Agricultural Biologicals Market

Agricultural Biologicals Market Size (2022 - 2027)

Global Agricultural Biologicals Market was worth USD 17.9 billion in 2021 and is predicted to grow at a CAGR of 6.15%, to reach USD 24.78 billion by 2027.

Biological agriculture is a production of crops based on crop rotation, recycling of manure and by the use of biological control methods. The Agricultural Biological products are obtained from organic matter such as extracts from plants, microorganisms which improve crop health and productivity. Agricultural biologicals are primarily utilized as a part of integrated pest management (IPM) to develop innovative crop sciences. Biological agriculture is an eco-friendly production system that uses products that are safe for crop improvement. Moreover, increasing demand for organic in most of the countries is fuelling the growth of the market.

Market Drivers and Restraints

Increasing demand for organic products, a growing population, improving yield and productivity, increasing spending’s in R&D efforts, rapid growth in the use of these products in seed treatment, support from the government, and increasing health consciousness are the factors driving the growth of the market. Factors such as lack of awareness among the farmers and reluctance to change from existing practices of chemical pesticides are restraining the growth of the market.

AGRICULTURAL BIOLOGICALS MARKET REPORT COVERAGE:

Market Segmentation:

Global Agricultural Biologicals Market – By Type:

• Biopesticides

  • Bio insecticides

  • Bio nematicides

  • Bio Herbicides

• Biofertilizers

• Biostimulants

Global Agricultural Biologicals Market – By Application:

• Cereals & Grains

• Oilseeds & Pulses

• Fruits & Vegetables

• Others

Global Agricultural Biologicals Market – By Source:

• Microbial

• Biorationals

• Others

Global Agricultural Biologicals Market – By Mode of Application:

• Soil Treatment

• Seed Treatment

• Foliar Spray

Global Agricultural Biologicals Market – By Region:

• North America

• Europe

• Asia-Pacific

• Latin America

• Middle East and Africa

Agricultural biopesticides have the largest share in the market due to the increasing usage of products in organic farming.

Key Players:

1. BASF
2. Bayer Crop Science
3. Syngenta
4. Novozymes A/S
5. Isagro
6. Arysta Lifescience Limited
7. Arysta LifeScience Corporation
8. Valent BioScience Corporation
9. Marrone Bio Innovations Inc.
10. Certis U.S.A
11. Koppert B.V.