Agricultural Biological Market Expected to Grow at a CAGR of 18.0% to 2027 Booming with New Growth Opportunities

The global agricultural biological market accounted to US$ 7,148.8 Mn in 2018 and is expected to grow at a CAGR of 12.9% during the forecast period 2019 – 2027, to account to US$ 21,141.0 Mn by 2027.

The usage of nanotechnology in the agricultural sector has significantly increased and is expected to grow in the future. Nanoparticles are used to improve soil fertility, soil nutrients, control growth of weeds, and protect plant crops. Nanobiopesticides are also being used by the agricultural farmers for the pest control and expected to increase in the future. Nanobiopesticides consist of nanoparticles of small engineered structures or active ingredients with important pesticidal properties.

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The health authorities ensure that these nanobiopesticides doesn’t contain any harmful substances that can harm human beings, plants, and environment. These factors would lead to rising in demand for nanobiopesticides in the agriculture industry.

Rising demand of healthy food products in Asia Pacific region will create growth opportunities for the global agricultural biological market

Growing awareness and demand for healthier crop food products in the developed counties such as China, India, Japan, and South Korea have promoted the manufacturers to produce agricultural biological products. Also, developing nations in the Asia Pacific exhibit huge potential and growth prospects for the agricultural biological products due to change in lifestyle, rise in middle-class population, growth in disposable income and an increase in awareness about healthier products.

List of Companies Mention for Research

BASF SE, Biolchim S.p.A., Certis U.S.A. LLC, DowDuPont Inc., Isagro S.p.A, Koppert Biological Systems, Marrone Bio Innovations, Inc., Syngenta, UPL and Valent BioSciences