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Agricultural Microbials - Global Strategic Business Report

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    Report

  • 93 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5301725
The global market for Agricultural Microbials was estimated at US$11.3 Billion in 2023 and is projected to reach US$26.4 Billion by 2030, growing at a CAGR of 12.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global Agricultural Microbials Market - Key Trends and Drivers Summarized

How Are Agricultural Microbials Revolutionizing Modern Farming?

Agricultural microbials, a category of biological products comprising beneficial microorganisms such as bacteria, fungi, viruses, and protozoa, are transforming the landscape of modern farming by providing eco-friendly solutions to enhance crop health, productivity, and sustainability. These microorganisms work symbiotically with plants to improve nutrient uptake, enhance resistance to pests and diseases, and stimulate overall plant growth. For instance, bacteria like Bacillus and Pseudomonas help break down organic matter, releasing nutrients such as nitrogen and phosphorus, which are essential for plant growth.

Similarly, fungi such as Trichoderma and mycorrhizae form symbiotic relationships with plant roots, improving water absorption and nutrient uptake. These microbials not only offer a natural alternative to chemical fertilizers and pesticides but also contribute to soil health by restoring the microbial diversity that is often depleted by conventional agricultural practices. As the agricultural sector faces increasing pressure to produce more food sustainably, agricultural microbials are becoming an integral part of farming systems worldwide, particularly in organic and regenerative agriculture, where they help reduce the environmental footprint of food production.

Why Are Agricultural Microbials Gaining Importance in Sustainable Farming?

The growing importance of agricultural microbials in sustainable farming stems from their ability to address several environmental and agricultural challenges. First and foremost, they provide an effective means of reducing reliance on synthetic fertilizers and chemical pesticides, which have been linked to issues such as soil degradation, water contamination, and the loss of biodiversity. By enhancing natural processes like nitrogen fixation and nutrient cycling, microbials allow farmers to reduce the input of synthetic chemicals while maintaining or even improving crop yields.

For example, nitrogen-fixing bacteria convert atmospheric nitrogen into forms that plants can absorb, significantly reducing the need for chemical nitrogen fertilizers. Furthermore, certain microbial products act as biological control agents, protecting crops from a variety of pests and diseases by outcompeting harmful pathogens or producing compounds that inhibit their growth. This reduces the need for chemical pesticides, lowering the risk of pesticide resistance and contributing to more resilient agricultural systems.

Moreover, microbials play a critical role in improving soil health by enhancing microbial diversity and organic matter content, which are essential for long-term soil fertility and water retention. As climate change and environmental degradation continue to threaten global food security, agricultural microbials are increasingly viewed as a key solution to ensuring the sustainability and resilience of agricultural systems.

What Role Is Technology Playing in the Development of Agricultural Microbials?

Technology is a driving force behind the rapid development and adoption of agricultural microbials, enhancing their effectiveness and making them more accessible to farmers. Advances in microbial research, particularly in genomics and biotechnology, have enabled scientists to identify and engineer specific strains of microorganisms that can target particular crops or agricultural challenges with high precision. For instance, genomic sequencing has allowed researchers to select microbial strains that are highly efficient at nitrogen fixation or phosphorus solubilization, leading to the development of more specialized and effective microbial products.

Formulation technologies have also seen significant improvements, with innovations in encapsulation and stabilization techniques ensuring that microbial products remain viable for longer periods, improving their shelf life and efficacy under diverse environmental conditions. Precision agriculture technologies are further advancing the use of microbials by enabling farmers to apply these products more accurately, ensuring that they are delivered exactly where and when they are needed.

Tools like drones, GPS-guided tractors, and soil health sensors allow for the targeted application of microbials, maximizing their impact while minimizing waste. These technological advancements are making agricultural microbials not only more effective but also more appealing to a wide range of farming operations, from large-scale commercial farms to smallholder farmers seeking sustainable and cost-effective alternatives to conventional inputs.

What Factors Are Fueling the Growth of the Agricultural Microbials Market?

The growth in the agricultural microbials market is driven by several key factors, including increasing demand for sustainable agricultural practices, advances in microbial research, and the shifting preferences of both farmers and consumers. One of the primary growth drivers is the global push for sustainability in agriculture, as governments and environmental organizations call for reduced use of synthetic fertilizers and pesticides due to their adverse environmental impacts. Agricultural microbials offer a viable alternative that can improve soil health and crop productivity while mitigating pollution and conserving biodiversity.

The rising costs of synthetic agricultural inputs, exacerbated by supply chain disruptions and geopolitical issues, have also encouraged farmers to seek more affordable and sustainable options like microbials. Additionally, consumer demand for organic and pesticide-free food is pressuring agricultural producers to adopt greener farming practices, further boosting the adoption of microbial products, particularly in organic farming.

The continued advances in microbial research and formulation technologies are making these products more efficient and reliable, increasing their appeal to a broader range of farmers. Finally, supportive government policies, particularly those promoting sustainable farming and carbon sequestration through soil health initiatives, are creating favorable regulatory environments for the agricultural microbials market. As a result, this sector is experiencing robust growth, with new innovations and applications continually expanding the potential of microbials to address the evolving needs of modern agriculture.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Cereals & Grains Crop Type segment, which is expected to reach US$8.6 Billion by 2030 with a CAGR of a 13.3%. The Oilseeds & Pulses Crop Type segment is also set to grow at 12.0% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $2.9 Billion in 2023, and China, forecasted to grow at an impressive 16.9% CAGR to reach $6.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Agricultural Microbials Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Agricultural Microbials Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Agricultural Microbials Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players in the Global Agricultural Microbials Market such as Agrilife Biosolutions Ltd., BASF SE, Bayer CropScience, Bioworks, Inc., Certis USA LLC and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 37 companies featured in this Global Agricultural Microbials market report include:

  • Agrilife Biosolutions Ltd.
  • BASF SE
  • Bayer CropScience
  • Bioworks, Inc.
  • Certis USA LLC
  • CHR. Hansen Holdings
  • Corteva
  • Koppert Biological Systems B.V
  • Lallemand Plant Care
  • Monsanto Company
  • Novozymes
  • Pivot Bio
  • Sumitomo Chemicals Company Ltd.
  • Syngenta AG
  • Wilbur-Ellis Holdings Inc.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Global Economic Update
  • Agricultural Microbials - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Rising Demand for Organic Produce Expands Adoption of Microbial-Based Inputs
  • Sustainability Initiatives Propel Growth in Agricultural Microbials Market
  • Climate Change Adaptation Drives Interest in Stress-Resilient Microbial Solutions
  • Increased Focus on Soil Health and Regeneration Boosts Demand for Soil Microbials
  • Advances in Microbial Biotechnology Propel Innovation in Agricultural Inputs
  • Growing Consumer Awareness of Pesticide-Free Farming Spurs Adoption of Bio-Control Microbials
  • Integrated Pest Management Practices Strengthen the Case for Microbial Products
  • Here`s How Precision Agriculture Drives Efficiency and Use of Microbial Solutions
  • Crop Yield Optimization Efforts Accelerate Adoption of Beneficial Microbial Strains
  • Here`s How Microbial Seed Treatments Gain Traction for Enhanced Crop Resilience
  • Focus on Reducing Chemical Residues Drives Demand for Natural Crop Protection Microbials
  • Advances in Formulation Technology Propel Growth in Microbial-Based Fertilizers
  • Increasing Investment in Soil Microbiome Research Sustains Long-Term Market Growth
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Agricultural Microbials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Agricultural Microbials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Agricultural Microbials by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Cereals & Grains by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Cereals & Grains by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Cereals & Grains by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Oilseeds & Pulses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Oilseeds & Pulses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Oilseeds & Pulses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Fruits & Vegetables by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Fruits & Vegetables by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Fruits & Vegetables by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Other Crop Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Other Crop Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Other Crop Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Soil Treatment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Soil Treatment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Soil Treatment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Seed Treatment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Seed Treatment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Seed Treatment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 24: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Foliar Spray by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 26: World Historic Review for Foliar Spray by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 27: World 16-Year Perspective for Foliar Spray by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Soil Amendments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 29: World Historic Review for Soil Amendments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 30: World 16-Year Perspective for Soil Amendments by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 31: World Recent Past, Current & Future Analysis for Crop Protection by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 32: World Historic Review for Crop Protection by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 33: World 16-Year Perspective for Crop Protection by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 34: World Recent Past, Current & Future Analysis for Liquid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 35: World Historic Review for Liquid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 36: World 16-Year Perspective for Liquid by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 37: World Recent Past, Current & Future Analysis for Dry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 38: World Historic Review for Dry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 39: World 16-Year Perspective for Dry by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 40: World Agricultural Microbials Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Agricultural Microbials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Agricultural Microbials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Agricultural Microbials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Agricultural Microbials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Agricultural Microbials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Agricultural Microbials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Agricultural Microbials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Agricultural Microbials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Agricultural Microbials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Agricultural Microbials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Agricultural Microbials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Agricultural Microbials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Agricultural Microbials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

Some of the 37 companies featured in this Global Agricultural Microbials market report include:
  • Agrilife Biosolutions Ltd.
  • BASF SE
  • Bayer CropScience
  • Bioworks, Inc.
  • Certis USA LLC
  • CHR. Hansen Holdings
  • Corteva
  • Koppert Biological Systems B.V
  • Lallemand Plant Care
  • Monsanto Company
  • Novozymes
  • Pivot Bio
  • Sumitomo Chemicals Company Ltd.
  • Syngenta AG
  • Wilbur-Ellis Holdings Inc.

Table Information