the Global Agricultural Microbials Market is accounted for $2.88 billion in 2017 and is expected to reach $11.45 billion by 2026 growing at a CAGR of 16.5% during the forecast period.
London, UK -- (SBWIRE) -- 06/13/2018 -- The Global Agricultural Microbials Market is accounted for $2.88 billion in 2017 and is expected to reach $11.45 billion by 2026 growing at a CAGR of 16.5% during the forecast period. Factors such as growing awareness about the utilization of agricultural microbial over agrochemicals, rising customer concern on organic products and increase in the price of pesticides & fertilizers are propelling the market growth. However, shorter shelf-life of microbes is hampering the market.
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Some of the key players in this market include:
Bayer Cropscience AG, BASF SE, Monsanto Company, Nufarm Ltd., Koppert B.V., DOW Agrosciences LLC, Syngenta AG, Certis USA LLC, Sumitomo Chemical Co., Ltd, Novozymes A/S, Arysta Lifescience Limited, Gujrat State Fertilizers & Chemicals Limited, Brettyoung, Marrone Bio Innovations and BioAg Alliance.
Agricultural microbials are manufactured from naturally happening microorganisms such as fungi and bacteria. It improves efficiency and fertility of the plant. Agricultural microbial products provide feasible and cost effective solutions to boost plant yield. It protects the environment and therefore helpful for both farmers and consumers. Fungi, bacteria, algae and viruses are the generally used microbials in agriculture. It plays a vital part in the manufacture of grains, vegetables, poultry and livestock products. These are usually useful to seeds or sprinkle on crops to save them from pests and diseases.
By Geography, Asia Pacific is anticipated to grow at a highest CAGR during the forecast period due to the increasing production of tropical and sub-tropical vegetables and fruits will boost regional growth of the market. Countries such as China and India are expected to growth of the market due to the growing demand for food.
Crop Types Covered:
Fruits & Vegetables
Cereals & Grains
Oilseeds & Pulses
Other Crop Types
Types Covered:
Fungi
Bacteria
Virus
Protozoa
Other Types
Functions Covered:
Crop Protection
Soil Amendment
Formulations Covered:
Liquid Formulation
Dry Formulation
Mode of Applications Covered:
Foliar Spray
Seed Treatment
Soil Treatment
Regions Covered:
North America
Europe
Asia Pacific
South America
Middle East & Africa
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Table of Content
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Agricultural Microbials Market, By Crop Type
6 Global Agricultural Microbials Market, By Type
7 Global Agricultural Microbials Market, By Function
8 Global Agricultural Microbials Market, By Formulation
9 Global Agricultural Microbials Market, By Mode of Application
10 Global Agricultural Microbials Market, By Geography
11 Key Developments
12 Company Profiling
12.1 Bayer Cropscience AG
12.2 BASF SE
12.3 Monsanto Company
12.4 Nufarm Ltd.
12.5 Koppert B.V.
12.6 DOW Agrosciences LLC
12.7 Syngenta AG
12.8 Certis USA LLC
12.9 Sumitomo Chemical Co., Ltd
12.10 Novozymes A/S
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