Agricultural Biologicals Market Report, By Type (Biopesticides, Biofertilizers, Bio Stimulants), Crop Source (Microbials, Biochemicals), Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), Mode of Application (Foliar Sprays, Soil Treatment, Seed treatment) and Geography- Global Market Share, Trend Analysis & Forecast

Agricultural biologicals are valuable crop production and protection products that are obtained from natural materials, contain them, or use naturally-occurring processes. They use nature’s own emplacements to aid protection plants against pests. Agricultural biologicals are a vital part to boost variety in latest agricultural methods by delivering a wide range of solutions to support farmers. Biological agriculture is an inexpensive, viable agricultural production process, which supports the utilize of harmless products for crop treatment. This is achieved by decreasing ecologically harmful effects and using non-renewable natural resources.

Market Dynamics- Global Agricultural Biologicals Market

Increased demands for organic food products, enhanced productivity and yield, increased costs of pesticides and fertilizers and upsurge in global population are some of the aspects likely to drive the market over the forecast period. Moreover, rising health concerns also is likely the surge the demand for organic food products, subsequently resulting in the growth of the global agricultural biologicals market. However, lack of awareness and low adoption rate of biopesticides together with short shelf life of biopesticides is expected to hamper the market growth to some extent. 

Major developments:

• April 2020: Syngenta, a leading agricultural company, and Novozymes, together announced that they are entering the commercialization phase of TAEGRO. This collaboration matches Syngenta’s global market strength in biocontrol and dedication to bring novel technologies to market with Novozymes’ deep knowledge of sustainable, biological solutions 
• June 2019: Bayer and AlphaBio Control signed an agreement to market Flipper, an innovative biological pest control product developed by AlphaBio.

Agricultural Biologicals Market- Segmental Overview

The study analyses Global Agricultural Biologicals market based on type, source, application, mode of application and geography. 

• Major agricultural biologicals include biopesticides, biofertilizers and bio-stimulants. Biopesticides segment is likely to hold majority of the market share owing to increasing demand for biopesticides as a substitute for hazardous chemical pesticides used traditionally.  
• By source, the market is segmented into microbials, biochemicals and others. Wide range of microbial application to reduce the use of synthetic fertilizers is likely to drive the market at a fastest rate.
• Various mode of application include foliar sprays, soil treatment and seed treatment. Foliar sprays segment is projected to dominate the market as they are a perfect solution for crop protection.
• The market finds application in cereals & grains, oilseeds & pulses, fruits & vegetables and others. Increased production of cereals & grains owing to ever growing population is likely to credit the growth of cereals & grain segment 

Global Agricultural Biologicals Market-Regional Outlook

The market is studied for the key countries of North America, Europe, Asia Pacific and Rest of the World. North America and Europe are together likely to hold 60% of the global market share. Strict guidelines over the use of synthetic crop protection products in North America is likely to develop the market growth in the region. The European market is principally driven by aspects such as improved quality outcomes, advanced yield and productivity, growing demand for organic products, and implementation of latest technology for agriculture. The market in Asia Pacific is likely to witness substantial growth during the forecast period, owing to needs of the growing population and government initiatives to promote better environment. 

Global Agricultural Biologicals Market-Key Players

The major players of the Agricultural Biologicals Market are Bayer AG, Syngenta, Monsanto, BASF SE, DuPont, Marrone Bio Innovations, Arysta LifeScience Corporation, Certis USA LLC, Koppert B.V., Valagro, Biolchim SPA, Valent BioSciences LLC. and among other.