Agricultural Biologicals Market by Type (Biopesticides, Biostimulants, and Biofertilizers), Source (Microbial and Biochemicals), Crop, Application and Geography - Global Industry Analysis, Opportunities and Forecast up to 2029

Agricultural Biologicals Market Size

The global Agricultural Biologicals market size was valued at $12.51 billion in 2023 and is projected to reach $26.34 billion by 2029, growing at a CAGR of 13.2% during the forecast period. 

Agricultural Biologicals Market Dynamics

• The agricultural biologicals market is expected to witness significant growth in the future due to rising demand for organic products and growing incidences of pest outbreaks in crops. 

• Additionally, the rise in awareness and demand for supreme quality yield from farm produce, and the development of pest resistance to some of the plant protection products are the prominent factors driving the growth of the agricultural biologicals market demand.

• However, the low shelf life of the product and the presence of alternative products are restraining the market growth.

• On the contrary, stringent regulations by agricultural product regulatory bodies on the utilization of excessive amounts of synthetic fertilizers and increasing investment by key international market players are creating opportunities for market growth.

Agricultural Biologicals Market Overview

Agricultural Biologicals are normally microorganisms or biochemicals obtained from plants that are productive in safeguarding the harvests from different plant illnesses and an assortment of irritations causing the obliteration of plants. These organic tools alongside safeguarding plants from illnesses can likewise upgrade the general fruitfulness and efficiency of the yields. These advanced agricultural biological technologies are pivotal parts of the coordinated pest management concept. These items can also be utilized as corresponding items with chemical pest-resistant and other plant-protection synthetic compounds to acquire the desired degree of yield assurance and avoid plant illnesses.

By Type, the Biopesticides Segment is projected to be the largest Segment in the Agricultural Biologicals Market

The biopesticides segment is estimated to witness a significant growth rate in the foreseeable future due to the rising focus of farmers and agriculturists toward the development of pest-resistance products for crops to increase the yield of quality crops. In addition, the enhancement in the area of organic farming and increasing demand for organic products is further propelling the demand for pesticides across the globe. The increasing interest of agriculture industry stakeholders in pest management and the growing inclination for a safer strategy to manage pest populations are some of the major driving factors for biopesticides.

By Geography, North America Region Holds the Dominant Position in the Market Revenue

North America is projected to be the largest segment in the agricultural biological market due to the presence of stringent regulations on the use of various synthetic crop protection chemicals to safeguard the environment. Moreover, the availability of advanced agricultural product development equipment, technologies, and other resources in the developed areas of North America is further expected to propel the market growth of the region during the foreseeable years. The growing number of organic farms in prominent economies, especially in the U.S. is projected to offer further opportunities for players in the market.

Some of the Key Players Profiled in the Report Include: 

• BASF SE
• Bayer CropScience
• Isagro S.p.A
• Koppert Biological Systems
• Marrone Bio Innovations
• Novozymes A/S
• Syngenta AG
• The DOW Chemical Company
• UPL
• Valent Biosciences

This Report Helps to:

• Gain a deeper understanding of the impact of COVID-19 on the Agricultural Biologicals market.
• Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
• Identify potential growth opportunities.
• Gain in-depth analysis of market segments, and regions/countries predicted to observe promising growth.
• Know the historical and forecast size for each segment and sub-segment in (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Type:
• Biopesticides
• Biostimulants
• Biofertilizers

Market by, Source:
• Microbial
• Biochemicals

Market by, Crop:
• Cereals & Grains
• Fruits & Vegetables
• Oilseeds & Pulses

Market by, Application:
• Foliar Spray
• Soil Treatment
• Seed Treatment

Market by, Geography:

The Agricultural Biologicals Market report also analyzes the major geographic regions and countries for the market. The regions and countries covered in the study include:

• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis

Table Of Content

1 Market Overview              
    1.1 Introduction          
    1.2 Research Objectives         
    1.3 Market Segmentation         
    1.4 Stakeholders          
    1.5 List of Acronyms          
                
2 Executive Summary              
                
3 Research Methodology             
    3.1 Identification of Data         
    3.2 Evaluation of Market Dynamics        
    3.3 Collaboration of Data         
    3.4 Verification and Analysis         
    3.5 Data Sources          
    3.6 Assumptions          
                
4 Market Dynamics              
    4.1 Market Drivers          
           4.1.1 Rising Demand for Organic Products 
           4.1.2 Growing Incidences of Pest Outbreaks in Crops
    4.2 Market Restraints          
           4.2.1 Low Shelf Life of the Product  
    4.3 Market Opportunities         
           4.3.1 Increasing Investment by Key International Market Players
    4.4 Market Challenges          
           4.4.1 Presence of Alternative Products  
    4.5 Impact of COVID-19 on Agricultural Biologicals Market      
                
5 Porter's Five Force Analysis            
    5.1 Bargaining Power of Suppliers         
    5.2 Bargaining Power of Buyers         
    5.3 Threat of New Entrants         
    5.4 Threat of Substitutes         
    5.5 Competitive Rivalry in the Market        
                
6 Global Agricultural Biologicals Market by, Type           
    6.1 Overview          
    6.2 Biopesticides          
    6.3 Biostimulants          
    6.4 Biofertilizers          
                
7 Global Agricultural Biologicals Market by, Source           
    7.1 Overview          
    7.2 Microbial           
    7.3 Biochemicals          
                
8 Global Agricultural Biologicals Market by, Crop           
    8.1 Overview          
    8.2 Cereals & Grains          
    8.3 Fruits & Vegetables          
    8.4 Oilseeds & Pulses          
                
9 Global Agricultural Biologicals Market by, Application          
    9.1 Overview          
    9.2 Foliar Spray          
    9.3 Soil Treatment          
    9.4 Seed Treatment          
                
10 Global Agricultural Biologicals Market by, Geography          
    10.1 Overview          
    10.2 North America          
             10.2.1 US  
             10.2.2 Canada  
             10.2.3 Mexico  
    10.3 Europe           
             10.3.1 Germany  
             10.3.2 France  
             10.3.3 UK  
             10.3.4 Italy 
             10.3.5 Spain  
             10.3.6 Rest of Europe 
    10.4 Asia Pacific          
             10.4.1 China  
             10.4.2 Japan  
             10.4.3 India  
             10.4.4 South Korea 
             10.4.5 Australia  
             10.4.6 New Zealand 
             10.4.7 Rest of Asia Pacific 
    10.5 South America          
             10.5.1 Brazil  
             10.5.2 Argentina 
             10.5.3 Chile  
             10.5.4 Rest of South America
    10.6 Middle East & Africa         
             10.6.1 UAE  
             10.6.2 Saudi Arabia 
             10.6.3 Qatar  
             10.6.4 Iran  
             10.6.5 South Africa 
             10.6.6 Rest of Middle East & Africa
                
11 Key Developments              
                
12 Company Profiling              
    12.1 BASF SE           
             12.1.1 Business Overview 
             12.1.2 Product/Service Offering
             12.1.3 Financial Overview 
             12.1.4 SWOT Analysis 
             12.1.5 Key Activities 
    12.2 Bayer CropScience          
    12.3 Isagro S.p.A          
    12.4 Koppert Biological Systems         
    12.5 Marrone Bio Innovations         
    12.6 Novozymes A/S          
    12.7 Syngenta AG          
    12.8 The DOW Chemical Company         
    12.9 UPL           
    12.10 Valent Biosciences