CHICAGO, June 2, 2023 /PRNewswire/ -- The Top Trends in the Agricultural Biologicals Market is projected to grow at a CAGR of 13.7% from an estimated value of USD 14.7 billion in 2023 to reach USD 27.9 billion by 2028 according to a report published by MarketsandMarkets.
The agricultural biological market is experiencing growth due to various factors. These include a rising awareness of organic food, growing concerns about the risks associated with chemical usage, a high demand for valuable crops, increased awareness of residue levels in food, and the presence of favorable regulatory frameworks. Additionally, the adoption of agricultural biological products is playing a significant role in driving this market's expansion.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=139215554
Browse in-depth TOC on "Top Trends in the Agricultural Biologicals Market"
200 - Tables
50 - Figures
300 - Pages
Bio nematicides is estimated to be the most important market trend among the top trends in agricultural biologicals market
The fastest growing trend in the agricultural biologicals market is bionematicides, which are estimated to be the most significant market trend among the top trends. Nematodes pose a serious threat to crops, causing heavy infestations and substantial losses each year. One major challenge in dealing with nematodes is finding a solution that effectively controls them without harming the plants' growth. Bio nematicides are gaining increasing importance worldwide due to their ability to address this challenge. The application of crop protection chemicals and the use of ingredients to control nematodes are key drivers for the growth of this market segment.
Bioinsecticides is estimated to be the second-most important market trend in the agricultural biologicals market
Bioinsecticides are projected to stand second, in terms of the fastest-growing trends, during the forecast period from 2021 to 2026. The increasing awareness of agricultural technology and the growing incidence of pest attacks are driving the demand for bioinsecticides. Insects pose a significant threat to high-value crops like soybean, potato, corn, and tomato, leading to strong infestations. As a result, the demand for bioinsecticides is particularly high in North America. Biopesticides have gained significant adoption and popularity in North America as a sustainable and environmentally friendly alternative to conventional chemical pesticides. The region has witnessed a surge in demand for biopesticides due to increased awareness about the negative impacts of synthetic pesticides on human health and the environment. North American farmers and growers are increasingly embracing biopesticides to manage pests and diseases while minimizing their ecological footprint.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=139215554
International manufacturers in Europe and the Americas are facing intense competition as they strive to leverage the market potential in the agriculture biologicals sector.
The agricultural biologicals market in Europe and the Americas has attracted significant competition among international manufacturers. These regions offer immense market potential due to several factors, including stringent regulations on chemical pesticide use, growing consumer demand for sustainable and organic products, and government initiatives supporting environmentally friendly agricultural practices. As a result, numerous international manufacturers are striving to capitalize on these opportunities.
This report includes a study of the marketing and development strategies, along with the product portfolio of leading companies. These companies include BASF SE (Germany), Bayer AG (Germany), UPL (India), Pro Farm Inc. (US), Corteva AgriSciences (US), Valent BioSciences (US), Koppert Biological Systems (Netherlands), and Certis USA LLC (US), which are some of the well-established and financially stable players that have been operating in the industry for several years. Other players include Valagro S.P.A. (Italy), Syngenta AG (Switzerland), Stockton Bio-AG (Israel), Valent BioSciences (US), and Rizobacter (Argentina), among others.
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=139215554
Browse Adjacent Reports @ Agriculture Industry Market Research Reports & Consulting
Related Reports:
Biological Seed Treatment Market by Type (Microbials and Botanicals), Crop (Corn, Wheat, Soybean, Cotton, Sunflower, and Vegetable Crops), Function (Seed Protection and Seed Enhancement), and Region - Global Forecast to 2025
Crop Protection Chemicals Market by Type (Herbicides, Insecticides, Fungicides & Bactericides), Origin (Synthetic, Biopesticides), Form (Liquid, Solid), Mode of Application (Foliar, Seed Treatment, Soil Treatment), Crop Type and Region - Global Forecast to 2025
About MarketsandMarkets
MarketsandMarkets is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Aashish Mehra
MarketsandMarkets INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/top-10-trend-agricultural-biological-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/top-10-trend-agricultural-biological.asp
Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/top-trends-in-the-agricultural-biologicals-market-worth-27-9-billion-by-2028--exclusive-report-by-marketsandmarkets-301841014.html
