Agricultural Microbials Market worth will reach more USD 16,658.4 million by 2028, With a CAGR of 13.9 % from 2021 to 2028.

According to analysts at Zion Market Research, agricultural microbials market accounted for more than USD 5,982.7 million in 2020 and is expected to reach more than USD 16,658.4 million by 2028, growing at a CAGR of 13.9 % from 2021 to 2028.

Major companies in agricultural microbials market are BASF SE, Novozymes, Syngenta Ag, Sumitomo Chemicals Company Ltd, Monsanto, Dow Chemical Company, Marron Bio Innovations, Buyer Crop Science, Gujarat State Fertilizers & Chemicals Limited, Koppers B.V. and Certis USA LLC. among others. These players are set to bolster the development of global agricultural microbials market.

Growing Population And Food Demand To Spur Growth

“Growing population and rising demand for food and food products across the globe will garner the growth for agricultural microbials market in the years ahead,” says the author of this study. Apart from this, increasing popularity of agricultural microbials in food production across the world, hence the increased demand. However, exponential growth in the population also boosts the growth of the global agricultural microbials market. Implementation of various government regulatory and financial policies may influence the global agricultural microbials market growth. Rising food demand for food products by the populating and introduction of the friendly farming practices are expected to propel the global agricultural microbials market growth in the next few years.

Rise In Food Demand To Support North America Growth

Regionally, North America has been one of leading the worldwide agricultural microbials market and is anticipated to continue to grow in the years to come, states the agricultural microbials market study. The market growth is primarily driven by the rising demand for food in the U.S. and Europe. Higher demand from developing economies is the major driving factor of the global market. Increasing prevalence of crop diseases and environmental protection laws is North America are anticipated to boost global agricultural microbials market growth. Major developing countries such as China and India have created new growth opportunities owing to higher demand for food products. In addition, innovative technology and new production practices to protect crop yield will enhance the global market. This trend will be continuing in future as the importance of the agriculture industry rises. North America is growing at a significant rate due to rising demand for organic food and stringent environmental regulations implemented may foster the global agricultural microbials market growth. Asia Pacific shows considerable growth in the coming future.

Browse the full “Agricultural Microbials Market By Microbe Type (Protozoa, Bacteria, Virus, Fungi And Others), By Function (Soil Amendment And Crop Protection), By Formulation (Dry Formulation And Liquid Formulation), By Crop Type (Fruits & Vegetables, Cereals & Grains, Oilseeds, Turf And Ornamentals And Others), By Mode Of Application (Soil Treatment, Foliar Spray And Seed Treatment), By Region (North America, Europe, Asia Pacific, Latin America, And The Middle East & Africa): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2020 – 2028
.” Report at https://www.zionmarketresearch.com/report/agricultural-microbials-market

Major companies in agricultural microbials market

• BASF SE
• Novozymes
• Syngenta Ag
• Sumitomo Chemicals Company Ltd
• Monsanto
• Dow Chemical Company
• Marron Bio Innovations
• Buyer Crop Science
• Gujarat State Fertilizers & Chemicals Limited
• Koppers B.V.
• Certis USA LLC. among others

The global agricultural microbials market is segmented as follows:

By Microbe Type

• Protozoa
• Bacteria
  • Bacillus Subtilis
  • Bacillus Thuringiensis
  • Rhizobium Others
• Virus
• Fungi
  • Trichoderma Spp
  • Mycorrhizal Fungi
  • Penicillium
  • Aspergillus
  • Lecanicillium
  • Others

By Function

• Soil Amendment
• Crop Protection

By Formulation

• Dry Formulation
• Liquid Formulation

By Crop Type

• Fruits & Vegetables
• Cereals & Grains
• Oilseeds
• Turf And Ornamentals
• Others

By Mode Of Application

• Soil Treatment
• Foliar Spray
• Seed Treatment

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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