[Research Report] The agricultural biological market accounted to US$ 7,148.8 Mn in 2018 and is expected to grow at a CAGR of 12.9% during the forecast period 2019 - 2027, to account to US$ 21,141.0 Mn by 2027.
The North America region accounted for the largest market share in the global agricultural biological market. The growth of the agricultural biological market in this region is primarily attributed to a shift of consumer’s preference towards organic food products coupled with rising investments in research and developments activities, favorable government initiatives towards promotion of sustainable practices and increasing health awareness are the major factors driving the market in North America region.
Market Insights
Increase in adoption of natural products over synthetic products has led to the growth of agricultural biological market
Agricultural biological are increasingly being used as a replacement of synthetic or chemical plant protection products like chemical pesticides, fungicides or insecticides. Agricultural biological products like biopesticides, biostimulants, and biofertilizers serve as a natural product which lead to soil health development, plant’s disease control, enhancement of nutrient uptake, plant growth enhancement, and various others. The demand for agricultural biological products is growing over other synthetic products owing to its minimal costs, low environmental impacts, and a low risk of product resistance towards the pests.
Rising demand of healthy food products in Asia Pacific region will create growth opportunities for the global agricultural biological market
Growing awareness and demand for healthier crop food products in the developed counties such as China, India, Japan, and South Korea have promoted the manufacturers to produce agricultural biological products. Also, developing nations in the Asia Pacific exhibit huge potential and growth prospects for the agricultural biological products due to change in lifestyle, rise in middle-class population, growth in disposable income and an increase in awareness about healthier products.
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Application Mode Insights
Based on application mode, the global agricultural biological market has been segmented into foliar sprays, soil treatment, and seed treatment. The seed treatment segment led to the global agricultural biological market. Seeds are treated with the help of insecticides, fungicides, etc. to protect them from seed-borne pathogenic organisms. Seeds are also subjected to exposure of solar energy or immersion in conditioned water. It provides various advantages such as improved germination, control of insects present in the soil, prevention of plant diseases, early growth and establishment, and protection from seedling blights and seed rot. Seeds can be treated with various procedure types such as seed dressing, seed pelleting, and seed coating.
Source Insights
The global agricultural biological market is bifurcated on the basis of source into microbial, biochemicals, and others. The microbials segment accounted for the largest share in the global agricultural biological market. Microbials are small bacterial and fungal organisms which can be categorized into fungi, bacteria, viruses, protozoa, etc. It improves the soil’s nutrient uptake, offering insect control for protection against diseases, and enhance yield. It helps in absorption of essential nutrients like nitrogen, potassium, phosphorus, and sulphur, and are widely known for solving fundamental agricultural problems such as plant health control, crop productivity, and soil’s health maintenance along with environmental concerns such as soil and water bioremediation from inorganic and organic contaminants.
Merger and acquisition, new product development and others were observed as the most adopted strategies in global agricultural biological market. Few of the recent developments in the global agricultural biological market are listed below:
- 2018:BASF SE completed the acquisition of Bayer AG in order to strengthen its seed platform and complements the recently expanded agricultural solutions portfolio.
- 2018:Koppert Biological Systems recently announced the introduction of its new NatuGro System in the California strawberry market.
- 2018:Marrone Bio Innovations, Inc. launched TerraConnect which is a new global biological soil applied and seed treatment platform and delivers growers high performance products as well as a broad range of valuable tools to improve and protect crops.
Agricultural Biologicals Market Report ScopeAgricultural Biological Market Regional Insights
Agricultural Biological Market Regional Insights
The regional trends and factors influencing the Agricultural Biological Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Agricultural Biological Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
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Agricultural Biological Market Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2018 | US$ 7.15 Billion |
Market Size by 2027 | US$ 21.14 Billion |
Global CAGR (2018 - 2027) | 12.9% |
Historical Data | 2016-2017 |
Forecast period | 2019-2027 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Market Players Density: Understanding Its Impact on Business Dynamics
The Agricultural Biological Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Agricultural Biological Market are:
- BASF SE
- Biolchim S.p.A.
- Certis U.S.A. LLC
- DowDuPont Inc.
- Isagro S.p.A
Disclaimer: The companies listed above are not ranked in any particular order.
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GLOBAL AGRICULTURAL BIOLOGICAL MARKET SEGMENTATION
By Type
• Biopesticides• Biostimulants• BiofertilizersBy Source
• Microbials• Biochemicals• OthersBy Application Mode
• Foliar Sprays• Soil Treatment• Seed TreatmentBy Application
• Cereals and Grains• Oilseeds and Pulses• Fruits and Vegetables• OthersBy Geography
North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Asia Pacific
- Australia
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
South America
- Brazil
- Argentina
- Rest of South America (SAM)
Company Profiles
- BASF SE
- Biolchim S.p.A.
- Certis U.S.A. LLC
- DowDuPont Inc.
- Isagro S.p.A
- Koppert Biological Systems
- Marrone Bio Innovations, Inc.
- Syngenta
- UPL
- Valent BioSciences LLC
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type , Source , Application Mode , Application and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
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The List of Companies - Agricultural Biological Market
- BASF SE
- Biolchim S.p.A.
- Certis U.S.A. LLC
- DowDuPont Inc.
- Isagro S.p.A
- Koppert Biological Systems
- Marrone Bio Innovations, Inc.
- Syngenta
- UPL
- Valent BioSciences LLC