Data Bridge Market Research analyses that the agricultural biologicals testing market will project a compound annual growth rate (CAGR) of 2.30% during the forecast period of 2022-2029. Growing cultivation of cereals and grains, pulses, fruits and vegetables and other crops especially in the developing economies, increasing focus on the latest trends in the market, growing application of advanced and modern agricultural practices to improve the quality of produce, high growth in emerging countries coupled with high adoption of innovative technologies, surging cases of infectious diseases in crops and increasing industry competitiveness are the major factors attributable to the growth of agricultural biologicals testing market.
From the name itself, it is clear that agricultural biologicals testing refer to the testing of efficacy, toxicity, stability, and microbiological characteristics of biofertilizers, biopesticides, and biostimulants. Agricultural bioligcals are used to protect the soil and crops from pests, weeds, and diseases. Agricultural biological testing is conducted using organic matters such as plant extracts and naturally occurring microorganisms. Agricultural biological testing is an economically sustainable agricultural production process and is increasingly being used in the developing economies. Agricultural biological testing is further helpful in determining a given sample’s composition and other related characteristics has proven to be beneficial for the farmers.
Growing awareness about sustainable agriculture, rising environmental protection concerns, and increasing rate of organic crop cultivation especially in the developing economies will emerge as the major factors fostering the growth of the agricultural biologicals testing market. Also, surging concerns regarding food safety, increasing awareness about the benefits of organic farming practices, growing rate of industrialization and rising expenditure for research and development proficiencies in regards to new product launches are other important factors fostering the growth of the agricultural biologicals testing market. High usage of agricultural biologicals in Europe and growing investment in product development by agricultural companies will further create lucrative and remunerative growth opportunities for the agricultural biologicals testing market.
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However, lack of knowledge and awareness in the backward economies is a major factor that will pose a major challenge to the growth of the agricultural biologicals testing market. Also, dearth of required infrastructural facilities, dearth of regulations in agrarian economies and lack of technical skills especially in the underdeveloped economies will further slowdown the agricultural biologicals testing market growth rate. Fluctuations in the prices of raw materials, high cost of conducting product trials, and outbreak of coronavirus would also hamper the agricultural biologicals testing market growth rate.
This agricultural biologicals testing market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on agricultural biologicals testing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Agricultural Biologicals Testing Market Scope and Market Size
The global agricultural biologicals testing market is segmented on the basis of type, product and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of type, the agricultural biologicals testing market is segmented into biopesticides, biofertilizers and biostimulants.
On the basis of product, the agricultural biologicals testing market is segmented into field support, analytical and regulatory.
On the basis of end user, the agricultural biologicals testing market is segmented into biological product manufacturers, government agencies and others.
Agricultural Biologicals Testing Market Country Level Analysis
The global agricultural biologicals testing market is analyses and market size, volume information is provided by country by type, product and end user as referenced above.
The countries covered in the agricultural biologicals testing market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America region dominates the agricultural biologicals testing market and will continue to flourish its dominance during the forecast period owing to the rising research and development proficiencies and large scale production of commodity crops. Asia-Pacific region is projected to score the highest growth rate owing to the increasing rate of crop cultivation and growing personal disposable income are some other important factors fostering the growth of this region.
The country section of the agricultural biologicals testing market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Competitive Landscape and Agricultural Biologicals Testing Market Share Analysis
The global agricultural biologicals testing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to agricultural biologicals testing market.
Some of the major players operating in the agricultural biologicals testing market are Eurofins Scientific, Staphyt, Apal Agricultural Laboratory, SGS SA, Esilab, Biotecnologie B.T. Srl., Bionema, SynTech Research Group, i2LResearch, R J Hill Laboratories Limited, LAUS GmbH, Intertek plc, Bureau Veritas, ALS Limited, TÜV NORD GROUP., Mérieux NutriSciences Corporation, AsureQuality., Element Materials Technology and Agilent Technologies, Inc., among others.
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