Agricultural Biologicals Market to grow by over $ 10 bn during 2021-2025 | Increasing Prices of Chemical fertilizers and Pesticides to Boost Growth | Technavio

NEW YORK, May 20, 2021 /PRNewswire/ —
Technavio has been monitoring the agricultural biologicals…

NEW YORK, May 20, 2021 /PRNewswire/ —

Technavio has been monitoring the agricultural biologicals market and it is poised to grow by USD 10.23 billion during 2021-2025, progressing at a CAGR of almost 15% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Frequently Asked Questions:

  • Based on segmentation by product, which is the leading segment in the market?

    Based on the product, the market saw maximum growth in the biopesticides segment in 2020.
  • What are the major trends in the market?

    Increasing governmental support for the use of bio-based products in agriculture is the major trend in the market.
  • At what rate is the market projected to grow?

    The market is projected to grow at a CAGR of almost 15% during the forecast period.
  • Who are the top players in the market?

    Agrinos AS, BASF SE, Bayer AG, Certis USA LLC, Evogene Ltd., Isagro Spa, Novozymes AS, Syngenta AG, UPL Ltd., and Valent BioSciences LLC are the top players in the market.
  • What are the key market drivers and challenges?

    The market is driven by the increasing prices of chemical fertilizers and pesticides. However, the lack of awareness on agricultural biologicals might challenge growth.
  • How big is the North American market?

    North America dominated the market with a 36% share in 2020.

Related Reports on Materials Include:

Global Agricultural Micronutrients Market – Global agricultural micronutrients market is segmented by type (fruits and vegetables, oilseeds and pulses, cereals and grains, and other crops), nutrients (zinc, molybdenum, manganese, boron, and others), and geography (APAC, North America, Europe, South America, and MEA).

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Global Agricultural Pesticides Market – Global agricultural pesticides market is segmented by type (herbicides, insecticides, fungicides, and others) and geography (APAC, South America, Europe, North America, and MEA).

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Agrinos AS, BASF SE, Bayer AG, Certis USA LLC, Evogene Ltd., Isagro Spa, Novozymes AS, Syngenta AG, UPL Ltd., and Valent BioSciences LLC are some of the major market participants. Although the increasing prices of chemical fertilizers and pesticides will offer immense growth opportunities, the lack of awareness on agricultural biologicals is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this agricultural biologicals market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. 

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Agricultural Biologicals Market 2021-2025: Segmentation

Agricultural Biologicals Market is segmented as below:

  • Product
    • Biopesticides
    • Biostimulants
    • Biofertilizers
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA
  • Application
    • Cereals And Grains
    • Fruits And Vegetables
    • Oilseeds And Pulses
    • Other Crops

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43832

Agricultural Biologicals Market 2021-2025: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The agricultural biologicals market report covers the following areas:

  • Agricultural Biologicals Market Size
  • Agricultural Biologicals Market Trends
  • Agricultural Biologicals Market Industry Analysis

This study identifies increasing governmental support for the use of bio-based products in agriculture as one of the prime reasons driving the Agricultural Biologicals Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Agricultural Biologicals Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist agricultural biologicals market growth during the next five years
  • Estimation of the agricultural biologicals market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the agricultural biologicals market across North America, Europe, APAC, South America, and MEA
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of agricultural biologicals market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Five Forces Analysis
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Biopesticides – Market size and forecast 2020-2025
  • Biostimulants – Market size and forecast 2020-2025
  • Biofertilizers – Market size and forecast 2020-2025
  • Market opportunity by Product

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Cereals and grains – Market size and forecast 2020-2025
  • Fruits and vegetables – Market size and forecast 2020-2025
  • Oilseeds and pulses – Market size and forecast 2020-2025
  • Other crops – Market size and forecast 2020-2025
  • Market opportunity by Application

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Competitive landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Agrinos AS
  • BASF SE
  • Bayer AG
  • Certis USA LLC
  • Evogene Ltd.
  • Isagro Spa
  • Novozymes AS
  • Syngenta AG
  • UPL Ltd.
  • Valent BioSciences LLC

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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Report: www.technavio.com/report/agricultural-biologicals-market-industry-analysis

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