Agricultural Inoculants Market: By Type of Inoculant (Plant Resistant Stimulants,Bio Control Agents,Plant Growth Promoting Agents), By Source of Inoculate (Bacteria,Fungus,Others), By Mode of Application (Seed Inoculation,Soil Inoculation), By Crop Type (Fruits and Vegetables, Pulses and Oilseed, Cereals and Grains, Others), By Geography

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Agricultural Inoculants Market size was valued at USD 983.6 Million in 2022 and is anticipated to grow at a CAGR of 7.3 % over 2023-2029. Agricultural inoculants also known as soil or microbial inoculants encompass a diverse range of biological formulations that introduce beneficial microorganisms, such as bacteria and fungi, to soil or plant systems. These microorganisms establish symbiotic relationships with plants, aiding in nutrient uptake, disease suppression, and overall plant growth. The rising demand for organic foods is a significant driver propelling the growth of the agricultural inoculants market. As consumers increasingly prioritize healthier and environmentally friendly food options, the demand for organic produce has surged. Agricultural inoculants play a pivotal role in meeting the strict standards of organic farming by promoting soil health, enhancing nutrient availability, and reducing the reliance on synthetic chemicals. Their eco-friendly nature aligns perfectly with the principles of organic farming, and as the organic food industry continues to expand, the need for effective and sustainable solutions like agricultural inoculants is expected to grow.

Moreover, environmental concerns are a driving force behind the revenue growth of the agricultural inoculants market. As the negative environmental impacts of conventional agricultural products including synthetic fertilizers and pesticides become increasingly evident, there is a growing need for sustainable alternatives that minimize soil degradation, chemical runoff, and ecosystem disruption. Agricultural inoculants offer a solution by promoting natural processes within the soil, improving nutrient cycling, and enhancing overall soil health. However, farmers may not be fully aware of the benefits and proper application of agricultural inoculants, which can hinder the growth of the market. Meanwhile, continued research and development in biotechnology offer opportunities to identify and develop novel microbial strains with enhanced capabilities, such as improved nutrient uptake, disease resistance, and stress tolerance. Key market players are adopting innovative strategies to develop novel solutions to cater to the agriculture sector. For instance, in July 2023, Lallemand Plant Care launched a new liquid inoculant, LALRISE START SC, in Canada.

Agricultural Inoculants Market Key Developments:   

  • In July 2022, Lallemand Plant Care developed a new granular inoculant that combines two rhizobium strains with a plant growth-promoting microorganism (PGPM), Bacillus velezensis.
  • In May 2022, Lavie Bio launched its bio-inoculant result for the 2022 spring wheat growing season.

Agricultural Inoculants Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

7.3%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Agricultural Inoculants Market Dynamics

Increase in the global population increasing the food requirements worldwide. Thus, there is demand for production of the healthy crop with the increased output is generated. According to the United Nations Department of Economic and Social Affairs estimates that world population expected to reach 8.1 Bn by the year 2026. Aforementioned factors expected to boost the global agricultural inoculants market over the forecast period. Furthermore, advancements in agricultural microbial inoculants, rise in environmental concerns and adaptation of the eco-friendly forming are expected to bolster the market share over the forecast period. However, disadvantages such as shelf life and lack of awareness are expected to hamper the market growth during the forecast period.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Agricultural Inoculants Market Segmentation

By Type of Inoculant
  • Plant Resistant Stimulants
  • BioControl Agents
  • Plant Growth Promoting Agents
By Source of Inoculate
  • Bacteria
  • Fungus
  • Others
By Mode of Application
  • Seed Inoculation
  • Soil Inoculation
By Crop Type
  • Fruits and Vegetables
  • Pulses and Oilseed
  • Cereals and Grains
  • Others
By Geography
  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Frequently Asked Questions

Increasing global emphasis on sustainable farming practices and partnerships and collaborations are some of the key opportunities for companies to enhance their revenue over the forecast years.

The development of multifunctional inoculants is one of the major trends in the agricultural inoculants market.

The Agricultural Inoculants Market key players ABM (Advanced Biological Marketing Inc.) (U.S.), Bayer AG (Germany), BASF SE (Germany), Novozymes (Denmark), I. du Pont de Nemours and Company (U.S.), BIO-CAT (U.S.), XiteBio Technologies (U.S.), Verdesian Life Sciences (U.S.)

  1. Executive Summary
  2. Global Agricultural Inoculants Market Introduction
    • Global Agricultural Inoculants Market - Taxonomy
    • Global Agricultural Inoculants Market -Definitions
      • Type of Inoculant
      • Source of Inoculate
      • Mode of Application
      • Crop Type
  3. Global Agricultural Inoculants Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Agricultural Inoculants Market Dynamic Factors - Impact Analysis
    • Global Agricultural Inoculants Market - Competition Landscape
    • Epidemiology
  4. Global Agricultural Inoculants Market Analysis, 2018-2022 and Forecast, 2023-2029
    • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market OpportunityAnalysis
  5. Global Agricultural Inoculants Market, By Type of Inoculant, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Plant Resistant Stimulants
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • BioControl Agents
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Plant Growth Promoting Agents
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Agricultural Inoculants Market Forecast, By Source of Inoculate,2018-2022 and Forecast, 2023-2029
    • Bacteria
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Fungus
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Agricultural Inoculants Market Forecast, By Mode of Application, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Seed Inoculation
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Soil Inoculation
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Agricultural Inoculants Market Forecast, By Crop Type, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Fruits and Vegetables
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Pulses and Oilseed
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Cereals and Grains
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Agricultural Inoculants Market Forecast, By Region, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Agricultural Inoculants Market - Opportunity Analysis Index, By Type of Inoculant, By Source of Inoculate, By Mode of Application, By Crop Type and Region, 2023-2029
  2. North America Agricultural Inoculants Market Analysis,2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Type of Inoculant Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Plant Resistant Stimulants
      • BioControl Agents
      • Plant Growth Promoting Agents
    • Source of Inoculate Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Bacteria
      • Fungus
      • Others
    • Mode of Application Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Seed Inoculation
      • Soil Inoculation
    • Crop Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Fruits and Vegetables
      • Pulses and Oilseed
      • Cereals and Grains
      • Others
    • Country Analysis 2016 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America Agricultural Inoculants Market - Opportunity Analysis Index, By Type of Inoculant, By Source of Inoculate, By Mode of Application, By Crop Type and Region, 2023-2029
    • North America Agricultural Inoculants Market Dynamics - Trends
  3. Europe Agricultural Inoculants Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Type of Inoculant Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Plant Resistant Stimulants
      • BioControl Agents
      • Plant Growth Promoting Agents
    • Source of Inoculate Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Bacteria
      • Fungus
      • Others
    • Mode of Application Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Seed Inoculation
      • Soil Inoculation
    • Crop Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Fruits and Vegetables
      • Pulses and Oilseed
      • Cereals and Grains
      • Others
    • Country Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Agricultural Inoculants Market - Opportunity Analysis Index, By By Type of Inoculant, By Source of Inoculate, By Mode of Application, By Crop Type and Region, 2023-2029
    • Europe Agricultural Inoculants Market Dynamics - Trends
  4. Asia-Pacific Agricultural Inoculants Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Type of Inoculant Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Plant Resistant Stimulants
      • BioControl Agents
      • Plant Growth Promoting Agents
    • Source of Inoculate Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Bacteria
      • Fungus
      • Others
    • Mode of Application Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Seed Inoculation
      • Soil Inoculation
    • Crop Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Fruits and Vegetables
      • Pulses and Oilseed
      • Cereals and Grains
      • Others
    • Country Analysis2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Agricultural Inoculants Market - Opportunity Analysis Index, By Type of Inoculant, By Source of Inoculate, By Mode of Application, By Crop Type and Region, 2023-2029
    • Asia-Pacific Agricultural Inoculants Market Dynamics - Trends
  5. Latin America Agricultural Inoculants Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Type of Inoculant Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Plant Resistant Stimulants
      • BioControl Agents
      • Plant Growth Promoting Agents
    • Source of Inoculate Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Bacteria
      • Fungus
      • Others
    • Mode of Application Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Seed Inoculation
      • Soil Inoculation
    • Crop Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Fruits and Vegetables
      • Pulses and Oilseed
      • Cereals and Grains
      • Others
    • Country Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Agricultural Inoculants Market - Opportunity Analysis Index, By Type of Inoculant, By Source of Inoculate, By Mode of Application, By Crop Type and Region, 2023-2029
    • Latin America Agricultural Inoculants Market Dynamics - Trends
  6. Middle East and Africa Agricultural Inoculants Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Type of Inoculant Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Plant Resistant Stimulants
      • BioControl Agents
      • Plant Growth Promoting Agents
    • Source of Inoculate Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Bacteria
      • Fungus
      • Others
    • Mode of Application Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Seed Inoculation
      • Soil Inoculation
    • Crop Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Fruits and Vegetables
      • Pulses and Oilseed
      • Cereals and Grains
      • Others
    • Country Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Agricultural Inoculants Market - Opportunity Analysis Index, By Type of Inoculant, By Source of Inoculate, By Mode of Application, By Crop Type and Region, 2023-2029
    • MEA Agricultural Inoculants Market Dynamics - Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Drug Class& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • ABM (Advanced Biological Marketing Inc.) (U.S.)
      • Bayer AG (Germany)
      • BASF SE (Germany)
      • Novozymes (Denmark)
      • du Pont de Nemours and Company (U.S.)
      • BIO-CAT (U.S.)
      • XiteBio Technologies (U.S.)
      • Verdesian Life Sciences (U.S.)
  1. Research Methodology
  2. Key Assumptions and Acronyms
  • ABM (Advanced Biological Marketing Inc.) (U.S.)
  • Bayer AG (Germany)
  • BASF SE (Germany)
  • Novozymes (Denmark)
  • I. du Pont de Nemours and Company (U.S.)
  • BIO-CAT (U.S.)
  • XiteBio Technologies (U.S.)
  • Verdesian Life Sciences (U.S.)

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