North America to Dominate Agricultural Biologicals Market until 2025

Increasing trend of sustainable agriculture is expected to drive the growth of global agricultural biologicals market.

According to TechSci Research report, “Global 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”, global agricultural biologicals market is expected to witness robust growth rate during the forecast period. New product launches and agreements is one of the major factors accounting for the growth of global agricultural biologicals market. Moreover, increasing demand from supreme quality harvest from farm produce is expected to bode well for growth of global 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 global agricultural biologicals market. Also, environment is exploited because of the overuse of crop protection chemicals, which is making headway for the growth of global agricultural biologicals market across the globe. Along with this, strict rules and regulations on account of excessive use of synthetic fertilizers by agricultural product regulatory bodies and agencies, is expected to positively contribute to the market growth during the next five years. However, there are some factors that might act as major impediment to the growth of global agricultural biologicals market through 2025 such as lower shelf life of the products.

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Global agricultural biologicals market can be segmented based on function, product type, mode off 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 global agricultural biologicals market in terms of largest market share until 2019 and is further anticipated to hold its dominance during the forecast period as well. Additionally, availability of strains along with ease of production are some of the key factors leading to the dominance of microbials in the agricultural biologicals market. Moreover, high rate of adoption of microbials among farmers is further contributing to the growing trend. Moreover, the utilization of microbials is pretty simple, as it does not need the user to have specific technical knowledge. This factor is resulting in high acceptance of microbial solutions when compared to other type of agricultural biologicals among growers and cultivators.

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 global 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 diversify their product portfolio in order to strengthen their market position.

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“North America is expected to dominate global agricultural biologicals market during the next five years on account of early adoption of modern agricultural technologies. Furthermore, continuous research and development activities coupled with high number of patents received for biopesticides and biostimulants by the major market players based in the region, is further expected to boost the demand for agricultural biologicals in region over the coming years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

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