Middle East and Africa Agricultural Biologicals Market was worth USD 1.71 billion in 2021 and is estimated to grow at a CAGR of 5.4%, to reach USD 2.12 billion by 2027.
Agricultural Biologicals are a group of products derived from plant extracts, naturally occurring microorganisms. The market is going to witness a tremendous growth owing to as the market leaders are embracing innovative technologies for the production of biological products. Most of the key players are increasing their production capacity by developing new plants or by acquiring the existing players for increasing their portfolio of products.
Market Drivers
Middle East and Africa Agricultural Biologicals Market is driven by increasing demand for organic products, improving yield and productivity, growing number of population, increasing spending’s in R&D efforts, support from the government, rapid growth in the use of these products in seed treatment, and increasing health consciousness are the factors driving the growth of the market. Lack of awareness among the farmers and reluctant to change from existing practices of chemical pesticides are limiting the market.
Market Segmentation
Bio pesticides
Bio insecticides
Bio nematicides
Bio Herbicides
Bio fertilizers
Bio stimulants
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others
Microbial
Biorationals
Others
Soil Treatment
Seed Treatment
Foliar Spray
Major Key Players:
Some of the major companies dominating the market are BASF, Bayer Crop Science, Syngenta, Novozymes A/S, Isagro, Arysta Lifescience Limited, Arysta LifeScience Corporation, Valent BioScience Corporation, Marrone Bio Innovations Inc., Certis U.S.A and Koppert B.V.
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