Agricultural Biologicals Industry Analysis, Key Player, Statistics, Revenue Ratio, Region, Forecast
Market Overview
Agriculture biologicals are produced from organic sources
such as agricultural waste, manure, biological matter, and microorganisms. They
offer excellent properties such as stimulating soil microbial function,
activating plant physiology, and adjusting nutrients and pH. These natural
fertilizers are a favorable substitute for chemical fertilizers, which protect
crops from rodents, pests, and plant diseases.
Competitive Analysis
Some of the key players operating in the global agricultural
biologicals market are DowDuPont (US), Isagro SpA (Italy), Novozymes
(Denmark), Marrone Bio Innovations (US), Bayer AG (Germany), Syngenta
(Switzerland), Monsanto Company (US), BASF SE (Germany), Valent Biosciences LLC
(US), Koppert B.V. (Netherlands), Certis USA L.L.C (Colombia), Agrinos
(US), and Arysta LifeScience Corporation (US).
The global agricultural biologicals market has been
segmented on the basis of type, source, mode of application, application,
and region. By type, the global market has been classified into biopesticides,
biofertilizers, bio-stimulants, and others. Among these, the
biopesticides segment led the market in 2017 owing to the rising innovations in
biopesticides, cost-effectiveness, and improved yield of harvest. Biopesticides
act only on the target pest and don’t affect the fertility of the soil. The
bio-fertilizers segment is projected to grow at a robust CAGR in the coming
years due to its enhanced fertility and safe nature when compared to chemical
fertilizers, such as urea.
Based on source, the global agricultural biologicals
market has been divided into microbials, biochemicals, and biorationals.
Biochemicals are projected to grow at an encouraging CAGR during the forecast
period due to its easy availability and cost-effectiveness.
On the basis of application, the global agricultural
biologicals market has been classified into cereals and grains, fruits and
vegetables, oilseeds and pulses, cash crops, and others. Among these, cereals
and grains segment dominated the market in 2017 owing to increasing population
and staple diet of emerging economies such as India, China, and Japan. Fruits
and vegetable segment is projected to grow at a high CAGR during the assessment
period owing to the growing demand for fruits in North America and Europe.
By mode of application, the global agricultural
biologicals market size has been segmented into foliar spray, soil
treatment, and seed treatment. In 2017, foliar spray treatment dominated the
market owing to easy absorption of nutrients and good yield. Seed treatment is
projected to grow at a healthy CAGR during the review period owing to the
increased productivity and cost-effectiveness.
Market Segmentation
The global agricultural biologicals type market has been
segmented on the basis of type, source, mode of application, application, and
region.
Based on type, the global agricultural biologicals market
has been segregated into biopesticides, biofertilizers, bio-stimulants, and
others.
By source, the global agricultural biologicals market has
been categorized as microbials, biochemicals, and biorationals.
On the basis of application, the global agricultural
biologicals market has been segregated into foliar spray, soil treatment, and
seed treatment.
By application, the global agricultural biologicals industry
size has been divided into cereals and grains, oilseeds and pulses, fruits and
vegetables, cash crops and others.
The global market has been analyzed across five key regions,
namely, Asia-Pacific, North America, Latin America, Europe, and the Middle East
& Africa.
Access Report Details @ https://www.marketresearchfuture.com/reports/agricultural-biologicals-market-6629
Regional Analysis
The global agricultural
biologicals industry analysis for five key regions, namely, Asia-Pacific,
North America, Latin America, Europe, and the Middle East & Africa.
The North American market dominated the agricultural
biologicals industry analysis in 2017 and is projected to continue its
dominance during the forecast period. The US is the leading country in the
region owing to the presence of leading manufacturers such as Monsanto Company,
Agrinos, and Arysta Life Science Corporation. The market for Asia-Pacific is
projected to grow at the highest CAGR in the coming years and is estimated to
show the same trend during the following years. China and India are the
prominent countries adopting agricultural biologicals owing to large consumer
base and increasing agri-business. Japan and Australia & New Zealand are
other countries contributing to the regional market growth.
NOTE: Our Team of Researchers are Studying Covid19 and
its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of Wantstats Research and
Media Private Limited),
Comments
Post a Comment