Increasing adoption of biopesticides and biofertilizers to enhance the quality of the crops and plants is a significant factor driving the market for the Agricultural Microbials market.
Market Size: USD 6 Billion in 2020, Market Growth: 14.5%, Market Trend: Increasing demand for organic food among people and rising adoption for the organic agricultural procedure.
The global Agricultural Microbials market is estimated to reach USD 17.48 Billion by 2028, with a CAGR of 14.5%, according to a new report generated by Reports and Data.
Agricultural microbes are important elements essential for plant growth and soil fertility. Bacteria, protozoa, viruses, and fungi are the various types of Agricultural Microbials that are beneficial for plant or crop growth.
The increasing adoption of organic farming techniques, increasing popularity of biofertilizers and biopesticides for crop improvement, and the desire for organic food among consumers are the significant factors facilitating the growth of the Agricultural Microbials market. The growing adoption of Integrated Pest Management (IPM) and the reduction in the developmental cost of microbial products in comparison with traditional chemical pesticides are predicted to expand the global market for Agricultural Microbials.
The global market has been ruthlessly affected by the COVID-19 outbreak. The demand and supply chain has been affected, and so has the production.
Some of the key participants in the market are Bayer CropScience (Germany), Sumitomo Chemicals Company Ltd. (Japan), BASF SE (Germany), Monsanto Company (U.S.), Corteva (U.S.), Dow AgroSciences LLC (U.S.), Syngenta AG (Switzerland), Certis USA LLC (U.S.), and CHR. Hansen Holdings (Denmark) Novozymes A/S (Denmark), Queensland Agricultural Seeds (Australia), Nufarm Ltd. (Australia), Koppert B.V. (Netherlands), Mitsubishi Shoji Foodtech Co., Ltd. (Japan), Novagreen Inc. (Canada), XiteBio Technologies Inc. (Canada), Verdesian Life Sciences, LLC (U.S.), and Italpollina Usa, Inc. (U.S.)
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Further key findings:
- The widespread utilization of bacteria in preparing biopesticides, biostimulants, and biofertilizers is increasing the demand for the bacterial segment. They help in enhancing the growth and yield of the plant and perform several growth-promoting functions.
- Based on the crop type, the Vegetables and Fruits segment is predicted to dominate the market from 2021 to 2028 due to the extensive utilization and demand for fresh fruits and vegetables to maintain the nutritional balance in the diet.
- Based on the formulation, the liquid is estimated to dominate the market as they are more convenient than the dry form. They are easy to apply and do not require procedures such as mixing, which minimizes the chances of contamination.
- The cereals and grains section is accounted to hold a considerable market share from 2021 to 2028. The microbes help in the photosynthesis process for cereal crops like rice.
- North America is expected to hold the largest share in the Agricultural Microbials market due to advanced technologies used in the agricultural industry and growing awareness regarding the benefits of microbials over chemical fertilizers.
- The South American region market is approximated to witness the fastest growth as most of the farmers in this region are shifting to microbials and organic farming.
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/agricultural-microbials-market
For this study, Reports and Data has segmented the global Agricultural Microbials market based on Type, Crop Type, Functions, Mode of Application, Formulations, and Region:
Based On Type: (Revenue, USD billion, 2018 – 2028)
- Bacterial
- Bacillus spp
- Rhizobium spp
- Enterobacteriaceae
- Pasteuria
- Streptomyces
- Fungi
- Trichoderma spp
- mycorrhizal fungi
- Others
- Viruses
- Protozoa
Based On Crop type: (Revenue, USD billion, 2018 - 2028)
- Cereals & grains
- Oilseeds & pulses
- Fruits & vegetables
- Other crop types
- Turfs
- Ornamentals
- plantation crops
- forages
Based On Functions: (Revenue, USD billion, 2018 - 2028)
- Soil amendments
- Biofertilizers
- Biostimulants
- Crop protection
- Bioinsecticides
- Biofungicides
- Bioherbicides
Based On Application: (Revenue, USD billion, 2018 - 2028)
- Foliar spray
- Soil treatment
- Seed treatment
- Other modes of application
Based On Formulation: (Revenue, USD billion, 2018 - 2028)
- Dry
- Dry granules
- Water-dispersible granules
- Wettable powders
- Liquid
- Emulsifiable concentrates
- Suspension concentrates
- Soluble liquid concentrates
Based On Region: (Revenue, USD billion, 2018 - 2028)
- North America
- Europe
- Asia-Pacific
- South America
- Middle East And Africa
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The global Agricultural Microbials market is estimated to reach USD 17.48 Billion by 2028, with a CAGR of 14.5%, according to a new report generated by Reports and Data.Agricultural microbes are important elements essential for plant growth and soil fertility.
Bacteria, protozoa, viruses, and fungi are the various types of Agricultural Microbials that are beneficial for plant or crop growth.
The growing adoption of Integrated Pest Management (IPM) and the reduction in the developmental cost of microbial products in comparison with traditional chemical pesticides are predicted to expand the global market for Agricultural Microbials.
Some of the key participants in the market are Bayer CropScience (Germany), Sumitomo Chemicals Company Ltd. (Japan), BASF SE (Germany), Monsanto Company (U.S.), Corteva (U.S.), Dow AgroSciences LLC (U.S.), Syngenta AG (Switzerland), Certis USA LLC (U.S.), and CHR.
Hansen Holdings (Denmark) Novozymes A/S (Denmark), Queensland Agricultural Seeds (Australia), Nufarm Ltd. (Australia), Koppert B.V. (Netherlands), Mitsubishi Shoji Foodtech Co., Ltd. (Japan), Novagreen Inc. (Canada), XiteBio Technologies Inc. (Canada), Verdesian Life Sciences, LLC (U.S.), and Italpollina Usa, Inc. (U.S.)Further key findings:The widespread utilization of bacteria in preparing biopesticides, biostimulants, and biofertilizers is increasing the demand for the bacterial segment.
They help in enhancing the growth and yield of the plant and perform several growth-promoting functions.
The Global Agricultural Biologicals Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.Agricultural biologicals are natural derivatives of microorganisms, beneficial insects, plant extracts, or organic matters that protect crops from insects, weeds, pests and harmful diseases.
These biologicals can help to replace products based on agricultural chemicals.
Agricultural biologicals ensure healthy crops without affecting its productivity.
These are majorly topical or seed treatment products.North America and Europe are the leading geographies in the global agricultural biologicals market.
Asia Pacific is the emerging market and has a great scope in the near future.
Market Overview: Edible insects such as caterpillars, bees, ants and wasps, beetles, scale insects, grasshoppers, crickets, locusts, and mealworm are fit for human consumption and do not produce any toxic effect.
Also, they do not produce toxic gases such as ammonia, which is harmful to the environment.Competitive Analysis: The major players in the edible insects marketNordic Insect Economy Ltd. (Finland)Thailand Unique (Thiland)Haocheng Mealworms Inc. (China)Chapul Inc. (U.S.)Nutribug Ltd. (U.K)Bugsolutely Ltd. (Thiland)Eap Group, Sarl (France)Market Forecast: Increasing preference for natural ingredients in food & beverage products has surged the demand for edible insects in the global market.
Furthermore, growing environmental impact on the crop field by the use of chemical fertilizers has surged the demand for sustainable food owing to low environmental impact, which is likely to increase the global edible insects market over the review period.Also, edible insects are relatively cheaper, which has uplifted the demand for edible insects in the food & beverage industry.
However, the limited availability of edible insects and absence of regulatory laws may hamper the growth of the edible insects market over the review period.
Access Report Details @ https://www.marketresearchfuture.com/reports/edible-insects-market-4902Downstream Analysis: Edible insects are segmented on the basis of type, which includes caterpillars, bees, ants, and wasps, beetles, scale insects, grasshoppers, crickets and locusts, mealworm, and others.
Edible beetle hold the major market share followed by crickets owing to presence of high amount of protein that serves as a better alternative for chicken and beef.On the basis of the application, the edible insects market is segmented into food & beverages, bakery products, savory snacks, animal feed, and others.
The Global Agricultural Biology Market report released by Reports and Data encompasses vital aspects of the Agricultural Biology market and offers critical insights about the market size, share, global spread, trends, demands, and opportunities.
The report discusses in detail the competitive landscape of the market on both the regional and global scale.
It analyzes the key regions and market segments to offer a better understanding of the competitive scenario.
Moreover, the report discusses in detail the latest product and technological advancements to offer a comprehensive understanding of the Agricultural Biology market.
Furthermore, it sheds light on the lucrative growth opportunities and investments to assist the readers and businesses in developing strategic expansion plans.
It also helps readers gain maximum return on their investments.The report is further attuned to the latest market scenario pertaining to the COVID-19 pandemic and its impact on the key segments of the Agricultural Biology market.
