The inoculants market size has grown strongly in recent years. It will grow from $1.27 billion in 2024 to $1.39 billion in 2025 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to increased agricultural practices, increased awareness and education, crop rotation trends, environmental concerns, market competition.
The inoculants market size is expected to see strong growth in the next few years. It will grow to $2.01 billion in 2029 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to climate change impact, government sustainability initiatives, research and development investments, consumer demand for sustainable agriculture, precision agriculture. Major trends in the forecast period include technological innovations, technology adoption, crop-specific solutions, collaborations and partnership, sustainable practices.
The increasing demand for genetically modified plants is expected to drive the growth of the inoculants market in the future. Genetically modified plants are those that have been altered using recombinant DNA technology, which involves inserting specific DNA sequences into the plant's genome to introduce new traits or characteristics. Inoculants support genetically modified plants by enhancing their productivity and sustainability. Microbial inoculants are eco-friendly and sustainable plant nutrient carriers that can reduce the impact of chemical inputs while improving the quality and quantity of agricultural products. For example, in July 2024, the U.S. Department of Agriculture, a U.S.-based government agency, reported that over 90% of corn, upland cotton, and soybeans grown in the U.S. are currently produced using genetically engineered (GE) varieties. Thus, the rising demand for genetically modified plants is driving the growth of the inoculants market.
The growing adoption of organic farming is anticipated to drive the growth of the inoculants market in the future. Organic farming is an agricultural practice that utilizes biological pesticides and fertilizers derived from plant or animal waste. This method supports the inoculants market as inoculants are commonly used as crop growth regulators in organic farming. For example, in June 2022, a survey conducted by the Organic Trade Association (OTA), a U.S.-based business association for the organic industry in North America, revealed that organic industry sales exceeded $63 billion, reflecting a total growth of $1.4 billion (2%) over the previous year. Furthermore, organic food, which represented over 90% of organic product sales, also experienced a 2% increase, reaching $57.5 billion. Thus, the rising use of organic farming is fueling the growth of the inoculants market.
Leading companies in the inoculants market are concentrating on developing advanced products with high concentrations of viable microorganisms to improve nitrogen fixation in soybeans. Inoculants consist of concentrated populations of viable microorganisms aimed at enhancing soil fertility and promoting plant growth. For example, in July 2024, Novonesis, a U.S.-based biosolutions company, launched Legumax Plus, a biological inoculant formulated with *Bradyrhizobium japonicum* to boost nitrogen fixation in soybeans and other crops while simplifying transport and application. With a bacterial concentration of up to five billion CFU/ml and a stability of 12 months, this product minimizes application volumes and enhances logistics for farmers. Legumax Plus is poised to make a significant impact on the inoculant market by improving nitrogen fixation efficiency and addressing logistical challenges, thereby setting a new standard in agricultural biotechnology.
Product innovation is a prominent trend in the inoculants market, with companies such as Lavie Bio Ltd. focusing on developing groundbreaking solutions. In May 2022, Lavie Bio Ltd. introduced Bio-Inoculant Result, enhancing nutrient absorption efficiency for plant roots. This microbial inoculant not only boosts crop production and profitability but also promotes soil longevity and sustainability.
In March 2024, EW Nutrition GmbH, a Germany-based animal nutrition company, acquired DSM-Firmenich for an undisclosed amount. This acquisition is intended to strengthen EW Nutrition's market presence in the animal nutrition sector by incorporating established silage inoculants into its product portfolio. DSM-Firmenich is a Netherlands-based provider of inoculants.
Major companies operating in the inoculants market include Corteva Inc., BASF SE, Bayer AG, Novozymes A/S, Verdesian Life Sciences LLC, BrettYoung seeds Limited, Queensland Agricultural Seeds, XiteBio Technologies Inc., Precision Laboratories LLC, Cargill Incorporated, Koninklijke DSM N.V., Kemin Industries Inc., Microbial Biological Fertilizers International (MBFi), Advanced Biological Marketing Inc., Archer Daniels Midland Company, Horticultural Alliance Inc., Syngenta AG, AquaBella Organics LLC, Dow Inc., Premier Tech, Bioceres Crop Solutions, Lesaffre, Lallemond Inc., Mapleton Agri Biotec Pty. Ltd., New Edge Microbials Pty. Ltd., T.Stanes & Company Limited, Bactolife A/S, Rhizobia Inoculants Inc., Symbionix Inc., TerraMax Inc.
North America was the largest region in the inoculants market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global inoculants market report during the forecast period. The regions covered in the inoculants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the inoculants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Inoculants are live microorganisms that serve as biological stimulants or biocontrol substances, showcasing versatility in their various effects and processes in plants, including promoting beneficial effects on seed germination. They ensure that the legume's unique microbes are available to the plant after germination.
The main categories of inoculants include agricultural inoculants and silage inoculants. Silage inoculants consist of bacteria selected to dominate crop fermentation in the silo. Silage inoculants are classified into two groups based on their fermentation of glucose, a common plant sugar. These inoculants are available in various forms, including dry and liquid. The diverse microbes involved encompass bacteria, fungi, and other microorganisms. Inoculants are utilized across various crop types, including cereals and grains, oilseeds and pulses, fruits and vegetables, forage, and others.
The inoculants market research report is one of a series of new reports that provides inoculants market statistics, including inoculants industry global market size, regional shares, competitors with an inoculants market share, detailed inoculants market segments, market trends, and opportunities, and any further data you may need to thrive in the inoculants industry. This inoculants market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The inoculants market consists of sales of different types of inoculants, such as algae inoculants, freeze-dried inoculants, symbiotic inoculants, non-symbiotic inoculants, associative inoculants, etc. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The inoculants market size is expected to see strong growth in the next few years. It will grow to $2.01 billion in 2029 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to climate change impact, government sustainability initiatives, research and development investments, consumer demand for sustainable agriculture, precision agriculture. Major trends in the forecast period include technological innovations, technology adoption, crop-specific solutions, collaborations and partnership, sustainable practices.
The increasing demand for genetically modified plants is expected to drive the growth of the inoculants market in the future. Genetically modified plants are those that have been altered using recombinant DNA technology, which involves inserting specific DNA sequences into the plant's genome to introduce new traits or characteristics. Inoculants support genetically modified plants by enhancing their productivity and sustainability. Microbial inoculants are eco-friendly and sustainable plant nutrient carriers that can reduce the impact of chemical inputs while improving the quality and quantity of agricultural products. For example, in July 2024, the U.S. Department of Agriculture, a U.S.-based government agency, reported that over 90% of corn, upland cotton, and soybeans grown in the U.S. are currently produced using genetically engineered (GE) varieties. Thus, the rising demand for genetically modified plants is driving the growth of the inoculants market.
The growing adoption of organic farming is anticipated to drive the growth of the inoculants market in the future. Organic farming is an agricultural practice that utilizes biological pesticides and fertilizers derived from plant or animal waste. This method supports the inoculants market as inoculants are commonly used as crop growth regulators in organic farming. For example, in June 2022, a survey conducted by the Organic Trade Association (OTA), a U.S.-based business association for the organic industry in North America, revealed that organic industry sales exceeded $63 billion, reflecting a total growth of $1.4 billion (2%) over the previous year. Furthermore, organic food, which represented over 90% of organic product sales, also experienced a 2% increase, reaching $57.5 billion. Thus, the rising use of organic farming is fueling the growth of the inoculants market.
Leading companies in the inoculants market are concentrating on developing advanced products with high concentrations of viable microorganisms to improve nitrogen fixation in soybeans. Inoculants consist of concentrated populations of viable microorganisms aimed at enhancing soil fertility and promoting plant growth. For example, in July 2024, Novonesis, a U.S.-based biosolutions company, launched Legumax Plus, a biological inoculant formulated with *Bradyrhizobium japonicum* to boost nitrogen fixation in soybeans and other crops while simplifying transport and application. With a bacterial concentration of up to five billion CFU/ml and a stability of 12 months, this product minimizes application volumes and enhances logistics for farmers. Legumax Plus is poised to make a significant impact on the inoculant market by improving nitrogen fixation efficiency and addressing logistical challenges, thereby setting a new standard in agricultural biotechnology.
Product innovation is a prominent trend in the inoculants market, with companies such as Lavie Bio Ltd. focusing on developing groundbreaking solutions. In May 2022, Lavie Bio Ltd. introduced Bio-Inoculant Result, enhancing nutrient absorption efficiency for plant roots. This microbial inoculant not only boosts crop production and profitability but also promotes soil longevity and sustainability.
In March 2024, EW Nutrition GmbH, a Germany-based animal nutrition company, acquired DSM-Firmenich for an undisclosed amount. This acquisition is intended to strengthen EW Nutrition's market presence in the animal nutrition sector by incorporating established silage inoculants into its product portfolio. DSM-Firmenich is a Netherlands-based provider of inoculants.
Major companies operating in the inoculants market include Corteva Inc., BASF SE, Bayer AG, Novozymes A/S, Verdesian Life Sciences LLC, BrettYoung seeds Limited, Queensland Agricultural Seeds, XiteBio Technologies Inc., Precision Laboratories LLC, Cargill Incorporated, Koninklijke DSM N.V., Kemin Industries Inc., Microbial Biological Fertilizers International (MBFi), Advanced Biological Marketing Inc., Archer Daniels Midland Company, Horticultural Alliance Inc., Syngenta AG, AquaBella Organics LLC, Dow Inc., Premier Tech, Bioceres Crop Solutions, Lesaffre, Lallemond Inc., Mapleton Agri Biotec Pty. Ltd., New Edge Microbials Pty. Ltd., T.Stanes & Company Limited, Bactolife A/S, Rhizobia Inoculants Inc., Symbionix Inc., TerraMax Inc.
North America was the largest region in the inoculants market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global inoculants market report during the forecast period. The regions covered in the inoculants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the inoculants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Inoculants are live microorganisms that serve as biological stimulants or biocontrol substances, showcasing versatility in their various effects and processes in plants, including promoting beneficial effects on seed germination. They ensure that the legume's unique microbes are available to the plant after germination.
The main categories of inoculants include agricultural inoculants and silage inoculants. Silage inoculants consist of bacteria selected to dominate crop fermentation in the silo. Silage inoculants are classified into two groups based on their fermentation of glucose, a common plant sugar. These inoculants are available in various forms, including dry and liquid. The diverse microbes involved encompass bacteria, fungi, and other microorganisms. Inoculants are utilized across various crop types, including cereals and grains, oilseeds and pulses, fruits and vegetables, forage, and others.
The inoculants market research report is one of a series of new reports that provides inoculants market statistics, including inoculants industry global market size, regional shares, competitors with an inoculants market share, detailed inoculants market segments, market trends, and opportunities, and any further data you may need to thrive in the inoculants industry. This inoculants market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The inoculants market consists of sales of different types of inoculants, such as algae inoculants, freeze-dried inoculants, symbiotic inoculants, non-symbiotic inoculants, associative inoculants, etc. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Inoculants Market Characteristics3. Inoculants Market Trends and Strategies4. Inoculants Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Inoculants Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Inoculants Market34. Recent Developments in the Inoculants Market
5. Global Inoculants Growth Analysis and Strategic Analysis Framework
6. Inoculants Market Segmentation
7. Inoculants Market Regional and Country Analysis
8. Asia-Pacific Inoculants Market
9. China Inoculants Market
10. India Inoculants Market
11. Japan Inoculants Market
12. Australia Inoculants Market
13. Indonesia Inoculants Market
14. South Korea Inoculants Market
15. Western Europe Inoculants Market
16. UK Inoculants Market
17. Germany Inoculants Market
18. France Inoculants Market
19. Italy Inoculants Market
20. Spain Inoculants Market
21. Eastern Europe Inoculants Market
22. Russia Inoculants Market
23. North America Inoculants Market
24. USA Inoculants Market
25. Canada Inoculants Market
26. South America Inoculants Market
27. Brazil Inoculants Market
28. Middle East Inoculants Market
29. Africa Inoculants Market
30. Inoculants Market Competitive Landscape and Company Profiles
31. Inoculants Market Other Major and Innovative Companies
35. Inoculants Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Inoculants Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on inoculants market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for inoculants? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The inoculants market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Agricultural Inoculants; Silage Inoculants2) By Form: Dry; Liquid
3) By Microbe: Bacterial; Fungal; Other Microbes
4) By Crop Type: Cereals and Grains; Oilseeds and Pulses; Fruits and vegetables; Forage; Other Crop Types
Subsegments:
1) By Agricultural Inoculants: Nitrogen-Fixing Inoculants; Phosphate-Solubilizing Inoculants; Mycorrhizal Inoculants2) By Silage Inoculants: Lactic Acid Bacteria Inoculants; Enzyme-Based Inoculants; Chemical Additives
Key Companies Mentioned: Corteva Inc.; BASF SE; Bayer AG; Novozymes a/S; Verdesian Life Sciences LLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Corteva Inc.
- BASF SE
- Bayer AG
- Novozymes A/S
- Verdesian Life Sciences LLC
- BrettYoung seeds Limited
- Queensland Agricultural Seeds
- XiteBio Technologies Inc.
- Precision Laboratories LLC
- Cargill Incorporated
- Koninklijke DSM N.V.
- Kemin Industries Inc.
- Microbial Biological Fertilizers International (MBFi)
- Advanced Biological Marketing Inc.
- Archer Daniels Midland Company
- Horticultural Alliance Inc.
- Syngenta AG
- AquaBella Organics LLC
- Dow Inc.
- Premier Tech
- Bioceres Crop Solutions
- Lesaffre
- Lallemond Inc.
- Mapleton Agri Biotec Pty. Ltd.
- New Edge Microbials Pty. Ltd.
- T.Stanes & Company Limited
- Bactolife A/S
- Rhizobia Inoculants Inc.
- Symbionix Inc.
- TerraMax Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 1.39 Billion |
Forecasted Market Value ( USD | $ 2.01 Billion |
Compound Annual Growth Rate | 9.7% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |