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

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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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SKU: N/A Category: Agriculture

Description
Table Of Content
Company Profile

Report

Description

Agricultural Microbial Market size was valued at USD 3,247.4 million in 2021, growing at a CAGR of 13.4% during 2022-28. 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.
Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global agricultural microbial products.

Key Players

BASF SE
Koppert BV
Hansen A/S
IsAgro SpA
DowDuPont Inc

Agricultural Microbial Market Dynamics

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

North-America

Europe

Asia-Pacific

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

Agricultural Microbial Market Segmentation

Microbe Type

Bacteria
Fungi
Virus
Protozoa

Function

Soil Amendment
Crop Protection

Mode of Application

Soil Treatment
Foliar Spray
Seed Treatment

Crop Type

Cereals and Grains
Oilseeds
Fruits and Vegetables
Others

Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.