Agricultural biologicals (or biologics) are useful instruments for planting, producing, and protecting crops. They are typically generated from living creatures, extracted from natural materials, or produced by naturally occurring processes. The agricultural biologicals market is expanding due to the need for new innovations to meet the food needs of a growing global population, rising consumer interest in organic products, weed and insect resistance to agricultural chemicals, and concerns about the environmental impacts of current agricultural practices. Agricultural biologicals provide a solution to these issues, as well as a long-term, "green" solution to the dilemma of growing enough crops to fulfill rising food and fuel demand.
Agricultural Biologicals Market Scope and Research Methodology
The report comprehensively analyses the Agricultural Biologicals Market's trends, forecasts, and monetary values. The report provides an in-depth analysis of the segments and sub-segments in and regional Agricultural Biologicals markets. The report contains a bottom-up approach to understanding estimations of the market size. Key market participants and new entrants' services, revenue, financial status, portfolio, growth strategies, and regional presence are all included in the Agricultural Biologicals Market report. The report forecasts the market size and growth rate along with existing and future trends in the Agricultural Biologicals market.
The Agricultural Biologicals market report provides demand projections, market trends, and micro and macro factors in depth. It also identifies the factors that are driving and restricting the Agricultural Biologicals market's growth. The qualitative and quantitative methods are included in the report. Research using SWOT, PESTLE, and Porter's Five Force tools are used for the analysis of the Agricultural Biologicals market. The analysis identified key upcoming developments that are expected to influence Agricultural Biologicals market demand over the forecast period.
Agricultural Biologicals Market Report Overview:
The main objective of the SMR’s Agricultural Biologicals Market report is to help clients make business decisions, which help them decide which areas they need to improve, which are already performing well and help the new entrant in their landing and penetrating the competition. The report also enlightens about the challenges prevailing in the Agricultural Biologicals Market.
Agricultural Biologicals Market size was valued at US$ 9.59 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 13.68% through 2021 to 2027, reaching nearly US$ 23.53 Bn.
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Agricultural Biologicals Market Regional Analysis:
Geographically, Agricultural Biologicals Market report is segmented into several key regions are as follows,
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (the United States, Mexico, and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC Countries and Egypt.)
Agricultural Biologicals Market Segmentation:
The market is divided into Agricultural biologicals, Biocontrols, Biostimulants, Biofertilizers, Biofungicides, Bioinsecticides, Bionematicides, Agricultural Inoculants, Pheromones, and Biological Seed Treatment, according to Trends. Biocontrols are predicted to become a good alternative chemical (MRLs) due to rising restrictions on chemical usage and maximum residual levels. Because of their harmful influence on biological organisms, pesticides are anticipated to lose market share. Biocontrols not only kill the pests, but they also help to reduce the number of sprays needed. The ban on the use of certain pesticides would also boost the market for biocontrols in certain parts of the world.
Bionematicides section Every year, agricultural crop losses due to root-knot nematodes increase around the world. The bionematicides market is currently underdeveloped, but it has a lot of potential throughout the projection period. As individuals become more worried about preventing losses caused by soil-borne insects, the market for bionematicides is expanding.
The agricultural biologicals market is divided into four categories: foliar spray, soil treatment, seed treatment, and others. Foliar sprays enable the producer entire control over application scheduling, which can begin as soon as the deficiency signals are noticed, allowing the damage to be repaired before it causes significant yield loss. Concentration and frequency of treatment that will address and resolve the deficiency the most effectively.
In many farming systems, the majority of fertilisers for the growing season are applied as base dressing. This practice typically results in a significant loss of important nutrients in the soil during the season. This could affect plant development and yield. By regulating and completing plant nutrition, mid-season fertiliser foliar sprays will help maintain healthy and fruitful development. A small amount of fertilizer will make a major difference and bring the crops to their optimal growth curves. This is a huge benefit. Low temperatures, waterlogging, nematodes, and other variables can all have an impact on the roots' ability to absorb nutrients. Foliar nutrition, which provides critical additional nutrients, is an added plus here as well.
Agricultural Biologicals Market Key Players:
BASF SE (Germany)Bayer AG (Germany)Syngenta AG (Switzerland)Marrione Bio Innovation (US)Isagro S.p.A. (Italy)UPL (India)Evogene Ltd (Israel)Vegalab S.A. (US)Valent Biosciences (US)Stockton Bio-Ag (Israel)Biolchim SPA (Italy)Rizobacter (Argentina)Valagro SPA (Italy)Koppert Biological Systems (Netherlands)Lallemand Inc. (Canada)Haifa group (Israel)Seipasa (Spain)
Key questions answered in the Agricultural Biologicals Market are:
- What was the Agricultural Biologicals market size in 2021?
- What is the growth rate of the Agricultural Biologicals Market?
- Which are the factors expected to drive the Agricultural Biologicals market growth?
- What are the different segments of the Agricultural Biologicals Market?
- What are the factors restraining the growth of the Agricultural Biologicals Market?
- What segments are covered in the Agricultural Biologicals Market?
- Who are the key players in the Agricultural Biologicals market?
- What are the upcoming industry applications and trends for the Agricultural Biologicals Market?
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