Agricultural Biological Trends and Forecast
The future of the global agricultural biological market looks promising with opportunities in the cereals and grains, oilseed and pulses, fruits and vegetables, and turf and ornamental markets. The global agricultural biological market is expected to reach an estimated $31.1 billion by 2030 with a CAGR of 12.8% from 2024 to 2030. The major drivers for this market are growing interest in sustainable and environmentally friendly farming methods, rising knowledge of the negative consequences of chemical pesticides, and increasing worries about food security.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Agricultural Biological by Segment
The study includes a forecast for the global agricultural biological by type, source, mode of application, application, and region.
Agricultural Biological Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Biopesticides
• Biofertilizers
• Biostimulants
Agricultural Biological Market by Source [Shipment Analysis by Value from 2018 to 2030]:
• Microbials
• Macrobials
• Biochemicals
• Others
Agricultural Biological Market by Mode of Application [Shipment Analysis by Value from 2018 to 2030]:
• Foliar Spray
• Soil Treatment
• Seed Treatment
• Post-Harvest
Agricultural Biological Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Cereals and Grains
• Oilseed and Pulses
• Fruits and Vegetables
• Turf and Ornamentals
• Others
Agricultural Biological Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Agricultural Biological Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies agricultural biological companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the agricultural biological companies profiled in this report include-
• Agri Life
• Agrinos
• BASF SE
• Bayer AG
• Marrone Bio Innovations
• Novozymes A/S
• Syngenta AG
• The Dow Chemical Company
• Valagro
• Valent U.S.A.
Agricultural Biological Market Insights
Lucintel forecasts that biostimulants is expected to witness the highest growth over the forecast period due to growing need to increase crop yield and quality, rising organic farming and demand for organic food, and increasing awareness about environmental safety with the use of biostimulants.
Within this market, cereals and grains will remain the largest segment due to growing consumer demand for organic grains and cereals, vast area dedicated to their production, as well as, growing awareness regarding health and the adverse effects of chemical pesticides on public health.
Europe is expected to witness highest growth over the forecast period due to rising adoption of natural versus synthetic products, growing demand for organic products, increasing government support, and rising health consciousness.
Features of the Global Agricultural Biological Market
Market Size Estimates: Agricultural biological market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Agricultural biological market size by type, source, mode of application, application, and region in terms of value ($B).
Regional Analysis: Agricultural biological market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, source, mode of application, application, and regions for the agricultural biological market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the agricultural biological market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the agricultural biological market size?
Answer: The global agricultural biological market is expected to reach an estimated $31.1 billion by 2030.
Q2. What is the growth forecast for agricultural biological market?
Answer: The global agricultural biological market is expected to grow with a CAGR of 12.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the agricultural biological market?
Answer: The major drivers for this market are growing interest in sustainable and environmentally friendly farming methods, rising knowledge of the negative consequences of chemical pesticides, and increasing worries about food security.
Q4. What are the major segments for agricultural biological market?
Answer: The future of the global agricultural biological market looks promising with opportunities in the cereals and grains, oilseed and pulses, fruits and vegetables, and turf and ornamental markets.
Q5. Who are the key agricultural biological market companies?
Answer: Some of the key agricultural biological companies are as follows:
• Agri Life
• Agrinos
• BASF SE
• Bayer AG
• Marrone Bio Innovations
• Novozymes A/S
• Syngenta AG
• The Dow Chemical Company
• Valagro
• Valent U.S.A.
Q6. Which agricultural biological market segment will be the largest in future?
Answer: Lucintel forecasts that biostimulants is expected to witness the highest growth over the forecast period due to growing need to increase crop yield and quality, rising organic farming and demand for organic food, and increasing awareness about environmental safety with the use of biostimulants.
Q7. In agricultural biological market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to witness highest growth over the forecast period due to rising adoption of natural versus synthetic products, growing demand for organic products, increasing government support, and rising health consciousness.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the agricultural biological market by type (biopesticides, biofertilizers, and biostimulants), source (microbials, macrobials, biochemicals, and others), mode of application (foliar spray, soil treatment, seed treatment, and post-harvest), application (cereals and grains, oilseed and pulses, fruits and vegetables, turf and ornamentals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Agricultural Biological Market, Agricultural Biological Market Size, Agricultural Biological Market Growth, Agricultural Biological Market Analysis, Agricultural Biological Market Report, Agricultural Biological Market Share, Agricultural Biological Market Trends, Agricultural Biological Market Forecast, Agricultural Biological Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.