Europe Agricultural Biologicals Market to Grow with a CAGR of 4.74% through 2029

Surge in research and development activities is expected to drive the Europe Agricultural Biologicals Market growth in the forecast period, 2025-2029.

According to TechSci Research report, “Europe Agricultural Biologicals Market – By Country, Competition, Forecast and Opportunities, 2019-2029F”, the Europe Agricultural Biologicals Market stood at USD 6.25 billion in 2023 and is anticipated to grow with a CAGR of 4.74% in the forecast period, 2024-2029. Government initiatives concerning agricultural biologicals have significantly influenced market dynamics in favor of the Europe Agricultural Biologicals Market. This favorable environment for growth stems from various factors driving the expansion of a diverse range of agricultural biological products. At the forefront of these efforts is the Organic Action Plan, a comprehensive program strategically formulated to stimulate investment and innovation in the organic farming sector while concurrently bolstering the demand for organic food.

The Organic Action Plan serves as a comprehensive framework aimed at incentivizing farmers to adopt organic farming practices, which inherently encompass the utilization of agricultural biologicals. These natural substances play a pivotal role in enhancing soil fertility and managing pests in an environmentally sustainable manner.

By promoting the adoption of organic farming methods and advocating for the integration of agricultural biologicals, the Organic Action Plan not only facilitates the transition towards eco-friendly agricultural practices but also fosters economic growth and resilience within the agricultural sector. This strategic alignment of policies underscores a commitment to cultivating sustainable agricultural systems that benefit both agricultural stakeholders and consumers.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Europe Agricultural Biologicals Market”

European governments are actively endorsing and advancing research and development endeavors within the agricultural biologicals sector through various initiatives and funding programs. A prominent illustration of this is the European Union's Horizon 2020 program, which earmarks substantial funds for research projects concentrated on sustainable agriculture and bio-based solutions. By offering significant financial backing, these government-sponsored initiatives not only spur innovation but also serve as pivotal drivers of market expansion in this sector. The dedicated funding facilitates the exploration of state-of-the-art technologies and solutions, fostering collaboration among researchers, industry professionals, and stakeholders.

The Europe Agricultural Biologicals Market is segmented into product type, mode of application, country distribution, and company.

Based on its product type, the microbials emerged as the fastest growing segment in the market. Agricultural extension services and educational programs are pivotal in encouraging the uptake of microbial-based products among farmers by offering them information, training, and technical assistance. These initiatives heighten awareness about the advantages of microbials, showcase their practical utility, and assist farmers in seamlessly incorporating them into their agricultural operations.

Based on country, Germany segment is expected to grow during the forecast period.

Germany's strategic investment in expanding its biorefinery infrastructure reflects its dedication to advancing sustainability and fostering innovation within the agricultural sector. By enhancing these facilities, Germany aims to streamline the production of bio-based agricultural inputs, particularly emphasizing agricultural biologicals.

Utilizing a variety of biomass feedstocks such as crop residues, organic waste, and by-products from biofuel production, German biorefineries possess the capability to extract valuable bioactive compounds. These compounds, sourced from natural origins, present significant potential for elevating agricultural productivity, sustainability, and resilience.

With their innovative capabilities, German biorefineries can precisely extract and refine bioactive compounds tailored to address specific agricultural needs. Ranging from biopesticides designed for pest management to biostimulants aimed at enhancing crop growth and resilience, these bio-based inputs provide sustainable alternatives to traditional agricultural methods.

Major companies operating in Europe Agricultural Biologicals Market are:

• BASF Services Europe GmbH
• Gowan Company, L.L.C.
• Syngenta France SAS
• Bayer AG
• Biolchim SPA

Download Free Sample Report

Customers can also request for 10% free customization on this report

“Macrobials, consisting of larger organisms such as insects, mites, nematodes, and microbial communities, are an exceptional and growing sector within the Europe agricultural biologicals market. European research organizations and biotech firms are actively involved in the exploration and advancement of macrobial-derived products and technologies. This encompasses the identification and introduction of innovative insect predators, entomopathogenic nematodes, and microbial agents designed to address specific agricultural challenges and conditions prevalent in Europe.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Europe Agricultural Biologicals Market, By Product Type (Microbials, Macrobials, Semiochemicals, Natural Products), By Mode of Application (Foliar Spray, Soil Treatment, Seed Treatment), By Country, Competition, Forecast and Opportunities, 2019-2029F”, has evaluated the future growth potential of Europe Agricultural Biologicals Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Europe Agricultural Biologicals Market.

Contact

Techsci Research LLC

420 Lexington Avenue, Suite 300,

New York, United States- 10170

Tel: +13322586602

Email: [email protected]               

Website: www.techsciresearch.com