Various beneficial soil microbes are used in the agricultural practices. They include bacteria and fungi that help to release nitrogen, controlling plant diseases, decomposing organic matter, and many others.
Sarasota, FL -- (SBWIRE) -- 02/06/2017 -- Global Agricultural Microbials Market: Overview
Various beneficial soil microbes are used in the agricultural practices. They include bacteria and fungi that help to release nitrogen, controlling plant diseases, decomposing organic matter, and many others. Agricultural microbials are employed in several agricultural sectors as bio fungicides, biopesticides, biofertilizers, bioinsecticides, and others. Rather than controlling diseases and growth of pest, they are also used in plant growth by utilizing nutrients such as phosphorus and nitrogen.
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Global Agricultural Microbials Market: Segmentation
The global market for agricultural microbials has been classified based on application, microbe type, and geography. The microbe type segment includes protozoa, bacteria, virus, fungi, and so on. Of these, bacteria are the leading segment and are expected to grow substantially in the agriculture sector. However, the bacterial microbes are further sub-segmented as bacillus subtilis, bacillus thuringiensis, rhizobium, and others. The application segment comprises fruits & vegetables, cereals & grains, oilseeds, and others. Of these, fruits and vegetables contribute for the largest market chunk in the global market.
Global Agricultural Microbials Market: Growth Factors
Agricultural microbials are getting increasingly popular in food production across the world, hence the increased demand. However, exponential growth in the population also boosts the growth of the global agricultural microbials market. Implementation of various government regulatory and financial policies may influence the global agricultural microbials market growth. Rising food demand for food products by the populating and introduction of the friendly farming practices are expected to propel the global agricultural microbials market growth in the next few years.
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Global Agricultural Microbials Market: Regional Analysis
The global agricultural microbials market growth is primarily driven by the rising demand for food in the U.S. and Europe. Higher demand from developing economies is the major driving factor of the global market. Increasing prevalence of crop diseases and environmental protection laws is North America are anticipated to boost global agricultural microbials market growth. Major developing countries such as China and India have created new growth opportunities owing to higher demand for food products. In addition, innovative technology and new production practices to protect crop yield will enhance the global market. This trend will be continuing in future as the importance of the agriculture industry rises. North America is growing at a significant rate due to rising demand for organic food and stringent environmental regulations implemented may foster the global agricultural microbials market growth. Asia Pacific shows considerable growth in the coming future.
Global Agricultural Microbials Market: Competitive Players
Key players operating in the global agricultural microbials market are Sumitomo Chemical Company Limited, Dow Chemical Company, Marrone Bio Innovations, Bayer CropScience, Novozymes, and Gujrat State Fertilizers & Chemicals Limited, Koppert B.V., DuPont, and Certis USA LLC. Other players include Syngenta Ag, BioAg Alliance, Arysta Lifescience Limited, Monsanto, Chr. Hansen, BASF SE, and Taxon.
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Global Agricultural Microbials Market: Regional Segment Analysis
Middle East & Africa
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