The Europe Agricultural Inoculants Market was worth USD 58.12 million in 2018 and estimated to be growing at a CAGR of 7.92%, to reach USD 88.6 million by 2023. With the increasing demand for organic food and organic farming, and increasing environmental awareness regarding the use of chemical fertilizers and pesticides, the requirement for agricultural inoculants is increasing which boosts the growth of this market in the above-mentioned forecast period.
Micro and Macro nutrients are the essential components in all the life stages of the plant. Absence or lack of these micro nutrients cause the plant to be unhealthy and decrease the productivity. The retention capacity of the soil is worsening each day due to pollution and other environmental disturbances. To ensure the health of the plant agricultural inoculants are applied to them. These are beneficiary microbes formulated to prevent plant diseases, help in their growth and increase food productivity.
Factors like high demand and cost of basic agrochemicals like pesticides and fertilizers, increasing popularity for organic foods and organic farms, and the limitless need for increased food productivity to achieve the needs of growing population are driving the market forward. Yet the lack of awareness among farmers, a reduction in significant farm acreage and low adoption rate due to lack of proper channels is restricting the growth of this market. Moreover, high growth potential in developing regions and technological advancement in manufacture of inoculants offer the future growth potential for this market.
The Europe market for Agricultural Inoculants is classified by Type, Source, Application, Crop type. Based on Type - Plant Growth Promoting Micro-organisms, Bio-control agents, Plant-resistance Stimulants. Based on Source - Bacterial, Fungal, Others. Based on Application - Seed inoculation, Soil inoculation, Others. Based on Crop type - Cereals & grains, Oilseeds & pulses, Fruits & vegetables, Others. Based on the regional analysis the market is segregated into regions of Germany, France, U.K., Italy and Spain. Product wise the most widespread product is PGPMs – Plant Growth Promoting Micro-organisms having highest share. Germany is dominating the market with largest share is the fastest growing region.
Some of the key firms in this market include BASF SE, E.I. Du Pont de Nemours and Company, Bayer CropScience, Novozymes A/S, Brettyoung, Verdesian Life Sciences, Dow Chemical Company, Syngenta Ag, Precision Laboratories, Xitebio Technologies.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Plant Growth Promoting Micro-organisms
5.1.3 Bio-Control Agents
5.1.4 Plant-resistance Stimulants
5.1.5 Y-o-Y Growth Analysis, By type
5.1.6 Market Attractiveness Analysis, By Type
5.1.7 Market Share Analysis, By Type
5.3 Source
5.2.1 Introduction
5.2.2 Bacterial
5.2.3 Fungal
5.2.4 Others
5.2.5 Y-o-Y Growth Analysis, By Source
5.2.6 Market Attractiveness Analysis, By Source
5.2.7 Market Share Analysis, By Source
5.3 Application
5.3.1 Introduction
5.3.2 Seed inoculation
5.3.3 Soil inoculation
5.3.4 Other Applications
5.3.5 Y-o-Y Growth Analysis, By Application
5.3.6 Market Attractiveness Analysis, By Application
5.3.7 Market Share Analysis, By Application
5.4 Crop Types
5.4.1 Introduction
5.4.2 Cereals & Grains
5.4.3 Oilseeds & Pulses
5.4.4 Fruits & Vegetables
5.4.5 Other Crops
5.4.6 Y-o-Y Growth Analysis, By Crop type
5.4.7 Market Attractiveness Analysis, By Crop type
5.4.8 Market Share Analysis, By Crop type
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Source
6.1.3.4 By Application
6.1.3.5 By Crop type
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Source
6.1.4.4 By Application
6.1.4.5 By Crop type
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Source
6.1.5.4 By Application
6.1.5.5 By Crop type
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 BASF SE
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 E.I. Du Pont de Nemours and Company
8.3 Bayer CropScience
8.4 Novozymes A/S
8.5 Brettyoung
8.6 Verdesian life sciences
8.7 Dow Chemical Company
8.8 Syngenta Ag
8.9 Precision Laboratories
8.10 Xitebio Technologies
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
