United States Agricultural Biologicals Market to Witness Steady Growth through 2025

High yield of harvest and improved crop health is expected to drive the growth of United States agricultural biologicals market.

According to TechSci Research report, “United States Agricultural Biologicals Market By Function (Crop Protection and Crop Enhancement), By Product Type (Microbials, Macrobials, Semiochemicals, Natural Products, By Mode of Application (Foliar spray, Soil Treatment and Seed treatment), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Other), By Region, Competition, Forecast & Opportunities, 2025”, United States agricultural biologicals market is expected to witness steady CAGR during the forecast period. Agricultural biologicals act as better substitute for the synthetic chemical fertilizers that leads to hazardous problems for the environment and human. This is one of the major factors accounting for the growth of United States agricultural biologicals market. Moreover, weed and insect resistance to chemicals which are used in agriculture, is expected to bode well for the growth of United States agricultural biologicals market through the forecast period. In addition to this, high yield, and improved nutrition content in plants, is positively influencing the growth of United States agricultural biologicals market. Also, agricultural biologicals help the farmers in increasing yield and reducing plant stress, which is making headway for the growth of United States agricultural biologicals market. However, there are some factors that might act as major impediments to the growth of United States agricultural biologicals market through 2025 such as lack of awareness regarding benefits of bio-based agricultural products among farmers and high cost compared to chemical fertilizers.

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United States agricultural biologicals market can be segmented based on function, product type, mode of application, crop type, company, and region. Considering the product type, the market is fragmented into microbials, macrobials, semiochemicals, natural products and others. Here, the microbials segment dominated the US agricultural biologicals market in terms of largest market share until 2019 and is further anticipated to maintain its dominance during the forecast period as well owing to availability of strains along with ease of production. Moreover, high rate of adoption among farmers is further contributing to the growing trend. The utilization of microbials is pretty simple as the user does not need to have specific technical knowledge. This factor is resulting in high acceptance of microbial solutions compared to other type of agricultural biologicals among growers and farmers.

Forte Composites Inc, ACO Polymer, Bouygues, Wacker Chemical Corporation, Kwik Bond Polymers, Sika Corporation, Sauereisen, Inc., ErgonArmor, Crown Polymers Corp., are among others are the leading players operating in United States agricultural biologicals market. The players are adopting several growth strategies to enhance the market scenario of agricultural biologicals. Other competitive strategies include product launches; mergers & acquisitions; agreements, partnerships, and collaborations; and expansions to diverse their product portfolio in order to strengthen their market position.

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“United States is forecast to register substantial growth in the agricultural biologicals market during the next five years on account of regulations supporting the use of bio-based products in the country. Furthermore, upsurge in research activities is further boosting the market growth for agricultural biologicals in country. In addition to this, presence of major agrochemical companies present in the country, which are focusing on manufacturing bio-based agricultural products, is further expected to fuel United States agricultural biologicals market growth through 2025.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

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