Agricultural Microbials Market: Segmented By Crop Type (Cereals & Grains, Oilseeds & Pulses, and Fruits & Vegetables); By Type (Bacteria, Fungi, Virus, and Protozoa) and Region – Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030
Global Agricultural Microbials Market to surpass USD 12.3 billion by 2030 from USD 8.1 billion in 2020 at a CAGR of 14.94% in the coming years, i.e., 2021-30. Product Overview Agricultural micr... もっと見る
SummaryGlobal Agricultural Microbials Market to surpass USD 12.3 billion by 2030 from USD 8.1 billion in 2020 at a CAGR of 14.94% in the coming years, i.e., 2021-30.Product Overview Agricultural microbial means the microorganisms used in farming to improve crop productivity and yield quality. Agriculture's microbial inoculants have target-specific roles, making them ideal for use in a variety of crops. Agricultural microorganisms are naturally occurring organisms like moulds and bacteria that provide plants with nutrients like phosphorus and nitrogen. These microorganisms also help to boost soil structure, nutrient processing, ecological balance, and plant productivity and sustainability. Market Highlights Global Agricultural Microbials Market is expected to project a notable CAGR of 14.94% in 2030. One of the driving forces for the agricultural and microbial market is the growing need to nourish an ever-increasing world population combined with increasing demand for sustainable farming practices and public concern for environmental safety. Another driver for the use of microbial products is the public's problem over environmental safety. The forces which drive microbial demand involve the need to increase crop yields per acre while promoting increasingly sustainable practices, finding biological alternatives to boost environmental production with a reduction in environmental pressure, or supplementing integrated practices. Global Agricultural Microbials Market: Segments Fruits & Vegetable segment to grow with the highest CAGR during 2020-30 Global Agricultural Microbials Market is segmented by Crop Type into Cereals & Grains, Oilseeds & Pulses, and Fruits & Vegetables. The segment of fruits and vegetables will represent USD XXXX billion by 2030 as the largest market part. The fast-moving focus on fruit and vegetable consumption within the demography is pushing the demand towards optimal nutrition. Production volumes of fruit and vegetables around the world have also increased. In the developed and developing countries, increased per capita incomes also propel the demand for food generated naturally. Bacteria segment to grow with the highest CAGR during 2020-30 Global Agricultural Microbials is divided by type into Bacteria, Fungi, Virus, Protozoa. Bacteria will have the largest market share in the segment, with USD XXXX billion expected by 2030. There are approximately 1.408.525 successfully registered bacteria strains and they are the biggest group of microorganism strains registered and used by different industries. In contrast to all other microorganisms, bacterial strains have been characterized and utilized for cultivation most effectively and make XX.X% percent of all globally registered microorganism strains. In agriculture, the use of biofertilizers and biopesticides in agriculture has increased because they produce higher and healthier yields sustainably. Market Dynamics Drivers Need to satisfy the demand of growing demography One of the driving forces for the agricultural and microbial market is the growing need to nourish an ever-increasing world population combined with increasing demand for sustainable farming practices and public concern for environmental safety. One of the major drivers for the use of microbial products is the public's problem over environmental safety. The forces which drive microbial demand involve the need to increase crop yields per acre while promoting increasingly sustainable practices, finding biological alternatives to boost environmental production with a reduction in environmental pressure, or supplementing integrated practices. Key component of IPM practices Microorganisms are becoming increasingly important as a crucial constituent of integrated pest management practices (IPM), which, due to the proliferation of IPM among farmers, in turn, has a positive effect on the growth of the agricultural microbial sector. Consumer demand for organic food and the growing use of organic farming also propel the market growth of agricultural microbials. Restraint High cost and counterfeit products The high cost of use and delayed consequences of microbial inoculants in comparison to traditional chemical agrochemicals are the key factors hindering the market growth and acceptance of agricultural microbials. The presence of many counterfeit goods on the market and the introduction of government regulations are presenting manufacturers with several challenges in their development. Global Agricultural Microbials Market: Key Players BASF SE (Germany) Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis Bayer CropScience (Germany) Sumitomo Chemicals Company Ltd. (Japan) Monsanto Company (US) Corteva (US) Syngenta AG (Switzerland) Certis USA LLC (US) Marrone Bio Innovations (US) CHR. Hansen Holdings (Denmark) Isagro S.p.A (Italy) UPL Corporation (India) Verdesian Life Sciences LLC (US) Other Prominent Players Global Agricultural Microbials Market: Regions Global Agricultural Microbials market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Global Agricultural Microbials in North America held the largest market share of XX.X% in the year 2020. The area is undergoing high growth in organic agriculture, agricultural conversions from traditional to organic, and research is developing new biological solutions. The increased growth of valuable crops and increased farmers' understanding of the environmental advantages of microbial solutions would provide greater scope for the global expansion of agricultural microbials. Global Agricultural Microbials Market is further segmented by region into: North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA Global Agricultural Microbials Market report also contains analysis on: Agricultural Microbials Market Segments: By Crop Type Cereals & Grains Oilseeds & Pulses Fruits & Vegetables By Type Bacteria Fungi Virus Protozoa Agricultural Microbials Market Dynamics Agricultural Microbials Market Size Supply & Demand Current Trends/Issues/Challenges Competition & Companies Involved in the Market Value Chain of the Market Market Drivers and Restraints Agricultural Microbials Market Report Scope and Segmentation Frequently Asked Questions How big is the Agricultural Microbials market? What is the Agricultural Microbials market growth? Which segment accounted for the largest Agricultural Microbials market share? Who are the key players in the Agricultural Microbials market? What are the factors driving the Agricultural Microbials market? Table of ContentsContents1. Executive Summary 2. Global Agricultural Microbials Market 2.1. Product Overview 2.2. Market Definition 2.3. Segmentation 2.4. Assumptions and Acronyms 3. Research Methodology 3.1. Research Objectives 3.2. Primary Research 3.3. Secondary Research 3.4. Forecast Model 3.5. Market Size Estimation 4. Average Pricing Analysis 5. Macro-Economic Indicators 6. Market Dynamics 6.1. Growth Drivers 6.2. Restraints 6.3. Opportunity 6.4. Trends 7. Correlation & Regression Analysis 7.1. Correlation Matrix 7.2. Regression Matrix 8. Recent Development, Policies & Regulatory Landscape 9. Risk Analysis 9.1. Demand Risk Analysis 9.2. Supply Risk Analysis 10. Global Agricultural Microbials Market Analysis 10.1. Porters Five Forces 10.1.1. Threat of New Entrants 10.1.2. Bargaining Power of Suppliers 10.1.3. Threat of Substitutes 10.1.4. Rivalry 10.2. PEST Analysis 10.2.1. Political 10.2.2. Economic 10.2.3. Social 10.2.4. Technological 11. Global Agricultural Microbials Market 11.1. Market Size & forecast, 2020A-2030F 11.1.1. By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 11.1.2. By Volume (Billion Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12. Global Agricultural Microbials Market: Market Segmentation 12.1. By Regions 12.1.1. North America:(U.S. and Canada), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2. By Crop Type: Market Share (2020-2030F) 12.2.1. Cereals & Grains, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.2. Oilseeds & Pulses, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.3. Fruits & Vegetables, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3. By Type: Market Share (2020-2030F) 12.3.1. Bacteria, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3.2. Fungi, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3.3. Virus, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3.4. Protozoa, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 13. Company Profile 13.1. BASF SE (Germany) 13.1.1. Company Overview 13.1.2. Company Total Revenue (Financials) 13.1.3. Market Potential 13.1.4. Global Presence 13.1.5. Key Performance Indicators 13.1.6. SWOT Analysis 13.1.7. Product Launch 13.2. Bayer CropScience (Germany) 13.3. Sumitomo Chemicals Company Ltd. (Japan) 13.4. Monsanto Company (US) 13.5. Corteva (US) 13.6. Syngenta AG (Switzerland) 13.7. Certis USA LLC (US) 13.8. Marrone Bio Innovations (US) 13.9. CHR. Hansen Holdings (Denmark) 13.10. Isagro S.p.A (Italy) 13.11. UPL Corporation (India) 13.12. Verdesian Life Sciences LLC (US) 13.13. Other Prominent Players Consultant Recommendation **The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
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