Authored By: Sarah
20 Jun 2024

 Agricultural Biologicals Market to grow by USD 13558.2 million between 2024-2028

According to a research report “ Agricultural Biologicals Market” by Type (Biopesticides, Biofertilizers, Biostimulants) Application (Cereals and grains, Fruits and vegetables, Oilseeds and pulses, Other crops) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 13558.2 million at a CAGR of almost 15.89% during the forecast period. In the agricultural sector, escalating costs of chemical fertilizers and pesticides serve as a significant catalyst for the expansion of the global agricultural biologicals market. Farmers, in search of economically viable and eco-friendly alternatives, are increasingly turning to agricultural biological products such as biofertilizers and biopesticides. These solutions, derived from living microorganisms and natural sources respectively, not only enhance soil health and nutrient availability but also offer cost savings, reduced environmental pollution, and the promotion of biodiversity. Thus, the agricultural biologicals market presents a lucrative business opportunity for companies committed to sustainable agricultural practices..

Browse market data tables, figures, and in-depth TOC on “Agricultural Biologicals Market” by Type (Biopesticides, Biofertilizers, Biostimulants) Application (Cereals and grains, Fruits and vegetables, Oilseeds and pulses, Other crops) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028.

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By Type, the Biopesticides segment is projected to dominate the market size in 2024.

The Agricultural Biologicals Market encompasses the production and distribution of biological products for enhancing agricultural productivity and sustainability. These solutions include bio-pesticides, bio-fertilizers, and biostimulants, which optimize crop yield, improve soil health, and mitigate pests and diseases. Businesses in this sector leverage advanced biotechnology and microbial research to develop innovative, eco-friendly alternatives to traditional agrochemicals.

By Application, Cereals and grains  segment is expected to hold the largest market size for the year 2024.

The Agricultural Biologicals Market encompasses the production and distribution of biological products for enhancing agricultural productivity and sustainability. These solutions include bio-pesticides, bio-fertilizers, and biostimulants, which optimize crop yield, improve soil health, and mitigate pests and diseases. Businesses in this sector leverage advanced biotechnology and microbial research to develop innovative, eco-friendly alternatives to traditional agrochemicals.

North America is forecasted to hold the largest market size by region in 2024.

The Agricultural Biologicals Market encompasses the production and distribution of biological products for enhancing agricultural productivity and sustainability. These solutions include bio-pesticides, bio-fertilizers, and biostimulants, which optimize crop yield, improve soil health, and mitigate pests and diseases. Businesses in this sector leverage advanced biotechnology and microbial research to develop innovative, eco-friendly alternatives to traditional agrochemicals.

The Agricultural Biologicals Market t growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Agrinos AS
  • Andermatt Group AG
  • BASF SE
  • Bayer AG
  • Biological Products Industry Alliance
  • Evogene Ltd.
  • Gowan Co.
  • Koppert
  • Mitsui and Co. Ltd.
  • Novozymes AS
  • PI Industries Ltd.
  • Pro Farm Group Inc.
  • PROBELTE SAU
  • SEIPASA SA
  • SOM Phytopharma India Ltd.
  • Syngenta Crop Protection AG
  • T.Stanes and Co. Ltd.
  • UPL Ltd.
  • Valent BioSciences LLC
  • Vegalab SA
.

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Research Analysis Overview

In the dynamic agricultural landscape, the demand for sustainable solutions is on the rise. The Agricultural Biologicals Market encompasses a range of eco-friendly products, including plant extracts, microbial-based products, and beneficial insects. These solutions cater to various sectors, such as agri-exports, food, medicines, and essential businesses. Effective marketing and product innovation strategies are crucial in this market. Sustainable agriculture is a key focus area, with an emphasis on growing plants using Biological activity, Soil fertility, and Fertilizers derived from Microorganisms, Biostimulants, Biofertilizers, and Biopesticides. Environmentally friendly practices are increasingly important, with stricter regulations being implemented to phase out Chemical pesticides. Agricultural biologicals offer Sustainable alternatives and Safer alternatives to traditional methods. Integrated Pest Management is another approach gaining popularity, utilizing Beneficial insects and Microbial-based products to maintain soil health and control pests. The Agricultural Biologicals Market is poised for growth, driven by the need for more Environmentally friendly solutions and the desire to promote Sustainable agriculture. Key players in this market are continually innovating to meet the evolving demands of farmers and consumers alike.

Market Research Overview

The Agricultural Biologicals Market encompasses a range of eco-friendly solutions for crop production, including seed treatments, soil treatments, foliar sprays, and novel biostimulants. These biological products are derived from various sources, such as biochemicals, microbial content, and plant extracts. The demand for agricultural biologicals is driven by the need for sustainable farming practices, consumer preference for high-quality vegetables and fruits, and the desire to reduce the use of toxic chemical pesticides and synthetic counterparts. The infrastructure and funding for the commercialization of agricultural biologicals are provided by start-ups and industrial sectors. Regulatory guidelines and approvals for the use of these products are essential to ensure their efficacy and safety. International harmonization of regulatory approvals and stricter regulations on pesticide residues, emissions, and air pollutants are key factors influencing the market. Major players in the agricultural biologicals market include Ginkgo Bioworks, AgBiome, Mosaic Biosciences, Mosaic Company, Azelis, Verdisian Life Sciences, Valent Biosciences, Vegalab, UPL, Stoller, Novozymes, Lallemand, Certis Biologicals, Andermatt, and various others. These companies focus on effective marketing and product innovation strategies to meet the growing demand for sustainable alternatives in crop protection and production. Keywords: Agricultural Biologicals Market, Seed treatments, Soil treatments, Foliar sprays, Novel biostimulants, Biochemicals, Microbial content, High-quality vegetables, High-quality fruits, Cereal crops, Eco-friendly pesticides, Grants, Toxic chemical pesticides, Synthetic counterparts, Farmers, Eco-friendly nature, Trade restrictions, Decline, Agri-exports, Food, Medicines, Essential businesses, International travel, Industrial sectors, Effective marketing, Product innovation strategies, Crops, Agriculture, Biological products, Crop protection chemicals, Sustainable farming, Food production, Organic farming systems, Agricultural biologics, Consumers, Health of farmers, Ecosystem, Harmful residues, Environmentally friendly, Growth of plants, Biological activity, Soil fertility, Fertilizers, Microorganisms, Biostimulants, Biofertilizers, Biopesticides, Sustainable agriculture, Organic food, Common Agricultural Policy, Bacillus thuringiensis, Sustainable Use Directive, Corteva Agriscience, Efficacy, Plant extracts, Microbial-based products, Beneficial insects, Integrated Pest Management, Sustainable alternatives, Safer alternatives, Environment, Stricter regulations.

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