Agricultural Biological Market Research Report by Size, Trend, Opportunities & Future Assessment Up To 2024
Axiom Market Research & Consulting™ added “Agricultural Biological Market Research Report by Size, Trend, Opportunities & Future Assessment Up To 2024”
The market for agricultural biologicals is projected to grow at a CAGR between 14% to 15% from 2018 to 2024. Agricultural biologicals are naturally occurring solutions which can be used as a replacement to chemical fertilizers and pesticides. Growing demand for organic farming, increasing awareness about the disadvantages of chemical fertilizers and pesticides, rising demand for food by the growing population, and changing mentality of the farmers inclining more towards usage of biological products for environment safely is driving the market for agricultural biologicals. Along with this, rising cost of fertilizers and increasing government bans and strict regulations for pesticides and fertilizers is fueling the growth of agricultural biologicals market. Get the free Sample: Click here The major types of agricultural biologicals considered in the study are biopesticides, biofertilizers, biostimulants and Others. Biopesticides dominate the market due to high usage of biopesticides as an alternative to chemical pesticides and increasing support of European countries for use of only biologicals in the agricultural field.
Browse the full Report: Click here The crop types considered in the agricultural biologicals market are cereals, oilseeds & pulses, flowers & ornamentals, fruits & vegetables and others. The market for cereals & grains is highest due to high consumption of these food grains all over the world thus high usage of agricultural biologicals on them. Based on mode of application the global agricultural biologicals market segmented into seed treatment, soil treatment and foilar spary. The agricultural biologicals market is studied for Americas, Europe, Asia-Pacific, and RoW which includes the Middle East and Africa. Europe dominated the market with the largest market share followed by Americas and Asia-Pacific. Spain and Italy are the largest markets in the countrylevel market in European region. Rising demand for organic products, reduced chemical hazards, improved yield, and increased productivity along with no harmful residue problem by using agricultural biologicals is driving the market growth in Europe. Asia-Pacific is the fastest growing region in the agricultural biologicals market.
About Axiom Us Axiom Market Research & Consulting™ (also known as Axiom MRC), is a full-service market research and data analytics firm, driven by a simple aim of providing key market intelligence to companies to assist them in taking informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc. Axiom Market Research & Consulting™ offers market research and data analytics services such as syndicated market research reports, custom market research reports, business consulting, consumer/end user survey, data processing & analytical services, social media analytics across various industry verticals such as, Life Science, Chemicals & Materials, Food & Beverages, Packaging Agriculture, power & Energy. Media Contact: Ganesh Sai 616 Corporate Way, Suite 2-4268 Valley Cottage, NY, United States Email: sales@axiommrc.com Tel: +1(845)875-9786, +44(0) 20 23869707