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Agricultural Microbials Market

Agricultural Microbials Market

Agricultural Microbials Market Global Industry Assessment & Forecast

# Pages:

136

Base Year:

2021

Dec - 2021

Format:

Report Code:

VMR-2021-1064

Segments Covered
  • By Type Bacteria, Fungi, Virus, Other Types
  • By Function Soil Amendments and Crop Protection
  • By Formulation Dry Formulation, Liquid Formulation
  • By Soil Treatment, Foliar Spray, Seed Treatment
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 6.12 Billion
Revenue 2028Revenue 2028: 17.21 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 13.8%
Fastest Growing Region Fastest Growing Region (2022 - 2028) North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

Key Insights

The global Agricultural Microbials market was valued at USD 6.12 Billion in 2020 and is projected to reach USD 17.21 Billion by 2028, growing at a CAGR of 13.8% from 2021 to 2028.

Years Parameters
Historical Data (Actual Data) 2016-2020
Base Year Data 2020
Current Year Date 2021
Projected year data 2021-2026
Annual Market Size (2028) 17.21 Billion
Annual Market Size (2021)
CAGR (2021 - 2028) 13.8%

Definition And Overview

Agricultural microbial consist of microorganisms like fungi, bacteria, and viruses. These microorganisms are beneficial for assisting numerous agricultural practices such as, soil improvement and crop protection. Microbes act as a critical ingredient in numerous biostimulants which helps in improving crop yields.

The global Agricultural Microbials market report provides a thorough analysis of each segment including Type,Function and Formulation for each region, and country. All the segments are studied considering historical and future trends across geographies. All the segments covers trends, market size, and forecasts, and the data is provided for the years 2016–2028. Moreover, the report also covers exhaustive analysis on competitive scenario of the global market covering in depth company profiles based on business overview, financial performance, product portfolio, business strategies, recent developments, and market share among others. In addition to that the report offers several market impacting factors such as drivers, restraints, and opportunities. Cumulatively, the report will cover all of the aspects regarding the global Agricultural Microbials market. 

Yearly Infographics 6.12 Billion 17.21 Billion

COVID-19 Impact Analysis

In 2020, swift spread of COVID-19 largely impacted the global business operations, disrupting the supply chain and impairing various industries. The global trading activities were declined severely owing to the nationwide lockdowns, international border seals, and strict social distancing measures. This had a drastic impact on the global economy, as the companies across the globe were forced to either fully close or partially close their operations, leading to disruption in the supply-demand ratio. Moreover, in 2021 several key markets such as U.S., India, and Brazil among others witnessed a second wave of COVID-19 that further disrupted the market. 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.

Industry Analysis

The report covers an exhaustive analysis of Agricultural Microbials industry that includes drivers, restraints/challenges, opportunities, and segmental/regional trends among others. Apart from that, it will also cover extensive information on various marketing tools such as PEST Analysis, Porter’s Five Forces Analysis, pricing trends,  SWOT analysis, and value chain analysis along with technological landscape and regulatory framework specific to Agricultural Microbials industry.


Rising awareness about the utilization of chemicals, especially, synthetic are likely to favor the market's demand. 

Continuously growing demand for food and agricultural products owing to increasing population is also likely to increase the growth of the market. 

Lack of adoption of the modern technology by the agricultural disinfectants producers, and the side effects associated with the use of agricultural disinfectants are the factors which are restraining the agricultural disinfectants market.

Global Agricultural Microbials Market Report Scope

Parameter Details
Market Size Provided for Years 2016-2028
Base Year 2020
Historic Years 2016-2020
Forecast Years 2021-2028
Market Size Provided In Terms Of Revenue & Volume
Segments Covered Type, Function, Formulation
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 Bayer AG, Mitsui & Co Ltd, BASF SE, Borealis AG, Mitsui Agri science international, Certis USA LLC, Novozymes, Mitsui Agro Business Saco, Uplimited, Syngentaag.
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

Market Segmentation

Type  Analysis: Preview

On the basis of Type, the market is segmented into Bacteria, Fungi, Virus, Other Types. Bacteria held the highest share in the global Agricultural Microbials market and is projected to witness the same trend during the forecast period.

Function Analysis: Preview

Based on Function, the market is segmented into Soil Amendments and Crop Protection. Crop Protection accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.

Formulation Analysis: Preview

Based on Formulation, the market is segmented into Dry Formulation, Liquid Formulation. Liquid Formulation dominates the global Agricultural Microbials market and is expected to continue the same trend from 2021 to 2028. 

Global Agricultural Microbials Market: Type Segment Analysis

    • Bacteria
    • Fungi
    • Virus
    • Other Types

Global Agricultural Microbials Market: Function Segment Analysis

    • Soil Amendments and Crop Protection

Global Agricultural Microbials Market: Formulation Segment Analysis

    • Dry Formulation
    • Liquid Formulation

Global Agricultural Microbials Market: Segment Analysis

    • Soil Treatment
    • Foliar Spray
    • Seed Treatment

Regional Analysis: Preview

Based on geography, the global Agricultural Microbials market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. The regional section is further bifurcated into key country level markets for each region. Some of the prominent country-level markets are U.S., China, Germany, France, India, and Japan. It covers market size and estimations for each segment by region and country for the years 2016–2028. North America dominates the global Agricultural Microbials market and is expected to continue the same trend during upcoming years. This is accredited to the presence of key market players combined with rising demand from the end-users.  

Market Size, 2021 (USD Billion)
North America
Europe
Asia Pacific
South America
Middle East Africa

Global Agricultural Microbials Market: Regional Analysis

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

Competitive Landscape

Major players in the global Agricultural Microbials market are Bayer AG, Mitsui & Co Ltd, BASF SE, Borealis AG, Mitsui Agri science international, Certis USA LLC, Novozymes, Mitsui Agro Business Saco, Uplimited, Syngentaag.. The global Agricultural Microbials market report covers an exhaustive analysis of all the key players in the industry. This includes a business overview, extensive portfolio, business strategies, news, financial performance, length of distribution network,  and geographical presence among others. In addition to that, the report also covers company market share along with in-depth strategic developments.   

Global Agricultural Microbials Market: Key Highlights

  • The global Agricultural Microbials market was valued at USD 6.12 Billion in 2020
  • The global Agricultural Microbials Market is projected to reach USD 17.21 Billion by 2028
  • North America held the highest share of the Agricultural Microbials market in 2020
  • Some of the major companies operating in the Agricultural Microbials market are Bayer AG, Mitsui & Co Ltd, BASF SE, Borealis AG, Mitsui Agri science international, Certis USA LLC, Novozymes, Mitsui Agro Business Saco, Uplimited, Syngentaag.

FAQ
Frequently Asked Question
  • The global Agricultural Microbials valued at 6.12 Billion in 2020 and is expected to reach 17.21 Billion in 2028 growing at a CAGR of 13.8%%.

  • The prominent players in the market are Bayer AG, Mitsui & Co Ltd, BASF SE, Borealis AG, Mitsui Agri science international, Certis USA LLC, Novozymes, Mitsui Agro Business Saco, Uplimited, Syngentaag..

  • The market is project to grow at a CAGR of 13.8%% between 2021 and 2028.

  • The driving factors of the Agricultural Microbials include

    • Rising awareness about the utilization of chemicals, especially, synthetic are likely to favor the market's demand.
    • Continuously growing demand for food and agricultural products owing to increasing population is also likely to increase the growth of the market.

  • North America was the leading regional segment of the Agricultural Microbials in 2020.