The North American agricultural inoculants market was valued at USD 119.70 million in 2024 and is anticipated to reach USD 126.70 million in 2025 from USD 187.65 million by 2033, growing at a CAGR of 5.77% from 2025 to 2033. With the growing demand for organic food and organic farming and strict environmental regulations regarding the use of chemical fertilizers and pesticides, the necessity for agricultural inoculants is increasing, which boosts the growth of this market in the above-mentioned forecast period.
Sometimes the plants do not get adequate nutrients, be it due to infertility of the soil or poor retention, or improper maintenance. Micro and macro nutrients play an important role in the growth and development of plants as a key component in many life stages of a plant. Agricultural Inoculants ensure that these essential nutrients are supplied to the plant thereby en, thereby ensuring the health of the plant and increasing crop yield.
The primary factors that account for the growth of the market are the high demand and cost of basic agrochemicals like pesticides and fertilizers, the increasing need for organic foods and organic farms, and the endless need for increased food productivity to fulfill the needs of a growing population. However, the lack of awareness among growers, a decrease in addressable farm acreage, and a low adoption rate due to a lack of proper channels are hindering the growth of this market. Conversely, high growth potential in developing regions and technological advancement in the production of inoculants offer future growth potential for this market.
REPORT METRIC |
DETAILS |
Market Size Available |
2024 to 2033 |
Base Year |
2024 |
Forecast Period |
2025 to 2033 |
CAGR |
5.77% |
Segments Covered |
By Type, Source, Application, Crop Typ,e And Country |
Various Analyses Covered |
Global, Regional, and country-level analysis; Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
Country's Covered |
The United States, Canada, and the Rest of North America |
Market Leaders Profiled |
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, and Xitebio Technologies. |
Based on the geological analysis, the market is segregated into regions of Canada and the United States of America. Product-wise, the most popular product is PGPMs – Plant Growth Promoting Micro-organisms, having, highest share. The United States is dominating the market with the largest share due to its huge population,n and it is the fastest-growing
Some of the key corporations prominent 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, and Xitebio Technologies.
This research report on the North American agricultural inoculants market is segmented and sub-segmented into the following categories.
By Type
By Source
By Application
By Crop Type
By Country
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