The Global Agricultural Biological Market report provides comprehensive analysis of Agricultural Biological Production, Supply, Sales and Demand of the Agricultural Biological Market. The purpose of the Agricultural Biological Market report is to support beginner as well as existing players in gaining insightful business intelligence and make appropriate decisions based on it. Agricultural Biological market report also covers geographical analysis of the market with growth forecast till 2027.
The Global Agricultural Biological Market accounted to US$ 7,148.8 Mn in 2018 and is expected to grow at a CAGR of 12.9% during the forecast period 2019 – 2027, to account to US$ 21,141.0 Mn by 2027.
Agricultural biological constitutes a broad range of plant extracts, insects, microbials, and other agricultural biological materials, which are used by the farmers to improve crop health and yield and for the pest’s control.
It also helps in enhancing the availability of nutrients, nutrient uptake capacity of the plant, assists in product’s strong resistance to insects, and residue management, as well as improving total productivity of the plant crops. Agricultural biological products are less expensive and a highly effective option as compare to synthetic crop protection products.
The global agricultural biological market is bifurcated based on type into biopesticides, biostimulants, and biofertilizers. The biopesticides segment accounted for the largest share in the global agricultural biological market. Biopesticides are the most widely used type for agricultural biological products. It is widely used to control agricultural pests through specific biological effects which contain bio control agents such as natural organisms or substances derived from animals, plants, bacteria, or minerals.
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Biopesticides cover a broad spectrum of potential products like microbial pesticides, plant-incorporated protectants, and biochemical pesticides. The growing interest in organic farming and pesticide residue-free agricultural produce would lead to an increase in adoption of biopesticides by the farmers
The Asia Pacific agricultural biological market is dominated by China, followed by India. Increasing focus towards organic farming and importance for maintaining ecological balance are chief motives for rising consumption of organic fertilizers in the continent. Also, the use of improved biological crop preservatives such as biochemicals, bioherbicides, and biopesticides is further impacting the growth of the market.
Besides, due to the increase in the cost of chemical fertilizers, the farmers are shifting their focus to use of bio-based agriculture solutions supported by governments. Also, the consumer in Asia-Pacific realizes the importance of using bio-based food products for a healthy lifestyle.
The report segments the global agricultural biological market as follows:
Global Agricultural biological Market – By Geography
- North America
- Asia Pacific
- Middle East and Africa (MEA)
- South America
- BASF SE
- Biolchim S.p.A.
- Certis U.S.A. LLC
- DowDuPont Inc.
- Isagro S.p.A
- Koppert Biological Systems
- Marrone Bio Innovations Inc.
- Valent Biosciences LLC
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Table of Contents:
- Key Takeaways
- Agricultural Biologicals Market Landscape
- Agricultural Biologicals Market – Key Industry Dynamics
- Global Agricultural Biologicals Market Analysis – By Type
- Global Agricultural Biologicals Market Analysis – By Source
- Global Agricultural Biologicals Market Analysis – By Application Mode
- Global Agricultural Biologicals Market Analysis – By Application
- Agricultural Biologicals Market – Geographical Analysis
- Company Profiles
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