WASHINGTON, Dec. 07, 2021 (GLOBE NEWSWIRE) -- The Global Agricultural Biologicals Market size is expected to reach USD 27.38 billion by 2028, exhibiting a CAGR of 12.82% during the forecast period. This is attributable to the increase in the growing me of sustainable agriculture in the global market, low deposit levels, and supportive guidance are the essential factors boosting the growth of the market. Extensions, innovative product launches, and contracts were the principal strategies utilized by key players to obtain strong market potential. is likely to shift global Agricultural Biologicals Market, states Vantage Market Research, in a report, titled “Agricultural Biologicals Market by Product (Biopesticides, Bio stimulants, Biofertilizers, Others), by Application Method (Foliar Spray, Seed Treatment, Soil Treatment, Post-harvest), by Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others), by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028).”
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The COVID-19 outbreak has affected various industries worldwide. Governments across the world implemented strict lockdown measures and social distancing norms in order to restrict the swift spread of the pandemic. Manufacturing facilities around the world were shut down during the initial stages of the pandemic. Moreover, the economic crisis after the pandemic might lead to a significant delay in the commercial roll-out of the Agricultural Biologicals Market. Hence, market players faced numerous challenges as disruptions in the supply chain were observed. However, things will improve in the second half of 2022 as more supplies will come online. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends of the market for all the regions and countries based on the following data points:
- Impact Assessment of COVID-19 Pandemic
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Quarterly Market Revenue Forecast by Asia Pacific 2020 & 2021
- Key Strategies Undertaken by Companies to Tackle COVID-19
- Long Term Dynamics
- Short Term Dynamics
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The report on Agricultural Biologicals Market highlights:
- Assessment of the market
- Premium Insights
- Competitive Landscape
- COVID Impact Analysis
- Historic Data, Estimates and Forecast
- Company Profiles
- Global and Regional Dynamics
Market Overview:
Growing Demand for Quality Farm Yields to Boost the Agricultural Biologicals Market.
The research led by the Food and Agriculture Organization in Lesotho revealed that economic agriculture practices, wherein biologicals are a fundamental element, have the more prominent ability to perform as high production levels are obtained easily with lower inputs. There was also a signed development in farming yields where biologicals were used. Therefore, the commercial feasibility of biologicals will support the worldwide agricultural biologicals market interest. Thus, the rising production and research projects are anticipated to present new and more possibilities for Agricultural Biologicals Market.
Advantages of this Research:
- Evaluate market share for commercial Agricultural Biologicals Market. opportunities, track market size, competitive drug sales, synthesis insights for commercial development and licensing.
- Develop tactics and strategies to take advantage of opportunities in the Agricultural Biologicals Market.
- Latest Trends and Market Events and analyze essential events in Agricultural Biologicals Market.
- Develop an in-depth knowledge of competition and analyze sales data to update your brand planning trackers.
- Answer vital business questions; supports decision making in R&D to long term marketing strategies
- Develop economic models, forecast models, and healthcare frameworks.
Enhancing Environmental Benefits to Drive the Adoption Rates of Biologicals.
As per the FAO, agricultural biologicals hold a mixture of agronomic and environmental benefits. Like the regular admixture of crop residual boosts the natural content of the soil enhances soil condition and composition and helps for water conservation. The combined outcome is improved potency in quantitative and qualitative phases, which helps greatly for the global agricultural biological market.
Good and healthy yields have become a high preference as artificial chemical manure and pesticides lead to a decrease in the nutritional content of foodstuffs. Environmental advantages, almost linked to the business of biologicals, are numerous. Like sustainable agricultural methods can enhance biodiversity in soils, improve carbon sequestration abilities of soil, purify air quality, and stop unnatural soil depletion.
Regional Analysis:
The North America is Likely to Dominate the Global Agricultural Biologicals Market
North America and Europe are growing considerably, owing to powerful guidelines on the usage of different artificial crop protection compounds to protect nature. The occupancy of exceptional agricultural commodities evolving technologies, facilities, and other sources in the developed countries of Europe and North America is further anticipated to expand the market growth of the regions throughout the forecasted period. The engaging of legislation like the new of (PRIA 4) of 2018 is supposed to expand the worldwide agricultural biologicals market capacity in North America. Relatable efforts for effective management of biological products in the farming sector is foreseen in Europe to affect market growth.
Important questions answered in this report:
- What is the estimated market size and growth rate of the Agricultural Biologicals Market?
- Which segments are included in the Agricultural Biologicals Market?
- Which top companies are active in the Agricultural Biologicals Market?
- What are the major driving factors for the growth of the Agricultural Biologicals Market?
- How can I get free sample reports or study of Agricultural Biologicals Market?
List Of Prominent Players in the Agricultural Biologicals Market:
| Sr. No. | Companies | Headquarters |
| 1. | BASF SE | Ludwigshafen, Germany |
| 2. | Marrione Bio Innovation | Davis, California, United States |
| 3. | UPL | Mumbai, India |
| 4. | Evogene | Rehovot, Israel |
| 5. | Valent | California, United States |
| 6. | Biolchim | Italy |
| 7. | Isagro S.p.A | Italy |
| 8. | Valagro | Atessa, Italy |
Recent Developments in the Industry:
1. March 2021: Bayer launches Vynyty Citrus®, its most advanced biological and pheromone-based crop protection component to manage pests on citrus farms throughout the International Symposium on Horticulture in Europe.
2. March 2021: Gowan Company declares that it has started in the binding agreement to acquire all shares of Piemme S.r.l from Giorgio Basile and the other stockholders. Piemme S.r.l is the predominant shareholder of Isagro S.p.A., and the business announced that it is the first step in the purchase by Gowan Company of all shares of Isagro S.p.A.
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This market titled “Agricultural Biologicals Market” will cover exclusive information in terms of Geographic Segmentation, Regional Analysis, Forecast, and Quantitative Date – Units, Key Market Trends, and various others as mentioned below:
| Report Attribute | Details | |
| Base Year | 2020 | |
| Market Size in 2028 | USD 27.38 Billion | |
| Forecast Period 2021 to 2028 CAGR | 12.82% | |
| Historic Years | 2016 - 2019 | |
| Forecast Years | 2021 - 2028 | |
| Segments Covered | Function: -Biocontrol, Biofertilizers and Biostimulants Product Type: - Microbials, Macrobials, Semiochemicals, Natural Application: - Foliar spray, Soil and Seed treatment | |
| Quantitative Data - Units | Revenue in USD Million/Billion and CAGR from 2021 to 2028 | |
| Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World | |
| Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others | |
| Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. | |
Table of Content –
- Chapter No. 1: Introduction
- Report Scope
- Objectives of the Study
- USP & Key Offerings
- Target Audience
- Vantage Market Research Report Guidance/Walk-through
- Chapter No. 2: Premium Insights
- Market Snapshot
- Top Investment Pockets
- Market Attractiveness Analysis, By Product
- Market Attractiveness Analysis, By Application Method
- Market Attractiveness Analysis, By Crop Type
- Market Attractiveness Analysis, By North America
- Insights from Primary Respondents
- Chapter No. 3: Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter’s Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- TOC to continue…
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