The Inoculants Global Market Report 2023, provides comprehensive information on the inoculants market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032
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As per The Business Research Company’s Inoculants Global Market Report 2023, the global inoculants market size is expected to grow from $1.05 billion in 2022 to $1.16 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global inoculants market size is expected to reach $1.65 billion in 2027 at a CAGR of 9.2%.
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Product innovation is the key trend gaining popularity in the inoculants market. Major companies operating in the inoculants market are focused on developing innovative products to strengthen their position in the market. For instance, in May 2022, Lavie Bio Ltd., an Israel-based manufacturer of inoculants and microbial-originated agricultural products, launched bio-inoculant result. This is a microbial inoculant that enhances the efficiency with which plant roots absorb nutrients from the soil, enhancing crop production and producers’ profitability while promoting soil longevity and sustainability for the environment. The result has the potency to produce an extra 3–4 bushels for every acre and has demonstrated significant yield improvement when compared to industry standards
The inoculants market is segmented:
1) By Type: Agricultural Inoculants, Silage Inoculants
2) By Form: Dry, Liquid
3) By Microbe: Bacterial, Fungal, Other Microbes
4) By Crop Type: Cereals And Grains, Oilseeds And Pulses, Fruits And vegetables, Forage, Other Crop Types
North America was the largest region in the inoculants market in 2022.
The table of contents in TBRC’s inoculants market report includes:
1. Executive Summary
2. Inoculants Market Characteristics
3. Inoculants Market Trends And Strategies
4. Inoculants Market – Macro Economic Scenario
5. Inoculants Market Size And Growth
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26. Africa Inoculants Market
27. Inoculants Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Inoculants Market
29. Inoculants Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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