Agricultural Biologicals Market Worth $6.2 Bn in 2017

Friday 13 January 2017, Amsterdam

This new report, now available on ASDReports, the Agricultural Biologicals Market Report 2017-2027:  Forecasts by Type: Biopesticides (Microbial, Bacterial, Fungi, Virus, Other, Bio-Rationals, Botanical Extracts, Semio-Chemicals), Biostimulants (Humic Acid, Fulvic Acid, Amino Acid, Extracts, Other), Biofertilizers (Nitrogen-Fixing, Phosphate Solubilizing, Potash Mobilizing, Other) by Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseed & Pulses, Turf & Forage Grasses, Rest Crops, Other)  indicates that the global agricultural biologicals market will see $6.2bn in spending in 2017.

The lead analyst of the report said:  “The worldwide agricultural biologicals market is driven by numerous variables, for example, development along with expanding food demand from a rising populace. The market is expected to benefit from subsidies, financial aids, and R&D programs to support conventional farmers to switch to organic farming. However, there is no proper framework and definition for agricultural biologicals which is accepted around the globe, nor does there exist legislation, and there are no regulatory authorities that define this market globally. Nonetheless, the number of patents for agricultural biologicals by geography is led by the U.S. followed by Europe and Japan”

The term agricultural biologicals include different substances and compounds that are instrumental in substituting or complementing the conventional fertilizers, plant growth regulators and pesticide chemicals used widely in agriculture. These agricultural biologicals are very significant environmentally as they aid in reducing the negative environmental impact of agriculture. Agricultural biologicals include naturally-occurring solutions, for example, plant extracts, beneficial insects, other organic materials, and microbial that enable agriculturalists to improve the crop yield and crop quality and promote sustainable development by using naturally derived substances for agriculture.

The increasing demand for organic products, the environmental hazards caused due to traditional agrochemicals, increasing area under degraded soil, and the need to increase agriculture production to meet the requirement of an ever growing population is driving the agricultural biologicals market across the globe.

The 163 page report contains 168 tables, charts and graphs that add visual analysis in order to explain developing trends within the agricultural biologicals market. The key player provide forecasts for the period 2017-2027 for the 3  leading major submarkets and also the subsegments within those; Biopesticides (Microbial, Bacterial, Fungi, Virus, Other, Bio-Rationals, Botanical Extracts, Semio-Chemicals), Biostimulants (Humic Acid, Fulvic Acid, Amino Acid, Extracts, Other) and Biofertilizers (Nitrogen-Fixing, Phosphate Solubilizing, Potash Mobilizing, Other)  

The report also includes forecasts for the agricultural biologicals market by crop type: Cereals & Grains, Fruits & Vegetables, Oilseed & Pulses, Turf & Forage Grasses, Other Crops, Other

The report provides detailed profiles of 10 leading companies operating within the agricultural biologicals market including BASF, Bayer AG, Mitsui & Co. Ltd (Certis USA LLC), Isagro SpA, Koppert B.V., Marrone Bio Innovation Inc., Novozymes A/S, T.Stanes & Company Limited, The Dow Chemical Company

The study also segments the market by region and country: North America, (USA, Canada, Mexico), South America (Argentina, Brazil, Paraguay, Bolivia, Rest of South America), Europe (France, Spain, UK, Germany, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, Thailand, Rest of Asia-Pacific) RoW (South Africa, Tanzania, Other Countries)