Agricultural Biologicals Market

The global agricultural biologicals market in monetary terms was estimated to be worth $12.9 billion in 2022 and is poised to reach $24.6 billion by 2027, growing at a CAGR of 13.7% from 2022 to 2027.

The agricultural biologicals market is anticipated to reach USD 27.9 billion by 2028 from USD 14.6 billion in 2023, at a CAGR of 13.8% during the forecast period in terms of value.

The agriculture 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.

The agricultural biologicals market is anticipated to reach USD 27.9 billion by 2028 from USD 14.6 billion in 2023, at a CAGR of 13.8% during the forecast period in terms of value.

The role of agricultural biological products has become an integral part of integrated pest management practices (IPM) in developed markets, wherein the biological products are used in combination with new synthetic crop chemistries. Strategic developments such as expansions, new product launches, and agreements have been adopted by the majority of key players to strengthen the market.

The agricultural biologicals market refers to the market for biological products used in agriculture. These products include microorganisms, enzymes, and biochemicals, as well as biofertilizers, biopesticides, and biostimulants. The market is driven by increasing demand for sustainable and environmentally friendly farming practices, as well as by growing awareness of the benefits of these products for crop health and yield.

The global agricultural biologicals market is dominated by North America and Europe in 2022 due to the adoption of advanced agricultural technologies and organic farming practices. However, the demand for agricultural biological products in developing countries of regions, such as Asia Pacific and South America, has significantly increased.

Top Trends in the Agricultural Biologicals Market report with 247 Pages Analysis, Trends, & Forecasts. Get all the necessary industry insights and market information now.

Factors such as degrading soil health due to the increasing usage of chemical-based crop protection methods, decreased productivity, and rising instances of pest infestations are the key factors contributing to the growth of the biologicals segment for crop protection and crop enhancement.

Awareness of organic food products and concerns toward environmental safety and favorable regulations are the key drivers affecting the growth of the agricultural biologicals market.

Strong initiatives toward organic farming and the increasing awareness of environmental protection have encouraged the demand for agricultural biologicals in the agriculture industry. Factors such as degrading soil health due to the increasing usage of chemical-based crop protection methods, decreased productivity, and rising instances of pest infestations are the key factors contributing to the growth of the biologicals segment for crop protection and crop enhancement.

Awareness of organic food products and concerns toward environmental safety and favorable regulations are the key drivers affecting the growth of the agricultural biologicals market. The role of agricultural biological products has become a integral part of integrated pest management practices (IPM) in developed markets, wherein the biological products are used in combination with new synthetic crop chemistries. Strategic developments such as expansions, new product launches, and agreements have been adopted by the majority of key players to strengthen the market.

Factors such as degrading soil health due to the increasing usage of chemical-based crop protection methods, decreased productivity, and rising instances of pest infestations are the key factors contributing to the growth of the biologicals segment for crop protection and crop enhancement.

Awareness of organic food products and concerns toward environmental safety and favorable regulations are the key drivers affecting the growth of the agricultural biologicals market.

Factors such as the increasing trend of sustainable agriculture in the global market, low residue levels, and supportive regulations are the key factors driving the growth of the agricultural biologicals market. Expansions, new product launches, and agreements were the dominant strategies adopted by key players to capitalize on the strong market potential.

The increasing trend of sustainable agriculture in the global market, low residue levels, and supportive regulations are the key factors driving the growth of the market. Expansions, new product launches, and agreements were the dominant strategies adopted by key players to capitalize on the strong market potential.

Awareness of organic food products and concerns toward environmental safety and favorable regulations are the key drivers affecting the growth of the agricultural biologicals market. The role of agricultural biological products has become a integral part of integrated pest management practices (IPM) in developed markets, wherein the biological products are used in combination with new synthetic crop chemistries.

The market is driven by factors such as increased awareness towards organic food, growing concerns about the hazards of using chemicals, demand for high-value crops, and increase in awareness about residue levels in food, and favorable regulatory framework for the application of agricultural biologicals products are some of the key drivers for growth in agricultural biologicals market.

Agricultural Biologicals Market by Product Type (Biopesticides, Biostimulants, and Biofertilizers) and Application (Cereals & Grains, Oilseeds & Pulses, and Fruits) - Global Opportunity Analysis and Industry Forecast, 2018-2025

Awareness of organic food products and concerns toward environmental safety and favorable regulations are the key drivers affecting the growth of the agricultural biologicals market.

The increasing trend of sustainable agriculture in the global market, low residue levels, and supportive regulations are the key factors driving the growth of the market.

Awareness of organic food products and concerns toward environmental safety and favorable regulations are the key drivers affecting the growth of the agricultural biologicals market.

Key Companies Covered in Agricultural Biologicals Market Report are Valent Biosciences, Bayer, UPL, Syngenta, Marrone Bio Innovations, Koppert, and others.

Agricultural biologicals are products derived from natural sources such as microorganisms, plant extracts, or other biological matter, and can be used as a substitute for agricultural chemical products.

Agricultural Biologicals Market Share 2019 In-Depth Analysis of Industry Growth Trends & Forecast up to 2026

Regulations on chemical usage has been restricted in agriculture industry across major countries and governments have been promoting sustainable practices in these countries. Moreover, the growth of the biotechnology industry observed in China, Japan, and India translates to the high-growth potential of the market during the forecast period.

Agricultural biologicals are products derived from natural sources such as microorganisms, plant extracts, or other biological matter, and can be used as a substitute for agricultural chemical products.

The agricultural biologicals market is estimated to account for USD 6.75 billion in 2017 and is projected to reach USD 12.86 billion by 2022, at a CAGR of 13.77% during the forecast period. Strong funding by the private and public sectors towards promotion of biologicals over chemical counterparts and rising application of microbial products field and vegetable crops are projected to drive the growth of the market over the next five years.

Top Key Players in the Agricultural Biologicals Market include are Bayer , Monsanto BioAG ,BASF , Syngenta , Dow DuPont and Others.

Agricultural Biologicals Market to 2027 - Global Analysis and Forecasts by Type (Biopesticides, Biostimulants, Biofertilizers); Source (Microbials, Biochemicals, Others); Application Mode (Foliar Sprays, Soil Treatment, Seed Treatment); Application (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Others) and Geography