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Agricultural Biologicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Report Format: PDF+Excel | Report ID: SR112023A2317
Market Overview:
The global agricultural biologicals market size reached US$ 12.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 28.3 Billion by 2028, exhibiting a growth rate (CAGR) of 15% during 2023-2028.
Agricultural biologicals are plant protection products derived from organic matter, such as microorganisms, insects and from plant or animal extracts. They are applied to the soil for protecting crops from pests, weeds, diseases, and to enhance their yield by improving nutrient uptake. Besides this, they assist in residue and resistance management, restoring mineral and microbial balance, and increase the carbon levels and water holding capacity of the soil. Nowadays, agricultural biologicals are used as an integral part of integrated pest management (IPM) to maintain a balance between the physical, biological and chemical aspects of the soil.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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With the rapidly growing population, there is a significant scarcity of arable land and a simultaneous rise in the demand for agro-based products. This represents one of the key factors influencing the sales of agricultural biologicals across the globe. Moreover, the rising awareness about the harmful impact of chemical-based fertilizers is escalating the demand for organic food products. This, in confluence with the increasing concerns for soil health, agricultural sustainability and environmental safety, is propelling the uptake of agricultural biologicals among farmers. Furthermore, several governing agencies, as well as non-profit organizations (NGOs), are encouraging the usage of agricultural biologicals to support diversity in modern farming practices. Apart from this, the versatile functions of agriculture biologicals in both organic and conventional crop production systems, along with increasing investments by the leading players in research and development (R&D) projects, are expected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global agricultural biologicals market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, source, mode of application and application.
Breakup by Type:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- Biopesticides
- Biofertilizers
- Biostimulants
Breakup by Source:
- Microbials
- Macrobials
- Biochemicals
- Others
Breakup by Mode of Application:
- Foliar Spray
- Soil Treatment
- Seed Treatment
- Post-harvest
Breakup by Application:
- Cereals and Grains
- Oilseed and Pulses
- Fruits and Vegetables
- Turf and Ornamentals
- Others
Breakup by Region:
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- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Agri Life, Agrinos Inc., Arysta LifeScience Corporation (UPL Limited), BASF SE, Bayer AG, Isagro (PI Industries), Marrone Bio Innovations Inc., Novozymes A/S, Syngenta AG, The Dow Chemical Company, Valagro and Valent U.S.A. LLC (Sumitomo Chemical Co. Ltd.).
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Type, Source, Mode of Application, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Agri Life, Agrinos Inc., Arysta LifeScience Corporation (UPL Limited), BASF SE, Bayer AG, Isagro (PI Industries), Marrone Bio Innovations Inc., Novozymes A/S, Syngenta AG, The Dow Chemical Company, Valagro and Valent U.S.A. LLC (Sumitomo Chemical Co. Ltd.) |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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