Latest News- Agricultural Biologicals Market: Biopesticides is expected to lead the Type segment during 2025-2029

The Agricultural Biologicals Market is being driven by Increasing prices of chemical fertilizers and pesticides

The Agricultural Biologicals Market is expected to grow at a CAGR of 15.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 14756.8 million. In the agricultural sector, the utilization of Agricultural Biologicals, specifically agricultural biostimulants, has gained significant traction. These innovative solutions are formulated from a range of compounds, substances, and microorganisms, designed to be applied to plants or soils to bolster yields, crop vigor, and overall quality. Biostimulants function by optimizing plant metabolism, thereby increasing yield and enhancing crop quality. Natural and synthetic biostimulants are distinguishable based on their origin. Natural biostimulants, which include amino acids, seaweeds, bacteria, chitosan, yeast, and phytohormones, are derived from natural sources. Synthetic biostimulants, on the other hand, consist of plant-growth regulators such as synthetic hormones, essential elements, inorganic salts, and phenolic compounds. The agricultural biostimulants market is poised for growth due to their integration into sustainable farming practices. Their ability to boost secondary metabolite synthesis and biomass production in medicinal plants is a key factor driving market expansion in the forecast period. By employing these eco-friendly alternatives, farmers can enhance crop resilience to abiotic stresses and improve overall agricultural productivity. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Biopesticides
  • Biofertilizers
  • Biostimulants
• Application
  • Cereals and grains
  • Fruits and vegetables
  • Oilseeds and pulses
  • Others
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • APAC
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing prices of chemical fertilizers and pesticides
• Rising governmental support for use of bio-based products in agriculture
• Growing organic food products industry

However, the market also witnesses some limitations, which are as follows:

• Lack of awareness of agricultural biologicals
• Reluctance of farmers to shift from existing farming practices using chemical pesticides
• Availability of synthetic pesticides and herbicides

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Market Scope in Agricultural Biologicals Market Research Report

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Research Analysis Overview

Amidst stricter regulations and growing concerns for the environment, the Agricultural Biologicals Market is witnessing a shift from chemical pesticides to safer, sustainable alternatives. Integrated Pest Management (IPM) is gaining popularity, utilizing beneficial insects, microbial-based products, and plant extracts. Biopesticides, biofertilizers, biostimulants, and microorganisms are key components of this approach. Sustainable agriculture is at the forefront, with product innovation strategies and effective marketing driving growth in industrial sectors. Essential businesses, including medicines, food, and agri-exports, remain active despite international travel restrictions. The decline in chemical pesticides usage is contributing to improved soil fertility, biological activity, and growth of plants, making agricultural biologicals an environmentally friendly solution.

Market Research Overview

The Agricultural Biologicals market segment, within the broader Fertilizers and Agricultural Chemicals industry, encompasses businesses specializing in the production of beneficial microorganisms, plant extracts, and other sustainable alternatives to chemical pesticides. Key players, such as Corteva Agriscience, are responding to stricter environmental regulations and consumer demand for safer, more sustainable options by launching innovative agricultural biologicals. Products like Bacillus thuringiensis, beneficial insects, and microbial-based solutions are gaining traction due to their efficacy in Integrated Pest Management systems. The European Union's Sustainable Use Directive and Common Agricultural Policy further incentivize the adoption of these sustainable alternatives. The market growth is fueled by the increasing number of product launches, as companies expand their offerings to cater to evolving market needs.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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