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Agricultural Microbials Market by Type, Function, Crop Type, Mode of Application, Formulation And Region - Global Forecast to 2022

Agricultural Microbials Market: Global Forecast until 2022

  • April 2018
  • 193 pages
  • ID: 3887588
In this report:
The high rate of adoption of microbial insecticides the Indian agriculture is expected to lead the bioinsecticides segment to grow at the highest CAGR of ##.##% among all crop protection solutions during the forecast period.
However, the dry formulation segment, which stood at USD ##,##.## million in 2016, is expected to grow at a relatively faster rate of ##.##% during the forecast period.

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The agricultural microbials market is estimated to rise at a compound annual growth rate of ~14.2 percent.

The agricultural microbials market is estimated to grow ~$6.0B by 2022, from ~$3.1B in 2017, at a compound annual growth rate (CAGR) of ~14.2 percent. The agricultural microbials market is expected to rise at an exponential rate due to Elements such as the increase in demand for sustainable agricultural practices, favorable government regulations, growth in demand for high-value crops, and increase in the number of investments from top players in this industry. The main factors restraining the rise of agricultural microbials are the shorter shelf-life, field persistence, and storage conditions of microbial pesticides.

The crop protection segment is forecasted to be the quickest-increasing between 2017 and 2022.

Crop protection is the main function targeted by larger firms in the agricultural microbials market.The hazards caused to the environment by chemical pesticide residues can be alleviated with the help of microbial pesticides.

Phasing out of highly toxic pesticides in regions including Europe and Asia-Pac has proven to be a main driver for the microbial crop protection solutions market, and has opened new avenues for the introduction of less toxic microbial pesticide products.

The fruits & vegetables segment is expected to dominate the sector in 2017.

The industry for the use of agricultural microbials in fruit & vegetable cultivation is projected to dominate the worldwide market in 2017.The overall production of fruits and vegetables has increased and so has the stringency of regulations pertaining to pesticide residue on the food.

Also, standard agricultural practices have been set for the produce to qualify for better price grades, which comprises better quality with respect to size, color, and sugar content; prevention of fruit drops; and enhanced ripening.The use of agricultural microbials results in a rise in fruit size, early increase, better shelf-life, higher yield, reduced pest infestation, and enhanced antioxidant activity.

Therefore, agricultural microbials help in compliance with the domestic regulations, export standards, and improve the salability of the product.

North America (NA) is forecasted to dominate the agricultural microbials market in 2017.

The North America (NA) sector for agricultural microbials is influenced by the simple registration process, rise in consumer preference for organic products, and increase in consumer perception about the ill-effects of synthetic pesticides on human health.The sector for agricultural microbials in the european area is expected to grow at the highest compound annual growth rate (CAGR) between 2017 and 2022.

The ban on the use of neonicotinoids, glyphosate, and paraquat is predicted to push the increase of the European agricultural microbials sector.

The breakdown of the primaries on the basis of company type, description, and area conducted during the business research study, is like:

• By Company category: Tier 1 - 55.0 percent, Tier 2 - 30.0 percent, and Tier 3 - 15.0 percent

• By Description: C-suite - 40.0 percent, D-Level - 20.0 percent, and Others* - 40.0 percent

• By Area: North America continent - 20.0 percent, Europe (EU) - 30.0 percent, Asia Pacific (APAC) - 35.0 percent, and rest of the world - 15.0 percent

*Others contain sales managers, marketing managers, and product managers.

Note: Tier 1: Revenue >= $1.0B; Tier 2: USD 100 million< Revenue< $1.0B; Tier 3: Revenue =< $100.0M

The overall market for agricultural microbials is leaded by, is monopolized by big players including BASF, Bayer, Monsanto BioAg, BioWorks, DowDuPont, Syngenta, and Certis. Some emerging actors in the agricultural microbials market contain Marrone Bio Innovations, Koppert, Arysta LifeScience, Valent BioSciences, and Isagro.

Segment Research

The industry report examines the agricultural microbials market across various class and localities.It aims at evaluating the market value and upcoming growth potential of this market across distinct segments including type, function, crop type, mode of application, formulation, and area.

Moreover, the study also comprises detailed competitive review of the main actors in the industry, together with their company descriptions, recent evolutions, and key industries strategies.

Main highlights

The analysis will facilitate the market top players/new sector entrants in this sector by providing them the closest approximations of the revenue numbers for the global agricultural microbials market and its sub-segments.This industry report will facilitate partners to better find out the competitor overview, gain additional insights to better option their businesses, and devise suitable go-to-market approaches.

The market research will also assist partners to comprehend the sector and offer them information on main market drivers, market restraints, opportunities, and alternatives.

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