The Agricultural Biologicals Testing Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Agricultural Biologicals Testing Market is estimated to be USD 828.79 Million in 2018 and predicted to rise to USD 1359.22 Million by 2023 with a CAGR of 10.4 %. The market is segmented by Product Type (Bio pesticides, Biofertilizers, Bio stimulants), Application (Field Support, Analytical, Regulatory), End User (Biological Product Manufacturers, Government Agencies, Other End users), and Region – Global Industry Analysis, Share, Size, Growth, Trends, and Forecasts (2016-2021). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
Some of the factors like high production of organic crops, use of stringent regulation policies in agriculture, and increased expenditure on R&D by biological product manufacturers are primarily driving the growth of the market.
Bio pesticides is the largest segment in by product type due to the shift in use towards these products from hazardous agrochemicals.
North America is projected to be the fastest growing market due to the high adoption rate in agricultural field. Europe was the largest market in 2015 as it has prominent users of Agricultural Biologicals Testing for compliance requirements.
This report also includes a study of marketing and development strategies of leading companies such as SGS S.A., Eurofins Scientific SE, Biotechnologies BT, SynTech Research, RJ Hill Laboratories Ltd., Staphyt SA, Anadiag Group, I2L Research, Apal Agricultural Laboratory, Laus GmbH, and Bionema Limited.
Browse through the full report at “http://www.marketdataforecast.com/market-reports/global-agricultural-biologicals-testing-market-2512/” and checkout our recent reports in the Agrochemicals category at “http://www.marketdataforecast.com/research-reports/agriculture/agrochemicals-8/”. For more insights and up-to-date industry news don’t forget subscribing to our newsletters.