Agricultural Biologicals Market
Agricultural Biologicals Market by Product (Biopesticides, Bio stimulants, Biofertilizers, Others) by Application Method (Foliar Spray, Seed Treatment, Soil Treatment, Post-harvest) by Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others) , by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)
The global Agricultural Biologicals market was valued at USD 10.43 Billion in 2020 and is projected to reach USD 27.38 Billion by 2028, growing at a CAGR of 12.82%% from 2021 to 2028.
|Historical Data (Actual Data)||2016-2020|
|Base Year Data||2020|
|Current Year Date||2021|
|Projected year data||2021-2028|
|Annual Market Size (2028)||27.38 Billion|
|Annual Market Size (2021)|
|CAGR (2021 - 2028)||12.82%%|
Overview and Description
Agricultural biologicals are useful crop production and protection tools that are produced from living organisms, and natural materials. They use nature’s own defenses to help safeguard plants against pests which complement the traditional crop protection tools. Biological agriculture is also considered as an agricultural production process which is economically sustainable, since it uses safer products for crop treatment. This also helps in minimizing harmful environmental consequences. The increasing adoption of agricultural biologicals by various economies is anticipated to augment the growth of the market in the near future.
This report provides an analysis of the Agricultural Biologicals market for the historic period of 2016–2019 and forecasts for 2021–2028 while 2020 is considered as a base year for estimations. The report includes exhaustive analysis of segments, regions and countries comprising of market size and estimations in terms of revenue for the years 2016–2028. There regional section of the report is bifurcated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Moreover, the report also covers a thorough insights on various tools such as SWOT analysis, PEST analysis, value chain analysis, Porter’s five forces analysis, pricing analysis, and technology roadmap among others. These assessments aid the industry stakeholders to analyze the Agricultural Biologicals market on the basis of different parameters, such as forward/backward integration, economies of scale, the share of various distribution channels, various factors affecting consumer behavior such as brand loyalty, price, and product availability among others, capital investments, regulatory landscape, production rights and patents, promotional strategies, and other customer preferences. This data is likely to help the industry stakeholders and stimulate the decision-making process.
COVID-19 Impact Analysis
The COVID-19 outbreak has affected various industries worldwide. The Agricultural Biologicals market is no exception. Governments across the world took severe actions like border seals, lockdown, and implementing strict social distancing measures, in order to stop swift spread of COVID-19. These actions led to severe impact on the global economy. Industrialist across the globe were forced to halt their production, leading to supply chain disruptions and impairing of various industries. However, it is expected that reopening of trade activities, the market will witness steady growth in demand in the coming years. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.
The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:
o Impact Assessment of COVID-19 Pandemic
o Pre & Post COVID-19 Market Size
o Qualitative analysis on the short term & long-term impact of COVID-19 on the market
o The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.
The report covers exhaustive analysis on the global Agricultural Biologicals industry, which includes market trends, drivers, restraints, opportunities, segmental analysis, regional trends, and competitive landscape among others. It includes an extensive competitive landscape covering key players in the industry and their comparative study on the basis of different parameters such as company overview, product portfolio, market revenue, business, and marketing strategies. Moreover, the report covers a thorough analysis drivers, restraints, and opportunities considering regional growth factors, technological advancements, and availability of substitute, regulatory norms, and such other growth impacting factors.
The rise in regulatory pressures and harmful effects associated with synthetic plant protection products along with high costs associated with the development of synthetic crop protection products is anticipated to augment the growth of the agricultural biologicals market over the forecast period. Furthermore, the growing demand for improvement in productivity and yield, and organic product due to increase in global population and rise in disposable income of consumers is also expected to fuel the growth of the market in the years to come.
The advancements in microbial research undertaken by key players across regions and adoption of agricultural biologicals in emerging economies is further anticipated to support the agricultural biologicals market growth during the forecast period.
The technological and environmental constraints for the use of biological and high preference for agrochemicals among farmers across regions along with presence of counterfeit products in the market across regions is expected to hinder the growth of the agricultural biologicals market in the years to come.
Global Agricultural Biologicals Market Report Scope
|Market Size Provided for Years||2016-2028|
|Market Size Provided In Terms Of||Revenue & Volume|
|Segments Covered||Product, Application Method, Crop Type|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa|
|Countries Covered||The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Companies Covered||BASF SE, Syngenta. Marrione Bio Innovation, Isagro, UPL, Evogene, Bayer, Vegalab, Valent, Stockton, Biolchim, Rizobacter, Valagro, Koppert Biological Systems, Lallemand, Symborg.|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis|
The report delivers an acute breakdown of the market based on various segments such as Product, Application Method, Crop Type and region. The report will cover market estimations and forecast for each segment by region for the years 20156–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report.
On the basis of Product, the market is divided into Biopesticides, Bio stimulants, Biofertilizers, Others. Biopesticides held the largest share in 2020 and is projected to witness substantial growth during the forecast period.
on Application Method, the market is divided into Foliar Spray, Seed Treatment, Soil Treatment, Post-harvest. Seed Treatment
attributed to the highest market share and is expected to grow at a significant
CAGR from 2021 to 2028.
Global Agricultural Biologicals Market: Product Segment Analysis
- Bio stimulants
Global Agricultural Biologicals Market: Application Method Segment Analysis
- Foliar Spray
- Seed Treatment
- Soil Treatment
Global Agricultural Biologicals Market: Crop Type Segment Analysis
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
Regional Analysis: Preview
Based on the geography, the global Agricultural Biologicals market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. The regional analysis covers market estimations and forecast for each segment for each region for the years 2016–2028. The regional analysis section also provides qualitative analysis comprising of regional trends such as drivers, restraints, opportunities and regulatory norms. Moreover, the regional sections if further bifurcated into key country level markets for better understanding of the market.
Market Size, 2021 (USD Billion)
Global Agricultural Biologicals Market: Regional Analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of MEA
The global Agricultural Biologicals market report provides an exhaustive competitive landscape to give a comprehensive synopsis of the global market. Major players in the Agricultural Biologicals market are BASF SE, Syngenta. Marrione Bio Innovation, Isagro, UPL, Evogene, Bayer, Vegalab, Valent, Stockton, Biolchim, Rizobacter, Valagro, Koppert Biological Systems, Lallemand, Symborg.. This section of the report comprising of a thorough profiling of companies based on various parameters such as company/business overview, portfolio analysis, business strategies, financial performance, geographical presence, and recent developments among others. Moreover, the report also includes extensive information on key strategies such as new product development/launch, merger & acquisitions, partnerships, collaborations & joint ventures, research & development, and regional expansion.
Frequently Asked Questions
the global demand for Agricultural Biologicals
in terms of revenue?
The global Agricultural Biologicals valued at 10.43 Billion in 2020 and is expected to reach 27.38 Billion in 2028 growing at a CAGR of 12.82%%
are the prominent players
in the market?
The prominent players in the market are BASF SE, Syngenta. Marrione Bio Innovation, Isagro, UPL, Evogene, Bayer, Vegalab, Valent, Stockton, Biolchim, Rizobacter, Valagro, Koppert Biological Systems, Lallemand, Symborg..
At what CAGR is the market projected to grow within the forecast period?
The market is project to grow at a CAGR of 12.82%% between 2021 and 2028.
the driving factors
fueling the growth of the market.
The driving factors of the Agricultural Biologicals include
- The rise in regulatory pressures and harmful effects associated with synthetic plant protection products along with high costs associated with the development of synthetic crop protection products is anticipated to augment the growth of the agricultural biologicals market over the forecast period. Furthermore, the growing demand for improvement in productivity and yield, and organic product due to increase in global population and rise in disposable income of consumers is also expected to fuel the growth of the market in the years to come.
- The advancements in microbial research undertaken by key players across regions and adoption of agricultural biologicals in emerging economies is further anticipated to support the agricultural biologicals market growth during the forecast period.
region accounted for the
largest share in the market?
North America was the leading regional segment of the Agricultural Biologicals in 2020.