Latest market study on " Agricultural Biological 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". This report focuses on the key Agricultural Biological Industry Key Manufacturer, to describe, define and analyze the value, market share, trends, market demand, research, competition landscape, SWOT analysis and development plans in the coming years.
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.
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The Key Players Profiled In The Market Include:
- BASF SE
- Biolchim S.p.A.
- Certis U.S.A. LLC
- DowDuPont Inc.
- Isagro S.p.A
- Koppert Biological Systems
- Marrone Bio Innovations, Inc.
- Valent BioSciences LLC
The North America region accounted for the largest market share in the global agricultural biological market. The growth of the agricultural biological market in this region is primarily attributed to a shift of consumer’s preference towards organic food products coupled with rising investments in research and developments activities, favorable government initiatives towards promotion of sustainable practices and increasing health awareness are the major factors driving the market in North America region.
The research thoroughly establishes critical market drivers, well-identified restraints, future opportunities, and ongoing trends of the market with essential statistics to provide precise data in terms of value and volume. The report focuses on the competitive landscape along with the SWOT analysis of some leading company profiles that have a significant impact on global market practices.
Merger and acquisition, new product development and others were observed as the most adopted strategies in global agricultural biological market. Few of the recent developments in the global agricultural biological market are listed below:
2018: BASF SE completed the acquisition of Bayer AG in order to strengthen its seed platform and complements the recently expanded agricultural solutions portfolio.
2018: Koppert Biological Systems recently announced the introduction of its new NatuGro System in the California strawberry market.
2018: Marrone Bio Innovations, Inc. launched TerraConnect which is a new global biological soil applied and seed treatment platform and delivers growers high performance products as well as a broad range of valuable tools to improve and protect crops.
The global study on Agricultural Biological Market sums up area wise market distribution with respect to five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America covering the political, economic, social, and technological scenario for each region and its impact on the market. The report further breaks down the analysis for the major countries in these regions to provide a detailed picture of the market share and growth rate.
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