Increasing implementation of IMP (Integrated Pest Management) worldwide and the depleting costs for developing microbials are the significant factors fueling the market for agricultural microbials.
Market Size: USD 17.48 billion in 2020, Market Growth: 14.5%, Market Trend: Favorable government initiatives and investments in the agricultural sector.
According to a new report generated by Reports and Data, the global Agricultural Microbial Market is estimated to reach USD 17.48 Billion by 2028, with a CAGR of 14.5%. Increasing demand for biofertilizers to improve crop quality is expanding the agricultural microbial market.
Agricultural microbes are naturally occurring organisms such as bacteria, fungi, protozoa, and viruses that supply nutrients to the plants. They help in improving the soil quality as well as plant growth and efficiency.
Increasing implementation of IMP (Integrated Pest Management) worldwide and the depleting costs for developing microbials are the significant factors fueling the market for agricultural microbials. Additionally, the private and public sectors are investing in R&D activities to develop improved products to enhance plant quality and growth.
However, factors such as the absence of advanced technologies for microbial inoculants and the maintenance of enormous microorganisms during seed treatment, along with shorter shelf life and higher chances of spoilage due to climatic changes, are the key factors depleting the market growth of the agricultural microbials.
Moreover, the COVID-19 pandemic has caused havoc in the global industry for the agricultural sector. The import and export are on hold due to the rising cases and lockdown orders to limit the virus from spreading.
Further key findings:
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For this study, Reports and Data has segmented the global agricultural microbial market based on Type, Crop Type, Functions, Mode of Application, Formulations, and Region:
Based On Type: (Revenue, USD billion, 2018 – 2028)
Based On Crop type: (Revenue, USD billion, 2018 – 2028)
Based On Functions: (Revenue, USD billion, 2018 – 2028)
Based On Application: (Revenue, USD billion, 2018 – 2028)
Based On Formulation: (Revenue, USD billion, 2018 – 2028)
Based On Region: (Revenue, USD billion, 2018 – 2028)
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Table Of Contents
Chapter 1. Methodology and Scope 1.1. Market Segmentation & Scope 1.2. Market Definition 1.3. Information Procurement 1.3.1. Purchased Database 1.3.2. Internal Database 1.3.3. Secondary Sources & Third-Party Perspectives 1.3.4. Primary Research 1.4. Information Analysis 1.4.1. Data Analysis Models 1.5. Market Formulation & Data Visualization 1.6. Data Validation & Publishing
Chapter 2. Executive Summary 2.1. Market Outlook 2.2. Segmental Outlook 2.3. Competitive Insights
Chapter 3. Drip Irrigation Market Variables, Trends & Scope
Chapter 4. Consumer Behavior Analysis
Chapter 5. Agricultural Microbial Market: Type Estimates & Trend Analysis
Chapter 6. Agricultural Microbial Market: Crop Type Estimates & Trend Analysis
Chapter7. Agricultural Microbial Market: Functions Estimates & Trend Analysis
Chapter 8. Agricultural Microbial Market: Application Estimates & Trend Analysis
Chapter 9. Sulfur Fertilizers Market: Cultivation Formulation Estimates & Trend Analysis
Chapter 10. Sulfur Fertilizer Market: Regional Estimates & Trend Analysis
Chapter 11. Competitive Analysis
Chapter 12. Company Profiles 12.1. BASF SE (Germany) 12.1.1. Company Overview 12.1.2. Financial Performance 12.1.3. Product Benchmarking 12.1.4. Strategic Initiatives 12.2. Bayer CropScience (Germany) 12.2.1. Company Overview 12.2.2. Financial Performance 12.2.3. Product Benchmarking 12.2.4. Strategic Initiatives 12.3. Sumitomo Chemicals Company Ltd. (Japan) 12.3.1. Company Overview 12.3.2. Financial Performance 12.3.3. Product Benchmarking 12.3.4. Strategic Initiatives 12.4. Corteva (US) 12.4.1. Company Overview 12.4.2. Financial Performance 12.4.3. Product Benchmarking 12.4.4. Strategic Initiatives 12.5. Syngenta AG (Switzerland) 12.5.1. Company Overview 12.5.2. Financial Performance 12.5.3. Product Benchmarking 12.5.4. Strategic Initiatives 12.6. Certis USA LLC (US) 12.6.1. Company Overview 12.6.2. Financial Performance 12.6.3. Product Benchmarking 12.6.4. Strategic Initiatives 12.7. Novozymes A/S (Denmark) 12.7.1. Company Overview 12.7.2. Financial Performance 12.7.3. Product Benchmarking 12.7.4. Strategic Initiatives 12.8. Dow AgroSciences LLC (US) 12.8.1. Company Overview 12.8.2. Financial Performance 12.8.3. Product Benchmarking 12.8.4. Strategic Initiatives 12.9. Verdesian Life Sciences, LLC (US) 12.9.1. Company Overview 12.9.2. Financial Performance 12.9.3. Product Benchmarking 12.9.4. Strategic Initiatives 12.10. Italpollina Usa, Inc. (US) 12.10.1. Company Overview 12.10.2. Financial Performance 12.10.3. Product Benchmarking 12.10.4. Strategic Initiatives 12.11. Mitsubishi Shoji Foodtech Co., Ltd. (Japan) 12.11.1. Company Overview 12.11.2. Financial Performance 12.11.3. Product Benchmarking 12.11.4. Strategic Initiatives
Continued…..
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