Global Agricultural Biologicals Market

[Aarti Ghodke]

Global Agricultural Biologicals Market was valued at US$ 7.71 Bn in 2019 and is expected to reach 18.50 Bn by 2027, at a CAGR of 13.31 % during a forecast period.

 

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lockdown was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short-term and long-term impact on the market, same will help decision-makers to prepare the outline for short-term and long-term strategies for companies by region.

 

 

Global Agricultural Biologicals Market Dynamics

 

Agricultural biologicals are seed treatment products, which are extensively used to replace chemicals used in agriculture farming. These biologicals are used to prevent crops from pests, weeds, and diseases, thereby maintaining crops healthy.

The growing change in preferences for organic farming techniques from chemical-based farming is one of the key factors in the global agricultural biologicals market. With comparison to the chemical, agricultural biologicals the vital components of organic farming and are witnessing a rise in their demand owing to their chemical-free and eco-friendly properties. These biologicals are expected to boost soil fertility, which becoming the preferred choice for the farmers. Additionally, these agricultural inputs aid in enhancing soil fertility by fixing atmospheric nitrogen, solubilize the insoluble soil phosphates and produce plant growth materials in the soil.

Global Agricultural Biologicals Market Segment Analysis

 

The biopesticides segment is expected to dominate the global agricultural biologicals market. Biopesticides are better substitutes than chemical pesticides, which are derived from natural resources like bacteria and minerals. They are found extensively in agricultural practices and regulate the effects caused by weeds, pests, ticks, mites, slugs, and other insects on crops. The growing demand for organic products and the ability of biopesticides to lower scum management issues are projected to grow in the global agricultural biologicals market.

 

The foliar spray is the most widely used method to maximize production capacity. Increasing plants readily assimilate trace nutrients in a grouping with biologicals. The direct application on leaves is the furthermost effective way of supplying nutrients to plants, which results in superior productivity. Foliar spray fertilizers are a superior supplement to the nutritional requirements of plants. Foliar spray is the best solution for plants that are experiencing stress.

Global Agricultural Biologicals Market Regional Insights

 

The Asia Pacific is expected to witness significant growth in the global agricultural biologicals market during the forecast period. The growth in the market can be attributed to the growing demand for crop protection and crop nutrition products in the regional market, in line with the rising economic growth conditions. Some of the key players like Bayer, Monsanto, and Syngenta are focusing on tapping this potential market and also expanding their R&D centers across the region. Strict regulations on chemical usage have been limited in the agriculture industry across major countries and governments have been endorsing sustainable practices in developing countries like China and India.

 

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments and, projects the global agricultural biologicals market. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global agricultural biologicals market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.

Global Agricultural Biological Market, Key Highlights:

 

• Global Agricultural Biological Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints, and opportunities influencing the growth of the Global Agricultural Biological Market
• Global Agricultural Biological Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Agricultural Biological Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Agricultural Biological Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA), and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning, and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion, and competitive landscape of the key players operating in the Global Agricultural Biological Market are also profiled.

Global Agricultural Biologicals Market Key players

 

• Bayer Cropscience AG
• Syngenta
• Monsanto Bioag
• The DOW Chemical Company
• Marrone Bio Innovations Inc.
• Aristo Lifescience
• Certis USA LLC
• Koppert B.V.
• Valagro
• Biolchim
• Valent Biosciences Corporation
• Isagro SPA
• Novozyme A/S
• Arysta Lifescience Limited
• Certis USA LLC
• BASF SE
• Rizobacter Argentina
• UPL
• Valent Biosciences
• Koppert Biological systems

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