The global demand for Agricultural Inoculants Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
An agriculture inoculant is also known as soil inoculant or microbial inoculant mainly comprises of beneficial microbes that help to promote plant growth. These inoculants are helping plants and crops by delivering nutrients and suppressing diseases, as a result of promoting plant growth. It can be applied on the seed or added into the soil to improve plant nutrition, crop yield and prevent soil-borne diseases. These are environment-friendly and can be used as a potential alternative to chemical fertilizers and pesticides for crops.
The driving force behind the market growth is the rising agriculture industry coupled with the growing adoption of organic farming activities. In addition to this, rising consumer knowledge regarding the adverse effect of synthesized chemical fertilizer and pesticides is also boosting the market growth. Apart from this, growing concerns for agricultural sustainability, soil health, and environmental safety, agricultural inoculants are rapidly being used. Furthermore, rising demand for food to meet the demand of the rising population and limited availability of farming land is another factor has a positive impact on the market. However, short shelf life which may hamper the market growth. Implementation of favorable government policies and innovation in the agriculture field are the factors that propel the demand in the coming years.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of agricultural inoculants.
The entire agricultural inoculants market has been sub-categorized into type, microbes, application, and crop type. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Plant Growth Promoting Microorganisms
- Bio-Control Agents
- Plant-Resistant Stimulants
- Nitrogen-fixing Bacteria
- Phosphate-solubilizing Bacteria
- Trichoderma Spp.
By Crop Type
- Seed Inoculation
- Soil Inoculation
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
This section covers regional segmentation which accentuates on current and future demand for agricultural inoculants market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Agricultural Inoculants Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the agricultural inoculants market include Advanced Biological Marketing Inc., BASF SE, Dow Chemical Company, Bayer Crop Science, Brettyoung, Novozymes A/S, Verdesian Life Sciences LLC, XiteBio Technologies Inc., Precision Laboratories LLC, etc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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