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Global Agricultural Biologicals Market Research Report 2023-2028:
According to the latest report by IMARC Group, titled " Agricultural Biologicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forec ast 2023-2028
," the global agricultural biologicals market size reached US$ 12.4 Billion in 2022.
Agricultural biologicals, also known as biologics, are biochemicals that are used to protect plants and crops against pests, weeds and diseases. They are obtained from natural materials such as microorganisms, insects, plants and animal extracts. Agricultural biologicals form an integral part of modern agricultural practices, wherein they are used to enhance crop yield by improving nutrient uptake.
In recent years, farmers are preferring biologics as they assist in residue and resistance management, restoring the microbial and mineral balance, and increasing carbon levels of the soil.
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The global agricultural biologicals market is primarily driven by the growing need for agro-based products. The rising awareness regarding the harmful effects of chemical-based fertilizers has also escalated the need for organic food products. This has led to the increased demand for an economically sustainable agricultural production process that promotes safer products for crop treatment. Besides this, governments and non-profit organizations (NGOs) are promoting the use of agricultural biologicals as they are safer for the environment and are produced using non-renewable natural resources.
Moreover, extensive research and development (R&D) activities undertaken to introduce highperformance agricultural products and eco-friendly pesticides and fertilizers are further providing a positive outlook for the market.
Looking forward, IMARC Group expects the market to reach US$ 28.3 Billion by 2028, exhibiting at a CAGR of 15% during 2023-2028.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/agricultural-biologicals-market
Key Market Segmentation
The research report includes the following segments:
Breakup by Type:
• Biopesticides
• Biofertilizers
• Biostimulants
Breakup by Source:
• Microbials
• Macrobials
• Biochemicals
• Others
Breakup by Mode of Application:
• Foliar Spray
• Soil Treatment
• Seed Treatment
• Post-harvest
Breakup by Application:
• Cereals and Grains
• Oilseed and Pulses
• Fruits and Vegetables
• Turf and Ornamentals
• Others
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Competitive Landscape with Key Players:
• Agri Life
• Agrinos Inc
• Arysta LifeScience Corporation (UPL Limited)
• BASF SE
• Bayer AG
• Isagro (PI Industries)
• Marrone Bio Innovations Inc
• Novozymes A/S
• Syngenta AG
• The Dow Chemical Company
• Valagro
• Valent U.S.A. LLC (Sumitomo Chemical Co. Ltd.)
1. What was the size of the global agricultural biologicals market in 2022?
2. What is the expected growth rate of the global agricultural biologicals market during 2023-2028?
3. What are the key factors driving the global agricultural biologicals market?
4. What has been the impact of COVID-19 on the global agricultural biologicals market?
5. What is the breakup of the global agricultural biologicals market based on the type?
6. What is the breakup of the global agricultural biologicals market based on the source?
7. What is the breakup of the global agricultural biologicals market based on the mode of application?
8. What is the breakup of the global agricultural biologicals market based on the application?
9. What are the key regions in the global agricultural biologicals market?
10. Who are the key companies/players in the global agricultural biologicals market?
Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/agricultural-biologicals-market/toc
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