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Growing Greener: Agricultural Biologicals Market Trends and Forecasts for 2024-2030 | ||
By: PR Newswire Association LLC. - 16 Mar 2024 | Back to overview list |
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DUBLIN, March 15, 2024 /PRNewswire/ -- The "Agricultural Biologicals Market Size, Share & Trends Analysis Report By Crop-type (Cereals & Grains, Oilseeds & Pulses), By Product (Biopesticides, Biostimulants), By Application Method, By Region, And Segment Forecasts, 2024 - 2030" report has been added to ResearchAndMarkets.com's offering. The global agricultural biologicals market size is expected to reach USD 12.62 billion by 2030, registering a CAGR of 9.4% from 2024 to 2030. Rising demand for food products grown through organic means coupled with favorable government initiatives undertaken across all major agrarian economies is anticipated to drive the market. Significant agricultural reforms were realized worldwide after recognizing the hazards associated with synthetic fertilizers and crop care chemicals. The environmental hazards include soil contamination due to the use of synthetic chemicals for prolonged period, underground water reserve contamination, soil fertility loss, and more, whereas human damages include loss of nutrients in food and long-term deterioration of health due to excessive chemical intake. These factors have led to noteworthy inclination towards bio-based solutions for agriculture across the globe. Furthermore, microbes have been an essential as well as fundamental constituent of nature, which are increasingly utilized by agricultural biologists and agricultural input manufacturers to formulate essential farming products, such as various biostimulants, biofertilizers, and biopesticides. Their usage results in healthier growth of plants as they have no environmental degradation and provide essential nutrients, such as phosphates and nitrogen, to the crop roots. Biologics applications are gaining traction over chemically synthesized products due to increasing demand for food with lower chemical residues. Companies, such as Agricen, BASF, and Bayer CropScience, are globally investing in technological advancements to formulate new inoculants that aid in vigorous plant growth with superior properties. Furthermore, biologicals used in post-harvest management is also gaining significance since the past decade due to multiple instances of crop loss and deterioration of crop shelf-life. These factors are projected to significantly increase the consumption of agricultural biologicals across all major agrarian economies. Agricultural Biologicals Market Report Highlights
Key Topics Covered: Chapter 1. Methodology and Scope Chapter 8. Agricultural Biologicals Market - Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/r/qp42sy About ResearchAndMarkets.com Media Contact: For E.S.T Office Hours Call +1-917-300-0470 U.S. Fax: 646-607-1907 Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg View original content:https://www.prnewswire.com/news-releases/growing-greener-agricultural-biologicals-market-trends-and-forecasts-for-2024-2030-302090229.html SOURCE Research and Markets |
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