Blogs » Business » Agricultural Biologicals Market Share, Size | Forecast 2028

Agricultural Biologicals Market Share, Size | Forecast 2028

  • IMARC Group, a leading market research company, has recently releases report titled “Agricultural Biologicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global agricultural biologicals market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

    Report Highlights

    How big is the agricultural biologicals market?

    The global agricultural biologicals market size reached US$ 12.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 28.3 Billion by 2028, exhibiting a growth rate (CAGR) of 15% during 2023-2028.

    What is agricultural biologicals?

    Agricultural biologicals are crop production and protection products obtained from naturally occurring sources, such as living organisms, plant extracts, insects, and organic matter. They are applied to the soil to protect plants and crops from weeds, pests, and diseases and improve their yield, nutrient uptake, and overall health. They also help in residue and resistance management, maintaining mineral and microbial balance, increasing carbon levels, and improving the water-holding capacity of the soil. Presently, farmers worldwide are adopting agricultural biologicals as an eco-friendly alternative to synthetic and chemical fertilizers to grow healthy crops.

    Request for a free sample copy of this report: https://www.imarcgroup.com/agricultural-biologicals-market/requestsample

    What are the growth prospects and trends in the agricultural biologicals industry?

    Due to the growing global population, scarcity of cultivable land, and rising food insecurities, there is a simultaneous increase in the demand for agricultural biological products. Moreover, the emerging trend of chemical-free and organic foods is driving the sales of agricultural biologicals across the globe. Furthermore, governing agencies of numerous countries, along with non-profit organizations (NGOs), are encouraging the adoption of modern farming practices and focusing on educating farmers on the health and environmental impact of synthetic or chemical-based fertilizers. This, in confluence with increasing investments by the several key players in research and development (R&D) activities, is anticipated to propel the market further.

    What is included in market segmentation?

    The report has segmented the market into the following categories:

    Breakup by Type:

    • Biopesticides
    • Biofertilizers
    • Biostimulants

    Breakup by Source:

    • Microbials
    • Macrobials
    • Biochemicals
    • Others

    Breakup by Mode of Application:

    • Foliar Spray
    • Soil Treatment
    • Seed Treatment
    • Post-harvest

    Breakup by Application:

    • Cereals and Grains
    • Oilseed and Pulses
    • Fruits and Vegetables
    • Turf and Ornamentals
    • Others

    Breakup by Region:

    • North America (U.S. & Canada)
    • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
    • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
    • Latin America (Brazil, Mexico)
    • Middle East & Africa

    Who are the key players operating in the industry?

    The report covers the major market players including:

    • Agri Life
    • Agrinos Inc.
    • Arysta LifeScience Corporation (UPL Limited)
    • BASF SE
    • Bayer AG
    • Isagro (PI Industries)
    • Marrone Bio Innovations Inc.
    • Novozymes A/S
    • Syngenta AG
    • The Dow Chemical Company
    • Valagro
    • Valent U.S.A. LLC (Sumitomo Chemical Co. Ltd.)

    Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=2317&flag=C

    If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

    About Us

    IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

    IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

    Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

    Contact US

    IMARC Group

    134 N 4th St. Brooklyn, NY 11249, USA

    USA: +1-631-791-1145 | Asia: +91-120-433-0800

    Email: sales@imarcgroup.com

    Follow us on Twitter: @imarcglobal

    LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/