PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1438155
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1438155
Agriculture Microbial Market Forecasts to 2030 - Global Analysis By Type (Bacteria, Fungi, Viruses and Protozoa), By Crop Type (Cereals & Grains, Fruits & Vegetables and Other Crop Types), Function, Formulation, Application and By Geography
According to Stratistics MRC, the Global Agriculture Microbial Market is accounted for $7.1 billion in 2023 and is expected to reach $21.1 billion by 2030 growing at a CAGR of 16.7% during the forecast period. Agricultural microbes refer to beneficial microorganisms, such as bacteria, fungi and algae, applied in agriculture to enhance soil fertility, plant health and overall crop yield. These microbes contribute to sustainable farming practices by promoting nutrient cycling, suppressing pathogens and improving plant resilience. Utilizing agricultural microbes is a key strategy for environmentally friendly and efficient agricultural production.
According to the Environmental Working Group, 2020, American consumers spent a total of USD 20.4 billion on organic fruits and vegetables, fresh and frozen combined, in 2020, making organic produce now 15% of all fruits and vegetables sold in the U.S.
Market Dynamics:
Driver:
Rising demand for organic farming
The rising demand for organic farming serves as a key driver in the agriculture microbial market. Consumers' increasing preference for organic produce, driven by health and environmental concerns, has stimulated farmers to adopt sustainable and chemical-free agricultural practices. Agricultural microbes play a vital role in organic farming by promoting soil health, enhancing nutrient availability, and managing pests naturally. The growing awareness of the benefits of organic farming is propelling the demand for microbial solutions, driving market growth in response to consumer preferences.
Restraint:
High research and development costs
Developing and commercializing effective microbial solutions requires substantial investments in research, testing, and regulatory compliance. These costs, coupled with the uncertainty of successful product development, can hinder the entry of new players and limit the affordability of microbial technologies for farmers.
Opportunity:
Government initiatives and support programs
The increasing awareness of sustainable farming practices has led governments to encourage the adoption of agricultural microbes through subsidies, research funding, and educational campaigns. Such initiatives not only promote eco-friendly farming but also incentivize farmers to integrate microbial solutions for improved soil health and crop yield. Government support plays a pivotal role in creating a conducive environment for the widespread adoption of microbial technologies in agriculture, fostering a sustainable and resilient agricultural sector.
Threat:
Lack of farmer awareness and adoption
The lack of farmer awareness and adoption poses a significant threat to the agriculture microbial market. Despite the proven benefits of microbial solutions in enhancing soil health, crop productivity, and sustainability, many farmers may lack awareness of these technologies. Limited knowledge about the advantages and proper application of agricultural microbes, coupled with traditional farming practices, hinders widespread adoption.
Covid-19 Impact:
The COVID-19 pandemic initially impacted the Agriculture Microbial market due to disruptions in the supply chain and logistical challenges. However, as the agriculture sector adapted to the new normal, there has been a renewed focus on sustainable and resilient farming practices, boosting the demand for microbial solutions. The pandemic has highlighted the importance of food security and sustainable agriculture, driving increased awareness and adoption of agriculture microbial products for enhanced crop yield and resilience.
The crop protection segment is expected to be the largest during the forecast period
The crop protection segment is anticipated to be the largest in the agriculture microbial market during the forecast period due to growing concerns about chemical pesticide usage. Farmers are increasingly adopting microbial-based crop protection solutions as eco-friendly alternatives. These solutions offer effective pest and disease management, promoting sustainable agriculture. Additionally, stringent regulations on chemical pesticide use and the rising demand for organic produce further drive the prominence of microbial-based crop protection methods, fueling the segment's growth.
The fruits & vegetables segment is expected to have the highest CAGR during the forecast period
The fruits and vegetables segment is projected to witness the highest growth in the agriculture microbial market during the forecast period. This growth is attributed to the increasing consumer demand for safe and residue-free produce. Farmers are adopting microbial solutions for fruits and vegetables to enhance crop quality and yield while reducing reliance on chemical inputs. Moreover, microbial-based products contribute to sustainable farming practices, aligning with the rising preference for organic and healthier food options.
Region with largest share:
North America is poised to dominate the agriculture microbial market due to a strong emphasis on sustainable agriculture, advancements in microbial technology, and a growing awareness of environmental conservation. The region's well-established agricultural infrastructure, coupled with supportive government policies and investments in research and development, positions it as a key player in adopting microbial solutions. Furthermore, increasing demand for organic products and a focus on reducing chemical inputs further contribute to the significant market growth in North America.
Region with highest CAGR:
The Asia Pacific region foresees rapid growth in the agriculture microbial market due to increasing awareness of sustainable farming practices, rising demand for high-quality crops, and a shift towards eco-friendly agriculture. Government initiatives promoting organic farming, coupled with a focus on reducing chemical inputs, are driving the adoption of agricultural microbes. The region's diverse agro-climatic conditions further encourage the use of microbial solutions to enhance soil health, crop productivity, and overall agricultural sustainability.
Key players in the market
Some of the key players in agriculture microbial market include BASF SE, Bayer CropScience, BIO-CAT Microbials, BioConsortia, BioWorks Inc., Certis USA, Chr. Hansen Holding A/S, Corteva Agriscience, Isagro S.p.A., Koppert Biological Systems, Lallemand Inc., Marrone Bio Innovations, Inc., Mosaic Company, Mycorrhizal Applications, Novozymes A/S, Rizobacter, Sumitomo Chemical Co., Ltd., Syngenta AG, Valent BioSciences Corporation and Verdesian Life Sciences.
Key Developments:
In September 2022, Corteva Agriscience agreed to acquire Symborg Inc., and this move will strengthen Symborg's global presence with a strong distribution network.
In April 2022, Bayer CropScience signed an agreement with Ginkgo Bioworks wherein Ginkgo Bioworks would acquire Bayer's West Sacramento Biologics Research & Development site and internal discovery and lead optimization platform. This agreement is likely to accelerate the expansion of Bayer's diversified portfolio of high-quality microbial-based solutions for growers worldwide.
In March 2022, The Mosaic Company and BioConsortia, Inc. signed a new agreement to develop and distribute nitrogen-fixing microbial products for rice, corn, wheat, fruit and vegetables in India, China, Vietnam, and Thailand.
Types Covered:
- Bacteria
- Fungi
- Viruses
- Protozoa
Crop Types Covered:
- Cereals & Grains
- Fruits & Vegetables
- Oilseeds & Pulses
- Other Crop Types
Functions Covered:
- Crop Protection
- Crop Enhancement
- Soil Health Improvement
- Other Functions
Formulations Covered:
- Liquid
- Dry
Applications Covered:
- Composting
- Livestock Feed Additives
- Bioremediation
- Other Applications
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Agriculture Microbial Market, By Type
- 5.1 Introduction
- 5.2 Bacteria
- 5.2.1 Biocontrol Bacteria (Bacillus)
- 5.2.2 Nitrogen-fixing Bacteria
- 5.2.3 Phosphate-solubilizing Bacteria
- 5.2.4 Plant Growth-promoting Bacteria
- 5.3 Fungi
- 5.3.1 Entomopathogenic Fungi
- 5.3.2 Mycorrhizal Fungi
- 5.3.3 Trichoderma
- 5.3.4 Yeast
- 5.4 Viruses
- 5.5 Protozoa
6 Global Agriculture Microbial Market, By Crop Type
- 6.1 Introduction
- 6.2 Cereals & Grains
- 6.2.1 Corn
- 6.2.2 Wheat
- 6.2.3 Rice
- 6.2.4 Other Cereals and Grains
- 6.3 Fruits & Vegetables
- 6.3.1 Pome Fruits
- 6.3.2 Citrus Fruits
- 6.3.3 Berries
- 6.3.4 Root and Tuber Vegetables
- 6.3.5 Leafy Vegetables
- 6.3.6 Other Fruits and vegetables
- 6.4 Oilseeds & Pulses
- 6.4.1 Soybean
- 6.4.2 Sunflower
- 6.4.3 Other Oilseeds and Pulses
- 6.5 Other Crop Types
7 Global Agriculture Microbial Market, By Function
- 7.1 Introduction
- 7.2 Crop Protection
- 7.2.1 Disease Suppression
- 7.2.2 Pest Control
- 7.2.3 Stress Tolerance
- 7.3 Crop Enhancement
- 7.3.1 Plant Growth Promotion
- 7.3.2 Nutrient Uptake Enhancement
- 7.3.3 Yield Increase
- 7.4 Soil Health Improvement
- 7.4.1 Organic Matter Decomposition
- 7.4.2 Nutrient Cycling
- 7.4.3 Soil Fertility Enhancement
- 7.5 Other Functions
8 Global Agriculture Microbial Market, By Formulation
- 8.1 Introduction
- 8.2 Liquid
- 8.2.1 Emulsifiable Concentrates
- 8.2.2 Soluble Liquid Flowables
- 8.2.3 Suspension concentrates
- 8.3 Dry
- 8.3.1 Powdered Inoculants
- 8.3.2 Water Dispersible Granules
- 8.3.3 Wettable Powder
9 Global Agriculture Microbial Market, By Application
- 9.1 Introduction
- 9.2 Composting
- 9.3 Livestock Feed Additives
- 9.4 Bioremediation
- 9.5 Other Applications
- 9.5.1 Post-Harvest Treatment
- 9.5.2 Wastewater Treatment
10 Global Agriculture Microbial Market, By Geography
- 10.1 Introduction
- 10.2 North America
- 10.2.1 US
- 10.2.2 Canada
- 10.2.3 Mexico
- 10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 Italy
- 10.3.4 France
- 10.3.5 Spain
- 10.3.6 Rest of Europe
- 10.4 Asia Pacific
- 10.4.1 Japan
- 10.4.2 China
- 10.4.3 India
- 10.4.4 Australia
- 10.4.5 New Zealand
- 10.4.6 South Korea
- 10.4.7 Rest of Asia Pacific
- 10.5 South America
- 10.5.1 Argentina
- 10.5.2 Brazil
- 10.5.3 Chile
- 10.5.4 Rest of South America
- 10.6 Middle East & Africa
- 10.6.1 Saudi Arabia
- 10.6.2 UAE
- 10.6.3 Qatar
- 10.6.4 South Africa
- 10.6.5 Rest of Middle East & Africa
11 Key Developments
- 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 11.2 Acquisitions & Mergers
- 11.3 New Product Launch
- 11.4 Expansions
- 11.5 Other Key Strategies
12 Company Profiling
- 12.1 BASF SE
- 12.2 Bayer CropScience
- 12.3 BIO-CAT Microbials
- 12.4 BioConsortia
- 12.5 BioWorks Inc.
- 12.6 Certis USA
- 12.7 Chr. Hansen Holding A/S
- 12.8 Corteva Agriscience
- 12.9 Isagro S.p.A.
- 12.10 Koppert Biological Systems
- 12.11 Lallemand Inc.
- 12.12 Marrone Bio Innovations, Inc.
- 12.13 Mosaic Company
- 12.14 Mycorrhizal Applications
- 12.15 Novozymes A/S
- 12.16 Rizobacter
- 12.17 Sumitomo Chemical Co., Ltd.
- 12.18 Syngenta AG
- 12.19 Valent BioSciences Corporation
- 12.20 Verdesian Life Sciences
List of Tables
- Table 1 Global Agriculture Microbial Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Agriculture Microbial Market Outlook, By Type (2021-2030) ($MN)
- Table 3 Global Agriculture Microbial Market Outlook, By Bacteria (2021-2030) ($MN)
- Table 4 Global Agriculture Microbial Market Outlook, By Biocontrol Bacteria (Bacillus) (2021-2030) ($MN)
- Table 5 Global Agriculture Microbial Market Outlook, By Nitrogen-fixing Bacteria (2021-2030) ($MN)
- Table 6 Global Agriculture Microbial Market Outlook, By Phosphate-solubilizing Bacteria (2021-2030) ($MN)
- Table 7 Global Agriculture Microbial Market Outlook, By Plant Growth-promoting Bacteria (2021-2030) ($MN)
- Table 8 Global Agriculture Microbial Market Outlook, By Fungi (2021-2030) ($MN)
- Table 9 Global Agriculture Microbial Market Outlook, By Entomopathogenic Fungi (2021-2030) ($MN)
- Table 10 Global Agriculture Microbial Market Outlook, By Mycorrhizal Fungi (2021-2030) ($MN)
- Table 11 Global Agriculture Microbial Market Outlook, By Trichoderma (2021-2030) ($MN)
- Table 12 Global Agriculture Microbial Market Outlook, By Yeast (2021-2030) ($MN)
- Table 13 Global Agriculture Microbial Market Outlook, By Viruses (2021-2030) ($MN)
- Table 14 Global Agriculture Microbial Market Outlook, By Protozoa (2021-2030) ($MN)
- Table 15 Global Agriculture Microbial Market Outlook, By Crop Type (2021-2030) ($MN)
- Table 16 Global Agriculture Microbial Market Outlook, By Cereals & Grains (2021-2030) ($MN)
- Table 17 Global Agriculture Microbial Market Outlook, By Corn (2021-2030) ($MN)
- Table 18 Global Agriculture Microbial Market Outlook, By Wheat (2021-2030) ($MN)
- Table 19 Global Agriculture Microbial Market Outlook, By Rice (2021-2030) ($MN)
- Table 20 Global Agriculture Microbial Market Outlook, By Other Cereals and Grains (2021-2030) ($MN)
- Table 21 Global Agriculture Microbial Market Outlook, By Fruits & Vegetables (2021-2030) ($MN)
- Table 22 Global Agriculture Microbial Market Outlook, By Pome Fruits (2021-2030) ($MN)
- Table 23 Global Agriculture Microbial Market Outlook, By Citrus Fruits (2021-2030) ($MN)
- Table 24 Global Agriculture Microbial Market Outlook, By Berries (2021-2030) ($MN)
- Table 25 Global Agriculture Microbial Market Outlook, By Root and Tuber Vegetables (2021-2030) ($MN)
- Table 26 Global Agriculture Microbial Market Outlook, By Leafy Vegetables (2021-2030) ($MN)
- Table 27 Global Agriculture Microbial Market Outlook, By Other Fruits and vegetables (2021-2030) ($MN)
- Table 28 Global Agriculture Microbial Market Outlook, By Oilseeds & Pulses (2021-2030) ($MN)
- Table 29 Global Agriculture Microbial Market Outlook, By Soybean (2021-2030) ($MN)
- Table 30 Global Agriculture Microbial Market Outlook, By Sunflower (2021-2030) ($MN)
- Table 31 Global Agriculture Microbial Market Outlook, By Other Oilseeds and Pulses (2021-2030) ($MN)
- Table 32 Global Agriculture Microbial Market Outlook, By Other Crop Types (2021-2030) ($MN)
- Table 33 Global Agriculture Microbial Market Outlook, By Function (2021-2030) ($MN)
- Table 34 Global Agriculture Microbial Market Outlook, By Crop Protection (2021-2030) ($MN)
- Table 35 Global Agriculture Microbial Market Outlook, By Disease Suppression (2021-2030) ($MN)
- Table 36 Global Agriculture Microbial Market Outlook, By Pest Control (2021-2030) ($MN)
- Table 37 Global Agriculture Microbial Market Outlook, By Stress Tolerance (2021-2030) ($MN)
- Table 38 Global Agriculture Microbial Market Outlook, By Crop Enhancement (2021-2030) ($MN)
- Table 39 Global Agriculture Microbial Market Outlook, By Plant Growth Promotion (2021-2030) ($MN)
- Table 40 Global Agriculture Microbial Market Outlook, By Nutrient Uptake Enhancement (2021-2030) ($MN)
- Table 41 Global Agriculture Microbial Market Outlook, By Yield Increase (2021-2030) ($MN)
- Table 42 Global Agriculture Microbial Market Outlook, By Soil Health Improvement (2021-2030) ($MN)
- Table 43 Global Agriculture Microbial Market Outlook, By Organic Matter Decomposition (2021-2030) ($MN)
- Table 44 Global Agriculture Microbial Market Outlook, By Nutrient Cycling (2021-2030) ($MN)
- Table 45 Global Agriculture Microbial Market Outlook, By Soil Fertility Enhancement (2021-2030) ($MN)
- Table 46 Global Agriculture Microbial Market Outlook, By Other Functions (2021-2030) ($MN)
- Table 47 Global Agriculture Microbial Market Outlook, By Formulation (2021-2030) ($MN)
- Table 48 Global Agriculture Microbial Market Outlook, By Liquid (2021-2030) ($MN)
- Table 49 Global Agriculture Microbial Market Outlook, By Emulsifiable Concentrates (2021-2030) ($MN)
- Table 50 Global Agriculture Microbial Market Outlook, By Soluble Liquid Flowables (2021-2030) ($MN)
- Table 51 Global Agriculture Microbial Market Outlook, By Suspension concentrates (2021-2030) ($MN)
- Table 52 Global Agriculture Microbial Market Outlook, By Dry (2021-2030) ($MN)
- Table 53 Global Agriculture Microbial Market Outlook, By Powdered Inoculants (2021-2030) ($MN)
- Table 54 Global Agriculture Microbial Market Outlook, By Water Dispersible Granules (2021-2030) ($MN)
- Table 55 Global Agriculture Microbial Market Outlook, By Wettable Powder (2021-2030) ($MN)
- Table 56 Global Agriculture Microbial Market Outlook, By Application (2021-2030) ($MN)
- Table 57 Global Agriculture Microbial Market Outlook, By Composting (2021-2030) ($MN)
- Table 58 Global Agriculture Microbial Market Outlook, By Livestock Feed Additives (2021-2030) ($MN)
- Table 59 Global Agriculture Microbial Market Outlook, By Bioremediation (2021-2030) ($MN)
- Table 60 Global Agriculture Microbial Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 61 Global Agriculture Microbial Market Outlook, By Post-Harvest Treatment (2021-2030) ($MN)
- Table 62 Global Agriculture Microbial Market Outlook, By Wastewater Treatment (2021-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
