Europe Agricultural Microbial Market Research Report – Segmented By Type, Formulation, Mode of Application, Application, By Country (Germany, U.K., Italy, France, Spain, Switzerland, Russia, Turkey, Belgium, Netherlands, Rest of Europe) – Industry Analysis size, share trends, growth, forecast (2024 to 2029)
Europe's agricultural microbial market size is expected to reach USD 6.86 billion in 2024 and reach USD 9.66 billion by 2029, growing at a CAGR of 7.11% during the forecasted period from 2024 to 2029.
The market for agricultural microbials is anticipated to expand rapidly in the following years. Agricultural microorganisms are microorganisms used in agriculture to improve crop output and productivity. Agricultural inoculants have target-specific functions and are, therefore, applicable to various crops. Agricultural microorganisms, like fungi and bacteria, are naturally occurring entities that provide plants with nutrients such as phosphorus and nitrogen. Together, soil-dwelling microbes and their tight connection with plants comprise microbiomes. Microbes include, among others, bacteria, fungi, viruses, and protists. They can increase the plant's growth by expanding its availability of nutrients. Numerous bacteria are advantageous because they can aid in the decomposition of organic matter, the recycling of old agricultural material, the provision of phosphorus or nitrogen as nutrients, and the provision of heat and drought tolerance as well as insect and disease resistance. Agricultural microorganisms may prove indispensable for holistically promoting plant health and crop output through cost-effective solutions while limiting disease outbreaks, enhancing soil health, and refining nutrient delivery.
The growing knowledge of the advantages of using agricultural microbes is anticipated to raise the demand for Europe's agricultural microbial market. Agricultural microorganisms such as bacteria, viruses, and fungi improve soil conditions and promote plant growth and protection. The natural materials utilized by farm biologicals either supplement or replace conventional fertilizers and chemicals, thereby decreasing the environmental impact of synthetic pesticides. In addition, agricultural biologicals offer natural solutions such as microorganisms, plant extracts, beneficial insects, and other organic substances that enable farmers to improve crop health and yield. Agricultural biologicals generated from microorganisms such as bacteria and fungi are known as microbes. In addition to protecting crops from pests and diseases, these bacteria boost plant yield and fertility. Biocontrol, bio fertility, and bio yield enhancers are three classifications of microbes. Biocontrol is fungi, bacteria, and other microorganisms that defend plants against pests, diseases, and weeds. Bio-fertility microorganisms enhance the plant's direct soil access to phosphate and nitrogen. Biofield enhancers are created from plants and microorganisms that improve a plant's nutritional capacities, promoting healthy plant development. Agricultural biologicals are the ideal method for increasing soil fertility through nitrogen fixation, increasing crop production, and dissolving insoluble soil phosphates since they are environmentally beneficial and chemical-free. Population growth has had a tremendous impact on the ecological foundation of agriculture. In addition, agricultural biologicals are employed as part of Integrated Pest Management (IPM) to generate unique crop chemistries, thereby supporting farmers in lowering plant stress and enhancing overall output and productivity.
The rising incorporation of microbial farm products to minimize reliance on synthetic chemicals is anticipated to generate profitable growth prospects for the European agriculture microbial market. Consumer preference for organic products has prompted farmers to employ agricultural microorganisms on agricultural land, thereby decreasing the likelihood of toxicity. Consequently, a rise in organic farming is predicted to raise demand for agriculture microbials market over the forecast period. Growing public knowledge of the advantages of utilizing agricultural microorganisms in agriculture, such as the breakdown of organic matter, recycling of old farm material, and improving plant health, is one of the important reasons driving the market. In addition, the demand for sustainable agriculture practices to retain soil quality, decrease soil erosion, and conserve freshwater is increasing. This, combined with the expanding agricultural sector, contributes to the market's expansion.
Moreover, the rising demand for organic farming to lower the risk of environmental degradation and greenhouse gas emissions presents good growth potential for industry investors. In addition, increased investments by key market participants to provide automated greenhouse facilities with the most innovative, sustainable, and technologically sophisticated crop protection solutions are positively impacting the industry. In addition, due to their ease of application, the increasing demand for liquid formulations of agricultural microbes drives the market's expansion. In addition, the rising order of farming microbes to boost nitrogen fixation, promote shoot and root growth, and control disease in plants is driving the Europe agricultural microbial market growth. Several advantages are connected with using microorganisms, including higher crop output, nutrient uptake, and organic farming. The ever-increasing worldwide population, along with the rising demand for sustainable agriculture, is a crucial driving factor for the market demand. The general public is becoming increasingly aware of the detrimental consequences of manufactured chemicals on health. In addition, the rising demand for microorganisms for sustainable agriculture intensification is anticipated to stimulate market expansion. This characteristic increases their attractiveness and direction as a biological source for productivity enhancement, and their introduction into integrated agricultural practices is expected to reduce output gaps. In addition, the cost-effectiveness and eco-friendliness of microbes are anticipated to propel the growth rate of the Europe agricultural microbials market.
Despite the numerous advantages of agricultural microbes, their adoption rates are lower than those of manufactured chemicals. This results from the low level of knowledge and commercialization of biologicals. The utilization of microorganisms and their technique of application provide substantial obstacles. For instance, the microbial culture employed to treat seeds impairs their planting accessibility. In addition, the low on-seed survival rates of microorganisms impede their practical application due to their poor storage stability. Therefore, farmers typically avoid utilizing microorganisms.
The widespread use of bacteria in biopesticides, biofertilizers, and biostimulants is the primary factor that is anticipated to increase its demand in the coming years. Bacteria provide a variety of growth-promoting roles in plants, and some have even been linked as protective bacteria that combat root-fungus illness. In addition, several bacteria strains are abundant in the environment, and bacteria are the most prevalent microorganism in soil (95%). As Plant Growth-Promoting Fungi, fungi possess a substantial market share (PGPF). It has been observed that they improve germination, seedling vigor, flowering, and yield, which is anticipated to boost their use.
Due to its ease of application, the liquid formulation of the medication is predicted to account for the most significant market share. It is more convenient than the dry formulation because it may be applied immediately as sprays, drenches, and root dips. In addition, it does not require any preparatory steps, such as mixing, which helps prevent rotting. However, the dry formulation of microorganisms is gaining popularity among farmers due to its storage, transportation, and shelf-life advantages. It is also commonly used to treat seeds. It is effective when moisture from spraying could cause damage and requires less complicated application equipment.
As a result of its advantages over alternative application methods, the foliar spray market sector has a significant share. By rapidly absorbing the nutrients through the foliage, the foliar spray approach expedites the uptake of critical nutrients by crops. Moreover, the foliar spray approach is simple and a rapid therapy for deficiencies and plant diseases.
Due to the high remuneration connected with high-value crops, such as fruits and vegetables, there is a gradual increase in the global demand for such commodities—agricultural microorganisms aid in supplying these crops with critical nutrients. The rising demand for organic fruits and vegetables will undoubtedly encourage the use of microorganisms in their development. Moreover, microorganisms for fruit and vegetable cultivation are far more cost-effective. This factor is anticipated to increase its demand during the projection period. Other crops, such as cereals, pulses & oilseeds, use microbial to increase yields and attain sustainability. Cereal crops, such as rice, are aided in photosynthesis by microorganisms, such as fungi and bacteria. It also increases crop survival in drought and nutrient-deficient environments. Oilseeds and pulses promote nutrient absorption, nodulation, seed production, and plant growth.
Germany owns the most significant share of the European agricultural microbial market and is anticipated to be the market with the most rapid growth throughout the projection period. Farmers in Germany are becoming increasingly concerned with the long-term preservation of soil resources, contributing significantly to sustainable agriculture. Also relevant is how no-till affects soil life, as soil microbes are primarily responsible for functional material cycles and soil fertility. The increasing popularity of organic farming in the country will increase demand for agricultural microorganisms, which is projected to stimulate the Europe agricultural microbials market growth.
Monsanto, Bayer Cropscience AG, Sumitomo Chemical Co.Ltd., BASF SE. These are the market players that are dominate the Europe agriculture microbial market.
Frequently Asked Questions
Monsanto, Bayer Cropscience AG, Sumitomo Chemical Co.Ltd., BASF SE
The rising demand for organic farming to lower the risk of environmental degradation and greenhouse gas emissions increases the demand for liquid formulations of agricultural microbes.
Germany holds the largest market share.
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