Inoculants Market

Inoculants Market by Type (Agricultural Inoculants and Silage Inoculants), Microbe (Bacterial and Fungal), Crop Type (Oilseeds & Pulses, Cereals & Grains, Fruits & Vegetables, and Forage), and Region - Global Forecast to 2025

Report Code: AGI 2960 Jul, 2020, by marketsandmarkets.com

[241 Pages Report] The inoculants market is estimated to reach USD 924 million in 2020 and is projected to account for USD 1,207 million by 2025, recording a CAGR of 6.9% during the forecast period. In South America, countries such as Brazil and Argentina are projected to offer high growth prospects in the coming years, as they are ranked among the largest producers of soybean at a global level, driving the demand for inoculants in the region. Apart from this, the livestock industry is witnessing high growth in the Asia Pacific and South American regions due to the increase in demand for animal-based products, such as eggs, milk, and meat. This has led to a rise in the production and demand for livestock products, and thus, the price of feed grains has also increased. These factors are projected to increase the sales of silage inoculants in the coming years.

Inoculants Market Trends

COVID-19 impact on the Inoculants Market

The inoculants market includes major product manufacturers like Corteva (US), BASF (Germany), Bayer (Germany), Novozymes (Denmark), and Verdesian Life Sciences (US). These companies have their manufacturing and service facilities spread across various countries across Asia Pacific, Europe, North America, South America, and RoW. COVID-19 has impacted their businesses up to some extent. Though this pandemic situation has impacted their businesses, there is no significant impact on the global operations and supply chain of their inoculants products.

Market Dynamics

Driver: Shift in the trend toward the adoption of organic and environmentally friendly farming practices to drive the market growth

According to an article published under FAO, organic agriculture is a method wherein no synthetic fertilizers and pesticides are used. It involves eliminating the use of synthetic inputs, such as synthetic fertilizers, pesticides, genetically modified seeds, preservatives, additives, veterinary drugs, and irradiation.

According to Codex, “Organic agriculture is a holistic production management system, which promotes and enhances agro-ecosystem health, including biodiversity, biological cycles, and soil biological activity. It emphasizes the use of management practices in preference to the use of off-farm inputs, taking into account that regional conditions require locally adapted systems. This is accomplished by using, where possible, agronomic, biological, and mechanical methods, as opposed to using synthetic materials, to fulfill any specific function within the system” (FAO/WHO Codex Alimentarius Commission, 1999).

The consumer demand for organically produced goods continues to grow significantly, presenting opportunities to farmers across the world. There has been a significant change in eating habits and preferences among people globally. In the US, organic food sales rose 5.9% in 2018 to reach USD 47.9 billion, according to the 2019 Organic Industry Survey released by the Organic Trade Association. The sales of organic fruits & vegetables made up 36% of all organic food sales in 2018, rising 5.6% to USD 17.4 billion. Organic fruit & vegetable sales accounted for nearly 15% of all US fruit & vegetable sales in 2018. According to an article published under the Agricultural and Processed Food Products Export Development Authority (APEDA), India was ranked ninth in terms of the world’s organic agricultural land, and in terms of the total number of producers, it was first as per the 2018 data (Source: FIBL & IFOAM Year Book 2018). In the same year, the country produced about 1.70 million tons (2017–18) of certified organic products, including food products, namely oilseeds, pulses, cereals & millets, fruits, and vegetables. Thus, countries such as the US and India are expected to be the key revenue generators in the agricultural inoculants market. The rise in organic farming practices has led to increased consumption of agricultural inoculants. Since agricultural inoculants comprise beneficial microorganisms that help improve the nutrient availability in soil, reduce inputs of chemical fertilizers, and promote sustainable agriculture, their use has also increased significantly in recent years.

Restraint: Limited awareness regarding both agricultural and silage inoculants

A majority of farmers are unaware of or have limited knowledge about agricultural inoculants and their usefulness in increasing cost yield sustainability. In most regions, agricultural inoculants are perceived by farmers to have a gradual positive effect compared to chemical fertilizers. The acceptance of agricultural inoculants is very low in most countries, such as India and China. In these countries, agriculture is the major source of income for more than half of the country’s population; farmers are not willing to take risks regarding the production capacity. Thus, there has been very little acceptance of agricultural inoculants among farmers. According to the Institute of Management Development and Research (IMDR), India, small retailers, and shopkeepers are unwilling to stock and sell agricultural inoculants in the country as they feel their quality is unreliable. Awareness of inoculants, lack of availability, and slow results are the major problems faced by farmers in the usage of agricultural inoculants. Therefore, unawareness about agricultural inoculants among farmers is a major hindrance to the growth of the market. A similar case is seen with livestock farmers for silage inoculants.

Opportunity: Expansion of the livestock industry in the Asia Pacific and the South American regions

The livestock industry is booming in Asia Pacific and South America. The demand for poultry products is on the rise in these regions as consumers opt for protein-rich foods. In Asia Pacific, the rise in meat consumption in countries such as China, India, Malaysia, and Indonesia is set to drive the demand for silage inoculants. In 2016, broiler meat consumption crossed 35 million tons and contributed to over 50% of the global share. The surge in protein intake among health-conscious consumers has favored the growth of poultry meat in developing countries. Poultry meat serves as a nutritious, low-fat, and a high-quality source of protein. The rise in income levels has boosted the demand for poultry meat in this region, thereby expanding the poultry industry, and thus, the demand for silage inoculants.

In Latin America, livestock contributes 46% of the region’s agricultural GDP and is largely concentrated within five countries, which account for 75% of production: Brazil, Uruguay, Paraguay, Mexico, and Argentina. In South America, over 50% of the total animal protein consumption is in the form of poultry meat. Countries such as Brazil, Argentina, Paraguay, and Uruguay are major producers of grain and meat.

Thus, South America and the Asia Pacific are expected to create lucrative opportunities for silage inoculant manufacturers, owing to the demand for poultry products in these regions.

Challenge: Silage losses due to fungi and mycotoxin

The preparation of silage can enhance the storage time and shelf-life of forage; however, during the process of maintaining and enhancing the nutritional value of the forage, silage itself remains extremely prone to contamination. Storage for a prolonged period makes the silage highly vulnerable to molds and mycotoxins. Silage materials provide a highly hospitable environment for fungal growth, which then leads to extreme silage losses. Factors such as excessive moisture, excessive dryness, heat, improper material compression, condensation, or infestation by insects could easily lead to the growth of molds and mycotoxin production. As a result, if silage is not properly preserved, its contamination may lead to severe silage losses.

Infestation by mycotoxins could also cause animal disorders, which could then affect ruminant health adversely. Mycotoxin contamination could also lead to the presence of its metabolic products in various dairy products. Improper application of silage additives and inefficient management of silage may lead to its contamination, thereby making the process a highly risky one.  

The fungal segment is projected to record the fastest growth during the forecast period.

Fungal inoculants help plants to absorb phosphorus and other nutrients for use. Mycorrhizal fungi live in plant roots and are well-known for their ability to provide phosphorus to plants. The demand for fungal microbes is projected to increase in the coming years, with the rise in organic farming practices at a global level. 

“The cereal & grains segment in the inoculants market is estimated to account for the largest share in 2019.”

Based on crop type, the cereals & grains segment is estimated to account for the largest share in the market in 2019. Cereals and grains include wheat, corn, barley, and rice crops. The US is a major wheat-producing country. According to the USDA, wheat ranks as the third majorly produced crop among the US field crops, following corn and soybean. Apart from this, Brazil is the largest producer of corn and is also ranked among the top producers at a global level. According to the US Department of Agriculture’s World Agricultural Supply and Demand Estimates, the country’s corn exports was 35 million MT during 2018-2019, due to which it is the second-largest corn exporter at a global level, after the US.

“The silage inoculants segment in the  market is estimated to account for the largest share in 2019.”

Based on type, the silage inoculants segment is estimated to account for the largest share in the market in 2019. The silage inoculants segment accounts for the largest share in the market. Sales of silage inoculants are on rise due to the expansion of the livestock industry in emerging countries across regions. Urbanization has increased the sales of animal-based products, such as milk, eggs, and meat. With the rise in prices of feed grains, agricultural inoculants serve as a suitable alternative.

Inoculants Market By Region

South America to be the fastest growing market for inoculants during the forecast period.

The South American inoculants market is projected to account for the largest share by 2025. Countries such as Brazil and Argentina are the largest country-level markets in the Latin American region. Both these countries are the major producers of soybean. Agricultural inoculants are widely used for soybean crops, and hence, the consumption of inoculants is projected to increase in the next five years. It is one of the largest regions that has adequate organic agricultural land area, due to which the demand for agricultural inoculants remains high in this region. 

Key Market Players

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies in the market. It provides profiles of leading companies, such as Corteva (US), BASF (Germany), Bayer (Germany), Novozymes (Denmark), Verdesian Life Sciences (US), Advanced Biological Marketing Inc. (US), BrettYoung (US), Precision Laboratories, LLC (US), Queensland Agricultural Seeds Pty (Australia), and XiteBio Technologies Inc. (Canada). Apart from this, other key players include Chr. Hansen (Denmark), Lallemand Inc. (Canada), Kemin Industries, Inc (US), Provita Supplements GmbH (Germany), Cargill (US), Archer Daniels Midland Company (US), BIOMIN Holding GmbH (Austria), Terramax (US), BIO-CAT Microbials (US), and MBFi (South Africa).

Scope of the report

Report Metric

Details

Market size available for years

2016–2025

Base year considered

2019

Forecast period

2020–2025

Forecast units

Value (USD)

Segments covered

Crop type, Microbe, and Type 

Geographies covered

North America, Europe, Asia Pacific, South America, RoW

Companies covered

Corteva (US), BASF (Germany), Bayer (Germany), Novozymes (Denmark), Verdesian Life Sciences (US), Advanced Biological Marketing Inc. (US), BrettYoung (US), Precision Laboratories, LLC (US), Queensland Agricultural Seeds Pty (Australia), and XiteBio Technologies Inc. (Canada). Apart from this, other key players include Chr. Hansen (Denmark), Lallemand Inc. (Canada), Kemin Industries, Inc (US), Provita Supplements GmbH (Germany), Cargill (US), Archer Daniels Midland Company (US), BIOMIN Holding GmbH (Austria), Terramax (US), BIO-CAT Microbials (US), and MBFi (South Africa).

This research report categorizes the inoculants market based on type, crop type, microbes, and region. 

By Type:

  • Agricultural inoculants
    • Plant-growth-promoting microorganisms
    • Biocontrol agents
    • Plant-resistant stimulants
  • Silage inoculants
    • Homofermentative
    • Heterofermentative 

By Crop Type:

  • Cereals & grains
  • Oilseeds & pulses
  • Fruits & vegetables
  • Forage
  • Other crop types (turf & ornamentals, plantation crops, and fiber crops)

By Microbes:

  • Bacterial
    • Rhizobacteria
    • Phosphobacteria
    • Azotobacter
    • Lactobacillus
    • Pediococcus
    • Enterococcus
    • Other bacterial (Azospirillum, Bacillus, and Pseudomonas putida)
  • Fungal
    • Mycorrhiza
    • Trichoderma spp.
    • Other fungal (Paecelomyces lilacinus, Aspergillus, and Penicillium spp)
  • Other microbes (algal, viral, and protozoan )

By region:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Rest of World (RoW)

Recent Developments:

  • In April 2019, Bayer launched the industrial biological soybean inoculant, CTS 500, in Brazil.
  • In January 2019, BASF launched an agricultural inoculant called New Nodulaid, which is specifically designed for Australian farmers.
  • In February 2017, Corteva launched Sila-Bac brand inoculant. This product improved the digestibility of fiber and offered growers more consistent and stable silage
  • In August 2017, BASF expanded its manufacturing facilities in Saskatoon for biological inoculants production. The company made an investment of approximately CAD 10 million (USD 8 million).
  • In July 2017 Bayer launched two inoculants seed treatment in Brazil.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS 
 
1 INTRODUCTION
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
    1.3 STUDY SCOPE
 FIGURE 1 MARKET SEGMENTATION
 FIGURE 2 REGIONAL SEGMENTATION
    1.4 PERIODIZATION CONSIDERED
    1.5 CURRENCY CONSIDERED
 TABLE 1 USD EXCHANGE RATE, 2014-2018
    1.6 STAKEHOLDERS
    1.7 INCLUSIONS & EXCLUSIONS
    1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY
    2.1 RESEARCH DATA
 FIGURE 3 RESEARCH DESIGN
           2.1.1 SECONDARY RESEARCH
           2.1.2 PRIMARY RESEARCH
                    2.1.2.1 Key industry insights
                    2.1.2.2 Key data from primary sources
                    2.1.2.3 Market data from primary sources
                    2.1.2.4 Breakdown of primaries
                         FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
    2.2 MACROECONOMIC INDICATORS
           2.2.1 INTRODUCTION
           2.2.2 DEMAND-SIDE ANALYSIS
                    2.2.2.1 Increase in consumption of fertilizers
                    2.2.2.2 The growth of the crop protection chemical market in Brazil and Argentina
                    2.2.2.3 Increasing demand and consumption trends of nitrogen, phosphorus, and potash nutrients
              FIGURE 5 NITROGEN FERTILIZER DEMAND FORECAST (VOLUME), 2019
       FIGURE 6 PHOSPHATE FERTILIZER DEMAND FORECASTS (VOLUME), 2019
       FIGURE 7 POTASH FERTILIZER DEMAND FORECASTS (VOLUME), 2019
           2.2.3 RUMINANTS POPULATION & INCREASE IN DEMAND FOR MILK &  MEAT PRODUCTS
   FIGURE 8 GLOBAL CATTLE POPULATION, 2013-2017 (BILLION HEADS)
   FIGURE 9 PER CAPITA CONSUMPTION OF LIVESTOCK PRODUCTS
           2.2.4 SUPPLY-SIDE ANALYSIS
                    2.2.4.1 The supply-side key variables that were considered in the study of this market include the following:
                    2.2.4.2 Parent Market Analysis
    2.2.4.2.1 Feed Market Growth
    2.2.4.2.2 Biofertilizers & biopesticides
                    2.2.4.3 Increase in environmental concerns
    2.3 MARKET SIZE ESTIMATION
 FIGURE 10 MARKET SIZE ESTIMATION METHODOLOGY: TOP-UP APPROACH
 FIGURE 11 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-DOWN APPROACH
    2.4 MARKET BREAKDOWN & DATA TRIANGULATION
 FIGURE 12 DATA TRIANGULATION METHODOLOGY
    2.5 RESEARCH ASSUMPTIONS
    2.6 LIMITATIONS

3 EXECUTIVE SUMMARY
  TABLE 2 INOCULANTS MARKET SNAPSHOT, 2019 VS. 2025
  FIGURE 13 MARKET SIZE, BY TYPE, 2020 VS. 2025 (USD MILLION)
  FIGURE 14 MARKET SIZE, BY MICROBE, 2020 VS. 2025
  FIGURE 15 MARKET SIZE, BY CROP TYPE, 2020 VS. 2025 (USD MILLION)
  FIGURE 16 REGIONAL SNAPSHOT

4 PREMIUM INSIGHTS
    4.1 OPPORTUNITIES IN THE MARKET
 FIGURE 17 RISE IN PRICES OF FERTILIZERS AND PESTICIDES TO BOOST THE DEMAND FOR INOCULANTS DURING THE FORECAST PERIOD
    4.2 INOCULANTS MARKET, BY TYPE AND REGION
 FIGURE 18 FORAGE SEGMENT PROJECTED TO LEAD EUROPEAN INOCULANTS MARKET DURING THE FORECAST PERIOD
    4.3 SOUTH AMERICA INOCULANTS MARKET, BY MICROBE AND COUNTRY
 FIGURE 19 BACTERIAL SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN SOUTH AMERICA
    4.4 INOCULANTS MARKET: KEY COUNTRIES
 FIGURE 20 INOCULANTS MARKET IN ARGENTINA EXPECTED TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD

5 MARKET OVERVIEW
    5.1 INTRODUCTION
    5.2 IMPACT OF COVID-19 ON INOCULANTS MARKET
    5.3 MARKET DYNAMICS
 FIGURE 21 INOCULANTS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,  AND CHALLENGES
           5.3.1 DRIVERS
                    5.3.1.1 Shift in the trend toward the adoption of organic and environment-friendly farming practices
                    5.3.1.2 Environmental concerns related to the usage of fertilizers and pesticides
                    5.3.1.3 Increase in feed grain and compound feed prices
       FIGURE 22 FEED GRAIN PRICES, 2017-2025 (USD/TON)
                    5.3.1.4 Expansion of the livestock industry, owing to increased demand for animal-based products
           5.3.2 RESTRAINTS
                    5.3.2.1 Limited awareness regarding both agricultural and silage inoculants
                    5.3.2.2 Shelf life of agricultural inoculants
           5.3.3 OPPORTUNITIES
                    5.3.3.1 Expansion of the livestock industry in the Asia Pacific and the South American regions
                    5.3.3.2 South America is a key producer of soybean, making it a key revenue generator for agricultural inoculants
       TABLE 3 GLOBAL SOYBEAN PRODUCTION, 2017/2018 (MILLION TONS)
           5.3.4 CHALLENGES
                    5.3.4.1 Poor infrastructure
       TABLE 4 MEAN DISTANCE (KM) TRAVELLED BY AGRO-INPUT DEALERS TO ACQUIRE FARM INPUTS IN AFRICA
                    5.3.4.2 Silage losses due to fungi and mycotoxin
    5.4 CONNECTED MARKET: PLANT GROWTH REGULATOR
           5.4.1 INTRODUCTION
   TABLE 5 PLANT GROWTH REGULATORS MARKET SIZE, BY REGION,  2015-2022 (USD MILLION)
           5.4.2 PLANT GROWTH REGULATORS MARKET: COMPETITIVE ANALYSIS
                    5.4.2.1 Market ranking analysis
       TABLE 6 TOP FIVE PLAYERS LED THE GLOBAL PLANT GROWTH REGULATORS MARKET, 2016
    5.5 YC-YCC SHIFT: INOCULANTS MARKET

6 INOCULANTS MARKET, BY TYPE
    6.1 INTRODUCTION
    6.2 IMPACT OF COVID-19 ON TYPE OF INOCULANTS
 FIGURE 23 INOCULANTS MARKET, BY TYPE, 2020 VS. 2025
 TABLE 7 MARKET SIZE, BY TYPE, 2016-2019 (USD MILLION)
 TABLE 8 MARKET SIZE, BY TYPE, 2020-2025 (USD MILLION)
    6.3 AGRICULTURAL INOCULANTS
 TABLE 9 MARKET SIZE, BY SUBTYPE,  2016-2019 (USD MILLION)
 TABLE 10 AGRICULTURAL INOCULANTS MARKET SIZE, BY SUBTYPE,  2020-2025 (USD MILLION)
           6.3.1 PLANT-GROWTH-PROMOTING MICROORGANISMS
                    6.3.1.1 Agricultural inoculants improve the quality of soil, enhance the growth of crops, and increase the yield by improving the uptake of nutrients
       TABLE 11 PLANT GROWTH PROMOTING MICROORGANISMS: AGRICULTURAL INOCULANTS MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
       TABLE 12 PLANT GROWTH PROMOTING MICROORGANISMS: AGRICULTURAL INOCULANT MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
           6.3.2 BIOCONTROL AGENTS
                    6.3.2.1 They can suppress a broad spectrum of bacterial, fungal, and nematode diseases
       TABLE 13 BIO-CONTROL AGENTS: MARKET SIZE,  BY REGION, 2016-2019 (USD MILLION)
       TABLE 14 BIO-CONTROL AGENTS: AGRICULTURAL INOCULANT MARKET SIZE,  BY REGION, 2020-2025 (USD MILLION)
           6.3.3 PLANT RESISTANCE STIMULANTS
                    6.3.3.1 It reduces water consumption, enhances the appearance of the crops, increases the yield, and protects the plants from diseases
       TABLE 15 PLANT-RESISTANT STIMULANTS: MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
       TABLE 16 PLANT-RESISTANT STIMULANTS: MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
    6.4 SILAGE INOCULANTS
 TABLE 17 SILAGE INOCULANTS MARKET SIZE, BY SUBTYPE, 2016-2019 (USD MILLION)
 TABLE 18 SILAGE INOCULANTS MARKET SIZE, BY SUBTYPE, 2020-2025 (USD MILLION)
           6.4.1 HOMOFERMENTATIVE
                    6.4.1.1 Homofermentative inoculants help in faster and efficient fermentation that produces mostly lactic acid
       TABLE 19 HOMOFERMENTATIVE: SILAGE INOCULANTS MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
       TABLE 20 HOMOFERMENTATIVE: SILAGE INOCULANTS MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
           6.4.2 HETEOFERMENTATIVE
                    6.4.2.1 Heterofermentative inoculants are good for keeping silage from heating in warm weather
       TABLE 21 HETEROFERMENTATIVE: SILAGE INOCULANTS MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
       TABLE 22 HETEROFERMENTATIVE: SILAGE INOCULANTS MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)

7 INOCULANTS MARKET, BY MICROBE
    7.1 INTRODUCTION
 FIGURE 24 INOCULANTS MARKET, BY MICROBE, 2020 VS. 2025
 TABLE 23 MARKET SIZE, BY MICROBE, 2016-2019 (USD MILLION)
 TABLE 24 MARKET SIZE, BY MICROBE, 2020-2025 (USD MILLION)
    7.2 BACTERIAL
           7.2.1 IT SERVES AS AN ALTERNATIVE TO INCREASE CROP PRODUCTIVITY, REDUCING THE USE OF FERTILIZERS
   TABLE 25 BACTERIAL INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
   TABLE 26 BACTERIAL INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
   TABLE 27 BACTERIAL INOCULANTS MARKET SIZE, BY REGION,  2016-2019 (USD MILLION)
   TABLE 28 BACTERIAL INOCULANTS MARKET SIZE, BY REGION,  2020-2025 (USD MILLION)
           7.2.2 MODE OF ACTION
                    7.2.2.1 Nitrogen fixation
                    7.2.2.2 Phosphate solubilization
                    7.2.2.3 Sequestering iron
                    7.2.2.4 Modulating phytohormone levels
           7.2.3 TYPES OF BACTERIAL SOURCES
                    7.2.3.1 Rhizobacteria
                    7.2.3.2 Phosphobacteria
                    7.2.3.3 Azotobacter
                    7.2.3.4 Lactobacillus
                    7.2.3.5 Pediococcus
                    7.2.3.6 Enterococcus
                    7.2.3.7 Other bacterial sources
    7.3 FUNGAL
           7.3.1 FUNGAL INOCULANTS RELEASE ENZYMES THAT HELP PLANTS TO BREAK DOWN NUTRIENTS INTO MORE EASILY UTILIZED FORMS
   TABLE 29 FUNGAL INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
   TABLE 30 FUNGAL INOCULANT MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
   TABLE 31 FUNGAL INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
   TABLE 32 FUNGAL INOCULANTS MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
           7.3.2 TYPES OF FUNGAL SOURCES
                    7.3.2.1 Mycorrhiza
                    7.3.2.2 Trichoderma spp.
                    7.3.2.3 Other fungal sources
    7.4 OTHER SOURCES
           7.4.1 PROTOZOAN SOURCES HELP IN INCREASING THE INTAKE OF NITROGEN BY THE PLANTS
   TABLE 33 OTHER INOCULANTS MARKET SIZE, BY SUB-TYPE, 2016-2019 (USD MILLION)
   TABLE 34 OTHERS INOCULANTS MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
   TABLE 35 OTHER INOCULANTS MARKET SIZE, BY SUB-TYPE, 2020-2025 (USD MILLION)
   TABLE 36 OTHERS: INOCULANTS MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
 
8 INOCULANTS MARKET, BY CROP TYPE
    8.1 INTRODUCTION
    8.2 COVID-19 IMPACT ON AGRICULTURE
 FIGURE 25 INOCULANTS MARKET BY CROP TYPE, 2020 VS. 2025
 TABLE 37 MARKET SIZE, BY CROP TYPE, 2016-2019 (USD MILLION)
 TABLE 38 MARKET SIZE, BY CROP TYPE, 2020-2025 (USD MILLION)
    8.3 CEREALS & GRAINS
           8.3.1 THE GROWING DEMAND FOR CORN AND WHEAT HAS ALSO CONTRIBUTED TO THE MARKET GROWTH
   TABLE 39 CEREALS & GRAINS: INOCULANTS MARKET SIZE, BY REGION,  2016-2019 (USD MILLION)
   TABLE 40 CEREALS & GRAINS: MARKET SIZE, BY REGION,  2020-2025 (USD MILLION)
    8.4 OILSEEDS & PULSES
           8.4.1 THE INCREASED DEMAND FOR SOYBEAN, CANOLA, PEAS, BEANS, LEGUME CROPS IS DRIVING THE MARKET GROWTH
   TABLE 41 OILSEEDS & PULSES: INOCULANTS MARKET SIZE, BY REGION,  2016-2019 (USD MILLION)
   TABLE 42 OILSEEDS & PULSES: MARKET SIZE, BY REGION,  2020-2025 (USD MILLION)
    8.5 FRUITS & VEGETABLES
           8.5.1 THE USE OF ORGANIC FERTILIZERS FOR CROP PRODUCTION HAS INCREASED, WHICH HAS RESULTED IN THE GROWTH OF THE AGRICULTURAL INOCULANTS MARKET
   TABLE 43 FRUITS & VEGETABLES: MARKET SIZE, BY REGION,  2016-2019 (USD MILLION)
   TABLE 44 FRUITS & VEGETABLES: MARKET SIZE, BY REGION,  2020-2025 (USD MILLION)
    8.6 FORAGE
           8.6.1 INOCULANTS ARE USED TO IMPROVE SILAGE QUALITY, AS THEY CAN FACILITATE THE ENSILING PROCESS
   TABLE 45 FORAGE: INOCULANTS MARKET SIZE, BY REGION,  2016-2019 (USD MILLION)
   TABLE 46 FORAGE: MARKET SIZE, BY REGION,  2020-2025 (USD MILLION)
    8.7 OTHERS
           8.7.1 INOCULANT USAGE IS INCREASED IN TURF AND ORNAMENTAL CROPS SO AS TO REDUCE THE COST OF FERTILIZERS IN GARDEN OR LAWN MAINTENANCE
   TABLE 47 OTHER CROP TYPES: INOCULANTS MARKET SIZE, BY REGION,  2016-2019 (USD MILLION)
   TABLE 48 OTHER CROP TYPES: MARKET SIZE, BY REGION,  2020-2025 (USD MILLION)
 
9 INOCULANTS MARKET, BY REGION
    9.1 INTRODUCTION
 FIGURE 26 MARKET SHARE (VALUE), BY KEY COUNTRY, 2020
 TABLE 49 MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
 TABLE 50 MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
    9.2 NORTH AMERICA
 TABLE 51 NORTH AMERICA: INOCULANTS MARKET SIZE, BY COUNTRY,  2016-2019 (USD MILLION)
 TABLE 52 NORTH AMERICA: MARKET SIZE, BY COUNTRY,  2020-2025 (USD MILLION)
 TABLE 53 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2016-2019 (USD MILLION)
 TABLE 54 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2020-2025 (USD MILLION)
 TABLE 55 NORTH AMERICA: SILAGE INOCULANTS MARKET SIZE, BY COUNTRY,  2016-2019 (USD MILLION)
 TABLE 56 NORTH AMERICA: SILAGE INOCULANTS MARKET SIZE, BY COUNTRY,  2020-2025 (USD MILLION)
 TABLE 57 NORTH AMERICA: INOCULANTS MARKET SIZE, BY TYPE,  2016-2019 (USD MILLION)
 TABLE 58 NORTH AMERICA: MARKET SIZE, BY TYPE,  2020-2025 (USD MILLION)
 TABLE 59 NORTH AMERICA: MARKET SIZE, BY SUB-TYPE, 2016-2019 (USD MILLION)
 TABLE 60 NORTH AMERICA: MARKET SIZE, BY SUB-TYPE, 2020-2025 (USD MILLION)
 TABLE 61 NORTH AMERICA: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
 TABLE 62 NORTH AMERICA: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
 TABLE 63 NORTH AMERICA: INOCULANTS MARKET SIZE, BY CROP TYPE,  2016-2019 (USD MILLION)
 TABLE 64 NORTH AMERICA: MARKET SIZE, BY CROP TYPE,  2020-2025 (USD MILLION)
 TABLE 65 NORTH AMERICA: MARKET SIZE, BY MICROBE,  2016-2019 (USD MILLION)
 TABLE 66 NORTH AMERICA: MARKET SIZE, BY MICROBE  2020-2025 (USD MILLION)
           9.2.1 US
                    9.2.1.1 The US is the largest market for inoculants due to the high silage production and awareness about the advantages of inoculants
       TABLE 67 US: AGRICULTURAL INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 68 US: MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
       TABLE 69 US: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 70 US: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
           9.2.2 CANADA
                    9.2.2.1 Increase in demand for meat and dairy products in the country has contributed to the market growth in the country
       TABLE 71 CANADA: AGRICULTURAL INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 72 CANADA: MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
       TABLE 73 CANADA: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 74 CANADA: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
           9.2.3 MEXICO
                    9.2.3.1 Increase in awareness about the advantages of inoculants in combating silage losses and quality improvement offer high growth opportunities to manufacturers
       TABLE 75 MEXICO: MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 76 MEXICO: MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
       TABLE 77 MEXICO: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 78 MEXICO: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
    9.3 EUROPE
 FIGURE 27 EUROPE: INOCULANTS MARKET SNAPSHOT
 TABLE 79 EUROPE: MARKET SIZE, BY COUNTRY,  2016-2019 (USD MILLION)
 TABLE 80 EUROPE: MARKET SIZE, BY COUNTRY,  2020-2025 (USD MILLION)
 TABLE 81 EUROPE: MARKET SIZE, BY COUNTRY,  2016-2019 (USD MILLION)
 TABLE 82 EUROPE: MARKET SIZE, BY COUNTRY,  2020-2025 (USD MILLION)
 TABLE 83 EUROPE: SILAGE INOCULANTS MARKET SIZE, BY COUNTRY,  2016-2019 (USD MILLION)
 TABLE 84 EUROPE: SILAGE INOCULANTS MARKET SIZE, BY COUNTRY,  2020-2025 (USD MILLION)
 TABLE 85 EUROPE: INOCULANTS MARKET SIZE, BY TYPE, 2016-2019 (USD MILLION)
 TABLE 86 EUROPE: MARKET SIZE, BY TYPE, 2020-2025 (USD MILLION)
 TABLE 87 EUROPE: MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
 TABLE 88 EUROPE: MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
 TABLE 89 EUROPE: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
 TABLE 90 EUROPE: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
 TABLE 91 EUROPE: INOCULANTS MARKET SIZE, BY CROP TYPE,  2016-2019 (USD MILLION)
 TABLE 92 EUROPE: MARKET SIZE, BY CROP TYPE,  2020-2025 (USD MILLION)
 TABLE 93 EUROPE: MARKET SIZE, BY MICROBE,  2016-2019 (USD MILLION)
 TABLE 94 EUROPE: MARKET SIZE, BY MICROBE,  2020-2025 (USD MILLION)
           9.3.1 GERMANY
                    9.3.1.1 Demand for organic foods stands as a key growth factor for agricultural inoculant manufacturers
       TABLE 95 GERMANY: MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 96 GERMANY: MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
       TABLE 97 GERMANY: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 98 GERMANY: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
           9.3.2 FRANCE
                    9.3.2.1 Demand for dairy products, such as milk, expected to increase the sale of silage inoculants
       TABLE 99 FRANCE: AGRICULTURAL INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 100 FRANCE: MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
       TABLE 101 FRANCE: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 102 FRANCE: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
           9.3.3 UK
                    9.3.3.1 Continuous rise in the sale of organic food products expected to drive the market in the country
       TABLE 103 UK: MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 104 UK: MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
       TABLE 105 UK: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 106 UK: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
           9.3.4 RUSSIA
                    9.3.4.1 Expansion of the organic food market to hold high growth prospects for agricultural inoculant manufacturers
       TABLE 107 RUSSIA: MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 108 RUSSIA: MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
       TABLE 109 RUSSIA: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
           9.3.5 SPAIN
                    9.3.5.1 Ranked among the top ten markets for organic products
       TABLE 110 SPAIN: AGRICULTURAL INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 111 SPAIN: MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
       TABLE 112 SPAIN: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 113 SPAIN: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
           9.3.6 ITALY
                    9.3.6.1 Organic food and poultry industries expected to create growth opportunities for both agricultural and silage inoculant manufacturers
       TABLE 114 ITALY: AGRICULTURAL INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 115 ITALY: MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
       TABLE 116 ITALY: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 117 ITALY: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
           9.3.7 DENMARK
                    9.3.7.1 Investments by the government in organic farming to present growth prospects for agricultural inoculant manufacturers
       TABLE 118 DENMARK: AGRICULTURAL INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 119 DENMARK: MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
       TABLE 120 DENMARK: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 121 DENMARK: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
           9.3.8 REST OF EUROPE
                    9.3.8.1 Increase in sales of organic food products
       TABLE 122 REST OF EUROPE: MARKET SIZE, BY SUB-TYPE, 2016-2019 (USD MILLION)
       TABLE 123 REST OF EUROPE: MARKET SIZE, BY SUB-TYPE, 2020-2025 (USD MILLION)
       TABLE 124 REST OF EUROPE: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 125 REST OF EUROPE: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
    9.4 ASIA PACIFIC
 FIGURE 28 ASIA PACIFIC: MARKET SNAPSHOT
 TABLE 126 ASIA PACIFIC: MARKET SIZE, BY COUNTRY,  2016-2019 (USD MILLION)
 TABLE 127 ASIA PACIFIC: MARKET SIZE, BY COUNTRY,  2020-2025 (USD MILLION)
 TABLE 128 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2016-2019 (USD MILLION)
 TABLE 129 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2020-2025 (USD MILLION)
 TABLE 130 ASIA PACIFIC: SILAGE INOCULANTS MARKET SIZE, BY COUNTRY,  2016-2019 (USD MILLION)
 TABLE 131 ASIA PACIFIC: SILAGE INOCULANTS MARKET SIZE, BY COUNTRY,  2020-2025 (USD MILLION)
 TABLE 132 ASIA PACIFIC: INOCULANTS MARKET SIZE, BY TYPE,  2016-2019 (USD MILLION)
 TABLE 133 ASIA PACIFIC: MARKET SIZE, BY TYPE,  2020-2025 (USD MILLION)
 TABLE 134 ASIA PACIFIC: MARKET SIZE, BY SUBTYPE, 2016-2019 (USD MILLION)
 TABLE 135 ASIA PACIFIC: MARKET SIZE, BY SUBTYPE, 2020-2025 (USD MILLION)
 TABLE 136 ASIA PACIFIC: SILAGE INOCULANTS MARKET SIZE, BY SUBTYPE,  2016-2019 (USD MILLION)
 TABLE 137 ASIA PACIFIC: SILAGE INOCULANTS MARKET SIZE, BY SUBTYPE,  2020-2025 (USD MILLION)
 TABLE 138 ASIA PACIFIC: MARKET SIZE FOR INOCULANTS, BY CROP TYPE,  2016-2019 (USD MILLION)
 TABLE 139 ASIA PACIFIC: MARKET SIZE, BY CROP TYPE,  2020-2025 (USD MILLION)
 TABLE 140 ASIA PACIFIC: MARKET SIZE, BY SOURCE,  2016-2019 (USD MILLION)
 TABLE 141 ASIA PACIFIC: MARKET SIZE, BY MICROBE,  2020-2025 (USD MILLION)
           9.4.1 CHINA
                    9.4.1.1 Ranked 4th largest organic consumer country enabling high growth prospects for agricultural inoculant manufacturers in the years to come
       TABLE 142 CHINA: MARKET SIZE FOR INOCULANTS, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 143 CHINA: MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
       TABLE 144 CHINA: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 145 CHINA: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
           9.4.2 INDIA
                    9.4.2.1 The poultry industry holds high growth prospects for silage inoculant manufacturers in the coming years
       TABLE 146 INDIA: AGRICULTURAL INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 147 INDIA: MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
       TABLE 148 INDIA: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 149 INDIA: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
           9.4.3 JAPAN
                    9.4.3.1 Significant demand for both agricultural and silage inoculants, making it is the fastest-growing market
       TABLE 150 JAPAN: MARKET SIZE FOR INOCULANTS, BY SUB-TYPE,  2016-2019 (USD MILLION) 147
       TABLE 151 JAPAN: MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
       TABLE 152 JAPAN: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 153 JAPAN: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
           9.4.4 AUSTRALIA & NEW ZEALAND
                    9.4.4.1 The dairy industry in New Zealand and Australia's largest organic farming land are expected to increase demand for inoculants in the country
       TABLE 154 AUSTRALIA & NEW ZEALAND: MARKET SIZE FOR INOCULANTS,  BY SUB-TYPE, 2016-2019 (USD MILLION)
       TABLE 155 AUSTRALIA & NEW ZEALAND: MARKET SIZE,  BY SUB-TYPE, 2020-2025 (USD MILLION)
       TABLE 156 AUSTRALIA & NEW ZEALAND: SILAGE INOCULANTS MARKET SIZE,  BY SUB-TYPE, 2016-2019 (USD MILLION)
       TABLE 157 AUSTRALIA & NEW ZEALAND: SILAGE INOCULANTS MARKET SIZE,  BY SUB-TYPE, 2020-2025 (USD MILLION)
           9.4.5 INDONESIA
                    9.4.5.1 Large population base is expected to increase demand for meat, boosting demand for silage inoculants in the country
       TABLE 158 INDONESIA: MARKET SIZE FOR INOCULANTS, BY SUB-TYPE, 2016-2019 (USD MILLION)
       TABLE 159 INDONESIA: MARKET SIZE, BY SUB-TYPE, 2020-2025 (USD MILLION)
       TABLE 160 INDONESIA: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 161 INDONESIA: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
           9.4.6 REST OF ASIA PACIFIC
                    9.4.6.1 Still at a nascent stage in terms of adoption of inoculants
       TABLE 162 REST OF ASIA PACIFIC: MARKET SIZE FOR INOCULANTS,  BY SUB-TYPE, 2016-2019 (USD MILLION)
       TABLE 163 REST OF ASIA PACIFIC: MARKET SIZE,  BY SUB-TYPE, 2020-2025 (USD MILLION)
       TABLE 164 REST OF ASIA PACIFIC: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE, 2016-2019 (USD MILLION)
       TABLE 165 REST OF ASIA PACIFIC: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE, 2020-2025 (USD MILLION)
    9.5 SOUTH AMERICA
 FIGURE 29 SOUTH AMERICA: MARKET SNAPSHOT
 TABLE 166 SOUTH AMERICA: MARKET SIZE, BY COUNTRY,  2016-2019 (USD MILLION)
 TABLE 167 SOUTH AMERICA: MARKET SIZE, BY COUNTRY,  2020-2025 (USD MILLION)
 TABLE 168 SOUTH AMERICA: MARKET SIZE FOR INOCULANTS, BY COUNTRY, 2016-2019 (USD MILLION)
 TABLE 169 SOUTH AMERICA: MARKET SIZE, BY COUNTRY, 2020-2025 (USD MILLION)
 TABLE 170 SOUTH AMERICA: SILAGE INOCULANTS MARKET SIZE, BY COUNTRY,  2016-2019 (USD MILLION)
 TABLE 171 SOUTH AMERICA: SILAGE INOCULANTS MARKET SIZE, BY COUNTRY,  2020-2025 (USD MILLION)
 TABLE 172 SOUTH AMERICA: MARKET SIZE FOR INOCULANTS, BY TYPE,  2016-2019 (USD MILLION)
 TABLE 173 SOUTH AMERICA: MARKET SIZE, BY TYPE,  2020-2025 (USD MILLION)
 TABLE 174 SOUTH AMERICA: MARKET SIZE FOR INOCULANTS, BY SUB-TYPE, 2016-2019 (USD MILLION)
 TABLE 175 SOUTH AMERICA: MARKET SIZE, BY SUB-TYPE, 2020-2025 (USD MILLION)
 TABLE 176 SOUTH AMERICA: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
 TABLE 177 SOUTH AMERICA: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
 TABLE 178 SOUTH AMERICA: INOCULANTS MARKET SIZE, BY CROP TYPE,  2016-2019 (USD MILLION)
 TABLE 179 SOUTH AMERICA: MARKET SIZE, BY CROP TYPE,  2020-2025 (USD MILLION)
 TABLE 180 SOUTH AMERICA: MARKET SIZE, BY MICROBE,  2016-2019 (USD MILLION)
 TABLE 181 SOUTH AMERICA:  MARKET SIZE, BY MICROBE,  2020-2025 (USD MILLION)
           9.5.1 BRAZIL
                    9.5.1.1 The demand for organic food products has led to an increase in organic farming in the region
       TABLE 182 BRAZIL: MARKET SIZE FOR INOCULANTS, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 183 BRAZIL: MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
       TABLE 184 BRAZIL: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 185 BRAZIL: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
           9.5.2 ARGENTINA
                    9.5.2.1 Increase in demand for organic products fueling market growth in the country
       TABLE 186 ARGENTINA: MARKET SIZE FOR INOCULANTS, BY SUB-TYPE, 2016-2019 (USD MILLION)
       TABLE 187 ARGENTINA: MARKET SIZE, BY SUB-TYPE, 2020-2025 (USD MILLION)
       TABLE 188 ARGENTINA: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 189 ARGENTINA: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
           9.5.3 CHILE
                    9.5.3.1 Shift toward organic farming due to the increasing demand from consumers and exports propelling the market growth
       TABLE 190 CHILE: AGRICULTURAL INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 191 CHILE: MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
       TABLE 192 CHILE: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 193 CHILE: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
           9.5.4 REST OF SOUTH AMERICA
   TABLE 194 REST OF SOUTH AMERICA: MARKET SIZE FOR INOCULANTS,  BY SUB-TYPE, 2016-2019 (USD MILLION)
   TABLE 195 REST OF SOUTH AMERICA: AGRICULTURAL INOCULANTS MARKET SIZE,  BY SUB-TYPE, 2020-2025 (USD MILLION)
   TABLE 196 REST OF SOUTH AMERICA: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE, 2016-2019 (USD MILLION)
   TABLE 197 REST OF SOUTH AMERICA: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE, 2020-2025 (USD MILLION)
    9.6 REST OF THE WORLD (ROW)
 TABLE 198 ROW: INOCULANTS MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
 TABLE 199 ROW: MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
 TABLE 200 ROW: MARKET SIZE FOR INOCULANTS, BY REGION,  2016-2019 (USD MILLION)
 TABLE 201 ROW: MARKET SIZE, BY REGION,  2020-2025 (USD MILLION)
 TABLE 202 ROW: SILAGE INOCULANTS MARKET SIZE, BY REGION,  2016-2019 (USD MILLION)
 TABLE 203 ROW: SILAGE INOCULANTS MARKET SIZE, BY REGION,  2020-2025 (USD MILLION)
 TABLE 204 ROW: MARKET SIZE FOR INOCULANTS, BY TYPE, 2016-2019 (USD MILLION)
 TABLE 205 ROW: MARKET SIZE, BY TYPE, 2020-2025 (USD MILLION)
 TABLE 206 ROW: MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
 TABLE 207 ROW: MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
 TABLE 208 ROW: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
 TABLE 209 ROW: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
 TABLE 210 ROW: MARKET SIZE FOR INOCULANTS, BY CROP TYPE,  2016-2019 (USD MILLION)
 TABLE 211 ROW: AGRICULTURAL INOCULANTS MARKET SIZE, BY CROP TYPE,  2020-2025 (USD MILLION)
 TABLE 212 ROW: MARKET SIZE FOR INOCULANTS, BY MICROBE, 2016-2019 (USD MILLION)
 TABLE 213 ROW: MARKET SIZE, BY MICROBE, 2020-2025 (USD MILLION)
           9.6.1 MIDDLE EAST
                    9.6.1.1 Agriculture plays an important role in the economies of the Middle Eastern countries
       TABLE 214 MIDDLE EAST: AGRICULTURAL INOCULANTS MARKET SIZE, BY SUB-TYPE, 2016-2019 (USD MILLION)
       TABLE 215 MIDDLE EAST: MARKET SIZE, BY SUB-TYPE, 2020-2025 (USD MILLION)
       TABLE 216 MIDDLE EAST: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 217 MIDDLE EAST: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
           9.6.2 AFRICA
                    9.6.2.1 Companies such as AGCO Corporation (US), Thai Farm (Nigeria), and Karuturi Global Limited (India) have invested in Africa to gain benefits from the untapped market
       TABLE 218 AFRICA: AGRICULTURAL INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 219 AFRICA: MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)
       TABLE 220 AFRICA: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2016-2019 (USD MILLION)
       TABLE 221 AFRICA: SILAGE INOCULANTS MARKET SIZE, BY SUB-TYPE,  2020-2025 (USD MILLION)

10 COMPETITIVE LANDSCAPE
    10.1 OVERVIEW
    10.2 COMPETITIVE LEADERSHIP MAPPING (OVERALL MARKET)
           10.2.1 VISIONARY LEADERS
           10.2.2 INNOVATORS
           10.2.3 EMERGING COMPANIES
    FIGURE 30 INOCULANTS MARKET: COMPETITIVE LEADERSHIP MAPPING, S2018
    FIGURE 31 KEY DEVELOPMENTS OF THE LEADING PLAYERS IN THE  MARKET, 2014-2019
    10.3 RANKING OF KEY PLAYERS, 2018
  FIGURE 32 BASF LED THE INOCULANTS MARKET IN 2018
    10.4 COMPETITIVE SCENARIO
           10.4.1 NEW PRODUCT LAUNCHES
    TABLE 222 NEW PRODUCT LAUNCHES, 2014-2019
           10.4.2 EXPANSIONS
    TABLE 223 EXPANSIONS, 2014-2017
           10.4.3 ACQUISITIONS
    TABLE 224 ACQUISITIONS, 2014
           10.4.4 AGREEMENTS & COLLABORATIONS
    TABLE 225 AGREEMENTS & COLLABORATIONS, 2014-2018

11 COMPANY PROFILES
(Business overview, Products offered, Recent Developments, SWOT analysis, Right to win)* 
    11.1 CORTEVA
  FIGURE 33 CORTEVA: COMPANY SNAPSHOT
    11.2 BASF
  FIGURE 34 BASF: COMPANY SNAPSHOT
    11.3 BAYER
  FIGURE 35 BAYER: COMPANY SNAPSHOT
    11.4 NOVOZYMES
  FIGURE 36 NOVOZYMES: COMPANY SNAPSHOT
    11.5 VERDESIAN LIFE SCIENCES
    11.6 ADVANCED BIOLOGICAL MARKETING INC.
    11.7 BRETTYOUNG
    11.8 PRECISION LABORATORIES, LLC
    11.9 QUEENSLAND AGRICULTURAL SEEDS PTY. LTD.
    11.10 XITEBIO TECHNOLOGIES INC.
    11.11 CHR. HANSEN
    FIGURE 37 CHR. HANSEN: COMPANY SNAPSHOT
    11.12 LALLEMAND INC.
    11.13 KEMIN INDUSTRIES
    11.14 PROVITA SUPPLEMENTS GMBH
    11.15 CARGILL
   FIGURE 38 CARGILL: COMPANY SNAPSHOT
    11.16 ARCHER DANIELS MIDLAND COMPANY (ADM)
   FIGURE 39 ARCHER DANIELS MIDLAND COMPANY (ADM): COMPANY SNAPSHOT
    11.17 BIOMIN HOLDING GMBH
    11.18 TERRAMAX, INC.
    11.19 BIO-CAT MICROBIALS
    11.20 MBFI
 

 *Details on Business overview, Products offered, Recent Developments, SWOT analysis, Right to win might not be captured in case of unlisted companies. 
 
12 ADJACENT AND RELATED MARKETS
    12.1 INTRODUCTION
    12.2 LIMITATIONS
    12.3 PLANT GROWTH REGULATORS MARKET
    12.4 MARKET DEFINITION
    12.5 MARKET OVERVIEW
  FIGURE 40 PLANT GROWTH REGULATORS MARKET
           12.5.1 PLANT GROWTH REGULATORS MARKET, BY TYPE
    TABLE 226 PLANT GROWTH REGULATORS MARKET SIZE, BY TYPE,  2015-2022 (USD MILLION)
           12.5.2 PLANT GROWTH REGULATORS MARKET, BY REGION
    TABLE 227 PLANT GROWTH REGULATORS MARKET SIZE, BY REGION,  2015-2022 (USD MILLION)
                    12.5.2.1 North America
        TABLE 228 NORTH AMERICA: PLANT GROWTH REGULATORS MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
                    12.5.2.2 Europe
        TABLE 229 EUROPE: PLANT GROWTH REGULATORS MARKET SIZE, BY TYPE,  2015-2022 (USD MILLION)
                    12.5.2.3 Asia pacific
        TABLE 230 ASIA PACIFIC: PLANT GROWTH REGULATORS MARKET SIZE, BY TYPE,  2015-2022 (USD MILLION)
                    12.5.2.4 RoW
        TABLE 231 ROW: PLANT GROWTH REGULATORS MARKET SIZE, BY TYPE,  2015-2022 (USD MILLION)
    12.6 SILAGE INOCULANTS AND ENZYMES MARKET
           12.6.1 MARKET DEFINITION
           12.6.2 MARKET OVERVIEW
    FIGURE 41 SILAGE INOCULANTS AND ENZYMES MARKET
           12.6.3 SILAGE INOCULANTS & ENZYMES MARKET, BY TYPE
                    12.6.3.1 Introduction
        TABLE 232 SILAGE INOCULANTS MARKET SIZE, BY TYPE, 2013-2020 (USD MILLION)
           12.6.4 SILAGE INOCULANTS & ENZYMES MARKET, BY REGION
                    12.6.4.1 North America
        TABLE 233 NORTH AMERICA: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 2013-2020 (USD MILLION)
                    12.6.4.2 Europe
        TABLE 234 EUROPE: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE,  2013-2020 (USD MILLION)
                    12.6.4.3 Asia Pacific
        TABLE 235 ASIA PACIFIC: SILAGE INOCULANTS MARKET SIZE, BY TYPE,  2013-2020 (USD MILLION)
                    12.6.4.4 Latin America
        TABLE 236 LATIN AMERICA: SILAGE INOCULANTS & ENZYMES MARKET SIZE,  BY TYPE, 2013-2020 (USD MILLION)
                    12.6.4.5 RoW
        TABLE 237 ROW: SILAGE INOCULANTS MARKET SIZE, BY TYPE,  2013-2020 (USD MILLION)

13 APPENDIX
    13.1 DISCUSSION GUIDE
    13.2 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    13.3 AVAILABLE CUSTOMIZATIONS
    13.4 RELATED REPORTS
    13.5 AUTHOR DETAILS

The study involves four major activities to estimate the current market size for inoculants. Exhaustive secondary research was conducted to collect information on the market, peer market, and parent market. These findings, assumptions, and market size were validated with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet were referred to, to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, food safety organizations, regulatory bodies, trade directories, and databases.

Primary Research

The inoculants market comprises several stakeholders such as manufacturers of agricultural inoculants, manufacturers of silage inoculants, and suppliers of raw materials. The demand-side of this market is characterized by the rising demand from various end-use industries, such as automotive, aerospace & defense, electrical & electronics, industrial machinery, medical device, and construction. The supply-side is characterized by advancements in technology and diverse application industries. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

Following is the breakdown of the primary respondents:

Inoculants Market Size

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the inoculants market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following: 

  • The key players in the industry and markets were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value and volume, were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary respondents

Market Size: Bottom-Up Approach

Inoculants Market Size Bottom-Up Approach

Data Triangulation

After arriving at the overall market size—using the market size estimation processes, as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed. The data was triangulated by studying various factors and trends from both the demand and supply sides. 

Report Objectives

  • To define, segment, and project the global market size for the market
  • To understand the structure of the inoculants market by identifying its various subsegments
  • To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze the micro-markets, with respect to individual growth trends, future prospects, and their contribution to the total  market
  • To project the size of the market and its submarkets, in terms of value and volume, with respect to the regions (along with their respective key countries)
  • To profile the key players and comprehensively analyze their core competencies
  • To understand the competitive landscape and identify the major growth strategies adopted by the players across key regions
  • To analyze the competitive developments, such as expansions & investments, mergers & acquisitions, new product launches, partnerships, joint ventures, and agreements

1 Core competencies of companies include their key developments and strategies adopted by them to sustain their position in the market

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific scientific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Geographic Analysis

  • Further breakdown of the Rest of Europe market by country
  • Further breakdown of the Rest of Asia Pacific market by country
  • Further breakdown of the Rest of South America market by country
COVID-19

Get in-depth analysis of the COVID-19 impact on the Inoculants Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Inoculants Market

Request For Special Pricing
Report Code
AGI 2960
Published ON
Jul, 2020
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Inoculants Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2020 MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home