The global market for agricultural biologicals is estimated at USD 16.7 billion in 2024 and is projected to reach USD 31.8 billion by 2029, at a CAGR of 13.8% during the forecast period. According to FiBL & IFOAM - Organics International, organic farming exists in 188 countries, with more than 96 million hectares of farmland managed organically by at least 4.5 million farmers. In 2022, global sales of organic food and beverages skyrocketed to almost USD 142.0 billion. This wide acceptance and high growth of market revenues reflect the strong consumer preference towards sustainable, chemical-free farming, which directly benefits the agricultural biologicals market. As demand for organic products grows, so does demand for natural, environmentally friendly inputs like biostimulants, biopesticides, and biofertilizers, promoting innovation and expansion in the sector.
Key player such as Syngenta Group (Switzerland), BASF (Germany), FMC Corporation (US), Corteva (US), Bayer AG (Germany), UPL (India) are dominating the agricultural biologicals market. These companies are investing substantially for product launches and innovations in agricultural biologicals space. For instance, in March 2023, Bayer AG launched Serenade ASO, a biological fungicide, that targets a wide range of fungal diseases in crops, offering farmers an effective and sustainable alternative to traditional chemical fungicides. FMC Corporation launched ENTAZIA biofungicide in August 2023, a cutting-edge crop protection product, formulated with Bacillus subtilis, representing a major leap forward in sustainable agriculture.
In the US, the market for agricultural biologicals is driven by federal policies such as the Organic Foods Production Act and state-level activities in organic and biological farming practices. Other factors driving the growth of the agricultural biologicals market include growing consumer demand for organic produce and increasing adoption of IPM strategies.
In Canada, proactive initiatives in the realm of sustainable agriculture and care for the environment further back the use of biological products. According to the FiBL & IFOAM - Organics International (2024), in 2023, organic farming across North America involved over 3.6 million hectares - 2.06 million hectares in the US and 1.56 million hectares in Canada - accounting for 0.8 percent of this region's agricultural land. This vigorous engagement in organic farming strengthens North America's lead in the agricultural biologicals market.
Over 44 percent of the organic farmland in North America, amounting to 1.6 million hectares, was dedicated to arable crops. Key crops grown in North America region are cereals, oilseeds, and dry pulses. The total organic farmland used for these crops is mentioned below:
Source: FiBL & IFOAM - Organics International (2024)
Key player such as Syngenta Group (Switzerland), BASF (Germany), FMC Corporation (US), Corteva (US), Bayer AG (Germany), UPL (India) are dominating the agricultural biologicals market. These companies are investing substantially for product launches and innovations in agricultural biologicals space. For instance, in March 2023, Bayer AG launched Serenade ASO, a biological fungicide, that targets a wide range of fungal diseases in crops, offering farmers an effective and sustainable alternative to traditional chemical fungicides. FMC Corporation launched ENTAZIA biofungicide in August 2023, a cutting-edge crop protection product, formulated with Bacillus subtilis, representing a major leap forward in sustainable agriculture.
Regulatory pressures and harmful effects associated with synthetic plant protection products.
The surge in the market for agricultural biologicals occurs amidst rising regulatory pressures and harmful effects from synthetic plant protection products. Governments, in fact, are tightening regulations over synthetic pesticides with respect to their harmful effects on the environment and human health. For example, the Farm-to-Fork Strategy of the European Union states that the use of chemical pesticides shall be reduced by 50% by 2030, thus accelerating demand for safer alternatives. Moreover, it has been studied that synthetic pesticides not only result in biodiversity loss but also make way for causing soil degradation. Thus, further pushing the trend towards using biological solutions. This growing trend is also fueled by rising consumer awareness and demand for sustainable, eco-friendly agricultural practices.In 2023, biocontrol products dominated the agricultural biologicals market within the function segment.
According to the FAO, up to 40% of global crop production is lost annually due to plant pests and diseases. Plant diseases, such as coffee leaf rust and banana fusarium wilt, have an annual cost estimated at more than USD 220 billion to the global economy. Other than that, invasive insects, such as desert locusts and red palm weevils, cause losses of at least USD 70 billion yearly. These significant economic impacts state that there is a need for effective pest management, consequently growing the biocontrol segment of the agricultural biologicals market as they are sustainable in nature. Biopesticides are a sustainable and environmentally friendly substitute for chemical pesticides, gaining popularity for combating pervasive threats.Within the crop type segment of agricultural biologicals market, fruits & vegetables is expected to grow at highest CAGR during the forecast period.
The growth is powered by increasing consumer demand for organically grown and sustainable food. According to the Organic Industry Survey 2022, organic fruits and vegetables made up 15% of the total product market in the US, which pulled in over USD 21 billion of revenue for 2021, which marked a 4.5% increase from the previous year. The produce category, which includes fruits and vegetables, was a big driver of this growth. In fact, categories such as dried beans, fruits, and vegetables grew 6% and 6.5%, respectively, year over year. This theme aligns with consumers' growing interest in organic produce and is driving the demand for agricultural biologicals such as biostimulants, biopesticides, and biofertilizers.The North American region is expected to dominate the agricultural biologicals market during the forecast period.
Factors such as large areas of farmland in the US and Canada, established advanced agriculture practices, high investments in research and development, and well-framed regulatory frameworks to foster sustainable agriculture will continue to help the North American region dominate the market during the forecast period. These countries have institutionalized mechanisms of integrating biopesticides and biofertilizers into their production systems. At its simplest, the trend is a dedication to lower dependency on chemical pesticides and heightened sustainability in agriculture.In the US, the market for agricultural biologicals is driven by federal policies such as the Organic Foods Production Act and state-level activities in organic and biological farming practices. Other factors driving the growth of the agricultural biologicals market include growing consumer demand for organic produce and increasing adoption of IPM strategies.
In Canada, proactive initiatives in the realm of sustainable agriculture and care for the environment further back the use of biological products. According to the FiBL & IFOAM - Organics International (2024), in 2023, organic farming across North America involved over 3.6 million hectares - 2.06 million hectares in the US and 1.56 million hectares in Canada - accounting for 0.8 percent of this region's agricultural land. This vigorous engagement in organic farming strengthens North America's lead in the agricultural biologicals market.
Over 44 percent of the organic farmland in North America, amounting to 1.6 million hectares, was dedicated to arable crops. Key crops grown in North America region are cereals, oilseeds, and dry pulses. The total organic farmland used for these crops is mentioned below:
Source: FiBL & IFOAM - Organics International (2024)
The Break-up of Primaries:
- By Value Chain Side: Demand Side - 30% and Supply Side - 70%
- By Designation: CXOs - 30%, Managers - 30%, Executives - 40%
- By Region: North America - 25%, Europe - 25%, APAC - 25%, South America - 15%, and RoW - 10%
Research Coverage:
The report segments the agricultural biologicals market based on product type, function, crop type, mode of application, and region. In terms of insights, this report has focused on various levels of analyses - the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the agricultural biologicals market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, services, key strategies, contracts, partnerships, and agreements. New product launches, mergers and acquisitions, and recent developments associated with the agricultural biologicals market. This report covers a competitive analysis of upcoming startups in the agricultural biological market ecosystem.Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall agricultural biologicals market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities. The report provides insights on the following pointers:- Analysis of key drivers (Regulatory pressures and harmful effects associated with a synthetic plant
- protection products, Rise in resistance development in various pest and insect species to drive consumption of natural biocontrol protection in agriculture, and Strongly rising trend for organically produced foods among consumers driving demand for biologicals), restraints (Technological and environmental constraints for use of biologicals and Absence of well-constructed marketing routes and surrounding infrastructure), opportunities (Advancements in microbial research undertaken by key players across regions and Increasing importance of sustainable food production in global regions), and challenges (High preference for agrochemicals among farmers across regions and Presence of counterfeit products in the market across regions).
- Product Development/Innovation: Detailed insights on research & development activities and new product launches in the agricultural biologicals market.
- Market Development: Comprehensive information about lucrative markets - the report analyses the agricultural biologicals market across varied regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the agricultural biologicals market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like BASF SE (Germany), Syngenta Group (Switzerland), Bayer AG (Germany), FMC Corporation (US), Corteva (US), UPL (India), Nufarm (Australia), Novonesis (Denmark), Lallemand Inc (Canada), Mosaic (US), Rovensa Next (Spain), Sumitomo Chemical Co., Ltd (Japan), SEIPASA, S.A. (Spain), Koppert (Netherlands), Gowan Company (US), Certis USA L.L.C. (US), BIONEMA (UK), Biobest Group NV (Belgium), Verdesian Life Sciences (US), Bioceres Crop Solutions (Argentina), Biotalys NV (Belgium), Sustainable Agro Solutions, S.A.U (Spain), STK Bio-AG (Israel), Vegalab SA (Switzerland), and Andermatt Group AG (Switzerland).
Table of Contents
1 Introduction
2 Research Methodology
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Agricultural Biologicals Market, by Type
8 Agricultural Biologicals Market, by Source
9 Agricultural Biologicals Market, by Mode of Application
10 Agricultural Biologicals Market, by Crop Type
11 Agricultural Biologicals Market, by Region
12 Competitive Landscape
13 Company Profiles
14 Adjacent and Related Markets
15 Appendix
List of Tables
2023 (USD/Ton)
List of Figures
2024 vs. 2029 (USD Million)
2024 vs. 2029 (USD Million)
2024 vs. 2029 (USD Million)
2024 vs. 2029 (USD Million)
2024 vs. 2029 (USD Million)
2024 vs. 2029 (USD Million)
Companies Mentioned
- BASF SE
- Syngenta Group
- Fmc Corporation
- Upl
- Bayer AG
- Corteva
- Lallemand Inc
- Nufarm
- Mosaic
- Sumitomo Chemical Co. Ltd
- Novonesis Group
- Bioceres Crop Solutions
- Koppert
- Gowan Company
- Seipasa, SA
- Rovensa Next
- Sustainable Agro Solutions, SAU.
- Certis Usa L.L.C.
- Bionema
- Biobest Group Nv
- Andermatt Group AG.
- Biotalys Nv
- Verdesian Life Sciences
- Vegalab SA
- Stk Bio-AG Technologies
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 391 |
Published | August 2024 |
Forecast Period | 2024 - 2029 |
Estimated Market Value ( USD | $ 16.7 Billion |
Forecasted Market Value ( USD | $ 31.8 Billion |
Compound Annual Growth Rate | 13.8% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |