Global Agricultural Microbial Market Size, Share, Opportunities, And Trends By Type (Bacteria, Protozoa, Viruses, Fungi), By Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, Others), By Function (Crop Protection, Soil Amendment), By Application (Soil Treatment, Seed Treatment, Foliar Spray), By Formulation (Dry Formulation, Liquid Formulation), And By Geography - Forecasts From 2025 To 2030
- Published : Nov 2024
- Report Code : KSI061610744
- Pages : 149
The global agricultural microbial market is estimated to grow at a CAGR of 10.08% during the forecast period.
Agricultural microbials are used in agricultural practice to protect crops and increase their productivity. As synthetic pesticides and fertilizers have negative effects on the soil and human health, the demand for biopesticides has been gaining traction, which is anticipated to have a positive impact on the global agricultural microbial market in the coming years. Furthermore, the growing popularity of organic food and the rise of organic farming are some other factors anticipated to boost the growth of the global agricultural microbial market during the forecast period. Moreover, the rising population is leading to an increased demand for food, and hence the adoption of techniques that increase the productivity and protection of crops has been increasing, which is projected to propel the market growth during the assessment period.
The recent outbreak of the novel coronavirus disease had a positive impact on the global agricultural microbial market. The pandemic led to trade and transport restrictions which led to supply chain disruptions in the market. Also, the restrictions in the gathering and movement of people further provided hurdles to the operations. However, the demand for organic food surged during the pandemic due to its positive health impacts and led to an increased demand for agricultural microbials. This resulted in the overall growth of the market in the year 2020.
Rise of organic farming
One of the major factors which are anticipated to propel the growth of the global agricultural microbial market during the forecast period is the growing popularity of organic products and the growth of organic farming. As agricultural microbes are widely used in organic farming, the rise in organic farming is boosting the growth of the agricultural microbial market. Numerous studies have been conducted which have found that organically grown crops have higher nutritional content compared to the conventionally grown crops. Furthermore, organic farming improves soil fertility, reduces soil erosion, uses lesser pesticides, and has many other advantages over the conventional way of farming. As more and more farmers and people are getting aware of it, the prevalence of organic farming has been increasing around the world and is expected to continue growing in the coming years as well. According to the Research Institute of Organic Agriculture (FiBL), the global organic agricultural land has reached 72.286 million hectares in 2019, witnessing a growth of 36.572 million hectares or 102.4% in the preceding ten years. Oceania and Asia are the fastest growing regions witnessing a growth of 195.4% and 140.5% respectively. FiBL also reports that the organic agriculture share has increased from 0.8% in 2010 to 1.5% in 2019. The expansion of organic farming is projected to continue in the coming years as well and is anticipated to boost the growth of the global agricultural microbial market during the assessment period.
Segmentation
- By Type
- Bacteria
- Protozoa
- Viruses
- Fungi
- By Crop Type
- Cereals and Grains
- Fruits and Vegetables
- Oilseeds and Pulses
- Others
- By Function
- Crop Protection
- Soil Amendment
- By Formulation
- Dry
- Liquid
- By Mode of Application
- Soil Treatment
- Seed Treatment
- Foliar Spray
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- UK
- Italy
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- India
- Japan
- South Korea
- Taiwan
- Thailand
- Indonesia
- Others
- North America
1. Introduction
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
2.2. Assumptions
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of End-Users
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. Global Agricultural Microbial Market Analysis, by Type
5.1. Introduction
5.2. Bacteria
5.3. Protozoa
5.4. Viruses
5.5. Fungi
6. Global Agricultural Microbial Market Analysis, by Crop Type
6.1. Introduction
6.2. Cereals and Grains
6.3. Fruits and Vegetables
6.4. Oilseeds and Pulses
6.5. Others
7. Global Agricultural Microbial Market Analysis, by Function
7.1. Introduction
7.2. Crop Protection
7.3. Soil Amendment
8. Global Agricultural Microbial Market Analysis, by Formulation
8.1. Introduction
8.2. Dry
8.3. Liquid
9. Global Agricultural Microbial Market Analysis, by Mode of Application
9.1. Introduction
9.2. Soil Treatment
9.3. Seed Treatment
9.4. Foliar Spray
10. Global Agricultural Microbial Market Analysis, by Geography
10.1. Introduction
10.2. North America
10.2.1. USA
10.2.2. Canada
10.2.3. Mexico
10.3. South America
10.3.1. Brazil
10.3.2. Argentina
10.3.3. Others
10.4. Europe
10.4.1. Germany
10.4.2. France
10.4.3. UK
10.4.4. Italy
10.4.5. Others
10.5. Middle East and Africa
10.5.1. Saudi Arabia
10.5.2. UAE
10.5.3. Others
10.6. Asia Pacific
10.6.1. China
10.6.2. India
10.6.3. Japan
10.6.4. South Korea
10.6.5. Taiwan
10.6.6. Thailand
10.6.7. Indonesia
10.6.8. Others
11. Competitive Environment and Analysis
11.1. Major Players and Strategy Analysis
11.2. Emerging Players and Market Lucrativeness
11.3. Mergers, Acquisitions, Agreements, and Collaborations
11.4. Vendor Competitiveness Matrix
12. Company Profiles
12.1. Certis USA
12.2. BASF SE
12.3. Novozymes
12.4. Sumitomo Chemical
12.5. Bayer CropScience
12.6. Syngenta AG
12.7. Certis USA LLC
12.8. Marrone Bio Innovations Inc.
12.9. UPL Limited (Arysta Lifescience Limited)
12.10. IsAgro SpA
Certis USA
BASF SE
Novozymes
Sumitomo Chemical
Bayer CropScience
Syngenta AG
Certis USA LLC
Marrone Bio Innovations Inc.
UPL Limited (Arysta Lifescience Limited)
IsAgro SpA
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