The worldwide agricultural biological market size surpassed valuation of US$10 Bn in 2022 and will possibly exhibit a promising CAGR through the years of forecast, i.e., 2023 – 2030.
Market Analysis in Brief
Agricultural biologicals that are typically referred to as the biologics serve as the vital tools when it comes to crop production and protection. These naturally sourced products provide crop protection against pests, which is why their penetration in modern farming has been growing over the recent past. With the boom around sustainable farming practices growing denser, the global agricultural biological market is expected to be on an uptrend. Increasing demand for green and safe crop protection technologies will be a vital growth driver for the market. Research shows the US as the world’s largest and most significant market for agricultural biologicals and one of the key growth contributors to the market here is the government’s supportive take on the overall sustainable farming practices.
Key report Findings
- Roughly exceeding the revenue worth US$10 Bn in the year 2022, global agricultural biological market poised to rise high
- Thriving boom around organically produced goods to bode well for agricultural biological industry
- Foliar sprays likely to retain popularity throughout the projection period
- Seed treatment methods continue to be preferred over the other segments
- The US market spearheads globally
Growth Drivers
Rising Trend for Organic Produce
Growing consumer awareness on the increased use of pesticides, and fertilizers in farm-grown vegetables, and the ill health concerns associated with the consumption of such products has been creating a boom around organic food products. There were nearly 75 million hectares of organic farms worldwide in 2020. Global organic food sales increased from notably between 2010 and 2020. The Organic Trade Association reports organic food products accounted for 90% of the total organic industry in 2019. The agricultural biological market is expected to grow further, as major players increase their investments in R&D.
Strong organic farming initiatives, as well as increased environmental awareness, have increased the demand for agricultural biologicals in the agriculture industry, thereby boosting the agricultural biological market. In March 2021, the Organic Farming Research Foundation (OFRF), and the United States Department of Agriculture's Natural Resources Conservation Service (NRCS) signed a three-year partnership agreement to conserve the world's organic farming practices.
Similarly, in India, initiatives such as the Paramparagat Krishi Viaks Yojana, the National Programme for Organic Production, and the Capital Investment Subsidy Scheme under the Soil Health Management (SHM) Scheme are encouraging farmers to adopt organic farming, which is expected to fuel the growth of agricultural biological market over the next five years.
Increasing Participation of Governments
The government participation in assisting consumers in distinguishing between legitimate and falsely labelled products has also contributed to overall development of agricultural biological market. Under the National Horticulture Mission, the government of India encourages organic farming by providing incentives to cultivators of organic food products (NHM). Farmers in India are being offered INR10,000 per hectare for a maximum area of four hectares per beneficiary, as well as a group of farmers covering 50 hectares, was awarded Rs. 5.00 lakh for organic agricultural certification.
Overview of Key Segments
Foliar Sprays Remain Preferred
The ability of foliar sprays to correct soil limitations will continue to uphold the dominance of foliar spray category in the agricultural biological market. The foliar spray segment is expected to hold the highest market share in the market during the forecast period. Plants absorb foliar sprays 20 times faster than fertilisers supplied to the soil. During the growing season, foliar sprays assist plants in correcting for soil limitations such as low fertility and low soil temperature.
Plants that are stressed by other factors such as drought, heat, cold, mechanical or insect damage, or diseases benefit from foliar treatments. Foliar feeding can be timed to encourage and/or enhance crucial periods of the plant's lifecycle, such as seedling emergence, rapid growth phases, blooming, fruiting, and seed formation. Many crops benefit from 6–8 foliar feeding treatments every season.
Demand for Seed Treatment Higher, Biopesticides Bestseller
Based on the method of application, seed treatment is more likely to remain the most preferred segment in the agricultural biological market as the use of biologicals to achieve advancing seed properties has been on the rise. On the other hand, biopesticides currently lead in terms of the type of product. This can be clearly attributable to the soaring biopesticide sales for application on foliage, soil, turfs, especially in the developed western regions. Research also indicates a growing demand surge in case of the biofertilizers segment.
Growth Opportunities Across Regions
North America Leads with Higher Plant-Pathogen Crop Infection Cases
The agricultural biological market revenue is expected to be dominated by North America over the forecast period. Growing acreage for field crops including wheat, cotton, and soybeans, as well as an increase in the number of cases of plant-pathogen infection on these crops, are likely to propel the biocontrol market in this area forward. The developed region of North America's access to innovative agricultural product development technologies, equipment, and other resources is likely to enhance market expansion in the next years.
The United States is one of the world's largest consumers. The country's demand is being driven by the growing demand for greener and safer crop protection technologies. The country's regulatory agencies have become more involved in terms of product approvals and changing regulations to increase market penetration. In 2019, about 15,548 thousand certified organic farms were in operation, with 7,139 thousand farms using pastureland and rangeland. Crop sales, including those from nurseries and greenhouses, totalled about US$5.8 Bn in the United States.
An increasing number of mergers and acquisitions, as well as partnerships for research and new product development, are also expected to benefit the agricultural biological market growth in the US. For instance, in September 2019, Verdesian Life Sciences opened its second location in the United States. The core focus area of this lab is on disruptive technologies for improving nutrient usage facilities and environmental sustainability.
Asia Pacific All Set to Flourish
Asia Pacific is expected to display growth at the fastest rate in global agricultural biological market since it is home to the bulk of agrarian economies, including India, Thailand, Japan, Malaysia, South Korea, and the Philippines, which employ more sustainable agricultural techniques. The organic movement is fuelled by rising consumer demand for natural foods, as well as legislative and agricultural reforms implemented by various governments.
Global Agricultural Biological Market: Leading Market Players and Competitive Landscape
The key industry participants focus on investments in research & development. The emerging and developing economies are being increasingly looked at as their next leg of growth in the agricultural biological market. As the industry’s development continues to be in its nascent stage and the overall competitive activity remains moderate, it is more likely that the companies will emphasize improvement of their product portfolios.
A few of the players include BASF (Germany), Syngenta (Switzerland), Marrone Bio Innovation, Inc (US), Bayer AG (Germany), UPL (India), Gowan Company (US), and Vegalab SA (Switzerland).
Recent Notable Developments
- In January 2019, two of Marrone Bio Innovations Inc.'s products have been approved for sale in Canada by the right government organisations, according to the company. The Pest Management Regulatory Authority approved MBI-110 Biofungicide (marketed in the United States as Stargus for speciality crops) (PMRA). The Canadian Food Inspection Agency has certified Haven Sun Protectant (CFIA)
- In November 2020, Amy's Kitchen, a company that makes frozen organic foods, and shelf-stable soups, opened a new pizza production plant in San Jose, California
Regional Classification of Global Agricultural Biological Market Can be Given as Below:
North America
- U.S.
- Canada
Europe
- Germany
- France
- Spain
- U.K.
- Italy
- Russia
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
*Regions and countries are subject to change based on data availability.
Key Elements Included In The Study: Global Agricultural Biological Market
- Agricultural Biological Market by Product/Technology/Grade, Application/End-user, and Region
- Executive Summary (Opportunity Analysis and Key Trends)
- Historical Market Size and Estimates, Value, 2019 - 2022
- Market Value at Regional and Country Level, 2023 - 2030
- Market Dynamics and Economic Overview
- Market Size in Value, Growth Rates, and Forecast Figures, 2023 - 2030
- Competitive Intelligence with Financials, Key Developments, and Portfolio of Leading Companies
- Regional and Product/Grade/Application/End-user Price Trends Analysis
- Value Chain and Five Force’s Analysis
- Regional/Sub-region/Country Market Size and Trend Analysis
- Company Market Share Analysis and Key Player Profiles
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1. Executive Summary
1.1. Global Agricultural Biologicals Market Snapshot
1.2. Key Market Trends
1.3. Future Projections
1.4. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.1.1. Driver A
2.2.1.2. Driver B
2.2.1.3. Driver C
2.2.2. Restraints
2.2.2.1. Restraint 1
2.2.2.2. Restraint 2
2.2.3. Market Opportunities Matrix
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. Covid-19 Impact Analysis
2.5.1. Pre-covid and Post-covid Scenario
2.5.2. Supply Impact
2.5.3. Demand Impact
2.6. Government Regulations
2.7. Technology Landscape
2.8. New Product Launch, R & D, and Developments
2.9. Economic Analysis
2.10. PESTLE
3. Production Output and Trade Statistics, 2018 - 2021
3.1. Regional Production Statistics
3.1.1. North America
3.1.2. Europe
3.1.3. Asia Pacific
3.1.4. Latin America
3.1.5. Middle East & Africa
3.2. Trade Statistics
4. Price Trends Analysis and Future Projects, 2018 - 2029
4.1. Key Highlights
4.2. Prominent Factors Affecting Prices
4.3. By Product
4.4. By Region
5. Global Agricultural Biologicals Market Outlook, 2018 - 2029
5.1. Global Agricultural Biologicals Market Outlook, by Product, Volume (Tons) and Value (US$ Mn), 2018 - 2029
5.1.1. Key Highlights
5.1.1.1. Microbial Biofertilizers
5.1.1.2. Agricultural Biologicals
5.1.1.2.1. Seaweed Extracts
5.1.1.2.2. Organic Acids
5.1.1.2.3. Microbials & Amendments
5.1.1.2.4. Vitamins & Amino Acids
5.1.1.2.5. Trace Elements
5.1.1.2.6. Misc.
5.1.1.3. Biological Control
5.1.1.3.1. Biopesticides
5.1.1.3.2. Macrobials
5.2. Global Agricultural Biologicals Market Outlook, by Application, Volume (Tons) and Value (US$ Mn), 2018 - 2029
5.2.1. Key Highlights
5.2.1.1. Foliar
5.2.1.2. Soil
5.2.1.3. Seed
5.3. Global Agricultural Biologicals Market Outlook, by Crop Type, Volume (Tons) and Value (US$ Mn), 2018 - 2029
5.3.1. Key Highlights
5.3.1.1. Fruits & Vegetables
5.3.1.2. Row Crops & Cereals
5.3.1.3. Turf & Ornamentals
5.3.1.4. Misc.
5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. Global Agricultural Biologicals Market Outlook, by Region, Volume (Tons) and Value (US$ Mn), 2018 - 2029
5.4.1. Key Highlights
5.4.1.1. North America
5.4.1.2. Europe
5.4.1.3. Asia Pacific
5.4.1.4. Latin America
5.4.1.5. Middle East & Africa
5.4.2. BPS Analysis/Market Attractiveness Analysis
6. North America Agricultural Biologicals Market Outlook, 2018 - 2029
6.1. North America Agricultural Biologicals Market Outlook, by Product, Volume (Tons) and Value (US$ Mn), 2018 - 2029
6.1.1. Key Highlights
6.1.1.1. Microbial Biofertilizers
6.1.1.2. Agricultural Biologicals
6.1.1.2.1. Seaweed Extracts
6.1.1.2.2. Organic Acids
6.1.1.2.3. Microbials & Amendments
6.1.1.2.4. Vitamins & Amino Acids
6.1.1.2.5. Trace Elements
6.1.1.2.6. Misc.
6.1.1.3. Biological Control
6.1.1.3.1. Biopesticides
6.1.1.3.2. Macrobials
6.2. North America Agricultural Biologicals Market Outlook, by Application, Volume (Tons) and Value (US$ Mn), 2018 - 2029
6.2.1. Key Highlights
6.2.1.1. Foliar
6.2.1.2. Soil
6.2.1.3. Seed
6.3. North America Agricultural Biologicals Market Outlook, by Crop Type, Volume (Tons) and Value (US$ Mn), 2018 - 2029
6.3.1. Key Highlights
6.3.1.1. Fruits & Vegetables
6.3.1.2. Row Crops & Cereals
6.3.1.3. Turf & Ornamentals
6.3.1.4. Misc.
6.4. North America Agricultural Biologicals Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2018 - 2029
6.4.1. Key Highlights
6.4.1.1. U.S.
6.4.1.2. Canada
6.4.2. BPS Analysis/Market Attractiveness Analysis
7. Europe Agricultural Biologicals Market Outlook, 2018 - 2029
7.1. Europe Agricultural Biologicals Market Outlook, by Product, Volume (Tons) and Value (US$ Mn), 2018 - 2029
7.1.1. Key Highlights
7.1.1.1. Microbial Biofertilizers
7.1.1.2. Agricultural Biologicals
7.1.1.2.1. Seaweed Extracts
7.1.1.2.2. Organic Acids
7.1.1.2.3. Microbials & Amendments
7.1.1.2.4. Vitamins & Amino Acids
7.1.1.2.5. Trace Elements
7.1.1.2.6. Misc.
7.1.1.3. Biological Control
7.1.1.3.1. Biopesticides
7.1.1.3.2. Macrobials
7.2. Europe Agricultural Biologicals Market Outlook, by Application, Volume (Tons) and Value (US$ Mn), 2018 - 2029
7.2.1. Key Highlights
7.2.1.1. Foliar
7.2.1.2. Soil
7.2.1.3. Seed
7.3. Europe Agricultural Biologicals Market Outlook, by Crop Type, Volume (Tons) and Value (US$ Mn), 2018 - 2029
7.3.1. Key Highlights
7.3.1.1. Fruits & Vegetables
7.3.1.2. Row Crops & Cereals
7.3.1.3. Turf & Ornamentals
7.3.1.4. Misc.
7.4. Europe Agricultural Biologicals Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2018 - 2029
7.4.1. Key Highlights
7.4.1.1. Germany
7.4.1.2. France
7.4.1.3. U.K.
7.4.1.4. Italy
7.4.1.5. Spain
7.4.1.6. Russia
7.4.1.7. Turkey
7.4.1.8. Rest of Europe
7.4.2. BPS Analysis/Market Attractiveness Analysis
8. Asia Pacific Agricultural Biologicals Market Outlook, 2018 - 2029
8.1. Asia Pacific Agricultural Biologicals Market Outlook, by Product, Volume (Tons) and Value (US$ Mn), 2018 - 2029
8.1.1. Key Highlights
8.1.1.1. Microbial Biofertilizers
8.1.1.2. Agricultural Biologicals
8.1.1.2.1. Seaweed Extracts
8.1.1.2.2. Organic Acids
8.1.1.2.3. Microbials & Amendments
8.1.1.2.4. Vitamins & Amino Acids
8.1.1.2.5. Trace Elements
8.1.1.2.6. Misc.
8.1.1.3. Biological Control
8.1.1.3.1. Biopesticides
8.1.1.3.2. Macrobials
8.2. Asia Pacific Agricultural Biologicals Market Outlook, by Application, Volume (Tons) and Value (US$ Mn), 2018 - 2029
8.2.1. Key Highlights
8.2.1.1. Foliar
8.2.1.2. Soil
8.2.1.3. Seed
8.3. Asia Pacific Agricultural Biologicals Market Outlook, by Crop Type, Volume (Tons) and Value (US$ Mn), 2018 - 2029
8.3.1. Key Highlights
8.3.1.1. Fruits & Vegetables
8.3.1.2. Row Crops & Cereals
8.3.1.3. Turf & Ornamentals
8.3.1.4. Misc.
8.4. Asia Pacific Agricultural Biologicals Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2018 - 2029
8.4.1. Key Highlights
8.4.1.1. China
8.4.1.2. Japan
8.4.1.3. South Korea
8.4.1.4. India
8.4.1.5. Southeast Asia
8.4.1.6. Rest of Asia Pacific
8.4.2. BPS Analysis/Market Attractiveness Analysis
9. Latin America Agricultural Biologicals Market Outlook, 2018 - 2029
9.1. Latin America Agricultural Biologicals Market Outlook, by Product, Volume (Tons) and Value (US$ Mn), 2018 - 2029
9.1.1. Key Highlights
9.1.1.1. Microbial Biofertilizers
9.1.1.2. Agricultural Biologicals
9.1.1.2.1. Seaweed Extracts
9.1.1.2.2. Organic Acids
9.1.1.2.3. Microbials & Amendments
9.1.1.2.4. Vitamins & Amino Acids
9.1.1.2.5. Trace Elements
9.1.1.2.6. Misc.
9.1.1.3. Biological Control
9.1.1.3.1. Biopesticides
9.1.1.3.2. Macrobials
9.2. Latin America Agricultural Biologicals Market Outlook, by Application, Volume (Tons) and Value (US$ Mn), 2018 - 2029
9.2.1. Key Highlights
9.2.1.1. Foliar
9.2.1.2. Soil
9.2.1.3. Seed
9.3. Latin America Agricultural Biologicals Market Outlook, by Crop Type, Volume (Tons) and Value (US$ Mn), 2018 - 2029
9.3.1. Key Highlights
9.3.1.1. Fruits & Vegetables
9.3.1.2. Row Crops & Cereals
9.3.1.3. Turf & Ornamentals
9.3.1.4. Misc.
9.4. Latin America Agricultural Biologicals Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2018 - 2029
9.4.1. Key Highlights
9.4.1.1. Brazil
9.4.1.2. Mexico
9.4.1.3. Rest of Latin America
9.4.2. BPS Analysis/Market Attractiveness Analysis
10. Middle East & Africa Agricultural Biologicals Market Outlook, 2018 - 2029
10.1. Middle East & Africa Agricultural Biologicals Market Outlook, by Product, Volume (Tons) and Value (US$ Mn), 2018 - 2029
10.1.1. Key Highlights
10.1.1.1. Microbial Biofertilizers
10.1.1.2. Agricultural Biologicals
10.1.1.2.1. Seaweed Extracts
10.1.1.2.2. Organic Acids
10.1.1.2.3. Microbials & Amendments
10.1.1.2.4. Vitamins & Amino Acids
10.1.1.2.5. Trace Elements
10.1.1.2.6. Misc.
10.1.1.3. Biological Control
10.1.1.3.1. Biopesticides
10.1.1.3.2. Macrobials
10.2. Middle East & Africa Agricultural Biologicals Market Outlook, by Application, Volume (Tons) and Value (US$ Mn), 2018 - 2029
10.2.1. Key Highlights
10.2.1.1. Foliar
10.2.1.2. Soil
10.2.1.3. Seed
10.3. Middle East & Africa Agricultural Biologicals Market Outlook, by Crop Type, Volume (Tons) and Value (US$ Mn), 2018 - 2029
10.3.1. Key Highlights
10.3.1.1. Fruits & Vegetables
10.3.1.2. Row Crops & Cereals
10.3.1.3. Turf & Ornamentals
10.3.1.4. Misc.
10.4. Middle East & Africa Agricultural Biologicals Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2018 - 2029
10.4.1. Key Highlights
10.4.1.1. GCC
10.4.1.2. South Africa
10.4.1.3. Rest of Middle East & Africa
10.4.2. BPS Analysis/Market Attractiveness Analysis
11. Competitive Landscape
11.1. Company Market Share Analysis, 2021
11.2. Competitive Dashboard
11.3. Company Profiles
11.3.1. Bayer AG
11.3.1.1. Company Overview
11.3.1.2. Product Portfolio
11.3.1.3. Financial Overview
11.3.1.4. Business Strategies and Development
(*Note: Above details would be available for below list of companies based on availability)
11.3.2. Pro Farm Group Inc.
11.3.3. Corteva AG
11.3.4. BASF SE
11.3.5. Syngenta AG
11.3.6. Sumitomo Chemical
11.3.7. Koppert Biological Systems
11.3.8. FMC Corporation
11.3.9. Isagro SpA
11.3.10. UPL Limited
11.3.11. Novozymes A/S
11.3.12. Biolchim SpA
11.3.13. Haifa Group
11.3.14. Sapec Agro S.A.
11.3.15. TAGROW CO., LTD.
11.3.16. AXEB BIOTECH SL
12. Appendix
12.1. Research Methodology
12.2. Report Assumptions
12.3. Acronyms and Abbreviations
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2018 - 2021 |
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2022 - 2029 |
Value: US$ Mn Volume: Tons |
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Application Coverage |
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Leading Market Companies |
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Report Highlights |
Market Estimates and Forecast, Market Dynamics, Industry Trends, Production Output, Price Trend Analysis, Competition Landscape, Product-, Application-, Crop Type-, Region-, Country-wise Trends & Analysis, COVID-19 Impact Analysis (Demand and Supply), Key Market Trends |
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