Agricultural Biologicals Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[190+ Pages Report] According to the report published by Facts Factors, the global agricultural biologicals market size was worth around USD 7.2 billion in 2019 and is predicted to grow to around USD 13.5 billion by 2026 with a compound annual growth rate (CAGR) of roughly 9.4% between 2020 and 2026. The report analyzes the global agricultural biological market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the agricultural biological market.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the agricultural biologicals industry. The report analyzes and declares the historical and current trends analysis of the agricultural biologicals industry and subsequently recommends the projected trends anticipated to be observed in the agricultural biologicals market during the upcoming years.

The agricultural biologicals market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire agricultural biologicals market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Kilo Tons) and value (USD Million) from FY 2016 – 2026.

Key Insights from Primary Research

• The global agricultural biologicals market is anticipated to grow annually at a rate of around 9.4%
• It was established through primary research that the market generated revenue of around USD 7.2 billion in 2019
• The “Biopesticides” category, based on product type segmentation, was the leading revenue-generating category in 2019
• The “Cereals & Grains” category, based on crop type segmentation, was the leading revenue-generating category in 2019
• The “Seed Treatment” category, based on application segmentation, was the leading revenue-generating category in 2019

Key Recommendations from Analysts

• North America region dominated the global agricultural biologicals market in 2019 with a market share of around 35%
• There increasing demand for supreme quality crops globally has led to the development of crops that can resist pest attacks to some extent with the help of agricultural biologicals hence driving the global market
• Environmental damage caused due to the use of large quantities of harmful chemicals for crop protection is creating a demand for biological products that can replace the harmful chemicals hence boosting the global agricultural biologicals market
• Stringent government rules and regulations on the use of chemical fertilizers in the agriculture sector are anticipated to boost the agricultural biologicals market
• The Asia Pacific region is anticipated to grow with the fastest CAGR in the forecast period due to the emerging agriculture sector in countries such as India, South Korea, Philippines, Japan, and Thailand

Agricultural Biologicals Market Share in 2019 – By Crop Type

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the agricultural biologicals industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the agricultural biologicals industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the agricultural biologicals market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the agricultural biologicals industry. The agricultural biologicals market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the agricultural biologicals sector. Key strategic developments in the agricultural biologicals market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the agricultural biologicals market are appropriately highlighted in the report.

There increasing demand for supreme quality crops globally has led to the development of crops that can resist pest attacks to some extent with the help of agricultural biological driving the global market. Environmental damage caused due to the use of large quantities of harmful chemicals for crop protection is creating a demand for biological products that can replace the harmful chemicals hence boosting the global agricultural biologicals market.

Report Scope

North America region dominated the global agricultural biologicals market in 2019 with a market share of around 35% and is anticipated to continue its dominance in the forecast period. The growth of the agricultural biologicals market in the North America region is attributed to the ever-improving agricultural activities such as technological advancements, favorable government regulations, improving farming techniques, and continuous research and development initiatives.

The agricultural biologicals market research report delivers an acute valuation and taxonomy of the agricultural biologicals industry by practically splitting the market on the basis of different product types, crop types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

The regional segmentation of the agricultural biologicals industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the agricultural biologicals industry is provided for the leading economies of the world.

The agricultural biologicals market is segmented based on product type, crop type, and application. On the basis of product type segmentation, the market is classified into biopesticides, biostimulants, biofertilizers, and others. In terms of crop type segmentation, the market is bifurcated into cereals & grains, oilseeds & pulses, fruits & vegetables, and others. On the basis of application segmentation, the market is classified into foliar spray, seed treatment, soil treatment, and post-harvest.

Some of the essential players operating in the agricultural biologicals market, but not restricted to include

• Isagro S.P.A.
• Bayer AG
• Marrone Bio Innovations
• Vegalab S.A.
• Valent Biosciences
• Biolchim S.P.A.
• Valagro
• Symborg
• Seipasa
• Biobest Group Nv
• Agrinos Inc.
• CBF China Bio-Fertilizer AG
• Mapleton Agri Biotec
• Symborg S.L.
• BASF SE
• Syngenta Crop Protection AG
• UPL
• Evogene Ltd
• Lallemand
• Stockton Bio-AG
• Rizobacter Argentina SA
• Koppert Biological Systems
• Andermatt Biocontrol AG
• Verdesian Life Sciences LLC
• Kiwa Bio-Tech Products Group Corporation
• Sigma Agri-Science LLC
• Novozymes A/S
• National Fertilizers Ltd.
• and others.

The taxonomy of the agricultural biologicals industry by its scope and segmentation is as follows:

By Product Type Segmentation Analysis

• Biopesticides
• Biostimulants
• Biofertilizers
• Others

By Crop Type Segmentation Analysis

• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Others

By Application Segmentation Analysis

• Foliar Spray
• Seed Treatment
• Soil Treatment
• Post-harvest

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa