Agricultural Biologicals Market Size, Share, Demand, Key players Analysis and Forecast 2024-2032

The latest report by IMARC Group, titled “Agricultural Biologicals Market Report by Type (Biopesticides, Biofertilizers, Biostimulants), Source (Microbials, Macrobials, Biochemicals, and Others), Mode of Application (Foliar Spray, Soil Treatment, Seed Treatment, Post-harvest), Application (Cereals and Grains, Oilseed and Pulses, Fruits and Vegetables, Turf and Ornamentals, and Others), and Region 2024-2032“, The global agricultural biologicals market size reached US$ 14.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 44.6 Billion by 2032, exhibiting a growth rate (CAGR) of 13.1% during 2024-2032. 

Biological products used in agriculture, such as biopesticides and biofertilizers, are natural elements or microorganisms utilized to boost crop development, shield plants from pests and diseases, and encourage sustainable farming methods. By harnessing the beneficial properties of organisms and natural compounds, these products aim to enhance plant well-being and increase agricultural production. They also support sustainable farming approaches by decreasing the use of chemicals, lessening environmental harm, and promoting the overall health of agricultural environments. Consequently, farmers looking for environmentally friendly solutions to address worldwide food needs widely embrace agricultural biologicals.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/agricultural-biologicals-market/requestsample

Agricultural Biologicals Market Trends and Drivers:

The demand for sustainable agricultural practices is a key driver of the agricultural biologicals market. Farmers and consumers are increasingly conscious of the environmental impact of traditional chemical farming methods, leading to a rise in the popularity of agricultural biologicals as a more eco-friendly and sustainable option. Government initiatives to reduce the use of chemical pesticides and fertilizers further contribute to the market's growth. Advances in biotechnology and microbiology have resulted in the development of more efficient agricultural biological solutions, increasing demand from farmers. The need for sustainable food production and the reduction of crop losses due to pests and diseases have also fueled the adoption of agricultural biologicals. Additionally, consumers' growing awareness of health and environmental issues has boosted the market outlook, with many choosing organic produce.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

• Biopesticides
• Biofertilizers
• Biostimulants

Breakup by Source:

• Microbials
• Macrobials
• Biochemicals
• Others

Breakup by Mode of Application:

• Foliar Spray
• Soil Treatment
• Seed Treatment
• Post-harvest

Breakup by Application:

• Cereals and Grains
• Oilseed and Pulses
• Fruits and Vegetables
• Turf and Ornamentals
• Others

Market Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Competitive Landscape with Key Player:

• Agri Life
• Agrinos Inc.
• Arysta LifeScience Corporation (UPL Limited)
• BASF SE
• Bayer AG
• Isagro (PI Industries)
• Marrone Bio Innovations Inc.
• Novozymes A/S
• Syngenta AG
• The Dow Chemical Company
• Valagro
• Valent U.S.A. LLC (Sumitomo Chemical Co. Ltd.)

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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