Agricultural Biologicals Market: Global Industry Analysis and Forecast (2024-2030) by Trends, Source, Application Method, and Region

Agricultural Biologicals Market Overview:

Agricultural biologicals (or biologics) are beneficial tools for planting, growing, and protecting crops that are most often made from living organisms, derived from natural materials, or produced by naturally occurring processes. The agricultural biologicals market is growing due to the need for new innovations to meet the food needs of a growing global population, an increasing demand for agricultural sustainability, consumer interest in organic products, weed and insect resistance to agricultural chemicals, and concerns about the environmental impacts of current agricultural practises. Agricultural biologicals offer a solution to these problems, as well as a sustainable, "green" solution to the problem of growing enough crops to meet rising demand for food and fuel.

 

 

To get more Insights: Request Free Sample Report

           

COVID-19 Influences on the Top Trends in the Agricultural Biologicals Market:

During the Covid-19 pandemic, consumer purchasing patterns demonstrated a significant shift from non-organic to organic, which is still occurring now. In one way or another, the focus on preventive healthcare is gradually but systematically causing a shift in the global conventional farming practices, in which producers are encouraged to use sustainable methods and resources to produce more. This, in turn, is boosting the global agricultural biologicals market. The pandemic has accelerated the shift from global to more local economies in the manufacturing sector.

 

Industries are aiming to relocate supply chains closer to home as part of this change, which is offering significant "reshoring" prospects. In the midst of this, agricultural biologicals raw material manufacturers experienced supply shortages and trouble maintaining operational continuity. The agriculture industry, on the other hand, was strongly supported by governments around the world, and huge efforts were made to manage the streamlining of their operations as usual in order to maintain productivity.

 

Top Trends in the Agricultural Biologicals Market Dynamics:

Herbicides, fungicides, and insecticides are examples of Plant Protection Products (PPP) that are damaging to human health and the environment. Various items were withdrawn from the market as a result of the adoption of safety standards, either because they were outlawed or because their reinstatement in the market was not supported during the re-registration process. In the United States, synthetic plant protection agents such as Dinoseb, Chloramben, Methyl parathion, and Toxaphene have been banned. Similarly, the number of active compounds authorized in the European Union has decreased due to tight regulatory criteria and sophisticated technical guidance methods for risk evaluation. Between 2013 and 2015, some European countries prohibited neonicotinoid pesticides, encouraging the adoption of agricultural biologicals. This is the major key factor that is expected to drive the growth of the agricultural biologicals market during the forecast period 2021-2027.

 

The amount of live spores or mycelia formulation is used to determine the shelf life of biopesticides. The amount of colony-forming units per grams (cfu/g) determines the quality of biopesticides. Because bio pesticides are naturally occurring organisms or compounds, they are easily impacted by biotic and abiotic variables in farm areas. This has a direct impact on their field effectiveness, which can become minimal or non-existent. Furthermore, compared to conventional pesticides, biopesticides have a very short shelf life, posing a storage and protection issue. Microbial biopesticides have a longer shelf life and can be stored for a long period, although this cannot be compared to chemical pesticides' longer shelf life. This short shelf life is proving to be a agricultural biologicals market hindrance.

 

Top Trends in the Agricultural Biologicals Market Segment Analysis:

The Top Trends in the Agricultural Biologicals Market is segmented by Trends, Source, and Application Method.

 

Based on the Trends, the market is segmented into Agricultural biologicals, Biocontrols, Biostimulants, Biofertilizers, Biofungicides, Bioinsecticides, Bionematicides, Agricultural Inoculants, Pheromones, and Biological Seed Treatment. Biocontrols segment is expected to hold the largest market shares of xx% by 2030. Because of the increasing limitations on chemical usage and maximum residual levels, biocontrols are expected to become a good alternative chemicals (MRLs). Pesticides are expected to lose market share due to their negative impact on biological beings. Biocontrols not only destroy the pests in question, but they also help to reduce the number of sprays required. The prohibition on the use of some pesticides would also boost the market for biocontrols in different parts of the world. These are the factors that are expected to drives the growth of the Biocontrols segment in the global agricultural biologicals market during the forecast period 2024-2030.

 

Bionematicides segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2024-2030. Every year, the loss of agricultural crops due to root-knot nematodes has increased around the world. The market for bionematicides is currently underdeveloped, but it has a lot of potential during the forecast period. The market for bionematicides is growing as people become more concerned about preventing losses caused by soil-borne insects.

 

Bioinsecticides segment in the agricultural biologicals market is expected to grow rapidly at a CAGR of xx% during the forecast period 2024-2030. As a result of increased environmental stress, a variety of insects have emerged, impeding plant growth and resulting in output losses. In comparison to traditional pesticides, the use of Bioinsecticides may be more beneficial in terms of sustainability and cost-effectiveness. Bioinsecticides are also being driven by the need to avoid agricultural losses and to adopt sustainability.

 

Based on the Application Method, the agricultural biologicals market is segmented into Foliar Spray, Soil Treatment, Seed Treatment, and Others. Foliar Spray segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2024-2030. Foliar sprays give the producer complete control over application timing, which can be as soon as the deficiency signs are detected, allowing the damage to be corrected before it leads to major yield loss. Concentration and frequency of application that will best address and resolve the deficiency.

 

The majority of fertilisers for the growing season are administered as base dressing in many farming systems. During the season, this technique frequently results in a large loss of vital nutrients in the soil. This may have an impact on plant growth and yield. Mid-season fertiliser foliar sprays will assist maintain healthy and fruitful development by balancing and completing plant nutrition. A tiny amount of fertiliser will result in a significant improvement and will bring the crops to their optimal growth curves. This is a massive bonus. Low temperatures, water logging, nematodes, and other factors can all affect the roots' ability to absorb nutrition. Foliar nutrition is a great bonus here as well, providing essential supplemental nutrients.

Top Trends in the Agricultural Biologicals Market Scope:

 

Agricultural Biologicals Market
Market Size in 2023	USD 10.83 Bn.
Market Size in 2030	USD 25.49 Bn.
CAGR (2024-2030)	13 Percent
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segment Scope	By  Type Agricultural biologicals Biocontrols Biostimulants Biofertilizers Biofungicides Bioinsecticides Bionematicides Agricultural Inoculants Pheromones Biological Seed Treatment
	By Application Foliar Spray Soil Treatment Seed Treatment Others
	By Source Microbial Biochemicals
Regional Scope	North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America

 

Top Trends in the Agricultural Biologicals Market Regional Insights:

North America region is expected to dominate the Top Trends in the Agricultural Biologicals market during the forecast period 2024-2030. North America region is expected to hold the largest market shares of xx% by 2030. The market in the North America region is being driven by the growth of the organics industry, the rising expense of chemical fertilisers, and a growing awareness of the need of soil nutrient preservation. The high-end R&D infrastructure in the North American region, as well as the large number of patents received for biocontrol and biostimulants by several significant corporations in the region, can be linked to the region's growth.

 

According to the Agricultural Statistics Service of the United States Department of Agriculture, there were over 1,400 recognised organic farms in the United States in 2016. In addition, biological fertilisers were applied to approximately 3,454,441 acres of land in 2017. In 2016, organic fruit and vegetable exports were USD 548 million. As a result, the growing demand for organic crops is driving up demand for biological products in the country. The US Environmental Protection Agency (EPA), which is responsible for pesticide regulation in the US, has made the registration of biopesticide products more efficient by developing modified test methodologies and clear guidance documents, as a result of which over 430 biopesticide ingredients are currently available in the US.

 

Competitive Landscape of Global Top Trends in the Agricultural Biologicals Market:

BASF SE (Germany) Company is expected to dominate the Top Trends in the Agricultural Biologicals Market during the forecast period 2021-2027.

 

BASF SE (Germany) is expected to hold the largest agricultural biologicals market share of xx% by 2027. BASF SE, located in Ludwigshafen, Germany, is the world's largest chemical company. Badische Anilin- und Soda-Fabrik was the initial name of the company. The four letters are now a trademark, and the corporation is listed on the Frankfurt, London, and Zurich stock exchanges. Chemicals, polymers, performance chemicals, catalysts, coatings, agricultural technology, crude oil and natural gas exploration and production are all products made by BASF. MDI (diphenylmethane diisocyanate), TDI (toluene diisocyanate), caprolactam, adipic acid, polyamide 6 and 6.6, ammonia, nitric acid, sulphur and chlorine products, inorganic salts, urea, melamine, glues, and impregnating resins are among the company's major products.

 

The objective of the report is to present a comprehensive analysis of the Top Trends in the Agricultural Biologicals Market to the stakeholders in the industry. The report provides trends that are most dominant in the Top Trends in the Agricultural Biologicals Market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Top Trends in the Agricultural Biologicals Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

 

The qualitative and quantitative data provided in the Top Trends in the Agricultural Biologicals Market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Top Trends in the Agricultural Biologicals Market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Top Trends in the Agricultural Biologicals Market.

 

 

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Market. The report also analyses if the Top Trends in the Agricultural Biologicals Market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few players, etc.

 

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Top Trends in the Agricultural Biologicals Market is aided by legal factors.

 

Top Trends in the Agricultural Biologicals Market Key Players

• BASF SE (Germany)
• Bayer AG (Germany)
• Syngenta AG (Switzerland)
• Marrione Bio Innovation (US)
• Isagro S.p.A. (Italy)
• UPL (India)
• Evogene Ltd (Israel)
• Vegalab S.A. (US)
• Valent Biosciences (US)
• Stockton Bio-Ag (Israel)
• Biolchim SPA  (Italy)
• Rizobacter (Argentina)
• Valagro SPA (Italy)
• Koppert Biological Systems (Netherlands)
• Lallemand Inc. (Canada)
• Haifa group (Israel)
• Seipasa (Spain)