Increasing demand for organic food products is A key factor driving growth for the Agricultural Biologicals Market. Consumers are becoming more health-conscious and are preferring organic and chemical-free food, which is driving the demand for agricultural biologicals.
Growing awareness about the harmful effects of chemical-based pesticides and fertilizers is another key driver for the Agricultural Biologicals Market. Farmers are increasingly adopting biologicals as an alternative to traditional chemicals in order to reduce their environmental impact and improve crop yields.
Rising government support for sustainable farming practices is also fueling the growth of the Agricultural Biologicals Market. Governments across the globe are promoting the use of biologicals through various incentives and subsidies, which is boosting the market growth.
Report Coverage | Details |
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Segments Covered | Crop-type, Product, Application, End-User |
Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
Company Profiled | BASF SE, Syngenta AG, Bayer AG, UPL, Corteva Agriscience, The Mosaic Company, Pro Farm Group, Gowan Company, Vegalab SA, Lallemand, Valent BioSciences LLC |
Limited awareness and knowledge about agricultural biologicals among farmers is A significant challenge for the market. Many farmers are still not fully aware of the benefits and applications of biologicals, which is hindering their adoption in some regions.
High cost of agricultural biologicals compared to chemical-based products is Moreover, a significant restraint for the market. The initial investment required for biological products is usually higher, which can be a deterrent for farmers with limited resources.
The agricultural biologicals market in North America is experiencing significant growth due to the increasing demand for environmentally-friendly agricultural products. The United States is the largest market for agricultural biologicals in the region, driven by the adoption of sustainable farming practices and the presence of key market players.
Canada is also witnessing growth in the agricultural biologicals market, supported by government initiatives to promote organic farming and the use of biologicals to improve crop yield and quality.
Asia Pacific:
In Asia Pacific, countries such as China, Japan, and South Korea are leading the adoption of agricultural biologicals due to the rising awareness about the adverse effects of chemical pesticides and fertilizers on the environment and human health.
China is the largest market for agricultural biologicals in the region, driven by the increasing demand for organic produce and the government's focus on sustainable agriculture practices.
Japan and South Korea are also witnessing growth in the agricultural biologicals market, supported by favorable government policies and the increasing adoption of biological products by farmers.
Europe:
The agricultural biologicals market in Europe is flourishing, with countries like the United Kingdom, Germany, and France leading the way in the adoption of biological products for crop protection and soil health.
The United Kingdom is witnessing rapid growth in the agricultural biologicals market, driven by the increasing demand for organic produce and the government's support for sustainable farming practices.
Germany and France are also experiencing growth in the agricultural biologicals market, with farmers increasingly turning to biological products as an alternative to chemical pesticides and fertilizers.
Cereals & Grains: The segment for cereals & grains is expected to witness substantial growth in the agricultural biologicals market due to the increasing demand for sustainable farming practices and the need for higher yield and quality crops.
Oilseeds & Pulses: The oilseeds & pulses segment is projected to experience significant growth as farmers look for effective solutions to protect their crops from pests and diseases while reducing environmental impact.
Fruits & Vegetables: The fruits & vegetables segment is anticipated to be a key driver in the agricultural biologicals market, with the rising consumer preference for organic produce and the stringent regulations on chemical pesticide usage.
Others: The segment for other crops, such as specialty crops and ornamentals, is expected to witness steady growth as farmers seek innovative and environmentally friendly solutions to protect their crops.
2. Agricultural Biologicals Market by Product
Biopesticides: The biopesticides segment is anticipated to lead the agricultural biologicals market, driven by the increasing demand for safer and more sustainable pest control solutions in agriculture.
Biostimulants: The biostimulants segment is expected to witness significant growth owing to their ability to enhance crop growth and productivity, especially in challenging environmental conditions.
Biofertilizers: The biofertilizers segment is projected to grow steadily as farmers embrace organic farming practices and seek to improve soil health and fertility.
Others (Macro-organisms): The segment for other biological products, such as macro-organisms like beneficial insects and nematodes, is expected to gain traction as farmers adopt integrated pest management strategies.
3. Agricultural Biologicals Market by Application
Foliar Sprays: The foliar sprays segment is projected to dominate the agricultural biologicals market, as they offer effective and convenient solutions for pest and disease management, and nutrient uptake by plants.
Soil Treatment: The soil treatment segment is expected to grow significantly due to the increasing awareness about soil health and the importance of maintaining a balanced soil ecosystem for sustainable agriculture.
Seed Treatment: The seed treatment segment is anticipated to witness steady growth, driven by the need for efficient and targeted delivery of biological products to protect seeds from pathogens and enhance germination.
Post-harvest: The post-harvest segment is projected to gain traction as farmers and food processors seek safe and effective solutions to extend the shelf life of fruits, vegetables, and grains.
4. Agricultural Biologicals Market by End-User
Biological Product Manufacturer: The segment for biological product manufacturers is expected to lead the agricultural biologicals market, as they play a critical role in developing and commercializing innovative biological solutions for crop protection and enhancement.
Government Agencies: The segment for government agencies is anticipated to witness growth, driven by the increasing support and promotion of sustainable agriculture practices, including the adoption of biological products for pest and disease management.
Top Market Players
- Bayer AG
- BASF SE
- Syngenta AG
- Corteva Agriscience
- FMC Corporation
- DuPont de Nemours, Inc.
- Novozymes A/S
- UPL Limited
- Marrone Bio Innovations, Inc.
- Chr. Hansen A/S