Global Agricultural Inoculant Market Growth 2023-2029

Global Agricultural Inoculant Market Growth 2023-2029

Agricultural inoculants are formulations containing one or more beneficial microorganism strains, (or species) which help in plant growth and development, directly or indirectly. These microorganisms consume several elements from soil as food sources and excrete these into more available materials for plants.

LPI (LP Information)' newest research report, the “Agricultural Inoculant Industry Forecast” looks at past sales and reviews total world Agricultural Inoculant sales in 2022, providing a comprehensive analysis by region and market sector of projected Agricultural Inoculant sales for 2023 through 2029. With Agricultural Inoculant sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Agricultural Inoculant industry.

This Insight Report provides a comprehensive analysis of the global Agricultural Inoculant landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Agricultural Inoculant portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Agricultural Inoculant market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Agricultural Inoculant and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Agricultural Inoculant.

The global Agricultural Inoculant market size is projected to grow from US$ 4776.2 million in 2022 to US$ 5208.3 million in 2029; it is expected to grow at a CAGR of 5208.3 from 2023 to 2029.

North America is the largest Agricultural Inoculants market with about 38% market share. South America is follower, accounting for about 33% market share.

The key players are Novozymes A/S, BASF, DowDuPont, Advanced Biological Marketing, Verdesian Life Sciences, Brettyoung, Bayer Cropscience, BioSoja, Rizobacter, KALO, Loveland Products, Mycorrhizal, Premier Tech, Leading Bio-agricultural, Xitebio Technologies, Agnition, Horticultural Alliance, New Edge Microbials, Legume Technology, Syngenta, AMMS, Alosca Technologies, Groundwork BioAg, Zhongnong Fuyuan etc. Top 3 companies occupied about 50% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Agricultural Inoculant market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Active Bacteria ≥ 5×108cfu/ml
Active Bacteria ≥ 2×108cfu/g

Segmentation by application
Soybean
Cereals
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF
Novozymes
Dupont
BAYER
Verdesian Life Sciences
Stoller
BioSoja
Calister S. A
Leading Bio-Agri
ABM
Alosca Technologies
Microquimica
KALO
Hua Long Technical
Syngenta
Rizobacter
Mycorrhizal
Groundwork BioAg

Key Questions Addressed in this Report

What is the 10-year outlook for the global Agricultural Inoculant market?

What factors are driving Agricultural Inoculant market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Agricultural Inoculant market opportunities vary by end market size?

How does Agricultural Inoculant break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.