The global demand for Agriculture Microbial Market is presumed to reach the market size of nearly USD 22.06 MN by 2028 from USD 7.9 MN in 2021 with a CAGR of 15.8% under the study period 2022 - 2028.
Agricultural microbes are soil microorganisms that are required to decompose organic matter and recycle old plant material. Agriculture microbial are a diverse group of bacteria, fungi, protozoa, and viruses used in agricultural practices to improve and enhance soil fertility. Agriculture microbial offer numerous advantages, including drought tolerance, heat tolerance, insect resistance, and plant disease resistance. Agriculture microbial are the microorganisms that have extensive in agriculture for the improvement of crop productivity and the quality of yield.
Market Dynamics
The global agricultural microbial market has been witnessing significant growth due to the increasing awareness and support from various agencies for the use of agricultural microbial. The increasing investments have emerged as a key trend gaining popularity in the agricultural microbial market. Moreover, a rising number of organic farming practices and growing demand for residue-free crop protection products drive market growth. Furthermore, rising personal disposable income and increasing consciousness towards maintaining good soil health are the major factors fostering the market growth. However, the shorter shelf life of agricultural microbial will pose a significant challenge to market growth. On the other side, expansion of the agricultural industry, growing focus on innovations by the agricultural sector, surging cultivation of cereals, and grains and fruits and vegetables around the world drives the market growth.
The research 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 an inclusive assessment of each segment in the global market of agriculture microbial. The growth and trends of agriculture microbial industry provide a holistic approach to this study.
Market Segmentation
This section of the agriculture microbial market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Bacteria
- Fungi
- Virus
- Other Types
By Function
- Soil Amendment
- Crop Protection
By Formulation
- Dry Formulation
- Liquid Formulation
By Mode Of Application
- Soil Treatment
- Foliar Spray
- Seed Treatment
By Application
- Cereals And Grains
- Oilseeds And Pulses
- Fruits And Vegetables
- Turf And Ornamentals
- Other Applications
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Agriculture Microbial market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Agriculture Microbial 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 agriculture microbial market include BASF SE, Certis USA LLC, Bayer Cropscience AG, Marrone Bio Innovations Inc., Sumitomo Chemical (Valent BioSciences LLC), UPL Limited (Arysta Lifescience Limited), Syngenta AG, Chr. Hansen Holdings AS, IsAgro SpA, Koppert BV, BioAg Alliance (Bayer/Novozymes), Lallemand Inc., Verdesian Life Sciences LLC, Italpollina AG, Precision Laboratories LLC. This section consists of 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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