PUBLISHER: Value Market Research | PRODUCT CODE: 1352858
PUBLISHER: Value Market Research | PRODUCT CODE: 1352858
The global demand for Agricultural Biologicals Market is presumed to reach the market size of nearly USD 46.43 BN by 2030 from USD 14.34 BN in 2022 with a CAGR of 15.82% under the study period 2023 - 2030.
Agricultural biologicals are a group of products extracted from natural materials like plant extracts, microorganisms, and beneficial insects. Agricultural biological are used in agriculture farming instead of chemical fertilizers. These products are majorly used to protect crops and seeds from pests, weeds, and diseases, thereby maintaining yields healthy. Agricultural biologicals offer a broad range of solutions in farming to support farmers. The solution is a new innovation in agriculture treatment that focuses on increasing plant growth and product yield.
Increasing awareness of environmental protection and a rise in organic farming increases the demand for agricultural biologicals. The usage of chemical fertilizers in farming destroys soil health and productivity, thus increasing the growth of agricultural biological in the market. The organic farming trend has been growing over the last few years. The increase in awareness of health concerns increases the demand for growing organic fruits and vegetables. Organic farming results in high-quality and safe food that offers high economic and environmental benefits. Along with these, it provides and preserves a healthy ecosystem. By adopting organic practices in farming, farmers reduce their reliance on non-renewable energy and chemical use and save scarce resources. Moreover, the rising cost of synthetic fertilizers is also a key factor responsible for the growth of agricultural biological. Agricultural biological market opportunities include reducing chemical fertilizers and using non-renewable energy.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of agricultural biologicals. The growth and trends of agricultural biologicals industry provide a holistic approach to this study.
This section of the agricultural biologicals market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Agricultural Biologicals market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the agricultural biologicals market include BASF (Germany), Syngenta (Switzerland), Bayer AG (Germany), UPL (India), Marrone Bio Innovation, Inc (US), Gowan Company (US), Vegalab SA (Switzerland), Lallemand Inc (Canada), Valent Bioscience (US), Koppert Biologicals System (Netherlands), Biovert S.L. (Spain), Trade Corporation International (Spain), Stockton Bio AG (Israel), Biolchim SPA (Italy), and Rhizobacter (Argentina). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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