USD 10.25 billion
Agricultural Biologics Market Size, Share, Growth Analysis, By Crop Type(Cereals & Grains, Oilseeds & Pulses), By Product(Biopesticides, Biostimulants), By Application(Foliar Spray, Seed Treatment, Soil Treatment, Post-Harvest), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG30H2072 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
89
|Figures:
76
Agricultural Biologics Market Insights
Global Agricultural Biologics Market size was valued at USD 10.25 billion in 2021 and is poised to grow from USD 11.69 billion in 2022 to USD 33.52 billion by 2030, growing at a CAGR of 14.1% in the forecast period (2023-2030).
The industry is anticipated to be significantly influenced by the growing demand for foods produced through organic farming. Agricultural biologicals, usually referred to as biologics, are important instruments for crop productivity and protection that are made from natural resources. These goods aid in the defense of plants against pests and are rapidly being used into contemporary farming methods. These goods have been used by numerous agricultural communities all over the world to establish sustainable farming.
One of the largest consumers worldwide is the United States. The rising need for safer and greener crop protection technology is what is driving the market in the nation. When it comes to product approvals and modifying laws to improve market penetration, the country's regulatory bodies have demonstrated increasing involvement. The country's market expansion is also anticipated to benefit from an increase in mergers and acquisitions as well as partnerships for research and new product development.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Cereals & Pulses
Fastest Growth
Cereals & Pulses
Growth Rate
14.1% CAGR
Global Agricultural Biologics Market 2022-2030 ($ Bn)
Country Share for North America Region- 2022 (%)
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Agricultural Biologics Market Segmental Analysis
Global agricultural biologics market is segmented on the basis of crop type, product, application, and region. By crop type, the market is segmented into cereals & grains, oilseeds & pulses. By product, the market is segmented into biopesticides and biostimulants. By application the market is segmented into foliar spray, seed treatment, soil treatment, post-harvest. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Analysis by Application
The seed treatment segment dominated the global agricultural biologics and is anticipated to maintain its dominance throughout the forecast period. This growth is attributable to broad adoption of biologicals in improving seed qualities to boost crop productivity. The majority of biofertilizer applications include soil and seed treatment. Over the past few years, all major agrarian economies have experienced a significant decline in soil quality due to the aggressive use of synthetic fertilisers and a variety of other crop care chemicals, such as herbicides and insecticides.
To counteract the environmental harms brought on by increased chemical use in farming, many governments have imposed regulations on the agricultural sector. These regulations are anticipated to reflect a positive growth trend for biofertilizers in a variety of seed and soil applications around the world. Several initiatives have been developed by the governments of China, India, and Pakistan to encourage the use of environmentally friendly materials for seed treatment at the domestic level.
Global Agricultural Biologics Market By Crop Type, 2022 (%)
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Agricultural Biologics Market Regional Insights
North America region dominated the agricultural biologics in 2022 and is expected to maintain its dominance throughout the forecast period. Due to the substantial presence of international agricultural product manufacturing enterprises, with the majority of the manufacturers centred in the U.S., the region will continue to grow at a solid CAGR throughout the predicted years. The expansion is also credited to the region's agricultural practises, which are continually changing due to technology advancements, ongoing research & development, and government policies that support sustainable farming practices.
The second-largest regional market is in Europe. The amount of organic farmlands in the region is double that of conventional farmlands, accounting for close to 7% of the total agricultural land in the region. Over the last ten years, organic farming has increased by 70% in Europe, and more than 250,000 farms are engaged in organ harvesting. Germany is the largest European retail market for organic produce, followed by France, Italy, and the U.K.
Global Agricultural Biologics Market By Geography, 2022-2030
- Largest
- Fastest
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Agricultural Biologics Market Dynamics
Drivers
Transformation in agricultural inputs to drive market growth
- The environment of agricultural inputs has undergone a significant transition, which is driving the global industry. Food security and public health are two factors that are inextricably linked, and there have been concerted efforts made worldwide by all agri-food industry players to promote sustainable food production. Worldwide usage of plant protection products (PPPs) has doubled, despite a decline in traditional (synthetic) PPP manufacturing due to strict regulations and a growing interest in environmentally friendly food production.
Restraints
Lack of well-defined government guidelines may hinder market growth
- For legal, governmental, or economic purposes, there is still no single definition that is universally recognized. The word "plant biostimulant," for instance, has been in use since at least 1997. For legal, governmental, or economic purposes, there is still no solitary definition that is universally recognised. Similar to biopesticides, which have been used commercially for more than 60 years, there are currently no established endpoints for risk assessments. In some markets, regulators and risk assessors also lack the necessary competence
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Agricultural Biologics Market Competitive Landscape
Large manufacturers constantly prioritise new product developments, agreements, mergers, and acquisitions (M&A), and collaborations to interact with the largest number of potential customers at the lowest possible distribution cost. To maintain their market position, companies like Bayer CropScience and BASF SE are integrating their activities throughout the value chain. In order to assure increased market reach and establish themselves in the market, new sector participants are concentrating on creating long-term relationships with local and regional farming communities. Leading companies in the market for agricultural biologics include:
Top Player’s Company Profiles
- Bayer AG
- Syngenta AG
- BASF SE
- Corteva Agriscience
- Marrone Bio Innovations, Inc.
- Valent Biosciences Corporation
- Certis USA LLC
- Koppert Biological Systems
- Bioworks Inc.
- Isagro S.p.A.
- Andermatt Biocontrol AG
- Symborg S.L.
- Lallemand Plant Care
- Bioiberica S.A.U.
- Biostadt India Limited
- Stockton Group
- AGBL Group
- Biolchim S.p.A.
- Italpollina S.p.A.
- Seipasa S.A.
Recent Developments
- In 2021, a new biostimulant called Biimore was introduced by Tradecorp International in India. It works as a biological control and aids in the development of horticulture crops and pre-flowering in broad-acre legume crops.
- In 2021, the launch of six new agri-input products, including the biological insecticide Delfin, was announced by Bharat Certis AgriScience Ltd. (BCA), a group subsidiary of Mitsui & Co., Ltd., Japan. Delfin is employed to manage Lepidopteran pests.
Agricultural Biologics Key Market Trends
- Biopesticides are becoming more and more popular among growers who are embracing integrated pest management strategies and are drawn to employing clever and sustainable methods for preserving their crops because of their high effectiveness and environmental friendliness.
- The adoption of Integrated Pest Management (IPM) has become a successful strategy for reducing and controlling the harm that insect pests cause to agricultural crops. The IPM strategy integrates the use of specific pest management techniques, including cultural, chemical, biological, and other approaches.
- It is anticipated that the market for bio-pesticides will increase across all nations where the government is attempting to limit the usage of harmful chemical pesticides due to their less toxic nature in comparison to their numerous synthetic competitors and their relatively easy-to-apply qualities.
Agricultural Biologics Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global agricultural biologics market analysis, numerous pulses' rapid growth can be attributed to symbiotic performance, which is demonstrated by strain productivity and host genotype. The pulse yield increases with synergistic performance. As a result of the actions being taken by numerous agricultural organizations to assure high microbial strain testing for enhanced production of pulses and oilseeds, it is projected that demand for different biological agents in this spectrum will expand over the course of the forecast period.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 10.25 billion |
| Market size value in 2031 | USD 33.52 billion |
| Growth Rate | 14.1% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Agricultural Biologics Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Agricultural Biologics Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Agricultural Biologics Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Agricultural Biologics Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Agricultural Biologics Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Agricultural Biologics Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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