Agricultural Biologicals Market Size, Industry Analysis Report By Segmentation & Forecast By - 2033

 Agricultural Biologicals Market Size, Industry Analysis Report By Segmentation, Trends, Growth & Forecast By – 2033

Market Overview: -

The global Agricultural Biologicals market is presently worth USD 12,900 million and is expected to expand with a CAGR of 12.74% over 2023-2033, thereby amassing a valuation of USD 36,033 million by end of the forecast period.

Global Agricultural Biologicals Market- Description

Agricultural biologicals are referred to as a wide range of products that are used to aid crop production. These components are obtained from naturally occurring organic matters, microorganisms, plant extracts, and beneficial insects, among others. These products are also used to safeguard yields and crops from pest infestation. The rising environmental cognizance of the masses has increased the adoption of agricultural biologicals as a replacement for chemical based fertilizers and pesticides.

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The widespread population expansion which in turn is escalating the demand for food crops across the globe is one of the major factors augmenting the outlook of this marketplace. Alongside, rising environmental cognizance of the masses is creating lucrative opportunities for the industry to prosper. Furthermore, surging R&D investments and technological advancements in the field are adding momentum to the progression of this business sphere.

Also, growing incidences of pest infestation in crops and stringent regulations pertaining to the use of synthetic fertilizers across various nations are positively swaying the dynamics of this market. Moreover, rising focus of key players towards the development of natural crop protection products coupled with the increasing rates of environmental exploitation are aiding the expansion of this industry. On the contrary, the limited shelf life of biologics along with the high contamination risk associated with them are hindering the remuneration scope of this market.

Global Agricultural Biologicals Market- Key trends

  • Shifting consumer inclination towards organically produced consumables is fueling industry growth

There has been a shifting preference of the masses towards the consumption of organically produced food. This is mainly driven by their rising awareness about ill effects of synthetic fertilizers. Moreover, it is also evident that organic farming facilitates the production of safe, high quality, certified, and healthy food crops. These factors are adding traction to the development of this business vertical.

  • Increasing sustainability goals across major economies to boost market expansion

The major economies across the globe are adopting sustainable practices to aid environmental protection. Rapid urbanization and industrialization has not only increased the pollution levels but has also depleted energy resources. Therefore, the utilization of agricultural biologicals reduces the reliance of farmers on toxic chemicals. This in turn is augmenting the outlook of this marketplace.

Global Agricultural Biologicals Market- Segmental assessment

By Function

  • Biocontrol
  • Biostimulants
  • Biofertilizers

By Product type

  • Microbials
  • Macrobials
  • Semiochemicals
  • Natural Products

The microbials segment is expected to grow considerably over the forecast period ascribing to their high potential in preventing pest infestations.

By Mode of Application

  • Foliar spray
  • Soil treatment
  • Seed treatment

The foliar spray segment is slated to generate significant returns over 2023-2033 due to its highly absorbent nature.

By Crop type

  • Cereals and Grains
  • Oilseeds and Pulses
  • Fruits and vegetables

The fruits and vegetables segment is poised to amass notable gains over the stipulated timeline owing to the efficacy of agricultural biologicals like biostimulants in extending the shelf life and accelerating the growth of fruits and vegetables.

Global Agricultural Biologicals Market: Key Companies

  • BASF SE
  • Syngenta AG
  • Bayer AG
  • UPL
  • Marrone Bio Innovations, Inc.
  • Gowan Company
  • Vegalab SA
  • Lallemand Inc.
  • Valent Biosciences LLC
  • Koppert Biological System
  • Biovert S.L.
  • Trade Corporation International
  • Stockton Bio-AG
  • Biolchim SpA
  • Rizobacter
  • Symborg
  • Verdesian Life Sciences
  • Axeb Biotech
  • Plant Response
  • Pivot Bio

Regional Analysis:

Considering the geographical frame of reference, the business sphere is classified into North America, Middle East & Africa, South America, Europe, and Asia Pacific. Among these, North America is projected to capture a substantial revenue share over 2023-2033. The growth of the market in the North American region is attributable to the rising incidences of pest infestation on food crops, growing environmental awareness, and rapid technological advancements in the agricultural sector.

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Reasons to Purchase this Report:
The report provides quantitative and qualitative aspect for the market in terms of value and volume, along with supporting market trends, challenges, restraints.

The report provides an in-depth analysis from both production and consumption point of view at the regional and country level. Key Factors considered within the report scope are Production capacity by countries/regions, average price, consumption ratio, revenue earned and gross margin.

The report provides competitive analysis of around 30-50 companies operated in the market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:

§ Business Model

§ Production Capacity, Revenue, Sales, Gross Margin

§ Key Business Strategy

§ SWOT Analysis

In terms of competitive landscape, the report provides distinctive factors that would help the end user in taking a key decision within the business:

§ Company Share Analysis from 2018-2022

§ Company Analysis by Revenue and Sales

§ Company Production Capacity, Gross Margin

§ Company Share Analysis by Application/End Use

§ Company Share Analysis by Product/Specification

Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?

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