Agricultural Biologicals Market to Reach USD 25.49 Billion by 2030, Growing at 13% CAGR

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Agricultural Biologicals Market Overviews

Agricultural Biologicals Market size was valued at US$ 10.83 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 13% through 2024 to 2030, reaching nearly US$ 25.49 Bn.

Agricultural biologicals (or biologics) are beneficial tools for planting, growing, and protecting crops that are most often made from living organisms, derived from natural materials, or produced by naturally occurring processes. The agricultural biologicals market is growing due to the need for new innovations to meet the food needs of a growing global population, an increasing demand for agricultural sustainability, consumer interest in organic products, weed and insect resistance to agricultural chemicals, and concerns about the environmental impacts of current agricultural practises. Agricultural biologicals offer a solution to these problems, as well as a sustainable, “green” solution to the problem of growing enough crops to meet rising demand for food and fuel.

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Agricultural Biologicals Market Scope and Methodology:

Herbicides, fungicides, and insecticides are examples of Plant Protection Products (PPP) that are damaging to human health and the environment. Various items were withdrawn from the market as a result of the adoption of safety standards, either because they were outlawed or because their reinstatement in the market was not supported during the re-registration process. In the United States, synthetic plant protection agents such as Dinoseb, Chloramben, Methyl parathion, and Toxaphene have been banned. Similarly, the number of active compounds authorized in the European Union has decreased due to tight regulatory criteria and sophisticated technical guidance methods for risk evaluation. Between 2013 and 2015, some European countries prohibited neonicotinoid pesticides, encouraging the adoption of agricultural biologicals. This is the major key factor that is expected to drive the growth of the agricultural biologicals market during the forecast period 2021-2027.

Agricultural Biologicals Market Regional Insights

North America region is expected to dominate the Top Trends in the Agricultural Biologicals market during the forecast period 2024-2030. North America region is expected to hold the largest market shares of xx% by 2030. The market in the North America region is being driven by the growth of the organics industry, the rising expense of chemical fertilisers, and a growing awareness of the need of soil nutrient preservation. The high-end R&D infrastructure in the North American region, as well as the large number of patents received for biocontrol and biostimulants by several significant corporations in the region, can be linked to the region’s growth.

Agricultural BiologicalsMarket Segmentation

Based on the Trends, the market is segmented into Agricultural biologicals, Biocontrols, Biostimulants, Biofertilizers, Biofungicides, Bioinsecticides, Bionematicides, Agricultural Inoculants, Pheromones, and Biological Seed Treatment. Biocontrols segment is expected to hold the largest market shares of xx% by 2030. Because of the increasing limitations on chemical usage and maximum residual levels, biocontrols are expected to become a good alternative chemicals (MRLs). Pesticides are expected to lose market share due to their negative impact on biological beings. Biocontrols not only destroy the pests in question, but they also help to reduce the number of sprays required. The prohibition on the use of some pesticides would also boost the market for biocontrols in different parts of the world. These are the factors that are expected to drives the growth of the Biocontrols segment in the global agricultural biologicals market during the forecast period 2024-2030.

Agricultural Biologicals Market Key Players

Syngenta AG (Switzerland)
Marrione Bio Innovation (US)
Isagro S.p.A. (Italy)
UPL (India)
Evogene Ltd (Israel)
Vegalab S.A. (US)
Valent Biosciences (US)
Stockton Bio-Ag (Israel)
Biolchim SPA (Italy)
Rizobacter (Argentina)
Valagro SPA (Italy)
Koppert Biological Systems (Netherlands)
Lallemand Inc. (Canada)

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Key questions answered in the Agricultural Biologicals Market are:

What is Agricultural Biologicals ?
What was the Agricultural Biologicals market size in 2023?
What is the growth rate of the Agricultural Biologicals Market?
Which are the factors expected to drive the Agricultural Biologicals market growth?
What are the different segments of the Agricultural Biologicals Market?
What growth strategies are the players considering to increase their presence in Agricultural Biologicals ?
What are the upcoming industry applications and trends for the Agricultural Biologicals Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Agricultural Biologicals Market?
Who are the leading companies and what are their portfolios in Agricultural Biologicals Market?
What segments are covered in the Agricultural Biologicals Market?
Who are the key players in the Agricultural Biologicals market?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by Different Segment | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

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