Europe Agricultural Biologicals Market was worth USD 5.73 billion in 2021 and is estimated to grow at a CAGR of 6.3%, to reach USD 7.42 billion by 2027.
Agricultural biologicals products helps farmers in enhancing crop yield as well as work along with plants mechanisms to ward off insects and pests, utilize nutrients, and fight against environmental stress to improve the productivity which is going to showing to show a market growth during the forecast period. Agricultural biologicals market is going to witness a huge development because of rising demand for bio-based items in the agricultural sector.
Market Drivers and Restraints
Drivers like growing number of population, increasing demand for organic products, increasing spending’s in R&D efforts, rapid growth in the use of these products in seed treatment, improving yield and productivity, support from the government and increasing health consciousness are influencing the growth of the market. Restraints such as lack of awareness among the farmers and reluctant to change from existing practices of chemical pesticides acts as a barrier to the growth of the market.
Market Segmentation
Bio Pesticides
Bio insecticides
Bio nematicides
Bio Herbicides
Biofertilizers
Bio stimulants
Bio Pesticides
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others
Microbial
Biorationals
Others
Soil Treatment
Seed Treatment
Foliar Spray
Geographical Analysis:
On the basis of geography, the Europe market is analysed under various regions namely
U.K
Spain
Germany
Italy
France
Key Players:
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