| Status : Published | Published On : Sep, 2024 | Report Code : VRCH2106 | Industry : Chemicals & Materials | Available Format :
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Page : 200 |
Global Agricultural Biologicals Market Size & Share | Growth Forecast Report 2030
Industry Insights By Product Types (Biopesticides, Biofertilizers, BioStimulants), By Sources (Microbial, Biochemical, and Plant Extract-Based Solutions), By Areas of Application (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses and Other), By Modes of Application (Foliar Spray, Seed Treatment and Soil Treatment) and By Geography (North America, Europe, Asia Pacific and Rest of the World)
Industry Overview
The Global Agricultural Biologicals Market was valued at USD 14.2 billion in 2023 and is anticipated to grow up to USD 29.6 billion by 2030, hitting a CAGR of 13.20% during the forecast period ranging between 2025 and 2030.
Agricultural biologicals refer to specific products that are derived from living organisms. These natural products are used to boost crop yield and health. There are different types of agricultural biologicals, such as biofertilizers, biostimulants, and biopesticides, and all are considered to be eco-friendly alternatives to chemical variants. These biological products are being used extensively in organic farming processes mainly due to their wide range of functions including enhancing nutrient uptake of plants to provide resistance to stressors such as drought. As a result, these are also gaining popularity in traditional agriculture and integrated pest management (IPM) programs.
The growth in size of the agricultural biologicals market is primarily driven by the increasing demand and preference for organic food. This is pushing the farmers to implement biological products into their agricultural practices to meet expectations of the consumers for sustainably grown and pesticide-freeproduce. This shift towards organic farming promotes the use of biofertilizers, biopesticides, and biostimulants. The growth is also attributed to the strict environmental guidelines on synthetic chemical fertilizers and pesticides, which is also promoting the use of eco-friendly alternatives, thereby pushing the market for agricultural biologicals further forward.
Global Agricultural Biologicals Market Report Coverage
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Report Metric |
Details |
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Historical Period |
2018 - 2023 |
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Base Year Considered |
2024 |
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Forecast Period |
2025 - 2030 |
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Market Size in 2023 |
U.S.D. 14.2 Billion |
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Revenue Forecast in 2030 |
U.S.D. 29.6 Billion |
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Growth Rate |
13.20% |
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Segments Covered in the Report |
By Product Types, By Sources, By Areas of Application, By Modes of Application |
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Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
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Regions Covered in the Report |
North America, Europe, Asia Pacific and Rest of the World |
The agricultural biologicals market encounters stiff challenges to its growth, the primary one being the inconsistent performance of the products under variable environmental conditions and lack of standardized regulations across regions, making new market entry difficult. This affects its widespread adoption. However, growth opportunity lies in the growing demand for sustainable farming practices as well as thegrowing trend toward organic food, and biologicals play a vital role in it.
Global Agricultural Biologicals Industry Dynamics
Global Agricultural Biologicals Market Trends:
Growing shift towards sustainable agriculture and the rise in organic farming practices
The global agricultural biologicals market is observingnumerousimportant trends. One of the most notable trends is the growing shift towards sustainable agriculture. This is boosting the demand for bio-based agricultural solutions like biopesticides, biofertilizers, and biostimulants. The upsurge in organic farming practices which is mainly driven by the consumer demand for chemical-free food, is also amajor trend.Advancements in microbial research which is resulting in more effective products to enhance crop yield and resilience as well as integrated pest management (IPM) practices are promoting the adoption and use of biologicals to reduce chemical dependency. The strict environmental concerns and regulations is another prominent market trend that is resulting in the expansion of biological products and influencing future growth.
Global Agricultural Biologicals Market Growth Drivers
Technological advancements in microbial products
Among many, the most significant factors that are driving the growth of the global agricultural biologicals market is the rapid and noteworthy technological advancements in microbial products. This is, in turn, improving the reliability and efficacy of biologicals in agriculture. In addition, the growing awareness about soil health management is another important factor that is driving the growth of the market, which is mainly because these products play a key role in restoring and preserving soil fertility. Moreover, supportive government initiatives and subsidies are also encouraging sustainable agriculture practices globally which is further creating a promising environment for market expansion. The demand for agricultural biologicals is growing steadily due to the wider application and capability to promote sustainable farming practices. It helps boostsoil fertility, control pests and diseases, and promote plant growth. Lastly, the mountingoccurrences of pest resistance to conventional chemical use are inspiring farmers to look for safer biological solutions, further driving the demand in this sector and the market expansion.
Global Agricultural Biologicals Market Challenges
Lack of awareness among the farmers about the benefits offered
Challenges to the global agricultural biologicals marketinclude limited or lack of awareness among the farmers about the benefits offered by the agricultural biologicals, affecting their widespread adoption. Moreover, the regulatory frameworks are also fragmented which hinders the approval and commercialization process. All these challenges add to the complexities which prevent new market players to enter the market or the existing ones expanding their reach in new markets.
Global Agricultural Biologicals Market Opportunities
Significant technological developments in biotechnology are creating better biological products
Considering the growth opportunities of the market, the significant and rapid technological developments in biotechnology that are creating better biological products. This builds trust among users and pushes the adoption of these products further. Furthermore, biologicals play a crucial role to support integrated pest management (IPM) practices, which is also creating a prospective growth avenue. Also, the growing awareness of environmental sustainability and organic food is inspiring agribusinesses and farmers to use biologicals as a preferred alternative solution to chemical ingredients, offering a long-term growth prospect for the global agricultural biologicals market.
Recent Developments by Key Players
Syngenta Biologicals (a leading innovator in agricultural biological solutions) collaborated with Intrinsyx Bio (a Silicon Valley-based biotechnology that is focused on sustainable agriculture). With this collaboration Syngenta shall expand its portfolio of environmentally conscious solutions for the agricultural sector and introduce an innovative biological solution.
Bayer partnered with AlphaBio Control (UK-based company) to secure an exclusive license for a new biological insecticide. The new product will be the first available for arable crops, including oilseed rape and cereals.
Global Agricultural Biologicals Market Segmentation
VynZ Research provides an analysis of the key trends in each segment of the global Agricultural Biologicals Market report, along with forecasts at the global, regional and country levels from 2025-2030. Our report has categorized the market based on Product Types, Sources, Areas of Application, and Modes of Application.
Insight by Product Types
- Biopesticides
- Biofertilizers
- BioStimulants
Biopesticides section will be the most dominant section
The global agricultural biologicals marketis segmented by product types into Biopesticides, Biofertilizers, and BioStimulants. Out of these three segments, the Biopesticides section will be the most dominant section during the forecast period and will grow consistently due to the growing concerns over using chemical fertilizers and pesticides. It is also attributed to the growing preference for organic farming. However, in comparison, the Biostimulantssegment is also expected to grow significantly during the same period due to their capability to boost plant growth and stress tolerance. This specific property makes them increasingly popular in both traditional and sustainable farming.
Insight by Sources
- Microbial
- Biochemical
- Plant Extract-Based Solutions
Microbial products will dominate the market
Theglobal agricultural biologicals market is divided according to different source types into major segments like Microbial, Biochemical, and Plant Extract-Basedsolutions. Out of them, the Microbial products will dominate more than the others and grow significantly during the projected period due to their higher effectiveness and ability to promote crop health, control pests, and stress tolerance. The growth of this particular segment is also attributed further to the rapid and significant developments in biotechnology which is making these solutions more reliable and effective under varied agricultural conditions.
Insight by Areas of Application
- Cereals & Grains
- Fruits & Vegetables
- Oilseeds & Pulses
- Other
Fruits & Vegetables segment is expected to lead during the forecast period
Based on the varied areas of applications, the global agricultural biologicals market is categorized into Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, and other groups. Among all these groups, Fruits &Vegetables segment is expected to lead during the forecast period due to the growing demand from the consumers for chemical-free produce. This specific segment is also anticipated to grow at a higher CAGR due to the notable rise in the production of organic and sustainable foodtrends worldwide.
Insight by Modes of Application
- Foliar Spray
- Seed Treatment
- Soil Treatment
Foliar Spray segment will be more dominating and grow at a faster rate
The different modes of application also divide the global agricultural biologicals market into different segments including Foliar Spray, Seed Treatment, and Soil Treatment segment.Out of all these different sections, the Foliar Spray segment will be more dominant than the others and grow at a faster rate because it allows direct application and has a faster action on crops. The Seed Treatment section, on the other hand, is likely to grow significantly in the following years mainly due to the cost-effectiveness and its ability to boost early plant development. This provides a wide range of benefits in the long run.
Global Agricultural Biologicals Market: Geographic Overview
North America dominates the global agricultural biologicals market. This is mainly attributed to the stringent environmental regulations and higher adoption of organic farming in the region. Another significant cause for the prominence of this region is the presence of a large number of key market players. Furthermore, the enhanced focus of the region on reducing use of chemical pesticides and fertilizers further boosts the demand for biologicals and facilitates market growth.
In the European market, however, the stringent regulatory policies on the use of chemical inputs along with the large and dominating organic farming sector fuel its growth. In fact, nations such as Germany and France are leading in the implementation of organic farming and sustainable agricultural practices.
The Asia-Pacific region of the market, on the other hand, is undergoing rapid growth in the agricultural biologicals market and is expected to grow continuously during the projected period due to the growing demand for organic products. It is also attributed to the continual government initiatives to promote sustainable farming practices, especially in developing countries like India and China.
Finally, the Rest of the World, including Latin America, is witnessing significant growth mainly due to the development of organic farming and growing awareness of the benefits of sustainable agriculture.
Global Agricultural Biologicals Market Competitive Insight
The report provides a comprehensive analysis of the competitive landscape in the market. Some of the key players in the market include:
- BASF SE
- Syngenta Group
- Bayer AG
- FMC Corporation
- Corteva
- UPL
- Nufarm
- Novozymes A/S
- Lallemand Inc
- Mosaic
- Rovensa Next
- Sumitomo Chemical Co. Ltd
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Agricultural Biologicals Market