Agricultural Microbials Market

Agriculture Microbial Market Size & Share - Future Growth Prediction

The agricultural microbials market size is expected to generate a revenue of USD 12.6 billion by 2027 and is estimated to be valued at USD 6.4 billion in 2022, at a CAGR of 14.6% from 2022 to 2027.

Factors Driving the Agriculture Microbial Market Growth

Increasing Demand for Organic Farming:

  • There is a rising global demand for organic products, driven by consumer preferences for healthier and environmentally friendly food options. Microbials play a crucial role in organic farming by enhancing soil fertility and plant health without synthetic chemicals.

Sustainable Agricultural Practices:

  • The push towards sustainable agriculture to reduce environmental impact is promoting the use of agricultural microbials. These biological inputs help improve soil health, enhance nutrient uptake, and reduce the need for chemical fertilizers and pesticides.

Government Initiatives and Support:

  • Many governments worldwide are encouraging the adoption of biopesticides and biofertilizers through subsidies, incentives, and regulatory support, which is boosting the microbial market.

Advancements in Microbial Research and Technology:

  • Continuous advancements in microbiology, biotechnology, and genetic engineering have led to the development of more effective and targeted microbial products, improving their efficacy and reliability in various agricultural applications.

Growing Awareness of Soil Health:

  • Farmers are increasingly recognizing the importance of soil health for long-term agricultural productivity. Microbials contribute to soil health by enhancing soil structure, nutrient cycling, and suppressing soil-borne diseases.

Climate Change and Environmental Concerns:

  • Climate change and associated environmental concerns are driving the adoption of sustainable farming practices. Microbials help mitigate the effects of climate change by improving plant resilience to stress and reducing greenhouse gas emissions from agricultural activities.

Rising Global Population and Food Demand:

  • The growing global population is increasing the demand for food. Agricultural microbials help boost crop yields and quality, playing a critical role in meeting this demand sustainably.

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These factors collectively contribute to the robust growth and expansion of the agricultural microbial industry, reflecting a shift towards more sustainable and environmentally friendly agricultural practices.

Agriculture Microbial Market Share - Competitive Landscape

Agriculture microbial industry features numerous key players vying for market dominance. Among the forefront are top companies such as:

Marrone Bio Innovations (US)

Overview: Marrone Bio Innovations focuses on developing and marketing bio-based pest management and plant health products. They specialize in discovering and commercializing natural products derived from microorganisms, such as bacteria, fungi, and plants.

Role and Contributions:

  • Product Development: Marrone Bio Innovations offers a range of biopesticides and plant health products, including herbicides, fungicides, insecticides, and nematicides.
  • Innovation: The company is known for its commitment to research and development, using advanced screening and fermentation technologies to discover new microbial products.
  • Sustainability: By providing alternatives to synthetic chemicals, Marrone Bio Innovations promotes sustainable agriculture and helps reduce the environmental footprint of farming practices.

Corteva Agriscience (US)

Overview: Corteva Agriscience, a major player in the agricultural industry, focuses on seeds, crop protection, and digital agriculture solutions. It was formed through the merger of Dow AgroSciences and DuPont's agricultural division.

Role and Contributions:

  • Comprehensive Solutions: Corteva offers a wide range of microbial and synthetic products, providing integrated solutions for crop protection and plant health.
  • Research and Development: With significant investment in R&D, Corteva is at the forefront of developing innovative microbial products that enhance crop resilience and productivity.
  • Global Reach: Leveraging its extensive distribution network, Corteva makes advanced microbial technologies accessible to farmers worldwide.

Certis Biologicals (US)

Overview: Certis Biologicals is a leading manufacturer and distributor of biopesticides and other biological products for pest control. They focus on providing sustainable solutions to conventional chemical pesticides.

Role and Contributions:

  • Diverse Portfolio: Certis Biologicals offers a broad range of biopesticides, including insecticides, fungicides, and nematicides, derived from natural sources.
  • Expertise: With extensive expertise in fermentation and formulation technologies, Certis produces highly effective microbial products.
  • Market Leadership: As a pioneer in the biopesticides market, Certis plays a crucial role in setting industry standards and advancing the acceptance of biological solutions in mainstream agriculture.

FMC Corporation (US)

Overview: FMC Corporation is a global agricultural sciences company that provides innovative solutions for crop protection, plant health, and pest control. Their portfolio includes both synthetic and biological products.

Role and Contributions:

  • Product Range: FMC offers a range of microbial-based products, including biofungicides, bioinsecticides, and biostimulants, that enhance plant health and crop yields.
  • Innovation and Research: FMC invests heavily in research and development to create cutting-edge microbial technologies and integrated pest management solutions.
  • Sustainability Commitment: By incorporating microbial products into their portfolio, FMC supports sustainable agriculture practices and helps reduce reliance on chemical pesticides.

Related Reports:

Agricultural Microbials Market by Type, Function (Soil Amendment and Crop Protection), Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), Mode of Application, Formulation, and Region - Global Forecast to 2027

Agricultural Microbials Market Size,  Share & Growth Report
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