A Agriculture Biologicals Market Forecasts to 2030 – Global Analysis By Product Type (Macrobials, Natural Products, Microbial and Other Product Types), Crop Type (Oilseeds & Pulses, Fruits & Vegetables, Cereals & Grains and Other Crop Types), Formulation

Agriculture Biologicals Market Forecasts to 2030 – Global Analysis By Product Type (Macrobials, Natural Products, Microbial and Other Product Types), Crop Type (Oilseeds & Pulses, Fruits & Vegetables, Cereals & Grains and Other Crop Types), Formulation, Application and by Geography

According to Stratistics MRC, the Global Agriculture Biologicals Market is accounted for $14.51 billion in 2023 and is expected to reach $43.54 billion by 2030 growing at a CAGR of 17.0% during the forecast period. Plant protection agents known as agricultural biologicals are made from organic materials such as bacteria, insects, and plant or animal extracts. They are sprayed on the soil to protect plants against weeds, pests, and diseases, as well as to increase nutrient uptake and yield. They help to manage residue and resistance, restore mineral and microbiological balance, and raise the soil's carbon content and water holding capacity.

According to the U.S. Department of Agriculture (USDA), the overall agri-exports of the country in the initial seven months of 2020 witnessed a decline of 3.5% compared to 2019.

Market Dynamics

Driver

Government support and increase in awareness

The use of biologicals in agriculture is encouraged by an increasing awareness of the harm that synthetic plant protection chemicals do to the environment. The improper use of synthetic fertilizers and other inorganic agricultural inputs has increased the amount of greenhouse gases (GHGs) released, including nitrous oxide (N2O), carbon dioxide (CO2), and methane (CH4). This has significantly pushed farmers and growers to switch to bio-based agricultural inputs. Furthermore, the use of biologicals in agriculture is being encouraged by governments around the world through policies and initiatives, which is assisting in the market's expansion.

Restraint

High cost

Agricultural biologicals are frequently more expensive than chemical pesticides because of things like greater production costs, restricted scalability, and less intense market rivalry. These elements play a part in why biological products have relatively higher prices. Compared to the mass production techniques utilized for chemical pesticides, the manufacture of agricultural biologicals frequently necessitates more complex and specialized procedures that might be more expensive. Additionally, because biological products may not be produced or disseminated in as large numbers as chemical pesticides due to their restricted scalability, they may be more expensive.

Opportunity

Development of Integrated Pest Management

The term ""Integrated Pest Management"" (IPM) is becoming well known as a comprehensive strategy that includes several pest control tactics, including biological control techniques. Agricultural biologicals are essential in IPM because they encourage environmentally friendly pest control methods and lessen the need for chemical pesticides. The use of agricultural biologicals in various cropping systems presents enormous prospects as IPM approaches continue to spread throughout the world. Farmers can efficiently manage pests while reducing adverse effects on the environment and human health by integrating biological control agents into IPM systems, such as beneficial insects, microbial-based products, and plant extracts.

Threat

Difficulty in achieving efficacy for agricultural biologicals

Agricultural biologicals face a huge problem in achieving consistent and dependable performance over a wide range of pests, crops, and environmental circumstances. Due to intricate interactions impacted by variables including temperature, humidity, and the population dynamics of the target pests, biological products frequently demonstrate varied efficacy. Manufacturers and researchers continue to face difficulties in ensuring that agricultural biologicals consistently provide the necessary level of pest control and crop protection. The industry's top objective is to create biological solutions that are consistently successful and dependable in a variety of situations.

Covid-19 Impact

The abrupt COVID-19 pandemic breakout has had an impact on the world economy as government’s implemented lockdowns and restricted public movement. All industrial sectors suffered greatly since their operations were suspended, international travel ceased, and only absolutely necessary enterprises, like those producing food and medicine, were allowed to continue operating. Sales of agricultural biologicals were limited by the pandemic's rapid and severe impact on the world economy, particularly the agriculture and food sectors.

The biopesticides segment is expected to be the largest during the forecast period

The development of pest-resistant products for crops to increase crop output and quality is believed to have contributed to the biggest market share for agricultural biologicals worldwide, which was dominated by biopesticides. Furthermore, global demand for pesticides is rising as organic farming spreads and the market for organic products expands. The increasing interest of agriculture industry stakeholders in pest management and the adoption of a safer method to control insect populations are two of the key factors driving the growth of the market.

The microbial segment is expected to have the highest CAGR during the forecast period

In addition to the growing usage of microbes by farmers is to manage a number of key agricultural issues, such as plant protection, preserving the soil's health, and raising crop yield, the microbial segment is predicted to have profitable growth during the projected period. Growing research on different bacteria that have the potential to play crucial roles in crop protection is also anticipated to propel growth and demand for microbials for the manufacturing of agricultural biologicals during the forecast period.

Region with largest share

North America commanded the largest market share during the extrapolated period owing to due to stringent usage restrictions on numerous synthetic crop protection agents, which pose a serious risk to both human health and the environment, the need for biological crop production and crop protection solutions is rapidly increasing. Additionally, the natural resources needed for agricultural production will diminish further as the world's population increases and the demand for food increases. The special natural resources of Canada, which rank second globally in terms of arable land per person and contain 5% of the world's renewable water resources.

Region with highest CAGR

Over the forecast period, Asia Pacific is anticipated to grow profitably due to a large increase in the use of agricultural biologicals for crop production and protection will occur in major economies in Asia, such as China and India, where farming is extensively practiced. Additionally, governments in Asian nations where agriculture accounts for a significant portion of the economy have increased their efforts to promote sustainable farming, and as a result, they are encouraging the effective use of biofertilizers and biopesticides through the introduction of new programs, tax incentives and exemptions, and subsidy offerings. Therefore, these factors fuel market expansion.

Key players in the market

Some of the key players in the Agriculture Biologicals Market include Andermatt Group AG, BASF SE, Bayer AG, Biolchim Group, Certis USA L.L.C., Corteva, Inc., FMC Corporation, Gowan Company LLC, InVivo Group, Ipl Biologicals Limited, Koppert B.V, Lallemand Inc., Marrone Bio Innovations, Inc., Novozymes A/S, Rizobacter Argentina S.A., Seipasa S.A., Som Phytopharma Limited, Syngenta AG, The Stockton (STK) Group, Vegalab SA and W. Neudorff GmbH KG.

Key Developments

In July 2023, a distribution agreement for the product Essen'ciel for the Italian and Spanish markets was signed by BASF and Vivagro, a cutting-edge French firm specializing in agroecological solutions. Based on sweet orange essential oil, Essen'ciel is a natural fungicide, pesticide, and acaricide. Vine grapes, vegetable crops, berries, ornamental crops, industrial crops, and arboriculture are among the organic uses that have been allowed for it. Given the lack of insecticide alternatives, Essen'ciel stands as an alternative biocontrol agent, particularly for pip fruits like apples, pears, and quinces.

In September 2022, Bioceres Crop Solutions, a major shareholder of Rizobacter merged with Marrone Bio to expand its portfolio of bio protection and plant health products with Rizobacter’s prosperous line.

In January 2022, Syngenta Crop Protection AG has completed the acquisition of Bionema Limited's advanced bioinsecticides, namely NemaTrident and UniSpore. These cutting-edge biocontrol solutions offer customers additional and complementary technologies to efficiently and sustainably combat insect pests and address issues of resistance. With this acquisition, NemaTrident and UniSpore become the first fully owned biocontrol products in Syngenta Professional Solutions' portfolio.

Product Types Covered
• Macrobials
• Natural Products
• Microbial
• Other Product Types

Crop Types Covered
• Oilseeds & Pulses
• Fruits & Vegetables
• Cereals & Grains
• Other Crop Types

Functions Covered
• Biostimulants
• Biopesticides
• Biofertilizers

Formulations Covered
• Dry Agricultural Biologicals
• Liquid Agricultural Biologicals
• Other Formulations

Applications Covered
• Seed Treatment
• Foliar Spray
• Soil Treatment
• 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