According to IMARC Group’s latest report, titled “Agricultural Biologicals Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,”. Looking forward, IMARC Group expects the global agricultural biologicals market share to continue its strong growth during the next five years.
Agricultural biologicals are derived from organic matter, including microorganisms, insects, plant or animal extracts, that are effective for plant protection. They are mixed in the soil to protect crops from pests, weeds, diseases, and to improve their yield by increasing nutrient uptake. Additionally, agricultural biologicals aid in residue and resistance management, restoring mineral and microbial balance, enhance carbon levels and improve water holding capacity of the soil. Agricultural biologicals also form an integral part of integrated pest management (IPM) in maintaining a balance between the physical, biological, and chemical properties of the soil.
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Rapid urbanization, along with the increasing global population has led to the scarcity of arable land, thereby augmenting the demand for agro-based products. Moreover, the growing awareness regarding the adverse impact of chemical-based fertilizers, along with rising concerns towards soil health, agricultural sustainability, and environmental safety, are further catalyzing the demand for agricultural biologicals. Furthermore, several governing authorities and non-profit organizations (NGOs) are promoting the use of agricultural biologicals to support diversity in modern farming practices. Additionally, the rising adoption of agriculture biologicals in both organic and conventional crop production systems is anticipated to bolster the agricultural biologicals market.
Agricultural Biologicals Market 2020-2025 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- 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
- Valent U.S.A. LLC (Sumitomo Chemical Co. Ltd.)
The report has segmented the market on the type, source, mode of application, application and region.
Breakup by Type:
Breakup by Source:
Breakup by Mode of Application:
- Foliar Spray
- Soil Treatment
- Seed Treatment
Breakup by Application:
- Cereals and Grains
- Oilseed and Pulses
- Fruits and Vegetables
- Turf and Ornamentals
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Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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