PUBLISHER: The Business Research Company | PRODUCT CODE: 1414319

PUBLISHER: The Business Research Company | PRODUCT CODE: 1414319

Inoculants Global Market Report 2024

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Description

“Inoculants Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on inoculants market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for inoculants? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The inoculants market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Agricultural Inoculants; Silage Inoculants
2) By Form: Dry; Liquid
3) By Microbe: Bacterial; Fungal; Other Microbes
4) By Crop Type: Cereals And Grains; Oilseeds And Pulses; Fruits And vegetables; Forage; Other Crop Types
Companies Mentioned: Corteva Inc.; BASF SE; Bayer AG; Novozymes A/S; Verdesian Life Sciences LLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Inoculants are live microorganisms that serve as biological stimulants or biocontrol substances, showcasing versatility in their various effects and processes in plants, including promoting beneficial effects on seed germination. They ensure that the legume's unique microbes are available to the plant after germination.

The main categories of inoculants include agricultural inoculants and silage inoculants. Silage inoculants consist of bacteria selected to dominate crop fermentation in the silo. Silage inoculants are classified into two groups based on their fermentation of glucose, a common plant sugar. These inoculants are available in various forms, including dry and liquid. The diverse microbes involved encompass bacteria, fungi, and other microorganisms. Inoculants are utilized across various crop types, including cereals and grains, oilseeds and pulses, fruits and vegetables, forage, and others.

The inoculants market research report is one of a series of new reports from The Business Research Company that provides inoculants market statistics, including inoculants industry global market size, regional shares, competitors with an inoculants market share, detailed inoculants market segments, market trends, and opportunities, and any further data you may need to thrive in the inoculants industry. This inoculants market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The inoculants market size has grown rapidly in recent years. It will grow from $1.16 billion in 2023 to $1.28 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The expansion observed in the historical period can be attributed to factors such as increased adoption of agricultural practices, heightened awareness and education in the agricultural sector, trends in crop rotation, environmental concerns influencing sustainable farming practices, and market competition.

The inoculants market size is expected to see strong growth in the next few years. It will grow to $1.8 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The anticipated growth in the forecast period can be attributed to the impact of climate change, sustainability initiatives by governments, investments in research and development, consumer demand for sustainable agriculture, and the adoption of precision agriculture practices. Key trends expected in the forecast period involve technological innovations, increased adoption of technology, crop-specific solutions, collaborations and partnerships within the industry, and a continued emphasis on sustainable agricultural practices.

The inoculants market is poised for growth, driven by the increasing demand for genetically modified plants. Genetically modified plants, altered through recombinant DNA technology, benefit from inoculants, enhancing productivity and sustainability. Microbial inoculants, as eco-friendly nutrient transporters, reduce chemical inputs and intensify farm product quality. According to the United States Department of Agriculture (USDA), in 2021, Canada witnessed a 7% increase in genetically modified crop planting to over 11.6 million hectares, with 95% of canola and 76% of soybeans being genetically modified. The growing need for genetically modified plants fuels the growth of the inoculants market.

The inoculants market is expected to thrive due to the increasing adoption of organic farming. Organic farming, employing biological pesticides and fertilizers, utilizes inoculants as crop growth regulators. Eurostat reports that the European Union (EU) experienced a rise in organic farming, covering 15.9 million hectares in 2021, up from 14.7 million in 2020. The surge in organic farming practices contributes to the growth of the inoculants market.

Major companies in the inoculants market are at the forefront of innovation, introducing mycorrhizal inoculant technology. This technology involves the application of beneficial fungi, mycorrhizal fungi, to plant roots, enhancing growth and health. Mycorrhizal Applications launched MycoApply EndoThrive in August 2021, a liquid formulation with multiple arbuscular mycorrhizal fungi species. This innovative product simplifies application by allowing tank mixing with liquid fertilizers, offering significant benefits for professional growers.

Product innovation is a prominent trend in the inoculants market, with companies such as Lavie Bio Ltd. focusing on developing groundbreaking solutions. In May 2022, Lavie Bio Ltd. introduced Bio-Inoculant Result, enhancing nutrient absorption efficiency for plant roots. This microbial inoculant not only boosts crop production and profitability but also promotes soil longevity and sustainability.

In April 2021, Verdesian Life Sciences strengthened its position in the inoculants market through the acquisition of Cytozyme Laboratories Inc., a manufacturer of crop growth-promoting products. This strategic move underscores Verdesian Life Sciences' commitment to nutrient utilization efficiency solutions, marking significant progress in this field.

Major companies operating in the inoculants market report are Corteva Inc., BASF SE, Bayer AG, Novozymes A/S, Verdesian Life Sciences LLC, BrettYoung seeds Limited, Queensland Agricultural Seeds, XiteBio Technologies Inc., Precision Laboratories LLC, Cargill Incorporated, Koninklijke DSM N.V., Kemin Industries Inc., Microbial Biological Fertilizers International (MBFi), Advanced Biological Marketing Inc., Archer Daniels Midland Company, Horticultural Alliance Inc., Syngenta AG, AquaBella Organics LLC, Dow Inc., Premier Tech, Bioceres Crop Solutions, Lesaffre, Lallemond Inc., Mapleton Agri Biotec Pty. Ltd., New Edge Microbials Pty. Ltd., T.Stanes & Company Limited, Bactolife A/S, Rhizobia Inoculants Inc., Symbionix Inc., TerraMax Inc.

North America was the largest region in the inoculants market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global inoculants market report during the forecast period. The regions covered in the inoculants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the inoculants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The inoculants market consists of sales of different types of inoculants, such as algae inoculants, freeze-dried inoculants, symbiotic inoculants, non-symbiotic inoculants, associative inoculants, etc. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r11829

1. Executive Summary

2. Inoculants Market Characteristics

3. Inoculants Market Trends And Strategies

4. Inoculants Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Inoculants Market Size and Growth

5.1. Global Inoculants Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Inoculants Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Inoculants Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Inoculants Market Segmentation

6.1. Global Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Agricultural Inoculants
Silage Inoculants
6.2. Global Inoculants Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Dry
Liquid
6.3. Global Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Bacterial
Fungal
Other Microbes
6.4. Global Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Cereals And Grains
Oilseeds And Pulses
Fruits And vegetables
Forage
Other Crop Types

7. Inoculants Market Regional And Country Analysis

7.1. Global Inoculants Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Inoculants Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Inoculants Market

8.1. Asia-Pacific Inoculants Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Inoculants Market

9.1. China Inoculants Market Overview
9.2. China Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Inoculants Market

10.1. India Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Inoculants Market

11.1. Japan Inoculants Market Overview
11.2. Japan Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Inoculants Market

12.1. Australia Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Inoculants Market

13.1. Indonesia Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Inoculants Market

14.1. South Korea Inoculants Market Overview
14.2. South Korea Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Inoculants Market

15.1. Western Europe Inoculants Market Overview
15.2. Western Europe Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Inoculants Market

16.1. UK Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Inoculants Market

17.1. Germany Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Inoculants Market

18.1. France Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Inoculants Market

19.1. Italy Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Inoculants Market

20.1. Spain Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Inoculants Market

21.1. Eastern Europe Inoculants Market Overview
21.2. Eastern Europe Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Inoculants Market

22.1. Russia Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Inoculants Market

23.1. North America Inoculants Market Overview
23.2. North America Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Inoculants Market

24.1. USA Inoculants Market Overview
24.2. USA Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Inoculants Market

25.1. Canada Inoculants Market Overview
25.2. Canada Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Inoculants Market

26.1. South America Inoculants Market Overview
26.2. South America Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Inoculants Market

27.1. Brazil Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Inoculants Market

28.1. Middle East Inoculants Market Overview
28.2. Middle East Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Inoculants Market

29.1. Africa Inoculants Market Overview
29.2. Africa Inoculants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Inoculants Market, Segmentation By Microbe, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Inoculants Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Inoculants Market Competitive Landscape And Company Profiles

30.1. Inoculants Market Competitive Landscape
30.2. Inoculants Market Company Profiles
- 30.2.1. Corteva Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. BASF SE
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Bayer AG
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Novozymes A/S
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Verdesian Life Sciences LLC
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Inoculants Market Competitive Benchmarking

32. Global Inoculants Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Inoculants Market

34. Inoculants Market Future Outlook and Potential Analysis

34.1 Inoculants Market In 2028 - Countries Offering Most New Opportunities
34.2 Inoculants Market In 2028 - Segments Offering Most New Opportunities
34.3 Inoculants Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer

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