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Agricultural Microbial Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

Agricultural Microbial Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Global Agricultural Microbial Market: By Microbe Type (Bacteria, Fungi, Virus, and Protozoa), By Function (Soil Amendment and Crop Protection), By Mode of Application (Soil Treatment, Foliar Spray, and Seed Treatment), By Crop Type (Cereals and Grains, Oilseeds, Fruits and Vegetables, and Others), and Geography

 

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Report

Description

The global agricultural microbial market is expected to be valued at US$ 3,247.4 Mn in 2021 and grow at a CAGR of 13.4% over the forecast period to reach US$ Mn by 2028. owing to growing awareness and provision from number of agencies with respect to the custom of agronomic microbial. Furthermore, other factors such as rapid developments happening in agricultural sector and rising demand for high productivity coupled with favorable regulatory framework and support from the government are anticipated to drive the growth of the market. Rising demand for biopesticides and rising investments in research and development are expected to drive the growth of the market. However, lack of awareness among the farmers regarding the benefits of the agricultural microbial and various challenges are anticipated to restrain the growth of the market.

MARKET SUMMARY
-
13.4%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR–13.4%
  • Largest Market– North America
  • Fastest Growing Market– Asia-Pacific

Agricultural Microbial Market

  • The report on global agricultural microbial market gives historical, current, and future market sizes (US$ Mn) on the basis of microbe type, function, mode of application, crop type, and region.
  • This report studies global agricultural microbial market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • In addition, global agricultural microbial market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition.
  • Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).
  • Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global agricultural microbial products.
Market Key Players
  • BASF SE
  • Koppert BV
  • BioAg Alliance (Monsanto/Novozymes)
  • Syngenta AG
  • Certis USA LLC
  • Lallemand Plant Care
  • Precision Laboratories LLC
  • Bayer Cropscience AG
  • Marrone Bio Innovations Inc
  • Valent USA LLC
  • Hansen A/S
  • IsAgro SpA
  • DowDuPont Inc
  • Arysta Lifescience Limited
  • Verdesian Life Sciences LLC
Growth

Agricultural Microbial Market

The increasing need to feed an ever-growing global population, along with the growing demand for sustainable agricultural practices and the apprehension of the general public over ecological safety is one of the important driver for the growth of the market. By 2050, the global population is projected to be 9 Bn, where demand for food is going to be increased tremendously. The use of agricultural microbial would enhance the quality of the food and increase the capacity of the production which is expected to meet the demand of the customers over the forecast years.

North-America Got Significant Share

Agricultural Microbial Market

Global agricultural microbial market report gives comprehensive outlook on agricultural microbial across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.  North America is leading the global market and is expected to grow with significant CAGR owing increasing demand for the high production of agricultural crops and to protect or keep soil health intact. The evolvement of precision farming and modern agricultural practices are expected to enhance the production of the crop to meets the needs of the customers. Asia Pacific is expected to grow with highest CAGR over the forecast years owing to increasing population and decreasing agricultural land every years due to rapid urbanization in the region. To feed the customers across the region, the agricultural land is anticipated to generate high crop yield to fulfill the needs of the customers.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Key

KEY FEATURES OF THE REPORT

  • The report provides granular level information about the market size, regional market share, historic market (2016 to 2021) and forecast (2022 to 2028)
  • 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
Key

Key Findings of the Report

Agricultural Microbial Market Segmentation

segmentation-block-image

Microbe Type

    • Bacteria
    • Fungi
    • Virus
    • Protozoa
segmentation-block-image

Function

    • Soil Amendment
    • Crop Protection
segmentation-block-image

Mode of Application

    • Soil Treatment
    • Foliar Spray
    • Seed Treatment
segmentation-block-image

Crop Type

    • Cereals and Grains
    • Oilseeds
    • Fruits and Vegetables
    • Others
Location

GEOGRAPHY

Report

Table Of Content

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Report

Company Profile

Competition Assessment

Key player’s profiles in the global agricultural microbial market include:

  • BASF SE
  • Koppert BV
  • BioAg Alliance (Monsanto/Novozymes)
  • Syngenta AG
  • Certis USA LLC
  • Lallemand Plant Care
  • Precision Laboratories LLC
  • Bayer Cropscience AG
  • Marrone Bio Innovations Inc
  • Valent USA LLC
  • Hansen A/S
  • IsAgro SpA
  • DowDuPont Inc
  • Arysta Lifescience Limited
  • Verdesian Life Sciences LLC

Description

The global agricultural microbial market is expected to be valued at US$ 3,247.4 Mn in 2021 and grow at a CAGR of 13.4% over the forecast period to reach US$ Mn by 2028. owing to growing awareness and provision from number of agencies with respect to the custom of agronomic microbial. Furthermore, other factors such as rapid developments happening in agricultural sector and rising demand for high productivity coupled with favorable regulatory framework and support from the government are anticipated to drive the growth of the market. Rising demand for biopesticides and rising investments in research and development are expected to drive the growth of the market. However, lack of awareness among the farmers regarding the benefits of the agricultural microbial and various challenges are anticipated to restrain the growth of the market.

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