Global Agricultural Microbials Market, By Type (Bacteria, Fungi, Protozoa, Viruses and Others), Function (Crop Protection, Soil Enhancement, and Others), Form (Dry and Liquid), Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others), Mode of Application (Foliar Spray, Soil Treatment, Seed Treatment, Post-Harvest), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Agricultural Microbials Market
Agricultural microbials market is expected to grow with a CAGR of 14.30% in the forecast period of 2020 to 2027. Increasing awareness about livestock farming is expected to increase the demand for agricultural microbals in the forecast period of 2020- 2027.
Agricultural microorganisms are the naturally occurring substances such as molds and bacteria which also supply nutrients such as phosphorous and nitrogen to plants. These microorganisms also improve soil structure, process nutrients, maintain ecological balance, and improve plant growth, and productivity.
Increasing growth in the population also accelerates the growth of the agricultural microbials market. The implementation of various regulatory and fiscal policies, increase in the demand for food products through the increase and appreciation of environmentally friendly farming methods are expected to stimulate the growth of agricultural microbials market worldwide. On the other hand, lack of technical advances in microbial inoculants and the need to maintain the high number of microorganisms active in the seed during seed treatment are some of the challenges for larger seed treatment producers. Also, adoption of agricultural pesticides are of high cost for use and the delayed effects of microbial inoculants compared to conventional chemicals are the major factors that hamper the market growth in the forecast period of 2020- 2027.
Whereas, lack of technological advancements in microbial inoculants and the need for maintaining high numbers of functional microorganisms on seed during seed treatment are some of the challenges of the agricultural microbials market.
This agricultural microbials 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 microbials 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 Microbials Market Scope and Market Size
Agricultural microbials market is segmented on the basis of type, function, form, crop type, and mode of application. 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.
- Based on type, the agricultural microbials market is segmented into bacteria, fungi, protozoa, viruses and others. Bacteria segment is further segmented into bacillus spp., rhizobium spp., and others. Fungi segment is further segmented into Trichoderma spp., mycorrhizal fungi and others.
- Based on function, the agricultural microbials market is segmented into crop protection, soil enhancement, and others. Soil enhancement segment is further segmented into biofertilizers, and biostimulants. Crop protection segment is further segmented into bioinsecticides, biofungicides, bioherbicides, bionematicides and others.
- Based on the form, the agricultural microbials market is segmented into dry and liquid. Dry segment is further segmented into dry granules, and water dispersible granules. Liquid segment is further segmented into emulsifiable concentrates, suspension concentrates and soluble liquid concentrates.
- Based on crop type, the agricultural microbials market is segmented into cereals & grains, oilseeds & pulses, fruits & vegetables, and others.
- Based on the mode of application, the agricultural microbials market is segmented into foliar spray, soil treatment, seed treatment, and post-harvest.
Agricultural Microbials market Country Level Analysis
Agricultural microbials market is analysed and market size, volume information is provided by country, type, function, form, crop type, and mode of application as referenced above.
The countries covered in the agricultural microbials market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, 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, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North American region is projected to account for the largest market share of the agricultural microbials market. The growing growth of high value crops and increasing awareness among farmers about the environmental benefits of biological solutions are expected to provide an additional measure of growth for the agricultural microbials market in the region.
The country section of the agricultural microbials 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.
Competitive Landscape and Agricultural Microbials Market Share Analysis
Agricultural microbials 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 microbials market.
The major players covered in the agricultural microbials market report are Sumitomo Chemical Company Limited, Dow Chemical Company, Marrone Bio Innovations, Bayer CropScience, Novozymes, Gujrat State Fertilizers & Chemicals Limited, Koppert B.V., DuPont, Certis USA LLC., Syngenta Ag, BioAg Alliance, Arysta Lifescience Limited, Monsanto, Chr. Hansen, BASF SE, and Taxon among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Agricultural Microbials Market
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