.3.6. Thailand
10.3.7. Vietnam
10.3.8. Australia & New Zealand
10.3.9. Rest Of Asia Pacific
10.4. Rest Of World
10.4.1. Latin America
10.4.2. Middle East & Africa
11. Company Profiles
11.1. Basf Se
11.2. Syngenta Ag
11.3. Marrone Bio Innovations Inc
11.4. Valent Bioscience Corps
11.5. Bayer Cropscience Ag
11.6. Isagro S.P.A.
11.7. Chr. Hansen Holding A/S
11.8. Certis Usa Llc
11.9. Corteva Agriscience
11.10. Koppert Biological Systems
11.11. Lallemand Plant Care
11.12. Veredian Lifesciences Inc
11.13. Indigo Ag
11.14. Precision Laboratories Inc
11.15. Arysta Lifescience Limited (Upl)

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