Europe Agricultural Biologicals Market Databank
The Agricultural Biologicals market was valued at $7,190.0 Million in 2020, and is projected to reach $10,591.8 Million by 2029 growing at a CAGR of 4.44% from 2021 to 2029. Biostimulants segment is expected to be the highest contributor to this market, with $2,822.8 Million in 2020, and is anticipated to reach $4,178.0 Million by 2029, registering a CAGR of 4.49%. Biofertilizers segment is anticipated to reach $1,762.8 Million by 2029 with the highest CAGR of 4.54%. Biostimulants and Biopesticides segments collectively expected to account for about 69.4% share of the Agricultural Biologicals market in 2020, with the former constituting around 39.3% share. Biofertilizers and Biostimulants segments are expected to witness significant growth rates at a CAGR of 4.54% and 4.49% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 55.8% in the overall Agricultural Biologicals market in 2020, and is anticipated to reach 56.1% by 2029.
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