Agricultural Microbials Market
Agricultural Microbials Market - Global Industry Assessment & Forecast
#
Pages:
157
2022
Sep - 2023
VMR-VMR-2021-1064
Segments Covered
By
Type Bacteria, Fungi, Protozoa , Virus
-
By
Function Soil Amendments, Crop Protection
-
By
Formulation Liquid , Dry
-
By
Application Method Foliar Spray, Soil Treatment, Seed Treatment, Others
-
By
Crop Type Cereals and Grains, Oilseeds & Pulses, Fruits & Vegetables, Other Crop Type ( turf & ornamentals, plantation crops, fiber crops, and silage & forage crops)
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 6.2 Billion |
 Revenue 2030:
|
USD 16.6 Billion |
 Revenue CAGR
(2023 - 2030): |
15.20% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
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
Research Methodology: Agricultural Microbials Market by Type by Function by Formulation by Application Method by Crop Type by Region - Global Market Assessment, 2021 - 2028
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 Microbials 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 Microbials 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 Microbials in terms of revenue?
-
The global Agricultural Microbials valued at USD 6.2 Billion in 2022 and is expected to reach USD 16.6 Billion in 2030 growing at a CAGR of 15.20%.
Which are the prominent players in the market?
-
The prominent players in the market are Certis USA LLC (U.S.), ChemChina (China), Marrone Bio Innovations, Inc. (U.S.), Koppert Biological Systems (Netherlands), Varsha Bioscience and Technology Pvt. Ltd. (India), Andermatt Biocontrol AG (Switzerland), BASF SE (Germany), Sumitomo Chemical Co., Ltd. (Japan), Novozymes (Denmark), Bioceres S.A. (Argentina).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 15.20% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Agricultural Microbials include
- Regulatory pressures and harmful effects associated with synthetic plant protection products
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Agricultural Microbials in 2022.
