Europe Agricultural Biologicals Market to Witness High Growth until 2025
Growing need to improve the crop health is expected to drive the growth of Europe agricultural biologicals market.
According
to TechSci Research report, “Europe 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 (Macroindicators,
Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Other),
By Country, Competition, Forecast & Opportunities, 2025”,
Europe agricultural biologicals market is expected to witness a substantial
CAGR over the forecast period. Growing consumer interest in organic products is one of the major factors accounting
for the growth of Europe agricultural biologicals market.
Moreover, weed and insect resistance to chemicals seeds which are used in agriculture,
is expected to bode well for the growth of Europe agricultural biologicals
market through the forecast period. In addition to this, rise in awareness
among the farmers regarding the use of biologicals, is positively influencing
the growth of Europe agricultural biologicals market. Also, surging production
of cereals, grains, fruits & vegetables, among others is making headway for
the growth of Europe agricultural biologicals market over the coming years.
Along with this, stringent rules for the use of excessive amount of synthetic
fertilizers by regulatory bodies is positively contributing to the market
growth during the next five years. However, there are some factors that might
act as major impediments to the growth of Europe agricultural biologicals market
through 2025 including lower shelf life of the products.
Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on " Europe Agricultural Biologicals Market "
Europe
agricultural biologicals market can be segmented based on function, product
type, mode of application, crop type, company, and region. Considering the crop
type, the market is fragmented into macroindicators, cereals & grains,
oilseeds & pulses, fruits & vegetables, other. Here, the fruits &
vegetables segment dominated the Europe 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. This growth is attributable
to rise in demand for organic fruits & vegetables, which in turn leading to
high usage of biocontrol products to enhance the yield. Furthermore, biostimulants
are proven to improve the shape and size of fruits, thereby increasing the crop
yield. In addition to this, the usage of biostimulants also improve the shelf
life of crops, including tomatoes, apples, grapes, and mangoes, which is
further contributing to the growing trend.
BASF SE, Isagro S.P.A., Syngenta Crop
Protection AG, Bayer AG, UPL, Marrone Bio Innovations, Evogene Ltd, Vegalab
S.A., Lallemand, Valent Biosciences, Stockton Bio-AG, Biolchim S.P.A., Rizobacter,
Valagro, Koppert Biological Systems, are among others are the leading
players operating in Europe 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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“Europe is forecast to register high growth in the agricultural
biologicals market over the next five years on account of growing requirement
for new innovations in order to meet the food needs of a growing population in
the region. Furthermore, rising investments in research and development is further
boosting the market growth for agricultural biologicals in region. In addition
to this, surging concerns pertaining to the environmental impacts of current
agricultural practices, is further propelling the market growth.”, said Mr.
Karan Chechi, Research Director with TechSci Research, a research-based global
management consulting firm.
“Europe 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 (Macroindicators, Cereals
& Grains, Oilseeds & Pulses, Fruits & Vegetables, Other), By Country,
Competition, Forecast & Opportunities, 2025” 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.
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