Global Inoculants Market Is Expected To Grow At A CAGR Of 8.34% During The Forecast Period

Zion Market Research has published a new report titled “Global Inoculants Market – By Type (Agricultural Inoculants and Silage Inoculants), By Microbes (Bacterial, Fungal, and Others), By Crop Type (Oilseeds & Pulses, Cereals & Grains, Fruits & Vegetables, Forage, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 – 2032.” According to the report, global demand for the Inoculants size was valued USD 1191.74 Million in 2023 and is expected to rise to USD 2450.65 Million by 2032 and is projected to escalate at a CAGR of around 8.34% between 2024 and 2032.

Browse the full “Global Inoculants Market – By Type (Agricultural Inoculants and Silage Inoculants), By Microbes (Bacterial, Fungal, and Others), By Crop Type (Oilseeds & Pulses, Cereals & Grains, Fruits & Vegetables, Forage, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/inoculants-market

Cereal & grains category is estimated to account for the largest share of the Inoculants market during the forecast period

The cereals & grains crop type is expected to dominate the global Inoculants market during the forecast period owing to the high demand for it in the various regions. The increasing awareness about the benefits of cereals & grains and the burgeoning organic farmland practices are likely to help surge the cereals & grains category across various regions.

Silage inoculants category is estimated to dominate the Inoculants market during the forecast period

The silage inoculants type is estimated to account for the largest share in the global Inoculants market during the forecast timeline. The increasing demand for silage inoculants is the growing livestock industry in the developing regions across various regions. In addition, the increasing urbanization has doubled the sales of animal-based products including eggs, milk, and meat. Furthermore, the high prices of feed grains have made agricultural inoculants a suitable alternative, which, successively will support the growth of the Inoculants market.

North America is expected to dominate the global Inoculants market during the forecast period

In the US, the production of wheat is found to be increasing, thereby boosting the Inoculants market in North America. North America is anticipated to dominate the global Inoculants market during the forecast period. The advancing farming practices, awareness about crop health, increasing demand for more productivity, and growing population & demand are expected to help augment the growth of the global Inoculants market.

Key Market Players

Some of the major players of the global Inoculants market include XiteBio Technologies Inc., Corteva, Baye, Novozymes, BASF, Verdesian Life Sciences, Advanced Biological Marketing Inc., BrettYoung, Queensland Agricultural Seeds Pty, Precision Laboratories, LLC, and Others.

The report on global Inoculants market is segmented into:

Global Inoculants Market: By Type Segmentation Analysis

• Agricultural Inoculants
  • Plant Growth-Promoting Microorganisms
  • Biocontrol Agents
  • Plant-Resistant Stimulants
• Silage Inoculants
  • Homofermentative
  • Heterofermentative

Global Inoculants Market: By Microbes Segmentation Analysis

• Bacterial
• Fungal
• Others

Global Inoculants Market: By Crop Type Segmentation Analysis

• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Forage
• Others

Global Inoculants Market: By Regional Segmentation Analysis

• 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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