The market for agricultural microbials has a significant impact on agriculture production. Agricultural microbials are gaining better response compared to other pest control agents.
The driving factors for this market are the increasing global population & food requirements, rise in cost of fertilizers & pesticides, rise in organic & environmental-friendly farming practices, easier residue management, and promotion of microbial products by government agencies. In the face of environmental considerations, the demand for natural bio-pesticides, bio-fertilizers has increased in all parts of the world. Microbial solutions, in agriculture, work as a safe investment for farmers as they ensure improvement in plant vigor and protect seeds from pests & diseases.
This report estimates the size of the global agricultural microbials market in terms of value. The market has been segmented on the basis of type, crop type, and region. The types segment is further classified into bacterial, fungal, and other microbes. The global agricultural microbials market was led by North America, where the U.S. is major consumer, in 2013. Europe is the second-largest region with regard to the consumption of agricultural microbials. The crop type segment is segmented into cereals & grains, oilseeds & pulses, fruits & vegetables, and other crops that include turf, forage, and ornamental & plantation crops. The global agricultural microbials market is divided into regions and also at country level, in terms of value. Drivers, restraints, opportunities, and challenges of the market are also discussed in detail in the report.
The report provides a complete analysis of the key global players in the agricultural microbials industry, with a clear insight and commentary on the developments, trends, and their product portfolio. With a huge opportunity in the market, the existing companies are experiencing a significant shift in the industry. Leading players of this industry such as BASF SE, (Germany), Bayer CropScience AG (Germany), Monsanto (U.S.), Sumitomo Chemical Co., Ltd. (Japan), Syngenta AG (Switzerland), Dow Chemicals (U.S.), Arysta LifeScience Limited (Japan), and Novozymes (Denmark) have been profiled in the report. These players are executing various strategies to grow and develop in the agricultural microbials market. New products launches and acquisitions have been the key moves undertaken by market players for global expansion.
Scope of the Report
This report focuses on the agricultural microbials market. This research categorizes agricultural microbials on the basis of types, crop type, and region.
On the basis of region, the agricultural microbials market has been segmented as follows:
- North America
- Latin America
- Rest of the World (RoW)
On the basis of type, the agricultural microbials market has been segmented as follows:
- Others (virus and protozoa)
On the basis crop type, the agricultural microbials market has been segmented as follows:
- Cereals & grains
- Oilseeds & Pulses
- Fruits & vegetables
- Other crop types (turf, forage, plantation, and ornamental crops)