Soil Inoculants Market SWOT Analysis by 2031
The Soil Inoculants Market is expected to register a CAGR of 7.91% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The Soil Inoculants Market is categorized by type into the following subsegments: Bacterial Inoculants, Fungal Inoculants. It further presents an analysis based on crop type, i.e., Oilseeds and Pulses, Cereals and Grains, Fruits and Vegetables, and Others. The global analysis is broken down at the regional level and major countries. The market evaluation is presented in US$ for the above segmental analysis.
Purpose of the ReportThe report Soil Inoculants Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Soil Inoculants Market Segmentation
Type- Bacterial Inoculants
- Fungal Inoculants
- Oilseeds and Pulses
- Cereals and Grains
- Fruits and Vegetables
- Others
Strategic Insights
Soil Inoculants Market Growth Drivers- Increasing Organic Farming: Organic farming is gaining popularity due to the complete avoidance of synthetic fertilizers and pesticides. Organic farming increases the demand for soil inoculants that increase soil health and fertility.
- Demand for Sustainable Agriculture Practices: With issues related to soil degradation, climate change, and reduced arable land affecting farmers, the use of soil inoculants as an eco-friendly alternative to traditional farming methods helps provide a boost to market growth.
- Government Support for Sustainable Agriculture: The support of governments for sustainable agriculture practices is provided through subsidies and other initiatives that promote the use of biological products such as soil inoculants to promote soil quality and crop yields.
- Biological Solutions for Soil Health: Increasing on-farm use of beneficial bacteria and fungi to build or improve soil structure, enhance nutrient availability, and increase crop production while using less chemical fertilizer.
- Microbial inoculants: The use of certain specific microbes-such as nitrogen-fixing bacteria or mycorrhizal fungi-that favor soil health and plant development is gaining importance as farmers pay heed to improving the biodiversity of soil.
- Developed Inoculant Formulations: Companies are working on more advanced formulations of soil inoculants, a formulation that would have a higher concentration of beneficial microorganisms, will be longer shelf-life, and be more effective in a variety of soil types and climatic conditions.
- Rising Demand for Crop Production: Growth in world food demand, particularly in developing countries, creates huge market opportunities in products that increase crop yields, among them soil inoculants.
- Technological progress: The production of a better and more efficient soil inoculant product, including specific soil conditions or tailored crops, is another avenue for market expansion.
- Education and Awareness: There is a great opportunity to increase the use of soil inoculants as farmers become educated and sensitized to the benefits of biological farming, particularly in areas where there is strong entrenched practice still remaining.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Soil Inoculants Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Soil Inoculants Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The market is expected to register a CAGR of 7.91% during 2023–2031.
Main driving factors include the growing demand for ecologically friendly agricultural solutions, government policies in favor of organic farming, and the rising need for healthy soils that enhance crop yields.
Key trends in the market include developing more bio-based and natural soil inoculants as well as integrating digital technologies for the better management of soil health.
Major Players includes: Advanced Biological Marketing Inc., BASF SE, Bayer AG, Brettyoung, Corteva, Inc., Italpollina S.p.A., Novozymes A/S, Rizobacter Argentina S.A., Soil Technologies Corporation, Cargill Incorporated,
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Soil Inoculants Market - By Type
1.3.2 Soil Inoculants Market - By Crop Type
1.3.3 Soil Inoculants Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SOIL INOCULANTS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. SOIL INOCULANTS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. SOIL INOCULANTS MARKET - GLOBAL MARKET ANALYSIS
6.1. SOIL INOCULANTS - GLOBAL MARKET OVERVIEW
6.2. SOIL INOCULANTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SOIL INOCULANTS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. BACTERIAL INOCULANTS
7.3.1. Overview
7.3.2. Bacterial Inoculants Market Forecast and Analysis
7.4. FUNGAL INOCULANTS
7.4.1. Overview
7.4.2. Fungal Inoculants Market Forecast and Analysis
8. SOIL INOCULANTS MARKET - REVENUE AND FORECASTS TO 2028 - CROP TYPE
8.1. OVERVIEW
8.2. CROP TYPE MARKET FORECASTS AND ANALYSIS
8.3. OILSEEDS AND PULSES
8.3.1. Overview
8.3.2. Oilseeds and Pulses Market Forecast and Analysis
8.4. CEREALS AND GRAINS
8.4.1. Overview
8.4.2. Cereals and Grains Market Forecast and Analysis
8.5. FRUITS AND VEGETABLES
8.5.1. Overview
8.5.2. Fruits and Vegetables Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. SOIL INOCULANTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Soil Inoculants Market Overview
9.1.2 North America Soil Inoculants Market Forecasts and Analysis
9.1.3 North America Soil Inoculants Market Forecasts and Analysis - By Type
9.1.4 North America Soil Inoculants Market Forecasts and Analysis - By Crop Type
9.1.5 North America Soil Inoculants Market Forecasts and Analysis - By Countries
9.1.5.1 United States Soil Inoculants Market
9.1.5.1.1 United States Soil Inoculants Market by Type
9.1.5.1.2 United States Soil Inoculants Market by Crop Type
9.1.5.2 Canada Soil Inoculants Market
9.1.5.2.1 Canada Soil Inoculants Market by Type
9.1.5.2.2 Canada Soil Inoculants Market by Crop Type
9.1.5.3 Mexico Soil Inoculants Market
9.1.5.3.1 Mexico Soil Inoculants Market by Type
9.1.5.3.2 Mexico Soil Inoculants Market by Crop Type
9.2. EUROPE
9.2.1 Europe Soil Inoculants Market Overview
9.2.2 Europe Soil Inoculants Market Forecasts and Analysis
9.2.3 Europe Soil Inoculants Market Forecasts and Analysis - By Type
9.2.4 Europe Soil Inoculants Market Forecasts and Analysis - By Crop Type
9.2.5 Europe Soil Inoculants Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Soil Inoculants Market
9.2.5.1.1 Germany Soil Inoculants Market by Type
9.2.5.1.2 Germany Soil Inoculants Market by Crop Type
9.2.5.2 France Soil Inoculants Market
9.2.5.2.1 France Soil Inoculants Market by Type
9.2.5.2.2 France Soil Inoculants Market by Crop Type
9.2.5.3 Italy Soil Inoculants Market
9.2.5.3.1 Italy Soil Inoculants Market by Type
9.2.5.3.2 Italy Soil Inoculants Market by Crop Type
9.2.5.4 United Kingdom Soil Inoculants Market
9.2.5.4.1 United Kingdom Soil Inoculants Market by Type
9.2.5.4.2 United Kingdom Soil Inoculants Market by Crop Type
9.2.5.5 Russia Soil Inoculants Market
9.2.5.5.1 Russia Soil Inoculants Market by Type
9.2.5.5.2 Russia Soil Inoculants Market by Crop Type
9.2.5.6 Rest of Europe Soil Inoculants Market
9.2.5.6.1 Rest of Europe Soil Inoculants Market by Type
9.2.5.6.2 Rest of Europe Soil Inoculants Market by Crop Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Soil Inoculants Market Overview
9.3.2 Asia-Pacific Soil Inoculants Market Forecasts and Analysis
9.3.3 Asia-Pacific Soil Inoculants Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Soil Inoculants Market Forecasts and Analysis - By Crop Type
9.3.5 Asia-Pacific Soil Inoculants Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Soil Inoculants Market
9.3.5.1.1 Australia Soil Inoculants Market by Type
9.3.5.1.2 Australia Soil Inoculants Market by Crop Type
9.3.5.2 China Soil Inoculants Market
9.3.5.2.1 China Soil Inoculants Market by Type
9.3.5.2.2 China Soil Inoculants Market by Crop Type
9.3.5.3 India Soil Inoculants Market
9.3.5.3.1 India Soil Inoculants Market by Type
9.3.5.3.2 India Soil Inoculants Market by Crop Type
9.3.5.4 Japan Soil Inoculants Market
9.3.5.4.1 Japan Soil Inoculants Market by Type
9.3.5.4.2 Japan Soil Inoculants Market by Crop Type
9.3.5.5 South Korea Soil Inoculants Market
9.3.5.5.1 South Korea Soil Inoculants Market by Type
9.3.5.5.2 South Korea Soil Inoculants Market by Crop Type
9.3.5.6 Rest of Asia-Pacific Soil Inoculants Market
9.3.5.6.1 Rest of Asia-Pacific Soil Inoculants Market by Type
9.3.5.6.2 Rest of Asia-Pacific Soil Inoculants Market by Crop Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Soil Inoculants Market Overview
9.4.2 Middle East and Africa Soil Inoculants Market Forecasts and Analysis
9.4.3 Middle East and Africa Soil Inoculants Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Soil Inoculants Market Forecasts and Analysis - By Crop Type
9.4.5 Middle East and Africa Soil Inoculants Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Soil Inoculants Market
9.4.5.1.1 South Africa Soil Inoculants Market by Type
9.4.5.1.2 South Africa Soil Inoculants Market by Crop Type
9.4.5.2 Saudi Arabia Soil Inoculants Market
9.4.5.2.1 Saudi Arabia Soil Inoculants Market by Type
9.4.5.2.2 Saudi Arabia Soil Inoculants Market by Crop Type
9.4.5.3 U.A.E Soil Inoculants Market
9.4.5.3.1 U.A.E Soil Inoculants Market by Type
9.4.5.3.2 U.A.E Soil Inoculants Market by Crop Type
9.4.5.4 Rest of Middle East and Africa Soil Inoculants Market
9.4.5.4.1 Rest of Middle East and Africa Soil Inoculants Market by Type
9.4.5.4.2 Rest of Middle East and Africa Soil Inoculants Market by Crop Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Soil Inoculants Market Overview
9.5.2 South and Central America Soil Inoculants Market Forecasts and Analysis
9.5.3 South and Central America Soil Inoculants Market Forecasts and Analysis - By Type
9.5.4 South and Central America Soil Inoculants Market Forecasts and Analysis - By Crop Type
9.5.5 South and Central America Soil Inoculants Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Soil Inoculants Market
9.5.5.1.1 Brazil Soil Inoculants Market by Type
9.5.5.1.2 Brazil Soil Inoculants Market by Crop Type
9.5.5.2 Argentina Soil Inoculants Market
9.5.5.2.1 Argentina Soil Inoculants Market by Type
9.5.5.2.2 Argentina Soil Inoculants Market by Crop Type
9.5.5.3 Rest of South and Central America Soil Inoculants Market
9.5.5.3.1 Rest of South and Central America Soil Inoculants Market by Type
9.5.5.3.2 Rest of South and Central America Soil Inoculants Market by Crop Type
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. SOIL INOCULANTS MARKET, KEY COMPANY PROFILES
11.1. ADVANCED BIOLOGICAL MARKETING INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BASF SE
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BAYER AG
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BRETTYOUNG
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. CORTEVA, INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ITALPOLLINA S.P.A.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. NOVOZYMES A/S
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. RIZOBACTER ARGENTINA S.A.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SOIL TECHNOLOGIES CORPORATION
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. VERDESIAN LIFE SCIENCES, LLC
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Advanced Biological Marketing Inc.
2. BASF SE
3. Bayer AG
4. Brettyoung
5. Corteva, Inc.
6. Italpollina S.p.A.
7. Novozymes A/S
8. Rizobacter Argentina S.A.
9. Soil Technologies Corporation
10. Verdesian Life Sciences, LLC
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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