Wilmington, April 29, 2021: Axiom Market Research & Consulting (TM) added a report on the Global Agriculture Biologicals market. The study covers analysis of economic indicators of major countries along with GDP, impact of COVID-19 on global agriculture industry, government policies, business investments, key marketing strategies etc. The Global Agriculture Biologicals market is projected to grow at a CAGR of 12.75% over the forecast period of 2021 to 2027. The market is estimated and forecasted in terms of revenue (USD million).
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The Global Agriculture Biologicals market is analyzed based on type, source, mode of application, application, and geography. Biopesticides, biocontrol, bio stimulants, and biofertilizer are the major types of agriculture biologicals included in the study. The various mode of application include foliar spray, soil treatment, and seed treatment. Microbials and biochemicals are the major sources of agriculture biologicals market. The market finds applications into cereals & grains, oilseeds & pulses, fruits & vegetables. The market is studied across major countries of North America, Europe, Asia Pacific and Rest of the World.
Agriculture biologicals are extensively being used as a replacement of synthetic or chemical plant protection products like chemical fungicides, pesticides, and insecticides. Agriculture biological products like bio stimulants, bio pesticides, and bio fertilizers serve as a natural product which leads to soil health development, plants disease control, improvement of nutrient uptake, plant growth enhancement, and many others. The customers are accepting agriculture biologicals products over other synthetic products due to its capability to target specific microorganisms with low impact on other organisms, low environmental impacts, and a low risk of product resistance towards the pests.
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The key competitors of this market include Marrione Bio Innovation (U.S), Vegalab (U.S), Lallemand (Canada), Andermatt Biocontrol (Switzerland), Seipasa (Valencia), Verdasien Life Sciences (U.S), UPL (India), Advanta India (India), biotech international (India), Arysta LifeScience Corporation (Japan), Valagro (Italy), Biolchim SPA (Italy), Koppert B.V (Netherland), Bayer AG (Germany), Syngenta (Switzerland), BASF SE (Germany), and among others.
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