Agricultural Microbial Market Report: Trends, Forecast and Competitive Analysis to 2030

Agricultural Microbial Market Trends and Forecast

The future of the global agricultural microbial market looks promising with opportunities in the foliar spray, soil treatment, and seed treatment markets. The global agricultural microbial market is expected to reach an estimated $17.0 billion by 2030 with a CAGR of 13.4% from 2024 to 2030. The major drivers for this market are rising demand and popularity of using biopesticides and biofertilizers, growing need for agricultural microbial market to improve plant disease prevention, nitrogen fixation, and growth of shoots and roots, as well as, increasing interest in organic farming as a way to lower the danger of contamination and greenhouse gas emissions.

A more than 150-page report is developed to help in your business decisions.

Agricultural Microbial Market by Segment

The study includes a forecast for the global agricultural microbial market by formulation, function, type, application, and region.

Agricultural Microbial Market by Formulation [Shipment Analysis by Value from 2018 to 2030]:

• Liquid
• Dry

Agricultural Microbial Market by Function [Shipment Analysis by Value from 2018 to 2030]:

• Soil Amendment
• Crop Protection

Agricultural Microbial Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Bacteria
• Fungi
• Protozoa
• Virus

Agricultural Microbial Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Foliar Spray
• Soil Treatment
• Seed Treatment
• Others

Agricultural Microbial Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Agricultural Microbial Market Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies agricultural microbial market companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the agricultural microbial market companies profiled in this report include-

• BASF
• Bayer
• Syngenta
• FMC
• UPL

Agricultural Microbial Market Insights

Lucintel forecast that bacteria is expected to witness highest growth over the forecast period because it is used in a variety of applications, including biofertilizers, biopesticides, and biostimulants, as well as, bacteria are important for plant growth and health, and they can help to improve soil quality and reduce the need for chemical fertilizers and pesticides.

North America is expected to witness highest growth over the forecast period due to strict laws governing chemical catalysts and rising interest in organic food in the region.

Features of the Global Agricultural Microbials

Market Size Estimates: Agricultural microbial market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Agricultural microbial market by various segments, such as by formulation, function, type, application and region in terms of($B).

Regional Analysis: Agricultural microbial market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different , formulation, function, type, application, and regions for the agricultural microbials.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the agricultural microbials.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the agricultural microbial market size?

Answer: The global agricultural microbial market is expected to reach an estimated $17.0 billion by 2030.

Q.2 What is the growth forecast for agricultural microbials?

Answer: The global agricultural microbial market is expected to grow with a CAGR of 13.4% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the agricultural microbials?

Answer: The major drivers for this market are rising demand and popularity of using biopesticides and biofertilizers, growing need for agricultural microbial market to improve plant disease prevention, nitrogen fixation, and growth of shoots and roots, as well as, increasing interest in organic farming as a way to lower the danger of contamination and greenhouse gas emissions.

Q4. What are the major segments for agricultural microbials?

Answer: The future of the global agricultural microbial market looks promising with opportunities in the foliar spray, soil treatment, and seed treatment markets.

Q5. Who are the key agricultural microbial market companies?

Answer: Some of the key agricultural microbial market companies are as follows.

• BASF
• Bayer
• Syngenta
• FMC
• UPl

Q6. Which agricultural microbial market segment will be the largest in future?

Answer: Lucintel forecast that bacteria is expected to witness highest growth over the forecast period because it is used in a variety of applications, including biofertilizers, biopesticides, and biostimulants, as well as, bacteria are important for plant growth and health, and they can help to improve soil quality and reduce the need for chemical fertilizers and pesticides.

Q7. In agricultural microbials, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to strict laws governing chemical catalysts and rising interest in organic food in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the agricultural microbial market by formulation (liquid and dry), function (soil amendment and crop protection), type (bacteria, fungi, protozoa, and virus), application (foliar spray, soil treatment, seed treatment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?