PUBLISHER: TechNavio | PRODUCT CODE: 1267521
PUBLISHER: TechNavio | PRODUCT CODE: 1267521
Technavio has been monitoring the agricultural biologicals market and is forecast to grow by USD 10,457.38 mn during 2022-2027, accelerating at a CAGR of 14.24% during the forecast period. Our report on the agricultural biologicals market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prices of chemical fertilizers and pesticides, increasing governmental support for the use of bio-based products in agriculture, and growing organic food products market.
Technavio's agricultural biologicals market is segmented as below:
By Type
By Application
By Geographical Landscape
This study identifies the increased awareness and product knowledge of biostimulants as one of the prime reasons driving the agricultural biologicals market growth during the next few years. Also, the advent of liquid biofertilizers and increasing product launches will lead to sizable demand in the market.
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading agricultural biologicals market vendors that include Agrinos AS, Andermatt Group AG, BASF SE, Bayer AG, Biological Products Industry Alliance, Evogene Ltd., Gowan Co., Koppert, Marrone Bio Innovations Inc., Mitsui and Co. Ltd., Novozymes AS, PI Industries Ltd., SEIPASA SA, SOM Phytopharma India Ltd., Syngenta Crop Protection AG, T.Stanes and Co. Ltd., UPL Ltd., Valent BioSciences LLC, Vegalab SA, and PROBELTE SAU. Also, the agricultural biologicals market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
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