The latest report by IMARC Group, titled “Agricultural Biologicals Market Report by Type (Biopesticides, Biofertilizers, Biostimulants), Source (Microbials, Macrobials, Biochemicals, and Others), Mode of Application (Foliar Spray, Soil Treatment, Seed Treatment, Post-harvest), Application (Cereals and Grains, Oilseed and Pulses, Fruits and Vegetables, Turf and Ornamentals, and Others), and Region 2024-2032“, The global agricultural biologicals market size reached US$ 14.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 44.6 Billion by 2032, exhibiting a growth rate (CAGR) of 13.1% during 2024-2032.

Farmers are increasingly turning to natural, eco-friendly solutions to boost crop production, combat pests and diseases, and foster environmentally responsible farming methods. This approach leverages the natural potency of beneficial microorganisms or compounds to promote healthy plant development and increase yields. By doing so, it supports sustainable agriculture practices, cutting down on chemical use, mitigating environmental harm, and nurturing the overall well-being of ecosystems. As the global demand for food continues to rise, agricultural biologicals are becoming a go-to choice for forward-thinking farmers committed to environmentally conscious practices.

Agricultural Biologicals Market Trends and Drivers:

The increasing demand for sustainable agriculture practices is the main driver of growth in the agricultural biologicals market. This demand is fueled by farmers and consumers becoming more conscious of the environmental impact of traditional chemical-based farming methods. As a result, a rising interest in agricultural biologicals that offer eco-friendly and sustainable alternatives. Government initiatives to reduce the use of and fertilizers due to environmental and health concerns are also pushing farmers towards safer alternatives, contributing to market growth. Advances in biotechnology and microbiology have resulted in the development of more targeted and effective agricultural biological solutions, further boosting sales. Additionally, the need for sustainable food production and the reduction of crop losses due to pests and diseases are driving the adoption of agricultural biologicals. Consumers' increasing awareness of health and environmental issues is also influencing the market positively, as they opt for organic produce.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/agricultural-biologicals-market/requestsample

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

  • Biopesticides
  • Biofertilizers
  • Biostimulants

Breakup by Source:

  • Microbials
  • Macrobials
  • Biochemicals
  • Others

Breakup by Mode of Application:

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

Breakup by Application:

  • Cereals and Grains
  • Oilseed and Pulses
  • Fruits and Vegetables
  • Turf and Ornamentals
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • Agri Life
  • Agrinos Inc.
  • Arysta LifeScience Corporation (UPL Limited)
  • BASF SE
  • Bayer AG
  • Isagro (PI Industries)
  • Marrone Bio Innovations Inc.
  • Novozymes A/S
  • Syngenta AG
  • The Dow Chemical Company
  • Valagro
  • Valent U.S.A. LLC (Sumitomo Chemical Co. Ltd.)

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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