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 practises. Agricultural biologicals provide a solution to these issues, as well as a long-term, "green" solution to the dilemma of growing enough crops to fulfil rising food and fuel demand.
Agricultural Biologicals Market Report Scope and Research Methodology:
The report's main goal is to provide a comprehensive assessment of the Agricultural Biologicals market, which includes major leading stakeholders in the Agricultural Biologicals industry. The assessment clearly demonstrates the anticipated market size and trends, as well as the Agricultural Biologicals market's historical and current situation.The study includes revenue, market share, production, and sales data for the Agricultural Biologicals market. In addition, the research provides Agricultural Biologicals market segment trends, investment, and technology, as well as the competition landscape. It also covers an examination of regional and market segmentation, application areas, and market growth strategies. An in-depth research of market segmentation aids in determining current market potential, and the primary segments of the Agricultural Biologicals markets are further subdivided.
The research analyses the Agricultural Biologicals market qualitatively and quantitatively from 2022 to 2029 in order to identify the current market opportunities. Porter's five forces research illustrates the ability of Agricultural Biologicals industry suppliers and buyers to make profit-oriented business decisions and expand their buyer-supplier network.The Agricultural Biologicals market analysis provides unique guidance in thoughtful specifics regarding development aspects, and it was created using a top-down and bottom-up method to ensure accuracy and precision. SMEs professional analysts collected data for the Agricultural Biologicals market study using extensive primary and secondary research approaches.
Agricultural Biologicals Market Overview:
The research goes into detail about the Agricultural Biologicals Market's drivers, constraints, technological advancements, product developments, market opportunities, restrictions, growth strategies, and market prospects, as well as the forecast period. The research provides an in-depth examination of the Agricultural Biologicals industry, providing key information such as Agricultural Biologicals market size, market share, revenue growth, and CAGR from 2020 to 2029.
Agricultural Biologicals Market size was valued at US$ 9.59 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 13% through 2023 to 2029, reaching nearly US$ 23.52 Bn.
Agricultural Biologicals Market Dynamics:
Plant Protection Products (PPP) that are harmful to human health and the environment include herbicides, fungicides, and insecticides. As a result of the implementation of safety standards, certain items were withdrawn from the market, either because they were prohibited or because their reintroduction in the market was not supported during the re-registration process. Synthetic plant protection chemicals such as Dinoseb, Chloramben, Methyl parathion, and Toxaphene have been outlawed in the United States. Similarly, due to strict regulatory standards and sophisticated technical guiding methods for risk evaluation, the number of active substances authorised in the European Union has reduced. Some European governments banned neonicotinoid insecticides between 2013 and 2015, boosting the use of agricultural biologicals.
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Agricultural Biologicals Market Regional Insights:
Major countries in each region are included in the report according to their revenue contribution to the Agricultural Biologicals market. The study includes a region-wise detailed analysis of the Agricultural Biologicals market. The regions are:
- North America
- Asia Pacific
- Europe
- Latin America
- the Middle East, and Africa
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.
Bioinsecticides market A variety of insects have arisen as a result of increased environmental stress, hindering plant growth and resulting in output losses. Bioinsecticides may be more advantageous in terms of sustainability and cost-effectiveness than regular pesticides. The necessity to reduce agricultural losses and to adopt sustainability is also driving the development of bioinsecticides.
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.
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 Report are:
- What are the sales, production, consumption, and import and export of Agricultural Biologicals globally (North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major players in the Agricultural Biologicals Industry on a worldwide scale?
- What is the state of business of Agricultural Biologicals market players?
- What are the market opportunities and restraints for Agricultural Biologicals suppliers in the Agricultural Biologicals industry?
- Which application, end-user, or product category might be looking for new growth opportunities? What is each types and applications Agricultural Biologicals market share?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments with their sub-segments and Region
- Competitive Landscape – Top Key Players and Other Prominent Players
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