Agricultural Biologicals Testing Market
Agricultural Biologicals Testing Market Global Industry Assessment & Forecast
#
Pages:
175
2021
Dec - 2021
VMR-2021-1050
Segments Covered
By
Product Type Biopesticides, Bio stimulants, Biofertilizers, Others
-
By
Application Field Support, Analytical, Regulatory
-
By
End-User Biological Product Manufacturers, Government Agencies, Plant Breeders, Outsourced Contract Research Organization
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
2.69 Billion |
 Revenue 2028:
|
6.21 Billion |
 Revenue CAGR
(2021 - 2028): |
11.23% |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
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
Research Methodology: Agricultural Biologicals Testing Market - Global Market Assessment, 2021 - 2028
Vantage Market Research employs a robust methodology that involves extensive secondary and primary research. The research process involves the exhaustive study of several factors impacting industry dynamics such as competitive landscape, government policies, historical outlook, current market scenario, and other macro/micro factors. The whole research process is divided into three stages namely: Secondary Research, Primary Research, and Data Triangulation. The ratio of the resources involved in each stage differs as per the data availability for a particular section of the report or as per the market dynamics. We have conducted more than 120 primary interviews for this research study through mail and calls. The company’s robust methodology ensures a tangible representation of the market along with reliable, valued, vigorous, and actionable data analysis that would help industry stakeholders to make key business decisions.
Secondary Research
Primary Research:
During the primary research, several interviews were conducted with industry experts including CEOs, presidents, marketing executives, product development teams, and other such key executives from Agricultural Biologicals Testing industry. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview enables to gain first-hand information on global market size, regional and segmental trends, competitive landscape, industry impacting factors, and future market projection trends among others.
Data Triangulation and Market Size Estimations
After procuring data from secondary and primary research, both bottom-up and top-down approaches were utilized to process the data and estimate and validate the global Agricultural Biologicals Testing market size. Moreover, the same approaches were employed to estimate the market size for each segment/region/country. Apart from that, the data was triangulated by employing various data models and statistical techniques to arrive at exact statics and market size for each segment/sub-segment of the market. All the market numbers i.e. percentage shares, segmental splits, breakdown of various numbers were determined from secondary sources and validated through extensive primary research before data triangulation.
FAQ
Frequently Asked Question
What is the global demand for Agricultural Biologicals Testing in terms of revenue?
-
The global Agricultural Biologicals Testing valued at 2.69 Billion in 2020 and is expected to reach 6.21 Billion in 2028 growing at a CAGR of 11.23%%.
Which are the prominent players in the market?
-
The prominent players in the market are SGS SA, Eurofins Scientific SE, Syntech Research, Anadiag Group, BiotecnologieBT Srl, RJ Hill Laboratories Ltd, Apal Agricultural Laboratory, Laus GmbH, Bionema Limited.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 11.23%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Agricultural Biologicals Testing include
- The increase in usage of agricultural biologicals in economies like Europe and rise in demand in emerging economies like China, and India is anticipated to augment the growth of the agricultural biologicals testing market over the forecast period. This is due to the rapid increase in population density across the globe. Additionally, the large investment in product development by agricultural companies and high organic agricultural production across regions is also expected to fuel the growth of the market in the years to come.
- Furthermore, the increasing trade of organic fertilizers and environmental agencies promoting sustainable agriculture along with increasing demand for organic products from consumers is also expected to support the growth of the market in near future. This is owing to the increasing health consciousness among consumers and rising disposable income due to the growing economy.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Agricultural Biologicals Testing in 2020.
