The agricultural inoculants market is at a prime focus in the agriculture industry for its multi-functional benefits and functional properties. It is also known as ‘bio-inoculants’. Agricultural inoculants are used as they improve the availability of nutrients for the host plant. They enhance the plant uptake of phosphorus and zinc. It acts as a physical barrier against pathogens and protects plants, decomposes organic residues, and stimulates the overall plant growth and development.
Agricultural inoculants are gaining more significance in the market with a rise in prices of chemical/mineral fertilizers and increase in organic and eco-friendly farming practices, globally. The recent increase in the price of mineral/chemical fertilizers and commercial response to the rising food prices has reinforced the need to develop alternative soil fertility management strategies.
The agricultural inoculants market is projected to grow at a CAGR of 9.5% between 2014 and 2019. The market was dominated by North America in 2013 and accounted for the largest share in the total agricultural inoculants market. On the other hand, Latin America is projected to be the fastest-growing market for the period considered for this study due to its extensive use in soybean farming. In terms of types, the Plant Growth Promoting Micro-organisms (PGPMs) segment is projected to be the largest market for agricultural inoculants from 2014 to 2019.
The agricultural inoculants market is characterized by intense competition due to the presence of a large number of both large- and small-scale firms. Numerous manufacturers, mainly small-to medium-sized, exist worldwide and have been producing inoculant products similar in quality and quantity for decades. Expansions, acquisitions, agreements and new product launches are the key strategies adopted by market players to ensure their growth in the market. The market is dominated by players such as BASF SE (Germany), Novozymes A/S (Denmark), Advanced Biological Marketing, Inc. (U.S.), and DuPont (U.S.).
This report has estimated the size of the agricultural inoculants market in terms of value ($million). In this report, the market has broadly been segmented on the basis of type, source, crop type, modes of application, and region. Market drivers, restraints, opportunities, and challenges; and raw material and product price trends are discussed in detail. Share of the participants for the overall market has been discussed in detail. The market has grown significantly in the last few years and growth is projected to continue.
Scope of the report
This research report categorizes the agricultural inoculants market based on type, mode of application, crop type, application, and geographical market.
Based on type, the market has been segmented as follows:
- Plant growth promoting micro-organisms (PGPMs)
- Bio-control agents
- Plant resistance stimulants
Based on source, the market has been segmented as follows:
- Bacterial
- Fungal
- Others (including algae, virus, and protozoa)
Based on mode of application, the market has been segmented as follows:
- Seed inoculation
- Soil inoculation
- Others (including compost pit and plant surface application)
Based on crop type, the market has been segmented as follows:
- Cereals & grains
- Oilseeds & pulses
- Fruits & vegetables
- Others (including turf & ornamentals, plantation crops, fiber crops, and silage & forage crops)
Based on geography, the market has been segmented as follows:
- North America
- Europe
- Asia-Pacific
- Latin America
- RoW (The Middle East and Africa)
1 Introduction (Page No. - 17)
1.1 Objectives of the Study
1.2 Markets Covered
1.3 Periodization Considered for the Market
1.4 Base Currency Consideration for Market
1.5 Stakeholders
1.6 Market Scope
2 Research Methodology (Page No. - 21)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data Taken From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Factor Analysis
2.2.1 Introduction
2.2.2 Demand Side Analysis
2.2.2.1 Fertilizer Consumption Trend in North America
2.2.2.2 Strong Growth of Crop Protection Chemicals in Brazil and Argentina
2.2.2.3 Importance of Nitrogen and Phosphorous Nutrient and Consumption Trend
2.2.2.4 Rising Population and Rising Diversified Food Demand
2.2.3 Supply Side Analysis
2.2.3.1 Parent Market Analysis: Biofertilizers & Biopesticides
2.2.3.2 Growing Environmental Concerns
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Market Breakdown & Data Triangulation
2.5 Research Assumptions & Limitations
2.5.1 Assumptions
2.5.1 Limitations
3 Executive Summary (Page No. - 35)
4 Premium Insights (Page No. - 38)
4.1 Attractive Market Opportunities in Agricultural Inoculants
4.2 Agricultural Inoculants Market: Product Segment, By Source
4.3 Fast-Growing Market: Latin American Market
4.4 U.S. Accounts for More Than One-Third of the Global Market Share
4.5 Life Cycle Analysis, By Geography
5 Market Overview (Page No. - 44)
5.1 Introduction
5.2 Evolution
5.3 Market Segmentation
5.3.1 Agricultural Inoculants Market, By Type
5.3.2 Agricultural Inoculants, By Source
5.3.3 Agricultural Inoculants, By Mode of Application
5.3.4 Agricultural Inoculants Market, By Crop Type
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Rise in Cost and Demand for Fertilizers & Pesticides
5.4.1.2 Rise in Organic & Environmental-Friendly Farming Practices
5.4.1.3 Shrinking Arable Land
5.4.1.4 Promotion By Government Agencies
5.4.2 Restraints
5.4.2.1 Limited Awareness & Availability
5.4.2.2 Physical Constraints
5.4.3 Opportunity
5.4.3.1 Asia-Pacific: New Target Market
5.4.4 Challenge
5.4.4.1 Poor Infrastructure
6 Industry Trends (Page No. - 59)
6.1 Introduction
6.2 Value Chain Analysis
6.3 Supply Chain Analysis
6.3.1 Key Influencers
6.4 Industry Trends
6.5 Porter’s Five forces Analysis
6.5.1 Threat of New Entrants
6.5.2 Threat of Substitutes
6.5.3 Bargaining Power of Suppliers
6.5.4 Bargaining Power of Buyers
6.5.5 Intensity of Competitive Rivalry
6.6 Pest Analysis
6.6.1 Political Factors
6.6.2 Economic Factors
6.6.3 Social Factors
6.6.4 Technological Factors
6.7 Strategic Benchmarking
6.7.1 Discovering Opportunities Through Strategic Developments
6.7.2 Targeted Acquisitions of Medium-Sized Players
7 Agricultural Inoculants Market, By Type (Page No. - 70)
7.1 Introduction
7.2 Plant Growth-Promoting Microorganisms
7.3 Bio-Control Agents
7.4 Plant Resistance Stimulants
8 Agricultural Inoculants Market, By Source (Page No. - 77)
8.1 Introduction
8.2 Agricultural Inoculants Market, By Source
8.3 Bacterial Inoculants
8.3.1 Characteristics of Biological Inoculants
8.3.1.1 Nitrogen Fixation
8.3.1.2 Phosphate Solubilization
8.3.1.3 Sequestering Iron
8.3.1.4 Modulating Phytohormone Levels
8.3.2 Rhizobacteria
8.3.3 Phosphobacteria
8.3.4 Azotobacter
8.3.5 Others
8.4 Fungal Inoculants
8.4.1 Micorrhizal
8.4.2 Tricoderma SPP.
8.4.3 Others
8.5 Other Inoculants
9 Agricultural Inoculants Market, By Mode of Application (Page No. - 86)
9.1 Introduction
9.2 Market, By Mode of Application
9.3 Seed Inoculation
9.4 Soil Inoculation
9.5 Other Mode of Applications
10 Agricultural Inoculants Market, By Crop Type (Page No. - 92)
10.1 Introduction
10.2 Market, By Crop Type
10.3 Cereals & Grains
10.4 Oilseeds & Pulses
10.5 Fruits & Vegetables
10.6 Other Crops
11 Agricultural Inoculants Market, By Region (Page No. - 100)
11.1 Introduction
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 France
11.3.3 Spain
11.3.4 U.K.
11.3.5 Denmark
11.3.6 Rest of Europe
11.4 Asia-Pacific
11.4.1 China
11.4.2 India
11.4.3 Japan
11.4.4 Australia
11.4.5 Rest of Asia-Pacific
11.5 Latin America
11.5.1 Brazil
11.5.2 Argentina
11.5.3 Chile
11.5.4 Rest of Latin Ameirca
11.6 Rest of the World (ROW)
12 Competitive Landscape (Page No. - 128)
12.1 Overview
12.2 Agricultural Inoculants Market: Market Share Analysis (Developments)
12.3 Competitive Situation & Trends
12.3.1 Expansions
12.3.2 Agreements
12.3.3 Acquisitions
12.3.4 New Product Launches
12.3.5 Joint Ventures and Investments
13 Company Profiles (Page No. - 140)
13.1 Introduction
13.2 Advanced Biological Marketing, Inc.
13.2.1 Business Overview
13.2.2 Product offerings
13.2.3 Key Strategy
13.2.4 Recent Developments
13.3 BASF SE
13.3.1 Business Overview
13.3.2 Product offerings
13.3.3 Key Strategy
13.3.4 Recent Developments
13.3.5 SWOT Analysis
13.3.6 MNM View
13.4 Bayer Cropscience
13.4.1 Business Overview
13.4.2 Product offerings
13.4.3 Key Strategy
13.4.4 Recent Developments
13.4.5 SWOT Analysis
13.4.6 MNM View
13.5 Brettyoung
13.5.1 Business Overview
13.5.2 Product offerings
13.5.3 Key Strategy
13.5.4 Recent Developments
13.5.5 SWOT Analysis
13.5.6 MNM View
13.6 Dupont
13.6.1 Business Overview
13.6.2 Product offerings
13.6.3 Key Strategy
13.6.4 Recent Developments
13.6.5 SWOT Analysis
13.6.6 MNM View
13.7 Novozymes A/S
13.7.1 Business Overview
13.7.2 Product offerings
13.7.3 Key Strategy
13.7.4 Recent Developments
13.7.5 SWOT Analysis
13.7.6 MNM View
13.8 Precision Laboratories, LLC
13.8.1 Business Overview
13.8.2 Product offerings
13.8.3 Key Strategy
13.8.4 Recent Developments
13.9 Queensland Agricultural Seeds Pty. Ltd.
13.9.1 Business Overview
13.9.2 Product offerings
13.9.3 Key Strategy
13.10 Verdesian Life Sciences, LLC
13.10.1 Business Overview
13.10.2 Product offerings
13.10.3 Key Strategy
13.10.4 Recent Developments
13.11 Xitebio Technologies Inc.
13.11.1 Business Overview
13.11.2 Product offerings
13.11.3 Key Strategy
13.11.4 Recent Developments
13.11.5 MNM View
14 Appendix (Page No. - 169)
14.1 Insights of Industry Experts
14.2 Discussion Guide
14.3 Introducing RT: Real Time Market Intelligence
14.4 Available Customizations
List of Tables (71 Tables)
Table 1 Impact of Key Drivers on the Agricultural Inoculants Market
Table 2 Impact of Key Restraints on the Agricultural Inoculants Market
Table 3 Challenges in the Agricultural Inoculants Market
Table 4 Agreements & Acquisition: Leading Trend Among the Players
Table 5 Agricultural Inoculants Market Size, By Type, 2012-2019 ($Million)
Table 6 Plant Growth-Promoting Microorganisms Agricultural Inoculants Market Size, By Region, 2012-2019 ($Million)
Table 7 Plant Growth-Promoting Microorganisms Agricultural Inoculants Market Size, By Source, 2012-2019 ($Million)
Table 8 Bio-Control Agent Agricultural Inoculants Market Size, By Region, 2012-2019 ($Million)
Table 9 Bio-Control Agent Agricultural Inoculants Market Size, By Source, 2012-2019 ($Million)
Table 10 Plant Resistance Stimulants Agricultural Inoculants Market Size, By Region, 2012-2019 ($Million)
Table 11 Plant Resistance Stimulants Agricultural Inoculants Market Size, By Source, 2012-2019 ($Million)
Table 12 Agricultural Inoculants Market Size, By Source, 2012-2019 ($Million)
Table 13 Bacterial Inoculants Market Size, By Type, 2012-2019 ($Million)
Table 14 Bacterial Inoculants Market Size, By Sub-Type, 2012-2019 ($Million)
Table 15 Fungal Inoculants Market Size, Type, 2012-2019 ($Million)
Table 16 Fungal Inoculants Market Size, By Sub-Type, 2012-2019 ($Million)
Table 17 Other Inoculants Market Size, By Type, 2014-2019 ($Million)
Table 18 Other Inoculants Market Size, By Sub-Type, 2014-2019 ($Million)
Table 19 Agricultural Inoculants Market Size, By Mode of Application, 2012-2019 ($Million)
Table 20 Seed Inoculation Market Size, By Region, 2012-2019 ($Million)
Table 21 Soil Inoculation Market Size, By Region, 2014-2019 ($Million)
Table 22 Others (Mode of Inoculation) Market Size, By Region, 2014-2019 ($Million)
Table 23 Examples of Microorganisms That Have Been Shown to Be Effective in Field Studies
Table 24 Market Size, By Crop Type, 2012-2019 ($Million)
Table 25 Cereals & Grains Market Size, By Region, 2012-2019 ($Million)
Table 26 Oilseeds & Pulses Market Size, By Region, 2012-2019 ($Million)
Table 27 Fruits & Vegetables Market Size, By Region, 2012-2019 ($Million)
Table 28 Other Crops Market Size, By Region, 2014-2019 ($Million)
Table 29 Market Size, By Region, 2012-2019 ($Million)
Table 30 North America: Market Size, By Country, 2012–2019 ($Million)
Table 31 North America: Market Size, By Type, 2012–2019 ($Million)
Table 32 North America: Market Size, By Mode of Application, 2012-2019 ($Million)
Table 33 North America: Market Size, By Crop Type, 2012-2019 ($Million)
Table 34 Us Agricultural Inoculants Market Size, By Type, 2012-2019 ($Million)
Table 35 Canada Market Size, By Type, 2012-2019 ($Million)
Table 36 Mexico Market Size, By Type, 2012-2019 ($Million)
Table 37 Europe: Market Size, By Country, 2012–2019 ($Million)
Table 38 Europe: Market Size, By Type, 2012-2019 ($Million)
Table 39 Europe: Market Size, By Mode of Application, 2012-2019 ($Million)
Table 40 Europe: Market Size, By Crop Type, 2012-2019 ($Million)
Table 41 Germany Agricultural Inoculants Market Size, By Type, 2012-2019 ($Million)
Table 42 France Inoculants Market Size, By Type, 2012-2019 ($Million)
Table 43 Spain Inoculants Market Size, By Type, 2012-2019 ($Million)
Table 44 U.K. Agricultural Inoculants Market Size, By Type, 2012-2019 ($Million)
Table 45 Denmark Agricultural Inoculants Market Size, By Type, 2012-2019 ($Million)
Table 46 Rest of Europe Agricultural Inoculants Market Size, By Type, 2012-2019 ($Million)
Table 47 Asia-Pacific: Agricultural Inoculants Market Size, By Country, 2012–2019 ($Million)
Table 48 Asia-Pacific: Agricultural Inoculants Market Size, By Type, 2012-2019 ($Million)
Table 49 Asia-Pacific: Agricultural Inoculants Market Size, By Mode of Application, 2012–2019 ($Million)
Table 50 Asia-Pacific: Agricultural Inoculants Market Size, By Crop Type, 2012–2019 ($Million)
Table 51 China Agricultural Inoculants, By Market Size, By Type, 2012-2019 ($Million)
Table 52 India Agricultural Inoculants, By Market Size, By Type, 2012-2019 ($Million)
Table 53 Japan Agricultural Inoculants, By Market Size, By Type, 2012-2019 ($Million)
Table 54 Australia Agricultural Inoculants, By Market Size, By Type, 2012-2019 ($Million)
Table 55 Rest of Asia-Pacific Agricultural Inoculants, By Market Size, By Type, 2012-2019 ($Million)
Table 58 Latin America: Agricultural Inoculants , By Market Size, By Mode of Application, 2012-2019 ($Million)
Table 59 Latin America: Agricultural Inoculants, By Market Size, By Crop Type, 2012-2019 ($Million)
Table 60 Brazil Agricultural Inoculants, By Market Size, By Type, 2012-2019 ($Million)
Table 61 Argentina Agricultural Inoculants, By Market Size, By Type, 2012-2019 ($Million)
Table 62 Chile Market Size, By Type, 2012-2019 ($Million)
Table 63 Rest of Latin America Market Size, By Type, 2012-2019 ($Million)
Table 65 ROW: Market Size, By Mode of Application, 2012–2019 ($Million)
Table 66 ROW: Market Size, By Crop Type, 2012–2019 ($Million)
Table 67 Expansions, 2010-2014
Table 68 Agreements & Partnerships, 2011-2014
Table 69 Acquisitions, 2010-2014
Table 70 New Product Launches, 2011-2013
Table 71 Joint Ventures and Investments, 2010-2013
List of Figures (65 Figures)
Figure 1 Market Segmentation
Figure 2 Research Design
Figure 3 North America: Fertilizer Consumption (Kg) Per Hectare of Arbale Land
Figure 4 Benefits of Nitrogenous Nutrient-Based Fertilizers
Figure 5 Nitrogen and Phosphatic Fertilizer Nutrients Consumption Trend
Figure 6 Population Growth Trend, 1961-2050
Figure 7 Biopesticides Market Growth Trend, 2013
Figure 8 Market Size Estimation Methodology: Bottom-Up Approach
Figure 9 Market Size Estimation Methodology: Top-Down Approach
Figure 10 Assumptions of the Research Study
Figure 11 Limitations of the Research Study
Figure 12 Market Snapshot (2014 vs. 2019): Plant Growth-Promoting Microorganisms Are Estimated to Account for the Largest Share
Figure 13 Market Trend, By Crop Type, 2014
Figure 14 High Growth Rate Observed in the Latin American Countries, 2014-2019
Figure 15 Attractive Market Opportunities in Agricultural Inoculants
Figure 16 Bacterial Segment to Grow at the Fastest Rate & Account for the Largest Share in Next Five Years
Figure 17 Oilseeds & Pulses Segment Accounted for the Largest Share in the Latin American Agricultural Inoculants Market
Figure 18 Agricultural Inoculants Have A Promising Future in Emerging Economies of the Latin Maerican Region, 2019
Figure 19 U.S. Dominates the Global Market
Figure 20 Latin America & Asia-Pacific Regions to Provide Immense Potential Opportunities
Figure 21 Development of the Market
Figure 22 Market, By Type
Figure 23 Market, By Source
Figure 24 Key Drivers: Rise in Cost & Demand for Fertilizers & Pesticides & Increased Organic Farming Practices
Figure 25 Annual Average Fertilizer Price Trend, 2009-2013,
Figure 26 Decreasing Per Capita Arable Land With Population Growth
Figure 27 Value Chain Analysis (2014): Value Added During R&D and Manufacturing Phases
Figure 28 Supply Chain: Inter-Departmental Consumption & Contract-Centered Supply Prove to Be the foremost Option
Figure 29 Porter’s Five forces Analysis (2014):Strong Growth of Agricultural Inoculants Market
Figure 30 Discovering Opportunites Through Strategic Developments
Figure 31 Strategic Benchmarking: Lallemand Inc. & BASF SE Dealing With Large-Scale Acquisitions
Figure 32 Agricultural Inoculants, By Type: A Snapshot
Figure 33 Plant Growth Promoting Micro-Organisms: Market Growth (2014-2019)
Figure 34 Commercial Producers of Natural Enemies for Augmentative forms of Biological Control
Figure 35 Plant Growth-Promoting Microorganisms to Boast the Highest CAGR in Bacterial Inoculants
Figure 36 Bio-Control Agents: Largest Segment in Fungal Inoculants Market
Figure 37 North America to Boast the Highest CAGR in Seed Inoculation
Figure 38 North and Latin America: Fastest Growing Markets, 2014-2019
Figure 39 Oilseeds & Pulses Demand Nearly Half of the Global Agricultural Inoculants, 2014-2019 ($Million)
Figure 40 Latin America & North America: Largest Upcoming Markets for Oilseeds & Pulses, 2014-2019
Figure 41 Geographic Snapshot (2013): Rapid Growth Markets Are Emerging as New Hot Spots
Figure 42 North America: Agricultural Inoculants Market Snapshot
Figure 43 Latin America: Agricultural Inoculants Market Snapshot
Figure 44 ROW: Agricultural Inoculants Market Size, By Region, 2012-2019 ($Million)
Figure 45 Acquisitions & Agreements: Key Company Strategies (2010-2014)
Figure 46 Revenues of Key Companies, 2010–2014 ($Million)
Figure 47 Agricultural Inoculants Market Share (Developments), By Key Player, 2010-2014
Figure 48 Market Evaluation Framework: Expansions & Agreements Fueled the Business Growth
Figure 49 Agreements & Acquisitions: the Most Popular Growth Strategies
Figure 50 Geographic Revenue Mix of Top 5 Market Players
Figure 51 Advanced Biological Marketing, Inc.: Business Overview
Figure 52 BASF SE: Business Overview
Figure 53 BASF SE: SWOT Analysis
Figure 54 Bayer Cropscience: Business Overview
Figure 55 Bayer Cropscience: SWOT Analysis
Figure 56 Brettyoung: Business Overview
Figure 57 Brettyoung: SWOT Analysis
Figure 58 Dupont: Business Overview
Figure 59 Dupont: SWOT Analysis
Figure 60 Novozymes A/S
Figure 61 Novozymes A/S: SWOT Analysis
Figure 62 Precision Laboratories, LLC: Business Overview
Figure 63 Queensland Agricultural Seeds Pty. Ltd.: Business Overview
Figure 64 Verdesian Life Sciences LC: Business Overview
Figure 65 Xitebio Technologies Inc.