Market Size (2023 and Beyond)
-
2023The global agricultural biologicals market was valued at approximately $12-14 billion in 2023.
-
CAGRThe market is projected to grow at a Compound Annual Growth Rate (CAGR) of around 12-15% from 2023 to 2030.
-
2030 ProjectionBy 2030, the market is expected to reach $25-30 billion.
-
-
Key Drivers
-
Sustainability ConcernsGrowing emphasis on reducing chemical usage in agriculture to protect Soil health and biodiversity.
-
Organic FarmingIncreasing adoption of organic farming practices globally.
-
Regulatory SupportGovernments promoting the use of biologicals through subsidies and regulations.
-
Consumer DemandRising consumer preference for organic and chemical-free food products.
-
Technological AdvancementsInnovations in microbial and biochemical solutions for crop protection and enhancement.
Market Segmentation
-
By Type
-
BiopesticidesLargest segment due to their effectiveness in pest control with minimal environmental impact.
-
BiofertilizersGrowing demand for nitrogen-fixing and phosphate-solubilizing biofertilizers.
-
BiostimulantsIncreasing use to enhance crop yield and stress tolerance.
-
-
By Crop Type
-
Cereals & GrainsDominates the market due to high global production.
-
Fruits & VegetablesFastest-growing segment due to high-value crops and organic demand.
-
Oilseeds & PulsesSignificant growth due to increasing cultivation.
-
-
By Region
-
North AmericaLargest market due to advanced farming practices and high adoption of biologicals.
-
EuropeStrong growth driven by stringent regulations on chemical pesticides.
-
Asia-PacificFastest-growing region due to increasing population, rising food demand, and government initiatives.
-
Latin America and AfricaEmerging markets with growing awareness and adoption.
-
Key Players
-
Bayer AG
-
Syngenta AG
-
BASF SE
-
Corteva Agriscience
-
UPL Limited
-
Marrone Bio Innovations
-
Koppert Biological Systems
-
Valent BioSciences
Challenges
-
High CostsBiologicals can be more expensive than conventional chemical inputs.
-
Limited AwarenessFarmers in developing regions may lack knowledge about biologicals.
-
Regulatory HurdlesVaried regulations across countries can hinder market growth
Global agricultural biologicals market is expected to grow at a robust CAGR during the forecast period. The global agricultural biologicals market is driven by rising cases of pest attacks on crop plantations. In addition to this, crops are developing resistance towards some of the plant protection products, which is positively impacting the growth of market during the forecast period. Furthermore, these biologicals tend to protect crops from diseases, pests, among others, so that crops remain healthy, which is expected to bolster the growth of market over the next few years.
Major players operating in the global agricultural biologicals market include BASF SE, Isagro S.P.A., Syngenta Crop Protection AG, Bayer AG, UPL, Marrone Bio Innovations, Evogene Ltd, Vegalab S.A., Lallemand, Valent Biosciences, Stockton Bio-AG, Biolchim S.P.A., Rizobacter, Valagro, Koppert Biological Systems and others. The market players are adopting some competitive strategies such as new product developments, mergers & acquisitions, partnership, agreements in order to expand their geographic reach and to increase their customer bases.
Years considered for this report
Historical Years2015-2018
Base Year2019
Estimated Year2020
Forecast Period2021–2025
Objective of the Study
- To analyze and estimate the market size of global agricultural biologicals market from 2015 to 2018.
- To estimate and forecast the market size of global agricultural biologicals market from 2019 to 2025 and growth rate until 2025.
- To classify and forecast global agricultural biologicals market based on function, product type, mode off application, crop type, company and regional distribution.
- To identify dominant region or segment in the global agricultural biologicals market.
- To identify drivers and challenges for global agricultural biologicals market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global agricultural biologicals market.
- To conduct pricing analysis for global agricultural biologicals market.
- To identify and analyze the profile of leading players operating in global agricultural biologicals market.
- To identify key sustainable strategies adopted by market players in global agricultural biologicals market.
Download Free Sample Report
performed both primary as well as exhaustive secondary research for this study. Initially, sourced a list of manufacturers across the globe. Subsequently, conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, could include the manufacturers which could not be identified due to the limitations of secondary research. analyzed the manufacturers and presence of all major players across the globe.
calculated the market size of
Key Target Audience
- Agricultural biologicals manufacturers, suppliers, distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to agricultural biologicals
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as
Read More Releated Report-
rubber Market
Related Reports
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy